EOCENE GROUP: 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.
EOCENE GROUP
Largest movements
- Cash +€75,673
up €75,673 (+61.4%), from €123,322 to €198,995
mainly Tax, wage and social debts (+€48,881) and Trade debts (+€46,148)
- Tangible fixed assets +€47,119
up €47,119 (+10.2%), from €461,281 to €508,401
of which Land and buildings: +€45,871
- Deferred charges and accrued income +€38,749
up €38,749 (+283.1%), from €13,687 to €52,436
- Receivables within one year -€22,124
down €22,124 (-3.7%), from €602,229 to €580,105
of which Trade receivables: -€57,812
- Tax, wage and social debts +€48,881
up €48,881 (+22.9%), from €213,872 to €262,753
of which Remuneration and social security: +€25,831
- Trade debts +€46,148
up €46,148 (+14.1%), from €326,906 to €373,054
- Current portion of long-term debt +€21,899
up €21,899 (+23.1%), from €94,818 to €116,717
- Gross operating margin +€441,435
up €441,435 (+31.3%), from €1.4m to €1.9m
- Staff costs +€424,319
up €424,319 (+33.5%), from €1.3m to €1.7m
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 | €1,230,594 | €1,370,011 | +€139,417 | +11.3% |
| Fixed assets | 21/28 | €491,356 | €538,476 | +€47,119 | +9.6% |
| Tangible fixed assets | 22/27 | €461,281 | €508,401 | +€47,119 | +10.2% |
| Land and buildings | 22 | €435,071 | €480,942 | +€45,871 | +10.5% |
| Plant, machinery and equipment | 23 | €1,983 | €1,742 | -€241 | -12.1% |
| Furniture and vehicles | 24 | €24,227 | €25,716 | +€1,489 | +6.1% |
| Financial fixed assets | 28 | €30,075 | €30,075 | = | 0.0% |
| Current assets | 29/58 | €739,238 | €831,536 | +€92,298 | +12.5% |
| Amounts receivable within one year | 40/41 | €602,229 | €580,105 | -€22,124 | -3.7% |
| Trade receivables | 40 | €561,114 | €503,302 | -€57,812 | -10.3% |
| Other amounts receivable | 41 | €41,115 | €76,803 | +€35,688 | +86.8% |
| Cash at bank and in hand | 54/58 | €123,322 | €198,995 | +€75,673 | +61.4% |
| Deferred charges and accrued income | 490/1 | €13,687 | €52,436 | +€38,749 | +283.1% |
| Total equity and liabilities | 10/49 | €1,230,594 | €1,370,011 | +€139,417 | +11.3% |
| Equity | 10/15 | €216,052 | €229,086 | +€13,035 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,536 | €103,571 | +€13,035 | +14.4% |
| Distributable reserves | 133 | €90,536 | €103,571 | +€13,035 | +14.4% |
| Profit (loss) carried forward | 14 | €119,316 | €119,316 | = | 0.0% |
| Amounts payable | 17/49 | €1,014,542 | €1,140,925 | +€126,383 | +12.5% |
| Amounts payable after more than one year | 17 | €360,111 | €364,537 | +€4,426 | +1.2% |
| Financial debts | 170/4 | €360,111 | €364,537 | +€4,426 | +1.2% |
| Amounts payable within one year | 42/48 | €653,151 | €774,542 | +€121,391 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €94,818 | €116,717 | +€21,899 | +23.1% |
| Financial debts | 43 | €7,059 | €8,761 | +€1,703 | +24.1% |
| Credit institutions | 430/8 | €7,059 | €8,761 | +€1,703 | +24.1% |
| Trade debts | 44 | €326,906 | €373,054 | +€46,148 | +14.1% |
| Suppliers | 440/4 | €326,906 | €373,054 | +€46,148 | +14.1% |
| Taxes, remuneration and social security | 45 | €213,872 | €262,753 | +€48,881 | +22.9% |
| Taxes | 450/3 | €25,644 | €48,694 | +€23,050 | +89.9% |
| Remuneration and social security | 454/9 | €188,228 | €214,059 | +€25,831 | +13.7% |
| Other amounts payable | 47/48 | €10,496 | €13,256 | +€2,760 | +26.3% |
| Accrued charges and deferred income | 492/3 | €1,280 | €1,846 | +€566 | +44.2% |
| Non-recurring operating income | 76A | - | €1,148 | +€1,148 | |
| Remuneration, social security and pensions | 62 | €1,266,394 | €1,690,712 | +€424,319 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,788 | €29,359 | +€4,570 | +18.4% |
| Other operating charges | 640/8 | €10,998 | €6,065 | -€4,933 | -44.9% |
| Non-recurring operating charges | 66A | €53 | €53 | -€0 | -0.3% |
| Gross operating margin | 9900 | €1,409,688 | €1,851,123 | +€441,435 | +31.3% |
| Operating profit (loss) | 9901 | €107,455 | €124,934 | +€17,479 | +16.3% |
| Financial income | 75/76B | €412 | €93 | -€319 | -77.4% |
| Recurring financial income | 75 | €412 | €93 | -€319 | -77.4% |
| Financial charges | 65/66B | €60,336 | €70,557 | +€10,221 | +16.9% |
| Recurring financial charges | 65 | €60,336 | €70,557 | +€10,221 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €47,532 | €54,470 | +€6,938 | +14.6% |
| Income taxes | 67/77 | €31,349 | €41,436 | +€10,087 | +32.2% |
| Profit (loss) for the period | 9904 | €16,183 | €13,035 | -€3,149 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,183 | €13,035 | -€3,149 | -19.5% |
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 10 October 2026 via checked.be.