Eeckloo-Buyse: 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.
Eeckloo-Buyse
Largest movements
- Tangible fixed assets -€78,529
down €78,529 (-8.8%), from €892,332 to €813,803
of which Land and buildings: -€40,491
- Cash +€49,765
up €49,765 (+49.4%), from €100,838 to €150,603
mainly Depreciation (+€95,060) and Net result for the year (+€47,495)
- Debts after one year -€111,500
down €111,500 (-15.0%), from €744,928 to €633,428
- Investment grants +€31,478
up €31,478 (+29.8%), from €105,650 to €137,129
- Advances received +€20,818
up €20,818, from €0 to €20,818
- Reserves +€16,395
up €16,395 (+8.4%), from €196,048 to €212,443
of which Distributable reserves: +€16,395
- Gross operating margin +€18,556
up €18,556 (+15.0%), from €123,953 to €142,509
- Financial income +€10,202
up €10,202 (+43.0%), from €23,711 to €33,914
- Taxes +€7,191
up €7,191 (+130%), from €5,512 to €12,703
- Depreciation +€5,556
up €5,556 (+6.2%), from €89,505 to €95,060
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 | €1,139,937 | €1,104,853 | -€35,085 | -3.1% |
| Fixed assets | 21/28 | €893,432 | €814,628 | -€78,804 | -8.8% |
| Intangible fixed assets | 21 | €1,100 | €825 | -€275 | -25.0% |
| Tangible fixed assets | 22/27 | €892,332 | €813,803 | -€78,529 | -8.8% |
| Land and buildings | 22 | €695,339 | €654,849 | -€40,491 | -5.8% |
| Plant, machinery and equipment | 23 | €150,730 | €124,018 | -€26,713 | -17.7% |
| Furniture and vehicles | 24 | €46,262 | €34,937 | -€11,326 | -24.5% |
| Current assets | 29/58 | €246,505 | €290,225 | +€43,720 | +17.7% |
| Amounts receivable within one year | 40/41 | €93,516 | €87,782 | -€5,734 | -6.1% |
| Trade receivables | 40 | €45,511 | €48,538 | +€3,027 | +6.7% |
| Other amounts receivable | 41 | €48,005 | €39,244 | -€8,761 | -18.3% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €100,838 | €150,603 | +€49,765 | +49.4% |
| Deferred charges and accrued income | 490/1 | €2,150 | €1,839 | -€311 | -14.5% |
| Total equity and liabilities | 10/49 | €1,139,937 | €1,104,853 | -€35,085 | -3.1% |
| Equity | 10/15 | €304,177 | €352,050 | +€47,873 | +15.7% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €196,048 | €212,443 | +€16,395 | +8.4% |
| Tax-exempt reserves | 132 | €9,574 | €9,574 | = | 0.0% |
| Distributable reserves | 133 | €186,474 | €202,869 | +€16,395 | +8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €105,650 | €137,129 | +€31,478 | +29.8% |
| Provisions and deferred taxes | 16 | €5,561 | €7,217 | +€1,657 | +29.8% |
| Deferred taxes | 168 | €5,561 | €7,217 | +€1,657 | +29.8% |
| Amounts payable | 17/49 | €830,199 | €745,585 | -€84,614 | -10.2% |
| Amounts payable after more than one year | 17 | €744,928 | €633,428 | -€111,500 | -15.0% |
| Financial debts | 170/4 | €744,928 | €633,428 | -€111,500 | -15.0% |
| Amounts payable within one year | 42/48 | €85,108 | €112,157 | +€27,049 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €61,500 | €61,500 | = | 0.0% |
| Trade debts | 44 | €19,080 | €26,975 | +€7,895 | +41.4% |
| Suppliers | 440/4 | €19,080 | €26,975 | +€7,895 | +41.4% |
| Advances received on contracts in progress | 46 | €0 | €20,818 | +€20,818 | |
| Taxes, remuneration and social security | 45 | €1,929 | €1,865 | -€64 | -3.3% |
| Taxes | 450/3 | €1,929 | €1,865 | -€64 | -3.3% |
| Other amounts payable | 47/48 | €2,600 | €1,000 | -€1,600 | -61.5% |
| Accrued charges and deferred income | 492/3 | €163 | €0 | -€163 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,505 | €95,060 | +€5,556 | +6.2% |
| Other operating charges | 640/8 | €6,095 | €4,816 | -€1,279 | -21.0% |
| Gross operating margin | 9900 | €123,953 | €142,509 | +€18,556 | +15.0% |
| Operating profit (loss) | 9901 | €28,353 | €42,633 | +€14,279 | +50.4% |
| Financial income | 75/76B | €23,711 | €33,914 | +€10,202 | +43.0% |
| Recurring financial income | 75 | €23,711 | €33,914 | +€10,202 | +43.0% |
| Financial charges | 65/66B | €19,056 | €17,985 | -€1,071 | -5.6% |
| Recurring financial charges | 65 | €19,056 | €17,985 | -€1,071 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €33,008 | €58,561 | +€25,553 | +77.4% |
| Transfer from deferred taxes | 780 | €1,083 | €1,636 | +€554 | +51.2% |
| Income taxes | 67/77 | €5,512 | €12,703 | +€7,191 | +130% |
| Profit (loss) for the period | 9904 | €28,579 | €47,495 | +€18,916 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,579 | €47,495 | +€18,916 | +66.2% |
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 15 October 2026 via checked.be.