EBULLITION: 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.
EBULLITION
Largest movements
- Cash -€1,215
down €1,215 (-20.9%), from €5,828 to €4,612
mainly Net result for the year (-€1,824)
- Receivables within one year -€190
no longer reported in 2025 (was €190)
- Profit (loss) carried forward -€1,824
down €1,824 (-4.8%), from -€37,790 to -€39,614
- Trade debts +€379
up €379 (+9.4%), from €4,037 to €4,416
- Gross operating margin +€318
up €318 (+17.4%), from -€1,825 to -€1,507
- Financial charges -€153
down €153 (-32.6%), from €470 to €317
- Financial income -€55
no longer reported in 2025 (was €55)
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 | €6,017 | €4,612 | -€1,405 | -23.3% |
| Current assets | 29/58 | €6,017 | €4,612 | -€1,405 | -23.3% |
| Amounts receivable within one year | 40/41 | €190 | - | -€190 | |
| Other amounts receivable | 41 | €190 | - | -€190 | |
| Cash at bank and in hand | 54/58 | €5,828 | €4,612 | -€1,215 | -20.9% |
| Total equity and liabilities | 10/49 | €6,017 | €4,612 | -€1,405 | -23.3% |
| Equity | 10/15 | -€22,790 | -€24,614 | -€1,824 | -8.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,790 | -€39,614 | -€1,824 | -4.8% |
| Amounts payable | 17/49 | €28,807 | €29,226 | +€419 | +1.5% |
| Amounts payable after more than one year | 17 | €24,770 | €24,810 | +€40 | +0.2% |
| Other amounts payable | 178/9 | €24,770 | €24,810 | +€40 | +0.2% |
| Amounts payable within one year | 42/48 | €4,037 | €4,416 | +€379 | +9.4% |
| Trade debts | 44 | €4,037 | €4,416 | +€379 | +9.4% |
| Suppliers | 440/4 | €4,037 | €4,416 | +€379 | +9.4% |
| Gross operating margin | 9900 | -€1,825 | -€1,507 | +€318 | +17.4% |
| Operating profit (loss) | 9901 | -€1,825 | -€1,507 | +€318 | +17.4% |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €470 | €317 | -€153 | -32.6% |
| Recurring financial charges | 65 | €470 | €317 | -€153 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,240 | -€1,824 | +€416 | +18.6% |
| Profit (loss) for the period | 9904 | -€2,240 | -€1,824 | +€416 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,240 | -€1,824 | +€416 | +18.6% |
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 28 September 2026 via checked.be.