EIGEN KWEEK: 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.
EIGEN KWEEK
Largest movements
- Tangible fixed assets +€340,180
up €340,180 (+5515.3%), from €6,168 to €346,348
of which Assets under construction and advance payments: +€345,195
- Cash -€129,017
down €129,017 (-92.7%), from €139,245 to €10,228
mainly Investment in fixed assets (net) (-€345,195) and Receivables within one year (-€16,825)
- Receivables within one year +€16,825
up €16,825 (+44.9%), from €37,473 to €54,299
of which Other amounts receivable: +€12,953
- Debts after one year +€160,000
new in 2025: €160,000
- Trade debts +€34,407
up €34,407 (+1031.9%), from €3,334 to €37,741
- Profit (loss) carried forward +€15,642
up €15,642 (+12.7%), from €122,704 to €138,346
- Tax, wage and social debts +€13,041
up €13,041 (+59.1%), from €22,079 to €35,120
of which Remuneration and social security: +€23,598
- Depreciation -€13,145
down €13,145 (-72.4%), from €18,160 to €5,015
- Gross operating margin +€12,023
up €12,023 (+19.0%), from €63,213 to €75,236
- Staff costs +€9,683
up €9,683 (+28.6%), from €33,836 to €43,520
- Taxes +€2,871
up €2,871 (+44.3%), from €6,475 to €9,346
- Financial income -€905
down €905 (-100.0%), from €905 to €0
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 | €183,047 | €411,035 | +€227,988 | +124.6% |
| Fixed assets | 21/28 | €6,328 | €346,508 | +€340,180 | +5375.8% |
| Tangible fixed assets | 22/27 | €6,168 | €346,348 | +€340,180 | +5515.3% |
| Plant, machinery and equipment | 23 | €1,310 | €1,153 | -€158 | -12.0% |
| Furniture and vehicles | 24 | €4,858 | €0 | -€4,858 | -100.0% |
| Assets under construction and advance payments | 27 | - | €345,195 | +€345,195 | |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €176,719 | €64,527 | -€112,192 | -63.5% |
| Amounts receivable within one year | 40/41 | €37,473 | €54,299 | +€16,825 | +44.9% |
| Trade receivables | 40 | €37,195 | €41,067 | +€3,872 | +10.4% |
| Other amounts receivable | 41 | €278 | €13,232 | +€12,953 | +4651.8% |
| Cash at bank and in hand | 54/58 | €139,245 | €10,228 | -€129,017 | -92.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €183,047 | €411,035 | +€227,988 | +124.6% |
| Equity | 10/15 | €157,634 | €173,275 | +€15,642 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,329 | €16,329 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | €14,469 | €14,469 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €122,704 | €138,346 | +€15,642 | +12.7% |
| Amounts payable | 17/49 | €25,413 | €237,759 | +€212,346 | +835.6% |
| Amounts payable after more than one year | 17 | - | €160,000 | +€160,000 | |
| Financial debts | 170/4 | - | €160,000 | +€160,000 | |
| Amounts payable within one year | 42/48 | €25,413 | €76,888 | +€51,475 | +202.6% |
| Trade debts | 44 | €3,334 | €37,741 | +€34,407 | +1031.9% |
| Suppliers | 440/4 | €3,334 | €37,741 | +€34,407 | +1031.9% |
| Taxes, remuneration and social security | 45 | €22,079 | €35,120 | +€13,041 | +59.1% |
| Taxes | 450/3 | €22,079 | €11,522 | -€10,556 | -47.8% |
| Remuneration and social security | 454/9 | €0 | €23,598 | +€23,598 | |
| Other amounts payable | 47/48 | €0 | €4,027 | +€4,027 | |
| Accrued charges and deferred income | 492/3 | - | €871 | +€871 | |
| Remuneration, social security and pensions | 62 | €33,836 | €43,520 | +€9,683 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,160 | €5,015 | -€13,145 | -72.4% |
| Other operating charges | 640/8 | €603 | €619 | +€16 | +2.7% |
| Gross operating margin | 9900 | €63,213 | €75,236 | +€12,023 | +19.0% |
| Operating profit (loss) | 9901 | €10,613 | €26,082 | +€15,469 | +145.8% |
| Financial income | 75/76B | €905 | €0 | -€905 | -100.0% |
| Recurring financial income | 75 | €905 | €0 | -€905 | -100.0% |
| Financial charges | 65/66B | €514 | €1,094 | +€580 | +112.8% |
| Recurring financial charges | 65 | €514 | €1,094 | +€580 | +112.8% |
| Profit (loss) for the period before taxes | 9903 | €11,004 | €24,988 | +€13,984 | +127.1% |
| Income taxes | 67/77 | €6,475 | €9,346 | +€2,871 | +44.3% |
| Profit (loss) for the period | 9904 | €4,529 | €15,642 | +€11,113 | +245.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,529 | €15,642 | +€11,113 | +245.4% |
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 5 October 2026 via checked.be.