Eeckels design: 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.
Eeckels design
Largest movements
- Tangible fixed assets +€176,700
up €176,700 (+296%), from €59,626 to €236,327
of which Land and buildings: +€183,150
- Receivables within one year -€30,827
down €30,827 (-51.3%), from €60,044 to €29,217
of which Other amounts receivable: -€20,357
- Cash -€15,867
down €15,867 (-22.0%), from €72,012 to €56,145
mainly Investment in fixed assets (net) (-€219,625) and Trade debts (-€1,731)
- Debts after one year +€115,026
up €115,026 (+335%), from €34,350 to €149,376
- Reserves +€9,339
up €9,339 (+6.6%), from €140,670 to €150,009
- Current portion of long-term debt +€6,502
up €6,502 (+76.7%), from €8,472 to €14,974
- Depreciation +€40,167
up €40,167 (+1,456%), from €2,758 to €42,925
- Gross operating margin -€10,449
down €10,449 (-15.9%), from €65,721 to €55,272
- Taxes -€10,107
down €10,107 (-80.3%), from €12,580 to €2,474
- Financial income +€2,391
up €2,391 (+1,544%), from €155 to €2,546
- Financial charges +€1,802
up €1,802 (+205%), from €881 to €2,683
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 | €191,682 | €322,045 | +€130,363 | +68.0% |
| Fixed assets | 21/28 | €59,626 | €236,327 | +€176,700 | +296% |
| Tangible fixed assets | 22/27 | €59,626 | €236,327 | +€176,700 | +296% |
| Land and buildings | 22 | - | €183,150 | +€183,150 | |
| Plant, machinery and equipment | 23 | €1,606 | €7,177 | +€5,571 | +347% |
| Furniture and vehicles | 24 | €58,020 | €45,999 | -€12,021 | -20.7% |
| Current assets | 29/58 | €132,055 | €85,718 | -€46,337 | -35.1% |
| Amounts receivable within one year | 40/41 | €60,044 | €29,217 | -€30,827 | -51.3% |
| Trade receivables | 40 | €15,514 | €5,044 | -€10,470 | -67.5% |
| Other amounts receivable | 41 | €44,530 | €24,173 | -€20,357 | -45.7% |
| Cash at bank and in hand | 54/58 | €72,012 | €56,145 | -€15,867 | -22.0% |
| Deferred charges and accrued income | 490/1 | €0 | €357 | +€357 | |
| Total equity and liabilities | 10/49 | €191,682 | €322,045 | +€130,363 | +68.0% |
| Equity | 10/15 | €145,670 | €155,009 | +€9,339 | +6.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €140,670 | €150,009 | +€9,339 | +6.6% |
| Distributable reserves | 133 | €140,670 | €150,009 | +€9,339 | +6.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,012 | €167,036 | +€121,024 | +263% |
| Amounts payable after more than one year | 17 | €34,350 | €149,376 | +€115,026 | +335% |
| Financial debts | 170/4 | €34,350 | €149,376 | +€115,026 | +335% |
| Amounts payable within one year | 42/48 | €11,662 | €17,660 | +€5,998 | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €8,472 | €14,974 | +€6,502 | +76.7% |
| Trade debts | 44 | €3,190 | €1,459 | -€1,731 | -54.3% |
| Suppliers | 440/4 | €3,190 | €1,459 | -€1,731 | -54.3% |
| Taxes, remuneration and social security | 45 | €0 | €1,228 | +€1,228 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | - | €1,228 | +€1,228 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,758 | €42,925 | +€40,167 | +1,456% |
| Other operating charges | 640/8 | €53 | €397 | +€344 | +650% |
| Gross operating margin | 9900 | €65,721 | €55,272 | -€10,449 | -15.9% |
| Operating profit (loss) | 9901 | €62,910 | €11,950 | -€50,960 | -81.0% |
| Financial income | 75/76B | €155 | €2,546 | +€2,391 | +1,544% |
| Recurring financial income | 75 | €155 | €2,546 | +€2,391 | +1,544% |
| Financial charges | 65/66B | €881 | €2,683 | +€1,802 | +205% |
| Recurring financial charges | 65 | €881 | €2,683 | +€1,802 | +205% |
| Profit (loss) for the period before taxes | 9903 | €62,184 | €11,813 | -€50,371 | -81.0% |
| Income taxes | 67/77 | €12,580 | €2,474 | -€10,107 | -80.3% |
| Profit (loss) for the period | 9904 | €49,604 | €9,339 | -€40,265 | -81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,604 | €9,339 | -€40,265 | -81.2% |
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 25 October 2026 via checked.be.