E.U. Home Selection: 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.
E.U. Home Selection
Largest movements
- Receivables within one year -€48,189
down €48,189 (-22.9%), from €210,019 to €161,830
of which Other amounts receivable: -€75,460
- Cash -€17,577
down €17,577 (-24.3%), from €72,412 to €54,835
mainly Contributions, distributions and other (-€72,000) and Debts after one year (-€9,166)
- Tangible fixed assets -€13,998
down €13,998 (-28.2%), from €49,554 to €35,556
of which Furniture and vehicles: -€13,651
- Deferred charges and accrued income +€5,397
up €5,397 (+33.8%), from €15,982 to €21,379
- Reserves -€72,000
down €72,000 (-25.5%), from €281,860 to €209,860
of which Distributable reserves: -€72,000
- Debts after one year -€9,166
down €9,166 (-34.0%), from €26,947 to €17,781
- Profit (loss) carried forward +€4,101
up €4,101 (+32.9%), from €12,462 to €16,563
- Gross operating margin +€8,668
up €8,668 (+43.5%), from €19,930 to €28,597
- Taxes +€5,584
up €5,584 (+1,568%), from €356 to €5,940
- Staff costs -€4,213
no longer reported in 2025 (was €4,213)
- Depreciation +€3,056
up €3,056 (+39.7%), from €7,699 to €10,755
- Other operating charges -€2,420
down €2,420 (-51.0%), from €4,743 to €2,323
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 | €347,967 | €273,600 | -€74,367 | -21.4% |
| Fixed assets | 21/28 | €49,554 | €35,556 | -€13,998 | -28.2% |
| Tangible fixed assets | 22/27 | €49,554 | €35,556 | -€13,998 | -28.2% |
| Plant, machinery and equipment | 23 | €1,671 | €1,323 | -€348 | -20.8% |
| Furniture and vehicles | 24 | €47,883 | €34,232 | -€13,651 | -28.5% |
| Current assets | 29/58 | €298,412 | €238,044 | -€60,368 | -20.2% |
| Amounts receivable within one year | 40/41 | €210,019 | €161,830 | -€48,189 | -22.9% |
| Trade receivables | 40 | €114,267 | €141,539 | +€27,271 | +23.9% |
| Other amounts receivable | 41 | €95,752 | €20,291 | -€75,460 | -78.8% |
| Cash at bank and in hand | 54/58 | €72,412 | €54,835 | -€17,577 | -24.3% |
| Deferred charges and accrued income | 490/1 | €15,982 | €21,379 | +€5,397 | +33.8% |
| Total equity and liabilities | 10/49 | €347,967 | €273,600 | -€74,367 | -21.4% |
| Equity | 10/15 | €306,722 | €238,823 | -€67,899 | -22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €281,860 | €209,860 | -€72,000 | -25.5% |
| Non-distributable reserves | 130/1 | €10,860 | €10,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,860 | €10,860 | = | 0.0% |
| Distributable reserves | 133 | €271,000 | €199,000 | -€72,000 | -26.6% |
| Profit (loss) carried forward | 14 | €12,462 | €16,563 | +€4,101 | +32.9% |
| Amounts payable | 17/49 | €41,245 | €34,777 | -€6,468 | -15.7% |
| Amounts payable after more than one year | 17 | €26,947 | €17,781 | -€9,166 | -34.0% |
| Financial debts | 170/4 | €26,947 | €17,781 | -€9,166 | -34.0% |
| Amounts payable within one year | 42/48 | €14,298 | €16,996 | +€2,698 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €8,808 | €9,166 | +€357 | +4.1% |
| Trade debts | 44 | €1,748 | €1,229 | -€519 | -29.7% |
| Suppliers | 440/4 | €1,748 | €1,229 | -€519 | -29.7% |
| Taxes, remuneration and social security | 45 | €3,742 | €6,602 | +€2,860 | +76.4% |
| Taxes | 450/3 | €3,742 | €6,602 | +€2,860 | +76.4% |
| Non-recurring operating income | 76A | €15,289 | - | -€15,289 | |
| Remuneration, social security and pensions | 62 | €4,213 | - | -€4,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,699 | €10,755 | +€3,056 | +39.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €637 | +€637 | |
| Other operating charges | 640/8 | €4,743 | €2,323 | -€2,420 | -51.0% |
| Non-recurring operating charges | 66A | €2,615 | €3,582 | +€968 | +37.0% |
| Gross operating margin | 9900 | €19,930 | €28,597 | +€8,668 | +43.5% |
| Operating profit (loss) | 9901 | €660 | €11,300 | +€10,640 | +1,612% |
| Financial income | 75/76B | €1,735 | €1,204 | -€531 | -30.6% |
| Recurring financial income | 75 | €1,735 | €1,204 | -€531 | -30.6% |
| Financial charges | 65/66B | €1,733 | €2,463 | +€730 | +42.1% |
| Recurring financial charges | 65 | €1,733 | €2,463 | +€730 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €662 | €10,041 | +€9,379 | +1,417% |
| Income taxes | 67/77 | €356 | €5,940 | +€5,584 | +1,568% |
| Profit (loss) for the period | 9904 | €306 | €4,101 | +€3,795 | +1,242% |
| Profit (loss) for the period to be appropriated | 9905 | €306 | €4,101 | +€3,795 | +1,242% |
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 19 October 2026 via checked.be.