EEIC Belgium A1: 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.
EEIC Belgium A1
Largest movements
- Tangible fixed assets -€197,897
down €197,897 (-3.6%), from €5.5m to €5.3m
- Other debts -€117,810
down €117,810 (-5.5%), from €2.1m to €2.0m
- Debts after one year -€58,578
down €58,578 (-1.6%), from €3.6m to €3.5m
- Taxes -€67,694
down €67,694, from €36,965 to -€30,729
- Financial charges +€28,467
up €28,467 (+15.1%), from €187,994 to €216,460
- Financial income +€20,962
up €20,962 (+41.0%), from €51,149 to €72,111
- Gross operating margin -€20,924
down €20,924 (-6.5%), from €324,369 to €303,446
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,797,299 | €5,604,688 | -€192,611 | -3.3% |
| Fixed assets | 21/28 | €5,498,680 | €5,300,782 | -€197,897 | -3.6% |
| Tangible fixed assets | 22/27 | €5,498,680 | €5,300,782 | -€197,897 | -3.6% |
| Land and buildings | 22 | €5,498,680 | €5,300,782 | -€197,897 | -3.6% |
| Current assets | 29/58 | €298,619 | €303,905 | +€5,286 | +1.8% |
| Amounts receivable within one year | 40/41 | €130,471 | €124,675 | -€5,796 | -4.4% |
| Trade receivables | 40 | €116,335 | €124,675 | +€8,340 | +7.2% |
| Other amounts receivable | 41 | €14,135 | €0 | -€14,135 | -100% |
| Cash at bank and in hand | 54/58 | €166,984 | €178,004 | +€11,020 | +6.6% |
| Deferred charges and accrued income | 490/1 | €1,165 | €1,226 | +€62 | +5.3% |
| Total equity and liabilities | 10/49 | €5,797,299 | €5,604,688 | -€192,611 | -3.3% |
| Equity | 10/15 | -€44,242 | -€69,962 | -€25,721 | -58.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,842 | -€88,562 | -€25,721 | -40.9% |
| Amounts payable | 17/49 | €5,841,541 | €5,674,650 | -€166,891 | -2.9% |
| Amounts payable after more than one year | 17 | €3,553,073 | €3,494,495 | -€58,578 | -1.6% |
| Financial debts | 170/4 | €3,553,073 | €3,494,495 | -€58,578 | -1.6% |
| Amounts payable within one year | 42/48 | €2,177,032 | €2,065,522 | -€111,510 | -5.1% |
| Trade debts | 44 | €18,870 | €8,580 | -€10,290 | -54.5% |
| Suppliers | 440/4 | €18,870 | €8,580 | -€10,290 | -54.5% |
| Taxes, remuneration and social security | 45 | €19,554 | €36,144 | +€16,591 | +84.8% |
| Taxes | 450/3 | €19,554 | €36,144 | +€16,591 | +84.8% |
| Other amounts payable | 47/48 | €2,138,608 | €2,020,798 | -€117,810 | -5.5% |
| Accrued charges and deferred income | 492/3 | €111,436 | €114,634 | +€3,197 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,734 | €197,968 | +€234 | +0.1% |
| Other operating charges | 640/8 | €20,568 | €17,578 | -€2,990 | -14.5% |
| Gross operating margin | 9900 | €324,369 | €303,446 | -€20,924 | -6.5% |
| Operating profit (loss) | 9901 | €106,067 | €87,899 | -€18,168 | -17.1% |
| Financial income | 75/76B | €51,149 | €72,111 | +€20,962 | +41.0% |
| Recurring financial income | 75 | €51,149 | €72,111 | +€20,962 | +41.0% |
| Financial charges | 65/66B | €187,994 | €216,460 | +€28,467 | +15.1% |
| Recurring financial charges | 65 | €187,994 | €216,460 | +€28,467 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,778 | -€56,450 | -€25,672 | -83.4% |
| Income taxes | 67/77 | €36,965 | -€30,729 | -€67,694 | |
| Profit (loss) for the period | 9904 | -€67,743 | -€25,721 | +€42,022 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,743 | -€25,721 | +€42,022 | +62.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.