EBM DISTRIBUTIONS: 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.
EBM DISTRIBUTIONS
Largest movements
- Receivables within one year -€16,650
down €16,650 (-94.8%), from €17,572 to €922
- Tangible fixed assets +€7,856
up €7,856 (+9.5%), from €82,403 to €90,260
of which Furniture and vehicles: +€11,021
- Stocks and contracts -€5,000
down €5,000 (-13.3%), from €37,520 to €32,520
- Financial fixed assets +€3,444
up €3,444 (+102.0%), from €3,375 to €6,819
- Trade debts -€106,623
down €106,623 (-73.6%), from €144,922 to €38,299
- Other debts +€58,245
up €58,245 (+5824.5%), from €1,000 to €59,245
- Profit (loss) carried forward +€51,589
up €51,589 (+82.9%), from -€62,214 to -€10,625
- Tax, wage and social debts -€11,871
down €11,871 (-51.6%), from €22,998 to €11,127
of which Remuneration and social security: -€6,118
- Gross operating margin +€38,430
up €38,430 (+62.1%), from €61,851 to €100,281
- Staff costs -€18,533
down €18,533 (-30.0%), from €61,765 to €43,232
- Taxes -€13,791
down €13,791 (-99.8%), from €13,818 to €26
- Depreciation -€3,300
down €3,300 (-47.5%), from €6,944 to €3,644
- Other operating charges +€1,135
up €1,135 (+272.8%), from €416 to €1,551
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 | €146,653 | €137,256 | -€9,397 | -6.4% |
| Fixed assets | 21/28 | €85,778 | €97,079 | +€11,300 | +13.2% |
| Tangible fixed assets | 22/27 | €82,403 | €90,260 | +€7,856 | +9.5% |
| Land and buildings | 22 | €82,403 | €79,239 | -€3,164 | -3.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €11,021 | +€11,021 | |
| Financial fixed assets | 28 | €3,375 | €6,819 | +€3,444 | +102.0% |
| Current assets | 29/58 | €60,875 | €40,177 | -€20,698 | -34.0% |
| Stocks and contracts in progress | 3 | €37,520 | €32,520 | -€5,000 | -13.3% |
| Stocks | 30/36 | €37,520 | €32,520 | -€5,000 | -13.3% |
| Amounts receivable within one year | 40/41 | €17,572 | €922 | -€16,650 | -94.8% |
| Other amounts receivable | 41 | €17,572 | €922 | -€16,650 | -94.8% |
| Cash at bank and in hand | 54/58 | €5,783 | €6,736 | +€953 | +16.5% |
| Total equity and liabilities | 10/49 | €146,653 | €137,256 | -€9,397 | -6.4% |
| Equity | 10/15 | -€23,004 | €28,585 | +€51,589 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,214 | -€10,625 | +€51,589 | +82.9% |
| Amounts payable | 17/49 | €169,657 | €108,671 | -€60,987 | -35.9% |
| Amounts payable within one year | 42/48 | €169,657 | €108,671 | -€60,987 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €737 | - | -€737 | |
| Trade debts | 44 | €144,922 | €38,299 | -€106,623 | -73.6% |
| Suppliers | 440/4 | €144,922 | €38,299 | -€106,623 | -73.6% |
| Taxes, remuneration and social security | 45 | €22,998 | €11,127 | -€11,871 | -51.6% |
| Taxes | 450/3 | €16,232 | €10,479 | -€5,754 | -35.4% |
| Remuneration and social security | 454/9 | €6,766 | €648 | -€6,118 | -90.4% |
| Other amounts payable | 47/48 | €1,000 | €59,245 | +€58,245 | +5824.5% |
| Remuneration, social security and pensions | 62 | €61,765 | €43,232 | -€18,533 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,944 | €3,644 | -€3,300 | -47.5% |
| Other operating charges | 640/8 | €416 | €1,551 | +€1,135 | +272.8% |
| Gross operating margin | 9900 | €61,851 | €100,281 | +€38,430 | +62.1% |
| Operating profit (loss) | 9901 | -€7,274 | €51,855 | +€59,129 | |
| Financial charges | 65/66B | €258 | €240 | -€18 | -7.0% |
| Recurring financial charges | 65 | €258 | €240 | -€18 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,532 | €51,616 | +€59,147 | |
| Income taxes | 67/77 | €13,818 | €26 | -€13,791 | -99.8% |
| Profit (loss) for the period | 9904 | -€21,349 | €51,589 | +€72,938 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,349 | €51,589 | +€72,938 |
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 5 October 2026 via checked.be.