EKTISA: 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.
EKTISA
Largest movements
- Tangible fixed assets -€37,488
down €37,488 (-7.6%), from €494,314 to €456,826
of which Land and buildings: -€32,431
- Receivables within one year +€31,715
up €31,715 (+118.6%), from €26,751 to €58,466
of which Trade receivables: +€25,411
- Cash -€17,453
down €17,453 (-52.7%), from €33,134 to €15,681
mainly Current portion of long-term debt (-€95,138) and Receivables within one year (-€31,715)
- Current portion of long-term debt -€95,138
down €95,138 (-65.8%), from €144,660 to €49,522
- Debts after one year +€53,310
up €53,310 (+17.1%), from €311,247 to €364,557
- Reserves +€40,859
up €40,859 (+93.1%), from €43,866 to €84,725
- Other debts -€27,809
down €27,809 (-100.0%), from €27,809 to €0
- Tax, wage and social debts +€7,416
up €7,416 (+42.8%), from €17,318 to €24,734
- Depreciation -€12,825
down €12,825 (-33.3%), from €38,531 to €25,706
- Taxes +€10,705
up €10,705 (+169.9%), from €6,300 to €17,005
- Gross operating margin +€10,304
up €10,304 (+11.5%), from €89,499 to €99,803
- Other operating charges -€1,526
down €1,526 (-26.6%), from €5,727 to €4,201
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 | €557,595 | €534,106 | -€23,489 | -4.2% |
| Fixed assets | 21/28 | €494,314 | €456,826 | -€37,488 | -7.6% |
| Tangible fixed assets | 22/27 | €494,314 | €456,826 | -€37,488 | -7.6% |
| Land and buildings | 22 | €483,855 | €451,424 | -€32,431 | -6.7% |
| Furniture and vehicles | 24 | €10,459 | €5,402 | -€5,057 | -48.4% |
| Current assets | 29/58 | €63,281 | €77,281 | +€14,000 | +22.1% |
| Amounts receivable within one year | 40/41 | €26,751 | €58,466 | +€31,715 | +118.6% |
| Trade receivables | 40 | €22,513 | €47,924 | +€25,411 | +112.9% |
| Other amounts receivable | 41 | €4,238 | €10,542 | +€6,304 | +148.7% |
| Cash at bank and in hand | 54/58 | €33,134 | €15,681 | -€17,453 | -52.7% |
| Deferred charges and accrued income | 490/1 | €3,396 | €3,134 | -€262 | -7.7% |
| Total equity and liabilities | 10/49 | €557,595 | €534,106 | -€23,489 | -4.2% |
| Equity | 10/15 | €50,066 | €90,925 | +€40,859 | +81.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,866 | €84,725 | +€40,859 | +93.1% |
| Distributable reserves | 133 | €43,866 | €84,725 | +€40,859 | +93.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €507,529 | €443,182 | -€64,347 | -12.7% |
| Amounts payable after more than one year | 17 | €311,247 | €364,557 | +€53,310 | +17.1% |
| Financial debts | 170/4 | €311,247 | €364,557 | +€53,310 | +17.1% |
| Amounts payable within one year | 42/48 | €196,272 | €78,624 | -€117,648 | -59.9% |
| Current portion of amounts payable after more than one year | 42 | €144,660 | €49,522 | -€95,138 | -65.8% |
| Trade debts | 44 | €6,484 | €4,367 | -€2,117 | -32.6% |
| Suppliers | 440/4 | €6,484 | €4,367 | -€2,117 | -32.6% |
| Taxes, remuneration and social security | 45 | €17,318 | €24,734 | +€7,416 | +42.8% |
| Taxes | 450/3 | €17,318 | €24,734 | +€7,416 | +42.8% |
| Other amounts payable | 47/48 | €27,809 | €0 | -€27,809 | -100.0% |
| Accrued charges and deferred income | 492/3 | €10 | €0 | -€10 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,531 | €25,706 | -€12,825 | -33.3% |
| Other operating charges | 640/8 | €5,727 | €4,201 | -€1,526 | -26.6% |
| Gross operating margin | 9900 | €89,499 | €99,803 | +€10,304 | +11.5% |
| Operating profit (loss) | 9901 | €45,240 | €69,895 | +€24,655 | +54.5% |
| Financial income | 75/76B | €0 | €286 | +€286 | |
| Recurring financial income | 75 | €0 | €286 | +€286 | |
| Financial charges | 65/66B | €12,434 | €12,317 | -€116 | -0.9% |
| Recurring financial charges | 65 | €12,434 | €12,317 | -€116 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €32,807 | €57,864 | +€25,057 | +76.4% |
| Income taxes | 67/77 | €6,300 | €17,005 | +€10,705 | +169.9% |
| Profit (loss) for the period | 9904 | €26,507 | €40,859 | +€14,352 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,507 | €40,859 | +€14,352 | +54.1% |
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 8 October 2026 via checked.be.