EIBKON: 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.
EIBKON
Largest movements
- Tangible fixed assets +€40,553
up €40,553 (+65.9%), from €61,501 to €102,054
of which Furniture and vehicles: +€51,910
- Receivables within one year +€39,582
up €39,582 (+72.2%), from €54,850 to €94,433
of which Trade receivables: +€25,734
- Cash +€17,900
up €17,900 (+23.0%), from €77,984 to €95,884
mainly Net result for the year (+€53,064) and Depreciation (+€33,663)
- Reserves +€52,762
up €52,762 (+43.2%), from €122,048 to €174,811
- Debts after one year +€25,196
up €25,196 (+84.0%), from €30,000 to €55,196
- Trade debts +€17,807
up €17,807 (+75.6%), from €23,548 to €41,356
- Current portion of long-term debt +€5,875
up €5,875 (+98.6%), from €5,961 to €11,836
- Gross operating margin +€68,855
up €68,855 (+172.5%), from €39,926 to €108,782
- Taxes +€16,451
up €16,451 (+329.2%), from €4,997 to €21,448
- Financial charges -€2,345
down €2,345 (-93.5%), from €2,507 to €163
- Depreciation +€1,543
up €1,543 (+4.8%), from €32,120 to €33,663
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 | €225,252 | €328,184 | +€102,932 | +45.7% |
| Fixed assets | 21/28 | €61,501 | €102,054 | +€40,553 | +65.9% |
| Tangible fixed assets | 22/27 | €61,501 | €102,054 | +€40,553 | +65.9% |
| Land and buildings | 22 | €28,241 | €16,241 | -€12,000 | -42.5% |
| Plant, machinery and equipment | 23 | €2,585 | €3,228 | +€643 | +24.9% |
| Furniture and vehicles | 24 | €30,675 | €82,585 | +€51,910 | +169.2% |
| Current assets | 29/58 | €163,750 | €226,130 | +€62,380 | +38.1% |
| Stocks and contracts in progress | 3 | €30,753 | €34,013 | +€3,260 | +10.6% |
| Stocks | 30/36 | €30,753 | €34,013 | +€3,260 | +10.6% |
| Amounts receivable within one year | 40/41 | €54,850 | €94,433 | +€39,582 | +72.2% |
| Trade receivables | 40 | €51,823 | €77,558 | +€25,734 | +49.7% |
| Other amounts receivable | 41 | €3,027 | €16,875 | +€13,848 | +457.5% |
| Cash at bank and in hand | 54/58 | €77,984 | €95,884 | +€17,900 | +23.0% |
| Deferred charges and accrued income | 490/1 | €163 | €1,801 | +€1,637 | +1003.6% |
| Total equity and liabilities | 10/49 | €225,252 | €328,184 | +€102,932 | +45.7% |
| Equity | 10/15 | €134,146 | €187,211 | +€53,064 | +39.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €122,048 | €174,811 | +€52,762 | +43.2% |
| Distributable reserves | 133 | €122,048 | €174,811 | +€52,762 | +43.2% |
| Profit (loss) carried forward | 14 | -€302 | €0 | +€302 | |
| Amounts payable | 17/49 | €91,105 | €140,973 | +€49,868 | +54.7% |
| Amounts payable after more than one year | 17 | €30,000 | €55,196 | +€25,196 | +84.0% |
| Financial debts | 170/4 | €30,000 | €55,196 | +€25,196 | +84.0% |
| Amounts payable within one year | 42/48 | €61,105 | €85,777 | +€24,672 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €5,961 | €11,836 | +€5,875 | +98.6% |
| Financial debts | 43 | - | €140 | +€140 | |
| Other loans | 439 | - | €140 | +€140 | |
| Trade debts | 44 | €23,548 | €41,356 | +€17,807 | +75.6% |
| Suppliers | 440/4 | €23,548 | €41,356 | +€17,807 | +75.6% |
| Taxes, remuneration and social security | 45 | €15,357 | €15,141 | -€216 | -1.4% |
| Taxes | 450/3 | €15,357 | €15,141 | -€216 | -1.4% |
| Other amounts payable | 47/48 | €16,240 | €17,305 | +€1,065 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,120 | €33,663 | +€1,543 | +4.8% |
| Other operating charges | 640/8 | €1,572 | €1,526 | -€46 | -2.9% |
| Gross operating margin | 9900 | €39,926 | €108,782 | +€68,855 | +172.5% |
| Operating profit (loss) | 9901 | €6,234 | €73,593 | +€67,359 | +1080.5% |
| Financial income | 75/76B | €969 | €1,083 | +€114 | +11.8% |
| Recurring financial income | 75 | €969 | €1,083 | +€114 | +11.8% |
| Financial charges | 65/66B | €2,507 | €163 | -€2,345 | -93.5% |
| Recurring financial charges | 65 | €2,507 | €163 | -€2,345 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | €4,695 | €74,512 | +€69,817 | +1487.0% |
| Income taxes | 67/77 | €4,997 | €21,448 | +€16,451 | +329.2% |
| Profit (loss) for the period | 9904 | -€302 | €53,064 | +€53,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€302 | €53,064 | +€53,366 |
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 11 October 2026 via checked.be.