Event-M: 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.
Event-M
Largest movements
- Tangible fixed assets +€43,300
up €43,300 (+332.7%), from €13,014 to €56,314
of which Plant, machinery and equipment: +€26,410
- Cash -€40,500
down €40,500 (-45.6%), from €88,870 to €48,370
mainly Investment in fixed assets (net) (-€54,637) and Receivables within one year (-€26,073)
- Receivables within one year +€26,073
up €26,073 (+97.0%), from €26,875 to €52,948
of which Other amounts receivable: +€14,983
- Trade debts +€28,107
up €28,107 (+1019.8%), from €2,756 to €30,863
- Other debts -€9,885
down €9,885 (-67.7%), from €14,598 to €4,713
- Reserves +€9,305
up €9,305 (+6.7%), from €139,386 to €148,691
- Gross operating margin -€22,244
down €22,244 (-42.4%), from €52,499 to €30,255
- Taxes -€6,677
down €6,677 (-50.5%), from €13,212 to €6,535
- Depreciation +€5,471
up €5,471 (+74.4%), from €7,351 to €12,822
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 | €176,740 | €204,267 | +€27,527 | +15.6% |
| Fixed assets | 21/28 | €58,614 | €100,429 | +€41,815 | +71.3% |
| Tangible fixed assets | 22/27 | €13,014 | €56,314 | +€43,300 | +332.7% |
| Plant, machinery and equipment | 23 | €2,873 | €29,283 | +€26,410 | +919.2% |
| Furniture and vehicles | 24 | €10,141 | €3,662 | -€6,479 | -63.9% |
| Other tangible fixed assets | 26 | - | €23,369 | +€23,369 | |
| Financial fixed assets | 28 | €45,600 | €44,115 | -€1,485 | -3.3% |
| Current assets | 29/58 | €118,126 | €103,838 | -€14,288 | -12.1% |
| Amounts receivable within one year | 40/41 | €26,875 | €52,948 | +€26,073 | +97.0% |
| Trade receivables | 40 | €13,735 | €24,825 | +€11,090 | +80.7% |
| Other amounts receivable | 41 | €13,140 | €28,123 | +€14,983 | +114.0% |
| Cash at bank and in hand | 54/58 | €88,870 | €48,370 | -€40,500 | -45.6% |
| Deferred charges and accrued income | 490/1 | €2,381 | €2,520 | +€139 | +5.8% |
| Total equity and liabilities | 10/49 | €176,740 | €204,267 | +€27,527 | +15.6% |
| Equity | 10/15 | €159,386 | €168,691 | +€9,305 | +5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €139,386 | €148,691 | +€9,305 | +6.7% |
| Distributable reserves | 133 | €139,386 | €148,691 | +€9,305 | +6.7% |
| Amounts payable | 17/49 | €17,354 | €35,576 | +€18,222 | +105.0% |
| Amounts payable within one year | 42/48 | €17,354 | €35,576 | +€18,222 | +105.0% |
| Trade debts | 44 | €2,756 | €30,863 | +€28,107 | +1019.8% |
| Suppliers | 440/4 | €2,756 | €30,863 | +€28,107 | +1019.8% |
| Other amounts payable | 47/48 | €14,598 | €4,713 | -€9,885 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,351 | €12,822 | +€5,471 | +74.4% |
| Other operating charges | 640/8 | €1,522 | €1,405 | -€117 | -7.7% |
| Gross operating margin | 9900 | €52,499 | €30,255 | -€22,244 | -42.4% |
| Operating profit (loss) | 9901 | €43,626 | €16,028 | -€27,598 | -63.3% |
| Financial income | 75/76B | €4 | €74 | +€70 | +1750.0% |
| Recurring financial income | 75 | €4 | €74 | +€70 | +1750.0% |
| Financial charges | 65/66B | €115 | €262 | +€147 | +127.8% |
| Recurring financial charges | 65 | €115 | €262 | +€147 | +127.8% |
| Profit (loss) for the period before taxes | 9903 | €43,515 | €15,840 | -€27,675 | -63.6% |
| Income taxes | 67/77 | €13,212 | €6,535 | -€6,677 | -50.5% |
| Profit (loss) for the period | 9904 | €30,303 | €9,305 | -€20,998 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,303 | €9,305 | -€20,998 | -69.3% |
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.