EZAA: 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.
EZAA
Largest movements
- Current investments +€80,187
up €80,187 (+43.3%), from €185,000 to €265,187
- Receivables within one year +€61,781
up €61,781 (+376%), from €16,443 to €78,224
of which Trade receivables: +€61,812
- Tangible fixed assets -€17,777
down €17,777 (-98.9%), from €17,979 to €202
- Profit (loss) carried forward +€109,037
up €109,037 (+62.6%), from €174,243 to €283,280
- Tax, wage and social debts +€21,989
up €21,989 (+59.3%), from €37,111 to €59,100
- Other debts -€10,834
down €10,834 (-85.8%), from €12,628 to €1,794
- Gross operating margin +€37,794
up €37,794 (+32.3%), from €116,871 to €154,665
- Other operating charges +€14,286
up €14,286 (+1,342%), from €1,065 to €15,351
- Depreciation -€11,664
down €11,664 (-97.2%), from €12,000 to €336
- Taxes +€8,493
up €8,493 (+36.8%), from €23,058 to €31,551
- Financial income +€1,988
up €1,988 (+513%), from €387 to €2,375
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 | €230,050 | €353,207 | +€123,157 | +53.5% |
| Fixed assets | 21/28 | €17,979 | €202 | -€17,777 | -98.9% |
| Tangible fixed assets | 22/27 | €17,979 | €202 | -€17,777 | -98.9% |
| Furniture and vehicles | 24 | €17,979 | €202 | -€17,777 | -98.9% |
| Current assets | 29/58 | €212,070 | €353,005 | +€140,934 | +66.5% |
| Amounts receivable within one year | 40/41 | €16,443 | €78,224 | +€61,781 | +376% |
| Trade receivables | 40 | €16,395 | €78,208 | +€61,812 | +377% |
| Other amounts receivable | 41 | €48 | €17 | -€31 | -65.5% |
| Current investments | 50/53 | €185,000 | €265,187 | +€80,187 | +43.3% |
| Cash at bank and in hand | 54/58 | €4,623 | €7,093 | +€2,470 | +53.4% |
| Deferred charges and accrued income | 490/1 | €6,004 | €2,501 | -€3,504 | -58.3% |
| Total equity and liabilities | 10/49 | €230,050 | €353,207 | +€123,157 | +53.5% |
| Equity | 10/15 | €179,243 | €288,280 | +€109,037 | +60.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,243 | €283,280 | +€109,037 | +62.6% |
| Amounts payable | 17/49 | €50,807 | €64,927 | +€14,120 | +27.8% |
| Amounts payable within one year | 42/48 | €50,807 | €64,927 | +€14,120 | +27.8% |
| Trade debts | 44 | €1,068 | €4,033 | +€2,965 | +278% |
| Suppliers | 440/4 | €1,068 | €4,033 | +€2,965 | +278% |
| Taxes, remuneration and social security | 45 | €37,111 | €59,100 | +€21,989 | +59.3% |
| Taxes | 450/3 | €37,111 | €59,100 | +€21,989 | +59.3% |
| Other amounts payable | 47/48 | €12,628 | €1,794 | -€10,834 | -85.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €0 | -€0 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,000 | €336 | -€11,664 | -97.2% |
| Other operating charges | 640/8 | €1,065 | €15,351 | +€14,286 | +1,342% |
| Non-recurring operating charges | 66A | €63 | €526 | +€463 | +734% |
| Gross operating margin | 9900 | €116,871 | €154,665 | +€37,794 | +32.3% |
| Operating profit (loss) | 9901 | €103,743 | €138,452 | +€34,709 | +33.5% |
| Financial income | 75/76B | €387 | €2,375 | +€1,988 | +513% |
| Recurring financial income | 75 | €387 | €2,375 | +€1,988 | +513% |
| Financial charges | 65/66B | €158 | €240 | +€82 | +51.9% |
| Recurring financial charges | 65 | €158 | €240 | +€82 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €103,973 | €140,588 | +€36,615 | +35.2% |
| Income taxes | 67/77 | €23,058 | €31,551 | +€8,493 | +36.8% |
| Profit (loss) for the period | 9904 | €80,915 | €109,037 | +€28,123 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,915 | €109,037 | +€28,123 | +34.8% |
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.