EKAEROS: 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.
EKAEROS
Largest movements
- Cash +€18,976
up €18,976 (+18.3%), from €103,779 to €122,755
mainly Other debts (+€100,714) and Net result for the year (+€36,186)
- Other debts +€100,714
new in 2025: €100,714
- Reserves -€82,261
down €82,261 (-95.2%), from €86,446 to €4,186
- Gross operating margin -€7,394
down €7,394 (-13.1%), from €56,551 to €49,158
- Taxes -€1,265
down €1,265 (-11.1%), from €11,437 to €10,172
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 | €104,247 | €123,151 | +€18,904 | +18.1% |
| Fixed assets | 21/28 | €358 | €68 | -€290 | -81.1% |
| Tangible fixed assets | 22/27 | €358 | €68 | -€290 | -81.1% |
| Furniture and vehicles | 24 | €358 | €68 | -€290 | -81.1% |
| Current assets | 29/58 | €103,889 | €123,083 | +€19,194 | +18.5% |
| Amounts receivable within one year | 40/41 | €110 | €328 | +€218 | +199% |
| Other amounts receivable | 41 | €110 | €328 | +€218 | +199% |
| Cash at bank and in hand | 54/58 | €103,779 | €122,755 | +€18,976 | +18.3% |
| Total equity and liabilities | 10/49 | €104,247 | €123,151 | +€18,904 | +18.1% |
| Equity | 10/15 | €86,546 | €4,286 | -€82,261 | -95.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €86,446 | €4,186 | -€82,261 | -95.2% |
| Distributable reserves | 133 | €86,446 | €4,186 | -€82,261 | -95.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,701 | €118,865 | +€101,165 | +572% |
| Amounts payable within one year | 42/48 | €17,701 | €118,865 | +€101,165 | +572% |
| Financial debts | 43 | €18 | €470 | +€452 | +2,514% |
| Other loans | 439 | €18 | €470 | +€452 | +2,514% |
| Trade debts | 44 | €470 | €459 | -€11 | -2.4% |
| Suppliers | 440/4 | €470 | €459 | -€11 | -2.4% |
| Taxes, remuneration and social security | 45 | €17,213 | €17,222 | +€10 | +0.1% |
| Taxes | 450/3 | €17,213 | €17,222 | +€10 | +0.1% |
| Other amounts payable | 47/48 | - | €100,714 | +€100,714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290 | €290 | = | 0.0% |
| Other operating charges | 640/8 | €555 | €957 | +€403 | +72.6% |
| Gross operating margin | 9900 | €56,551 | €49,158 | -€7,394 | -13.1% |
| Operating profit (loss) | 9901 | €55,706 | €47,910 | -€7,796 | -14.0% |
| Financial income | 75/76B | €121 | €0 | -€121 | -99.8% |
| Recurring financial income | 75 | €121 | €0 | -€121 | -99.8% |
| Financial charges | 65/66B | €1,669 | €1,553 | -€116 | -6.9% |
| Recurring financial charges | 65 | €1,669 | €1,553 | -€116 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €54,159 | €46,357 | -€7,801 | -14.4% |
| Income taxes | 67/77 | €11,437 | €10,172 | -€1,265 | -11.1% |
| Profit (loss) for the period | 9904 | €42,722 | €36,186 | -€6,537 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,722 | €36,186 | -€6,537 | -15.3% |
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.