EBISI: 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.
EBISI
Largest movements
- Cash +€49,868
up €49,868 (+102.3%), from €48,754 to €98,622
mainly Net result for the year (+€52,318) and Depreciation (+€17,406)
- Tangible fixed assets -€14,906
down €14,906 (-22.0%), from €67,644 to €52,738
of which Furniture and vehicles: -€13,225
- Receivables within one year +€2,306
up €2,306 (+8.8%), from €26,148 to €28,454
of which Trade receivables: +€2,301
- Reserves +€41,046
up €41,046 (+59.8%), from €68,584 to €109,630
of which Distributable reserves: +€41,046
- Debts after one year -€9,714
down €9,714 (-25.9%), from €37,553 to €27,839
- Tax, wage and social debts +€3,707
up €3,707 (+63.4%), from €5,847 to €9,554
- Other debts +€2,473
up €2,473 (+11.7%), from €21,120 to €23,592
- Gross operating margin +€32,726
up €32,726 (+56.5%), from €57,964 to €90,689
- Depreciation +€8,840
up €8,840 (+103.2%), from €8,565 to €17,406
- Taxes +€5,500
up €5,500 (+40.4%), from €13,600 to €19,100
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.
Cash bridge derived
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 | €153,915 | €191,264 | +€37,349 | +24.3% |
| Fixed assets | 21/28 | €67,644 | €52,738 | -€14,906 | -22.0% |
| Tangible fixed assets | 22/27 | €67,644 | €52,738 | -€14,906 | -22.0% |
| Land and buildings | 22 | €1,983 | €1,016 | -€967 | -48.8% |
| Plant, machinery and equipment | 23 | €6,411 | €5,696 | -€715 | -11.1% |
| Furniture and vehicles | 24 | €59,250 | €46,026 | -€13,225 | -22.3% |
| Current assets | 29/58 | €86,271 | €138,527 | +€52,256 | +60.6% |
| Amounts receivable within one year | 40/41 | €26,148 | €28,454 | +€2,306 | +8.8% |
| Trade receivables | 40 | €26,134 | €28,435 | +€2,301 | +8.8% |
| Other amounts receivable | 41 | €14 | €19 | +€5 | +35.3% |
| Current investments | 50/53 | €11,369 | €11,450 | +€81 | +0.7% |
| Cash at bank and in hand | 54/58 | €48,754 | €98,622 | +€49,868 | +102.3% |
| Total equity and liabilities | 10/49 | €153,915 | €191,264 | +€37,349 | +24.3% |
| Equity | 10/15 | €74,784 | €115,830 | +€41,046 | +54.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,584 | €109,630 | +€41,046 | +59.8% |
| Tax-exempt reserves | 132 | €1,047 | €1,047 | = | 0.0% |
| Distributable reserves | 133 | €67,537 | €108,583 | +€41,046 | +60.8% |
| Amounts payable | 17/49 | €79,131 | €75,435 | -€3,697 | -4.7% |
| Amounts payable after more than one year | 17 | €37,553 | €27,839 | -€9,714 | -25.9% |
| Financial debts | 170/4 | €37,553 | €27,839 | -€9,714 | -25.9% |
| Amounts payable within one year | 42/48 | €41,578 | €47,596 | +€6,018 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €10,159 | €9,714 | -€445 | -4.4% |
| Trade debts | 44 | €4,452 | €4,735 | +€283 | +6.3% |
| Suppliers | 440/4 | €4,452 | €4,735 | +€283 | +6.3% |
| Taxes, remuneration and social security | 45 | €5,847 | €9,554 | +€3,707 | +63.4% |
| Taxes | 450/3 | €5,847 | €9,554 | +€3,707 | +63.4% |
| Other amounts payable | 47/48 | €21,120 | €23,592 | +€2,473 | +11.7% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,565 | €17,406 | +€8,840 | +103.2% |
| Other operating charges | 640/8 | €293 | €303 | +€10 | +3.4% |
| Gross operating margin | 9900 | €57,964 | €90,689 | +€32,726 | +56.5% |
| Operating profit (loss) | 9901 | €49,105 | €72,981 | +€23,876 | +48.6% |
| Financial income | 75/76B | €218 | €201 | -€17 | -7.8% |
| Recurring financial income | 75 | €218 | €201 | -€17 | -7.8% |
| Financial charges | 65/66B | €2,245 | €1,764 | -€482 | -21.4% |
| Recurring financial charges | 65 | €2,245 | €1,764 | -€482 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €47,078 | €71,418 | +€24,340 | +51.7% |
| Income taxes | 67/77 | €13,600 | €19,100 | +€5,500 | +40.4% |
| Profit (loss) for the period | 9904 | €33,478 | €52,318 | +€18,840 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,478 | €52,318 | +€18,840 | +56.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.