EBACOR: 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.
EBACOR
Largest movements
- Cash -€186,824
down €186,824 (-70.5%), from €264,816 to €77,992
mainly Contributions, distributions and other (-€250,000) and Receivables after one year (-€178,860)
- Receivables after one year +€178,860
up €178,860 (+447%), from €40,000 to €218,860
- Current investments +€143,175
up €143,175 (+29.7%), from €481,857 to €625,032
- Financial fixed assets +€55,389
up €55,389 (+18.7%), from €296,440 to €351,829
- Debts after one year +€200,000
new in 2025: €200,000
- Financial income +€24,977
up €24,977 (+11.0%), from €227,301 to €252,279
of which Financial income: +€17,654
- Other operating charges +€6,316
up €6,316 (+1,250%), from €505 to €6,822
- Gross operating margin +€1,325
up €1,325 (+33.6%), from -€3,939 to -€2,614
- Financial charges +€368
up €368 (+12.8%), from €2,874 to €3,242
- Staff costs +€111
new in 2025: €111
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 | €1,096,452 | €1,285,705 | +€189,253 | +17.3% |
| Fixed assets | 21/28 | €296,440 | €351,829 | +€55,389 | +18.7% |
| Financial fixed assets | 28 | €296,440 | €351,829 | +€55,389 | +18.7% |
| Current assets | 29/58 | €800,012 | €933,876 | +€133,864 | +16.7% |
| Amounts receivable after more than one year | 29 | €40,000 | €218,860 | +€178,860 | +447% |
| Other amounts receivable | 291 | €40,000 | €218,860 | +€178,860 | +447% |
| Amounts receivable within one year | 40/41 | €12,506 | €7,159 | -€5,346 | -42.8% |
| Other amounts receivable | 41 | €12,506 | €7,159 | -€5,346 | -42.8% |
| Current investments | 50/53 | €481,857 | €625,032 | +€143,175 | +29.7% |
| Cash at bank and in hand | 54/58 | €264,816 | €77,992 | -€186,824 | -70.5% |
| Deferred charges and accrued income | 490/1 | €833 | €4,833 | +€4,000 | +480% |
| Total equity and liabilities | 10/49 | €1,096,452 | €1,285,705 | +€189,253 | +17.3% |
| Equity | 10/15 | €1,095,972 | €1,085,462 | -€10,510 | -1.0% |
| Contributions | 10/11 | €107,880 | €107,880 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €976,092 | €965,582 | -€10,510 | -1.1% |
| Amounts payable | 17/49 | €480 | €200,243 | +€199,764 | +41,630% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Financial debts | 170/4 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €480 | €243 | -€236 | -49.3% |
| Trade debts | 44 | €480 | €22 | -€458 | -95.4% |
| Suppliers | 440/4 | €480 | €22 | -€458 | -95.4% |
| Other amounts payable | 47/48 | - | €221 | +€221 | |
| Remuneration, social security and pensions | 62 | - | €111 | +€111 | |
| Other operating charges | 640/8 | €505 | €6,822 | +€6,316 | +1,250% |
| Gross operating margin | 9900 | -€3,939 | -€2,614 | +€1,325 | +33.6% |
| Operating profit (loss) | 9901 | -€4,445 | -€9,547 | -€5,102 | -115% |
| Financial income | 75/76B | €227,301 | €252,279 | +€24,977 | +11.0% |
| Recurring financial income | 75 | €226,776 | €244,430 | +€17,654 | +7.8% |
| Non-recurring financial income | 76B | €526 | €7,849 | +€7,323 | +1,393% |
| Financial charges | 65/66B | €2,874 | €3,242 | +€368 | +12.8% |
| Recurring financial charges | 65 | €2,874 | €3,242 | +€368 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €219,983 | €239,490 | +€19,507 | +8.9% |
| Profit (loss) for the period | 9904 | €219,983 | €239,490 | +€19,507 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €219,983 | €239,490 | +€19,507 | +8.9% |
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 18 October 2026 via checked.be.