EICHER: 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.
What changed
EICHER
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€60,347
2024 · -€34,014-€26,333
Equity
€110,760
2024 · €171,108-€60,347
Cash
€476
2024 · €1,335-€859
Balance sheet total
€1.5m
2024 · €1.5m-€2,552
Largest movements
Assets
- Receivables within one year +€19,875
up €19,875 (+13.7%), from €145,395 to €165,270
of which Trade receivables: +€20,631
Equity and liabilities
- Other debts +€86,319
up €86,319 (+8.1%), from €1.1m to €1.2m
- Profit (loss) carried forward -€60,347
down €60,347 (-18.6%), from -€324,455 to -€384,802
Income statement
- Gross operating margin -€14,783
down €14,783 (-8.2%), from €179,853 to €165,069
- Staff costs +€13,446
up €13,446 (+8.4%), from €160,459 to €173,904
- Other operating charges -€2,719
down €2,719 (-41.8%), from €6,509 to €3,790
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.
Result 2024
-€34,014
Gross operating margin
-€14,783
Staff costs
-€13,446
Depreciation
+€1
Other operating charges
+€2,719
Financial income
-€1,075
Financial charges
+€305
Taxes
-€53
Result 2025
-€60,347
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.
From operations
+€37,690
Investment
-€28,165
Financing
-€10,384
Cash 2024
€1,335
From operations (derived)
+€37,690
Net result for the year
-€60,347
Depreciation
+€39,877
Stocks and contracts
+€9,855
Receivables within one year
-€19,875
Trade debts
-€14,015
Tax, wage and social debts
-€2,795
Other debts
+€86,319
Accrued charges and deferred income
-€1,329
Investment (derived)
-€28,165
Investment in fixed assets (net)
-€28,165
Financing
-€10,384
Debts after one year
+€1,854
Current portion of long-term debt
-€11,011
Short-term financial debts
-€1,227
Cash 2025
€476
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,523,811 | €1,521,259 | -€2,552 | -0.2% |
| Fixed assets | 21/28 | €193,498 | €181,786 | -€11,713 | -6.1% |
| Tangible fixed assets | 22/27 | €190,998 | €179,286 | -€11,713 | -6.1% |
| Land and buildings | 22 | €54,271 | €57,842 | +€3,571 | +6.6% |
| Plant, machinery and equipment | 23 | €135,389 | €120,796 | -€14,594 | -10.8% |
| Furniture and vehicles | 24 | €1,338 | €648 | -€690 | -51.6% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,330,313 | €1,339,473 | +€9,161 | +0.7% |
| Stocks and contracts in progress | 3 | €1,183,583 | €1,173,728 | -€9,855 | -0.8% |
| Stocks | 30/36 | €1,183,583 | €1,173,728 | -€9,855 | -0.8% |
| Amounts receivable within one year | 40/41 | €145,395 | €165,270 | +€19,875 | +13.7% |
| Trade receivables | 40 | €144,585 | €165,216 | +€20,631 | +14.3% |
| Other amounts receivable | 41 | €810 | €53 | -€756 | -93.4% |
| Cash at bank and in hand | 54/58 | €1,335 | €476 | -€859 | -64.4% |
| Total equity and liabilities | 10/49 | €1,523,811 | €1,521,259 | -€2,552 | -0.2% |
| Equity | 10/15 | €171,108 | €110,760 | -€60,347 | -35.3% |
| Contributions | 10/11 | €462,000 | €462,000 | = | 0.0% |
| Capital | 10 | €462,000 | €462,000 | = | 0.0% |
| Issued capital | 100 | €462,000 | €462,000 | = | 0.0% |
| Reserves | 13 | €33,563 | €33,563 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,100 | €23,100 | = | 0.0% |
| Legal reserve | 130 | €23,100 | €23,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €4,463 | €4,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€324,455 | -€384,802 | -€60,347 | -18.6% |
| Amounts payable | 17/49 | €1,352,703 | €1,410,498 | +€57,795 | +4.3% |
| Amounts payable after more than one year | 17 | - | €1,854 | +€1,854 | |
| Financial debts | 170/4 | - | €1,854 | +€1,854 | |
| Amounts payable within one year | 42/48 | €1,350,041 | €1,407,311 | +€57,270 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €18,273 | €7,262 | -€11,011 | -60.3% |
| Financial debts | 43 | €46,321 | €45,093 | -€1,227 | -2.6% |
| Credit institutions | 430/8 | €46,321 | €45,093 | -€1,227 | -2.6% |
| Trade debts | 44 | €146,566 | €132,551 | -€14,015 | -9.6% |
| Suppliers | 440/4 | €146,566 | €132,551 | -€14,015 | -9.6% |
| Taxes, remuneration and social security | 45 | €70,124 | €67,328 | -€2,795 | -4.0% |
| Taxes | 450/3 | €36,375 | €27,602 | -€8,773 | -24.1% |
| Remuneration and social security | 454/9 | €33,749 | €39,727 | +€5,977 | +17.7% |
| Other amounts payable | 47/48 | €1,068,758 | €1,155,077 | +€86,319 | +8.1% |
| Accrued charges and deferred income | 492/3 | €2,663 | €1,333 | -€1,329 | -49.9% |
| Non-recurring operating income | 76A | €321 | - | -€321 | |
| Remuneration, social security and pensions | 62 | €160,459 | €173,904 | +€13,446 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,878 | €39,877 | -€1 | 0.0% |
| Other operating charges | 640/8 | €6,509 | €3,790 | -€2,719 | -41.8% |
| Gross operating margin | 9900 | €179,853 | €165,069 | -€14,783 | -8.2% |
| Operating profit (loss) | 9901 | -€26,993 | -€52,502 | -€25,509 | -94.5% |
| Financial income | 75/76B | €1,360 | €285 | -€1,075 | -79.1% |
| Recurring financial income | 75 | €1,360 | €285 | -€1,075 | -79.1% |
| Financial charges | 65/66B | €8,184 | €7,879 | -€305 | -3.7% |
| Recurring financial charges | 65 | €8,184 | €7,879 | -€305 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€33,818 | -€60,097 | -€26,279 | -77.7% |
| Income taxes | 67/77 | €197 | €250 | +€53 | +27.1% |
| Profit (loss) for the period | 9904 | -€34,014 | -€60,347 | -€26,333 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,014 | -€60,347 | -€26,333 | -77.4% |
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 30 September 2026 via checked.be.