EB Finance: 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.
What changed
EB Finance
NACE 66.191, Agents and brokers in banking services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€88,037
2024 · €96,148-€8,111
Equity
€338,652
2024 · €250,615+€88,037
Cash
€12,036
2024 · €11,586+€450
Balance sheet total
€2.2m
2024 · €2.2m-€31,522
Largest movements
Assets
- Tangible fixed assets -€74,701
down €74,701 (-3.6%), from €2.1m to €2.0m
of which Land and buildings: -€68,600
- Deferred charges and accrued income +€54,483
up €54,483 (+42.0%), from €129,722 to €184,205
Equity and liabilities
- Debts after one year -€206,169
down €206,169 (-14.9%), from €1.4m to €1.2m
- Reserves +€88,000
up €88,000 (+90.4%), from €97,325 to €185,325
- Trade debts +€76,825
up €76,825 (+26.7%), from €288,075 to €364,900
- Current portion of long-term debt +€30,252
up €30,252 (+19.3%), from €156,666 to €186,919
Income statement
- Staff costs +€61,309
up €61,309 (+17.9%), from €341,595 to €402,904
- Gross operating margin +€46,642
up €46,642 (+7.6%), from €611,662 to €658,304
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.
Result 2024
€96,148
Gross operating margin
+€46,642
Staff costs
-€61,309
Depreciation
-€215
Other operating charges
+€2,882
Financial income
+€0
Financial charges
+€5,817
Taxes
-€1,929
Result 2025
€88,037
raises the resultlowers the result
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.
From operations
+€174,144
Investment
-€6,773
Financing
-€166,920
Cash 2024
€11,586
From operations (derived)
+€174,144
Net result for the year
+€88,037
Depreciation
+€81,474
Receivables within one year
+€11,754
Deferred charges and accrued income
-€54,483
Trade debts
+€76,825
Tax, wage and social debts
-€20,463
Accrued charges and deferred income
-€9,000
Investment (derived)
-€6,773
Investment in fixed assets (net)
-€6,773
Financing
-€166,920
Debts after one year
-€206,169
Current portion of long-term debt
+€30,252
Short-term financial debts
+€8,996
Cash 2025
€12,036
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,219,481 | €2,187,959 | -€31,522 | -1.4% |
| Fixed assets | 21/28 | €2,066,171 | €1,991,470 | -€74,701 | -3.6% |
| Tangible fixed assets | 22/27 | €2,066,081 | €1,991,380 | -€74,701 | -3.6% |
| Land and buildings | 22 | €2,037,407 | €1,968,807 | -€68,600 | -3.4% |
| Furniture and vehicles | 24 | €22,221 | €17,500 | -€4,722 | -21.2% |
| Other tangible fixed assets | 26 | €6,452 | €5,073 | -€1,379 | -21.4% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €153,310 | €196,490 | +€43,179 | +28.2% |
| Amounts receivable within one year | 40/41 | €12,003 | €249 | -€11,754 | -97.9% |
| Trade receivables | 40 | - | €249 | +€249 | |
| Other amounts receivable | 41 | €12,003 | - | -€12,003 | |
| Cash at bank and in hand | 54/58 | €11,586 | €12,036 | +€450 | +3.9% |
| Deferred charges and accrued income | 490/1 | €129,722 | €184,205 | +€54,483 | +42.0% |
| Total equity and liabilities | 10/49 | €2,219,481 | €2,187,959 | -€31,522 | -1.4% |
| Equity | 10/15 | €250,615 | €338,652 | +€88,037 | +35.1% |
| Contributions | 10/11 | €23,250 | €23,250 | = | 0.0% |
| Reserves | 13 | €97,325 | €185,325 | +€88,000 | +90.4% |
| Distributable reserves | 133 | €97,325 | €185,325 | +€88,000 | +90.4% |
| Profit (loss) carried forward | 14 | €130,040 | €130,077 | +€37 | 0.0% |
| Amounts payable | 17/49 | €1,968,866 | €1,849,308 | -€119,558 | -6.1% |
| Amounts payable after more than one year | 17 | €1,385,999 | €1,179,831 | -€206,169 | -14.9% |
| Financial debts | 170/4 | €1,385,999 | €1,179,831 | -€206,169 | -14.9% |
| Amounts payable within one year | 42/48 | €573,867 | €669,477 | +€95,610 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €156,666 | €186,919 | +€30,252 | +19.3% |
| Financial debts | 43 | €47,500 | €56,496 | +€8,996 | +18.9% |
| Credit institutions | 430/8 | €47,500 | €56,496 | +€8,996 | +18.9% |
| Trade debts | 44 | €288,075 | €364,900 | +€76,825 | +26.7% |
| Suppliers | 440/4 | €288,075 | €364,900 | +€76,825 | +26.7% |
| Taxes, remuneration and social security | 45 | €81,625 | €61,162 | -€20,463 | -25.1% |
| Taxes | 450/3 | €41,187 | €17,856 | -€23,331 | -56.6% |
| Remuneration and social security | 454/9 | €40,438 | €43,307 | +€2,868 | +7.1% |
| Accrued charges and deferred income | 492/3 | €9,000 | - | -€9,000 | |
| Remuneration, social security and pensions | 62 | €341,595 | €402,904 | +€61,309 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,260 | €81,474 | +€215 | +0.3% |
| Other operating charges | 640/8 | €6,487 | €3,605 | -€2,882 | -44.4% |
| Gross operating margin | 9900 | €611,662 | €658,304 | +€46,642 | +7.6% |
| Operating profit (loss) | 9901 | €182,320 | €170,321 | -€11,999 | -6.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €33,246 | €27,428 | -€5,817 | -17.5% |
| Recurring financial charges | 65 | €33,246 | €27,428 | -€5,817 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €149,075 | €142,892 | -€6,182 | -4.1% |
| Income taxes | 67/77 | €52,927 | €54,856 | +€1,929 | +3.6% |
| Profit (loss) for the period | 9904 | €96,148 | €88,037 | -€8,111 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €96,148 | €88,037 | -€8,111 | -8.4% |
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.