Kabinet Eylenbosch: 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.
Kabinet Eylenbosch
Largest movements
- Stocks and contracts +€32,703
up €32,703 (+47.6%), from €68,718 to €101,421
- Cash -€27,200
down €27,200 (-58.1%), from €46,838 to €19,638
mainly Trade debts (-€50,296) and Debts after one year (-€34,998)
- Deferred charges and accrued income +€23,351
up €23,351 (+2,386%), from €979 to €24,330
- Intangible fixed assets -€22,000
down €22,000 (-23.5%), from €93,500 to €71,500
- Tangible fixed assets -€9,824
down €9,824 (-19.6%), from €50,156 to €40,332
of which Other tangible fixed assets: -€7,323
- Trade debts -€50,296
down €50,296 (-39.1%), from €128,663 to €78,367
- Reserves +€48,889
up €48,889 (+94.9%), from €51,500 to €100,389
- Debts after one year -€34,998
down €34,998 (-73.0%), from €47,921 to €12,923
- Tax, wage and social debts +€20,901
up €20,901 (+82.5%), from €25,327 to €46,228
of which Taxes: +€26,844
- Other debts +€10,484
up €10,484 (+34.8%), from €30,144 to €40,628
- Gross operating margin +€79,538
up €79,538 (+62.7%), from €126,945 to €206,483
- Taxes +€27,580
up €27,580 (+339%), from €8,132 to €35,712
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 | €339,837 | €332,735 | -€7,102 | -2.1% |
| Fixed assets | 21/28 | €143,656 | €111,832 | -€31,824 | -22.2% |
| Intangible fixed assets | 21 | €93,500 | €71,500 | -€22,000 | -23.5% |
| Tangible fixed assets | 22/27 | €50,156 | €40,332 | -€9,824 | -19.6% |
| Plant, machinery and equipment | 23 | €9,482 | €6,982 | -€2,500 | -26.4% |
| Other tangible fixed assets | 26 | €40,674 | €33,350 | -€7,323 | -18.0% |
| Current assets | 29/58 | €196,181 | €220,903 | +€24,722 | +12.6% |
| Stocks and contracts in progress | 3 | €68,718 | €101,421 | +€32,703 | +47.6% |
| Stocks | 30/36 | €68,718 | €101,421 | +€32,703 | +47.6% |
| Amounts receivable within one year | 40/41 | €79,646 | €75,514 | -€4,133 | -5.2% |
| Trade receivables | 40 | €65,381 | €67,709 | +€2,328 | +3.6% |
| Other amounts receivable | 41 | €14,265 | €7,805 | -€6,460 | -45.3% |
| Cash at bank and in hand | 54/58 | €46,838 | €19,638 | -€27,200 | -58.1% |
| Deferred charges and accrued income | 490/1 | €979 | €24,330 | +€23,351 | +2,386% |
| Total equity and liabilities | 10/49 | €339,837 | €332,735 | -€7,102 | -2.1% |
| Equity | 10/15 | €70,701 | €119,591 | +€48,889 | +69.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,500 | €100,389 | +€48,889 | +94.9% |
| Distributable reserves | 133 | €51,500 | €100,389 | +€48,889 | +94.9% |
| Profit (loss) carried forward | 14 | €601 | €601 | = | 0.0% |
| Amounts payable | 17/49 | €269,135 | €213,144 | -€55,991 | -20.8% |
| Amounts payable after more than one year | 17 | €47,921 | €12,923 | -€34,998 | -73.0% |
| Financial debts | 170/4 | €47,921 | €12,923 | -€34,998 | -73.0% |
| Amounts payable within one year | 42/48 | €221,214 | €200,221 | -€20,994 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €37,081 | €34,998 | -€2,083 | -5.6% |
| Trade debts | 44 | €128,663 | €78,367 | -€50,296 | -39.1% |
| Suppliers | 440/4 | €128,663 | €78,367 | -€50,296 | -39.1% |
| Taxes, remuneration and social security | 45 | €25,327 | €46,228 | +€20,901 | +82.5% |
| Taxes | 450/3 | €11,260 | €38,104 | +€26,844 | +238% |
| Remuneration and social security | 454/9 | €14,066 | €8,124 | -€5,943 | -42.2% |
| Other amounts payable | 47/48 | €30,144 | €40,628 | +€10,484 | +34.8% |
| Remuneration, social security and pensions | 62 | €67,664 | €66,221 | -€1,443 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,113 | €31,824 | -€1,289 | -3.9% |
| Other operating charges | 640/8 | €2,150 | €631 | -€1,519 | -70.6% |
| Gross operating margin | 9900 | €126,945 | €206,483 | +€79,538 | +62.7% |
| Operating profit (loss) | 9901 | €24,018 | €107,808 | +€83,789 | +349% |
| Financial income | 75/76B | €22 | €67 | +€45 | +202% |
| Recurring financial income | 75 | €22 | €67 | +€45 | +202% |
| Financial charges | 65/66B | €1,406 | €2,273 | +€868 | +61.7% |
| Recurring financial charges | 65 | €1,406 | €2,273 | +€868 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | €22,635 | €105,601 | +€82,966 | +367% |
| Income taxes | 67/77 | €8,132 | €35,712 | +€27,580 | +339% |
| Profit (loss) for the period | 9904 | €14,503 | €69,889 | +€55,386 | +382% |
| Profit (loss) for the period to be appropriated | 9905 | €14,503 | €69,889 | +€55,386 | +382% |
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 21 October 2026 via checked.be.