Eef Debeuf: 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.
Eef Debeuf
Largest movements
- Cash -€24,209
down €24,209 (-84.5%), from €28,633 to €4,424
mainly Investment in fixed assets (net) (-€16,354) and Net result for the year (-€16,297)
- Tangible fixed assets +€12,210
up €12,210 (+164%), from €7,443 to €19,653
of which Other tangible fixed assets: +€14,363
- Receivables within one year +€4,357
up €4,357 (+82.7%), from €5,271 to €9,628
of which Trade receivables: +€4,368
- Deferred charges and accrued income -€500
down €500 (-16.7%), from €3,000 to €2,500
- Reserves -€16,297
down €16,297 (-51.6%), from €31,604 to €15,307
- Trade debts +€11,187
up €11,187 (+532%), from €2,103 to €13,290
- Other debts -€1,749
down €1,749 (-36.4%), from €4,810 to €3,061
- Tax, wage and social debts -€1,484
down €1,484 (-46.6%), from €3,180 to €1,697
of which Remuneration and social security: -€2,779
- Gross operating margin +€16,459
up €16,459 (+60.5%), from -€27,192 to -€10,733
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 | €44,697 | €36,356 | -€8,342 | -18.7% |
| Fixed assets | 21/28 | €7,793 | €19,803 | +€12,010 | +154% |
| Intangible fixed assets | 21 | €350 | €150 | -€200 | -57.2% |
| Tangible fixed assets | 22/27 | €7,443 | €19,653 | +€12,210 | +164% |
| Plant, machinery and equipment | 23 | €3,904 | €3,651 | -€253 | -6.5% |
| Furniture and vehicles | 24 | €3,540 | €1,640 | -€1,900 | -53.7% |
| Other tangible fixed assets | 26 | - | €14,363 | +€14,363 | |
| Current assets | 29/58 | €36,904 | €16,553 | -€20,352 | -55.1% |
| Amounts receivable within one year | 40/41 | €5,271 | €9,628 | +€4,357 | +82.7% |
| Trade receivables | 40 | €4,961 | €9,329 | +€4,368 | +88.0% |
| Other amounts receivable | 41 | €310 | €299 | -€11 | -3.5% |
| Cash at bank and in hand | 54/58 | €28,633 | €4,424 | -€24,209 | -84.5% |
| Deferred charges and accrued income | 490/1 | €3,000 | €2,500 | -€500 | -16.7% |
| Total equity and liabilities | 10/49 | €44,697 | €36,356 | -€8,342 | -18.7% |
| Equity | 10/15 | €34,604 | €18,307 | -€16,297 | -47.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,604 | €15,307 | -€16,297 | -51.6% |
| Distributable reserves | 133 | €31,604 | €15,307 | -€16,297 | -51.6% |
| Amounts payable | 17/49 | €10,093 | €18,048 | +€7,955 | +78.8% |
| Amounts payable within one year | 42/48 | €10,093 | €18,048 | +€7,955 | +78.8% |
| Trade debts | 44 | €2,103 | €13,290 | +€11,187 | +532% |
| Suppliers | 440/4 | €2,103 | €13,290 | +€11,187 | +532% |
| Taxes, remuneration and social security | 45 | €3,180 | €1,697 | -€1,484 | -46.6% |
| Taxes | 450/3 | €401 | €1,697 | +€1,295 | +323% |
| Remuneration and social security | 454/9 | €2,779 | - | -€2,779 | |
| Other amounts payable | 47/48 | €4,810 | €3,061 | -€1,749 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,091 | €4,344 | +€253 | +6.2% |
| Other operating charges | 640/8 | €888 | €965 | +€77 | +8.7% |
| Gross operating margin | 9900 | -€27,192 | -€10,733 | +€16,459 | +60.5% |
| Operating profit (loss) | 9901 | -€32,171 | -€16,042 | +€16,129 | +50.1% |
| Financial income | 75/76B | €3 | €0 | -€2 | -99.6% |
| Recurring financial income | 75 | €3 | €0 | -€2 | -99.6% |
| Financial charges | 65/66B | €59 | €54 | -€6 | -9.4% |
| Recurring financial charges | 65 | €59 | €54 | -€6 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,228 | -€16,096 | +€16,132 | +50.1% |
| Income taxes | 67/77 | €190 | €201 | +€11 | +5.7% |
| Profit (loss) for the period | 9904 | -€32,418 | -€16,297 | +€16,121 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,418 | -€16,297 | +€16,121 | +49.7% |
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 16 October 2026 via checked.be.