EBN-TECH: 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.
What changed
EBN-TECH
NACE 42.220, Construction of utility projects for electricity and telecommunications
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €703,382+€1.5m
Equity
€2.9m
2024 · €2.7m+€215,048
Cash
€446,773
2024 · €251,388+€195,385
Balance sheet total
€11.4m
2024 · €7.8m+€3.6m
Largest movements
Assets
- Receivables within one year +€3.0m
up €3.0m (+63.6%), from €4.7m to €7.7m
of which Trade receivables: +€3.0m
- Tangible fixed assets +€209,888
up €209,888 (+12.3%), from €1.7m to €1.9m
of which Leasing and similar rights: +€531,730
- Cash +€195,385
up €195,385 (+77.7%), from €251,388 to €446,773
mainly Net result for the year (+€2.2m) and Trade debts (+€1.6m)
- Receivables after one year +€127,360
up €127,360 (+12.8%), from €995,742 to €1.1m
Equity and liabilities
- Trade debts +€1.6m
up €1.6m (+43.0%), from €3.8m to €5.4m
- Tax, wage and social debts +€694,014
up €694,014 (+171.0%), from €405,949 to €1.1m
of which Taxes: +€691,633
- Short-term financial debts +€620,833
up €620,833 (+88.7%), from €700,000 to €1.3m
- Debts after one year +€369,272
new in 2025: €369,272
- Reserves +€215,048
up €215,048 (+8.2%), from €2.6m to €2.9m
of which Distributable reserves: +€215,048
Income statement
- Turnover +€14.5m
up €14.5m (+54.8%), from €26.5m to €41.0m
- Goods and materials +€10.8m
up €10.8m (+72.1%), from €15.1m to €25.9m
- Staff costs +€1.0m
up €1.0m (+27.2%), from €3.8m to €4.8m
- Taxes +€1.0m
up €1.0m (+302.0%), from €336,370 to €1.4m
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.
Result 2024
€703,382
Turnover
+€14.5m
Other operating income
+€16,409
Goods and materials
-€10.8m
Services and other goods
+€155,231
Staff costs
-€1.0m
Depreciation
-€47,013
Other operating charges
+€787
Other operating items
-€207,401
Financial income
+€10,676
Financial charges
-€56,860
Taxes
-€1.0m
Result 2025
€2.2m
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.
From operations
+€1.9m
Investment
-€826,517
Financing
-€876,190
Cash 2024
€251,388
From operations (derived)
+€1.9m
Net result for the year
+€2.2m
Depreciation
+€595,629
Receivables after one year
-€127,360
Receivables within one year
-€3.0m
Deferred charges and accrued income
-€92,881
Trade debts
+€1.6m
Tax, wage and social debts
+€694,014
Advances received
-€206,925
Other debts
+€176,575
Investment (derived)
-€826,517
Investment in fixed assets (net)
-€826,517
Financing
-€876,190
Debts after one year
+€369,272
Current portion of long-term debt
+€133,705
Short-term financial debts
+€620,833
Contributions, distributions and other
-€2.0m
Cash 2025
€446,773
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,787,744 | €11,426,166 | +€3.6m | +46.7% |
| Fixed assets | 21/28 | €1,720,153 | €1,951,040 | +€230,888 | +13.4% |
| Tangible fixed assets | 22/27 | €1,708,600 | €1,918,487 | +€209,888 | +12.3% |
| Plant, machinery and equipment | 23 | €262,982 | €200,635 | -€62,347 | -23.7% |
| Furniture and vehicles | 24 | €639,428 | €463,263 | -€176,165 | -27.6% |
| Leasing and similar rights | 25 | €26,345 | €558,075 | +€531,730 | +2018.3% |
| Other tangible fixed assets | 26 | €779,844 | €696,514 | -€83,331 | -10.7% |
| Financial fixed assets | 28 | €11,553 | €32,553 | +€21,000 | +181.8% |
| Other financial fixed assets | 284/8 | €11,553 | €32,553 | +€21,000 | +181.8% |
| Amounts receivable and cash guarantees | 285/8 | €11,553 | €32,553 | +€21,000 | +181.8% |
| Current assets | 29/58 | €6,067,591 | €9,475,125 | +€3.4m | +56.2% |
| Amounts receivable after more than one year | 29 | €995,742 | €1,123,102 | +€127,360 | +12.8% |
| Trade receivables | 290 | €995,742 | €1,123,102 | +€127,360 | +12.8% |
| Amounts receivable within one year | 40/41 | €4,701,269 | €7,693,178 | +€3.0m | +63.6% |
| Trade receivables | 40 | €4,119,757 | €7,147,699 | +€3.0m | +73.5% |
