EZZ: 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.
EZZ
Largest movements
- Receivables within one year +€9,346
up €9,346 (+94.7%), from €9,868 to €19,214
of which Other amounts receivable: +€7,912
- Tangible fixed assets +€3,593
up €3,593 (+88.1%), from €4,080 to €7,672
of which Furniture and vehicles: +€4,528
- Intangible fixed assets -€2,469
down €2,469 (-50.0%), from €4,938 to €2,469
- Cash -€734
down €734 (-98.4%), from €746 to €12
mainly Receivables within one year (-€9,346) and Investment in fixed assets (net) (-€5,152)
- Profit (loss) carried forward +€12,029
up €12,029 (+86.8%), from -€13,855 to -€1,826
- Tax, wage and social debts -€2,403
down €2,403 (-81.7%), from €2,942 to €539
- Gross operating margin -€3,654
down €3,654 (-17.8%), from €20,574 to €16,920
- Depreciation +€455
up €455 (+12.7%), from €3,573 to €4,028
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 | €19,632 | €29,368 | +€9,736 | +49.6% |
| Fixed assets | 21/28 | €9,018 | €10,141 | +€1,124 | +12.5% |
| Intangible fixed assets | 21 | €4,938 | €2,469 | -€2,469 | -50.0% |
| Tangible fixed assets | 22/27 | €4,080 | €7,672 | +€3,593 | +88.1% |
| Plant, machinery and equipment | 23 | €4,080 | €3,144 | -€936 | -22.9% |
| Furniture and vehicles | 24 | - | €4,528 | +€4,528 | |
| Current assets | 29/58 | €10,614 | €19,226 | +€8,612 | +81.1% |
| Amounts receivable within one year | 40/41 | €9,868 | €19,214 | +€9,346 | +94.7% |
| Trade receivables | 40 | €5,301 | €6,735 | +€1,435 | +27.1% |
| Other amounts receivable | 41 | €4,567 | €12,479 | +€7,912 | +173% |
| Cash at bank and in hand | 54/58 | €746 | €12 | -€734 | -98.4% |
| Total equity and liabilities | 10/49 | €19,632 | €29,368 | +€9,736 | +49.6% |
| Equity | 10/15 | €16,145 | €28,174 | +€12,029 | +74.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,855 | -€1,826 | +€12,029 | +86.8% |
| Amounts payable | 17/49 | €3,487 | €1,194 | -€2,293 | -65.8% |
| Amounts payable within one year | 42/48 | €3,487 | €1,194 | -€2,293 | -65.8% |
| Trade debts | 44 | €544 | €655 | +€110 | +20.3% |
| Suppliers | 440/4 | €544 | €655 | +€110 | +20.3% |
| Taxes, remuneration and social security | 45 | €2,942 | €539 | -€2,403 | -81.7% |
| Taxes | 450/3 | €2,942 | €539 | -€2,403 | -81.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,573 | €4,028 | +€455 | +12.7% |
| Other operating charges | 640/8 | €1,021 | €845 | -€175 | -17.2% |
| Gross operating margin | 9900 | €20,574 | €16,920 | -€3,654 | -17.8% |
| Operating profit (loss) | 9901 | €15,980 | €12,047 | -€3,934 | -24.6% |
| Financial income | 75/76B | €0 | €30 | +€30 | +60,300% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +60,300% |
| Financial charges | 65/66B | €55 | €48 | -€7 | -12.7% |
| Recurring financial charges | 65 | €55 | €48 | -€7 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €15,925 | €12,029 | -€3,896 | -24.5% |
| Profit (loss) for the period | 9904 | €15,925 | €12,029 | -€3,896 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,925 | €12,029 | -€3,896 | -24.5% |
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 29 October 2026 via checked.be.