EJ Extern: what changed
EJ Extern
Largest movements
- Cash +€17,844
up €17,844 (+90.1%), from €19,811 to €37,656
mainly Net result for the year (+€16,062) and Depreciation (+€14,796)
- Tangible fixed assets -€14,796
down €14,796 (-79.3%), from €18,650 to €3,854
of which Leasing and similar rights: -€12,417
- Deferred charges and accrued income +€1,617
up €1,617 (+797%), from €203 to €1,820
- Receivables within one year +€1,186
up €1,186 (+7.2%), from €16,416 to €17,603
of which Other amounts receivable: +€667
- Reserves +€14,396
up €14,396 (+44.8%), from €32,105 to €46,501
- Current portion of long-term debt -€11,931
no longer reported in 2025 (was €11,931)
- Trade debts +€1,981
up €1,981 (+82.7%), from €2,394 to €4,375
- Tax, wage and social debts +€1,419
up €1,419 (+32.5%), from €4,362 to €5,781
- Gross operating margin +€15,584
up €15,584 (+65.6%), from €23,747 to €39,330
- Taxes +€4,217
up €4,217 (+175%), from €2,408 to €6,625
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,080 | €60,933 | +€5,853 | +10.6% |
| Fixed assets | 21/28 | €18,650 | €3,854 | -€14,796 | -79.3% |
| Tangible fixed assets | 22/27 | €18,650 | €3,854 | -€14,796 | -79.3% |
| Plant, machinery and equipment | 23 | €2,907 | €1,626 | -€1,280 | -44.0% |
| Furniture and vehicles | 24 | €1,289 | €484 | -€805 | -62.5% |
| Leasing and similar rights | 25 | €12,894 | €476 | -€12,417 | -96.3% |
| Other tangible fixed assets | 26 | €1,561 | €1,268 | -€293 | -18.8% |
| Current assets | 29/58 | €36,430 | €57,079 | +€20,648 | +56.7% |
| Amounts receivable within one year | 40/41 | €16,416 | €17,603 | +€1,186 | +7.2% |
| Trade receivables | 40 | €14,043 | €14,562 | +€519 | +3.7% |
| Other amounts receivable | 41 | €2,373 | €3,040 | +€667 | +28.1% |
| Cash at bank and in hand | 54/58 | €19,811 | €37,656 | +€17,844 | +90.1% |
| Deferred charges and accrued income | 490/1 | €203 | €1,820 | +€1,617 | +797% |
| Total equity and liabilities | 10/49 | €55,080 | €60,933 | +€5,853 | +10.6% |
| Equity | 10/15 | €36,105 | €50,501 | +€14,396 | +39.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €32,105 | €46,501 | +€14,396 | +44.8% |
| Distributable reserves | 133 | €32,105 | €46,501 | +€14,396 | +44.8% |
| Amounts payable | 17/49 | €18,975 | €10,432 | -€8,544 | -45.0% |
| Amounts payable within one year | 42/48 | €18,975 | €10,423 | -€8,552 | -45.1% |
| Current portion of amounts payable after more than one year | 42 | €11,931 | - | -€11,931 | |
| Trade debts | 44 | €2,394 | €4,375 | +€1,981 | +82.7% |
| Suppliers | 440/4 | €2,394 | €4,375 | +€1,981 | +82.7% |
| Taxes, remuneration and social security | 45 | €4,362 | €5,781 | +€1,419 | +32.5% |
| Taxes | 450/3 | €4,362 | €5,781 | +€1,419 | +32.5% |
| Other amounts payable | 47/48 | €287 | €267 | -€20 | -7.0% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,754 | €14,796 | +€42 | +0.3% |
| Other operating charges | 640/8 | €1,610 | €1,592 | -€18 | -1.1% |
| Gross operating margin | 9900 | €23,747 | €39,330 | +€15,584 | +65.6% |
| Operating profit (loss) | 9901 | €7,383 | €22,942 | +€15,559 | +211% |
| Financial income | 75/76B | €0 | €0 | +€0 | +30.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +30.0% |
| Financial charges | 65/66B | €417 | €255 | -€162 | -38.8% |
| Recurring financial charges | 65 | €417 | €255 | -€162 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €6,966 | €22,687 | +€15,721 | +226% |
| Income taxes | 67/77 | €2,408 | €6,625 | +€4,217 | +175% |
| Profit (loss) for the period | 9904 | €4,558 | €16,062 | +€11,504 | +252% |
| Profit (loss) for the period to be appropriated | 9905 | €4,558 | €16,062 | +€11,504 | +252% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.