EI4B: 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.
EI4B
Largest movements
- Cash -€7,877
down €7,877 (-90.4%), from €8,712 to €835
mainly Net result for the year (-€5,029) and Other debts (-€3,701)
- Tangible fixed assets -€2,194
down €2,194 (-41.7%), from €5,258 to €3,064
of which Plant, machinery and equipment: -€1,477
- Receivables within one year +€766
up €766 (+9.5%), from €8,083 to €8,848
of which Trade receivables: +€591
- Deferred charges and accrued income +€252
new in 2025: €252
- Profit (loss) carried forward -€5,029
down €5,029 (-14.5%), from -€34,594 to -€39,623
- Other debts -€3,701
down €3,701 (-9.8%), from €37,640 to €33,939
- Trade debts -€323
down €323 (-73.9%), from €437 to €114
- Gross operating margin -€7,950
down €7,950, from €6,383 to -€1,566
- Depreciation -€2,156
down €2,156 (-49.6%), from €4,349 to €2,194
- Other operating charges +€721
up €721 (+304.3%), from €237 to €957
- Taxes -€139
down €139 (-44.4%), from €314 to €174
- Financial charges +€72
up €72 (+109.9%), from €65 to €137
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 | €22,053 | €13,000 | -€9,053 | -41.1% |
| Fixed assets | 21/28 | €5,258 | €3,064 | -€2,194 | -41.7% |
| Tangible fixed assets | 22/27 | €5,258 | €3,064 | -€2,194 | -41.7% |
| Plant, machinery and equipment | 23 | €3,973 | €2,496 | -€1,477 | -37.2% |
| Furniture and vehicles | 24 | €1,286 | €569 | -€717 | -55.8% |
| Current assets | 29/58 | €16,794 | €9,935 | -€6,859 | -40.8% |
| Amounts receivable within one year | 40/41 | €8,083 | €8,848 | +€766 | +9.5% |
| Trade receivables | 40 | €8,000 | €8,591 | +€591 | +7.4% |
| Other amounts receivable | 41 | €83 | €257 | +€175 | +211.5% |
| Cash at bank and in hand | 54/58 | €8,712 | €835 | -€7,877 | -90.4% |
| Deferred charges and accrued income | 490/1 | - | €252 | +€252 | |
| Total equity and liabilities | 10/49 | €22,053 | €13,000 | -€9,053 | -41.1% |
| Equity | 10/15 | -€16,024 | -€21,053 | -€5,029 | -31.4% |
| Contributions | 10/11 | €18,570 | €18,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,594 | -€39,623 | -€5,029 | -14.5% |
| Amounts payable | 17/49 | €38,077 | €34,053 | -€4,024 | -10.6% |
| Amounts payable within one year | 42/48 | €38,077 | €34,053 | -€4,024 | -10.6% |
| Trade debts | 44 | €437 | €114 | -€323 | -73.9% |
| Suppliers | 440/4 | €437 | €114 | -€323 | -73.9% |
| Other amounts payable | 47/48 | €37,640 | €33,939 | -€3,701 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,349 | €2,194 | -€2,156 | -49.6% |
| Other operating charges | 640/8 | €237 | €957 | +€721 | +304.3% |
| Gross operating margin | 9900 | €6,383 | -€1,566 | -€7,950 | |
| Operating profit (loss) | 9901 | €1,797 | -€4,718 | -€6,515 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €65 | €137 | +€72 | +109.9% |
| Recurring financial charges | 65 | €65 | €137 | +€72 | +109.9% |
| Profit (loss) for the period before taxes | 9903 | €1,732 | -€4,855 | -€6,587 | |
| Income taxes | 67/77 | €314 | €174 | -€139 | -44.4% |
| Profit (loss) for the period | 9904 | €1,418 | -€5,029 | -€6,447 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,418 | -€5,029 | -€6,447 |
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 28 September 2026 via checked.be.