EISBÄR: 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.
EISBÄR
Largest movements
- Receivables within one year -€128,883
down €128,883 (-40.4%), from €318,817 to €189,934
of which Other amounts receivable: -€75,363
- Receivables after one year -€80,000
no longer reported in 2025 (was €80,000)
- Tangible fixed assets -€12,842
down €12,842 (-29.9%), from €42,928 to €30,087
of which Plant, machinery and equipment: -€12,019
- Profit (loss) carried forward -€77,454
down €77,454, from €59,509 to -€17,945
- Other debts -€59,589
no longer reported in 2025 (was €59,589)
- Tax, wage and social debts -€56,869
down €56,869 (-61.1%), from €93,012 to €36,143
of which Taxes: -€54,010
- Current portion of long-term debt -€20,561
down €20,561 (-11.9%), from €172,292 to €151,731
- Gross operating margin -€22,956
down €22,956 (-19.2%), from €119,836 to €96,880
- Other operating charges -€13,119
down €13,119 (-60.6%), from €21,662 to €8,542
- Depreciation -€7,598
down €7,598 (-28.4%), from €26,790 to €19,191
- Taxes -€6,315
down €6,315 (-96.7%), from €6,534 to €218
- Staff costs +€3,687
up €3,687 (+10.7%), from €34,401 to €38,087
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.
Derived cash bridge
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 | €665,861 | €451,762 | -€214,100 | -32.2% |
| Fixed assets | 21/28 | €49,462 | €36,537 | -€12,926 | -26.1% |
| Tangible fixed assets | 22/27 | €42,928 | €30,087 | -€12,842 | -29.9% |
| Plant, machinery and equipment | 23 | €22,535 | €10,517 | -€12,019 | -53.3% |
| Furniture and vehicles | 24 | €14,972 | €15,314 | +€342 | +2.3% |
| Other tangible fixed assets | 26 | €5,421 | €4,256 | -€1,165 | -21.5% |
| Financial fixed assets | 28 | €6,534 | €6,450 | -€84 | -1.3% |
| Current assets | 29/58 | €616,399 | €415,225 | -€201,174 | -32.6% |
| Amounts receivable after more than one year | 29 | €80,000 | - | -€80,000 | |
| Other amounts receivable | 291 | €80,000 | - | -€80,000 | |
| Stocks and contracts in progress | 3 | €205,813 | €211,302 | +€5,489 | +2.7% |
| Stocks | 30/36 | €205,813 | €211,302 | +€5,489 | +2.7% |
| Amounts receivable within one year | 40/41 | €318,817 | €189,934 | -€128,883 | -40.4% |
| Trade receivables | 40 | €187,997 | €134,476 | -€53,521 | -28.5% |
| Other amounts receivable | 41 | €130,820 | €55,458 | -€75,363 | -57.6% |
| Cash at bank and in hand | 54/58 | €3,277 | €4,046 | +€769 | +23.5% |
| Deferred charges and accrued income | 490/1 | €8,492 | €9,943 | +€1,451 | +17.1% |
| Total equity and liabilities | 10/49 | €665,861 | €451,762 | -€214,100 | -32.2% |
| Equity | 10/15 | €226,768 | €149,315 | -€77,454 | -34.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €148,659 | €148,659 | = | 0.0% |
| Distributable reserves | 133 | €148,659 | €148,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,509 | -€17,945 | -€77,454 | |
| Amounts payable | 17/49 | €439,093 | €302,447 | -€136,646 | -31.1% |
| Amounts payable within one year | 42/48 | €439,093 | €302,447 | -€136,646 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €172,292 | €151,731 | -€20,561 | -11.9% |
| Trade debts | 44 | €114,201 | €114,574 | +€373 | +0.3% |
| Suppliers | 440/4 | €114,201 | €114,574 | +€373 | +0.3% |
| Taxes, remuneration and social security | 45 | €93,012 | €36,143 | -€56,869 | -61.1% |
| Taxes | 450/3 | €88,207 | €34,197 | -€54,010 | -61.2% |
| Remuneration and social security | 454/9 | €4,804 | €1,946 | -€2,859 | -59.5% |
| Other amounts payable | 47/48 | €59,589 | - | -€59,589 | |
| Remuneration, social security and pensions | 62 | €34,401 | €38,087 | +€3,687 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,790 | €19,191 | -€7,598 | -28.4% |
| Other operating charges | 640/8 | €21,662 | €8,542 | -€13,119 | -60.6% |
| Non-recurring operating charges | 66A | - | €84,649 | +€84,649 | |
| Gross operating margin | 9900 | €119,836 | €96,880 | -€22,956 | -19.2% |
| Operating profit (loss) | 9901 | €36,984 | -€53,590 | -€90,574 | |
| Financial income | 75/76B | €1,022 | €106 | -€916 | -89.6% |
| Recurring financial income | 75 | €1,022 | €106 | -€916 | -89.6% |
| Financial charges | 65/66B | €21,631 | €23,752 | +€2,120 | +9.8% |
| Recurring financial charges | 65 | €21,631 | €23,752 | +€2,120 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €16,375 | -€77,236 | -€93,611 | |
| Income taxes | 67/77 | €6,534 | €218 | -€6,315 | -96.7% |
| Profit (loss) for the period | 9904 | €9,842 | -€77,454 | -€87,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,842 | -€77,454 | -€87,295 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.