EIRE & KO: 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.
EIRE & KO
Largest movements
- Tangible fixed assets -€19,715
down €19,715 (-6.1%), from €325,055 to €305,340
of which Plant, machinery and equipment: -€18,637
- Deferred charges and accrued income +€5,345
up €5,345 (+35.9%), from €14,877 to €20,222
- Profit (loss) carried forward -€17,706
down €17,706 (-5.9%), from -€299,277 to -€316,983
- Depreciation -€8,207
down €8,207 (-29.4%), from €27,922 to €19,715
- Gross operating margin -€1,158
down €1,158 (-14.0%), from €8,283 to €7,124
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 | €343,246 | €325,692 | -€17,554 | -5.1% |
| Fixed assets | 21/28 | €325,080 | €305,365 | -€19,715 | -6.1% |
| Tangible fixed assets | 22/27 | €325,055 | €305,340 | -€19,715 | -6.1% |
| Land and buildings | 22 | €228,429 | €227,499 | -€930 | -0.4% |
| Plant, machinery and equipment | 23 | €96,478 | €77,841 | -€18,637 | -19.3% |
| Furniture and vehicles | 24 | €148 | - | -€148 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €18,166 | €20,328 | +€2,161 | +11.9% |
| Amounts receivable within one year | 40/41 | €3,018 | - | -€3,018 | |
| Other amounts receivable | 41 | €3,018 | - | -€3,018 | |
| Cash at bank and in hand | 54/58 | €272 | €105 | -€166 | -61.2% |
| Deferred charges and accrued income | 490/1 | €14,877 | €20,222 | +€5,345 | +35.9% |
| Total equity and liabilities | 10/49 | €343,246 | €325,692 | -€17,554 | -5.1% |
| Equity | 10/15 | €340,723 | €323,017 | -€17,706 | -5.2% |
| Contributions | 10/11 | €640,000 | €640,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€299,277 | -€316,983 | -€17,706 | -5.9% |
| Amounts payable | 17/49 | €2,523 | €2,675 | +€153 | +6.0% |
| Amounts payable within one year | 42/48 | €2,209 | €2,600 | +€392 | +17.7% |
| Trade debts | 44 | €1,776 | €2,312 | +€536 | +30.2% |
| Suppliers | 440/4 | €1,776 | €2,312 | +€536 | +30.2% |
| Other amounts payable | 47/48 | €433 | €289 | -€144 | -33.3% |
| Accrued charges and deferred income | 492/3 | €314 | €75 | -€239 | -76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,922 | €19,715 | -€8,207 | -29.4% |
| Other operating charges | 640/8 | €1,940 | €1,999 | +€59 | +3.0% |
| Non-recurring operating charges | 66A | - | €3,018 | +€3,018 | |
| Gross operating margin | 9900 | €8,283 | €7,124 | -€1,158 | -14.0% |
| Operating profit (loss) | 9901 | -€21,579 | -€17,607 | +€3,972 | +18.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €92 | €99 | +€8 | +8.3% |
| Recurring financial charges | 65 | €92 | €99 | +€8 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,668 | -€17,706 | +€3,962 | +18.3% |
| Profit (loss) for the period | 9904 | -€21,668 | -€17,706 | +€3,962 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,668 | -€17,706 | +€3,962 | +18.3% |
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 6 October 2026 via checked.be.