EEETWELL BELGIUM: what changed
EEETWELL BELGIUM
Largest movements
- Receivables within one year +€303,534
up €303,534 (+3,923%), from €7,738 to €311,272
of which Trade receivables: +€311,272
- Tangible fixed assets -€46,958
down €46,958 (-19.4%), from €242,151 to €195,193
- Stocks and contracts +€17,750
new in 2025: €17,750
- Cash -€13,361
down €13,361 (-22.2%), from €60,312 to €46,951
mainly Trade debts (-€321,092) and Receivables within one year (-€303,534)
- Trade debts -€321,092
down €321,092 (-53.8%), from €596,998 to €275,906
- Profit (loss) carried forward +€313,549
up €313,549 (+44.7%), from -€700,671 to -€387,122
- Other debts +€187,082
up €187,082 (+44.6%), from €419,371 to €606,453
- Tax, wage and social debts +€81,176
up €81,176 (+378%), from €21,473 to €102,649
- Gross operating margin +€457,024
up €457,024, from -€73,549 to €383,475
- Other operating charges -€55,274
down €55,274 (-85.5%), from €64,623 to €9,349
- Staff costs +€31,048
up €31,048 (+12.1%), from €256,936 to €287,984
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,668 | €635,383 | +€260,715 | +69.6% |
| Fixed assets | 21/28 | €306,618 | €259,410 | -€47,208 | -15.4% |
| Intangible fixed assets | 21 | €1,567 | €1,317 | -€250 | -16.0% |
| Tangible fixed assets | 22/27 | €242,151 | €195,193 | -€46,958 | -19.4% |
| Land and buildings | 22 | €80,970 | €71,973 | -€8,997 | -11.1% |
| Plant, machinery and equipment | 23 | €63,424 | €42,398 | -€21,026 | -33.2% |
| Furniture and vehicles | 24 | €5,141 | €3,211 | -€1,930 | -37.5% |
| Other tangible fixed assets | 26 | €92,616 | €77,611 | -€15,005 | -16.2% |
| Financial fixed assets | 28 | €62,900 | €62,900 | = | 0.0% |
| Current assets | 29/58 | €68,050 | €375,973 | +€307,923 | +452% |
| Stocks and contracts in progress | 3 | - | €17,750 | +€17,750 | |
| Stocks | 30/36 | - | €17,750 | +€17,750 | |
| Amounts receivable within one year | 40/41 | €7,738 | €311,272 | +€303,534 | +3,923% |
| Trade receivables | 40 | - | €311,272 | +€311,272 | |
| Other amounts receivable | 41 | €7,738 | - | -€7,738 | |
| Cash at bank and in hand | 54/58 | €60,312 | €46,951 | -€13,361 | -22.2% |
| Total equity and liabilities | 10/49 | €374,668 | €635,383 | +€260,715 | +69.6% |
| Equity | 10/15 | -€682,067 | -€368,518 | +€313,549 | +46.0% |
| Contributions | 10/11 | €18,604 | €18,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€700,671 | -€387,122 | +€313,549 | +44.7% |
| Amounts payable | 17/49 | €1,056,735 | €1,003,901 | -€52,834 | -5.0% |
| Amounts payable after more than one year | 17 | €18,893 | €18,893 | = | 0.0% |
| Financial debts | 170/4 | €18,893 | €18,893 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,037,842 | €985,008 | -€52,834 | -5.1% |
| Trade debts | 44 | €596,998 | €275,906 | -€321,092 | -53.8% |
| Suppliers | 440/4 | €596,998 | €275,906 | -€321,092 | -53.8% |
| Taxes, remuneration and social security | 45 | €21,473 | €102,649 | +€81,176 | +378% |
| Taxes | 450/3 | €21,473 | €102,649 | +€81,176 | +378% |
| Other amounts payable | 47/48 | €419,371 | €606,453 | +€187,082 | +44.6% |
| Remuneration, social security and pensions | 62 | €256,936 | €287,984 | +€31,048 | +12.1% |
| Other operating charges | 640/8 | €64,623 | €9,349 | -€55,274 | -85.5% |
| Gross operating margin | 9900 | -€73,549 | €383,475 | +€457,024 | |
| Operating profit (loss) | 9901 | -€395,108 | €86,142 | +€481,250 | |
| Financial charges | 65/66B | €821 | €288 | -€533 | -64.9% |
| Recurring financial charges | 65 | €821 | €288 | -€533 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | -€395,929 | €85,854 | +€481,783 | |
| Profit (loss) for the period | 9904 | -€395,929 | €85,854 | +€481,783 | |
| Profit (loss) for the period to be appropriated | 9905 | -€395,929 | €85,854 | +€481,783 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.