EZ-Systems: 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.
EZ-Systems
Largest movements
- Receivables within one year +€227,447
up €227,447 (+12.1%), from €1.9m to €2.1m
of which Other amounts receivable: +€152,650
- Tangible fixed assets -€194,118
down €194,118 (-45.5%), from €426,641 to €232,523
of which Leasing and similar rights: -€142,769
- Trade debts +€172,211
up €172,211 (+39.6%), from €435,229 to €607,440
- Reserves +€142,564
up €142,564 (+15.4%), from €928,720 to €1.1m
- Tax, wage and social debts -€95,122
down €95,122 (-16.1%), from €589,081 to €493,958
of which Taxes: -€67,776
- Current portion of long-term debt -€74,261
down €74,261 (-46.1%), from €161,152 to €86,891
- Debts after one year -€71,079
no longer reported in 2025 (was €71,079)
- Gross operating margin -€283,449
down €283,449 (-9.0%), from €3.2m to €2.9m
- Staff costs -€192,260
down €192,260 (-7.7%), from €2.5m to €2.3m
- Financial charges +€79,806
up €79,806 (+323%), from €24,735 to €104,541
- Depreciation -€55,737
down €55,737 (-24.2%), from €230,449 to €174,712
- Taxes -€44,240
down €44,240 (-29.8%), from €148,433 to €104,193
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 | €2,364,700 | €2,394,504 | +€29,804 | +1.3% |
| Fixed assets | 21/28 | €436,776 | €242,658 | -€194,118 | -44.4% |
| Tangible fixed assets | 22/27 | €426,641 | €232,523 | -€194,118 | -45.5% |
| Plant, machinery and equipment | 23 | €66,969 | €45,122 | -€21,848 | -32.6% |
| Furniture and vehicles | 24 | €198,136 | €168,634 | -€29,502 | -14.9% |
| Leasing and similar rights | 25 | €161,536 | €18,767 | -€142,769 | -88.4% |
| Financial fixed assets | 28 | €10,135 | €10,135 | = | 0.0% |
| Current assets | 29/58 | €1,927,924 | €2,151,846 | +€223,922 | +11.6% |
| Amounts receivable within one year | 40/41 | €1,879,196 | €2,106,643 | +€227,447 | +12.1% |
| Trade receivables | 40 | €1,746,758 | €1,821,556 | +€74,798 | +4.3% |
| Other amounts receivable | 41 | €132,438 | €285,088 | +€152,650 | +115% |
| Cash at bank and in hand | 54/58 | €446 | €328 | -€118 | -26.5% |
| Deferred charges and accrued income | 490/1 | €48,282 | €44,875 | -€3,408 | -7.1% |
| Total equity and liabilities | 10/49 | €2,364,700 | €2,394,504 | +€29,804 | +1.3% |
| Equity | 10/15 | €1,013,720 | €1,156,283 | +€142,564 | +14.1% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €928,720 | €1,071,283 | +€142,564 | +15.4% |
| Distributable reserves | 133 | €928,720 | €1,071,283 | +€142,564 | +15.4% |
| Amounts payable | 17/49 | €1,350,981 | €1,238,221 | -€112,760 | -8.3% |
| Amounts payable after more than one year | 17 | €71,079 | - | -€71,079 | |
| Financial debts | 170/4 | €71,079 | - | -€71,079 | |
| Amounts payable within one year | 42/48 | €1,279,902 | €1,238,221 | -€41,681 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €161,152 | €86,891 | -€74,261 | -46.1% |
| Financial debts | 43 | €51,776 | €49,931 | -€1,845 | -3.6% |
| Credit institutions | 430/8 | €51,776 | €49,931 | -€1,845 | -3.6% |
| Trade debts | 44 | €435,229 | €607,440 | +€172,211 | +39.6% |
| Suppliers | 440/4 | €435,229 | €607,440 | +€172,211 | +39.6% |
| Taxes, remuneration and social security | 45 | €589,081 | €493,958 | -€95,122 | -16.1% |
| Taxes | 450/3 | €146,250 | €78,474 | -€67,776 | -46.3% |
| Remuneration and social security | 454/9 | €442,830 | €415,484 | -€27,346 | -6.2% |
| Other amounts payable | 47/48 | €42,664 | - | -€42,664 | |
| Remuneration, social security and pensions | 62 | €2,491,284 | €2,299,025 | -€192,260 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,449 | €174,712 | -€55,737 | -24.2% |
| Other operating charges | 640/8 | €85,804 | €59,596 | -€26,208 | -30.5% |
| Non-recurring operating charges | 66A | €4,727 | - | -€4,727 | |
| Gross operating margin | 9900 | €3,166,101 | €2,882,652 | -€283,449 | -9.0% |
| Operating profit (loss) | 9901 | €353,837 | €349,319 | -€4,517 | -1.3% |
| Financial income | 75/76B | €0 | €1,978 | +€1,978 | +1,098,761% |
| Recurring financial income | 75 | €0 | €1,978 | +€1,978 | +1,098,761% |
| Financial charges | 65/66B | €24,735 | €104,541 | +€79,806 | +323% |
| Recurring financial charges | 65 | €24,735 | €104,541 | +€79,806 | +323% |
| Profit (loss) for the period before taxes | 9903 | €329,102 | €246,757 | -€82,346 | -25.0% |
| Income taxes | 67/77 | €148,433 | €104,193 | -€44,240 | -29.8% |
| Profit (loss) for the period | 9904 | €180,669 | €142,564 | -€38,105 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €180,669 | €142,564 | -€38,105 | -21.1% |
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 15 October 2026 via checked.be.