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'T EILAND: what changed

Two fiscal 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.

What changed

'T EILAND

BE 0425.918.882
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,130
2024 · €29,916-€10,786
Equity
€1.4m
2024 · €1.4m+€19,130
Cash
€8,036
2024 · €1,442+€6,593
Balance sheet total
€1.9m
2024 · €1.9m+€8,271

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward +€19,130

      up €19,130 (+3.3%), from €571,436 to €590,566

    Income statement
    • Depreciation +€12,746

      new in 2025: €12,746

    • Taxes -€2,974

      down €2,974 (-29.3%), from €10,139 to €7,165

    • Financial income -€1,256

      down €1,256 (-98.5%), from €1,275 to €19

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €29,916
    Gross operating margin +€437
    Depreciation -€12,746
    Other operating charges -€196
    Financial income -€1,256
    Financial charges +€2
    Taxes +€2,974
    Result 2025 €19,130

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations +€19,340
    Investment -€12,746
    Financing €0
    Cash 2024 €1,442
    Net result for the year +€19,130
    Depreciation +€12,746
    Deferred charges and accrued income -€1,678
    Trade debts +€1,656
    Tax, wage and social debts +€4,904
    Other debts -€17,254
    Accrued charges and deferred income -€165
    Investment in fixed assets (net) -€12,746
    Cash 2025 €8,036
    Every line side by side 34 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €1,876,368 €1,884,639 +€8,271 +0.4%
    Fixed assets 21/28 €1,821,232 €1,821,232 = 0.0%
    Tangible fixed assets 22/27 €1,821,232 €1,821,232 = 0.0%
    Land and buildings 22 €1,821,232 €1,821,232 = 0.0%
    Current assets 29/58 €55,136 €63,407 +€8,271 +15.0%
    Current investments 50/53 €0 - =
    Cash at bank and in hand 54/58 €1,442 €8,036 +€6,593 +457.2%
    Deferred charges and accrued income 490/1 €53,694 €55,372 +€1,678 +3.1%
    Total equity and liabilities 10/49 €1,876,368 €1,884,639 +€8,271 +0.4%
    Equity 10/15 €1,395,461 €1,414,592 +€19,130 +1.4%
    Contributions 10/11 €787,000 €787,000 = 0.0%
    Reserves 13 €37,025 €37,025 = 0.0%
    Distributable reserves 133 €37,025 €37,025 = 0.0%
    Profit (loss) carried forward 14 €571,436 €590,566 +€19,130 +3.3%
    Amounts payable 17/49 €480,907 €470,048 -€10,859 -2.3%
    Amounts payable within one year 42/48 €480,741 €470,048 -€10,694 -2.2%
    Trade debts 44 €1,193 €2,849 +€1,656 +138.9%
    Suppliers 440/4 €1,193 €2,849 +€1,656 +138.9%
    Taxes, remuneration and social security 45 €2,255 €7,159 +€4,904 +217.4%
    Taxes 450/3 €2,255 €7,159 +€4,904 +217.4%
    Other amounts payable 47/48 €477,293 €460,039 -€17,254 -3.6%
    Accrued charges and deferred income 492/3 €165 €0 -€165 -100.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €12,746 +€12,746
    Other operating charges 640/8 €11,225 €11,421 +€196 +1.7%
    Gross operating margin 9900 €50,060 €50,497 +€437 +0.9%
    Operating profit (loss) 9901 €38,835 €26,330 -€12,505 -32.2%
    Financial income 75/76B €1,275 €19 -€1,256 -98.5%
    Recurring financial income 75 €1,275 €19 -€1,256 -98.5%
    Financial charges 65/66B €56 €54 -€2 -2.7%
    Recurring financial charges 65 €56 €54 -€2 -2.7%
    Profit (loss) for the period before taxes 9903 €40,055 €26,295 -€13,759 -34.4%
    Income taxes 67/77 €10,139 €7,165 -€2,974 -29.3%
    Profit (loss) for the period 9904 €29,916 €19,130 -€10,786 -36.1%
    Profit (loss) for the period to be appropriated 9905 €29,916 €19,130 -€10,786 -36.1%

    Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.