EZAAN: 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.
EZAAN
Largest movements
- Tangible fixed assets -€28,276
down €28,276 (-24.3%), from €116,556 to €88,280
- Cash +€8,138
up €8,138 (+238%), from €3,414 to €11,552
mainly Depreciation (+€30,276) and Net result for the year (+€29,285)
- Receivables within one year -€6,264
down €6,264 (-21.4%), from €29,214 to €22,951
of which Other amounts receivable: -€8,508
- Stocks and contracts +€5,378
up €5,378 (+5.1%), from €104,872 to €110,250
- Trade debts -€31,201
down €31,201 (-43.9%), from €71,084 to €39,883
- Profit (loss) carried forward +€29,285
up €29,285 (+42.1%), from €69,576 to €98,860
- Other debts -€24,300
down €24,300 (-36.1%), from €67,240 to €42,940
- Tax, wage and social debts +€8,236
up €8,236 (+29.6%), from €27,862 to €36,098
of which Taxes: +€9,340
- Debts after one year -€2,800
no longer reported in 2025 (was €2,800)
- Gross operating margin +€27,902
up €27,902 (+18.5%), from €150,868 to €178,770
- Staff costs +€11,105
up €11,105 (+11.6%), from €96,002 to €107,107
- Depreciation +€10,446
up €10,446 (+52.7%), from €19,830 to €30,276
- Other operating charges -€4,143
down €4,143 (-36.1%), from €11,480 to €7,337
- Financial income +€3,718
up €3,718 (+227%), from €1,636 to €5,354
of which Financial income: +€3,718
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 | €262,865 | €239,841 | -€23,024 | -8.8% |
| Fixed assets | 21/28 | €125,365 | €95,089 | -€30,276 | -24.2% |
| Intangible fixed assets | 21 | €3,359 | €1,359 | -€2,000 | -59.5% |
| Tangible fixed assets | 22/27 | €116,556 | €88,280 | -€28,276 | -24.3% |
| Furniture and vehicles | 24 | €116,556 | €88,280 | -€28,276 | -24.3% |
| Financial fixed assets | 28 | €5,450 | €5,450 | = | 0.0% |
| Current assets | 29/58 | €137,500 | €144,752 | +€7,252 | +5.3% |
| Stocks and contracts in progress | 3 | €104,872 | €110,250 | +€5,378 | +5.1% |
| Stocks | 30/36 | €104,872 | €110,250 | +€5,378 | +5.1% |
| Amounts receivable within one year | 40/41 | €29,214 | €22,951 | -€6,264 | -21.4% |
| Trade receivables | 40 | - | €2,244 | +€2,244 | |
| Other amounts receivable | 41 | €29,214 | €20,706 | -€8,508 | -29.1% |
| Cash at bank and in hand | 54/58 | €3,414 | €11,552 | +€8,138 | +238% |
| Total equity and liabilities | 10/49 | €262,865 | €239,841 | -€23,024 | -8.8% |
| Equity | 10/15 | €88,836 | €118,120 | +€29,285 | +33.0% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,576 | €98,860 | +€29,285 | +42.1% |
| Amounts payable | 17/49 | €174,030 | €121,721 | -€52,309 | -30.1% |
| Amounts payable after more than one year | 17 | €2,800 | - | -€2,800 | |
| Financial debts | 170/4 | €2,800 | - | -€2,800 | |
| Amounts payable within one year | 42/48 | €171,230 | €121,721 | -€49,509 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €2,800 | €2,800 | = | 0.0% |
| Trade debts | 44 | €71,084 | €39,883 | -€31,201 | -43.9% |
| Suppliers | 440/4 | €71,084 | €39,883 | -€31,201 | -43.9% |
| Advances received on contracts in progress | 46 | €2,244 | - | -€2,244 | |
| Taxes, remuneration and social security | 45 | €27,862 | €36,098 | +€8,236 | +29.6% |
| Taxes | 450/3 | €6,799 | €16,139 | +€9,340 | +137% |
| Remuneration and social security | 454/9 | €21,063 | €19,960 | -€1,103 | -5.2% |
| Other amounts payable | 47/48 | €67,240 | €42,940 | -€24,300 | -36.1% |
| Remuneration, social security and pensions | 62 | €96,002 | €107,107 | +€11,105 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,830 | €30,276 | +€10,446 | +52.7% |
| Other operating charges | 640/8 | €11,480 | €7,337 | -€4,143 | -36.1% |
| Gross operating margin | 9900 | €150,868 | €178,770 | +€27,902 | +18.5% |
| Operating profit (loss) | 9901 | €23,556 | €34,050 | +€10,494 | +44.5% |
| Financial income | 75/76B | €1,636 | €5,354 | +€3,718 | +227% |
| Recurring financial income | 75 | €1,636 | €5,354 | +€3,718 | +227% |
| Non-recurring financial income | 76B | €1,636 | €5,354 | +€3,718 | +227% |
| Financial charges | 65/66B | €2,212 | €780 | -€1,432 | -64.7% |
| Recurring financial charges | 65 | €1,244 | €1,007 | -€237 | -19.1% |
| Non-recurring financial charges | 66B | €969 | -€226 | -€1,195 | |
| Profit (loss) for the period before taxes | 9903 | €22,980 | €38,624 | +€15,644 | +68.1% |
| Income taxes | 67/77 | €7,221 | €9,340 | +€2,119 | +29.3% |
| Profit (loss) for the period | 9904 | €15,759 | €29,285 | +€13,526 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,759 | €29,285 | +€13,526 | +85.8% |
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 23 October 2026 via checked.be.