EIDO PROJECTS: 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.
EIDO PROJECTS
Largest movements
- Cash +€74,310
up €74,310 (+100.5%), from €73,940 to €148,250
mainly Net result for the year (+€37,086) and Other debts (+€29,669)
- Current investments -€29,589
down €29,589 (-26.8%), from €110,310 to €80,721
- Tangible fixed assets -€6,698
down €6,698 (-34.0%), from €19,719 to €13,021
of which Furniture and vehicles: -€7,894
- Deferred charges and accrued income -€5,811
down €5,811 (-28.9%), from €20,122 to €14,310
- Other debts +€29,669
up €29,669 (+1262.1%), from €2,351 to €32,019
- Reserves +€8,429
up €8,429 (+4.4%), from €192,360 to €200,789
of which Distributable reserves: +€8,429
- Current portion of long-term debt -€6,228
no longer reported in 2025 (was €6,228)
- Turnover +€12,350
up €12,350 (+6.9%), from €177,817 to €190,167
- Purchases and services +€8,712
up €8,712 (+7.0%), from €124,154 to €132,866
- Financial income -€3,649
down €3,649 (-74.3%), from €4,908 to €1,260
of which Non-recurring financial income: -€3,608
- Gross operating margin +€2,981
up €2,981 (+5.5%), from €54,320 to €57,301
- Other operating charges -€2,379
down €2,379 (-68.1%), from €3,491 to €1,112
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 | €226,591 | €260,122 | +€33,532 | +14.8% |
| Fixed assets | 21/28 | €19,719 | €13,021 | -€6,698 | -34.0% |
| Tangible fixed assets | 22/27 | €19,719 | €13,021 | -€6,698 | -34.0% |
| Plant, machinery and equipment | 23 | - | €1,196 | +€1,196 | |
| Furniture and vehicles | 24 | €19,719 | €11,825 | -€7,894 | -40.0% |
| Current assets | 29/58 | €206,872 | €247,102 | +€40,230 | +19.4% |
| Amounts receivable within one year | 40/41 | €2,500 | €3,820 | +€1,320 | +52.8% |
| Trade receivables | 40 | €1,180 | €2,806 | +€1,626 | +137.7% |
| Other amounts receivable | 41 | €1,320 | €1,014 | -€306 | -23.2% |
| Current investments | 50/53 | €110,310 | €80,721 | -€29,589 | -26.8% |
| Cash at bank and in hand | 54/58 | €73,940 | €148,250 | +€74,310 | +100.5% |
| Deferred charges and accrued income | 490/1 | €20,122 | €14,310 | -€5,811 | -28.9% |
| Total equity and liabilities | 10/49 | €226,591 | €260,122 | +€33,532 | +14.8% |
| Equity | 10/15 | €199,326 | €207,841 | +€8,515 | +4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €192,360 | €200,789 | +€8,429 | +4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €190,500 | €198,929 | +€8,429 | +4.4% |
| Profit (loss) carried forward | 14 | €766 | €852 | +€86 | +11.3% |
| Amounts payable | 17/49 | €27,265 | €52,281 | +€25,017 | +91.8% |
| Amounts payable within one year | 42/48 | €22,449 | €47,466 | +€25,017 | +111.4% |
| Current portion of amounts payable after more than one year | 42 | €6,228 | - | -€6,228 | |
| Trade debts | 44 | €1,332 | €603 | -€729 | -54.7% |
| Suppliers | 440/4 | €1,332 | €603 | -€729 | -54.7% |
| Taxes, remuneration and social security | 45 | €12,537 | €14,843 | +€2,306 | +18.4% |
| Taxes | 450/3 | €12,537 | €11,693 | -€844 | -6.7% |
| Remuneration and social security | 454/9 | - | €3,150 | +€3,150 | |
| Other amounts payable | 47/48 | €2,351 | €32,019 | +€29,669 | +1262.1% |
| Accrued charges and deferred income | 492/3 | €4,816 | €4,816 | = | 0.0% |
| Turnover | 70 | €177,817 | €190,167 | +€12,350 | +6.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €124,154 | €132,866 | +€8,712 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,187 | €8,494 | +€307 | +3.8% |
| Other operating charges | 640/8 | €3,491 | €1,112 | -€2,379 | -68.1% |
| Non-recurring operating charges | 66A | €3,155 | €201 | -€2,954 | -93.6% |
| Gross operating margin | 9900 | €54,320 | €57,301 | +€2,981 | +5.5% |
| Operating profit (loss) | 9901 | €39,488 | €47,494 | +€8,006 | +20.3% |
| Financial income | 75/76B | €4,908 | €1,260 | -€3,649 | -74.3% |
| Recurring financial income | 75 | €1,300 | €1,260 | -€40 | -3.1% |
| Non-recurring financial income | 76B | €3,608 | - | -€3,608 | |
| Financial charges | 65/66B | €231 | €244 | +€14 | +5.9% |
| Recurring financial charges | 65 | €231 | €244 | +€14 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €44,166 | €48,510 | +€4,344 | +9.8% |
| Income taxes | 67/77 | €11,487 | €11,423 | -€64 | -0.6% |
| Profit (loss) for the period | 9904 | €32,679 | €37,086 | +€4,408 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,679 | €37,086 | +€4,408 | +13.5% |
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 9 October 2026 via checked.be.