EBECA: what changed
Two fiscal 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.
EBECA
Largest movements
- Cash +€14,839
up €14,839 (+56.1%), from €26,452 to €41,291
mainly Net result for the year (+€58,125) and Depreciation (+€37,671)
- Tangible fixed assets -€6,780
down €6,780 (-1.9%), from €358,180 to €351,400
of which Furniture and vehicles: -€3,546
- Other debts +€18,122
up €18,122 (+16.1%), from €112,448 to €130,570
- Current portion of long-term debt -€11,250
no longer reported in 2024 (was €11,250)
- Reserves -€6,087
down €6,087 (-2.3%), from €267,942 to €261,855
of which Distributable reserves: -€6,087
- Depreciation +€6,796
up €6,796 (+22.0%), from €30,875 to €37,671
- Financial charges +€2,389
up €2,389 (+45.5%), from €5,254 to €7,643
- Gross operating margin +€2,161
up €2,161 (+1.6%), from €135,979 to €138,140
- Taxes -€2,115
down €2,115 (-6.7%), from €31,419 to €29,304
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,137 | €428,900 | +€4,763 | +1.1% |
| Fixed assets | 21/28 | €358,180 | €351,400 | -€6,780 | -1.9% |
| Tangible fixed assets | 22/27 | €358,180 | €351,400 | -€6,780 | -1.9% |
| Land and buildings | 22 | €307,056 | €305,795 | -€1,261 | -0.4% |
| Plant, machinery and equipment | 23 | €3,514 | €1,541 | -€1,973 | -56.2% |
| Furniture and vehicles | 24 | €22,610 | €19,064 | -€3,546 | -15.7% |
| Other tangible fixed assets | 26 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €65,957 | €77,500 | +€11,544 | +17.5% |
| Amounts receivable within one year | 40/41 | €38,107 | €34,717 | -€3,390 | -8.9% |
| Trade receivables | 40 | €38,107 | €34,021 | -€4,086 | -10.7% |
| Other amounts receivable | 41 | - | €696 | +€696 | |
| Cash at bank and in hand | 54/58 | €26,452 | €41,291 | +€14,839 | +56.1% |
| Deferred charges and accrued income | 490/1 | €1,397 | €1,493 | +€95 | +6.8% |
| Total equity and liabilities | 10/49 | €424,137 | €428,900 | +€4,763 | +1.1% |
| Equity | 10/15 | €274,142 | €268,055 | -€6,087 | -2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €267,942 | €261,855 | -€6,087 | -2.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €266,083 | €259,996 | -€6,087 | -2.3% |
| Amounts payable | 17/49 | €149,995 | €160,845 | +€10,851 | +7.2% |
| Amounts payable within one year | 42/48 | €142,530 | €151,183 | +€8,653 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €11,250 | - | -€11,250 | |
| Trade debts | 44 | €5,075 | €5,840 | +€764 | +15.1% |
| Suppliers | 440/4 | €5,075 | €5,840 | +€764 | +15.1% |
| Taxes, remuneration and social security | 45 | €13,758 | €14,774 | +€1,016 | +7.4% |
| Taxes | 450/3 | €13,758 | €14,774 | +€1,016 | +7.4% |
| Other amounts payable | 47/48 | €112,448 | €130,570 | +€18,122 | +16.1% |
| Accrued charges and deferred income | 492/3 | €7,464 | €9,662 | +€2,198 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,875 | €37,671 | +€6,796 | +22.0% |
| Other operating charges | 640/8 | €5,217 | €5,397 | +€180 | +3.5% |
| Gross operating margin | 9900 | €135,979 | €138,140 | +€2,161 | +1.6% |
| Operating profit (loss) | 9901 | €99,887 | €95,072 | -€4,815 | -4.8% |
| Financial charges | 65/66B | €5,254 | €7,643 | +€2,389 | +45.5% |
| Recurring financial charges | 65 | €5,254 | €7,643 | +€2,389 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €94,633 | €87,429 | -€7,204 | -7.6% |
| Income taxes | 67/77 | €31,419 | €29,304 | -€2,115 | -6.7% |
| Profit (loss) for the period | 9904 | €63,214 | €58,125 | -€5,089 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,214 | €58,125 | -€5,089 | -8.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.