Eo studio: 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.
Eo studio
Largest movements
- Cash +€62,031
up €62,031 (+219.5%), from €28,266 to €90,297
mainly Net result for the year (+€40,742) and Provisions (+€26,274)
- Receivables within one year +€14,223
up €14,223 (+135.7%), from €10,482 to €24,705
- Profit (loss) carried forward +€40,742
up €40,742 (+157.2%), from €25,922 to €66,665
- Provisions +€26,274
new in 2025: €26,274
- Tax, wage and social debts +€9,922
up €9,922 (+97.6%), from €10,167 to €20,089
- Accrued charges and deferred income -€1,218
down €1,218 (-91.5%), from €1,330 to €112
- Gross operating margin +€52,802
up €52,802 (+157.7%), from €33,482 to €86,283
- Provisions +€26,274
new in 2025: €26,274
- Taxes +€10,935
up €10,935 (+155.1%), from €7,049 to €17,984
- Depreciation +€1,158
up €1,158 (+1858.9%), from €62 to €1,220
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 | €41,359 | €117,599 | +€76,240 | +184.3% |
| Fixed assets | 21/28 | €2,568 | €2,597 | +€29 | +1.1% |
| Tangible fixed assets | 22/27 | €2,568 | €2,597 | +€29 | +1.1% |
| Plant, machinery and equipment | 23 | €2,568 | €2,597 | +€29 | +1.1% |
| Current assets | 29/58 | €38,791 | €115,002 | +€76,211 | +196.5% |
| Amounts receivable within one year | 40/41 | €10,482 | €24,705 | +€14,223 | +135.7% |
| Trade receivables | 40 | €10,482 | €24,705 | +€14,223 | +135.7% |
| Cash at bank and in hand | 54/58 | €28,266 | €90,297 | +€62,031 | +219.5% |
| Deferred charges and accrued income | 490/1 | €44 | €0 | -€44 | -100.0% |
| Total equity and liabilities | 10/49 | €41,359 | €117,599 | +€76,240 | +184.3% |
| Equity | 10/15 | €28,422 | €69,165 | +€40,742 | +143.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,922 | €66,665 | +€40,742 | +157.2% |
| Provisions and deferred taxes | 16 | - | €26,274 | +€26,274 | |
| Provisions for liabilities and charges | 160/5 | - | €26,274 | +€26,274 | |
| Other liabilities and charges | 164/5 | - | €26,274 | +€26,274 | |
| Amounts payable | 17/49 | €12,937 | €22,160 | +€9,224 | +71.3% |
| Amounts payable within one year | 42/48 | €11,607 | €22,048 | +€10,441 | +90.0% |
| Trade debts | 44 | €1,440 | €1,731 | +€291 | +20.2% |
| Suppliers | 440/4 | €1,440 | €1,731 | +€291 | +20.2% |
| Taxes, remuneration and social security | 45 | €10,167 | €20,089 | +€9,922 | +97.6% |
| Taxes | 450/3 | €10,167 | €20,089 | +€9,922 | +97.6% |
| Other amounts payable | 47/48 | - | €228 | +€228 | |
| Accrued charges and deferred income | 492/3 | €1,330 | €112 | -€1,218 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62 | €1,220 | +€1,158 | +1858.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €26,274 | +€26,274 | |
| Other operating charges | 640/8 | €437 | €0 | -€437 | -100.0% |
| Gross operating margin | 9900 | €33,482 | €86,283 | +€52,802 | +157.7% |
| Operating profit (loss) | 9901 | €32,982 | €58,789 | +€25,807 | +78.2% |
| Financial income | 75/76B | €7 | €1 | -€6 | -86.1% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -86.1% |
| Financial charges | 65/66B | €18 | €63 | +€45 | +255.1% |
| Recurring financial charges | 65 | €18 | €63 | +€45 | +255.1% |
| Profit (loss) for the period before taxes | 9903 | €32,971 | €58,727 | +€25,755 | +78.1% |
| Income taxes | 67/77 | €7,049 | €17,984 | +€10,935 | +155.1% |
| Profit (loss) for the period | 9904 | €25,922 | €40,742 | +€14,820 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,922 | €40,742 | +€14,820 | +57.2% |
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 5 October 2026 via checked.be.