EKLO: what changed
Two fiscal 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.
EKLO
Largest movements
- Receivables within one year +€497,999
up €497,999 (+30.5%), from €1.6m to €2.1m
of which Other amounts receivable: +€508,234
- Deferred charges and accrued income -€230,431
down €230,431 (-46.8%), from €492,481 to €262,050
- Cash -€164,291
down €164,291 (-29.7%), from €554,064 to €389,773
mainly Receivables within one year (-€497,999) and Investment in fixed assets (net) (-€64,090)
- Debts after one year +€139,747
up €139,747 (+13.7%), from €1.0m to €1.2m
- Profit (loss) carried forward -€62,532
down €62,532 (-10.8%), from €577,808 to €515,275
- Accrued charges and deferred income +€57,634
up €57,634 (+1223.0%), from €4,712 to €62,346
- Debts within one year -€32,707
down €32,707 (-3.5%), from €930,202 to €897,495
of which Trade debts: -€27,804
- Write-downs -€50,404
down €50,404 (-99.5%), from €50,656 to €252
- Gross operating margin +€44,834
up €44,834 (+2.4%), from €1.9m to €1.9m
- Staff costs -€44,322
down €44,322 (-2.3%), from €1.9m to €1.9m
- Depreciation +€25,523
up €25,523 (+86.9%), from €29,370 to €54,893
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.
Cash bridge derived
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 | €2,826,442 | €2,939,020 | +€112,578 | +4.0% |
| Fixed assets | 21/28 | €126,735 | €135,932 | +€9,197 | +7.3% |
| Intangible fixed assets | 21 | €112,007 | €121,491 | +€9,484 | +8.5% |
| Tangible fixed assets | 22/27 | €10,447 | €10,160 | -€287 | -2.7% |
| Furniture and vehicles | 24 | €10,447 | €10,160 | -€287 | -2.7% |
| Financial fixed assets | 28 | €4,280 | €4,280 | = | 0.0% |
| Current assets | 29/58 | €2,699,707 | €2,803,088 | +€103,381 | +3.8% |
| Amounts receivable within one year | 40/41 | €1,632,524 | €2,130,523 | +€497,999 | +30.5% |
| Trade receivables | 40 | €260,271 | €250,035 | -€10,236 | -3.9% |
| Other amounts receivable | 41 | €1,372,254 | €1,880,488 | +€508,234 | +37.0% |
| Current investments | 50/53 | €20,638 | €20,742 | +€104 | +0.5% |
| Cash at bank and in hand | 54/58 | €554,064 | €389,773 | -€164,291 | -29.7% |
| Deferred charges and accrued income | 490/1 | €492,481 | €262,050 | -€230,431 | -46.8% |
| Total equity and liabilities | 10/49 | €2,826,442 | €2,939,020 | +€112,578 | +4.0% |
| Equity | 10/15 | €577,808 | €515,275 | -€62,532 | -10.8% |
| Profit (loss) carried forward | 14 | €577,808 | €515,275 | -€62,532 | -10.8% |
| Provisions and deferred taxes | 16 | €291,437 | €301,874 | +€10,436 | +3.6% |
| Provisions for liabilities and charges | 160/5 | €291,437 | €301,874 | +€10,436 | +3.6% |
| Other liabilities and charges | 164/5 | €291,437 | €301,874 | +€10,436 | +3.6% |
| Amounts payable | 17/49 | €1,957,197 | €2,121,871 | +€164,674 | +8.4% |
| Amounts payable after more than one year | 17 | €1,022,283 | €1,162,030 | +€139,747 | +13.7% |
| Other amounts payable | 178/9 | €1,022,283 | €1,162,030 | +€139,747 | +13.7% |
| Amounts payable within one year | 42/48 | €930,202 | €897,495 | -€32,707 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €296,460 | €268,656 | -€27,804 | -9.4% |
| Suppliers | 440/4 | €296,460 | €268,656 | -€27,804 | -9.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €254,922 | €307,931 | +€53,009 | +20.8% |
| Taxes | 450/3 | €55,021 | €65,959 | +€10,937 | +19.9% |
| Remuneration and social security | 454/9 | €199,901 | €241,972 | +€42,071 | +21.0% |
| Accrued charges and deferred income | 492/3 | €4,712 | €62,346 | +€57,634 | +1223.0% |
| Remuneration, social security and pensions | 62 | €1,905,918 | €1,861,596 | -€44,322 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,370 | €54,893 | +€25,523 | +86.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €50,656 | €252 | -€50,404 | -99.5% |
| Other operating charges | 640/8 | €29,814 | €28,889 | -€925 | -3.1% |
| Gross operating margin | 9900 | €1,854,403 | €1,899,237 | +€44,834 | +2.4% |
| Operating profit (loss) | 9901 | -€13,144 | -€56,829 | -€43,685 | -332.4% |
| Financial income | 75/76B | €2,412 | €2,517 | +€106 | +4.4% |
| Recurring financial income | 75 | €2,412 | €2,517 | +€106 | +4.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,634 | €3,567 | -€4,068 | -53.3% |
| Recurring financial charges | 65 | €7,634 | €3,567 | -€4,068 | -53.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€18,366 | -€57,879 | -€39,512 | -215.1% |
| Income taxes | 67/77 | €1,932 | €4,654 | +€2,722 | +140.9% |
| Profit (loss) for the period | 9904 | -€20,298 | -€62,532 | -€42,234 | -208.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,298 | -€62,532 | -€42,234 | -208.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.