EBS-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.
EBS-GROUP
Largest movements
- Tangible fixed assets +€156,711
up €156,711 (+22.4%), from €700,327 to €857,038
of which Plant, machinery and equipment: +€181,591
- Cash +€52,665
up €52,665 (+96.4%), from €54,613 to €107,279
mainly Depreciation (+€274,825) and Net result for the year (+€269,638)
- Receivables within one year +€23,980
up €23,980 (+26.1%), from €91,951 to €115,931
of which Trade receivables: +€51,585
- Reserves +€207,997
up €207,997 (+33.3%), from €625,471 to €833,468
- Tax, wage and social debts +€94,937
up €94,937 (+570.1%), from €16,651 to €111,589
of which Taxes: +€93,405
- Debts after one year -€40,261
down €40,261 (-33.9%), from €118,883 to €78,622
- Current portion of long-term debt -€27,413
down €27,413 (-36.4%), from €75,217 to €47,805
- Gross operating margin +€158,157
up €158,157 (+25.6%), from €617,019 to €775,176
- Depreciation +€114,620
up €114,620 (+71.5%), from €160,205 to €274,825
- Taxes +€10,168
up €10,168 (+10.2%), from €99,884 to €110,052
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 | €858,252 | €1,097,199 | +€238,947 | +27.8% |
| Fixed assets | 21/28 | €700,327 | €857,038 | +€156,711 | +22.4% |
| Tangible fixed assets | 22/27 | €700,327 | €857,038 | +€156,711 | +22.4% |
| Land and buildings | 22 | €50,009 | - | -€50,009 | |
| Plant, machinery and equipment | 23 | €519,778 | €701,369 | +€181,591 | +34.9% |
| Furniture and vehicles | 24 | €130,540 | €90,033 | -€40,507 | -31.0% |
| Other tangible fixed assets | 26 | - | €65,636 | +€65,636 | |
| Current assets | 29/58 | €157,925 | €240,162 | +€82,236 | +52.1% |
| Amounts receivable within one year | 40/41 | €91,951 | €115,931 | +€23,980 | +26.1% |
| Trade receivables | 40 | €64,231 | €115,815 | +€51,585 | +80.3% |
| Other amounts receivable | 41 | €27,721 | €116 | -€27,605 | -99.6% |
| Cash at bank and in hand | 54/58 | €54,613 | €107,279 | +€52,665 | +96.4% |
| Deferred charges and accrued income | 490/1 | €11,361 | €16,952 | +€5,591 | +49.2% |
| Total equity and liabilities | 10/49 | €858,252 | €1,097,199 | +€238,947 | +27.8% |
| Equity | 10/15 | €645,471 | €853,468 | +€207,997 | +32.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €625,471 | €833,468 | +€207,997 | +33.3% |
| Distributable reserves | 133 | €625,471 | €833,468 | +€207,997 | +33.3% |
| Amounts payable | 17/49 | €212,782 | €243,732 | +€30,950 | +14.5% |
| Amounts payable after more than one year | 17 | €118,883 | €78,622 | -€40,261 | -33.9% |
| Financial debts | 170/4 | €118,883 | €78,622 | -€40,261 | -33.9% |
| Amounts payable within one year | 42/48 | €93,899 | €165,109 | +€71,211 | +75.8% |
| Current portion of amounts payable after more than one year | 42 | €75,217 | €47,805 | -€27,413 | -36.4% |
| Trade debts | 44 | €2,030 | €3,452 | +€1,422 | +70.1% |
| Suppliers | 440/4 | €2,030 | €3,452 | +€1,422 | +70.1% |
| Advances received on contracts in progress | 46 | - | €1,359 | +€1,359 | |
| Taxes, remuneration and social security | 45 | €16,651 | €111,589 | +€94,937 | +570.1% |
| Taxes | 450/3 | €10,172 | €103,577 | +€93,405 | +918.3% |
| Remuneration and social security | 454/9 | €6,480 | €8,012 | +€1,532 | +23.6% |
| Other amounts payable | 47/48 | - | €905 | +€905 | |
| Remuneration, social security and pensions | 62 | €97,984 | €104,255 | +€6,271 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,205 | €274,825 | +€114,620 | +71.5% |
| Other operating charges | 640/8 | €8,729 | €8,533 | -€196 | -2.2% |
| Gross operating margin | 9900 | €617,019 | €775,176 | +€158,157 | +25.6% |
| Operating profit (loss) | 9901 | €350,102 | €387,564 | +€37,462 | +10.7% |
| Financial income | 75/76B | €827 | €561 | -€267 | -32.2% |
| Recurring financial income | 75 | €827 | €561 | -€267 | -32.2% |
| Financial charges | 65/66B | €7,736 | €8,434 | +€698 | +9.0% |
| Recurring financial charges | 65 | €7,736 | €8,434 | +€698 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €343,194 | €379,690 | +€36,497 | +10.6% |
| Income taxes | 67/77 | €99,884 | €110,052 | +€10,168 | +10.2% |
| Profit (loss) for the period | 9904 | €243,310 | €269,638 | +€26,329 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €243,310 | €269,638 | +€26,329 | +10.8% |
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 11 October 2026 via checked.be.