EECKELEERS V: 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.
EECKELEERS V
Largest movements
- Receivables within one year -€11,978
down €11,978 (-99.0%), from €12,100 to €122
of which Trade receivables: -€12,100
- Cash -€11,745
down €11,745 (-43.6%), from €26,949 to €15,204
mainly Debts after one year (-€73,189) and Tax, wage and social debts (-€25,554)
- Reserves +€81,277
up €81,277 (+65.9%), from €123,395 to €204,672
- Debts after one year -€73,189
down €73,189 (-10.8%), from €679,335 to €606,145
- Tax, wage and social debts -€25,554
down €25,554 (-48.1%), from €53,176 to €27,621
of which Taxes: -€23,375
- Gross operating margin -€65,470
down €65,470 (-31.7%), from €206,801 to €141,331
- Taxes -€23,544
down €23,544 (-52.2%), from €45,090 to €21,546
- Financial charges -€2,225
down €2,225 (-5.8%), from €38,365 to €36,140
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 | €958,360 | €944,362 | -€13,997 | -1.5% |
| Fixed assets | 21/28 | €879,958 | €880,687 | +€730 | +0.1% |
| Tangible fixed assets | 22/27 | €11,958 | €12,687 | +€730 | +6.1% |
| Plant, machinery and equipment | 23 | €1,821 | €891 | -€930 | -51.1% |
| Furniture and vehicles | 24 | - | €2,825 | +€2,825 | |
| Other tangible fixed assets | 26 | €10,136 | €8,971 | -€1,165 | -11.5% |
| Financial fixed assets | 28 | €868,000 | €868,000 | = | 0.0% |
| Current assets | 29/58 | €78,402 | €63,675 | -€14,727 | -18.8% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,100 | €122 | -€11,978 | -99.0% |
| Trade receivables | 40 | €12,100 | - | -€12,100 | |
| Other amounts receivable | 41 | - | €122 | +€122 | |
| Cash at bank and in hand | 54/58 | €26,949 | €15,204 | -€11,745 | -43.6% |
| Deferred charges and accrued income | 490/1 | €4,353 | €13,350 | +€8,996 | +207% |
| Total equity and liabilities | 10/49 | €958,360 | €944,362 | -€13,997 | -1.5% |
| Equity | 10/15 | €138,395 | €219,672 | +€81,277 | +58.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €123,395 | €204,672 | +€81,277 | +65.9% |
| Distributable reserves | 133 | €123,395 | €204,672 | +€81,277 | +65.9% |
| Amounts payable | 17/49 | €819,965 | €724,690 | -€95,274 | -11.6% |
| Amounts payable after more than one year | 17 | €679,335 | €606,145 | -€73,189 | -10.8% |
| Financial debts | 170/4 | €679,335 | €606,145 | -€73,189 | -10.8% |
| Amounts payable within one year | 42/48 | €137,080 | €114,602 | -€22,478 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €71,845 | €73,189 | +€1,344 | +1.9% |
| Trade debts | 44 | €3,202 | €10,219 | +€7,017 | +219% |
| Suppliers | 440/4 | €3,202 | €10,219 | +€7,017 | +219% |
| Taxes, remuneration and social security | 45 | €53,176 | €27,621 | -€25,554 | -48.1% |
| Taxes | 450/3 | €50,812 | €27,437 | -€23,375 | -46.0% |
| Remuneration and social security | 454/9 | €2,363 | €184 | -€2,179 | -92.2% |
| Other amounts payable | 47/48 | €8,857 | €3,572 | -€5,285 | -59.7% |
| Accrued charges and deferred income | 492/3 | €3,550 | €3,943 | +€393 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,330 | €2,424 | +€94 | +4.0% |
| Other operating charges | 640/8 | €643 | €772 | +€129 | +20.0% |
| Gross operating margin | 9900 | €206,801 | €141,331 | -€65,470 | -31.7% |
| Operating profit (loss) | 9901 | €203,828 | €138,135 | -€65,693 | -32.2% |
| Financial income | 75/76B | €1,310 | €828 | -€483 | -36.8% |
| Recurring financial income | 75 | €1,310 | €828 | -€483 | -36.8% |
| Financial charges | 65/66B | €38,365 | €36,140 | -€2,225 | -5.8% |
| Recurring financial charges | 65 | €38,365 | €36,140 | -€2,225 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €166,774 | €102,823 | -€63,950 | -38.3% |
| Income taxes | 67/77 | €45,090 | €21,546 | -€23,544 | -52.2% |
| Profit (loss) for the period | 9904 | €121,683 | €81,277 | -€40,406 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €121,683 | €81,277 | -€40,406 | -33.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.