EIFEL DEVELOPMENT: 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.
EIFEL DEVELOPMENT
Largest movements
- Cash +€7,731
up €7,731 (+713.7%), from €1,083 to €8,815
mainly Net result for the year (+€36,231) and Tax, wage and social debts (+€2,571)
- Receivables within one year +€1,254
up €1,254 (+42.3%), from €2,966 to €4,220
of which Trade receivables: +€1,272
- Tangible fixed assets +€1,109
up €1,109 (+56.9%), from €1,950 to €3,059
- Profit (loss) carried forward +€36,231
up €36,231 (+2.4%), from -€1.5m to -€1.4m
- Other debts -€28,511
down €28,511 (-1.9%), from €1.5m to €1.4m
- Tax, wage and social debts +€2,571
up €2,571 (+110.4%), from €2,329 to €4,900
- Trade debts -€198
down €198 (-9.3%), from €2,129 to €1,932
- Gross operating margin +€9,532
up €9,532 (+33.9%), from €28,123 to €37,655
- Depreciation -€567
down €567 (-38.7%), from €1,466 to €898
- Other operating charges +€387
new in 2025: €387
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 | €5,999 | €16,093 | +€10,094 | +168.3% |
| Fixed assets | 21/28 | €1,950 | €3,059 | +€1,109 | +56.9% |
| Tangible fixed assets | 22/27 | €1,950 | €3,059 | +€1,109 | +56.9% |
| Furniture and vehicles | 24 | €1,950 | €3,059 | +€1,109 | +56.9% |
| Current assets | 29/58 | €4,049 | €13,034 | +€8,985 | +221.9% |
| Amounts receivable within one year | 40/41 | €2,966 | €4,220 | +€1,254 | +42.3% |
| Trade receivables | 40 | €2,948 | €4,220 | +€1,272 | +43.1% |
| Other amounts receivable | 41 | €18 | - | -€18 | |
| Cash at bank and in hand | 54/58 | €1,083 | €8,815 | +€7,731 | +713.7% |
| Total equity and liabilities | 10/49 | €5,999 | €16,093 | +€10,094 | +168.3% |
| Equity | 10/15 | -€1,462,963 | -€1,426,731 | +€36,231 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,483,423 | -€1,447,191 | +€36,231 | +2.4% |
| Amounts payable | 17/49 | €1,468,962 | €1,442,824 | -€26,137 | -1.8% |
| Amounts payable within one year | 42/48 | €1,468,962 | €1,442,824 | -€26,137 | -1.8% |
| Trade debts | 44 | €2,129 | €1,932 | -€198 | -9.3% |
| Suppliers | 440/4 | €2,129 | €1,932 | -€198 | -9.3% |
| Taxes, remuneration and social security | 45 | €2,329 | €4,900 | +€2,571 | +110.4% |
| Taxes | 450/3 | €2,329 | €4,900 | +€2,571 | +110.4% |
| Other amounts payable | 47/48 | €1,464,503 | €1,435,992 | -€28,511 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,466 | €898 | -€567 | -38.7% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €28,123 | €37,655 | +€9,532 | +33.9% |
| Operating profit (loss) | 9901 | €26,657 | €36,369 | +€9,712 | +36.4% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €157 | €148 | -€9 | -6.0% |
| Recurring financial charges | 65 | €157 | €148 | -€9 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €26,500 | €36,231 | +€9,732 | +36.7% |
| Profit (loss) for the period | 9904 | €26,500 | €36,231 | +€9,732 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,500 | €36,231 | +€9,732 | +36.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.