EYESATWORK: 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.
EYESATWORK
Largest movements
- Current investments +€431,103
up €431,103 (+18.1%), from €2.4m to €2.8m
- Receivables within one year +€177,778
up €177,778 (+22.5%), from €790,381 to €968,159
- Cash +€74,997
up €74,997 (+33.0%), from €227,482 to €302,479
mainly Net result for the year (+€1.2m) and Other debts (+€666,705)
- Other debts +€666,705
up €666,705 (+5,978%), from €11,152 to €677,858
- Tax, wage and social debts +€57,964
up €57,964 (+32.4%), from €178,978 to €236,942
- Reserves -€55,000
down €55,000 (-1.7%), from €3.3m to €3.2m
of which Distributable reserves: -€55,000
- Gross operating margin +€230,191
up €230,191 (+17.2%), from €1.3m to €1.6m
- Financial income +€162,640
up €162,640 (+446%), from €36,475 to €199,116
- Taxes +€82,683
up €82,683 (+20.0%), from €412,687 to €495,370
- Depreciation -€20,905
down €20,905 (-47.5%), from €44,004 to €23,099
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 | €3,530,672 | €4,211,195 | +€680,523 | +19.3% |
| Fixed assets | 21/28 | €131,931 | €128,475 | -€3,457 | -2.6% |
| Tangible fixed assets | 22/27 | €131,931 | €128,475 | -€3,457 | -2.6% |
| Plant, machinery and equipment | 23 | €4,050 | €1,708 | -€2,342 | -57.8% |
| Furniture and vehicles | 24 | €127,881 | €126,766 | -€1,115 | -0.9% |
| Current assets | 29/58 | €3,398,741 | €4,082,721 | +€683,980 | +20.1% |
| Amounts receivable within one year | 40/41 | €790,381 | €968,159 | +€177,778 | +22.5% |
| Trade receivables | 40 | €790,381 | €968,159 | +€177,778 | +22.5% |
| Current investments | 50/53 | €2,378,335 | €2,809,438 | +€431,103 | +18.1% |
| Cash at bank and in hand | 54/58 | €227,482 | €302,479 | +€74,997 | +33.0% |
| Deferred charges and accrued income | 490/1 | €2,544 | €2,645 | +€101 | +4.0% |
| Total equity and liabilities | 10/49 | €3,530,672 | €4,211,195 | +€680,523 | +19.3% |
| Equity | 10/15 | €3,333,069 | €3,288,033 | -€45,036 | -1.4% |
| Reserves | 13 | €3,300,855 | €3,245,855 | -€55,000 | -1.7% |
| Tax-exempt reserves | 132 | €6,450 | €6,450 | = | 0.0% |
| Distributable reserves | 133 | €3,294,405 | €3,239,405 | -€55,000 | -1.7% |
| Profit (loss) carried forward | 14 | €32,214 | €42,178 | +€9,964 | +30.9% |
| Amounts payable | 17/49 | €197,603 | €923,162 | +€725,559 | +367% |
| Amounts payable within one year | 42/48 | €191,475 | €923,162 | +€731,687 | +382% |
| Trade debts | 44 | €1,344 | €8,362 | +€7,018 | +522% |
| Suppliers | 440/4 | €1,344 | €8,362 | +€7,018 | +522% |
| Taxes, remuneration and social security | 45 | €178,978 | €236,942 | +€57,964 | +32.4% |
| Taxes | 450/3 | €178,978 | €236,942 | +€57,964 | +32.4% |
| Other amounts payable | 47/48 | €11,152 | €677,858 | +€666,705 | +5,978% |
| Accrued charges and deferred income | 492/3 | €6,128 | - | -€6,128 | |
| Non-recurring operating income | 76A | €305 | - | -€305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,004 | €23,099 | -€20,905 | -47.5% |
| Other operating charges | 640/8 | €5,288 | €6,801 | +€1,514 | +28.6% |
| Non-recurring operating charges | 66A | - | €40,207 | +€40,207 | |
| Gross operating margin | 9900 | €1,336,399 | €1,566,590 | +€230,191 | +17.2% |
| Operating profit (loss) | 9901 | €1,287,107 | €1,496,483 | +€209,376 | +16.3% |
| Financial income | 75/76B | €36,475 | €199,116 | +€162,640 | +446% |
| Recurring financial income | 75 | €36,475 | €199,116 | +€162,640 | +446% |
| Financial charges | 65/66B | €372 | €264 | -€108 | -29.1% |
| Recurring financial charges | 65 | €372 | €264 | -€108 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €1,323,210 | €1,695,334 | +€372,124 | +28.1% |
| Income taxes | 67/77 | €412,687 | €495,370 | +€82,683 | +20.0% |
| Profit (loss) for the period | 9904 | €910,523 | €1,199,964 | +€289,442 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €910,523 | €1,199,964 | +€289,442 | +31.8% |
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 18 October 2026 via checked.be.