Eethuis Niels: 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.
Eethuis Niels
Largest movements
- Receivables within one year +€23,469
up €23,469 (+79.7%), from €29,440 to €52,909
of which Trade receivables: +€22,577
- Tangible fixed assets -€20,692
down €20,692 (-15.0%), from €137,653 to €116,961
of which Other tangible fixed assets: -€15,539
- Trade debts +€12,721
up €12,721 (+38.4%), from €33,101 to €45,821
- Debts after one year -€10,842
down €10,842 (-8.4%), from €128,514 to €117,672
- Other debts -€4,898
down €4,898 (-13.0%), from €37,645 to €32,746
- Profit (loss) carried forward +€4,043
up €4,043 (+8.0%), from -€50,269 to -€46,227
- Tax, wage and social debts -€2,835
down €2,835 (-28.4%), from €9,992 to €7,158
of which Remuneration and social security: -€1,492
- Staff costs -€19,625
down €19,625 (-58.2%), from €33,695 to €14,071
- Gross operating margin -€13,135
down €13,135 (-21.1%), from €62,198 to €49,063
- Other operating charges +€1,194
up €1,194 (+236%), from €505 to €1,699
- Financial charges +€1,117
up €1,117 (+34.2%), from €3,267 to €4,384
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 | €191,527 | €191,549 | +€22 | 0.0% |
| Fixed assets | 21/28 | €137,653 | €116,961 | -€20,692 | -15.0% |
| Tangible fixed assets | 22/27 | €137,653 | €116,961 | -€20,692 | -15.0% |
| Plant, machinery and equipment | 23 | €46,433 | €42,172 | -€4,261 | -9.2% |
| Furniture and vehicles | 24 | €892 | - | -€892 | |
| Other tangible fixed assets | 26 | €90,328 | €74,789 | -€15,539 | -17.2% |
| Current assets | 29/58 | €53,874 | €74,588 | +€20,713 | +38.4% |
| Stocks and contracts in progress | 3 | €16,351 | €15,501 | -€850 | -5.2% |
| Stocks | 30/36 | €16,351 | €15,501 | -€850 | -5.2% |
| Amounts receivable within one year | 40/41 | €29,440 | €52,909 | +€23,469 | +79.7% |
| Trade receivables | 40 | €20,283 | €42,860 | +€22,577 | +111% |
| Other amounts receivable | 41 | €9,157 | €10,049 | +€892 | +9.7% |
| Cash at bank and in hand | 54/58 | €7,643 | €5,918 | -€1,725 | -22.6% |
| Deferred charges and accrued income | 490/1 | €440 | €260 | -€180 | -41.0% |
| Total equity and liabilities | 10/49 | €191,527 | €191,549 | +€22 | 0.0% |
| Equity | 10/15 | -€30,269 | -€26,227 | +€4,043 | +13.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,269 | -€46,227 | +€4,043 | +8.0% |
| Amounts payable | 17/49 | €221,796 | €217,775 | -€4,021 | -1.8% |
| Amounts payable after more than one year | 17 | €128,514 | €117,672 | -€10,842 | -8.4% |
| Financial debts | 170/4 | €128,514 | €117,672 | -€10,842 | -8.4% |
| Amounts payable within one year | 42/48 | €93,282 | €100,104 | +€6,821 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €12,544 | €14,378 | +€1,834 | +14.6% |
| Trade debts | 44 | €33,101 | €45,821 | +€12,721 | +38.4% |
| Suppliers | 440/4 | €33,101 | €45,821 | +€12,721 | +38.4% |
| Taxes, remuneration and social security | 45 | €9,992 | €7,158 | -€2,835 | -28.4% |
| Taxes | 450/3 | €7,737 | €6,394 | -€1,343 | -17.4% |
| Remuneration and social security | 454/9 | €2,256 | €764 | -€1,492 | -66.1% |
| Other amounts payable | 47/48 | €37,645 | €32,746 | -€4,898 | -13.0% |
| Remuneration, social security and pensions | 62 | €33,695 | €14,071 | -€19,625 | -58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,814 | €25,369 | +€555 | +2.2% |
| Other operating charges | 640/8 | €505 | €1,699 | +€1,194 | +236% |
| Gross operating margin | 9900 | €62,198 | €49,063 | -€13,135 | -21.1% |
| Operating profit (loss) | 9901 | €3,184 | €7,925 | +€4,742 | +149% |
| Financial income | 75/76B | €290 | €502 | +€212 | +72.9% |
| Recurring financial income | 75 | €290 | €502 | +€212 | +72.9% |
| Financial charges | 65/66B | €3,267 | €4,384 | +€1,117 | +34.2% |
| Recurring financial charges | 65 | €3,267 | €4,384 | +€1,117 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €206 | €4,043 | +€3,836 | +1,859% |
| Profit (loss) for the period | 9904 | €206 | €4,043 | +€3,836 | +1,859% |
| Profit (loss) for the period to be appropriated | 9905 | €206 | €4,043 | +€3,836 | +1,859% |
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 25 October 2026 via checked.be.