Eline De Coninck: what changed
Eline De Coninck
Largest movements
- Cash +€1,572
up €1,572 (+11.5%), from €13,694 to €15,265
mainly Net result for the year (+€14,893) and Other debts (+€2,990)
- Tangible fixed assets +€821
up €821 (+35.5%), from €2,313 to €3,135
of which Furniture and vehicles: +€1,031
- Reserves +€14,060
up €14,060 (+39.3%), from €35,745 to €49,805
- Debts after one year -€12,000
down €12,000 (-73.6%), from €16,302 to €4,302
- Tax, wage and social debts -€3,570
down €3,570 (-73.6%), from €4,851 to €1,280
- Other debts +€2,990
up €2,990 (+77.0%), from €3,880 to €6,870
- Trade debts +€1,145
up €1,145 (+383%), from €299 to €1,445
- Gross operating margin +€2,308
up €2,308 (+10.5%), from €22,043 to €24,351
- Other operating charges +€339
up €339 (+64.3%), from €528 to €867
- Taxes +€327
up €327 (+4.8%), from €6,851 to €7,178
- Financial charges +€327
up €327 (+202%), from €162 to €489
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,465 | €78,702 | +€2,238 | +2.9% |
| Fixed assets | 21/28 | €62,615 | €63,437 | +€821 | +1.3% |
| Tangible fixed assets | 22/27 | €2,313 | €3,135 | +€821 | +35.5% |
| Plant, machinery and equipment | 23 | €747 | €537 | -€210 | -28.1% |
| Furniture and vehicles | 24 | €1,566 | €2,598 | +€1,031 | +65.9% |
| Financial fixed assets | 28 | €60,302 | €60,302 | = | 0.0% |
| Current assets | 29/58 | €13,849 | €15,265 | +€1,416 | +10.2% |
| Cash at bank and in hand | 54/58 | €13,694 | €15,265 | +€1,572 | +11.5% |
| Deferred charges and accrued income | 490/1 | €156 | - | -€156 | |
| Total equity and liabilities | 10/49 | €76,465 | €78,702 | +€2,238 | +2.9% |
| Equity | 10/15 | €38,745 | €52,805 | +€14,060 | +36.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,745 | €49,805 | +€14,060 | +39.3% |
| Distributable reserves | 133 | €35,745 | €49,805 | +€14,060 | +39.3% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €37,720 | €25,897 | -€11,823 | -31.3% |
| Amounts payable after more than one year | 17 | €16,302 | €4,302 | -€12,000 | -73.6% |
| Financial debts | 170/4 | €16,302 | €4,302 | -€12,000 | -73.6% |
| Amounts payable within one year | 42/48 | €21,030 | €21,595 | +€565 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €299 | €1,445 | +€1,145 | +383% |
| Suppliers | 440/4 | €299 | €1,445 | +€1,145 | +383% |
| Taxes, remuneration and social security | 45 | €4,851 | €1,280 | -€3,570 | -73.6% |
| Taxes | 450/3 | €4,851 | €1,280 | -€3,570 | -73.6% |
| Other amounts payable | 47/48 | €3,880 | €6,870 | +€2,990 | +77.0% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870 | €934 | +€64 | +7.3% |
| Other operating charges | 640/8 | €528 | €867 | +€339 | +64.3% |
| Gross operating margin | 9900 | €22,043 | €24,351 | +€2,308 | +10.5% |
| Operating profit (loss) | 9901 | €20,645 | €22,550 | +€1,905 | +9.2% |
| Financial income | 75/76B | €7 | €9 | +€2 | +31.2% |
| Recurring financial income | 75 | €7 | €9 | +€2 | +31.2% |
| Financial charges | 65/66B | €162 | €489 | +€327 | +202% |
| Recurring financial charges | 65 | €162 | €489 | +€327 | +202% |
| Profit (loss) for the period before taxes | 9903 | €20,490 | €22,071 | +€1,580 | +7.7% |
| Income taxes | 67/77 | €6,851 | €7,178 | +€327 | +4.8% |
| Profit (loss) for the period | 9904 | €13,640 | €14,893 | +€1,254 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,640 | €14,893 | +€1,254 | +9.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.