Eva Erauw: 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.
Eva Erauw
Largest movements
- Cash -€112,702
down €112,702 (-65.0%), from €173,290 to €60,588
mainly Contributions, distributions and other (-€1.4m) and Deferred charges and accrued income (-€80,000)
- Deferred charges and accrued income +€80,000
new in 2025: €80,000
- Current investments +€41,675
up €41,675 (+3.5%), from €1.2m to €1.2m
- Other debts +€638,703
up €638,703 (+199%), from €320,165 to €958,868
- Profit (loss) carried forward -€622,238
down €622,238 (-99.9%), from €623,094 to €857
- Gross operating margin +€144,038
up €144,038 (+17.8%), from €809,827 to €953,864
- Taxes +€32,508
up €32,508 (+15.5%), from €209,632 to €242,139
- Financial income +€11,431
up €11,431 (+25.1%), from €45,611 to €57,042
- Depreciation -€10,951
down €10,951 (-59.9%), from €18,283 to €7,332
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
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 | €1,427,234 | €1,434,976 | +€7,742 | +0.5% |
| Fixed assets | 21/28 | €46,615 | €39,283 | -€7,332 | -15.7% |
| Tangible fixed assets | 22/27 | €46,615 | €39,283 | -€7,332 | -15.7% |
| Plant, machinery and equipment | 23 | €1,536 | €545 | -€991 | -64.5% |
| Furniture and vehicles | 24 | €45,079 | €38,737 | -€6,342 | -14.1% |
| Current assets | 29/58 | €1,380,619 | €1,395,693 | +€15,074 | +1.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €6,101 | +€6,101 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €6,101 | +€6,101 | |
| Current investments | 50/53 | €1,207,329 | €1,249,004 | +€41,675 | +3.5% |
| Cash at bank and in hand | 54/58 | €173,290 | €60,588 | -€112,702 | -65.0% |
| Deferred charges and accrued income | 490/1 | - | €80,000 | +€80,000 | |
| Total equity and liabilities | 10/49 | €1,427,234 | €1,434,976 | +€7,742 | +0.5% |
| Equity | 10/15 | €1,024,644 | €402,407 | -€622,238 | -60.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €383,000 | €383,000 | = | 0.0% |
| Distributable reserves | 133 | €383,000 | €383,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €623,094 | €857 | -€622,238 | -99.9% |
| Amounts payable | 17/49 | €402,589 | €1,032,569 | +€629,979 | +156% |
| Amounts payable within one year | 42/48 | €402,589 | €1,032,569 | +€629,979 | +156% |
| Trade debts | 44 | €19,359 | €6,416 | -€12,943 | -66.9% |
| Suppliers | 440/4 | €19,359 | €6,416 | -€12,943 | -66.9% |
| Advances received on contracts in progress | 46 | - | €12,290 | +€12,290 | |
| Taxes, remuneration and social security | 45 | €63,066 | €54,995 | -€8,071 | -12.8% |
| Taxes | 450/3 | €63,066 | €54,995 | -€8,071 | -12.8% |
| Other amounts payable | 47/48 | €320,165 | €958,868 | +€638,703 | +199% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,283 | €7,332 | -€10,951 | -59.9% |
| Other operating charges | 640/8 | €1,361 | €1,143 | -€218 | -16.0% |
| Gross operating margin | 9900 | €809,827 | €953,864 | +€144,038 | +17.8% |
| Operating profit (loss) | 9901 | €790,183 | €945,389 | +€155,206 | +19.6% |
| Financial income | 75/76B | €45,611 | €57,042 | +€11,431 | +25.1% |
| Recurring financial income | 75 | €45,611 | €57,042 | +€11,431 | +25.1% |
| Financial charges | 65/66B | €3,729 | €4,530 | +€800 | +21.5% |
| Recurring financial charges | 65 | €3,729 | €4,530 | +€800 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €832,065 | €997,902 | +€165,837 | +19.9% |
| Income taxes | 67/77 | €209,632 | €242,139 | +€32,508 | +15.5% |
| Profit (loss) for the period | 9904 | €622,434 | €755,762 | +€133,329 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €622,434 | €755,762 | +€133,329 | +21.4% |
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 16 October 2026 via checked.be.