EHN: 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.
EHN
Largest movements
- Tangible fixed assets -€11,000
down €11,000 (-4.7%), from €233,496 to €222,496
of which Land and buildings: -€7,748
- Debts after one year -€19,984
down €19,984 (-13.3%), from €150,557 to €130,573
- Other debts +€5,879
up €5,879 (+8.8%), from €66,789 to €72,669
- Profit (loss) carried forward +€2,823
up €2,823 (+8.1%), from -€34,979 to -€32,156
- Gross operating margin -€2,577
down €2,577 (-11.8%), from €21,823 to €19,246
- Financial charges -€851
down €851 (-13.6%), from €6,274 to €5,422
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 | €237,715 | €226,850 | -€10,865 | -4.6% |
| Fixed assets | 21/28 | €233,496 | €222,496 | -€11,000 | -4.7% |
| Tangible fixed assets | 22/27 | €233,496 | €222,496 | -€11,000 | -4.7% |
| Land and buildings | 22 | €221,342 | €213,594 | -€7,748 | -3.5% |
| Other tangible fixed assets | 26 | €12,154 | €8,902 | -€3,252 | -26.8% |
| Current assets | 29/58 | €4,219 | €4,354 | +€135 | +3.2% |
| Amounts receivable within one year | 40/41 | €4,215 | €4,350 | +€135 | +3.2% |
| Trade receivables | 40 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 41 | €215 | €350 | +€135 | +62.5% |
| Cash at bank and in hand | 54/58 | €4 | €4 | +€0 | +10.2% |
| Total equity and liabilities | 10/49 | €237,715 | €226,850 | -€10,865 | -4.6% |
| Equity | 10/15 | -€4,486 | -€1,663 | +€2,823 | +62.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €493 | €493 | = | 0.0% |
| Non-distributable reserves | 130/1 | €493 | €493 | = | 0.0% |
| Reserves not available under the articles | 1311 | €493 | €493 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,979 | -€32,156 | +€2,823 | +8.1% |
| Amounts payable | 17/49 | €242,201 | €228,512 | -€13,689 | -5.7% |
| Amounts payable after more than one year | 17 | €150,557 | €130,573 | -€19,984 | -13.3% |
| Financial debts | 170/4 | €150,557 | €130,573 | -€19,984 | -13.3% |
| Amounts payable within one year | 42/48 | €91,644 | €97,939 | +€6,295 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €23,245 | €25,271 | +€2,025 | +8.7% |
| Trade debts | 44 | €1,265 | - | -€1,265 | |
| Suppliers | 440/4 | €1,265 | - | -€1,265 | |
| Taxes, remuneration and social security | 45 | €345 | - | -€345 | |
| Taxes | 450/3 | €345 | - | -€345 | |
| Other amounts payable | 47/48 | €66,789 | €72,669 | +€5,879 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,000 | €11,000 | +€0 | 0.0% |
| Other operating charges | 640/8 | €88 | - | -€88 | |
| Gross operating margin | 9900 | €21,823 | €19,246 | -€2,577 | -11.8% |
| Operating profit (loss) | 9901 | €10,734 | €8,246 | -€2,489 | -23.2% |
| Financial charges | 65/66B | €6,274 | €5,422 | -€851 | -13.6% |
| Recurring financial charges | 65 | €6,274 | €5,422 | -€851 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €4,461 | €2,823 | -€1,637 | -36.7% |
| Profit (loss) for the period | 9904 | €4,461 | €2,823 | -€1,637 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,461 | €2,823 | -€1,637 | -36.7% |
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.