EAU-ZONE: what changed
Two fiscal 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-ZONE
Largest movements
- Tangible fixed assets -€17,390
down €17,390 (-10.1%), from €172,709 to €155,319
of which Land and buildings: -€14,425
- Receivables within one year +€17,009
up €17,009 (+22.1%), from €76,847 to €93,856
of which Other amounts receivable: +€13,500
- Cash -€13,315
down €13,315 (-44.0%), from €30,257 to €16,942
mainly Debts after one year (-€21,935) and Receivables within one year (-€17,009)
- Debts after one year -€21,935
down €21,935 (-33.5%), from €65,379 to €43,445
- Reserves +€14,741
up €14,741 (+43.4%), from €33,999 to €48,740
of which Distributable reserves: +€14,741
- Trade debts -€10,225
down €10,225 (-16.9%), from €60,657 to €50,432
- Other debts +€6,558
up €6,558 (+10.0%), from €65,864 to €72,422
- Tax, wage and social debts -€4,898
down €4,898 (-76.9%), from €6,372 to €1,474
- Gross operating margin +€5,136
up €5,136 (+11.3%), from €45,334 to €50,470
- Other operating charges +€1,812
up €1,812 (+16.9%), from €10,725 to €12,538
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.
Cash bridge derived
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 | €284,014 | €268,742 | -€15,272 | -5.4% |
| Fixed assets | 21/28 | €172,709 | €155,319 | -€17,390 | -10.1% |
| Tangible fixed assets | 22/27 | €172,709 | €155,319 | -€17,390 | -10.1% |
| Land and buildings | 22 | €157,876 | €143,451 | -€14,425 | -9.1% |
| Plant, machinery and equipment | 23 | €14,833 | €10,108 | -€4,725 | -31.9% |
| Furniture and vehicles | 24 | - | €1,760 | +€1,760 | |
| Current assets | 29/58 | €111,306 | €113,424 | +€2,118 | +1.9% |
| Stocks and contracts in progress | 3 | €4,201 | €2,625 | -€1,576 | -37.5% |
| Stocks | 30/36 | €4,201 | €2,625 | -€1,576 | -37.5% |
| Amounts receivable within one year | 40/41 | €76,847 | €93,856 | +€17,009 | +22.1% |
| Trade receivables | 40 | - | €3,509 | +€3,509 | |
| Other amounts receivable | 41 | €76,847 | €90,347 | +€13,500 | +17.6% |
| Cash at bank and in hand | 54/58 | €30,257 | €16,942 | -€13,315 | -44.0% |
| Total equity and liabilities | 10/49 | €284,014 | €268,742 | -€15,272 | -5.4% |
| Equity | 10/15 | €64,295 | €79,035 | +€14,741 | +22.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €33,999 | €48,740 | +€14,741 | +43.4% |
| Non-distributable reserves | 130/1 | €579 | €579 | = | 0.0% |
| Reserves not available under the articles | 1311 | €579 | €579 | = | 0.0% |
| Distributable reserves | 133 | €33,420 | €48,161 | +€14,741 | +44.1% |
| Profit (loss) carried forward | 14 | €5,295 | €5,295 | = | 0.0% |
| Amounts payable | 17/49 | €219,720 | €189,707 | -€30,012 | -13.7% |
| Amounts payable after more than one year | 17 | €65,379 | €43,445 | -€21,935 | -33.5% |
| Financial debts | 170/4 | €65,379 | €43,445 | -€21,935 | -33.5% |
| Amounts payable within one year | 42/48 | €154,340 | €146,262 | -€8,078 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €21,447 | €21,935 | +€488 | +2.3% |
| Trade debts | 44 | €60,657 | €50,432 | -€10,225 | -16.9% |
| Suppliers | 440/4 | €60,657 | €50,432 | -€10,225 | -16.9% |
| Taxes, remuneration and social security | 45 | €6,372 | €1,474 | -€4,898 | -76.9% |
| Taxes | 450/3 | €6,372 | €1,474 | -€4,898 | -76.9% |
| Other amounts payable | 47/48 | €65,864 | €72,422 | +€6,558 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,150 | €19,566 | +€416 | +2.2% |
| Other operating charges | 640/8 | €10,725 | €12,538 | +€1,812 | +16.9% |
| Gross operating margin | 9900 | €45,334 | €50,470 | +€5,136 | +11.3% |
| Operating profit (loss) | 9901 | €15,459 | €18,366 | +€2,908 | +18.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,563 | €2,152 | -€412 | -16.1% |
| Recurring financial charges | 65 | €2,563 | €2,152 | -€412 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €12,896 | €16,215 | +€3,319 | +25.7% |
| Income taxes | 67/77 | €1,172 | €1,474 | +€302 | +25.7% |
| Profit (loss) for the period | 9904 | €11,723 | €14,741 | +€3,017 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,723 | €14,741 | +€3,017 | +25.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.