Eburo: 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.
Eburo
Largest movements
- Tangible fixed assets -€9,022
down €9,022 (-6.5%), from €139,604 to €130,581
of which Land and buildings: -€4,600
- Cash -€6,226
down €6,226 (-99.9%), from €6,235 to €8
mainly Debts after one year (-€41,108) and Receivables within one year (-€1,895)
- Receivables within one year +€1,895
up €1,895 (+55.0%), from €3,449 to €5,344
of which Trade receivables: +€1,936
- Debts after one year -€41,108
down €41,108 (-32.1%), from €128,163 to €87,056
- Tax, wage and social debts +€13,255
up €13,255 (+242.2%), from €5,473 to €18,729
of which Taxes: +€9,755
- Profit (loss) carried forward +€10,517
up €10,517, from -€2,168 to €8,349
- Accrued charges and deferred income +€2,546
up €2,546 (+249.8%), from €1,019 to €3,565
- Gross operating margin +€24,103
up €24,103 (+414.9%), from €5,809 to €29,912
- Depreciation +€5,074
up €5,074 (+128.5%), from €3,948 to €9,022
- Taxes +€3,642
up €3,642 (+417.0%), from €873 to €4,515
- Financial charges +€3,108
up €3,108 (+263.4%), from €1,180 to €4,288
- Financial income -€749
down €749 (-100.0%), from €749 to €0
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 | €149,287 | €135,933 | -€13,354 | -8.9% |
| Fixed assets | 21/28 | €139,604 | €130,581 | -€9,022 | -6.5% |
| Tangible fixed assets | 22/27 | €139,604 | €130,581 | -€9,022 | -6.5% |
| Land and buildings | 22 | €128,945 | €124,345 | -€4,600 | -3.6% |
| Furniture and vehicles | 24 | €10,659 | €6,236 | -€4,423 | -41.5% |
| Current assets | 29/58 | €9,683 | €5,352 | -€4,331 | -44.7% |
| Amounts receivable within one year | 40/41 | €3,449 | €5,344 | +€1,895 | +55.0% |
| Trade receivables | 40 | €3,408 | €5,344 | +€1,936 | +56.8% |
| Other amounts receivable | 41 | €41 | - | -€41 | |
| Cash at bank and in hand | 54/58 | €6,235 | €8 | -€6,226 | -99.9% |
| Total equity and liabilities | 10/49 | €149,287 | €135,933 | -€13,354 | -8.9% |
| Equity | 10/15 | €1,832 | €12,349 | +€10,517 | +574.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,168 | €8,349 | +€10,517 | |
| Amounts payable | 17/49 | €147,455 | €123,584 | -€23,871 | -16.2% |
| Amounts payable after more than one year | 17 | €128,163 | €87,056 | -€41,108 | -32.1% |
| Financial debts | 170/4 | €128,163 | €87,056 | -€41,108 | -32.1% |
| Amounts payable within one year | 42/48 | €18,272 | €32,963 | +€14,691 | +80.4% |
| Current portion of amounts payable after more than one year | 42 | €9,252 | €9,779 | +€528 | +5.7% |
| Trade debts | 44 | €3,547 | €4,455 | +€908 | +25.6% |
| Suppliers | 440/4 | €3,547 | €4,455 | +€908 | +25.6% |
| Taxes, remuneration and social security | 45 | €5,473 | €18,729 | +€13,255 | +242.2% |
| Taxes | 450/3 | €5,473 | €15,229 | +€9,755 | +178.2% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Accrued charges and deferred income | 492/3 | €1,019 | €3,565 | +€2,546 | +249.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,948 | €9,022 | +€5,074 | +128.5% |
| Other operating charges | 640/8 | €1,818 | €1,570 | -€249 | -13.7% |
| Gross operating margin | 9900 | €5,809 | €29,912 | +€24,103 | +414.9% |
| Operating profit (loss) | 9901 | €43 | €19,320 | +€19,277 | +44997.4% |
| Financial income | 75/76B | €749 | €0 | -€749 | -100.0% |
| Recurring financial income | 75 | €749 | €0 | -€749 | -100.0% |
| Financial charges | 65/66B | €1,180 | €4,288 | +€3,108 | +263.4% |
| Recurring financial charges | 65 | €1,180 | €4,288 | +€3,108 | +263.4% |
| Profit (loss) for the period before taxes | 9903 | -€389 | €15,032 | +€15,421 | |
| Income taxes | 67/77 | €873 | €4,515 | +€3,642 | +417.0% |
| Profit (loss) for the period | 9904 | -€1,262 | €10,517 | +€11,779 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,262 | €10,517 | +€11,779 |
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.