EECKHOUT & C°: 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 & C°
Largest movements
- Cash +€48,006
up €48,006 (+1,142%), from €4,203 to €52,209
mainly Depreciation (+€32,244) and Receivables within one year (+€30,165)
- Tangible fixed assets -€30,404
down €30,404 (-47.2%), from €64,481 to €34,077
of which Land and buildings: -€27,633
- Receivables within one year -€30,165
down €30,165 (-10.5%), from €288,082 to €257,917
of which Trade receivables: -€63,112
- Short-term financial debts +€22,480
new in 2025: €22,480
- Trade debts -€20,144
down €20,144 (-36.0%), from €56,008 to €35,864
- Other debts -€8,203
down €8,203 (-100.0%), from €8,204 to €1
- Current portion of long-term debt -€6,549
down €6,549 (-39.8%), from €16,440 to €9,891
- Tax, wage and social debts +€4,954
up €4,954 (+128%), from €3,866 to €8,821
of which Taxes: +€3,345
- Gross operating margin +€45,113
up €45,113 (+56.9%), from €79,249 to €124,362
- Write-downs +€23,236
new in 2025: €23,236
- Taxes +€5,548
up €5,548 (+2,629%), from €211 to €5,759
- Staff costs +€2,684
up €2,684 (+5.5%), from €48,662 to €51,346
- Financial charges +€1,693
up €1,693 (+67.8%), from €2,498 to €4,192
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 | €373,029 | €360,006 | -€13,023 | -3.5% |
| Fixed assets | 21/28 | €79,361 | €48,957 | -€30,404 | -38.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €64,481 | €34,077 | -€30,404 | -47.2% |
| Land and buildings | 22 | €43,118 | €15,485 | -€27,633 | -64.1% |
| Plant, machinery and equipment | 23 | €6,606 | €4,950 | -€1,656 | -25.1% |
| Furniture and vehicles | 24 | €14,757 | €13,642 | -€1,115 | -7.6% |
| Financial fixed assets | 28 | €14,880 | €14,880 | = | 0.0% |
| Current assets | 29/58 | €293,668 | €311,049 | +€17,381 | +5.9% |
| Amounts receivable within one year | 40/41 | €288,082 | €257,917 | -€30,165 | -10.5% |
| Trade receivables | 40 | €108,853 | €45,741 | -€63,112 | -58.0% |
| Other amounts receivable | 41 | €179,229 | €212,176 | +€32,947 | +18.4% |
| Cash at bank and in hand | 54/58 | €4,203 | €52,209 | +€48,006 | +1,142% |
| Deferred charges and accrued income | 490/1 | €1,383 | €924 | -€460 | -33.2% |
| Total equity and liabilities | 10/49 | €373,029 | €360,006 | -€13,023 | -3.5% |
| Equity | 10/15 | €233,488 | €229,199 | -€4,289 | -1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,488 | €7,488 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,628 | €5,628 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,399 | €203,111 | -€4,289 | -2.1% |
| Provisions and deferred taxes | 16 | €3,146 | €3,146 | = | 0.0% |
| Deferred taxes | 168 | €3,146 | €3,146 | = | 0.0% |
| Amounts payable | 17/49 | €136,395 | €127,660 | -€8,735 | -6.4% |
| Amounts payable after more than one year | 17 | €51,877 | €48,920 | -€2,957 | -5.7% |
| Financial debts | 170/4 | €21,242 | €18,285 | -€2,957 | -13.9% |
| Other amounts payable | 178/9 | €30,635 | €30,635 | = | 0.0% |
| Amounts payable within one year | 42/48 | €84,518 | €77,057 | -€7,461 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €16,440 | €9,891 | -€6,549 | -39.8% |
| Financial debts | 43 | - | €22,480 | +€22,480 | |
| Credit institutions | 430/8 | - | €22,480 | +€22,480 | |
| Trade debts | 44 | €56,008 | €35,864 | -€20,144 | -36.0% |
| Suppliers | 440/4 | €56,008 | €35,864 | -€20,144 | -36.0% |
| Taxes, remuneration and social security | 45 | €3,866 | €8,821 | +€4,954 | +128% |
| Taxes | 450/3 | €150 | €3,495 | +€3,345 | +2,231% |
| Remuneration and social security | 454/9 | €3,716 | €5,326 | +€1,610 | +43.3% |
| Other amounts payable | 47/48 | €8,204 | €1 | -€8,203 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,684 | +€1,684 | |
| Remuneration, social security and pensions | 62 | €48,662 | €51,346 | +€2,684 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,414 | €32,244 | +€830 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €23,236 | +€23,236 | |
| Other operating charges | 640/8 | €3,084 | €4,601 | +€1,517 | +49.2% |
| Non-recurring operating charges | 66A | - | €160 | +€160 | |
| Gross operating margin | 9900 | €79,249 | €124,362 | +€45,113 | +56.9% |
| Operating profit (loss) | 9901 | -€3,911 | €12,775 | +€16,685 | |
| Financial income | 75/76B | €111 | €87 | -€24 | -21.4% |
| Recurring financial income | 75 | €111 | €87 | -€24 | -21.4% |
| Financial charges | 65/66B | €2,498 | €4,192 | +€1,693 | +67.8% |
| Recurring financial charges | 65 | €2,498 | €4,192 | +€1,693 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,298 | €8,670 | +€14,968 | |
| Transfer from deferred taxes | 780 | €3,146 | €0 | -€3,146 | -100% |
| Income taxes | 67/77 | €211 | €5,759 | +€5,548 | +2,629% |
| Profit (loss) for the period | 9904 | -€3,363 | €2,911 | +€6,274 | |
| Transfer from tax-exempt reserves | 789 | €12,430 | €0 | -€12,430 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €9,067 | €2,911 | -€6,156 | -67.9% |
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 17 October 2026 via checked.be.