EYRDE: 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.
EYRDE
Largest movements
- Intangible fixed assets -€86,667
down €86,667 (-58.5%), from €148,128 to €61,461
- Receivables within one year -€84,271
down €84,271 (-58.1%), from €145,141 to €60,870
of which Trade receivables: -€84,271
- Stocks and contracts -€18,769
down €18,769 (-23.9%), from €78,445 to €59,676
- Cash -€9,587
down €9,587 (-46.0%), from €20,832 to €11,244
mainly Trade debts (-€103,982) and Debts after one year (-€42,592)
- Trade debts -€103,982
down €103,982 (-53.9%), from €193,081 to €89,099
- Debts after one year -€42,592
down €42,592 (-18.9%), from €224,861 to €182,269
- Current portion of long-term debt -€31,195
down €31,195 (-41.3%), from €75,591 to €44,396
- Profit (loss) carried forward -€13,687
down €13,687 (-10.3%), from -€133,036 to -€146,723
- Tax, wage and social debts -€7,108
down €7,108 (-32.8%), from €21,655 to €14,548
of which Remuneration and social security: -€5,082
- Staff costs -€23,047
down €23,047 (-39.9%), from €57,715 to €34,669
- Gross operating margin +€14,093
up €14,093 (+14.3%), from €98,745 to €112,838
- Financial income -€4,242
down €4,242 (-97.9%), from €4,334 to €92
- Financial charges -€3,471
down €3,471 (-54.4%), from €6,376 to €2,905
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 | €397,066 | €195,503 | -€201,563 | -50.8% |
| Fixed assets | 21/28 | €152,648 | €63,668 | -€88,981 | -58.3% |
| Intangible fixed assets | 21 | €148,128 | €61,461 | -€86,667 | -58.5% |
| Tangible fixed assets | 22/27 | €4,520 | €2,206 | -€2,314 | -51.2% |
| Furniture and vehicles | 24 | €4,520 | €2,206 | -€2,314 | -51.2% |
| Current assets | 29/58 | €244,418 | €131,835 | -€112,582 | -46.1% |
| Stocks and contracts in progress | 3 | €78,445 | €59,676 | -€18,769 | -23.9% |
| Stocks | 30/36 | €78,445 | €59,676 | -€18,769 | -23.9% |
| Amounts receivable within one year | 40/41 | €145,141 | €60,870 | -€84,271 | -58.1% |
| Trade receivables | 40 | €144,636 | €60,365 | -€84,271 | -58.3% |
| Other amounts receivable | 41 | €504 | €504 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,832 | €11,244 | -€9,587 | -46.0% |
| Deferred charges and accrued income | 490/1 | €0 | €45 | +€45 | |
| Total equity and liabilities | 10/49 | €397,066 | €195,503 | -€201,563 | -50.8% |
| Equity | 10/15 | -€121,299 | -€134,986 | -€13,687 | -11.3% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €2,737 | €2,737 | = | 0.0% |
| Distributable reserves | 133 | €2,737 | €2,737 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,036 | -€146,723 | -€13,687 | -10.3% |
| Amounts payable | 17/49 | €518,365 | €330,489 | -€187,876 | -36.2% |
| Amounts payable after more than one year | 17 | €224,861 | €182,269 | -€42,592 | -18.9% |
| Financial debts | 170/4 | €224,861 | €182,269 | -€42,592 | -18.9% |
| Amounts payable within one year | 42/48 | €290,504 | €148,220 | -€142,284 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €75,591 | €44,396 | -€31,195 | -41.3% |
| Trade debts | 44 | €193,081 | €89,099 | -€103,982 | -53.9% |
| Suppliers | 440/4 | €193,081 | €89,099 | -€103,982 | -53.9% |
| Taxes, remuneration and social security | 45 | €21,655 | €14,548 | -€7,108 | -32.8% |
| Taxes | 450/3 | €5,333 | €3,308 | -€2,026 | -38.0% |
| Remuneration and social security | 454/9 | €16,322 | €11,240 | -€5,082 | -31.1% |
| Other amounts payable | 47/48 | €176 | €176 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €57,715 | €34,669 | -€23,047 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,981 | €88,981 | = | 0.0% |
| Other operating charges | 640/8 | €162 | €62 | -€100 | -61.7% |
| Non-recurring operating charges | 66A | €6,319 | - | -€6,319 | |
| Gross operating margin | 9900 | €98,745 | €112,838 | +€14,093 | +14.3% |
| Operating profit (loss) | 9901 | -€54,433 | -€10,874 | +€43,559 | +80.0% |
| Financial income | 75/76B | €4,334 | €92 | -€4,242 | -97.9% |
| Recurring financial income | 75 | €4,334 | €92 | -€4,242 | -97.9% |
| Financial charges | 65/66B | €6,376 | €2,905 | -€3,471 | -54.4% |
| Recurring financial charges | 65 | €6,376 | €2,905 | -€3,471 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€56,475 | -€13,687 | +€42,788 | +75.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€56,475 | -€13,687 | +€42,788 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,475 | -€13,687 | +€42,788 | +75.8% |
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 1 October 2026 via checked.be.