EISBEER: 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.
EISBEER
Largest movements
- Cash +€61,541
up €61,541 (+45.3%), from €135,749 to €197,289
mainly Net result for the year (+€109,661) and Other debts (+€77,580)
- Stocks and contracts +€41,426
up €41,426 (+2642.6%), from €1,568 to €42,993
- Tangible fixed assets -€23,243
down €23,243 (-5.8%), from €398,735 to €375,491
of which Land and buildings: -€18,535
- Other debts +€77,580
up €77,580 (+113.1%), from €68,621 to €146,201
- Debts after one year -€23,425
down €23,425 (-46.2%), from €50,657 to €27,232
- Tax, wage and social debts +€17,167
up €17,167 (+117.0%), from €14,670 to €31,837
of which Taxes: +€19,072
- Reserves +€11,504
up €11,504 (+2.0%), from €571,626 to €583,129
- Gross operating margin +€31,115
up €31,115 (+18.9%), from €164,538 to €195,653
- Taxes +€14,046
up €14,046 (+35.6%), from €39,415 to €53,461
- Staff costs -€10,777
down €10,777, from €10,718 to -€59
- Depreciation -€8,832
down €8,832 (-27.5%), from €32,075 to €23,243
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €735,842 | €821,296 | +€85,454 | +11.6% |
| Fixed assets | 21/28 | €398,760 | €375,516 | -€23,243 | -5.8% |
| Tangible fixed assets | 22/27 | €398,735 | €375,491 | -€23,243 | -5.8% |
| Land and buildings | 22 | €389,691 | €371,156 | -€18,535 | -4.8% |
| Plant, machinery and equipment | 23 | €53 | €19 | -€34 | -63.7% |
| Furniture and vehicles | 24 | €8,991 | €4,316 | -€4,675 | -52.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €337,082 | €445,780 | +€108,697 | +32.2% |
| Stocks and contracts in progress | 3 | €1,568 | €42,993 | +€41,426 | +2642.6% |
| Stocks | 30/36 | €1,568 | €42,993 | +€41,426 | +2642.6% |
| Amounts receivable within one year | 40/41 | €31,269 | €34,141 | +€2,872 | +9.2% |
| Trade receivables | 40 | €24,902 | €26,088 | +€1,186 | +4.8% |
| Other amounts receivable | 41 | €6,367 | €8,054 | +€1,687 | +26.5% |
| Current investments | 50/53 | €166,384 | €169,443 | +€3,058 | +1.8% |
| Cash at bank and in hand | 54/58 | €135,749 | €197,289 | +€61,541 | +45.3% |
| Deferred charges and accrued income | 490/1 | €2,113 | €1,913 | -€200 | -9.5% |
| Total equity and liabilities | 10/49 | €735,842 | €821,296 | +€85,454 | +11.6% |
| Equity | 10/15 | €577,826 | €589,329 | +€11,504 | +2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €571,626 | €583,129 | +€11,504 | +2.0% |
| Distributable reserves | 133 | €571,626 | €583,129 | +€11,504 | +2.0% |
| Amounts payable | 17/49 | €158,017 | €231,967 | +€73,950 | +46.8% |
| Amounts payable after more than one year | 17 | €50,657 | €27,232 | -€23,425 | -46.2% |
| Financial debts | 170/4 | €50,657 | €27,232 | -€23,425 | -46.2% |
| Amounts payable within one year | 42/48 | €107,360 | €204,055 | +€96,695 | +90.1% |
| Current portion of amounts payable after more than one year | 42 | €23,148 | €23,425 | +€277 | +1.2% |
| Trade debts | 44 | €920 | €2,591 | +€1,671 | +181.5% |
| Suppliers | 440/4 | €920 | €2,591 | +€1,671 | +181.5% |
| Taxes, remuneration and social security | 45 | €14,670 | €31,837 | +€17,167 | +117.0% |
| Taxes | 450/3 | €11,305 | €30,377 | +€19,072 | +168.7% |
| Remuneration and social security | 454/9 | €3,365 | €1,460 | -€1,905 | -56.6% |
| Other amounts payable | 47/48 | €68,621 | €146,201 | +€77,580 | +113.1% |
| Accrued charges and deferred income | 492/3 | - | €680 | +€680 | |
| Remuneration, social security and pensions | 62 | €10,718 | -€59 | -€10,777 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,075 | €23,243 | -€8,832 | -27.5% |
| Other operating charges | 640/8 | €2,809 | €3,900 | +€1,091 | +38.8% |
| Gross operating margin | 9900 | €164,538 | €195,653 | +€31,115 | +18.9% |
| Operating profit (loss) | 9901 | €118,936 | €168,569 | +€49,634 | +41.7% |
| Financial income | 75/76B | €1,640 | €878 | -€763 | -46.5% |
| Recurring financial income | 75 | €1,640 | €878 | -€763 | -46.5% |
| Financial charges | 65/66B | €5,812 | €6,325 | +€513 | +8.8% |
| Recurring financial charges | 65 | €5,812 | €6,325 | +€513 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €114,764 | €163,122 | +€48,358 | +42.1% |
| Income taxes | 67/77 | €39,415 | €53,461 | +€14,046 | +35.6% |
| Profit (loss) for the period | 9904 | €75,349 | €109,661 | +€34,312 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,349 | €109,661 | +€34,312 | +45.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.