EEVEE: 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.
EEVEE
Largest movements
- Cash +€1.0m
up €1.0m (+2,784%), from €37,198 to €1.1m
mainly Trade debts (+€1.2m) and Debts after one year (+€1.0m)
- Receivables within one year +€955,384
up €955,384 (+127%), from €754,341 to €1.7m
of which Trade receivables: +€1.0m
- Intangible fixed assets +€108,270
up €108,270 (+9.4%), from €1.2m to €1.3m
- Trade debts +€1.2m
up €1.2m (+192%), from €609,795 to €1.8m
- Debts after one year +€1.0m
up €1.0m (+407%), from €255,697 to €1.3m
- Profit (loss) carried forward -€519,168
down €519,168 (-13.3%), from -€3.9m to -€4.4m
- Accrued charges and deferred income +€265,041
new in 2025: €265,041
- Other debts +€136,375
up €136,375 (+54.3%), from €251,380 to €387,755
- Gross operating margin +€969,349
up €969,349, from -€413,233 to €556,117
- Depreciation +€84,324
up €84,324 (+22.2%), from €379,753 to €464,077
- Staff costs +€35,743
up €35,743 (+6.1%), from €588,239 to €623,982
- Financial charges +€27,185
up €27,185 (+156%), from €17,398 to €44,583
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 | €1,977,906 | €4,082,497 | +€2.1m | +106% |
| Fixed assets | 21/28 | €1,157,752 | €1,271,128 | +€113,376 | +9.8% |
| Intangible fixed assets | 21 | €1,154,155 | €1,262,424 | +€108,270 | +9.4% |
| Tangible fixed assets | 22/27 | €3,597 | €8,704 | +€5,107 | +142% |
| Plant, machinery and equipment | 23 | €3,597 | €1,809 | -€1,788 | -49.7% |
| Furniture and vehicles | 24 | - | €6,895 | +€6,895 | |
| Current assets | 29/58 | €820,154 | €2,811,368 | +€2.0m | +243% |
| Stocks and contracts in progress | 3 | €1,784 | €4,192 | +€2,408 | +135% |
| Stocks | 30/36 | €1,784 | €4,192 | +€2,408 | +135% |
| Amounts receivable within one year | 40/41 | €754,341 | €1,709,724 | +€955,384 | +127% |
| Trade receivables | 40 | €596,603 | €1,600,170 | +€1.0m | +168% |
| Other amounts receivable | 41 | €157,738 | €109,554 | -€48,184 | -30.5% |
| Cash at bank and in hand | 54/58 | €37,198 | €1,072,679 | +€1.0m | +2,784% |
| Deferred charges and accrued income | 490/1 | €26,831 | €24,773 | -€2,058 | -7.7% |
| Total equity and liabilities | 10/49 | €1,977,906 | €4,082,497 | +€2.1m | +106% |
| Equity | 10/15 | €731,712 | €172,247 | -€559,466 | -76.5% |
| Contributions | 10/11 | €4,546,425 | €4,546,425 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,898,179 | -€4,417,347 | -€519,168 | -13.3% |
| Investment grants | 15 | €83,466 | €43,168 | -€40,298 | -48.3% |
| Amounts payable | 17/49 | €1,246,193 | €3,910,250 | +€2.7m | +214% |
| Amounts payable after more than one year | 17 | €255,697 | €1,295,468 | +€1.0m | +407% |
| Financial debts | 170/4 | €255,697 | €1,295,468 | +€1.0m | +407% |
| Amounts payable within one year | 42/48 | €990,497 | €2,349,741 | +€1.4m | +137% |
| Current portion of amounts payable after more than one year | 42 | - | €35,315 | +€35,315 | |
| Trade debts | 44 | €609,795 | €1,777,827 | +€1.2m | +192% |
| Suppliers | 440/4 | €609,795 | €1,777,827 | +€1.2m | +192% |
| Taxes, remuneration and social security | 45 | €129,322 | €148,843 | +€19,521 | +15.1% |
| Taxes | 450/3 | €5,220 | €35,332 | +€30,112 | +577% |
| Remuneration and social security | 454/9 | €124,103 | €113,512 | -€10,591 | -8.5% |
| Other amounts payable | 47/48 | €251,380 | €387,755 | +€136,375 | +54.3% |
| Accrued charges and deferred income | 492/3 | - | €265,041 | +€265,041 | |
| Remuneration, social security and pensions | 62 | €588,239 | €623,982 | +€35,743 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €379,753 | €464,077 | +€84,324 | +22.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,775 | +€2,775 | |
| Other operating charges | 640/8 | €1,095 | €1,192 | +€98 | +8.9% |
| Non-recurring operating charges | 66A | - | €4,789 | +€4,789 | |
| Gross operating margin | 9900 | -€413,233 | €556,117 | +€969,349 | |
| Operating profit (loss) | 9901 | -€1,382,320 | -€540,699 | +€841,621 | +60.9% |
| Financial income | 75/76B | €41,875 | €40,733 | -€1,142 | -2.7% |
| Recurring financial income | 75 | €41,875 | €40,733 | -€1,142 | -2.7% |
| Financial charges | 65/66B | €17,398 | €44,583 | +€27,185 | +156% |
| Recurring financial charges | 65 | €17,398 | €44,583 | +€27,185 | +156% |
| Profit (loss) for the period before taxes | 9903 | -€1,357,842 | -€544,549 | +€813,294 | +59.9% |
| Income taxes | 67/77 | -€23,524 | -€25,381 | -€1,857 | -7.9% |
| Profit (loss) for the period | 9904 | -€1,334,318 | -€519,168 | +€815,151 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,334,318 | -€519,168 | +€815,151 | +61.1% |
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 16 October 2026 via checked.be.