Ejotech: 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.
Ejotech
Largest movements
- Cash +€66,594
up €66,594 (+177%), from €37,534 to €104,128
mainly Depreciation (+€86,124) and Debts after one year (+€46,220)
- Tangible fixed assets +€39,593
up €39,593 (+18.8%), from €210,378 to €249,971
of which Plant, machinery and equipment: +€97,296
- Receivables within one year -€14,549
down €14,549 (-22.5%), from €64,579 to €50,031
of which Trade receivables: -€17,997
- Debts after one year +€46,220
up €46,220 (+33.2%), from €139,105 to €185,325
- Reserves +€34,368
up €34,368 (+29.4%), from €116,822 to €151,190
- Current portion of long-term debt +€15,091
up €15,091 (+39.6%), from €38,120 to €53,211
- Trade debts -€11,163
down €11,163 (-71.5%), from €15,606 to €4,443
- Tax, wage and social debts +€7,273
up €7,273 (+214%), from €3,391 to €10,664
- Depreciation +€16,342
up €16,342 (+23.4%), from €69,782 to €86,124
- Gross operating margin +€11,048
up €11,048 (+8.3%), from €133,181 to €144,229
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 | €315,546 | €407,336 | +€91,790 | +29.1% |
| Fixed assets | 21/28 | €212,328 | €251,921 | +€39,593 | +18.6% |
| Tangible fixed assets | 22/27 | €210,378 | €249,971 | +€39,593 | +18.8% |
| Plant, machinery and equipment | 23 | €30,386 | €127,683 | +€97,296 | +320% |
| Furniture and vehicles | 24 | €15,620 | €11,749 | -€3,871 | -24.8% |
| Leasing and similar rights | 25 | €164,373 | €110,539 | -€53,833 | -32.8% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €103,217 | €155,415 | +€52,198 | +50.6% |
| Amounts receivable within one year | 40/41 | €64,579 | €50,031 | -€14,549 | -22.5% |
| Trade receivables | 40 | €57,664 | €39,667 | -€17,997 | -31.2% |
| Other amounts receivable | 41 | €6,915 | €10,363 | +€3,448 | +49.9% |
| Cash at bank and in hand | 54/58 | €37,534 | €104,128 | +€66,594 | +177% |
| Deferred charges and accrued income | 490/1 | €1,104 | €1,256 | +€152 | +13.8% |
| Total equity and liabilities | 10/49 | €315,546 | €407,336 | +€91,790 | +29.1% |
| Equity | 10/15 | €119,322 | €153,690 | +€34,368 | +28.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €116,822 | €151,190 | +€34,368 | +29.4% |
| Distributable reserves | 133 | €116,822 | €151,190 | +€34,368 | +29.4% |
| Amounts payable | 17/49 | €196,223 | €253,646 | +€57,423 | +29.3% |
| Amounts payable after more than one year | 17 | €139,105 | €185,325 | +€46,220 | +33.2% |
| Financial debts | 170/4 | €139,105 | €185,325 | +€46,220 | +33.2% |
| Amounts payable within one year | 42/48 | €57,118 | €68,321 | +€11,203 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €38,120 | €53,211 | +€15,091 | +39.6% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €15,606 | €4,443 | -€11,163 | -71.5% |
| Suppliers | 440/4 | €15,606 | €4,443 | -€11,163 | -71.5% |
| Taxes, remuneration and social security | 45 | €3,391 | €10,664 | +€7,273 | +214% |
| Taxes | 450/3 | €3,391 | €10,664 | +€7,273 | +214% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,782 | €86,124 | +€16,342 | +23.4% |
| Other operating charges | 640/8 | €833 | €768 | -€66 | -7.9% |
| Non-recurring operating charges | 66A | €2,512 | - | -€2,512 | |
| Gross operating margin | 9900 | €133,181 | €144,229 | +€11,048 | +8.3% |
| Operating profit (loss) | 9901 | €60,054 | €57,338 | -€2,716 | -4.5% |
| Financial income | 75/76B | €13 | €5 | -€9 | -64.5% |
| Recurring financial income | 75 | €13 | €5 | -€9 | -64.5% |
| Financial charges | 65/66B | €10,148 | €10,729 | +€581 | +5.7% |
| Recurring financial charges | 65 | €10,148 | €10,729 | +€581 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €49,919 | €46,613 | -€3,306 | -6.6% |
| Income taxes | 67/77 | €13,085 | €12,246 | -€839 | -6.4% |
| Profit (loss) for the period | 9904 | €36,834 | €34,368 | -€2,467 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,834 | €34,368 | -€2,467 | -6.7% |
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 14 October 2026 via checked.be.