EBNUC: 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.
EBNUC
Largest movements
- Cash +€180,546
up €180,546 (+190.4%), from €94,809 to €275,356
mainly Net result for the year (+€180,425) and Tax, wage and social debts (+€9,550)
- Receivables within one year +€17,220
up €17,220 (+30.3%), from €56,882 to €74,101
- Tangible fixed assets -€7,228
down €7,228 (-20.8%), from €34,780 to €27,551
of which Furniture and vehicles: -€7,175
- Profit (loss) carried forward +€180,425
up €180,425 (+82.0%), from €220,071 to €400,496
- Tax, wage and social debts +€9,550
up €9,550 (+61.2%), from €15,593 to €25,143
- Gross operating margin +€36,784
up €36,784 (+18.0%), from €204,276 to €241,059
- Taxes +€9,075
up €9,075 (+20.0%), from €45,449 to €54,524
- Depreciation +€2,643
up €2,643 (+46.0%), from €5,745 to €8,388
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 | €238,820 | €428,754 | +€189,933 | +79.5% |
| Fixed assets | 21/28 | €34,780 | €27,551 | -€7,228 | -20.8% |
| Tangible fixed assets | 22/27 | €34,780 | €27,551 | -€7,228 | -20.8% |
| Furniture and vehicles | 24 | €34,287 | €27,112 | -€7,175 | -20.9% |
| Other tangible fixed assets | 26 | €493 | €440 | -€54 | -10.9% |
| Current assets | 29/58 | €204,041 | €401,202 | +€197,162 | +96.6% |
| Amounts receivable within one year | 40/41 | €56,882 | €74,101 | +€17,220 | +30.3% |
| Trade receivables | 40 | €56,882 | €74,101 | +€17,220 | +30.3% |
| Current investments | 50/53 | €50,675 | €50,000 | -€675 | -1.3% |
| Cash at bank and in hand | 54/58 | €94,809 | €275,356 | +€180,546 | +190.4% |
| Deferred charges and accrued income | 490/1 | €1,675 | €1,746 | +€71 | +4.2% |
| Total equity and liabilities | 10/49 | €238,820 | €428,754 | +€189,933 | +79.5% |
| Equity | 10/15 | €222,071 | €402,496 | +€180,425 | +81.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,071 | €400,496 | +€180,425 | +82.0% |
| Amounts payable | 17/49 | €16,750 | €26,258 | +€9,509 | +56.8% |
| Amounts payable within one year | 42/48 | €16,671 | €26,151 | +€9,479 | +56.9% |
| Trade debts | 44 | €188 | €805 | +€617 | +327.9% |
| Suppliers | 440/4 | €188 | €805 | +€617 | +327.9% |
| Taxes, remuneration and social security | 45 | €15,593 | €25,143 | +€9,550 | +61.2% |
| Taxes | 450/3 | €15,593 | €25,143 | +€9,550 | +61.2% |
| Other amounts payable | 47/48 | €890 | €203 | -€687 | -77.2% |
| Accrued charges and deferred income | 492/3 | €78 | €108 | +€29 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,745 | €8,388 | +€2,643 | +46.0% |
| Other operating charges | 640/8 | €119 | €116 | -€3 | -2.9% |
| Gross operating margin | 9900 | €204,276 | €241,059 | +€36,784 | +18.0% |
| Operating profit (loss) | 9901 | €198,411 | €232,555 | +€34,144 | +17.2% |
| Financial income | 75/76B | €971 | €2,511 | +€1,540 | +158.5% |
| Recurring financial income | 75 | €971 | €2,511 | +€1,540 | +158.5% |
| Financial charges | 65/66B | €540 | €117 | -€423 | -78.3% |
| Recurring financial charges | 65 | €540 | €117 | -€423 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €198,842 | €234,949 | +€36,107 | +18.2% |
| Income taxes | 67/77 | €45,449 | €54,524 | +€9,075 | +20.0% |
| Profit (loss) for the period | 9904 | €153,392 | €180,425 | +€27,032 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €153,392 | €180,425 | +€27,032 | +17.6% |
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 8 October 2026 via checked.be.