EOLA: 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.
EOLA
Largest movements
- Cash +€36,850
up €36,850 (+100.9%), from €36,539 to €73,389
mainly Net result for the year (+€55,915) and Depreciation (+€6,590)
- Receivables within one year +€19,314
up €19,314 (+450.2%), from €4,290 to €23,604
- Tangible fixed assets -€6,590
down €6,590 (-28.4%), from €23,174 to €16,584
- Reserves +€55,915
up €55,915 (+157.5%), from €35,506 to €91,420
- Debts after one year -€5,508
down €5,508 (-37.0%), from €14,866 to €9,359
- Gross operating margin +€61,463
up €61,463 (+360.4%), from €17,054 to €78,517
- Taxes +€11,189
up €11,189 (+361.4%), from €3,096 to €14,286
- Financial income -€1,600
no longer reported in 2025 (was €1,600)
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 | €64,003 | €113,576 | +€49,573 | +77.5% |
| Fixed assets | 21/28 | €23,174 | €16,584 | -€6,590 | -28.4% |
| Tangible fixed assets | 22/27 | €23,174 | €16,584 | -€6,590 | -28.4% |
| Furniture and vehicles | 24 | €23,174 | €16,584 | -€6,590 | -28.4% |
| Current assets | 29/58 | €40,829 | €96,993 | +€56,164 | +137.6% |
| Amounts receivable within one year | 40/41 | €4,290 | €23,604 | +€19,314 | +450.2% |
| Other amounts receivable | 41 | €4,290 | €23,604 | +€19,314 | +450.2% |
| Cash at bank and in hand | 54/58 | €36,539 | €73,389 | +€36,850 | +100.9% |
| Total equity and liabilities | 10/49 | €64,003 | €113,576 | +€49,573 | +77.5% |
| Equity | 10/15 | €38,506 | €94,420 | +€55,915 | +145.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,506 | €91,420 | +€55,915 | +157.5% |
| Distributable reserves | 133 | €35,506 | €91,420 | +€55,915 | +157.5% |
| Amounts payable | 17/49 | €25,497 | €19,156 | -€6,341 | -24.9% |
| Amounts payable after more than one year | 17 | €14,866 | €9,359 | -€5,508 | -37.0% |
| Financial debts | 170/4 | €14,866 | €9,359 | -€5,508 | -37.0% |
| Amounts payable within one year | 42/48 | €10,631 | €9,797 | -€833 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €5,215 | €5,508 | +€292 | +5.6% |
| Trade debts | 44 | €5,415 | €4,290 | -€1,126 | -20.8% |
| Suppliers | 440/4 | €5,415 | €4,290 | -€1,126 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,590 | €6,590 | = | 0.0% |
| Other operating charges | 640/8 | €590 | €609 | +€19 | +3.3% |
| Gross operating margin | 9900 | €17,054 | €78,517 | +€61,463 | +360.4% |
| Operating profit (loss) | 9901 | €9,875 | €71,318 | +€61,444 | +622.2% |
| Financial income | 75/76B | €1,600 | - | -€1,600 | |
| Recurring financial income | 75 | €1,600 | - | -€1,600 | |
| Financial charges | 65/66B | €1,382 | €1,118 | -€264 | -19.1% |
| Recurring financial charges | 65 | €1,382 | €1,118 | -€264 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €10,093 | €70,200 | +€60,107 | +595.5% |
| Income taxes | 67/77 | €3,096 | €14,286 | +€11,189 | +361.4% |
| Profit (loss) for the period | 9904 | €6,997 | €55,915 | +€48,918 | +699.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,997 | €55,915 | +€48,918 | +699.2% |
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 8 October 2026 via checked.be.