EKINOKS GROUP: 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.
EKINOKS GROUP
Largest movements
- Cash -€763,320
down €763,320 (-73.4%), from €1.0m to €276,952
mainly Receivables within one year (-€395,990) and Other debts (-€300,050)
- Receivables within one year +€395,990
up €395,990 (+192%), from €206,730 to €602,720
of which Other amounts receivable: +€219,698
- Stocks and contracts +€15,000
up €15,000 (+75.0%), from €20,000 to €35,000
- Other debts -€300,050
down €300,050 (-99.8%), from €300,789 to €739
- Trade debts -€42,900
down €42,900 (-18.7%), from €229,726 to €186,826
- Tax, wage and social debts -€29,506
down €29,506 (-99.8%), from €29,556 to €51
of which Taxes: -€28,789
- Short-term financial debts +€13,268
new in 2025: €13,268
- Gross operating margin -€1.1m
down €1.1m, from €1.1m to -€1,062
- Taxes -€251,374
down €251,374, from €251,327 to -€46
- Staff costs -€74,973
no longer reported in 2025 (was €74,973)
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 | €1,276,420 | €916,612 | -€359,807 | -28.2% |
| Fixed assets | 21/28 | €3,536 | €1,940 | -€1,596 | -45.1% |
| Tangible fixed assets | 22/27 | €3,536 | €1,940 | -€1,596 | -45.1% |
| Furniture and vehicles | 24 | €3,536 | €1,940 | -€1,596 | -45.1% |
| Current assets | 29/58 | €1,272,884 | €914,672 | -€358,211 | -28.1% |
| Stocks and contracts in progress | 3 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Stocks | 30/36 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Amounts receivable within one year | 40/41 | €206,730 | €602,720 | +€395,990 | +192% |
| Trade receivables | 40 | €142,320 | €318,612 | +€176,292 | +124% |
| Other amounts receivable | 41 | €64,411 | €284,108 | +€219,698 | +341% |
| Cash at bank and in hand | 54/58 | €1,040,272 | €276,952 | -€763,320 | -73.4% |
| Deferred charges and accrued income | 490/1 | €5,881 | - | -€5,881 | |
| Total equity and liabilities | 10/49 | €1,276,420 | €916,612 | -€359,807 | -28.2% |
| Equity | 10/15 | €716,349 | €715,728 | -€621 | -0.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €713,349 | €712,728 | -€621 | -0.1% |
| Amounts payable | 17/49 | €560,071 | €200,884 | -€359,187 | -64.1% |
| Amounts payable within one year | 42/48 | €560,071 | €200,884 | -€359,187 | -64.1% |
| Financial debts | 43 | - | €13,268 | +€13,268 | |
| Credit institutions | 430/8 | - | €13,268 | +€13,268 | |
| Trade debts | 44 | €229,726 | €186,826 | -€42,900 | -18.7% |
| Suppliers | 440/4 | €229,726 | €186,826 | -€42,900 | -18.7% |
| Taxes, remuneration and social security | 45 | €29,556 | €51 | -€29,506 | -99.8% |
| Taxes | 450/3 | €28,839 | €51 | -€28,789 | -99.8% |
| Remuneration and social security | 454/9 | €717 | - | -€717 | |
| Other amounts payable | 47/48 | €300,789 | €739 | -€300,050 | -99.8% |
| Remuneration, social security and pensions | 62 | €74,973 | - | -€74,973 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,103 | €1,596 | +€493 | +44.7% |
| Other operating charges | 640/8 | €803 | €2,052 | +€1,250 | +156% |
| Gross operating margin | 9900 | €1,079,770 | -€1,062 | -€1.1m | |
| Operating profit (loss) | 9901 | €1,002,891 | -€4,711 | -€1.0m | |
| Financial income | 75/76B | €358 | €5,183 | +€4,826 | +1,350% |
| Recurring financial income | 75 | €358 | €5,183 | +€4,826 | +1,350% |
| Financial charges | 65/66B | €3,573 | €1,139 | -€2,434 | -68.1% |
| Recurring financial charges | 65 | €3,573 | €1,139 | -€2,434 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €999,676 | -€667 | -€1.0m | |
| Income taxes | 67/77 | €251,327 | -€46 | -€251,374 | |
| Profit (loss) for the period | 9904 | €748,349 | -€621 | -€748,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €748,349 | -€621 | -€748,970 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.