| Other amounts receivable | 41 | €581,512 | €545,479 | -€36,033 | -6.2% |
| Cash at bank and in hand | 54/58 | €251,388 | €446,773 | +€195,385 | +77.7% |
| Deferred charges and accrued income | 490/1 | €119,192 | €212,073 | +€92,881 | +77.9% |
| Total equity and liabilities | 10/49 | €7,787,744 | €11,426,166 | +€3.6m | +46.7% |
| Equity | 10/15 | €2,662,143 | €2,877,191 | +€215,048 | +8.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,637,143 | €2,852,191 | +€215,048 | +8.2% |
| Tax-exempt reserves | 132 | €62,634 | €62,634 | = | 0.0% |
| Distributable reserves | 133 | €2,574,509 | €2,789,557 | +€215,048 | +8.4% |
| Amounts payable | 17/49 | €5,125,601 | €8,548,975 | +€3.4m | +66.8% |
| Amounts payable after more than one year | 17 | - | €369,272 | +€369,272 | |
| Financial debts | 170/4 | - | €369,272 | +€369,272 | |
| Leasing and similar obligations | 172 | - | €369,272 | +€369,272 | |
| Amounts payable within one year | 42/48 | €5,125,601 | €8,179,703 | +€3.1m | +59.6% |
| Current portion of amounts payable after more than one year | 42 | €8,059 | €141,764 | +€133,705 | +1659.2% |
| Financial debts | 43 | €700,000 | €1,320,833 | +€620,833 | +88.7% |
| Credit institutions | 430/8 | €700,000 | €1,320,833 | +€620,833 | +88.7% |
| Trade debts | 44 | €3,804,669 | €5,440,567 | +€1.6m | +43.0% |
| Suppliers | 440/4 | €3,804,669 | €5,440,567 | +€1.6m | +43.0% |
| Advances received on contracts in progress | 46 | €206,925 | - | -€206,925 | |
| Taxes, remuneration and social security | 45 | €405,949 | €1,099,963 | +€694,014 | +171.0% |
| Taxes | 450/3 | €123,867 | €815,500 | +€691,633 | +558.4% |
| Remuneration and social security | 454/9 | €282,082 | €284,463 | +€2,381 | +0.8% |
| Other amounts payable | 47/48 | - | €176,575 | +€176,575 | |
| Operating income | 70/76A | €26,527,294 | €41,111,169 | +€14.6m | +55.0% |
| Turnover | 70 | €26,507,103 | €41,035,616 | +€14.5m | +54.8% |
| Other operating income | 74 | €20,191 | €36,601 | +€16,409 | +81.3% |
| Non-recurring operating income | 76A | - | €38,952 | +€38,952 | |
| Operating charges | 60/66A | €25,516,972 | €37,527,223 | +€12.0m | +47.1% |
| Goods for resale, raw materials and consumables | 60 | €15,054,385 | €25,901,282 | +€10.8m | +72.1% |
| Purchases | 600/8 | €15,054,385 | €25,901,282 | +€10.8m | +72.1% |
| Services and other goods | 61 | €6,117,595 | €5,962,364 | -€155,231 | -2.5% |
| Remuneration, social security and pensions | 62 | €3,772,543 | €4,798,549 | +€1.0m | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €548,616 | €595,629 | +€47,013 | +8.6% |
| Other operating charges | 640/8 | €23,834 | €23,046 | -€787 | -3.3% |
| Non-recurring operating charges | 66A | - | €246,352 | +€246,352 | |
| Operating profit (loss) | 9901 | €1,010,322 | €3,583,945 | +€2.6m | +254.7% |
| Financial income | 75/76B | €74,607 | €85,283 | +€10,676 | +14.3% |
| Recurring financial income | 75 | €74,607 | €85,283 | +€10,676 | +14.3% |
| Income from current assets | 751 | €68,344 | €78,951 | +€10,608 | +15.5% |
| Other financial income | 752/9 | €6,264 | €6,332 | +€68 | +1.1% |
| Financial charges | 65/66B | €45,177 | €102,037 | +€56,860 | +125.9% |
| Recurring financial charges | 65 | €45,177 | €102,037 | +€56,860 | +125.9% |
| Debt charges | 650 | €39,255 | €95,218 | +€55,963 | +142.6% |
| Other financial charges | 652/9 | €5,922 | €6,819 | +€897 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,039,752 | €3,567,191 | +€2.5m | +243.1% |
| Income taxes | 67/77 | €336,370 | €1,352,143 | +€1.0m | +302.0% |
| Taxes | 670/3 | €336,370 | €1,352,143 | +€1.0m | +302.0% |
| Profit (loss) for the period | 9904 | €703,382 | €2,215,048 | +€1.5m | +214.9% |
| Profit (loss) for the period to be appropriated | 9905 | €703,382 | €2,215,048 | +€1.5m | +214.9% |
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.