EE-CON: 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-CON
Largest movements
- Cash -€49,949
down €49,949 (-62.5%), from €79,961 to €30,012
mainly Current investments (-€39,909) and Investment in fixed assets (net) (-€33,095)
- Current investments +€39,909
new in 2025: €39,909
- Tangible fixed assets +€16,895
up €16,895 (+34.0%), from €49,744 to €66,639
of which Furniture and vehicles: +€15,765
- Receivables within one year +€14,877
up €14,877 (+83.6%), from €17,801 to €32,678
of which Other amounts receivable: +€12,242
- Reserves +€19,524
up €19,524 (+31.5%), from €61,897 to €81,421
- Tax, wage and social debts +€2,312
up €2,312 (+30.6%), from €7,551 to €9,862
- Gross operating margin +€14,286
up €14,286 (+45.8%), from €31,165 to €45,451
- Depreciation +€4,297
up €4,297 (+36.1%), from €11,904 to €16,200
- Other operating charges +€2,081
up €2,081 (+125%), from €1,671 to €3,752
- Taxes +€1,429
up €1,429 (+26.4%), from €5,414 to €6,843
- Financial income +€868
up €868 (+806%), from €108 to €976
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 | €149,855 | €171,660 | +€21,804 | +14.6% |
| Fixed assets | 21/28 | €49,744 | €66,639 | +€16,895 | +34.0% |
| Tangible fixed assets | 22/27 | €49,744 | €66,639 | +€16,895 | +34.0% |
| Land and buildings | 22 | €23,394 | €24,833 | +€1,439 | +6.2% |
| Plant, machinery and equipment | 23 | €309 | - | -€309 | |
| Furniture and vehicles | 24 | €26,041 | €41,806 | +€15,765 | +60.5% |
| Current assets | 29/58 | €100,112 | €105,021 | +€4,909 | +4.9% |
| Amounts receivable within one year | 40/41 | €17,801 | €32,678 | +€14,877 | +83.6% |
| Trade receivables | 40 | €14,958 | €17,593 | +€2,635 | +17.6% |
| Other amounts receivable | 41 | €2,843 | €15,084 | +€12,242 | +431% |
| Current investments | 50/53 | - | €39,909 | +€39,909 | |
| Cash at bank and in hand | 54/58 | €79,961 | €30,012 | -€49,949 | -62.5% |
| Deferred charges and accrued income | 490/1 | €2,350 | €2,422 | +€72 | +3.1% |
| Total equity and liabilities | 10/49 | €149,855 | €171,660 | +€21,804 | +14.6% |
| Equity | 10/15 | €142,091 | €161,614 | +€19,524 | +13.7% |
| Reserves | 13 | €61,897 | €81,421 | +€19,524 | +31.5% |
| Distributable reserves | 133 | €61,897 | €81,421 | +€19,524 | +31.5% |
| Profit (loss) carried forward | 14 | €80,193 | €80,193 | = | 0.0% |
| Amounts payable | 17/49 | €7,765 | €10,045 | +€2,281 | +29.4% |
| Amounts payable within one year | 42/48 | €7,765 | €10,045 | +€2,281 | +29.4% |
| Trade debts | 44 | €214 | €183 | -€31 | -14.5% |
| Suppliers | 440/4 | €214 | €183 | -€31 | -14.5% |
| Taxes, remuneration and social security | 45 | €7,551 | €9,862 | +€2,312 | +30.6% |
| Taxes | 450/3 | €7,551 | €9,862 | +€2,312 | +30.6% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,904 | €16,200 | +€4,297 | +36.1% |
| Other operating charges | 640/8 | €1,671 | €3,752 | +€2,081 | +125% |
| Gross operating margin | 9900 | €31,165 | €45,451 | +€14,286 | +45.8% |
| Operating profit (loss) | 9901 | €17,591 | €25,500 | +€7,909 | +45.0% |
| Financial income | 75/76B | €108 | €976 | +€868 | +806% |
| Recurring financial income | 75 | €108 | €976 | +€868 | +806% |
| Financial charges | 65/66B | €83 | €109 | +€26 | +31.6% |
| Recurring financial charges | 65 | €83 | €109 | +€26 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €17,616 | €26,367 | +€8,751 | +49.7% |
| Income taxes | 67/77 | €5,414 | €6,843 | +€1,429 | +26.4% |
| Profit (loss) for the period | 9904 | €12,202 | €19,524 | +€7,322 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,202 | €19,524 | +€7,322 | +60.0% |
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 15 October 2026 via checked.be.