EMILE EYLENBOSCH: 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.
What changed
EMILE EYLENBOSCH
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€158,820
2024 · €72,013-€230,833
Equity
€939,692
2024 · €1.1m-€158,820
Cash
€12,565
2024 · €49,203-€36,638
Balance sheet total
€3.9m
2024 · €4.2m-€308,101
Largest movements
Assets
- Receivables after one year -€161,875
down €161,875 (-100.0%), from €161,875 to €0
- Tangible fixed assets -€123,238
down €123,238 (-3.1%), from €4.0m to €3.8m
of which Land and buildings: -€123,387
Equity and liabilities
- Debts after one year -€134,046
down €134,046 (-5.7%), from €2.4m to €2.2m
- Profit (loss) carried forward -€89,980
down €89,980 (-8.1%), from -€1.1m to -€1.2m
- Reserves -€68,840
down €68,840 (-3.4%), from €2.0m to €2.0m
of which Tax-exempt reserves: -€68,840
Income statement
- Financial charges +€160,149
up €160,149 (+479.6%), from €33,393 to €193,541
- Gross operating margin -€70,593
down €70,593 (-33.1%), from €213,304 to €142,711
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.
Result 2024
€72,013
Gross operating margin
-€70,593
Depreciation
-€2,024
Other operating charges
+€1,425
Financial income
+€507
Financial charges
-€160,149
Result 2025
-€158,820
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.
From operations
+€87,819
Investment
+€7,898
Financing
-€132,355
Cash 2024
€49,203
From operations (derived)
+€87,819
Net result for the year
-€158,820
Depreciation
+€126,581
Receivables after one year
+€161,875
Receivables within one year
-€26,100
Deferred charges and accrued income
+€1,209
Provisions
-€22,947
Trade debts
+€3,524
Smaller working-capital items
-€233
Accrued charges and deferred income
+€2,730
Investment (derived)
+€7,898
Investment in fixed assets (net)
-€3,344
Current investments
+€11,241
Financing
-€132,355
Debts after one year
-€134,046
Current portion of long-term debt
+€1,691
Cash 2025
€12,565
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,223,643 | €3,915,542 | -€308,101 | -7.3% |
| Fixed assets | 21/28 | €3,950,195 | €3,826,958 | -€123,238 | -3.1% |
| Tangible fixed assets | 22/27 | €3,950,195 | €3,826,958 | -€123,238 | -3.1% |
| Land and buildings | 22 | €3,941,643 | €3,818,256 | -€123,387 | -3.1% |
| Plant, machinery and equipment | 23 | €8,075 | €8,471 | +€396 | +4.9% |
| Furniture and vehicles | 24 | €478 | €231 | -€247 | -51.7% |
| Current assets | 29/58 | €273,447 | €88,584 | -€184,863 | -67.6% |
| Amounts receivable after more than one year | 29 | €161,875 | €0 | -€161,875 | -100.0% |
| Other amounts receivable | 291 | €161,875 | €0 | -€161,875 | -100.0% |
| Amounts receivable within one year | 40/41 | €0 | €26,100 | +€26,100 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €26,100 | +€26,100 | |
| Current investments | 50/53 | €60,000 | €48,759 | -€11,241 | -18.7% |
| Cash at bank and in hand | 54/58 | €49,203 | €12,565 | -€36,638 | -74.5% |
| Deferred charges and accrued income | 490/1 | €2,370 | €1,160 | -€1,209 | -51.0% |
| Total equity and liabilities | 10/49 | €4,223,643 | €3,915,542 | -€308,101 | -7.3% |
| Equity | 10/15 | €1,098,512 | €939,692 | -€158,820 | -14.5% |
| Contributions | 10/11 | €173,548 | €173,548 | = | 0.0% |
| Capital | 10 | €173,548 | €173,548 | = | 0.0% |
| Issued capital | 100 | €173,548 | €173,548 | = | 0.0% |
| Reserves | 13 | €2,031,558 | €1,962,718 | -€68,840 | -3.4% |
| Non-distributable reserves | 130/1 | €42,142 | €42,142 | = | 0.0% |
| Legal reserve | 130 | €42,142 | €42,142 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,836,290 | €1,767,450 | -€68,840 | -3.7% |
| Distributable reserves | 133 | €153,126 | €153,126 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,106,594 | -€1,196,575 | -€89,980 | -8.1% |
| Provisions and deferred taxes | 16 | €612,097 | €589,150 | -€22,947 | -3.7% |
| Deferred taxes | 168 | €612,097 | €589,150 | -€22,947 | -3.7% |
| Amounts payable | 17/49 | €2,513,034 | €2,386,700 | -€126,334 | -5.0% |
| Amounts payable after more than one year | 17 | €2,372,317 | €2,238,271 | -€134,046 | -5.7% |
| Financial debts | 170/4 | €2,372,317 | €2,238,271 | -€134,046 | -5.7% |
| Amounts payable within one year | 42/48 | €136,028 | €141,009 | +€4,981 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €132,355 | €134,046 | +€1,691 | +1.3% |
| Trade debts | 44 | €455 | €3,979 | +€3,524 | +774.6% |
| Suppliers | 440/4 | €455 | €3,979 | +€3,524 | +774.6% |
| Taxes, remuneration and social security | 45 | €93 | €0 | -€93 | -100.0% |
| Taxes | 450/3 | €93 | €0 | -€93 | -100.0% |
| Other amounts payable | 47/48 | €3,125 | €2,985 | -€140 | -4.5% |
| Accrued charges and deferred income | 492/3 | €4,690 | €7,420 | +€2,730 | +58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,557 | €126,581 | +€2,024 | +1.6% |
| Other operating charges | 640/8 | €11,638 | €10,213 | -€1,425 | -12.2% |
| Gross operating margin | 9900 | €213,304 | €142,711 | -€70,593 | -33.1% |
| Operating profit (loss) | 9901 | €77,108 | €5,917 | -€71,191 | -92.3% |
| Financial income | 75/76B | €5,351 | €5,858 | +€507 | +9.5% |
| Recurring financial income | 75 | €5,351 | €5,858 | +€507 | +9.5% |
| Financial charges | 65/66B | €33,393 | €193,541 | +€160,149 | +479.6% |
| Recurring financial charges | 65 | €33,393 | €193,541 | +€160,149 | +479.6% |
| Profit (loss) for the period before taxes | 9903 | €49,066 | -€181,767 | -€230,833 | |
| Transfer from deferred taxes | 780 | €22,947 | €22,947 | = | 0.0% |
| Profit (loss) for the period | 9904 | €72,013 | -€158,820 | -€230,833 | |
| Transfer from tax-exempt reserves | 789 | €68,840 | €68,840 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €140,853 | -€89,980 | -€230,833 |
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 12 October 2026 via checked.be.