EY LAW: 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.
What changed
EY LAW
NACE 69.101, Activities of lawyers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€113,718
2024 · €145,307-€31,590
Equity
€1.2m
2024 · €1.0m+€113,718
Cash
€525,874
2024 · €1.7m-€1.2m
Balance sheet total
€4.8m
2024 · €8.2m-€3.4m
Largest movements
Assets
- Receivables within one year -€2.4m
down €2.4m (-47.1%), from €5.1m to €2.7m
of which Trade receivables: -€2.4m
- Cash -€1.2m
down €1.2m (-69.0%), from €1.7m to €525,874
mainly Other debts (-€3.3m) and Trade debts (-€208,096)
- Stocks and contracts +€162,331
up €162,331 (+11.2%), from €1.4m to €1.6m
Equity and liabilities
- Other debts -€3.3m
down €3.3m (-76.5%), from €4.3m to €1.0m
- Trade debts -€208,096
down €208,096 (-8.4%), from €2.5m to €2.3m
- Profit (loss) carried forward +€113,718
up €113,718 (+11.1%), from €1.0m to €1.1m
- Accrued charges and deferred income -€98,537
down €98,537 (-97.4%), from €101,132 to €2,595
Income statement
- Turnover -€1.4m
down €1.4m (-10.4%), from €13.8m to €12.4m
- Services and other goods -€812,817
down €812,817 (-7.2%), from €11.4m to €10.5m
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.
Result 2024
€145,307
Turnover
-€1.4m
Other operating income
-€23,369
Goods and materials
-€89,328
Services and other goods
+€812,817
Staff costs
+€988
Depreciation
+€248
Write-downs
+€32,009
Other operating charges
-€23,010
Other operating items
+€728,282
Financial income
-€40,135
Financial charges
-€34,812
Taxes
+€44,373
Result 2025
€113,718
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.2m
Investment
€0
Financing
€0
Cash 2024
€1.7m
From operations (derived)
-€1.2m
Net result for the year
+€113,718
Depreciation
+€547
Stocks and contracts
-€162,331
Receivables within one year
+€2.4m
Deferred charges and accrued income
-€12,223
Trade debts
-€208,096
Tax, wage and social debts
+€34,492
Advances received
+€24,587
Other debts
-€3.3m
Accrued charges and deferred income
-€98,537
Cash 2025
€525,874
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,234,175 | €4,840,971 | -€3.4m | -41.2% |
| Fixed assets | 21/28 | €1,939 | €1,392 | -€547 | -28.2% |
| Tangible fixed assets | 22/27 | €1,939 | €1,392 | -€547 | -28.2% |
| Furniture and vehicles | 24 | €1,939 | €1,392 | -€547 | -28.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €8,232,235 | €4,839,578 | -€3.4m | -41.2% |
| Stocks and contracts in progress | 3 | €1,445,386 | €1,607,717 | +€162,331 | +11.2% |
| Contracts in progress | 37 | €1,445,386 | €1,607,717 | +€162,331 | +11.2% |
| Amounts receivable within one year | 40/41 | €5,081,155 | €2,686,621 | -€2.4m | -47.1% |
| Trade receivables | 40 | €5,010,806 | €2,649,408 | -€2.4m | -47.1% |
| Other amounts receivable | 41 | €70,348 | €37,213 | -€33,136 | -47.1% |
| Cash at bank and in hand | 54/58 | €1,698,551 | €525,874 | -€1.2m | -69.0% |
| Deferred charges and accrued income | 490/1 | €7,144 | €19,367 | +€12,223 | +171% |
| Total equity and liabilities | 10/49 | €8,234,175 | €4,840,971 | -€3.4m | -41.2% |
| Equity | 10/15 | €1,040,794 | €1,154,511 | +€113,718 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,020,334 | €1,134,051 | +€113,718 | +11.1% |
| Amounts payable | 17/49 | €7,193,381 | €3,686,459 | -€3.5m | -48.8% |
| Amounts payable within one year | 42/48 | €7,092,249 | €3,683,864 | -€3.4m | -48.1% |
| Trade debts | 44 | €2,466,566 | €2,258,470 | -€208,096 | -8.4% |
| Suppliers | 440/4 | €2,466,566 | €2,258,470 | -€208,096 | -8.4% |
| Advances received on contracts in progress | 46 | €296,828 | €321,415 | +€24,587 | +8.3% |
| Taxes, remuneration and social security | 45 | €69,487 | €103,979 | +€34,492 | +49.6% |
| Taxes | 450/3 | €6,792 | €39,614 | +€32,822 | +483% |
| Remuneration and social security | 454/9 | €62,695 | €64,365 | +€1,670 | +2.7% |
| Other amounts payable | 47/48 | €4,259,367 | €1,000,000 | -€3.3m | -76.5% |
| Accrued charges and deferred income | 492/3 | €101,132 | €2,595 | -€98,537 | -97.4% |
| Operating income | 70/76A | €13,278,616 | €12,540,920 | -€737,696 | -5.6% |
| Turnover | 70 | €13,801,003 | €12,361,350 | -€1.4m | -10.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€562,995 | €162,331 | +€725,326 | |
| Other operating income | 74 | €40,608 | €17,239 | -€23,369 | -57.5% |
| Operating charges | 60/66A | €12,914,249 | €12,177,570 | -€736,679 | -5.7% |
| Goods for resale, raw materials and consumables | 60 | €1,131,930 | €1,221,258 | +€89,328 | +7.9% |
| Purchases | 600/8 | €1,131,930 | €1,221,258 | +€89,328 | +7.9% |
| Services and other goods | 61 | €11,355,113 | €10,542,296 | -€812,817 | -7.2% |
| Remuneration, social security and pensions | 62 | €393,613 | €392,625 | -€988 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €795 | €547 | -€248 | -31.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,801 | -€7,208 | -€32,009 | |
| Other operating charges | 640/8 | €5,041 | €28,051 | +€23,010 | +456% |
| Non-recurring operating charges | 66A | €2,956 | €0 | -€2,956 | -100% |
| Operating profit (loss) | 9901 | €364,367 | €363,350 | -€1,016 | -0.3% |
| Financial income | 75/76B | €46,053 | €5,918 | -€40,135 | -87.2% |
| Recurring financial income | 75 | €46,053 | €5,918 | -€40,135 | -87.2% |
| Income from current assets | 751 | - | €350 | +€350 | |
| Other financial income | 752/9 | €46,053 | €5,567 | -€40,485 | -87.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €183,681 | €218,493 | +€34,812 | +19.0% |
| Recurring financial charges | 65 | €183,681 | €218,493 | +€34,812 | +19.0% |
| Debt charges | 650 | €135,256 | €169,620 | +€34,363 | +25.4% |
| Other financial charges | 652/9 | €48,425 | €48,873 | +€448 | +0.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €226,738 | €150,775 | -€75,963 | -33.5% |
| Income taxes | 67/77 | €81,431 | €37,057 | -€44,373 | -54.5% |
| Taxes | 670/3 | €83,396 | €48,045 | -€35,351 | -42.4% |
| Tax adjustments and reversals of tax provisions | 77 | €1,965 | €10,988 | +€9,023 | +459% |
| Profit (loss) for the period | 9904 | €145,307 | €113,718 | -€31,590 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €145,307 | €113,718 | -€31,590 | -21.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.