Eddie Floge: 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.
Eddie Floge
Largest movements
- Tangible fixed assets -€43,492
down €43,492 (-5.7%), from €766,769 to €723,278
of which Land and buildings: -€39,492
- Stocks and contracts -€27,025
down €27,025 (-10.7%), from €251,664 to €224,639
- Debts after one year -€110,825
down €110,825 (-11.5%), from €965,395 to €854,570
- Profit (loss) carried forward +€41,152
up €41,152 (+31.1%), from -€132,330 to -€91,178
- Gross operating margin -€21,853
down €21,853 (-15.2%), from €143,868 to €122,015
- Financial charges -€21,049
down €21,049 (-37.5%), from €56,204 to €35,155
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 | €1,031,709 | €966,575 | -€65,134 | -6.3% |
| Fixed assets | 21/28 | €766,769 | €723,278 | -€43,492 | -5.7% |
| Tangible fixed assets | 22/27 | €766,769 | €723,278 | -€43,492 | -5.7% |
| Land and buildings | 22 | €756,436 | €716,944 | -€39,492 | -5.2% |
| Furniture and vehicles | 24 | €10,333 | €6,333 | -€4,000 | -38.7% |
| Current assets | 29/58 | €264,940 | €243,297 | -€21,643 | -8.2% |
| Stocks and contracts in progress | 3 | €251,664 | €224,639 | -€27,025 | -10.7% |
| Stocks | 30/36 | €251,664 | €224,639 | -€27,025 | -10.7% |
| Amounts receivable within one year | 40/41 | €220 | €5,232 | +€5,012 | +2,280% |
| Trade receivables | 40 | €220 | €5,232 | +€5,012 | +2,280% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,214 | €12,543 | +€329 | +2.7% |
| Deferred charges and accrued income | 490/1 | €842 | €883 | +€41 | +4.9% |
| Total equity and liabilities | 10/49 | €1,031,709 | €966,575 | -€65,134 | -6.3% |
| Equity | 10/15 | -€112,330 | -€71,178 | +€41,152 | +36.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,330 | -€91,178 | +€41,152 | +31.1% |
| Amounts payable | 17/49 | €1,144,039 | €1,037,752 | -€106,287 | -9.3% |
| Amounts payable after more than one year | 17 | €965,395 | €854,570 | -€110,825 | -11.5% |
| Financial debts | 170/4 | €965,395 | €854,570 | -€110,825 | -11.5% |
| Amounts payable within one year | 42/48 | €173,032 | €180,667 | +€7,634 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €18,797 | €19,341 | +€545 | +2.9% |
| Trade debts | 44 | €126 | €653 | +€527 | +418% |
| Suppliers | 440/4 | €126 | €653 | +€527 | +418% |
| Taxes, remuneration and social security | 45 | €603 | €1,600 | +€997 | +165% |
| Taxes | 450/3 | €603 | €1,600 | +€997 | +165% |
| Other amounts payable | 47/48 | €153,507 | €159,073 | +€5,566 | +3.6% |
| Accrued charges and deferred income | 492/3 | €5,612 | €2,516 | -€3,096 | -55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,089 | €43,492 | +€403 | +0.9% |
| Other operating charges | 640/8 | €2,240 | €2,309 | +€69 | +3.1% |
| Gross operating margin | 9900 | €143,868 | €122,015 | -€21,853 | -15.2% |
| Operating profit (loss) | 9901 | €98,539 | €76,215 | -€22,325 | -22.7% |
| Financial income | 75/76B | €198 | €93 | -€105 | -52.9% |
| Recurring financial income | 75 | €198 | €93 | -€105 | -52.9% |
| Financial charges | 65/66B | €56,204 | €35,155 | -€21,049 | -37.5% |
| Recurring financial charges | 65 | €56,204 | €35,155 | -€21,049 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €42,533 | €41,152 | -€1,380 | -3.2% |
| Profit (loss) for the period | 9904 | €42,533 | €41,152 | -€1,380 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,533 | €41,152 | -€1,380 | -3.2% |
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 14 October 2026 via checked.be.