EKivitae: 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.
EKivitae
Largest movements
- Receivables within one year -€13,575
down €13,575 (-91.5%), from €14,836 to €1,261
of which Trade receivables: -€13,832
- Cash -€9,270
down €9,270 (-31.6%), from €29,339 to €20,069
mainly Net result for the year (-€15,671) and Tax, wage and social debts (-€13,153)
- Deferred charges and accrued income +€800
up €800 (+19.6%), from €4,088 to €4,888
- Profit (loss) carried forward -€15,671
down €15,671 (-52.9%), from €29,650 to €13,979
- Tax, wage and social debts -€13,153
down €13,153 (-85.0%), from €15,484 to €2,330
of which Taxes: -€12,229
- Trade debts +€6,072
up €6,072 (+223%), from €2,726 to €8,798
- Gross operating margin -€49,733
down €49,733, from €35,373 to -€14,360
- Taxes -€6,755
down €6,755 (-94.6%), from €7,144 to €389
- Other operating charges -€1,933
down €1,933 (-90.4%), from €2,138 to €205
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 | €50,360 | €27,608 | -€22,752 | -45.2% |
| Formation expenses | 20 | €700 | €467 | -€233 | -33.3% |
| Fixed assets | 21/28 | €1,397 | €923 | -€474 | -33.9% |
| Tangible fixed assets | 22/27 | €1,397 | €923 | -€474 | -33.9% |
| Furniture and vehicles | 24 | €1,397 | €923 | -€474 | -33.9% |
| Current assets | 29/58 | €48,263 | €26,218 | -€22,045 | -45.7% |
| Amounts receivable within one year | 40/41 | €14,836 | €1,261 | -€13,575 | -91.5% |
| Trade receivables | 40 | €13,881 | €49 | -€13,832 | -99.6% |
| Other amounts receivable | 41 | €955 | €1,212 | +€257 | +27.0% |
| Cash at bank and in hand | 54/58 | €29,339 | €20,069 | -€9,270 | -31.6% |
| Deferred charges and accrued income | 490/1 | €4,088 | €4,888 | +€800 | +19.6% |
| Total equity and liabilities | 10/49 | €50,360 | €27,608 | -€22,752 | -45.2% |
| Equity | 10/15 | €32,150 | €16,479 | -€15,671 | -48.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,650 | €13,979 | -€15,671 | -52.9% |
| Amounts payable | 17/49 | €18,210 | €11,128 | -€7,081 | -38.9% |
| Amounts payable within one year | 42/48 | €18,210 | €11,128 | -€7,081 | -38.9% |
| Trade debts | 44 | €2,726 | €8,798 | +€6,072 | +223% |
| Suppliers | 440/4 | €2,726 | €8,798 | +€6,072 | +223% |
| Taxes, remuneration and social security | 45 | €15,484 | €2,330 | -€13,153 | -85.0% |
| Taxes | 450/3 | €12,438 | €208 | -€12,229 | -98.3% |
| Remuneration and social security | 454/9 | €3,046 | €2,122 | -€924 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €684 | €707 | +€23 | +3.3% |
| Other operating charges | 640/8 | €2,138 | €205 | -€1,933 | -90.4% |
| Gross operating margin | 9900 | €35,373 | -€14,360 | -€49,733 | |
| Operating profit (loss) | 9901 | €32,551 | -€15,272 | -€47,823 | |
| Financial charges | 65/66B | -€0 | €10 | +€10 | |
| Recurring financial charges | 65 | -€0 | €10 | +€10 | |
| Profit (loss) for the period before taxes | 9903 | €32,551 | -€15,282 | -€47,833 | |
| Income taxes | 67/77 | €7,144 | €389 | -€6,755 | -94.6% |
| Profit (loss) for the period | 9904 | €25,407 | -€15,671 | -€41,078 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,407 | -€15,671 | -€41,078 |
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 21 October 2026 via checked.be.