EEUWENAERT: 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.
EEUWENAERT
Largest movements
- Current investments -€150,097
down €150,097 (-92.3%), from €162,668 to €12,571
- Cash +€140,282
up €140,282 (+72.6%), from €193,243 to €333,525
mainly Current investments (+€150,097) and Net result for the year (+€42,991)
- Receivables within one year +€30,894
up €30,894 (+42.6%), from €72,569 to €103,464
of which Trade receivables: +€34,024
- Tangible fixed assets -€6,225
down €6,225 (-65.3%), from €9,532 to €3,307
of which Furniture and vehicles: -€5,333
- Reserves +€18,781
up €18,781 (+8.1%), from €233,056 to €251,837
of which Distributable reserves: +€18,781
- Other debts -€12,810
down €12,810 (-15.7%), from €81,368 to €68,558
- Trade debts +€8,300
up €8,300 (+28.3%), from €29,300 to €37,600
- Staff costs -€15,237
down €15,237 (-20.0%), from €76,249 to €61,013
- Taxes +€5,990
up €5,990 (+48.9%), from €12,258 to €18,248
- Gross operating margin +€5,771
up €5,771 (+4.4%), from €130,168 to €135,939
- Depreciation +€2,906
up €2,906 (+87.6%), from €3,319 to €6,225
- Other operating charges +€2,163
up €2,163 (+136%), from €1,588 to €3,751
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 | €438,301 | €453,155 | +€14,855 | +3.4% |
| Fixed assets | 21/28 | €9,820 | €3,596 | -€6,225 | -63.4% |
| Tangible fixed assets | 22/27 | €9,532 | €3,307 | -€6,225 | -65.3% |
| Land and buildings | 22 | €1,217 | €1,036 | -€180 | -14.8% |
| Plant, machinery and equipment | 23 | €712 | - | -€712 | |
| Furniture and vehicles | 24 | €7,603 | €2,271 | -€5,333 | -70.1% |
| Financial fixed assets | 28 | €289 | €289 | = | 0.0% |
| Current assets | 29/58 | €428,480 | €449,560 | +€21,080 | +4.9% |
| Amounts receivable within one year | 40/41 | €72,569 | €103,464 | +€30,894 | +42.6% |
| Trade receivables | 40 | €61,179 | €95,203 | +€34,024 | +55.6% |
| Other amounts receivable | 41 | €11,391 | €8,261 | -€3,130 | -27.5% |
| Current investments | 50/53 | €162,668 | €12,571 | -€150,097 | -92.3% |
| Cash at bank and in hand | 54/58 | €193,243 | €333,525 | +€140,282 | +72.6% |
| Total equity and liabilities | 10/49 | €438,301 | €453,155 | +€14,855 | +3.4% |
| Equity | 10/15 | €303,057 | €321,838 | +€18,781 | +6.2% |
| Contributions | 10/11 | €70,001 | €70,001 | = | 0.0% |
| Reserves | 13 | €233,056 | €251,837 | +€18,781 | +8.1% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €226,056 | €244,837 | +€18,781 | +8.3% |
| Amounts payable | 17/49 | €135,244 | €131,317 | -€3,927 | -2.9% |
| Amounts payable within one year | 42/48 | €135,244 | €131,317 | -€3,927 | -2.9% |
| Trade debts | 44 | €29,300 | €37,600 | +€8,300 | +28.3% |
| Suppliers | 440/4 | €29,300 | €37,600 | +€8,300 | +28.3% |
| Taxes, remuneration and social security | 45 | €24,576 | €25,159 | +€583 | +2.4% |
| Taxes | 450/3 | €17,785 | €20,360 | +€2,575 | +14.5% |
| Remuneration and social security | 454/9 | €6,791 | €4,799 | -€1,992 | -29.3% |
| Other amounts payable | 47/48 | €81,368 | €68,558 | -€12,810 | -15.7% |
| Non-recurring operating income | 76A | €4,215 | €1,210 | -€3,005 | -71.3% |
| Remuneration, social security and pensions | 62 | €76,249 | €61,013 | -€15,237 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,319 | €6,225 | +€2,906 | +87.6% |
| Other operating charges | 640/8 | €1,588 | €3,751 | +€2,163 | +136% |
| Non-recurring operating charges | 66A | €6,078 | - | -€6,078 | |
| Gross operating margin | 9900 | €130,168 | €135,939 | +€5,771 | +4.4% |
| Operating profit (loss) | 9901 | €42,934 | €64,951 | +€22,017 | +51.3% |
| Financial income | 75/76B | €1,130 | €1,528 | +€399 | +35.3% |
| Recurring financial income | 75 | €1,130 | €1,528 | +€399 | +35.3% |
| Financial charges | 65/66B | €5,060 | €5,240 | +€179 | +3.5% |
| Recurring financial charges | 65 | €5,060 | €5,240 | +€179 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €39,003 | €61,240 | +€22,236 | +57.0% |
| Income taxes | 67/77 | €12,258 | €18,248 | +€5,990 | +48.9% |
| Profit (loss) for the period | 9904 | €26,746 | €42,991 | +€16,246 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,746 | €42,991 | +€16,246 | +60.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.