EISHA: 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.
EISHA
Largest movements
- Tangible fixed assets -€22,257
down €22,257 (-8.4%), from €263,839 to €241,582
- Cash +€7,833
up €7,833 (+324%), from €2,420 to €10,253
mainly Depreciation (+€29,314) and Trade debts (+€2,212)
- Debts after one year -€17,616
down €17,616 (-8.7%), from €203,403 to €185,786
- Gross operating margin +€7,901
up €7,901 (+32.1%), from €24,640 to €32,541
- Taxes +€428
no longer reported in 2025 (was -€428)
- Other operating charges -€345
down €345 (-26.0%), from €1,327 to €982
- Depreciation +€345
up €345 (+1.2%), from €28,969 to €29,314
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 | €270,666 | €257,684 | -€12,982 | -4.8% |
| Fixed assets | 21/28 | €263,839 | €241,582 | -€22,257 | -8.4% |
| Tangible fixed assets | 22/27 | €263,839 | €241,582 | -€22,257 | -8.4% |
| Land and buildings | 22 | €263,839 | €241,582 | -€22,257 | -8.4% |
| Current assets | 29/58 | €6,827 | €16,101 | +€9,274 | +136% |
| Amounts receivable within one year | 40/41 | €3,642 | €4,924 | +€1,281 | +35.2% |
| Trade receivables | 40 | €2,990 | €4,924 | +€1,934 | +64.7% |
| Other amounts receivable | 41 | €653 | - | -€653 | |
| Cash at bank and in hand | 54/58 | €2,420 | €10,253 | +€7,833 | +324% |
| Deferred charges and accrued income | 490/1 | €765 | €924 | +€159 | +20.8% |
| Total equity and liabilities | 10/49 | €270,666 | €257,684 | -€12,982 | -4.8% |
| Equity | 10/15 | €55,879 | €57,018 | +€1,139 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €167,630 | €167,630 | = | 0.0% |
| Distributable reserves | 133 | €167,630 | €167,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,351 | -€129,212 | +€1,139 | +0.9% |
| Amounts payable | 17/49 | €214,787 | €200,666 | -€14,122 | -6.6% |
| Amounts payable after more than one year | 17 | €203,403 | €185,786 | -€17,616 | -8.7% |
| Financial debts | 170/4 | €203,403 | €185,786 | -€17,616 | -8.7% |
| Amounts payable within one year | 42/48 | €10,869 | €14,824 | +€3,955 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €9,069 | €9,203 | +€133 | +1.5% |
| Trade debts | 44 | €1,504 | €3,715 | +€2,212 | +147% |
| Suppliers | 440/4 | €1,504 | €3,715 | +€2,212 | +147% |
| Taxes, remuneration and social security | 45 | - | €1,604 | +€1,604 | |
| Taxes | 450/3 | - | €1,604 | +€1,604 | |
| Other amounts payable | 47/48 | €296 | €302 | +€6 | +2.0% |
| Accrued charges and deferred income | 492/3 | €516 | €55 | -€460 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,969 | €29,314 | +€345 | +1.2% |
| Other operating charges | 640/8 | €1,327 | €982 | -€345 | -26.0% |
| Gross operating margin | 9900 | €24,640 | €32,541 | +€7,901 | +32.1% |
| Operating profit (loss) | 9901 | -€5,656 | €2,246 | +€7,901 | |
| Financial income | 75/76B | €2 | €8 | +€6 | +407% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +407% |
| Financial charges | 65/66B | €1,279 | €1,114 | -€164 | -12.8% |
| Recurring financial charges | 65 | €1,279 | €1,114 | -€164 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,933 | €1,139 | +€8,072 | |
| Income taxes | 67/77 | -€428 | - | +€428 | |
| Profit (loss) for the period | 9904 | -€6,505 | €1,139 | +€7,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,505 | €1,139 | +€7,644 |
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.