EBODICO: 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.
EBODICO
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Cash +€145,489
up €145,489 (+388%), from €37,487 to €182,977
mainly Current investments (+€250,000) and Depreciation (+€12,931)
- Receivables within one year +€47,638
up €47,638 (+29.7%), from €160,315 to €207,953
of which Trade receivables: +€104,798
- Tangible fixed assets -€12,931
down €12,931 (-43.1%), from €30,008 to €17,076
- Tax, wage and social debts -€56,543
down €56,543 (-42.1%), from €134,156 to €77,614
- Other debts -€7,961
no longer reported in 2025 (was €7,961)
- Gross operating margin -€214,960
down €214,960 (-94.2%), from €228,085 to €13,125
- Taxes -€72,057
down €72,057 (-95.3%), from €75,579 to €3,521
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 | €479,436 | €409,349 | -€70,087 | -14.6% |
| Fixed assets | 21/28 | €30,008 | €17,076 | -€12,931 | -43.1% |
| Tangible fixed assets | 22/27 | €30,008 | €17,076 | -€12,931 | -43.1% |
| Furniture and vehicles | 24 | €30,008 | €17,076 | -€12,931 | -43.1% |
| Current assets | 29/58 | €449,429 | €392,273 | -€57,156 | -12.7% |
| Stocks and contracts in progress | 3 | €342 | - | -€342 | |
| Stocks | 30/36 | €342 | - | -€342 | |
| Amounts receivable within one year | 40/41 | €160,315 | €207,953 | +€47,638 | +29.7% |
| Trade receivables | 40 | €96,918 | €201,716 | +€104,798 | +108% |
| Other amounts receivable | 41 | €63,397 | €6,237 | -€57,160 | -90.2% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €37,487 | €182,977 | +€145,489 | +388% |
| Deferred charges and accrued income | 490/1 | €1,285 | €1,343 | +€58 | +4.5% |
| Total equity and liabilities | 10/49 | €479,436 | €409,349 | -€70,087 | -14.6% |
| Equity | 10/15 | €269,976 | €266,314 | -€3,663 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €263,776 | €263,776 | = | 0.0% |
| Distributable reserves | 133 | €263,776 | €263,776 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,663 | -€3,663 | |
| Provisions and deferred taxes | 16 | €65,000 | €65,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €65,000 | €65,000 | = | 0.0% |
| Environmental obligations | 163 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable | 17/49 | €144,460 | €78,035 | -€66,425 | -46.0% |
| Amounts payable within one year | 42/48 | €144,460 | €78,035 | -€66,425 | -46.0% |
| Trade debts | 44 | €2,343 | €422 | -€1,921 | -82.0% |
| Suppliers | 440/4 | €2,343 | €422 | -€1,921 | -82.0% |
| Taxes, remuneration and social security | 45 | €134,156 | €77,614 | -€56,543 | -42.1% |
| Taxes | 450/3 | €134,156 | €77,614 | -€56,543 | -42.1% |
| Other amounts payable | 47/48 | €7,961 | - | -€7,961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,931 | €12,931 | = | 0.0% |
| Other operating charges | 640/8 | €2,834 | €2,994 | +€160 | +5.6% |
| Gross operating margin | 9900 | €228,085 | €13,125 | -€214,960 | -94.2% |
| Operating profit (loss) | 9901 | €212,319 | -€2,801 | -€215,120 | |
| Financial income | 75/76B | €1,960 | €3,171 | +€1,212 | +61.8% |
| Recurring financial income | 75 | €1,960 | €3,171 | +€1,212 | +61.8% |
| Financial charges | 65/66B | €89 | €512 | +€423 | +475% |
| Recurring financial charges | 65 | €89 | €512 | +€423 | +475% |
| Profit (loss) for the period before taxes | 9903 | €214,190 | -€141 | -€214,331 | |
| Income taxes | 67/77 | €75,579 | €3,521 | -€72,057 | -95.3% |
| Profit (loss) for the period | 9904 | €138,611 | -€3,663 | -€142,274 | |
| Profit (loss) for the period to be appropriated | 9905 | €138,611 | -€3,663 | -€142,274 |
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 22 October 2026 via checked.be.