ELIOT WOOSTER: 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.
ELIOT WOOSTER
Largest movements
- Tangible fixed assets -€19,857
down €19,857 (-3.6%), from €553,332 to €533,475
- Deferred charges and accrued income +€8,868
up €8,868 (+1,444%), from €614 to €9,482
- Short-term financial debts +€20,978
up €20,978 (+6.5%), from €324,234 to €345,213
of which Other loans: +€20,479
- Trade debts -€17,106
no longer reported in 2025 (was €17,106)
- Profit (loss) carried forward -€16,636
down €16,636 (-8.1%), from -€205,471 to -€222,107
- Gross operating margin +€26,602
up €26,602, from -€14,271 to €12,331
- Purchases and services -€24,468
down €24,468 (-99.1%), from €24,686 to €218
- Financial charges +€1,938
up €1,938 (+8,989%), from €22 to €1,960
- Other operating charges +€820
up €820 (+12.9%), from €6,331 to €7,151
- Turnover +€535
up €535 (+5.1%), from €10,415 to €10,950
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €675,851 | €663,087 | -€12,764 | -1.9% |
| Formation expenses | 20 | €517 | €517 | = | 0.0% |
| Fixed assets | 21/28 | €553,332 | €533,475 | -€19,857 | -3.6% |
| Tangible fixed assets | 22/27 | €553,332 | €533,475 | -€19,857 | -3.6% |
| Land and buildings | 22 | €553,332 | €533,475 | -€19,857 | -3.6% |
| Current assets | 29/58 | €122,002 | €129,094 | +€7,092 | +5.8% |
| Amounts receivable within one year | 40/41 | €121,388 | €119,612 | -€1,776 | -1.5% |
| Trade receivables | 40 | €72,523 | €72,523 | = | 0.0% |
| Other amounts receivable | 41 | €48,865 | €47,090 | -€1,776 | -3.6% |
| Deferred charges and accrued income | 490/1 | €614 | €9,482 | +€8,868 | +1,444% |
| Total equity and liabilities | 10/49 | €675,851 | €663,087 | -€12,764 | -1.9% |
| Equity | 10/15 | €103,343 | €86,706 | -€16,636 | -16.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €246,814 | €246,814 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €243,715 | €243,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,471 | -€222,107 | -€16,636 | -8.1% |
| Provisions and deferred taxes | 16 | €24,871 | €24,871 | = | 0.0% |
| Deferred taxes | 168 | €24,871 | €24,871 | = | 0.0% |
| Amounts payable | 17/49 | €547,638 | €551,510 | +€3,872 | +0.7% |
| Amounts payable within one year | 42/48 | €547,638 | €551,510 | +€3,872 | +0.7% |
| Financial debts | 43 | €324,234 | €345,213 | +€20,978 | +6.5% |
| Credit institutions | 430/8 | €25,874 | €26,373 | +€499 | +1.9% |
| Other loans | 439 | €298,361 | €318,840 | +€20,479 | +6.9% |
| Trade debts | 44 | €17,106 | - | -€17,106 | |
| Suppliers | 440/4 | €17,106 | - | -€17,106 | |
| Other amounts payable | 47/48 | €206,297 | €206,297 | = | 0.0% |
| Turnover | 70 | €10,415 | €10,950 | +€535 | +5.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,686 | €218 | -€24,468 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,857 | €19,857 | = | 0.0% |
| Other operating charges | 640/8 | €6,331 | €7,151 | +€820 | +12.9% |
| Gross operating margin | 9900 | -€14,271 | €12,331 | +€26,602 | |
| Operating profit (loss) | 9901 | -€40,459 | -€14,677 | +€25,782 | +63.7% |
| Financial charges | 65/66B | €22 | €1,960 | +€1,938 | +8,989% |
| Recurring financial charges | 65 | €22 | €1,960 | +€1,938 | +8,989% |
| Profit (loss) for the period before taxes | 9903 | -€40,480 | -€16,636 | +€23,844 | +58.9% |
| Profit (loss) for the period | 9904 | -€40,480 | -€16,636 | +€23,844 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,480 | -€16,636 | +€23,844 | +58.9% |
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 31 October 2026 via checked.be.