EYESEE: 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
EYESEE
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€370,862
2024 · -€237,660+€608,523
Equity
€4.8m
2024 · €4.4m+€370,862
Cash
€189,334
2024 · €645,191-€455,857
Balance sheet total
€8.8m
2024 · €7.2m+€1.6m
Largest movements
Assets
- Financial fixed assets +€1.1m
up €1.1m (+49.8%), from €2.2m to €3.2m
of which Affiliated companies: +€1.1m
- Receivables within one year +€754,095
up €754,095 (+134%), from €561,701 to €1.3m
of which Trade receivables: +€837,627
- Cash -€455,857
down €455,857 (-70.7%), from €645,191 to €189,334
mainly Investment in fixed assets (net) (-€1.8m) and Receivables within one year (-€754,095)
- Intangible fixed assets +€157,068
up €157,068 (+6.8%), from €2.3m to €2.5m
Equity and liabilities
- Trade debts +€1.1m
up €1.1m (+56.9%), from €1.9m to €3.0m
- Accrued charges and deferred income +€413,194
new in 2025: €413,194
- Profit (loss) carried forward +€364,201
up €364,201, from -€237,640 to €126,561
- Debts after one year -€254,770
down €254,770 (-49.0%), from €519,879 to €265,109
Income statement
- Turnover +€2.8m
up €2.8m (+29.0%), from €9.6m to €12.3m
- Goods and materials +€1.5m
up €1.5m (+17.4%), from €8.8m to €10.4m
- Services and other goods +€452,731
up €452,731 (+39.2%), from €1.2m to €1.6m
- Depreciation +€195,944
up €195,944 (+54.5%), from €359,544 to €555,488
- Financial income +€142,266
up €142,266 (+209%), from €67,986 to €210,253
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
-€237,660
Turnover
+€2.8m
Goods and materials
-€1.5m
Services and other goods
-€452,731
Staff costs
+€93,962
Depreciation
-€195,944
Other operating charges
-€21
Other operating items
-€297,545
Financial income
+€142,266
Financial charges
+€90,572
Taxes
-€2
Result 2025
€370,862
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
+€1.6m
Investment
-€1.8m
Financing
-€261,965
Cash 2024
€645,191
From operations (derived)
+€1.6m
Net result for the year
+€370,862
Depreciation
+€555,488
Receivables within one year
-€754,095
Deferred charges and accrued income
-€79,377
Trade debts
+€1.1m
Tax, wage and social debts
-€14,798
Other debts
-€87
Accrued charges and deferred income
+€413,194
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.8m
Financing
-€261,965
Debts after one year
-€254,770
Current portion of long-term debt
-€7,278
Short-term financial debts
+€83
Cash 2025
€189,334
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,160,405 | €8,766,707 | +€1.6m | +22.4% |
| Fixed assets | 21/28 | €4,485,330 | €5,714,018 | +€1.2m | +27.4% |
| Intangible fixed assets | 21 | €2,302,397 | €2,459,465 | +€157,068 | +6.8% |
| Tangible fixed assets | 22/27 | €16,139 | €9,336 | -€6,803 | -42.2% |
| Furniture and vehicles | 24 | €16,139 | €9,336 | -€6,803 | -42.2% |
| Financial fixed assets | 28 | €2,166,795 | €3,245,217 | +€1.1m | +49.8% |
| Affiliated companies | 280/1 | €2,150,375 | €3,215,407 | +€1.1m | +49.5% |
| Participating interests | 280 | €185,588 | €185,588 | = | 0.0% |
| Amounts receivable | 281 | €1,964,787 | €3,029,820 | +€1.1m | +54.2% |
| Other financial fixed assets | 284/8 | €16,420 | €29,810 | +€13,390 | +81.5% |
| Amounts receivable and cash guarantees | 285/8 | €16,420 | €29,810 | +€13,390 | +81.5% |
| Current assets | 29/58 | €2,675,074 | €3,052,689 | +€377,614 | +14.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €561,701 | €1,315,796 | +€754,095 | +134% |
| Trade receivables | 40 | €454,728 | €1,292,354 | +€837,627 | +184% |
| Other amounts receivable | 41 | €106,974 | €23,442 | -€83,532 | -78.1% |
| Current investments | 50/53 | €1,327,126 | €1,327,126 | = | 0.0% |
| Own shares | 50 | €1,327,126 | €1,327,126 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €645,191 | €189,334 | -€455,857 | -70.7% |
