EBTB: 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.
EBTB
Largest movements
- Cash -€252,942
down €252,942 (-80.8%), from €313,003 to €60,060
mainly Contributions, distributions and other (-€135,000) and Debts after one year (-€121,500)
- Debts after one year -€121,500
down €121,500 (-6.7%), from €1.8m to €1.7m
- Other debts -€118,050
down €118,050 (-20.4%), from €577,500 to €459,450
- Tax, wage and social debts -€36,463
down €36,463 (-38.7%), from €94,280 to €57,818
- Financial charges -€12,982
down €12,982 (-21.5%), from €60,365 to €47,383
- Gross operating margin +€11,190
up €11,190 (+4.4%), from €255,208 to €266,398
- Taxes +€8,637
up €8,637 (+18.3%), from €47,080 to €55,718
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 | €3,026,120 | €2,771,690 | -€254,429 | -8.4% |
| Fixed assets | 21/28 | €2,713,117 | €2,711,630 | -€1,487 | -0.1% |
| Tangible fixed assets | 22/27 | €2,713,117 | €2,711,630 | -€1,487 | -0.1% |
| Land and buildings | 22 | €2,713,117 | €2,711,630 | -€1,487 | -0.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €313,003 | €60,060 | -€252,942 | -80.8% |
| Cash at bank and in hand | 54/58 | €313,003 | €60,060 | -€252,942 | -80.8% |
| Total equity and liabilities | 10/49 | €3,026,120 | €2,771,690 | -€254,429 | -8.4% |
| Equity | 10/15 | €397,507 | €423,156 | +€25,649 | +6.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €395,507 | €421,156 | +€25,649 | +6.5% |
| Amounts payable | 17/49 | €2,628,613 | €2,348,535 | -€280,078 | -10.7% |
| Amounts payable after more than one year | 17 | €1,812,375 | €1,690,875 | -€121,500 | -6.7% |
| Financial debts | 170/4 | €1,812,375 | €1,690,875 | -€121,500 | -6.7% |
| Amounts payable within one year | 42/48 | €795,238 | €640,268 | -€154,970 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €121,500 | €121,500 | = | 0.0% |
| Trade debts | 44 | €1,957 | €1,500 | -€457 | -23.4% |
| Suppliers | 440/4 | €1,957 | €1,500 | -€457 | -23.4% |
| Taxes, remuneration and social security | 45 | €94,280 | €57,818 | -€36,463 | -38.7% |
| Taxes | 450/3 | €94,280 | €57,818 | -€36,463 | -38.7% |
| Other amounts payable | 47/48 | €577,500 | €459,450 | -€118,050 | -20.4% |
| Accrued charges and deferred income | 492/3 | €21,000 | €17,392 | -€3,608 | -17.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,487 | €1,487 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €1,162 | +€1,022 | +727.1% |
| Non-recurring operating charges | 66A | €674 | €0 | -€674 | -100.0% |
| Gross operating margin | 9900 | €255,208 | €266,398 | +€11,190 | +4.4% |
| Operating profit (loss) | 9901 | €252,906 | €263,749 | +€10,842 | +4.3% |
| Financial charges | 65/66B | €60,365 | €47,383 | -€12,982 | -21.5% |
| Recurring financial charges | 65 | €60,365 | €47,383 | -€12,982 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €192,541 | €216,366 | +€23,825 | +12.4% |
| Income taxes | 67/77 | €47,080 | €55,718 | +€8,637 | +18.3% |
| Profit (loss) for the period | 9904 | €145,461 | €160,649 | +€15,187 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €145,461 | €160,649 | +€15,187 | +10.4% |
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 29 September 2026 via checked.be.