EB Finances: 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 Finances
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€163,118
2024 · -€83,021-€80,097
Equity
€9.9m
2024 · €10.0m-€163,118
Cash
€9,886
2024 · €0+€9,886
Balance sheet total
€13.5m
2024 · €12.5m+€1.0m
Largest movements
Assets
- Financial fixed assets +€1.1m
up €1.1m (+9.3%), from €12.0m to €13.1m
Equity and liabilities
- Other debts +€1.2m
up €1.2m (+51.6%), from €2.4m to €3.6m
- Reserves -€163,118
down €163,118 (-1.6%), from €10.0m to €9.9m
Income statement
- Financial income -€129,528
down €129,528 (-60.4%), from €214,528 to €85,000
of which Financial income: -€129,528
- Other operating charges -€41,136
down €41,136 (-93.9%), from €43,814 to €2,678
- Staff costs +€28,125
new in 2025: €28,125
- Financial charges -€22,786
down €22,786 (-13.8%), from €165,580 to €142,794
of which Financial charges: -€22,786
- Gross operating margin +€12,670
up €12,670 (+20.4%), from -€62,100 to -€49,430
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
-€83,021
Gross operating margin
+€12,670
Staff costs
-€28,125
Other operating charges
+€41,136
Financial income
-€129,528
Financial charges
+€22,786
Taxes
+€963
Result 2025
-€163,118
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
+€1.1m
Investment
-€1.1m
Financing
+€1,844
Cash 2024
€0
From operations (derived)
+€1.1m
Net result for the year
-€163,118
Depreciation
+€24,345
Receivables within one year
-€69,960
Deferred charges and accrued income
+€127,052
Trade debts
+€11,415
Tax, wage and social debts
-€51,528
Other debts
+€1.2m
Accrued charges and deferred income
+€38
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€1,844
Short-term financial debts
+€1,844
Cash 2025
€9,886
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,509,257 | €13,547,888 | +€1.0m | +8.3% |
| Fixed assets | 21/28 | €12,080,201 | €13,166,038 | +€1.1m | +9.0% |
| Tangible fixed assets | 22/27 | €103,159 | €78,814 | -€24,345 | -23.6% |
| Land and buildings | 22 | €32,760 | €30,760 | -€2,000 | -6.1% |
| Plant, machinery and equipment | 23 | €6,199 | €5,253 | -€945 | -15.2% |
| Furniture and vehicles | 24 | €64,200 | €42,800 | -€21,400 | -33.3% |
| Financial fixed assets | 28 | €11,977,042 | €13,087,225 | +€1.1m | +9.3% |
| Current assets | 29/58 | €429,056 | €381,849 | -€47,207 | -11.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €266,050 | €336,010 | +€69,960 | +26.3% |
| Trade receivables | 40 | €5,121 | €12,965 | +€7,844 | +153% |
| Other amounts receivable | 41 | €260,929 | €323,045 | +€62,115 | +23.8% |
| Cash at bank and in hand | 54/58 | €0 | €9,886 | +€9,886 | |
| Deferred charges and accrued income | 490/1 | €163,006 | €35,954 | -€127,052 | -77.9% |
| Total equity and liabilities | 10/49 | €12,509,257 | €13,547,888 | +€1.0m | +8.3% |
| Equity | 10/15 | €10,032,461 | €9,869,344 | -€163,118 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,013,861 | €9,850,744 | -€163,118 | -1.6% |
| Distributable reserves | 133 | €10,013,861 | €9,850,744 | -€163,118 | -1.6% |
| Amounts payable | 17/49 | €2,476,796 | €3,678,544 | +€1.2m | +48.5% |
| Amounts payable within one year | 42/48 | €2,474,868 | €3,676,578 | +€1.2m | +48.6% |
| Financial debts | 43 | €3,901 | €5,744 | +€1,844 | +47.3% |
| Credit institutions | 430/8 | €3,901 | €5,744 | +€1,844 | +47.3% |
| Trade debts | 44 | €951 | €12,366 | +€11,415 | +1,201% |
| Suppliers | 440/4 | €951 | €12,366 | +€11,415 | +1,201% |
| Taxes, remuneration and social security | 45 | €65,269 | €13,741 | -€51,528 | -78.9% |
| Taxes | 450/3 | €65,269 | €7,722 | -€57,547 | -88.2% |
| Remuneration and social security | 454/9 | - | €6,019 | +€6,019 | |
| Other amounts payable | 47/48 | €2,404,747 | €3,644,727 | +€1.2m | +51.6% |
| Accrued charges and deferred income | 492/3 | €1,928 | €1,966 | +€38 | +2.0% |
| Remuneration, social security and pensions | 62 | - | €28,125 | +€28,125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,345 | €24,345 | = | 0.0% |
| Other operating charges | 640/8 | €43,814 | €2,678 | -€41,136 | -93.9% |
| Gross operating margin | 9900 | -€62,100 | -€49,430 | +€12,670 | +20.4% |
| Operating profit (loss) | 9901 | -€130,260 | -€104,577 | +€25,682 | +19.7% |
| Financial income | 75/76B | €214,528 | €85,000 | -€129,528 | -60.4% |
| Recurring financial income | 75 | €214,528 | €85,000 | -€129,528 | -60.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €165,580 | €142,794 | -€22,786 | -13.8% |
| Recurring financial charges | 65 | €165,580 | €142,794 | -€22,786 | -13.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€81,312 | -€162,371 | -€81,060 | -99.7% |
| Income taxes | 67/77 | €1,709 | €747 | -€963 | -56.3% |
| Profit (loss) for the period | 9904 | -€83,021 | -€163,118 | -€80,097 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,021 | -€163,118 | -€80,097 | -96.5% |
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 16 October 2026 via checked.be.