HET EILAND PEN: 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 EILAND PEN
Largest movements
- Current investments -€67,000
no longer reported in 2025 (was €67,000)
- Cash +€43,951
up €43,951 (+630%), from €6,973 to €50,924
mainly Current investments (+€67,000) and Depreciation (+€3,506)
- Receivables within one year +€11,989
up €11,989 (+842%), from €1,423 to €13,412
of which Trade receivables: +€11,432
- Tangible fixed assets -€3,506
down €3,506 (-21.8%), from €16,069 to €12,564
of which Furniture and vehicles: -€3,339
- Reserves -€11,204
down €11,204 (-16.5%), from €67,791 to €56,587
of which Distributable reserves: -€9,448
- Tax, wage and social debts -€2,572
down €2,572 (-62.9%), from €4,089 to €1,517
of which Remuneration and social security: -€1,446
- Gross operating margin -€28,635
down €28,635, from €20,988 to -€7,647
- Taxes -€4,814
down €4,814 (-100%), from €4,814 to €0
- Financial income +€565
up €565 (+1,603%), from €35 to €600
- Other operating charges +€298
up €298 (+134%), from €222 to €520
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 | €91,466 | €76,900 | -€14,566 | -15.9% |
| Fixed assets | 21/28 | €16,069 | €12,564 | -€3,506 | -21.8% |
| Tangible fixed assets | 22/27 | €16,069 | €12,564 | -€3,506 | -21.8% |
| Plant, machinery and equipment | 23 | €389 | €222 | -€167 | -42.9% |
| Furniture and vehicles | 24 | €15,681 | €12,342 | -€3,339 | -21.3% |
| Current assets | 29/58 | €75,396 | €64,336 | -€11,060 | -14.7% |
| Amounts receivable within one year | 40/41 | €1,423 | €13,412 | +€11,989 | +842% |
| Trade receivables | 40 | - | €11,432 | +€11,432 | |
| Other amounts receivable | 41 | €1,423 | €1,980 | +€557 | +39.1% |
| Current investments | 50/53 | €67,000 | - | -€67,000 | |
| Cash at bank and in hand | 54/58 | €6,973 | €50,924 | +€43,951 | +630% |
| Total equity and liabilities | 10/49 | €91,466 | €76,900 | -€14,566 | -15.9% |
| Equity | 10/15 | €86,383 | €75,179 | -€11,204 | -13.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €67,791 | €56,587 | -€11,204 | -16.5% |
| Tax-exempt reserves | 132 | €1,756 | - | -€1,756 | |
| Distributable reserves | 133 | €66,036 | €56,587 | -€9,448 | -14.3% |
| Amounts payable | 17/49 | €5,082 | €1,721 | -€3,361 | -66.1% |
| Amounts payable within one year | 42/48 | €5,082 | €1,721 | -€3,361 | -66.1% |
| Trade debts | 44 | €470 | €204 | -€265 | -56.5% |
| Suppliers | 440/4 | €470 | €204 | -€265 | -56.5% |
| Taxes, remuneration and social security | 45 | €4,089 | €1,517 | -€2,572 | -62.9% |
| Taxes | 450/3 | €2,643 | €1,517 | -€1,127 | -42.6% |
| Remuneration and social security | 454/9 | €1,446 | - | -€1,446 | |
| Other amounts payable | 47/48 | €524 | - | -€524 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,409 | €3,506 | +€96 | +2.8% |
| Other operating charges | 640/8 | €222 | €520 | +€298 | +134% |
| Gross operating margin | 9900 | €20,988 | -€7,647 | -€28,635 | |
| Operating profit (loss) | 9901 | €17,357 | -€11,673 | -€29,029 | |
| Financial income | 75/76B | €35 | €600 | +€565 | +1,603% |
| Recurring financial income | 75 | €35 | €600 | +€565 | +1,603% |
| Financial charges | 65/66B | €98 | €132 | +€34 | +34.7% |
| Recurring financial charges | 65 | €98 | €132 | +€34 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €17,294 | -€11,204 | -€28,498 | |
| Income taxes | 67/77 | €4,814 | €0 | -€4,814 | -100% |
| Profit (loss) for the period | 9904 | €12,480 | -€11,204 | -€23,684 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,480 | -€11,204 | -€23,684 |
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 18 October 2026 via checked.be.