EZI: 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.
EZI
Largest movements
- Receivables within one year +€13,444
up €13,444 (+14.6%), from €92,296 to €105,740
of which Trade receivables: +€9,382
- Tangible fixed assets -€7,384
down €7,384 (-88.2%), from €8,369 to €985
of which Furniture and vehicles: -€8,037
- Financial fixed assets -€3,450
down €3,450 (-96.0%), from €3,594 to €144
- Cash +€1,224
up €1,224 (+13.1%), from €9,308 to €10,532
mainly Net result for the year (+€12,974) and Investment in fixed assets (net) (+€9,384)
- Trade debts -€13,735
down €13,735 (-99.1%), from €13,859 to €124
- Profit (loss) carried forward +€12,974
new in 2025: €12,974
- Tax, wage and social debts +€7,622
up €7,622 (+29.0%), from €26,320 to €33,942
of which Taxes: +€10,411
- Debts after one year -€3,481
down €3,481 (-85.6%), from €4,066 to €585
- Contributions +€1,860
up €1,860 (+14.9%), from €12,500 to €14,360
- Gross operating margin -€10,891
down €10,891 (-33.7%), from €32,270 to €21,379
- Depreciation -€3,753
down €3,753 (-72.1%), from €5,203 to €1,450
- Staff costs -€3,088
down €3,088, from €2,275 to -€813
- Taxes +€2,510
up €2,510 (+107%), from €2,356 to €4,866
- Financial income +€2,028
up €2,028 (+53.4%), from €3,799 to €5,827
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 | €114,038 | €118,813 | +€4,775 | +4.2% |
| Fixed assets | 21/28 | €11,963 | €1,129 | -€10,834 | -90.6% |
| Tangible fixed assets | 22/27 | €8,369 | €985 | -€7,384 | -88.2% |
| Plant, machinery and equipment | 23 | €282 | €935 | +€653 | +232% |
| Furniture and vehicles | 24 | €8,087 | €50 | -€8,037 | -99.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €3,594 | €144 | -€3,450 | -96.0% |
| Current assets | 29/58 | €102,075 | €117,684 | +€15,609 | +15.3% |
| Amounts receivable within one year | 40/41 | €92,296 | €105,740 | +€13,444 | +14.6% |
| Trade receivables | 40 | €27,000 | €36,382 | +€9,382 | +34.7% |
| Other amounts receivable | 41 | €65,296 | €69,357 | +€4,062 | +6.2% |
| Cash at bank and in hand | 54/58 | €9,308 | €10,532 | +€1,224 | +13.1% |
| Deferred charges and accrued income | 490/1 | €471 | €1,412 | +€941 | +200% |
| Total equity and liabilities | 10/49 | €114,038 | €118,813 | +€4,775 | +4.2% |
| Equity | 10/15 | €65,000 | €77,974 | +€12,974 | +20.0% |
| Contributions | 10/11 | €12,500 | €14,360 | +€1,860 | +14.9% |
| Reserves | 13 | €52,500 | €50,640 | -€1,860 | -3.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €50,640 | €50,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €12,974 | +€12,974 | |
| Amounts payable | 17/49 | €49,038 | €40,839 | -€8,200 | -16.7% |
| Amounts payable after more than one year | 17 | €4,066 | €585 | -€3,481 | -85.6% |
| Financial debts | 170/4 | €4,066 | €585 | -€3,481 | -85.6% |
| Amounts payable within one year | 42/48 | €44,972 | €40,254 | -€4,718 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €3,436 | €3,481 | +€45 | +1.3% |
| Financial debts | 43 | €1,357 | €1,357 | = | 0.0% |
| Credit institutions | 430/8 | €1,357 | €1,357 | = | 0.0% |
| Trade debts | 44 | €13,859 | €124 | -€13,735 | -99.1% |
| Suppliers | 440/4 | €13,859 | €124 | -€13,735 | -99.1% |
| Taxes, remuneration and social security | 45 | €26,320 | €33,942 | +€7,622 | +29.0% |
| Taxes | 450/3 | €20,963 | €31,374 | +€10,411 | +49.7% |
| Remuneration and social security | 454/9 | €5,356 | €2,567 | -€2,789 | -52.1% |
| Other amounts payable | 47/48 | - | €1,350 | +€1,350 | |
| Remuneration, social security and pensions | 62 | €2,275 | -€813 | -€3,088 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,203 | €1,450 | -€3,753 | -72.1% |
| Other operating charges | 640/8 | €2,826 | €1,114 | -€1,712 | -60.6% |
| Non-recurring operating charges | 66A | €13,443 | - | -€13,443 | |
| Gross operating margin | 9900 | €32,270 | €21,379 | -€10,891 | -33.7% |
| Operating profit (loss) | 9901 | €8,523 | €19,628 | +€11,105 | +130% |
| Financial income | 75/76B | €3,799 | €5,827 | +€2,028 | +53.4% |
| Recurring financial income | 75 | €3,799 | €5,827 | +€2,028 | +53.4% |
| Financial charges | 65/66B | €7,052 | €7,614 | +€562 | +8.0% |
| Recurring financial charges | 65 | €7,052 | €7,614 | +€562 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €5,270 | €17,840 | +€12,570 | +239% |
| Income taxes | 67/77 | €2,356 | €4,866 | +€2,510 | +107% |
| Profit (loss) for the period | 9904 | €2,914 | €12,974 | +€10,060 | +345% |
| Profit (loss) for the period to be appropriated | 9905 | €2,914 | €12,974 | +€10,060 | +345% |
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 20 October 2026 via checked.be.