EIZER: 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.
What changed
EIZER
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€129,267
2024 · -€121,327-€7,940
Equity
€1.2m
2024 · €1.3m-€129,267
Cash
€1,272
2024 · -+€1,272
Balance sheet total
€2.4m
2024 · €2.5m-€148,959
Largest movements
Assets
- Tangible fixed assets -€82,319
down €82,319 (-5.1%), from €1.6m to €1.5m
of which Land and buildings: -€42,959
- Receivables within one year -€69,031
down €69,031 (-11.4%), from €604,318 to €535,286
Equity and liabilities
- Profit (loss) carried forward -€129,267
down €129,267 (-23.2%), from -€557,381 to -€686,648
- Other debts -€28,844
down €28,844 (-3.5%), from €818,957 to €790,113
Income statement
- Turnover +€44,477
up €44,477 (+16.1%), from €275,646 to €320,123
- Purchases and services +€40,608
up €40,608 (+17.4%), from €233,514 to €274,123
- Other operating charges +€22,318
up €22,318 (+40.4%), from €55,177 to €77,495
- Taxes -€10,029
no longer reported in 2025 (was €10,029)
- Depreciation -€5,418
down €5,418 (-5.6%), from €97,504 to €92,086
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.
Result 2024
-€121,327
Gross operating margin
+€3,869
Staff costs
+€67
Depreciation
+€5,418
Other operating charges
-€22,318
Financial income
-€90
Financial charges
-€4,915
Taxes
+€10,029
Result 2025
-€129,267
raises the resultlowers the result
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.
From operations
-€544
Investment
-€9,767
Financing
+€11,583
Cash 2024
€0
From operations (derived)
-€544
Net result for the year
-€129,267
Depreciation
+€92,086
Receivables within one year
+€69,031
Deferred charges and accrued income
-€1,120
Trade debts
+€12,344
Tax, wage and social debts
-€10,029
Other debts
-€28,844
Accrued charges and deferred income
-€4,745
Investment (derived)
-€9,767
Investment in fixed assets (net)
-€9,767
Financing
+€11,583
Short-term financial debts
+€11,583
Cash 2025
€1,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,509,610 | €2,360,651 | -€148,959 | -5.9% |
| Fixed assets | 21/28 | €1,902,394 | €1,820,075 | -€82,319 | -4.3% |
| Tangible fixed assets | 22/27 | €1,627,234 | €1,544,915 | -€82,319 | -5.1% |
| Land and buildings | 22 | €988,961 | €946,002 | -€42,959 | -4.3% |
| Plant, machinery and equipment | 23 | €546 | €175 | -€371 | -68.0% |
| Furniture and vehicles | 24 | €7,729 | €5,212 | -€2,517 | -32.6% |
| Other tangible fixed assets | 26 | €629,998 | €593,527 | -€36,472 | -5.8% |
| Financial fixed assets | 28 | €275,160 | €275,160 | = | 0.0% |
| Current assets | 29/58 | €607,216 | €540,576 | -€66,640 | -11.0% |
| Amounts receivable within one year | 40/41 | €604,318 | €535,286 | -€69,031 | -11.4% |
| Other amounts receivable | 41 | €604,318 | €535,286 | -€69,031 | -11.4% |
| Cash at bank and in hand | 54/58 | - | €1,272 | +€1,272 | |
| Deferred charges and accrued income | 490/1 | €2,899 | €4,018 | +€1,120 | +38.6% |
| Total equity and liabilities | 10/49 | €2,509,610 | €2,360,651 | -€148,959 | -5.9% |
| Equity | 10/15 | €1,309,043 | €1,179,775 | -€129,267 | -9.9% |
| Contributions | 10/11 | €1,782,354 | €1,782,354 | = | 0.0% |
| Capital | 10 | €1,782,354 | €1,782,354 | = | 0.0% |
| Issued capital | 100 | €1,782,354 | €1,782,354 | = | 0.0% |
| Reserves | 13 | €84,069 | €84,069 | = | 0.0% |
| Non-distributable reserves | 130/1 | €869 | €869 | = | 0.0% |
| Legal reserve | 130 | €869 | €869 | = | 0.0% |
| Distributable reserves | 133 | €83,201 | €83,201 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€557,381 | -€686,648 | -€129,267 | -23.2% |
| Amounts payable | 17/49 | €1,200,568 | €1,180,876 | -€19,691 | -1.6% |
| Amounts payable after more than one year | 17 | €321,505 | €321,505 | = | 0.0% |
| Financial debts | 170/4 | €321,505 | €321,505 | = | 0.0% |
| Amounts payable within one year | 42/48 | €864,471 | €849,525 | -€14,946 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €14,874 | €14,874 | = | 0.0% |
| Financial debts | 43 | €417 | €12,000 | +€11,583 | +2,779% |
| Other loans | 439 | €417 | €12,000 | +€11,583 | +2,779% |
| Trade debts | 44 | €20,195 | €32,538 | +€12,344 | +61.1% |
| Suppliers | 440/4 | €20,195 | €32,538 | +€12,344 | +61.1% |
| Taxes, remuneration and social security | 45 | €10,029 | - | -€10,029 | |
| Taxes | 450/3 | €10,029 | - | -€10,029 | |
| Other amounts payable | 47/48 | €818,957 | €790,113 | -€28,844 | -3.5% |
| Accrued charges and deferred income | 492/3 | €14,592 | €9,846 | -€4,745 | -32.5% |
| Turnover | 70 | €275,646 | €320,123 | +€44,477 | +16.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €233,514 | €274,123 | +€40,608 | +17.4% |
| Remuneration, social security and pensions | 62 | €67 | - | -€67 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,504 | €92,086 | -€5,418 | -5.6% |
| Other operating charges | 640/8 | €55,177 | €77,495 | +€22,318 | +40.4% |
| Gross operating margin | 9900 | €42,131 | €46,000 | +€3,869 | +9.2% |
| Operating profit (loss) | 9901 | -€110,616 | -€123,581 | -€12,964 | -11.7% |
| Financial income | 75/76B | €184 | €95 | -€90 | -48.7% |
| Recurring financial income | 75 | €184 | €95 | -€90 | -48.7% |
| Financial charges | 65/66B | €866 | €5,781 | +€4,915 | +567% |
| Recurring financial charges | 65 | €866 | €5,781 | +€4,915 | +567% |
| Profit (loss) for the period before taxes | 9903 | -€111,298 | -€129,267 | -€17,969 | -16.1% |
| Income taxes | 67/77 | €10,029 | - | -€10,029 | |
| Profit (loss) for the period | 9904 | -€121,327 | -€129,267 | -€7,940 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,327 | -€129,267 | -€7,940 | -6.5% |
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 19 October 2026 via checked.be.