EK: what changed
Two fiscal 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.
EK
Largest movements
- Cash +€37,358
up €37,358 (+1962.6%), from €1,903 to €39,261
mainly Net result for the year (+€18,936) and Investment in fixed assets (net) (+€7,984)
- Tangible fixed assets -€11,520
down €11,520 (-38.3%), from €30,083 to €18,563
of which Furniture and vehicles: -€5,926
- Receivables within one year -€6,727
down €6,727 (-23.8%), from €28,258 to €21,531
of which Trade receivables: -€8,695
- Financial fixed assets -€3,500
down €3,500 (-63.6%), from €5,500 to €2,000
- Deferred charges and accrued income +€986
up €986 (+122.1%), from €807 to €1,793
- Reserves +€18,936
up €18,936 (+57.9%), from €32,704 to €51,640
- Trade debts -€6,313
down €6,313 (-75.0%), from €8,416 to €2,103
- Tax, wage and social debts +€3,973
up €3,973 (+50.1%), from €7,932 to €11,905
- Staff costs -€6,149
down €6,149 (-99.7%), from €6,165 to €16
- Gross operating margin +€5,632
up €5,632 (+17.4%), from €32,430 to €38,062
- Taxes +€3,000
up €3,000 (+59.5%), from €5,043 to €8,043
- Other operating charges -€1,730
down €1,730 (-32.7%), from €5,289 to €3,559
- Financial charges -€945
down €945 (-66.7%), from €1,417 to €473
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.
Cash bridge derived
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 | €66,552 | €83,148 | +€16,596 | +24.9% |
| Fixed assets | 21/28 | €35,583 | €20,563 | -€15,020 | -42.2% |
| Tangible fixed assets | 22/27 | €30,083 | €18,563 | -€11,520 | -38.3% |
| Plant, machinery and equipment | 23 | €19,115 | €13,522 | -€5,594 | -29.3% |
| Furniture and vehicles | 24 | €10,968 | €5,041 | -€5,926 | -54.0% |
| Financial fixed assets | 28 | €5,500 | €2,000 | -€3,500 | -63.6% |
| Current assets | 29/58 | €30,969 | €62,585 | +€31,616 | +102.1% |
| Amounts receivable within one year | 40/41 | €28,258 | €21,531 | -€6,727 | -23.8% |
| Trade receivables | 40 | €11,750 | €3,055 | -€8,695 | -74.0% |
| Other amounts receivable | 41 | €16,509 | €18,477 | +€1,968 | +11.9% |
| Cash at bank and in hand | 54/58 | €1,903 | €39,261 | +€37,358 | +1962.6% |
| Deferred charges and accrued income | 490/1 | €807 | €1,793 | +€986 | +122.1% |
| Total equity and liabilities | 10/49 | €66,552 | €83,148 | +€16,596 | +24.9% |
| Equity | 10/15 | €45,204 | €64,140 | +€18,936 | +41.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €32,704 | €51,640 | +€18,936 | +57.9% |
| Distributable reserves | 133 | €32,704 | €51,640 | +€18,936 | +57.9% |
| Amounts payable | 17/49 | €21,348 | €19,008 | -€2,340 | -11.0% |
| Amounts payable within one year | 42/48 | €21,348 | €19,008 | -€2,340 | -11.0% |
| Trade debts | 44 | €8,416 | €2,103 | -€6,313 | -75.0% |
| Suppliers | 440/4 | €8,416 | €2,103 | -€6,313 | -75.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,932 | €11,905 | +€3,973 | +50.1% |
| Taxes | 450/3 | €7,932 | €11,905 | +€3,973 | +50.1% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €16,545 | +€16,545 | |
| Remuneration, social security and pensions | 62 | €6,165 | €16 | -€6,149 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,106 | €7,036 | -€70 | -1.0% |
| Other operating charges | 640/8 | €5,289 | €3,559 | -€1,730 | -32.7% |
| Gross operating margin | 9900 | €32,430 | €38,062 | +€5,632 | +17.4% |
| Operating profit (loss) | 9901 | €13,871 | €27,452 | +€13,581 | +97.9% |
| Financial income | 75/76B | €1 | €1 | +€0 | +12.3% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +12.3% |
| Financial charges | 65/66B | €1,417 | €473 | -€945 | -66.7% |
| Recurring financial charges | 65 | €1,417 | €473 | -€945 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €12,454 | €26,980 | +€14,525 | +116.6% |
| Income taxes | 67/77 | €5,043 | €8,043 | +€3,000 | +59.5% |
| Profit (loss) for the period | 9904 | €7,411 | €18,936 | +€11,525 | +155.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,411 | €18,936 | +€11,525 | +155.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.