EKLADO: 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.
EKLADO
Largest movements
- Receivables within one year -€21,320
down €21,320 (-80.7%), from €26,421 to €5,101
of which Other amounts receivable: -€13,918
- Cash +€9,743
new in 2025: €9,743
mainly Receivables within one year (+€21,320) and Depreciation (+€8,063)
- Intangible fixed assets -€6,000
down €6,000 (-40.2%), from €14,942 to €8,942
- Tangible fixed assets -€2,063
down €2,063 (-37.1%), from €5,567 to €3,504
of which Furniture and vehicles: -€1,773
- Deferred charges and accrued income +€496
up €496 (+689%), from €72 to €568
- Profit (loss) carried forward -€12,563
down €12,563 (-55.8%), from -€22,531 to -€35,094
- Tax, wage and social debts -€4,557
down €4,557 (-52.9%), from €8,607 to €4,050
of which Taxes: -€2,519
- Trade debts -€1,992
down €1,992 (-21.4%), from €9,323 to €7,331
- Gross operating margin +€10,710
up €10,710 (+79.5%), from -€13,468 to -€2,758
- Financial income -€434
down €434 (-70.1%), from €619 to €185
- Other operating charges +€333
up €333 (+35.9%), from €928 to €1,261
- Depreciation -€179
down €179 (-2.2%), from €8,242 to €8,063
- Financial charges +€151
up €151 (+39.4%), from €383 to €534
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 | €47,002 | €27,858 | -€19,144 | -40.7% |
| Fixed assets | 21/28 | €20,509 | €12,446 | -€8,063 | -39.3% |
| Intangible fixed assets | 21 | €14,942 | €8,942 | -€6,000 | -40.2% |
| Tangible fixed assets | 22/27 | €5,567 | €3,504 | -€2,063 | -37.1% |
| Plant, machinery and equipment | 23 | €931 | €641 | -€290 | -31.1% |
| Furniture and vehicles | 24 | €4,636 | €2,863 | -€1,773 | -38.2% |
| Current assets | 29/58 | €26,493 | €15,412 | -€11,081 | -41.8% |
| Amounts receivable within one year | 40/41 | €26,421 | €5,101 | -€21,320 | -80.7% |
| Trade receivables | 40 | €9,617 | €2,215 | -€7,402 | -77.0% |
| Other amounts receivable | 41 | €16,804 | €2,886 | -€13,918 | -82.8% |
| Cash at bank and in hand | 54/58 | - | €9,743 | +€9,743 | |
| Deferred charges and accrued income | 490/1 | €72 | €568 | +€496 | +689% |
| Total equity and liabilities | 10/49 | €47,002 | €27,858 | -€19,144 | -40.7% |
| Equity | 10/15 | €27,145 | €14,582 | -€12,563 | -46.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €39,676 | €39,676 | = | 0.0% |
| Distributable reserves | 133 | €39,676 | €39,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,531 | -€35,094 | -€12,563 | -55.8% |
| Amounts payable | 17/49 | €19,857 | €13,276 | -€6,581 | -33.1% |
| Amounts payable within one year | 42/48 | €17,934 | €11,381 | -€6,553 | -36.5% |
| Financial debts | 43 | €4 | - | -€4 | |
| Credit institutions | 430/8 | €4 | - | -€4 | |
| Trade debts | 44 | €9,323 | €7,331 | -€1,992 | -21.4% |
| Suppliers | 440/4 | €9,323 | €7,331 | -€1,992 | -21.4% |
| Taxes, remuneration and social security | 45 | €8,607 | €4,050 | -€4,557 | -52.9% |
| Taxes | 450/3 | €5,844 | €3,325 | -€2,519 | -43.1% |
| Remuneration and social security | 454/9 | €2,763 | €725 | -€2,038 | -73.8% |
| Accrued charges and deferred income | 492/3 | €1,923 | €1,895 | -€28 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,242 | €8,063 | -€179 | -2.2% |
| Other operating charges | 640/8 | €928 | €1,261 | +€333 | +35.9% |
| Gross operating margin | 9900 | -€13,468 | -€2,758 | +€10,710 | +79.5% |
| Operating profit (loss) | 9901 | -€22,638 | -€12,082 | +€10,556 | +46.6% |
| Financial income | 75/76B | €619 | €185 | -€434 | -70.1% |
| Recurring financial income | 75 | €619 | €185 | -€434 | -70.1% |
| Financial charges | 65/66B | €383 | €534 | +€151 | +39.4% |
| Recurring financial charges | 65 | €383 | €534 | +€151 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,402 | -€12,431 | +€9,971 | +44.5% |
| Income taxes | 67/77 | €129 | €132 | +€3 | +2.3% |
| Profit (loss) for the period | 9904 | -€22,531 | -€12,563 | +€9,968 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,531 | -€12,563 | +€9,968 | +44.2% |
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 18 October 2026 via checked.be.