EBO GROUP: what changed
Two financial 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.
EBO GROUP
Largest movements
- Cash -€100,614
down €100,614 (-53.7%), from €187,339 to €86,725
mainly Contributions, distributions and other (-€317,762) and Receivables within one year (-€22,844)
- Receivables within one year +€22,844
up €22,844 (+125%), from €18,236 to €41,080
- Tangible fixed assets -€15,475
down €15,475 (-34.4%), from €44,944 to €29,469
of which Furniture and vehicles: -€16,268
- Deferred charges and accrued income +€2,776
new in 2025: €2,776
- Reserves -€208,699
no longer reported in 2025 (was €208,699)
- Other debts +€106,852
up €106,852 (+1,993%), from €5,362 to €112,213
- Tax, wage and social debts +€9,931
up €9,931 (+28.8%), from €34,458 to €44,388
- Trade debts +€3,448
new in 2025: €3,448
- Gross operating margin +€31,104
up €31,104 (+24.7%), from €125,760 to €156,864
- Depreciation +€12,123
up €12,123 (+275%), from €4,406 to €16,529
- Taxes +€5,732
up €5,732 (+23.0%), from €24,907 to €30,639
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.
Derived cash bridge
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 | €250,519 | €162,049 | -€88,469 | -35.3% |
| Fixed assets | 21/28 | €44,944 | €31,469 | -€13,475 | -30.0% |
| Tangible fixed assets | 22/27 | €44,944 | €29,469 | -€15,475 | -34.4% |
| Plant, machinery and equipment | 23 | - | €793 | +€793 | |
| Furniture and vehicles | 24 | €44,944 | €28,676 | -€16,268 | -36.2% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €205,575 | €130,581 | -€74,994 | -36.5% |
| Amounts receivable within one year | 40/41 | €18,236 | €41,080 | +€22,844 | +125% |
| Trade receivables | 40 | €18,236 | €41,080 | +€22,844 | +125% |
| Cash at bank and in hand | 54/58 | €187,339 | €86,725 | -€100,614 | -53.7% |
| Deferred charges and accrued income | 490/1 | - | €2,776 | +€2,776 | |
| Total equity and liabilities | 10/49 | €250,519 | €162,049 | -€88,469 | -35.3% |
| Equity | 10/15 | €210,699 | €2,000 | -€208,699 | -99.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €208,699 | - | -€208,699 | |
| Distributable reserves | 133 | €208,699 | - | -€208,699 | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €39,820 | €160,049 | +€120,230 | +302% |
| Amounts payable within one year | 42/48 | €39,820 | €160,049 | +€120,230 | +302% |
| Trade debts | 44 | - | €3,448 | +€3,448 | |
| Suppliers | 440/4 | - | €3,448 | +€3,448 | |
| Taxes, remuneration and social security | 45 | €34,458 | €44,388 | +€9,931 | +28.8% |
| Taxes | 450/3 | €34,458 | €44,388 | +€9,931 | +28.8% |
| Other amounts payable | 47/48 | €5,362 | €112,213 | +€106,852 | +1,993% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,406 | €16,529 | +€12,123 | +275% |
| Other operating charges | 640/8 | €1,626 | €588 | -€1,038 | -63.8% |
| Non-recurring operating charges | 66A | €9,746 | - | -€9,746 | |
| Gross operating margin | 9900 | €125,760 | €156,864 | +€31,104 | +24.7% |
| Operating profit (loss) | 9901 | €109,982 | €139,747 | +€29,765 | +27.1% |
| Financial charges | 65/66B | €162 | €45 | -€117 | -72.1% |
| Recurring financial charges | 65 | €162 | €45 | -€117 | -72.1% |
| Profit (loss) for the period before taxes | 9903 | €109,820 | €139,702 | +€29,882 | +27.2% |
| Income taxes | 67/77 | €24,907 | €30,639 | +€5,732 | +23.0% |
| Profit (loss) for the period | 9904 | €84,914 | €109,063 | +€24,149 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €84,914 | €109,063 | +€24,149 | +28.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.