Eeckhout Expert: 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 Expert
Largest movements
- Cash +€39,862
up €39,862 (+1,945%), from €2,049 to €41,912
mainly Net result for the year (+€20,471) and Depreciation (+€18,223)
- Receivables within one year +€14,761
up €14,761 (+236%), from €6,256 to €21,017
- Intangible fixed assets -€10,326
down €10,326 (-43.9%), from €23,544 to €13,219
- Tangible fixed assets -€4,388
down €4,388 (-13.7%), from €31,934 to €27,546
of which Furniture and vehicles: -€2,879
- Deferred charges and accrued income +€1,362
up €1,362 (+85.6%), from €1,591 to €2,953
- Debts after one year -€13,847
down €13,847 (-100%), from €13,847 to €0
- Profit (loss) carried forward +€13,661
up €13,661, from -€13,661 to €0
- Trade debts +€13,533
up €13,533 (+1,039%), from €1,303 to €14,836
- Tax, wage and social debts +€10,547
up €10,547 (+190%), from €5,542 to €16,089
of which Taxes: +€8,947
- Other debts +€7,013
up €7,013 (+19.6%), from €35,837 to €42,850
- Gross operating margin +€28,228
up €28,228 (+164%), from €17,217 to €45,445
- Depreciation -€6,672
down €6,672 (-26.8%), from €24,896 to €18,223
- Taxes +€4,164
up €4,164 (+1,001%), from €416 to €4,580
- Financial charges -€789
down €789 (-45.3%), from €1,742 to €953
- Other operating charges -€626
down €626 (-36.1%), from €1,731 to €1,106
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 | €65,374 | €106,645 | +€41,271 | +63.1% |
| Fixed assets | 21/28 | €55,478 | €40,764 | -€14,714 | -26.5% |
| Intangible fixed assets | 21 | €23,544 | €13,219 | -€10,326 | -43.9% |
| Tangible fixed assets | 22/27 | €31,934 | €27,546 | -€4,388 | -13.7% |
| Furniture and vehicles | 24 | €26,748 | €23,869 | -€2,879 | -10.8% |
| Other tangible fixed assets | 26 | €5,186 | €3,677 | -€1,509 | -29.1% |
| Current assets | 29/58 | €9,896 | €65,881 | +€55,985 | +566% |
| Amounts receivable within one year | 40/41 | €6,256 | €21,017 | +€14,761 | +236% |
| Trade receivables | 40 | €6,256 | €21,017 | +€14,761 | +236% |
| Cash at bank and in hand | 54/58 | €2,049 | €41,912 | +€39,862 | +1,945% |
| Deferred charges and accrued income | 490/1 | €1,591 | €2,953 | +€1,362 | +85.6% |
| Total equity and liabilities | 10/49 | €65,374 | €106,645 | +€41,271 | +63.1% |
| Equity | 10/15 | -€8,661 | €11,810 | +€20,471 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €6,810 | +€6,810 | |
| Distributable reserves | 133 | - | €6,810 | +€6,810 | |
| Profit (loss) carried forward | 14 | -€13,661 | €0 | +€13,661 | |
| Amounts payable | 17/49 | €74,035 | €94,835 | +€20,800 | +28.1% |
| Amounts payable after more than one year | 17 | €13,847 | €0 | -€13,847 | -100% |
| Financial debts | 170/4 | €13,847 | €0 | -€13,847 | -100% |
| Amounts payable within one year | 42/48 | €58,800 | €87,621 | +€28,822 | +49.0% |
| Current portion of amounts payable after more than one year | 42 | €16,118 | €13,847 | -€2,271 | -14.1% |
| Trade debts | 44 | €1,303 | €14,836 | +€13,533 | +1,039% |
| Suppliers | 440/4 | €1,303 | €14,836 | +€13,533 | +1,039% |
| Taxes, remuneration and social security | 45 | €5,542 | €16,089 | +€10,547 | +190% |
| Taxes | 450/3 | €5,142 | €14,089 | +€8,947 | +174% |
| Remuneration and social security | 454/9 | €400 | €2,000 | +€1,600 | +400% |
| Other amounts payable | 47/48 | €35,837 | €42,850 | +€7,013 | +19.6% |
| Accrued charges and deferred income | 492/3 | €1,388 | €7,214 | +€5,825 | +420% |
| Non-recurring operating income | 76A | €3,988 | €0 | -€3,988 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,896 | €18,223 | -€6,672 | -26.8% |
| Other operating charges | 640/8 | €1,731 | €1,106 | -€626 | -36.1% |
| Non-recurring operating charges | 66A | €928 | €598 | -€329 | -35.5% |
| Gross operating margin | 9900 | €17,217 | €45,445 | +€28,228 | +164% |
| Operating profit (loss) | 9901 | -€10,337 | €25,518 | +€35,855 | |
| Financial income | 75/76B | €170 | €486 | +€316 | +185% |
| Recurring financial income | 75 | €170 | €486 | +€316 | +185% |
| Financial charges | 65/66B | €1,742 | €953 | -€789 | -45.3% |
| Recurring financial charges | 65 | €1,742 | €953 | -€789 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,909 | €25,051 | +€36,960 | |
| Income taxes | 67/77 | €416 | €4,580 | +€4,164 | +1,001% |
| Profit (loss) for the period | 9904 | -€12,325 | €20,471 | +€32,796 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,325 | €20,471 | +€32,796 |
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 27 October 2026 via checked.be.