EITJES: 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.
EITJES
Largest movements
- Cash -€28,817
down €28,817 (-13.1%), from €220,678 to €191,862
mainly Contributions, distributions and other (-€90,000) and Investment in fixed assets (net) (-€29,156)
- Tangible fixed assets +€24,606
up €24,606 (+198%), from €12,448 to €37,055
of which Furniture and vehicles: +€24,904
- Current investments +€4,629
up €4,629 (+7.3%), from €63,585 to €68,214
- Tax, wage and social debts +€14,650
up €14,650 (+21.4%), from €68,538 to €83,188
of which Taxes: +€20,955
- Other debts -€12,732
down €12,732 (-12.4%), from €102,732 to €90,000
- Gross operating margin -€24,634
down €24,634 (-5.4%), from €456,323 to €431,689
- Staff costs -€12,311
down €12,311 (-3.9%), from €316,629 to €304,317
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.
Derived cash bridge
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 | €323,332 | €326,706 | +€3,374 | +1.0% |
| Fixed assets | 21/28 | €13,378 | €37,985 | +€24,606 | +184% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,448 | €37,055 | +€24,606 | +198% |
| Plant, machinery and equipment | 23 | €10,549 | €10,702 | +€153 | +1.4% |
| Furniture and vehicles | 24 | €485 | €25,388 | +€24,904 | +5,138% |
| Other tangible fixed assets | 26 | €1,415 | €965 | -€450 | -31.8% |
| Financial fixed assets | 28 | €930 | €930 | = | 0.0% |
| Current assets | 29/58 | €309,954 | €288,721 | -€21,233 | -6.9% |
| Amounts receivable within one year | 40/41 | €22,526 | €25,397 | +€2,871 | +12.7% |
| Trade receivables | 40 | €15,949 | €15,910 | -€40 | -0.2% |
| Other amounts receivable | 41 | €6,577 | €9,487 | +€2,910 | +44.3% |
| Current investments | 50/53 | €63,585 | €68,214 | +€4,629 | +7.3% |
| Cash at bank and in hand | 54/58 | €220,678 | €191,862 | -€28,817 | -13.1% |
| Deferred charges and accrued income | 490/1 | €3,164 | €3,249 | +€84 | +2.7% |
| Total equity and liabilities | 10/49 | €323,332 | €326,706 | +€3,374 | +1.0% |
| Equity | 10/15 | €103,729 | €104,413 | +€683 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,129 | €85,813 | +€683 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,269 | €83,953 | +€683 | +0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €219,603 | €222,293 | +€2,690 | +1.2% |
| Amounts payable within one year | 42/48 | €219,603 | €222,293 | +€2,690 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €48,332 | €49,105 | +€772 | +1.6% |
| Suppliers | 440/4 | €48,332 | €49,105 | +€772 | +1.6% |
| Taxes, remuneration and social security | 45 | €68,538 | €83,188 | +€14,650 | +21.4% |
| Taxes | 450/3 | €36,211 | €57,166 | +€20,955 | +57.9% |
| Remuneration and social security | 454/9 | €32,327 | €26,022 | -€6,305 | -19.5% |
| Other amounts payable | 47/48 | €102,732 | €90,000 | -€12,732 | -12.4% |
| Remuneration, social security and pensions | 62 | €316,629 | €304,317 | -€12,311 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,281 | €4,550 | -€732 | -13.9% |
| Other operating charges | 640/8 | €1,333 | €1,263 | -€70 | -5.3% |
| Non-recurring operating charges | 66A | - | €167 | +€167 | |
| Gross operating margin | 9900 | €456,323 | €431,689 | -€24,634 | -5.4% |
| Operating profit (loss) | 9901 | €133,080 | €121,392 | -€11,688 | -8.8% |
| Financial income | 75/76B | €2,235 | €1,988 | -€247 | -11.1% |
| Recurring financial income | 75 | €2,235 | €1,988 | -€247 | -11.1% |
| Financial charges | 65/66B | €2,616 | €3,656 | +€1,040 | +39.8% |
| Recurring financial charges | 65 | €2,616 | €3,656 | +€1,040 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €132,699 | €119,724 | -€12,975 | -9.8% |
| Income taxes | 67/77 | €31,109 | €29,041 | -€2,068 | -6.6% |
| Profit (loss) for the period | 9904 | €101,591 | €90,683 | -€10,907 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €101,591 | €90,683 | -€10,907 | -10.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.