EBT 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.
EBT GROUP
Largest movements
- Receivables within one year -€72,361
down €72,361 (-49.3%), from €146,755 to €74,394
of which Trade receivables: -€55,874
- Tangible fixed assets -€63,296
down €63,296 (-37.0%), from €170,861 to €107,566
of which Plant, machinery and equipment: -€48,969
- Cash -€20,645
down €20,645 (-33.7%), from €61,264 to €40,619
mainly Trade debts (-€97,756) and Debts after one year (-€50,463)
- Trade debts -€97,756
down €97,756 (-48.4%), from €202,136 to €104,380
- Debts after one year -€50,463
down €50,463 (-53.8%), from €93,818 to €43,355
- Profit (loss) carried forward -€15,728
down €15,728 (-28.6%), from -€54,906 to -€70,635
- Tax, wage and social debts +€14,780
up €14,780 (+173%), from €8,562 to €23,342
- Current portion of long-term debt -€10,114
down €10,114 (-16.5%), from €61,150 to €51,037
- Gross operating margin +€74,397
up €74,397 (+105%), from €70,563 to €144,960
- Staff costs +€34,944
up €34,944 (+68.4%), from €51,061 to €86,005
- Depreciation -€23,228
down €23,228 (-31.1%), from €74,745 to €51,517
- Write-downs -€6,398
no longer reported in 2025 (was €6,398)
- Other operating charges +€6,071
up €6,071 (+153%), from €3,976 to €10,046
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 | €389,259 | €229,979 | -€159,281 | -40.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €173,861 | €107,566 | -€66,296 | -38.1% |
| Tangible fixed assets | 22/27 | €170,861 | €107,566 | -€63,296 | -37.0% |
| Plant, machinery and equipment | 23 | €112,727 | €63,758 | -€48,969 | -43.4% |
| Furniture and vehicles | 24 | €10,938 | €10,202 | -€736 | -6.7% |
| Leasing and similar rights | 25 | €37,597 | €24,006 | -€13,591 | -36.1% |
| Other tangible fixed assets | 26 | €9,600 | €9,600 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €215,398 | €122,413 | -€92,985 | -43.2% |
| Amounts receivable within one year | 40/41 | €146,755 | €74,394 | -€72,361 | -49.3% |
| Trade receivables | 40 | €125,295 | €69,421 | -€55,874 | -44.6% |
| Other amounts receivable | 41 | €21,460 | €4,973 | -€16,487 | -76.8% |
| Cash at bank and in hand | 54/58 | €61,264 | €40,619 | -€20,645 | -33.7% |
| Deferred charges and accrued income | 490/1 | €7,379 | €7,400 | +€21 | +0.3% |
| Total equity and liabilities | 10/49 | €389,259 | €229,979 | -€159,281 | -40.9% |
| Equity | 10/15 | -€26,406 | -€42,135 | -€15,728 | -59.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,500 | €27,500 | = | 0.0% |
| Distributable reserves | 133 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,906 | -€70,635 | -€15,728 | -28.6% |
| Amounts payable | 17/49 | €415,666 | €272,113 | -€143,552 | -34.5% |
| Amounts payable after more than one year | 17 | €93,818 | €43,355 | -€50,463 | -53.8% |
| Financial debts | 170/4 | €93,818 | €43,355 | -€50,463 | -53.8% |
| Amounts payable within one year | 42/48 | €321,848 | €228,759 | -€93,089 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €61,150 | €51,037 | -€10,114 | -16.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €202,136 | €104,380 | -€97,756 | -48.4% |
| Suppliers | 440/4 | €202,136 | €104,380 | -€97,756 | -48.4% |
| Taxes, remuneration and social security | 45 | €8,562 | €23,342 | +€14,780 | +173% |
| Taxes | 450/3 | €8,562 | €23,342 | +€14,780 | +173% |
| Non-recurring operating income | 76A | - | €7,253 | +€7,253 | |
| Remuneration, social security and pensions | 62 | €51,061 | €86,005 | +€34,944 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,745 | €51,517 | -€23,228 | -31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,398 | - | -€6,398 | |
| Other operating charges | 640/8 | €3,976 | €10,046 | +€6,071 | +153% |
| Gross operating margin | 9900 | €70,563 | €144,960 | +€74,397 | +105% |
| Operating profit (loss) | 9901 | -€65,617 | -€2,609 | +€63,008 | +96.0% |
| Financial income | 75/76B | €1,791 | €752 | -€1,039 | -58.0% |
| Recurring financial income | 75 | €1,791 | €752 | -€1,039 | -58.0% |
| Financial charges | 65/66B | €17,754 | €13,389 | -€4,366 | -24.6% |
| Recurring financial charges | 65 | €17,754 | €13,389 | -€4,366 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€81,581 | -€15,246 | +€66,335 | +81.3% |
| Income taxes | 67/77 | €363 | €483 | +€120 | +33.1% |
| Profit (loss) for the period | 9904 | -€81,943 | -€15,728 | +€66,215 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,943 | -€15,728 | +€66,215 | +80.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.