EILAND 07: 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.
EILAND 07
Largest movements
- Stocks and contracts -€416,997
no longer reported in 2025 (was €416,997)
- Tangible fixed assets -€191,601
down €191,601 (-84.5%), from €226,788 to €35,187
of which Land and buildings: -€182,622
- Cash +€118,116
up €118,116 (+5432.9%), from €2,174 to €120,290
mainly Stocks and contracts (+€416,997) and Investment in fixed assets (net) (+€151,893)
- Receivables within one year -€97,563
down €97,563 (-31.6%), from €308,510 to €210,947
of which Other amounts receivable: -€74,431
- Financial fixed assets +€27,200
up €27,200 (+219.4%), from €12,400 to €39,600
- Other debts -€315,687
down €315,687 (-74.3%), from €424,606 to €108,918
- Short-term financial debts -€298,455
no longer reported in 2025 (was €298,455)
- Debts after one year -€100,311
no longer reported in 2025 (was €100,311)
- Reserves +€81,659
up €81,659 (+234.3%), from €34,859 to €116,518
of which Tax-exempt reserves: +€63,186
- Profit (loss) carried forward +€24,459
no longer reported in 2025 (was -€24,459)
- Gross operating margin +€156,536
up €156,536 (+284.3%), from €55,055 to €211,591
- Taxes +€17,719
up €17,719 (+9642.8%), from €184 to €17,902
- Depreciation -€4,019
down €4,019 (-24.3%), from €16,528 to €12,508
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 | €967,384 | €406,024 | -€561,360 | -58.0% |
| Fixed assets | 21/28 | €239,188 | €74,787 | -€164,401 | -68.7% |
| Tangible fixed assets | 22/27 | €226,788 | €35,187 | -€191,601 | -84.5% |
| Land and buildings | 22 | €189,628 | €7,006 | -€182,622 | -96.3% |
| Plant, machinery and equipment | 23 | €2,046 | - | -€2,046 | |
| Furniture and vehicles | 24 | €35,115 | €28,181 | -€6,933 | -19.7% |
| Financial fixed assets | 28 | €12,400 | €39,600 | +€27,200 | +219.4% |
| Current assets | 29/58 | €728,196 | €331,237 | -€396,959 | -54.5% |
| Stocks and contracts in progress | 3 | €416,997 | - | -€416,997 | |
| Stocks | 30/36 | €416,997 | - | -€416,997 | |
| Amounts receivable within one year | 40/41 | €308,510 | €210,947 | -€97,563 | -31.6% |
| Trade receivables | 40 | €108,510 | €85,379 | -€23,132 | -21.3% |
| Other amounts receivable | 41 | €200,000 | €125,569 | -€74,431 | -37.2% |
| Cash at bank and in hand | 54/58 | €2,174 | €120,290 | +€118,116 | +5432.9% |
| Deferred charges and accrued income | 490/1 | €514 | - | -€514 | |
| Total equity and liabilities | 10/49 | €967,384 | €406,024 | -€561,360 | -58.0% |
| Equity | 10/15 | €28,992 | €135,110 | +€106,118 | +366.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €34,859 | €116,518 | +€81,659 | +234.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €63,186 | +€63,186 | |
| Distributable reserves | 133 | €33,000 | €51,472 | +€18,472 | +56.0% |
| Profit (loss) carried forward | 14 | -€24,459 | - | +€24,459 | |
| Provisions and deferred taxes | 16 | - | €21,062 | +€21,062 | |
| Deferred taxes | 168 | - | €21,062 | +€21,062 | |
| Amounts payable | 17/49 | €938,392 | €249,852 | -€688,540 | -73.4% |
| Amounts payable after more than one year | 17 | €100,311 | - | -€100,311 | |
| Financial debts | 170/4 | €100,311 | - | -€100,311 | |
| Amounts payable within one year | 42/48 | €838,081 | €249,852 | -€588,229 | -70.2% |
| Current portion of amounts payable after more than one year | 42 | €9,354 | - | -€9,354 | |
| Financial debts | 43 | €298,455 | - | -€298,455 | |
| Credit institutions | 430/8 | €298,455 | - | -€298,455 | |
| Trade debts | 44 | €39,687 | €42,992 | +€3,305 | +8.3% |
| Suppliers | 440/4 | €39,687 | €42,992 | +€3,305 | +8.3% |
| Advances received on contracts in progress | 46 | €60,500 | €78,196 | +€17,696 | +29.3% |
| Taxes, remuneration and social security | 45 | €5,480 | €19,745 | +€14,265 | +260.3% |
| Taxes | 450/3 | €5,480 | €19,745 | +€14,265 | +260.3% |
| Other amounts payable | 47/48 | €424,606 | €108,918 | -€315,687 | -74.3% |
| Non-recurring operating income | 76A | - | €90,863 | +€90,863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,528 | €12,508 | -€4,019 | -24.3% |
| Other operating charges | 640/8 | €2,777 | €3,072 | +€295 | +10.6% |
| Non-recurring operating charges | 66A | - | €24,421 | +€24,421 | |
| Gross operating margin | 9900 | €55,055 | €211,591 | +€156,536 | +284.3% |
| Operating profit (loss) | 9901 | €35,750 | €171,589 | +€135,839 | +380.0% |
| Financial income | 75/76B | - | €178 | +€178 | |
| Recurring financial income | 75 | - | €178 | +€178 | |
| Financial charges | 65/66B | €28,018 | €26,685 | -€1,333 | -4.8% |
| Recurring financial charges | 65 | €28,018 | €26,685 | -€1,333 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €7,732 | €145,082 | +€137,350 | +1776.4% |
| Transfer to deferred taxes | 680 | - | €21,062 | +€21,062 | |
| Income taxes | 67/77 | €184 | €17,902 | +€17,719 | +9642.8% |
| Profit (loss) for the period | 9904 | €7,548 | €106,118 | +€98,569 | +1305.8% |
| Transfer to tax-exempt reserves | 689 | - | €63,186 | +€63,186 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,548 | €42,931 | +€35,383 | +468.8% |
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 12 October 2026 via checked.be.