EB CAPITAL: 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.
EB CAPITAL
Largest movements
- Cash +€78,785
up €78,785 (+571.8%), from €13,777 to €92,562
mainly Net result for the year (+€125,570) and Tax, wage and social debts (+€14,796)
- Receivables within one year +€53,973
up €53,973 (+22423.5%), from €241 to €54,214
- Tangible fixed assets +€2,956
up €2,956 (+521.2%), from €567 to €3,523
- Reserves +€63,883
up €63,883 (+3194.2%), from €2,000 to €65,883
of which Distributable reserves: +€63,883
- Profit (loss) carried forward +€61,687
no longer reported in 2025 (was -€61,687)
- Other debts -€17,997
down €17,997 (-30.9%), from €58,244 to €40,247
- Tax, wage and social debts +€14,796
up €14,796 (+3785.4%), from €391 to €15,186
of which Taxes: +€14,556
- Current portion of long-term debt +€13,251
new in 2025: €13,251
- Gross operating margin +€128,404
up €128,404 (+527.2%), from €24,356 to €152,760
- Taxes +€25,580
new in 2025: €25,580
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 | €19,069 | €154,568 | +€135,500 | +710.6% |
| Fixed assets | 21/28 | €4,657 | €7,613 | +€2,956 | +63.5% |
| Tangible fixed assets | 22/27 | €567 | €3,523 | +€2,956 | +521.2% |
| Furniture and vehicles | 24 | €567 | €3,523 | +€2,956 | +521.2% |
| Financial fixed assets | 28 | €4,090 | €4,090 | = | 0.0% |
| Current assets | 29/58 | €14,411 | €146,955 | +€132,543 | +919.7% |
| Amounts receivable within one year | 40/41 | €241 | €54,214 | +€53,973 | +22423.5% |
| Trade receivables | 40 | €241 | €54,214 | +€53,973 | +22423.5% |
| Cash at bank and in hand | 54/58 | €13,777 | €92,562 | +€78,785 | +571.8% |
| Deferred charges and accrued income | 490/1 | €393 | €178 | -€215 | -54.7% |
| Total equity and liabilities | 10/49 | €19,069 | €154,568 | +€135,500 | +710.6% |
| Equity | 10/15 | -€39,687 | €85,883 | +€125,570 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €65,883 | +€63,883 | +3194.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €63,883 | +€63,883 | |
| Profit (loss) carried forward | 14 | -€61,687 | - | +€61,687 | |
| Amounts payable | 17/49 | €58,756 | €68,685 | +€9,929 | +16.9% |
| Amounts payable within one year | 42/48 | €58,756 | €68,685 | +€9,929 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | - | €13,251 | +€13,251 | |
| Trade debts | 44 | €121 | - | -€121 | |
| Suppliers | 440/4 | €121 | - | -€121 | |
| Taxes, remuneration and social security | 45 | €391 | €15,186 | +€14,796 | +3785.4% |
| Taxes | 450/3 | €391 | €14,946 | +€14,556 | +3724.0% |
| Remuneration and social security | 454/9 | - | €240 | +€240 | |
| Other amounts payable | 47/48 | €58,244 | €40,247 | -€17,997 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369 | €1,167 | +€798 | +216.3% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €24,356 | €152,760 | +€128,404 | +527.2% |
| Operating profit (loss) | 9901 | €23,987 | €151,206 | +€127,219 | +530.4% |
| Financial charges | 65/66B | €123 | €55 | -€68 | -55.1% |
| Recurring financial charges | 65 | €123 | €55 | -€68 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €23,864 | €151,151 | +€127,286 | +533.4% |
| Income taxes | 67/77 | - | €25,580 | +€25,580 | |
| Profit (loss) for the period | 9904 | €23,864 | €125,570 | +€101,706 | +426.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,864 | €125,570 | +€101,706 | +426.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.