EW Data Analysis: what changed
EW Data Analysis
Largest movements
- Tangible fixed assets -€1,083
down €1,083 (-32.1%), from €3,378 to €2,295
of which Furniture and vehicles: -€937
- Cash -€1,049
down €1,049 (-6.1%), from €17,191 to €16,141
mainly Contributions, distributions and other (-€11,765) and Investment in fixed assets (net) (-€499)
- Profit (loss) carried forward -€2,065
down €2,065 (-12.3%), from €16,731 to €14,665
- Tax, wage and social debts +€576
up €576 (+11.4%), from €5,074 to €5,650
- Trade debts -€455
down €455 (-85.2%), from €534 to €79
- Gross operating margin +€6,293
up €6,293 (+69.9%), from €8,998 to €15,291
- Taxes +€1,519
up €1,519 (+73.5%), from €2,066 to €3,585
- Depreciation +€443
up €443 (+38.9%), from €1,139 to €1,582
- Financial charges +€289
up €289 (+189%), from €153 to €443
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,339 | €20,395 | -€1,944 | -8.7% |
| Fixed assets | 21/28 | €3,378 | €2,295 | -€1,083 | -32.1% |
| Tangible fixed assets | 22/27 | €3,378 | €2,295 | -€1,083 | -32.1% |
| Plant, machinery and equipment | 23 | €1,400 | €1,254 | -€145 | -10.4% |
| Furniture and vehicles | 24 | €1,978 | €1,041 | -€937 | -47.4% |
| Current assets | 29/58 | €18,961 | €18,100 | -€861 | -4.5% |
| Amounts receivable within one year | 40/41 | €1,770 | €1,958 | +€188 | +10.6% |
| Trade receivables | 40 | €1,416 | €1,066 | -€349 | -24.7% |
| Other amounts receivable | 41 | €354 | €892 | +€538 | +152% |
| Cash at bank and in hand | 54/58 | €17,191 | €16,141 | -€1,049 | -6.1% |
| Total equity and liabilities | 10/49 | €22,339 | €20,395 | -€1,944 | -8.7% |
| Equity | 10/15 | €16,732 | €14,666 | -€2,065 | -12.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,731 | €14,665 | -€2,065 | -12.3% |
| Amounts payable | 17/49 | €5,607 | €5,728 | +€121 | +2.2% |
| Amounts payable within one year | 42/48 | €5,607 | €5,728 | +€121 | +2.2% |
| Trade debts | 44 | €534 | €79 | -€455 | -85.2% |
| Suppliers | 440/4 | €534 | €79 | -€455 | -85.2% |
| Taxes, remuneration and social security | 45 | €5,074 | €5,650 | +€576 | +11.4% |
| Taxes | 450/3 | €5,074 | €5,650 | +€576 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,139 | €1,582 | +€443 | +38.9% |
| Gross operating margin | 9900 | €8,998 | €15,291 | +€6,293 | +69.9% |
| Operating profit (loss) | 9901 | €7,859 | €13,709 | +€5,850 | +74.4% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €153 | €443 | +€289 | +189% |
| Recurring financial charges | 65 | €153 | €443 | +€289 | +189% |
| Profit (loss) for the period before taxes | 9903 | €7,706 | €13,285 | +€5,579 | +72.4% |
| Income taxes | 67/77 | €2,066 | €3,585 | +€1,519 | +73.5% |
| Profit (loss) for the period | 9904 | €5,640 | €9,700 | +€4,060 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,640 | €9,700 | +€4,060 | +72.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.