Ebosch: 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.
Ebosch
Largest movements
- Tangible fixed assets +€44,695
up €44,695 (+12.0%), from €372,379 to €417,074
of which Furniture and vehicles: +€50,159
- Cash +€6,033
up €6,033 (+8.5%), from €70,977 to €77,010
mainly Net result for the year (+€53,711) and Depreciation (+€19,665)
- Reserves +€31,605
up €31,605 (+13.8%), from €229,121 to €260,725
of which Distributable reserves: +€31,605
- Debts after one year +€16,251
up €16,251 (+8.8%), from €184,211 to €200,462
- Current portion of long-term debt +€9,205
up €9,205 (+71.0%), from €12,963 to €22,168
- Gross operating margin -€6,797
down €6,797 (-5.7%), from €118,222 to €111,425
- Taxes -€5,045
down €5,045 (-16.5%), from €30,664 to €25,618
- Depreciation +€3,897
up €3,897 (+24.7%), from €15,768 to €19,665
- Other operating charges +€3,024
up €3,024 (+91.5%), from €3,306 to €6,329
- Financial income -€2,941
down €2,941 (-83.8%), from €3,510 to €570
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 | €443,356 | €496,137 | +€52,781 | +11.9% |
| Fixed assets | 21/28 | €372,379 | €417,074 | +€44,695 | +12.0% |
| Tangible fixed assets | 22/27 | €372,379 | €417,074 | +€44,695 | +12.0% |
| Land and buildings | 22 | €353,823 | €351,819 | -€2,004 | -0.6% |
| Plant, machinery and equipment | 23 | €7,471 | €4,011 | -€3,460 | -46.3% |
| Furniture and vehicles | 24 | €11,086 | €61,244 | +€50,159 | +452.5% |
| Current assets | 29/58 | €70,977 | €79,063 | +€8,086 | +11.4% |
| Amounts receivable within one year | 40/41 | €0 | €2,053 | +€2,053 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €2,053 | +€2,053 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €70,977 | €77,010 | +€6,033 | +8.5% |
| Total equity and liabilities | 10/49 | €443,356 | €496,137 | +€52,781 | +11.9% |
| Equity | 10/15 | €235,321 | €266,925 | +€31,605 | +13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €229,121 | €260,725 | +€31,605 | +13.8% |
| Tax-exempt reserves | 132 | €23,482 | €23,482 | = | 0.0% |
| Distributable reserves | 133 | €205,639 | €237,243 | +€31,605 | +15.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €208,035 | €229,211 | +€21,176 | +10.2% |
| Amounts payable after more than one year | 17 | €184,211 | €200,462 | +€16,251 | +8.8% |
| Financial debts | 170/4 | €184,211 | €200,462 | +€16,251 | +8.8% |
| Amounts payable within one year | 42/48 | €23,824 | €28,749 | +€4,925 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €12,963 | €22,168 | +€9,205 | +71.0% |
| Trade debts | 44 | €8 | €0 | -€8 | -100.0% |
| Suppliers | 440/4 | €8 | €0 | -€8 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,809 | €148 | -€3,661 | -96.1% |
| Taxes | 450/3 | €3,809 | €148 | -€3,661 | -96.1% |
| Other amounts payable | 47/48 | €7,043 | €6,432 | -€611 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,768 | €19,665 | +€3,897 | +24.7% |
| Other operating charges | 640/8 | €3,306 | €6,329 | +€3,024 | +91.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €118,222 | €111,425 | -€6,797 | -5.7% |
| Operating profit (loss) | 9901 | €99,148 | €85,431 | -€13,717 | -13.8% |
| Financial income | 75/76B | €3,510 | €570 | -€2,941 | -83.8% |
| Recurring financial income | 75 | €3,510 | €570 | -€2,941 | -83.8% |
| Financial charges | 65/66B | €7,197 | €6,671 | -€526 | -7.3% |
| Recurring financial charges | 65 | €7,197 | €6,671 | -€526 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €95,461 | €79,329 | -€16,132 | -16.9% |
| Income taxes | 67/77 | €30,664 | €25,618 | -€5,045 | -16.5% |
| Profit (loss) for the period | 9904 | €64,798 | €53,711 | -€11,087 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,798 | €53,711 | -€11,087 | -17.1% |
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 30 September 2026 via checked.be.