EENDENKOOI: 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.
EENDENKOOI
Largest movements
- Stocks and contracts -€43,702
down €43,702 (-28.0%), from €156,240 to €112,538
- Cash +€17,562
up €17,562 (+36.6%), from €47,935 to €65,497
mainly Stocks and contracts (+€43,702) and Depreciation (+€24,703)
- Tangible fixed assets +€11,492
up €11,492 (+10.4%), from €110,984 to €122,476
of which Furniture and vehicles: +€21,490
- Debts after one year -€12,500
down €12,500 (-16.0%), from €78,125 to €65,625
- Reserves +€3,677
up €3,677 (+6.5%), from €56,424 to €60,100
of which Distributable reserves: +€3,677
- Gross operating margin -€42,123
down €42,123 (-55.1%), from €76,388 to €34,265
- Taxes -€8,793
down €8,793 (-87.3%), from €10,074 to €1,281
- Depreciation +€6,226
up €6,226 (+33.7%), from €18,477 to €24,703
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 | €351,925 | €339,913 | -€12,011 | -3.4% |
| Fixed assets | 21/28 | €112,223 | €123,569 | +€11,347 | +10.1% |
| Intangible fixed assets | 21 | €1,239 | €1,093 | -€146 | -11.8% |
| Tangible fixed assets | 22/27 | €110,984 | €122,476 | +€11,492 | +10.4% |
| Land and buildings | 22 | €88,025 | €75,917 | -€12,109 | -13.8% |
| Plant, machinery and equipment | 23 | €22,959 | €25,069 | +€2,111 | +9.2% |
| Furniture and vehicles | 24 | - | €21,490 | +€21,490 | |
| Current assets | 29/58 | €239,702 | €216,344 | -€23,358 | -9.7% |
| Stocks and contracts in progress | 3 | €156,240 | €112,538 | -€43,702 | -28.0% |
| Stocks | 30/36 | €156,240 | €112,538 | -€43,702 | -28.0% |
| Amounts receivable within one year | 40/41 | €33,530 | €36,439 | +€2,909 | +8.7% |
| Trade receivables | 40 | €23,713 | €24,085 | +€372 | +1.6% |
| Other amounts receivable | 41 | €9,817 | €12,354 | +€2,537 | +25.8% |
| Cash at bank and in hand | 54/58 | €47,935 | €65,497 | +€17,562 | +36.6% |
| Deferred charges and accrued income | 490/1 | €1,997 | €1,870 | -€127 | -6.3% |
| Total equity and liabilities | 10/49 | €351,925 | €339,913 | -€12,011 | -3.4% |
| Equity | 10/15 | €218,424 | €222,100 | +€3,677 | +1.7% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Reserves | 13 | €56,424 | €60,100 | +€3,677 | +6.5% |
| Non-distributable reserves | 130/1 | €16,200 | €16,200 | = | 0.0% |
| Legal reserve | 130 | €16,200 | €16,200 | = | 0.0% |
| Distributable reserves | 133 | €40,224 | €43,900 | +€3,677 | +9.1% |
| Amounts payable | 17/49 | €133,501 | €117,813 | -€15,688 | -11.8% |
| Amounts payable after more than one year | 17 | €78,125 | €65,625 | -€12,500 | -16.0% |
| Financial debts | 170/4 | €78,125 | €65,625 | -€12,500 | -16.0% |
| Amounts payable within one year | 42/48 | €55,201 | €52,188 | -€3,013 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €12,500 | = | 0.0% |
| Trade debts | 44 | €42,627 | €39,688 | -€2,939 | -6.9% |
| Suppliers | 440/4 | €42,627 | €39,688 | -€2,939 | -6.9% |
| Taxes, remuneration and social security | 45 | €74 | €0 | -€74 | -100% |
| Taxes | 450/3 | €74 | €0 | -€74 | -100% |
| Accrued charges and deferred income | 492/3 | €175 | €0 | -€175 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,477 | €24,703 | +€6,226 | +33.7% |
| Other operating charges | 640/8 | €3,345 | €3,449 | +€104 | +3.1% |
| Gross operating margin | 9900 | €76,388 | €34,265 | -€42,123 | -55.1% |
| Operating profit (loss) | 9901 | €54,565 | €6,112 | -€48,453 | -88.8% |
| Financial income | 75/76B | €164 | €129 | -€35 | -21.4% |
| Recurring financial income | 75 | €164 | €129 | -€35 | -21.4% |
| Financial charges | 65/66B | €1,473 | €1,283 | -€190 | -12.9% |
| Recurring financial charges | 65 | €1,473 | €1,283 | -€190 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €53,255 | €4,958 | -€48,298 | -90.7% |
| Income taxes | 67/77 | €10,074 | €1,281 | -€8,793 | -87.3% |
| Profit (loss) for the period | 9904 | €43,181 | €3,677 | -€39,505 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,181 | €3,677 | -€39,505 | -91.5% |
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 19 October 2026 via checked.be.