EE-85: 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.
EE-85
Largest movements
- Cash +€109,874
up €109,874 (+46.4%), from €236,863 to €346,737
mainly Net result for the year (+€142,509) and Depreciation (+€6,314)
- Receivables within one year +€8,523
up €8,523 (+59.5%), from €14,331 to €22,854
- Reserves +€140,000
up €140,000 (+57.7%), from €242,750 to €382,750
- Other debts -€12,000
no longer reported in 2025 (was €12,000)
- Trade debts -€9,309
down €9,309 (-80.6%), from €11,551 to €2,242
- Gross operating margin +€81,870
up €81,870 (+57.0%), from €143,666 to €225,536
- Taxes +€35,624
up €35,624 (+92.2%), from €38,621 to €74,245
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 | €309,221 | €430,144 | +€120,923 | +39.1% |
| Fixed assets | 21/28 | €27,446 | €29,922 | +€2,476 | +9.0% |
| Tangible fixed assets | 22/27 | €27,446 | €29,922 | +€2,476 | +9.0% |
| Furniture and vehicles | 24 | €18,666 | €12,352 | -€6,314 | -33.8% |
| Other tangible fixed assets | 26 | €8,780 | €17,570 | +€8,790 | +100.1% |
| Current assets | 29/58 | €281,775 | €400,222 | +€118,447 | +42.0% |
| Amounts receivable after more than one year | 29 | €27,000 | €27,000 | = | 0.0% |
| Other amounts receivable | 291 | €27,000 | €27,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,331 | €22,854 | +€8,523 | +59.5% |
| Other amounts receivable | 41 | €14,331 | €22,854 | +€8,523 | +59.5% |
| Cash at bank and in hand | 54/58 | €236,863 | €346,737 | +€109,874 | +46.4% |
| Deferred charges and accrued income | 490/1 | €3,581 | €3,630 | +€49 | +1.4% |
| Total equity and liabilities | 10/49 | €309,221 | €430,144 | +€120,923 | +39.1% |
| Equity | 10/15 | €246,236 | €388,744 | +€142,508 | +57.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €242,750 | €382,750 | +€140,000 | +57.7% |
| Distributable reserves | 133 | €242,750 | €382,750 | +€140,000 | +57.7% |
| Profit (loss) carried forward | 14 | €1,986 | €4,494 | +€2,508 | +126.3% |
| Amounts payable | 17/49 | €62,985 | €41,399 | -€21,586 | -34.3% |
| Amounts payable within one year | 42/48 | €62,985 | €41,399 | -€21,586 | -34.3% |
| Trade debts | 44 | €11,551 | €2,242 | -€9,309 | -80.6% |
| Suppliers | 440/4 | €11,551 | €2,242 | -€9,309 | -80.6% |
| Taxes, remuneration and social security | 45 | €39,434 | €39,158 | -€276 | -0.7% |
| Taxes | 450/3 | €39,434 | €39,158 | -€276 | -0.7% |
| Other amounts payable | 47/48 | €12,000 | - | -€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,023 | €6,314 | +€291 | +4.8% |
| Other operating charges | 640/8 | €126 | €656 | +€530 | +420.7% |
| Gross operating margin | 9900 | €143,666 | €225,536 | +€81,870 | +57.0% |
| Operating profit (loss) | 9901 | €137,517 | €218,566 | +€81,049 | +58.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,832 | €1,812 | -€20 | -1.1% |
| Recurring financial charges | 65 | €1,832 | €1,812 | -€20 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €135,686 | €216,754 | +€81,068 | +59.7% |
| Income taxes | 67/77 | €38,621 | €74,245 | +€35,624 | +92.2% |
| Profit (loss) for the period | 9904 | €97,065 | €142,509 | +€45,444 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,065 | €142,509 | +€45,444 | +46.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.