EE. BRANDS: 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.
EE. BRANDS
Largest movements
- Cash +€175,898
up €175,898 (+49.7%), from €353,732 to €529,630
mainly Net result for the year (+€685,197) and Other debts (+€72,340)
- Tangible fixed assets -€58,630
down €58,630 (-23.1%), from €253,602 to €194,972
of which Furniture and vehicles: -€33,922
- Other debts +€72,340
up €72,340 (+17.8%), from €407,298 to €479,638
- Tax, wage and social debts +€39,949
up €39,949 (+22.1%), from €180,786 to €220,734
of which Taxes: +€42,178
- Gross operating margin +€133,186
up €133,186 (+14.4%), from €926,881 to €1.1m
- Taxes +€34,833
up €34,833 (+18.0%), from €193,961 to €228,794
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 | €612,083 | €726,372 | +€114,289 | +18.7% |
| Fixed assets | 21/28 | €253,602 | €194,972 | -€58,630 | -23.1% |
| Tangible fixed assets | 22/27 | €253,602 | €194,972 | -€58,630 | -23.1% |
| Land and buildings | 22 | €115,454 | €86,778 | -€28,676 | -24.8% |
| Plant, machinery and equipment | 23 | €2,686 | €2,038 | -€648 | -24.1% |
| Furniture and vehicles | 24 | €135,461 | €101,540 | -€33,922 | -25.0% |
| Other tangible fixed assets | 26 | - | €4,615 | +€4,615 | |
| Current assets | 29/58 | €358,482 | €531,401 | +€172,919 | +48.2% |
| Amounts receivable within one year | 40/41 | €1,235 | €268 | -€966 | -78.3% |
| Other amounts receivable | 41 | €1,235 | €268 | -€966 | -78.3% |
| Cash at bank and in hand | 54/58 | €353,732 | €529,630 | +€175,898 | +49.7% |
| Deferred charges and accrued income | 490/1 | €3,515 | €1,503 | -€2,012 | -57.2% |
| Total equity and liabilities | 10/49 | €612,083 | €726,372 | +€114,289 | +18.7% |
| Equity | 10/15 | €24,000 | €26,000 | +€2,000 | +8.3% |
| Contributions | 10/11 | €18,000 | €20,000 | +€2,000 | +11.1% |
| Capital | 10 | €18,000 | €20,000 | +€2,000 | +11.1% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Uncalled capital | 101 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €588,083 | €700,372 | +€112,289 | +19.1% |
| Amounts payable within one year | 42/48 | €588,083 | €700,372 | +€112,289 | +19.1% |
| Taxes, remuneration and social security | 45 | €180,786 | €220,734 | +€39,949 | +22.1% |
| Taxes | 450/3 | €178,556 | €220,734 | +€42,178 | +23.6% |
| Remuneration and social security | 454/9 | €2,230 | - | -€2,230 | |
| Other amounts payable | 47/48 | €407,298 | €479,638 | +€72,340 | +17.8% |
| Remuneration, social security and pensions | 62 | €81,522 | €76,876 | -€4,646 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,101 | €59,260 | +€1,159 | +2.0% |
| Other operating charges | 640/8 | €11,406 | €9,901 | -€1,505 | -13.2% |
| Gross operating margin | 9900 | €926,881 | €1,060,067 | +€133,186 | +14.4% |
| Operating profit (loss) | 9901 | €775,852 | €914,030 | +€138,178 | +17.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €38 | €39 | +€2 | +4.0% |
| Recurring financial charges | 65 | €38 | €39 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €775,815 | €913,991 | +€138,177 | +17.8% |
| Income taxes | 67/77 | €193,961 | €228,794 | +€34,833 | +18.0% |
| Profit (loss) for the period | 9904 | €581,854 | €685,197 | +€103,344 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €581,854 | €685,197 | +€103,344 | +17.8% |
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 24 October 2026 via checked.be.