Ebenco: 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.
Ebenco
Largest movements
- Cash +€49,136
up €49,136 (+45.5%), from €107,924 to €157,060
mainly Other debts (+€112,833) and Net result for the year (+€34,929)
- Tangible fixed assets -€8,618
down €8,618 (-27.6%), from €31,228 to €22,609
of which Leasing and similar rights: -€8,172
- Receivables within one year -€7,059
down €7,059 (-31.2%), from €22,653 to €15,594
of which Trade receivables: -€7,158
- Deferred charges and accrued income +€2,272
up €2,272 (+92.1%), from €2,468 to €4,740
- Other debts +€112,833
up €112,833 (+652%), from €17,295 to €130,128
- Reserves -€95,071
down €95,071 (-89.2%), from €106,602 to €11,531
- Tax, wage and social debts +€27,738
up €27,738 (+208%), from €13,329 to €41,067
of which Taxes: +€15,457
- Debts after one year -€11,566
down €11,566 (-64.0%), from €18,072 to €6,506
- Trade debts +€2,104
up €2,104 (+87.5%), from €2,405 to €4,508
- Gross operating margin +€12,664
up €12,664 (+24.3%), from €52,012 to €64,676
- Taxes +€7,097
up €7,097 (+80.6%), from €8,804 to €15,901
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 | €168,787 | €204,518 | +€35,731 | +21.2% |
| Fixed assets | 21/28 | €31,228 | €22,609 | -€8,618 | -27.6% |
| Tangible fixed assets | 22/27 | €31,228 | €22,609 | -€8,618 | -27.6% |
| Furniture and vehicles | 24 | €2,728 | €2,281 | -€447 | -16.4% |
| Leasing and similar rights | 25 | €28,500 | €20,329 | -€8,172 | -28.7% |
| Current assets | 29/58 | €137,559 | €181,908 | +€44,349 | +32.2% |
| Amounts receivable within one year | 40/41 | €22,653 | €15,594 | -€7,059 | -31.2% |
| Trade receivables | 40 | €20,570 | €13,412 | -€7,158 | -34.8% |
| Other amounts receivable | 41 | €2,083 | €2,182 | +€99 | +4.7% |
| Current investments | 50/53 | €4,514 | €4,514 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €107,924 | €157,060 | +€49,136 | +45.5% |
| Deferred charges and accrued income | 490/1 | €2,468 | €4,740 | +€2,272 | +92.1% |
| Total equity and liabilities | 10/49 | €168,787 | €204,518 | +€35,731 | +21.2% |
| Equity | 10/15 | €106,602 | €11,531 | -€95,071 | -89.2% |
| Reserves | 13 | €106,602 | €11,531 | -€95,071 | -89.2% |
| Distributable reserves | 133 | €106,602 | €11,531 | -€95,071 | -89.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €62,185 | €192,987 | +€130,802 | +210% |
| Amounts payable after more than one year | 17 | €18,072 | €6,506 | -€11,566 | -64.0% |
| Financial debts | 170/4 | €18,072 | €6,506 | -€11,566 | -64.0% |
| Amounts payable within one year | 42/48 | €42,315 | €186,403 | +€144,089 | +341% |
| Current portion of amounts payable after more than one year | 42 | €9,286 | €10,700 | +€1,414 | +15.2% |
| Trade debts | 44 | €2,405 | €4,508 | +€2,104 | +87.5% |
| Suppliers | 440/4 | €2,405 | €4,508 | +€2,104 | +87.5% |
| Taxes, remuneration and social security | 45 | €13,329 | €41,067 | +€27,738 | +208% |
| Taxes | 450/3 | €13,029 | €28,487 | +€15,457 | +119% |
| Remuneration and social security | 454/9 | €300 | €12,580 | +€12,280 | +4,097% |
| Other amounts payable | 47/48 | €17,295 | €130,128 | +€112,833 | +652% |
| Accrued charges and deferred income | 492/3 | €1,798 | €78 | -€1,720 | -95.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,561 | €9,787 | +€226 | +2.4% |
| Other operating charges | 640/8 | €2,123 | €2,210 | +€88 | +4.1% |
| Gross operating margin | 9900 | €52,012 | €64,676 | +€12,664 | +24.3% |
| Operating profit (loss) | 9901 | €40,328 | €52,679 | +€12,351 | +30.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,407 | €1,849 | -€558 | -23.2% |
| Recurring financial charges | 65 | €2,407 | €1,849 | -€558 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €37,922 | €50,830 | +€12,908 | +34.0% |
| Income taxes | 67/77 | €8,804 | €15,901 | +€7,097 | +80.6% |
| Profit (loss) for the period | 9904 | €29,118 | €34,929 | +€5,811 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,118 | €34,929 | +€5,811 | +20.0% |
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 22 October 2026 via checked.be.