E & E: what changed
E & E
Largest movements
- Receivables within one year -€7,936
down €7,936 (-93.3%), from €8,510 to €573
- Cash -€2,029
down €2,029 (-15.6%), from €12,979 to €10,950
mainly Net result for the year (-€10,713) and Other debts (-€1,326)
- Tangible fixed assets -€1,429
down €1,429 (-57.6%), from €2,482 to €1,052
of which Plant, machinery and equipment: -€1,153
- Profit (loss) carried forward -€10,713
down €10,713 (-115%), from -€9,332 to -€20,044
- Other debts -€1,326
down €1,326 (-9.2%), from €14,449 to €13,123
- Trade debts +€644
up €644 (+231%), from €279 to €922
- Gross operating margin -€1,359
down €1,359 (-19.2%), from -€7,088 to -€8,447
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,996 | €12,601 | -€11,395 | -47.5% |
| Fixed assets | 21/28 | €2,507 | €1,077 | -€1,429 | -57.0% |
| Tangible fixed assets | 22/27 | €2,482 | €1,052 | -€1,429 | -57.6% |
| Plant, machinery and equipment | 23 | €2,154 | €1,001 | -€1,153 | -53.5% |
| Furniture and vehicles | 24 | €327 | €51 | -€276 | -84.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €21,489 | €11,524 | -€9,965 | -46.4% |
| Amounts receivable within one year | 40/41 | €8,510 | €573 | -€7,936 | -93.3% |
| Other amounts receivable | 41 | €8,510 | €573 | -€7,936 | -93.3% |
| Cash at bank and in hand | 54/58 | €12,979 | €10,950 | -€2,029 | -15.6% |
| Total equity and liabilities | 10/49 | €23,996 | €12,601 | -€11,395 | -47.5% |
| Equity | 10/15 | €9,268 | -€1,444 | -€10,713 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,332 | -€20,044 | -€10,713 | -115% |
| Amounts payable | 17/49 | €14,727 | €14,045 | -€682 | -4.6% |
| Amounts payable within one year | 42/48 | €14,727 | €14,045 | -€682 | -4.6% |
| Trade debts | 44 | €279 | €922 | +€644 | +231% |
| Suppliers | 440/4 | €279 | €922 | +€644 | +231% |
| Other amounts payable | 47/48 | €14,449 | €13,123 | -€1,326 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,429 | €1,429 | = | 0.0% |
| Other operating charges | 640/8 | €771 | €794 | +€23 | +3.0% |
| Gross operating margin | 9900 | -€7,088 | -€8,447 | -€1,359 | -19.2% |
| Operating profit (loss) | 9901 | -€9,289 | -€10,671 | -€1,382 | -14.9% |
| Financial charges | 65/66B | €43 | €42 | -€1 | -2.4% |
| Recurring financial charges | 65 | €43 | €42 | -€1 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,332 | -€10,713 | -€1,381 | -14.8% |
| Profit (loss) for the period | 9904 | -€9,332 | -€10,713 | -€1,381 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,332 | -€10,713 | -€1,381 | -14.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.