EYECATCHER: 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.
EYECATCHER
Largest movements
- Cash +€94,095
up €94,095 (+54.1%), from €173,954 to €268,049
mainly Net result for the year (+€89,524) and Depreciation (+€21,873)
- Tangible fixed assets -€18,908
down €18,908 (-15.6%), from €121,320 to €102,413
of which Plant, machinery and equipment: -€12,949
- Profit (loss) carried forward +€89,524
up €89,524 (+55.6%), from €160,877 to €250,402
- Debts after one year -€13,031
down €13,031 (-14.7%), from €88,674 to €75,643
- Other debts -€8,957
down €8,957 (-27.0%), from €33,187 to €24,230
- Tax, wage and social debts +€5,864
up €5,864 (+32.8%), from €17,864 to €23,728
of which Taxes: +€6,103
- Gross operating margin +€46,359
up €46,359 (+35.1%), from €132,181 to €178,541
- Financial charges +€28,749
up €28,749 (+1370.2%), from €2,098 to €30,847
- Provisions -€27,813
down €27,813 (-96.5%), from €28,826 to €1,013
- Depreciation +€6,234
up €6,234 (+39.9%), from €15,638 to €21,873
- Taxes +€3,217
up €3,217 (+14.1%), from €22,826 to €26,043
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 | €356,223 | €433,446 | +€77,223 | +21.7% |
| Fixed assets | 21/28 | €121,320 | €102,413 | -€18,908 | -15.6% |
| Tangible fixed assets | 22/27 | €121,320 | €102,413 | -€18,908 | -15.6% |
| Plant, machinery and equipment | 23 | €80,926 | €67,977 | -€12,949 | -16.0% |
| Furniture and vehicles | 24 | €40,395 | €34,436 | -€5,959 | -14.8% |
| Current assets | 29/58 | €234,903 | €331,034 | +€96,131 | +40.9% |
| Stocks and contracts in progress | 3 | €56,590 | €58,223 | +€1,633 | +2.9% |
| Stocks | 30/36 | €56,590 | €58,223 | +€1,633 | +2.9% |
| Amounts receivable within one year | 40/41 | €630 | €199 | -€431 | -68.4% |
| Trade receivables | 40 | €405 | €15 | -€390 | -96.3% |
| Other amounts receivable | 41 | €225 | €184 | -€41 | -18.1% |
| Cash at bank and in hand | 54/58 | €173,954 | €268,049 | +€94,095 | +54.1% |
| Deferred charges and accrued income | 490/1 | €3,729 | €4,563 | +€834 | +22.4% |
| Total equity and liabilities | 10/49 | €356,223 | €433,446 | +€77,223 | +21.7% |
| Equity | 10/15 | €165,877 | €255,402 | +€89,524 | +54.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,877 | €250,402 | +€89,524 | +55.6% |
| Provisions and deferred taxes | 16 | €28,826 | €29,838 | +€1,013 | +3.5% |
| Provisions for liabilities and charges | 160/5 | €28,826 | €29,838 | +€1,013 | +3.5% |
| Other liabilities and charges | 164/5 | €28,826 | €29,838 | +€1,013 | +3.5% |
| Amounts payable | 17/49 | €161,520 | €148,206 | -€13,314 | -8.2% |
| Amounts payable after more than one year | 17 | €88,674 | €75,643 | -€13,031 | -14.7% |
| Financial debts | 170/4 | €88,674 | €75,643 | -€13,031 | -14.7% |
| Amounts payable within one year | 42/48 | €72,847 | €72,564 | -€283 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €12,633 | €13,031 | +€398 | +3.2% |
| Trade debts | 44 | €9,163 | €11,575 | +€2,412 | +26.3% |
| Suppliers | 440/4 | €9,163 | €11,575 | +€2,412 | +26.3% |
| Taxes, remuneration and social security | 45 | €17,864 | €23,728 | +€5,864 | +32.8% |
| Taxes | 450/3 | €16,039 | €22,142 | +€6,103 | +38.1% |
| Remuneration and social security | 454/9 | €1,825 | €1,586 | -€239 | -13.1% |
| Other amounts payable | 47/48 | €33,187 | €24,230 | -€8,957 | -27.0% |
| Remuneration, social security and pensions | 62 | €7,029 | €10,076 | +€3,047 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,638 | €21,873 | +€6,234 | +39.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €28,826 | €1,013 | -€27,813 | -96.5% |
| Other operating charges | 640/8 | €3,439 | €732 | -€2,707 | -78.7% |
| Gross operating margin | 9900 | €132,181 | €178,541 | +€46,359 | +35.1% |
| Operating profit (loss) | 9901 | €77,250 | €144,847 | +€67,597 | +87.5% |
| Financial income | 75/76B | €982 | €1,567 | +€584 | +59.5% |
| Recurring financial income | 75 | €982 | €1,567 | +€584 | +59.5% |
| Financial charges | 65/66B | €2,098 | €30,847 | +€28,749 | +1370.2% |
| Recurring financial charges | 65 | €2,098 | €30,847 | +€28,749 | +1370.2% |
| Profit (loss) for the period before taxes | 9903 | €76,134 | €115,567 | +€39,433 | +51.8% |
| Income taxes | 67/77 | €22,826 | €26,043 | +€3,217 | +14.1% |
| Profit (loss) for the period | 9904 | €53,308 | €89,524 | +€36,216 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,308 | €89,524 | +€36,216 | +67.9% |
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 30 September 2026 via checked.be.