EA: 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.
EA
Largest movements
- Cash +€11,153
up €11,153 (+8.3%), from €134,790 to €145,943
mainly Net result for the year (+€14,949) and Other debts (+€3,326)
- Current investments +€10,000
up €10,000 (+43.5%), from €23,004 to €33,004
- Reserves +€14,949
up €14,949 (+10.6%), from €140,769 to €155,718
- Other debts +€3,326
up €3,326 (+53.5%), from €6,214 to €9,541
- Gross operating margin -€2,584
down €2,584 (-8.7%), from €29,632 to €27,047
- Other operating charges +€1,166
up €1,166 (+267%), from €436 to €1,602
- Taxes +€437
up €437 (+5.3%), from €8,208 to €8,645
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 | €182,791 | €201,501 | +€18,710 | +10.2% |
| Fixed assets | 21/28 | €9,874 | €8,151 | -€1,724 | -17.5% |
| Tangible fixed assets | 22/27 | €9,874 | €8,151 | -€1,724 | -17.5% |
| Furniture and vehicles | 24 | €6,524 | €4,801 | -€1,724 | -26.4% |
| Other tangible fixed assets | 26 | €3,350 | €3,350 | = | 0.0% |
| Current assets | 29/58 | €172,916 | €193,350 | +€20,434 | +11.8% |
| Amounts receivable within one year | 40/41 | €15,122 | €14,403 | -€719 | -4.8% |
| Trade receivables | 40 | €15,122 | €14,384 | -€738 | -4.9% |
| Other amounts receivable | 41 | - | €19 | +€19 | |
| Current investments | 50/53 | €23,004 | €33,004 | +€10,000 | +43.5% |
| Cash at bank and in hand | 54/58 | €134,790 | €145,943 | +€11,153 | +8.3% |
| Total equity and liabilities | 10/49 | €182,791 | €201,501 | +€18,710 | +10.2% |
| Equity | 10/15 | €143,769 | €158,718 | +€14,949 | +10.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €140,769 | €155,718 | +€14,949 | +10.6% |
| Distributable reserves | 133 | €140,769 | €155,718 | +€14,949 | +10.6% |
| Amounts payable | 17/49 | €39,021 | €42,783 | +€3,761 | +9.6% |
| Amounts payable within one year | 42/48 | €39,021 | €42,783 | +€3,761 | +9.6% |
| Trade debts | 44 | €6,744 | €6,374 | -€370 | -5.5% |
| Suppliers | 440/4 | €6,744 | €6,374 | -€370 | -5.5% |
| Advances received on contracts in progress | 46 | €5,917 | €5,917 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €20,146 | €20,951 | +€805 | +4.0% |
| Taxes | 450/3 | €20,146 | €20,951 | +€805 | +4.0% |
| Other amounts payable | 47/48 | €6,214 | €9,541 | +€3,326 | +53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,925 | €1,724 | -€202 | -10.5% |
| Other operating charges | 640/8 | €436 | €1,602 | +€1,166 | +267% |
| Gross operating margin | 9900 | €29,632 | €27,047 | -€2,584 | -8.7% |
| Operating profit (loss) | 9901 | €27,270 | €23,722 | -€3,548 | -13.0% |
| Financial income | 75/76B | €0 | €52 | +€52 | |
| Recurring financial income | 75 | €0 | €52 | +€52 | |
| Financial charges | 65/66B | €81 | €179 | +€99 | +122% |
| Recurring financial charges | 65 | €81 | €179 | +€99 | +122% |
| Profit (loss) for the period before taxes | 9903 | €27,189 | €23,594 | -€3,595 | -13.2% |
| Income taxes | 67/77 | €8,208 | €8,645 | +€437 | +5.3% |
| Profit (loss) for the period | 9904 | €18,982 | €14,949 | -€4,033 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,982 | €14,949 | -€4,033 | -21.2% |
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.