EBA: 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.
EBA
Largest movements
- Stocks and contracts -€60,660
down €60,660 (-100%), from €60,660 to €0
- Cash -€40,321
down €40,321 (-14.5%), from €279,038 to €238,717
mainly Net result for the year (-€75,750) and Trade debts (-€22,016)
- Tangible fixed assets -€11,119
down €11,119 (-31.7%), from €35,074 to €23,954
of which Land and buildings: -€18,158
- Receivables within one year +€5,417
up €5,417 (+11.4%), from €47,421 to €52,838
of which Other amounts receivable: +€8,297
- Reserves -€75,750
down €75,750 (-20.6%), from €367,242 to €291,492
- Trade debts -€22,016
down €22,016 (-74.7%), from €29,472 to €7,456
- Tax, wage and social debts -€6,038
down €6,038 (-86.4%), from €6,989 to €951
of which Remuneration and social security: -€5,294
- Other operating charges +€58,714
up €58,714 (+2,295%), from €2,558 to €61,272
- Gross operating margin -€48,626
down €48,626 (-67.2%), from €72,366 to €23,740
- Staff costs -€8,303
down €8,303 (-20.2%), from €41,169 to €32,866
- Taxes -€4,619
down €4,619 (-88.6%), from €5,216 to €597
- Depreciation -€4,382
down €4,382 (-50.1%), from €8,746 to €4,364
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 | €426,861 | €319,457 | -€107,404 | -25.2% |
| Fixed assets | 21/28 | €35,074 | €23,954 | -€11,119 | -31.7% |
| Tangible fixed assets | 22/27 | €35,074 | €23,954 | -€11,119 | -31.7% |
| Land and buildings | 22 | €28,822 | €10,664 | -€18,158 | -63.0% |
| Plant, machinery and equipment | 23 | €5,832 | €9,552 | +€3,720 | +63.8% |
| Furniture and vehicles | 24 | €420 | €3,738 | +€3,318 | +790% |
| Current assets | 29/58 | €391,787 | €295,502 | -€96,285 | -24.6% |
| Stocks and contracts in progress | 3 | €60,660 | €0 | -€60,660 | -100% |
| Stocks | 30/36 | €60,660 | €0 | -€60,660 | -100% |
| Amounts receivable within one year | 40/41 | €47,421 | €52,838 | +€5,417 | +11.4% |
| Trade receivables | 40 | €42,491 | €39,611 | -€2,881 | -6.8% |
| Other amounts receivable | 41 | €4,930 | €13,228 | +€8,297 | +168% |
| Cash at bank and in hand | 54/58 | €279,038 | €238,717 | -€40,321 | -14.5% |
| Deferred charges and accrued income | 490/1 | €4,668 | €3,947 | -€721 | -15.4% |
| Total equity and liabilities | 10/49 | €426,861 | €319,457 | -€107,404 | -25.2% |
| Equity | 10/15 | €385,834 | €310,084 | -€75,750 | -19.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €367,242 | €291,492 | -€75,750 | -20.6% |
| Distributable reserves | 133 | €367,242 | €291,492 | -€75,750 | -20.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,027 | €9,373 | -€31,654 | -77.2% |
| Amounts payable within one year | 42/48 | €41,027 | €9,373 | -€31,654 | -77.2% |
| Trade debts | 44 | €29,472 | €7,456 | -€22,016 | -74.7% |
| Suppliers | 440/4 | €29,472 | €7,456 | -€22,016 | -74.7% |
| Taxes, remuneration and social security | 45 | €6,989 | €951 | -€6,038 | -86.4% |
| Taxes | 450/3 | €1,695 | €951 | -€744 | -43.9% |
| Remuneration and social security | 454/9 | €5,294 | €0 | -€5,294 | -100% |
| Other amounts payable | 47/48 | €4,566 | €966 | -€3,600 | -78.8% |
| Remuneration, social security and pensions | 62 | €41,169 | €32,866 | -€8,303 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,746 | €4,364 | -€4,382 | -50.1% |
| Other operating charges | 640/8 | €2,558 | €61,272 | +€58,714 | +2,295% |
| Gross operating margin | 9900 | €72,366 | €23,740 | -€48,626 | -67.2% |
| Operating profit (loss) | 9901 | €19,893 | -€74,763 | -€94,655 | |
| Financial income | 75/76B | €1,407 | €1,470 | +€62 | +4.4% |
| Recurring financial income | 75 | €1,407 | €1,470 | +€62 | +4.4% |
| Financial charges | 65/66B | €2,522 | €1,861 | -€661 | -26.2% |
| Recurring financial charges | 65 | €2,522 | €1,861 | -€661 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €18,778 | -€75,153 | -€93,932 | |
| Income taxes | 67/77 | €5,216 | €597 | -€4,619 | -88.6% |
| Profit (loss) for the period | 9904 | €13,562 | -€75,750 | -€89,313 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,562 | -€75,750 | -€89,313 |
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 21 October 2026 via checked.be.