EISENOWER: 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.
EISENOWER
Largest movements
- Cash -€10,520
down €10,520 (-26.7%), from €39,411 to €28,891
mainly Investment in fixed assets (net) (-€27,821) and Net result for the year (-€10,124)
- Profit (loss) carried forward -€10,124
down €10,124 (-5.0%), from €204,487 to €194,363
- Gross operating margin +€38,909
up €38,909 (+840%), from €4,631 to €43,540
- Other operating charges +€23,879
new in 2025: €23,879
- Taxes +€2,938
up €2,938 (+474%), from €620 to €3,558
- Depreciation +€2,751
up €2,751 (+11.1%), from €24,674 to €27,425
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 | €366,937 | €356,812 | -€10,124 | -2.8% |
| Fixed assets | 21/28 | €227,525 | €227,921 | +€396 | +0.2% |
| Tangible fixed assets | 22/27 | €227,525 | €227,921 | +€396 | +0.2% |
| Land and buildings | 22 | €179,881 | €162,031 | -€17,850 | -9.9% |
| Plant, machinery and equipment | 23 | €47,644 | €65,891 | +€18,246 | +38.3% |
| Current assets | 29/58 | €139,411 | €128,891 | -€10,520 | -7.5% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,411 | €28,891 | -€10,520 | -26.7% |
| Total equity and liabilities | 10/49 | €366,937 | €356,812 | -€10,124 | -2.8% |
| Equity | 10/15 | €250,687 | €240,563 | -€10,124 | -4.0% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Contributions outside capital | 11 | €42,000 | - | -€42,000 | |
| Share premium | 1100/10 | €42,000 | - | -€42,000 | |
| Reserves | 13 | €4,200 | €4,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,200 | €4,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,200 | €4,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,487 | €194,363 | -€10,124 | -5.0% |
| Provisions and deferred taxes | 16 | €37,989 | €37,989 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €37,989 | €37,989 | = | 0.0% |
| Major repairs and maintenance | 162 | €37,989 | €37,989 | = | 0.0% |
| Amounts payable | 17/49 | €78,261 | €78,261 | = | 0.0% |
| Amounts payable after more than one year | 17 | €78,261 | €78,261 | = | 0.0% |
| Financial debts | 170/4 | €78,261 | €78,261 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,674 | €27,425 | +€2,751 | +11.1% |
| Other operating charges | 640/8 | - | €23,879 | +€23,879 | |
| Gross operating margin | 9900 | €4,631 | €43,540 | +€38,909 | +840% |
| Operating profit (loss) | 9901 | -€20,043 | -€7,764 | +€12,280 | +61.3% |
| Financial income | 75/76B | €1,152 | €1,449 | +€298 | +25.9% |
| Recurring financial income | 75 | €1,152 | €1,449 | +€298 | +25.9% |
| Financial charges | 65/66B | €252 | €252 | = | 0.0% |
| Recurring financial charges | 65 | €252 | €252 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,144 | -€6,566 | +€12,578 | +65.7% |
| Income taxes | 67/77 | €620 | €3,558 | +€2,938 | +474% |
| Profit (loss) for the period | 9904 | -€19,764 | -€10,124 | +€9,640 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,764 | -€10,124 | +€9,640 | +48.8% |
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 13 October 2026 via checked.be.