HET EETSTERREKE: 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.
HET EETSTERREKE
Largest movements
- Cash +€16,121
up €16,121 (+124%), from €13,043 to €29,164
mainly Net result for the year (+€16,113) and Receivables within one year (+€15,938)
- Receivables within one year -€15,938
down €15,938 (-14.6%), from €109,216 to €93,279
of which Other amounts receivable: -€8,737
- Tangible fixed assets -€12,269
down €12,269 (-22.9%), from €53,644 to €41,375
of which Plant, machinery and equipment: -€8,679
- Tax, wage and social debts -€20,832
down €20,832 (-55.8%), from €37,307 to €16,475
of which Taxes: -€22,481
- Profit (loss) carried forward +€16,113
new in 2025: €16,113
- Trade debts +€9,225
up €9,225 (+115%), from €8,035 to €17,260
- Other debts -€9,004
no longer reported in 2025 (was €9,004)
- Accrued charges and deferred income -€7,600
down €7,600 (-80.0%), from €9,500 to €1,900
- Gross operating margin +€26,399
up €26,399 (+39.7%), from €66,492 to €92,891
- Taxes -€17,525
down €17,525 (-58.7%), from €29,841 to €12,316
- Other operating charges +€12,433
up €12,433 (+831%), from €1,497 to €13,930
- Staff costs +€5,567
up €5,567 (+17.2%), from €32,367 to €37,934
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 | €190,195 | €178,097 | -€12,098 | -6.4% |
| Fixed assets | 21/28 | €55,844 | €43,575 | -€12,269 | -22.0% |
| Tangible fixed assets | 22/27 | €53,644 | €41,375 | -€12,269 | -22.9% |
| Land and buildings | 22 | €18,871 | €15,281 | -€3,590 | -19.0% |
| Plant, machinery and equipment | 23 | €34,773 | €26,094 | -€8,679 | -25.0% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €134,351 | €134,523 | +€171 | +0.1% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €109,216 | €93,279 | -€15,938 | -14.6% |
| Trade receivables | 40 | €85,591 | €78,390 | -€7,201 | -8.4% |
| Other amounts receivable | 41 | €23,625 | €14,888 | -€8,737 | -37.0% |
| Current investments | 50/53 | €9,580 | €9,580 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,043 | €29,164 | +€16,121 | +124% |
| Deferred charges and accrued income | 490/1 | €12 | - | -€12 | |
| Total equity and liabilities | 10/49 | €190,195 | €178,097 | -€12,098 | -6.4% |
| Equity | 10/15 | €126,350 | €142,462 | +€16,113 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,750 | €107,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €105,890 | €105,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €16,113 | +€16,113 | |
| Amounts payable | 17/49 | €63,846 | €35,635 | -€28,210 | -44.2% |
| Amounts payable within one year | 42/48 | €54,346 | €33,735 | -€20,610 | -37.9% |
| Trade debts | 44 | €8,035 | €17,260 | +€9,225 | +115% |
| Suppliers | 440/4 | €8,035 | €17,260 | +€9,225 | +115% |
| Taxes, remuneration and social security | 45 | €37,307 | €16,475 | -€20,832 | -55.8% |
| Taxes | 450/3 | €37,291 | €14,811 | -€22,481 | -60.3% |
| Remuneration and social security | 454/9 | €15 | €1,664 | +€1,649 | +10,666% |
| Other amounts payable | 47/48 | €9,004 | - | -€9,004 | |
| Accrued charges and deferred income | 492/3 | €9,500 | €1,900 | -€7,600 | -80.0% |
| Remuneration, social security and pensions | 62 | €32,367 | €37,934 | +€5,567 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,729 | €12,269 | +€540 | +4.6% |
| Other operating charges | 640/8 | €1,497 | €13,930 | +€12,433 | +831% |
| Gross operating margin | 9900 | €66,492 | €92,891 | +€26,399 | +39.7% |
| Operating profit (loss) | 9901 | €20,899 | €28,758 | +€7,859 | +37.6% |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €439 | €411 | -€28 | -6.3% |
| Recurring financial charges | 65 | €439 | €411 | -€28 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €20,460 | €28,429 | +€7,969 | +38.9% |
| Income taxes | 67/77 | €29,841 | €12,316 | -€17,525 | -58.7% |
| Profit (loss) for the period | 9904 | -€9,381 | €16,113 | +€25,494 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,381 | €16,113 | +€25,494 |
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 28 October 2026 via checked.be.