EBURA: 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.
EBURA
Largest movements
- Cash +€24,923
up €24,923 (+415%), from €6,007 to €30,930
mainly Trade debts (+€19,081) and Receivables within one year (+€16,000)
- Receivables within one year -€16,000
down €16,000 (-25.4%), from €63,066 to €47,066
of which Trade receivables: -€23,542
- Current investments -€15,000
down €15,000 (-100%), from €15,000 to €0
- Deferred charges and accrued income +€10,777
new in 2025: €10,777
- Tangible fixed assets -€2,733
down €2,733 (-25.8%), from €10,593 to €7,860
of which Furniture and vehicles: -€2,733
- Profit (loss) carried forward -€19,245
new in 2025: -€19,245
- Trade debts +€19,081
up €19,081 (+227%), from €8,419 to €27,500
- Tax, wage and social debts +€2,924
up €2,924 (+25.5%), from €11,454 to €14,378
- Reserves -€1,630
down €1,630 (-2.6%), from €62,293 to €60,663
of which Non-distributable reserves: -€1,057
- Gross operating margin -€44,240
down €44,240, from €26,886 to -€17,354
- Taxes -€8,306
down €8,306 (-98.0%), from €8,479 to €173
- Depreciation +€305
up €305 (+12.6%), from €2,428 to €2,733
- Other operating charges -€285
down €285 (-71.3%), from €400 to €115
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 | €94,666 | €96,632 | +€1,966 | +2.1% |
| Fixed assets | 21/28 | €10,593 | €7,860 | -€2,733 | -25.8% |
| Tangible fixed assets | 22/27 | €10,593 | €7,860 | -€2,733 | -25.8% |
| Furniture and vehicles | 24 | €5,970 | €3,237 | -€2,733 | -45.8% |
| Other tangible fixed assets | 26 | €4,623 | €4,623 | = | 0.0% |
| Current assets | 29/58 | €84,073 | €88,772 | +€4,699 | +5.6% |
| Amounts receivable within one year | 40/41 | €63,066 | €47,066 | -€16,000 | -25.4% |
| Trade receivables | 40 | €35,090 | €11,548 | -€23,542 | -67.1% |
| Other amounts receivable | 41 | €27,976 | €35,518 | +€7,542 | +27.0% |
| Current investments | 50/53 | €15,000 | €0 | -€15,000 | -100% |
| Cash at bank and in hand | 54/58 | €6,007 | €30,930 | +€24,923 | +415% |
| Deferred charges and accrued income | 490/1 | - | €10,777 | +€10,777 | |
| Total equity and liabilities | 10/49 | €94,666 | €96,632 | +€1,966 | +2.1% |
| Equity | 10/15 | €74,793 | €53,918 | -€20,875 | -27.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €62,293 | €60,663 | -€1,630 | -2.6% |
| Non-distributable reserves | 130/1 | €1,057 | €0 | -€1,057 | -100% |
| Reserves not available under the articles | 1311 | €1,057 | €0 | -€1,057 | -100% |
| Distributable reserves | 133 | €61,236 | €60,663 | -€573 | -0.9% |
| Profit (loss) carried forward | 14 | - | -€19,245 | -€19,245 | |
| Amounts payable | 17/49 | €19,873 | €42,714 | +€22,841 | +115% |
| Amounts payable within one year | 42/48 | €19,873 | €42,714 | +€22,841 | +115% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €836 | +€836 | |
| Credit institutions | 430/8 | - | €836 | +€836 | |
| Trade debts | 44 | €8,419 | €27,500 | +€19,081 | +227% |
| Suppliers | 440/4 | €8,419 | €27,500 | +€19,081 | +227% |
| Taxes, remuneration and social security | 45 | €11,454 | €14,378 | +€2,924 | +25.5% |
| Taxes | 450/3 | €11,454 | €14,378 | +€2,924 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,428 | €2,733 | +€305 | +12.6% |
| Other operating charges | 640/8 | €400 | €115 | -€285 | -71.3% |
| Gross operating margin | 9900 | €26,886 | -€17,354 | -€44,240 | |
| Operating profit (loss) | 9901 | €24,058 | -€20,202 | -€44,260 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €717 | €500 | -€217 | -30.3% |
| Recurring financial charges | 65 | €717 | €500 | -€217 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €23,342 | -€20,702 | -€44,043 | |
| Income taxes | 67/77 | €8,479 | €173 | -€8,306 | -98.0% |
| Profit (loss) for the period | 9904 | €14,863 | -€20,875 | -€35,738 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,863 | -€20,875 | -€35,738 |
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 21 October 2026 via checked.be.