EKN: 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.
EKN
Largest movements
- Receivables within one year -€3,152
down €3,152 (-14.7%), from €21,492 to €18,339
of which Other amounts receivable: -€3,399
- Cash +€1,328
up €1,328 (+27.1%), from €4,897 to €6,225
mainly Other debts (+€7,805) and Receivables within one year (+€3,152)
- Tangible fixed assets -€948
down €948 (-21.1%), from €4,485 to €3,537
of which Plant, machinery and equipment: -€934
- Other debts +€7,805
new in 2024: €7,805
- Trade debts -€5,744
down €5,744 (-40.3%), from €14,270 to €8,526
- Short-term financial debts -€4,000
no longer reported in 2024 (was €4,000)
- Profit (loss) carried forward -€1,401
new in 2024: -€1,401
- Tax, wage and social debts +€626
up €626 (+13.0%), from €4,800 to €5,426
- Gross operating margin -€10,463
down €10,463 (-76.1%), from €13,758 to €3,295
- Taxes -€2,686
down €2,686 (-92.8%), from €2,896 to €210
- Depreciation +€633
up €633 (+54.5%), from €1,162 to €1,795
- Financial charges -€604
down €604 (-44.4%), from €1,360 to €756
- Financial income -€406
down €406 (-80.7%), from €503 to €97
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,618 | €28,904 | -€2,714 | -8.6% |
| Fixed assets | 21/28 | €4,485 | €3,537 | -€948 | -21.1% |
| Tangible fixed assets | 22/27 | €4,485 | €3,537 | -€948 | -21.1% |
| Plant, machinery and equipment | 23 | €3,641 | €2,707 | -€934 | -25.7% |
| Furniture and vehicles | 24 | €844 | €831 | -€13 | -1.6% |
| Current assets | 29/58 | €27,133 | €25,366 | -€1,767 | -6.5% |
| Amounts receivable within one year | 40/41 | €21,492 | €18,339 | -€3,152 | -14.7% |
| Trade receivables | 40 | €16,967 | €17,213 | +€246 | +1.5% |
| Other amounts receivable | 41 | €4,524 | €1,126 | -€3,399 | -75.1% |
| Cash at bank and in hand | 54/58 | €4,897 | €6,225 | +€1,328 | +27.1% |
| Deferred charges and accrued income | 490/1 | €745 | €803 | +€58 | +7.8% |
| Total equity and liabilities | 10/49 | €31,618 | €28,904 | -€2,714 | -8.6% |
| Equity | 10/15 | €7,799 | €6,398 | -€1,401 | -18.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,799 | €6,799 | = | 0.0% |
| Distributable reserves | 133 | €6,799 | €6,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,401 | -€1,401 | |
| Amounts payable | 17/49 | €23,819 | €22,506 | -€1,313 | -5.5% |
| Amounts payable within one year | 42/48 | €23,069 | €21,756 | -€1,313 | -5.7% |
| Financial debts | 43 | €4,000 | - | -€4,000 | |
| Other loans | 439 | €4,000 | - | -€4,000 | |
| Trade debts | 44 | €14,270 | €8,526 | -€5,744 | -40.3% |
| Suppliers | 440/4 | €14,270 | €8,526 | -€5,744 | -40.3% |
| Taxes, remuneration and social security | 45 | €4,800 | €5,426 | +€626 | +13.0% |
| Taxes | 450/3 | €4,800 | €5,426 | +€626 | +13.0% |
| Other amounts payable | 47/48 | - | €7,805 | +€7,805 | |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,162 | €1,795 | +€633 | +54.5% |
| Other operating charges | 640/8 | €2,044 | €2,032 | -€13 | -0.6% |
| Gross operating margin | 9900 | €13,758 | €3,295 | -€10,463 | -76.1% |
| Operating profit (loss) | 9901 | €10,551 | -€532 | -€11,084 | |
| Financial income | 75/76B | €503 | €97 | -€406 | -80.7% |
| Recurring financial income | 75 | €503 | €97 | -€406 | -80.7% |
| Financial charges | 65/66B | €1,360 | €756 | -€604 | -44.4% |
| Recurring financial charges | 65 | €1,360 | €756 | -€604 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €9,694 | -€1,191 | -€10,886 | |
| Income taxes | 67/77 | €2,896 | €210 | -€2,686 | -92.8% |
| Profit (loss) for the period | 9904 | €6,799 | -€1,401 | -€8,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,799 | -€1,401 | -€8,200 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.