Eeckhout: 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.
Eeckhout
Largest movements
- Receivables within one year -€15,000
no longer reported in 2025 (was €15,000)
- Tangible fixed assets +€8,854
up €8,854 (+1.9%), from €463,987 to €472,841
of which Land and buildings: +€11,019
- Profit (loss) carried forward -€42,242
down €42,242 (-20.5%), from €206,323 to €164,081
- Other debts +€21,500
up €21,500 (+16.1%), from €133,461 to €154,961
- Accrued charges and deferred income +€7,234
up €7,234 (+96.2%), from €7,519 to €14,753
- Gross operating margin -€4,116
down €4,116 (-93.7%), from €4,392 to €276
- Financial charges -€423
down €423 (-3.9%), from €10,908 to €10,486
- Depreciation +€317
up €317 (+1.1%), from €28,676 to €28,993
- Other operating charges +€180
up €180 (+7.1%), from €2,538 to €2,719
- Financial income -€53
down €53 (-50.5%), from €106 to €52
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 | €516,235 | €506,201 | -€10,034 | -1.9% |
| Fixed assets | 21/28 | €486,187 | €495,041 | +€8,854 | +1.8% |
| Tangible fixed assets | 22/27 | €463,987 | €472,841 | +€8,854 | +1.9% |
| Land and buildings | 22 | €453,409 | €464,428 | +€11,019 | +2.4% |
| Plant, machinery and equipment | 23 | €10,578 | €8,413 | -€2,165 | -20.5% |
| Financial fixed assets | 28 | €22,200 | €22,200 | = | 0.0% |
| Current assets | 29/58 | €30,048 | €11,159 | -€18,889 | -62.9% |
| Amounts receivable within one year | 40/41 | €15,000 | - | -€15,000 | |
| Trade receivables | 40 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €12,525 | €8,366 | -€4,159 | -33.2% |
| Deferred charges and accrued income | 490/1 | €2,523 | €2,794 | +€270 | +10.7% |
| Total equity and liabilities | 10/49 | €516,235 | €506,201 | -€10,034 | -1.9% |
| Equity | 10/15 | €371,656 | €329,414 | -€42,242 | -11.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €145,333 | €145,333 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €143,333 | €143,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,323 | €164,081 | -€42,242 | -20.5% |
| Amounts payable | 17/49 | €144,579 | €176,786 | +€32,208 | +22.3% |
| Amounts payable within one year | 42/48 | €137,060 | €162,033 | +€24,974 | +18.2% |
| Taxes, remuneration and social security | 45 | €3,599 | €7,072 | +€3,474 | +96.5% |
| Taxes | 450/3 | €3,599 | €7,072 | +€3,474 | +96.5% |
| Other amounts payable | 47/48 | €133,461 | €154,961 | +€21,500 | +16.1% |
| Accrued charges and deferred income | 492/3 | €7,519 | €14,753 | +€7,234 | +96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,676 | €28,993 | +€317 | +1.1% |
| Other operating charges | 640/8 | €2,538 | €2,719 | +€180 | +7.1% |
| Gross operating margin | 9900 | €4,392 | €276 | -€4,116 | -93.7% |
| Operating profit (loss) | 9901 | -€26,822 | -€31,435 | -€4,613 | -17.2% |
| Financial income | 75/76B | €106 | €52 | -€53 | -50.5% |
| Recurring financial income | 75 | €106 | €52 | -€53 | -50.5% |
| Financial charges | 65/66B | €10,908 | €10,486 | -€423 | -3.9% |
| Recurring financial charges | 65 | €10,908 | €10,486 | -€423 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€37,625 | -€41,868 | -€4,244 | -11.3% |
| Income taxes | 67/77 | €376 | €374 | -€2 | -0.6% |
| Profit (loss) for the period | 9904 | -€38,001 | -€42,242 | -€4,241 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,001 | -€42,242 | -€4,241 | -11.2% |
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 23 October 2026 via checked.be.