EKILIBRE: 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.
EKILIBRE
Largest movements
- Cash +€233,198
up €233,198 (+164%), from €142,507 to €375,705
mainly Net result for the year (+€141,164) and Advances received (+€64,677)
- Tangible fixed assets -€35,494
down €35,494 (-4.2%), from €849,104 to €813,610
of which Land and buildings: -€26,206
- Profit (loss) carried forward +€90,828
up €90,828, from -€90,828 to €0
- Advances received +€64,677
up €64,677 (+225%), from €28,700 to €93,377
- Reserves +€50,336
up €50,336 (+9.2%), from €546,615 to €596,950
of which Distributable reserves: +€55,525
- Debts after one year -€38,541
down €38,541 (-8.6%), from €449,354 to €410,813
- Trade debts +€26,049
up €26,049 (+44.9%), from €58,070 to €84,120
- Gross operating margin +€96,422
up €96,422 (+32.8%), from €294,043 to €390,465
- Staff costs -€51,891
down €51,891 (-33.5%), from €155,049 to €103,158
- Taxes +€28,559
up €28,559 (+18,270%), from €156 to €28,715
- Write-downs +€18,493
up €18,493, from -€12,295 to €6,198
- Other operating charges -€12,323
down €12,323 (-24.4%), from €50,456 to €38,133
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 | €1,126,107 | €1,342,052 | +€215,945 | +19.2% |
| Fixed assets | 21/28 | €849,788 | €822,299 | -€27,488 | -3.2% |
| Intangible fixed assets | 21 | €684 | €8,689 | +€8,005 | +1,170% |
| Tangible fixed assets | 22/27 | €849,104 | €813,610 | -€35,494 | -4.2% |
| Land and buildings | 22 | €748,769 | €722,563 | -€26,206 | -3.5% |
| Furniture and vehicles | 24 | €100,334 | €91,047 | -€9,288 | -9.3% |
| Current assets | 29/58 | €276,319 | €519,753 | +€243,433 | +88.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €133,072 | €141,784 | +€8,711 | +6.5% |
| Trade receivables | 40 | €123,244 | €141,784 | +€18,540 | +15.0% |
| Other amounts receivable | 41 | €9,828 | €0 | -€9,828 | -100% |
| Cash at bank and in hand | 54/58 | €142,507 | €375,705 | +€233,198 | +164% |
| Deferred charges and accrued income | 490/1 | €740 | €2,264 | +€1,524 | +206% |
| Total equity and liabilities | 10/49 | €1,126,107 | €1,342,052 | +€215,945 | +19.2% |
| Equity | 10/15 | €475,786 | €616,950 | +€141,164 | +29.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €546,615 | €596,950 | +€50,336 | +9.2% |
| Tax-exempt reserves | 132 | €141,009 | €135,820 | -€5,189 | -3.7% |
| Distributable reserves | 133 | €405,606 | €461,130 | +€55,525 | +13.7% |
| Profit (loss) carried forward | 14 | -€90,828 | €0 | +€90,828 | |
| Provisions and deferred taxes | 16 | €35,252 | €33,955 | -€1,297 | -3.7% |
| Deferred taxes | 168 | €35,252 | €33,955 | -€1,297 | -3.7% |
| Amounts payable | 17/49 | €615,068 | €691,147 | +€76,079 | +12.4% |
| Amounts payable after more than one year | 17 | €449,354 | €410,813 | -€38,541 | -8.6% |
| Financial debts | 170/4 | €449,354 | €410,813 | -€38,541 | -8.6% |
| Amounts payable within one year | 42/48 | €165,714 | €277,349 | +€111,635 | +67.4% |
| Current portion of amounts payable after more than one year | 42 | €42,832 | €50,113 | +€7,281 | +17.0% |
| Trade debts | 44 | €58,070 | €84,120 | +€26,049 | +44.9% |
| Suppliers | 440/4 | €58,070 | €84,120 | +€26,049 | +44.9% |
| Advances received on contracts in progress | 46 | €28,700 | €93,377 | +€64,677 | +225% |
| Taxes, remuneration and social security | 45 | €36,112 | €49,739 | +€13,628 | +37.7% |
| Taxes | 450/3 | €24,859 | €35,517 | +€10,658 | +42.9% |
| Remuneration and social security | 454/9 | €11,253 | €14,222 | +€2,969 | +26.4% |
| Accrued charges and deferred income | 492/3 | - | €2,984 | +€2,984 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €155,049 | €103,158 | -€51,891 | -33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,431 | €61,943 | +€7,512 | +13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,295 | €6,198 | +€18,493 | |
| Other operating charges | 640/8 | €50,456 | €38,133 | -€12,323 | -24.4% |
| Non-recurring operating charges | 66A | €18,612 | €0 | -€18,612 | -100% |
| Gross operating margin | 9900 | €294,043 | €390,465 | +€96,422 | +32.8% |
| Operating profit (loss) | 9901 | €27,790 | €181,033 | +€153,243 | +551% |
| Financial income | 75/76B | €1,349 | €23 | -€1,327 | -98.3% |
| Recurring financial income | 75 | €1,349 | €23 | -€1,327 | -98.3% |
| Financial charges | 65/66B | €10,973 | €12,474 | +€1,501 | +13.7% |
| Recurring financial charges | 65 | €10,973 | €12,474 | +€1,501 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €18,167 | €168,582 | +€150,415 | +828% |
| Transfer from deferred taxes | 780 | €1,297 | €1,297 | = | 0.0% |
| Income taxes | 67/77 | €156 | €28,715 | +€28,559 | +18,270% |
| Profit (loss) for the period | 9904 | €19,308 | €141,164 | +€121,856 | +631% |
| Transfer from tax-exempt reserves | 789 | €5,189 | €5,189 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,497 | €146,353 | +€121,856 | +497% |
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 15 October 2026 via checked.be.