Ezko Group: 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.
Ezko Group
Largest movements
- Cash -€69,534
down €69,534 (-72.8%), from €95,526 to €25,992
mainly Contributions, distributions and other (-€146,188) and Tax, wage and social debts (-€8,244)
- Receivables within one year -€4,791
down €4,791 (-16.9%), from €28,429 to €23,638
of which Trade receivables: -€22,057
- Tangible fixed assets -€4,458
down €4,458 (-42.1%), from €10,588 to €6,130
- Reserves -€119,808
no longer reported in 2025 (was €119,808)
- Other debts +€50,419
new in 2025: €50,419
- Tax, wage and social debts -€8,244
no longer reported in 2025 (was €8,244)
- Gross operating margin -€120,921
down €120,921 (-74.3%), from €162,790 to €41,869
- Taxes -€28,904
down €28,904 (-75.6%), from €38,244 to €9,340
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 | €137,700 | €59,098 | -€78,602 | -57.1% |
| Fixed assets | 21/28 | €10,588 | €6,130 | -€4,458 | -42.1% |
| Tangible fixed assets | 22/27 | €10,588 | €6,130 | -€4,458 | -42.1% |
| Plant, machinery and equipment | 23 | €10,588 | €6,130 | -€4,458 | -42.1% |
| Current assets | 29/58 | €127,112 | €52,968 | -€74,144 | -58.3% |
| Amounts receivable within one year | 40/41 | €28,429 | €23,638 | -€4,791 | -16.9% |
| Trade receivables | 40 | €22,150 | €93 | -€22,057 | -99.6% |
| Other amounts receivable | 41 | €6,279 | €23,545 | +€17,266 | +275% |
| Cash at bank and in hand | 54/58 | €95,526 | €25,992 | -€69,534 | -72.8% |
| Deferred charges and accrued income | 490/1 | €3,157 | €3,338 | +€181 | +5.7% |
| Total equity and liabilities | 10/49 | €137,700 | €59,098 | -€78,602 | -57.1% |
| Equity | 10/15 | €122,808 | €3,000 | -€119,808 | -97.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €119,808 | - | -€119,808 | |
| Distributable reserves | 133 | €119,808 | - | -€119,808 | |
| Amounts payable | 17/49 | €14,892 | €56,098 | +€41,206 | +277% |
| Amounts payable within one year | 42/48 | €14,892 | €56,098 | +€41,206 | +277% |
| Trade debts | 44 | €6,648 | €5,679 | -€970 | -14.6% |
| Suppliers | 440/4 | €6,648 | €5,679 | -€970 | -14.6% |
| Taxes, remuneration and social security | 45 | €8,244 | - | -€8,244 | |
| Taxes | 450/3 | €8,244 | - | -€8,244 | |
| Other amounts payable | 47/48 | - | €50,419 | +€50,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,022 | €4,458 | +€1,437 | +47.5% |
| Other operating charges | 640/8 | €1,400 | €1,433 | +€33 | +2.3% |
| Gross operating margin | 9900 | €162,790 | €41,869 | -€120,921 | -74.3% |
| Operating profit (loss) | 9901 | €158,367 | €35,977 | -€122,390 | -77.3% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €316 | €288 | -€28 | -8.8% |
| Recurring financial charges | 65 | €316 | €288 | -€28 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €158,052 | €35,721 | -€122,331 | -77.4% |
| Income taxes | 67/77 | €38,244 | €9,340 | -€28,904 | -75.6% |
| Profit (loss) for the period | 9904 | €119,808 | €26,381 | -€93,427 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,808 | €26,381 | -€93,427 | -78.0% |
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 17 October 2026 via checked.be.