| Deferred charges and accrued income | 490/1 | €141,056 | €220,433 | +€79,377 | +56.3% |
| Total equity and liabilities | 10/49 | €7,160,405 | €8,766,707 | +€1.6m | +22.4% |
| Equity | 10/15 | €4,425,095 | €4,795,958 | +€370,862 | +8.4% |
| Contributions | 10/11 | €3,267,500 | €3,267,500 | = | 0.0% |
| Capital | 10 | €3,267,500 | €3,267,500 | = | 0.0% |
| Issued capital | 100 | €3,267,500 | €3,267,500 | = | 0.0% |
| Reserves | 13 | €1,395,235 | €1,401,896 | +€6,661 | +0.5% |
| Non-distributable reserves | 130/1 | €1,395,235 | €1,401,896 | +€6,661 | +0.5% |
| Legal reserve | 130 | €68,109 | €74,771 | +€6,661 | +9.8% |
| Own shares acquired | 1312 | €1,327,126 | €1,327,126 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,640 | €126,561 | +€364,201 | |
| Amounts payable | 17/49 | €2,735,310 | €3,970,749 | +€1.2m | +45.2% |
| Amounts payable after more than one year | 17 | €519,879 | €265,109 | -€254,770 | -49.0% |
| Financial debts | 170/4 | €519,879 | €265,109 | -€254,770 | -49.0% |
| Credit institutions | 173 | €519,879 | €265,109 | -€254,770 | -49.0% |
| Amounts payable within one year | 42/48 | €2,215,430 | €3,292,446 | +€1.1m | +48.6% |
| Current portion of amounts payable after more than one year | 42 | €262,048 | €254,770 | -€7,278 | -2.8% |
| Financial debts | 43 | - | €83 | +€83 | |
| Credit institutions | 430/8 | - | €83 | +€83 | |
| Trade debts | 44 | €1,930,525 | €3,029,621 | +€1.1m | +56.9% |
| Suppliers | 440/4 | €1,930,525 | €3,029,621 | +€1.1m | +56.9% |
| Taxes, remuneration and social security | 45 | €14,798 | €0 | -€14,798 | -100% |
| Taxes | 450/3 | €14,798 | €0 | -€14,798 | -100% |
| Other amounts payable | 47/48 | €8,059 | €7,971 | -€87 | -1.1% |
| Accrued charges and deferred income | 492/3 | - | €413,194 | +€413,194 | |
| Operating income | 70/76A | €10,412,214 | €12,883,288 | +€2.5m | +23.7% |
| Turnover | 70 | €9,561,184 | €12,329,803 | +€2.8m | +29.0% |
| Own construction capitalised | 72 | €851,030 | €553,485 | -€297,545 | -35.0% |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €10,449,161 | €12,544,549 | +€2.1m | +20.1% |
| Goods for resale, raw materials and consumables | 60 | €8,839,640 | €10,380,294 | +€1.5m | +17.4% |
| Purchases | 600/8 | €8,839,640 | €10,380,294 | +€1.5m | +17.4% |
| Services and other goods | 61 | €1,154,617 | €1,607,348 | +€452,731 | +39.2% |
| Remuneration, social security and pensions | 62 | €94,237 | €275 | -€93,962 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359,544 | €555,488 | +€195,944 | +54.5% |
| Other operating charges | 640/8 | €1,122 | €1,143 | +€21 | +1.8% |
| Operating profit (loss) | 9901 | -€36,946 | €338,740 | +€375,686 | |
| Financial income | 75/76B | €67,986 | €210,253 | +€142,266 | +209% |
| Recurring financial income | 75 | €67,986 | €210,253 | +€142,266 | +209% |
| Income from current assets | 751 | €49,808 | €33,476 | -€16,332 | -32.8% |
| Other financial income | 752/9 | €18,178 | €176,776 | +€158,598 | +872% |
| Financial charges | 65/66B | €268,702 | €178,130 | -€90,572 | -33.7% |
| Recurring financial charges | 65 | €268,702 | €178,130 | -€90,572 | -33.7% |
| Debt charges | 650 | €36,139 | €26,093 | -€10,047 | -27.8% |
| Other financial charges | 652/9 | €232,563 | €152,037 | -€80,526 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | -€237,662 | €370,862 | +€608,525 | |
| Income taxes | 67/77 | -€2 | €0 | +€2 | |
| Taxes | 670/3 | €0 | - | = | |
| Tax adjustments and reversals of tax provisions | 77 | €2 | €0 | -€2 | -100% |
| Profit (loss) for the period | 9904 | -€237,660 | €370,862 | +€608,523 | |
| Profit (loss) for the period to be appropriated | 9905 | -€237,660 | €370,862 | +€608,523 |
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 16 October 2026 via checked.be.