EAU 489: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EAU 489
Largest movements
- Cash +€29,323
up €29,323 (+280%), from €10,464 to €39,788
mainly Net result for the year (+€26,790) and Depreciation (+€10,408)
- Tangible fixed assets -€5,058
down €5,058 (-38.2%), from €13,249 to €8,191
of which Other tangible fixed assets: -€4,985
- Intangible fixed assets -€3,630
down €3,630 (-21.0%), from €17,249 to €13,619
- Receivables within one year +€1,438
up €1,438 (+87.1%), from €1,651 to €3,089
- Profit (loss) carried forward +€26,790
up €26,790, from -€23,261 to €3,529
- Debts after one year -€4,047
down €4,047 (-60.8%), from €6,661 to €2,614
- Staff costs -€17,345
down €17,345 (-96.0%), from €18,060 to €716
- Gross operating margin +€7,842
up €7,842 (+25.0%), from €31,322 to €39,164
- Depreciation +€1,457
up €1,457 (+16.3%), from €8,951 to €10,408
- Financial charges -€884
down €884 (-56.7%), from €1,559 to €675
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,612 | €67,850 | +€22,238 | +48.8% |
| Fixed assets | 21/28 | €33,497 | €24,809 | -€8,688 | -25.9% |
| Intangible fixed assets | 21 | €17,249 | €13,619 | -€3,630 | -21.0% |
| Tangible fixed assets | 22/27 | €13,249 | €8,191 | -€5,058 | -38.2% |
| Plant, machinery and equipment | 23 | €72 | - | -€72 | |
| Other tangible fixed assets | 26 | €13,176 | €8,191 | -€4,985 | -37.8% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €12,115 | €43,040 | +€30,926 | +255% |
| Amounts receivable within one year | 40/41 | €1,651 | €3,089 | +€1,438 | +87.1% |
| Trade receivables | 40 | €1,651 | €3,089 | +€1,438 | +87.1% |
| Cash at bank and in hand | 54/58 | €10,464 | €39,788 | +€29,323 | +280% |
| Deferred charges and accrued income | 490/1 | - | €164 | +€164 | |
| Total equity and liabilities | 10/49 | €45,612 | €67,850 | +€22,238 | +48.8% |
| Equity | 10/15 | -€8,261 | €18,529 | +€26,790 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,261 | €3,529 | +€26,790 | |
| Amounts payable | 17/49 | €53,873 | €49,321 | -€4,552 | -8.4% |
| Amounts payable after more than one year | 17 | €6,661 | €2,614 | -€4,047 | -60.8% |
| Financial debts | 170/4 | €6,661 | €2,614 | -€4,047 | -60.8% |
| Amounts payable within one year | 42/48 | €46,828 | €46,707 | -€121 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €4,381 | €4,047 | -€334 | -7.6% |
| Trade debts | 44 | €396 | €261 | -€134 | -34.0% |
| Suppliers | 440/4 | €396 | €261 | -€134 | -34.0% |
| Taxes, remuneration and social security | 45 | €590 | €901 | +€311 | +52.8% |
| Taxes | 450/3 | €556 | €901 | +€345 | +61.9% |
| Remuneration and social security | 454/9 | €33 | - | -€33 | |
| Other amounts payable | 47/48 | €41,461 | €41,498 | +€36 | +0.1% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Remuneration, social security and pensions | 62 | €18,060 | €716 | -€17,345 | -96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,951 | €10,408 | +€1,457 | +16.3% |
| Other operating charges | 640/8 | €838 | €586 | -€252 | -30.1% |
| Gross operating margin | 9900 | €31,322 | €39,164 | +€7,842 | +25.0% |
| Operating profit (loss) | 9901 | €3,472 | €27,454 | +€23,982 | +691% |
| Financial income | 75/76B | €138 | €11 | -€127 | -92.1% |
| Recurring financial income | 75 | €138 | €11 | -€127 | -92.1% |
| Financial charges | 65/66B | €1,559 | €675 | -€884 | -56.7% |
| Recurring financial charges | 65 | €1,559 | €675 | -€884 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €2,051 | €26,790 | +€24,739 | +1,206% |
| Profit (loss) for the period | 9904 | €2,051 | €26,790 | +€24,739 | +1,206% |
| Profit (loss) for the period to be appropriated | 9905 | €2,051 | €26,790 | +€24,739 | +1,206% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.