Eero: what changed
Two fiscal 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.
Eero
Largest movements
- Cash +€909,169
up €909,169 (+661.8%), from €137,372 to €1.0m
mainly Net result for the year (+€1.4m) and Current investments (+€617,110)
- Current investments -€617,110
down €617,110 (-53.9%), from €1.1m to €526,961
- Other debts +€433,371
up €433,371 (+3110.0%), from €13,935 to €447,306
- Profit (loss) carried forward -€193,027
down €193,027 (-15.7%), from €1.2m to €1.0m
- Tax, wage and social debts +€49,794
up €49,794 (+78.0%), from €63,818 to €113,612
- Gross operating margin +€301,267
up €301,267 (+18.9%), from €1.6m to €1.9m
- Taxes +€72,023
up €72,023 (+17.9%), from €402,554 to €474,576
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.
Cash bridge derived
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 | €1,312,173 | €1,602,766 | +€290,593 | +22.1% |
| Fixed assets | 21/28 | €22,409 | €20,959 | -€1,450 | -6.5% |
| Tangible fixed assets | 22/27 | €22,409 | €20,959 | -€1,450 | -6.5% |
| Furniture and vehicles | 24 | €12,197 | €10,747 | -€1,450 | -11.9% |
| Other tangible fixed assets | 26 | €10,213 | €10,213 | = | 0.0% |
| Current assets | 29/58 | €1,289,764 | €1,581,806 | +€292,043 | +22.6% |
| Amounts receivable within one year | 40/41 | €8,305 | €8,305 | = | 0.0% |
| Other amounts receivable | 41 | €8,305 | €8,305 | = | 0.0% |
| Current investments | 50/53 | €1,144,070 | €526,961 | -€617,110 | -53.9% |
| Cash at bank and in hand | 54/58 | €137,372 | €1,046,541 | +€909,169 | +661.8% |
| Deferred charges and accrued income | 490/1 | €16 | - | -€16 | |
| Total equity and liabilities | 10/49 | €1,312,173 | €1,602,766 | +€290,593 | +22.1% |
| Equity | 10/15 | €1,233,311 | €1,040,284 | -€193,027 | -15.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,231,311 | €1,038,284 | -€193,027 | -15.7% |
| Amounts payable | 17/49 | €78,862 | €562,482 | +€483,620 | +613.2% |
| Amounts payable within one year | 42/48 | €78,862 | €562,482 | +€483,620 | +613.2% |
| Trade debts | 44 | €1,110 | €1,564 | +€454 | +40.9% |
| Suppliers | 440/4 | €1,110 | €1,564 | +€454 | +40.9% |
| Taxes, remuneration and social security | 45 | €63,818 | €113,612 | +€49,794 | +78.0% |
| Taxes | 450/3 | €63,818 | €113,612 | +€49,794 | +78.0% |
| Other amounts payable | 47/48 | €13,935 | €447,306 | +€433,371 | +3110.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,105 | €2,722 | +€617 | +29.3% |
| Other operating charges | 640/8 | €1,001 | €998 | -€2 | -0.2% |
| Gross operating margin | 9900 | €1,594,788 | €1,896,055 | +€301,267 | +18.9% |
| Operating profit (loss) | 9901 | €1,591,683 | €1,892,335 | +€300,652 | +18.9% |
| Financial income | 75/76B | €36,196 | €20,651 | -€15,545 | -42.9% |
| Recurring financial income | 75 | €36,196 | €20,651 | -€15,545 | -42.9% |
| Financial charges | 65/66B | €5 | €126 | +€121 | +2686.7% |
| Recurring financial charges | 65 | €5 | €126 | +€121 | +2686.7% |
| Profit (loss) for the period before taxes | 9903 | €1,627,874 | €1,912,860 | +€284,986 | +17.5% |
| Income taxes | 67/77 | €402,554 | €474,576 | +€72,023 | +17.9% |
| Profit (loss) for the period | 9904 | €1,225,320 | €1,438,284 | +€212,963 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,225,320 | €1,438,284 | +€212,963 | +17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.