EU WHOLESALE: 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.
EU WHOLESALE
Largest movements
- Receivables within one year -€80,218
down €80,218 (-98.2%), from €81,705 to €1,487
of which Trade receivables: -€70,410
- Stocks and contracts +€22,100
up €22,100 (+108%), from €20,385 to €42,485
- Tangible fixed assets +€8,301
new in 2025: €8,301
- Cash -€2,963
down €2,963 (-39.6%), from €7,486 to €4,523
mainly Net result for the year (-€67,276) and Stocks and contracts (-€22,100)
- Profit (loss) carried forward -€67,277
down €67,277 (-756%), from -€8,903 to -€76,180
- Other debts +€7,722
new in 2025: €7,722
- Trade debts +€4,081
up €4,081 (+4.7%), from €86,069 to €90,150
- Tax, wage and social debts +€2,694
new in 2025: €2,694
- Gross operating margin -€56,016
down €56,016 (-1,385%), from -€4,044 to -€60,060
- Purchases and services +€51,006
up €51,006 (+37.1%), from €137,452 to €188,458
- Turnover -€5,010
down €5,010 (-3.8%), from €133,408 to €128,398
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 | €109,576 | €56,797 | -€52,780 | -48.2% |
| Fixed assets | 21/28 | - | €8,301 | +€8,301 | |
| Tangible fixed assets | 22/27 | - | €8,301 | +€8,301 | |
| Furniture and vehicles | 24 | - | €8,301 | +€8,301 | |
| Current assets | 29/58 | €109,576 | €48,495 | -€61,081 | -55.7% |
| Stocks and contracts in progress | 3 | €20,385 | €42,485 | +€22,100 | +108% |
| Stocks | 30/36 | €20,385 | €42,485 | +€22,100 | +108% |
| Amounts receivable within one year | 40/41 | €81,705 | €1,487 | -€80,218 | -98.2% |
| Trade receivables | 40 | €71,897 | €1,487 | -€70,410 | -97.9% |
| Other amounts receivable | 41 | €9,808 | - | -€9,808 | |
| Cash at bank and in hand | 54/58 | €7,486 | €4,523 | -€2,963 | -39.6% |
| Total equity and liabilities | 10/49 | €109,576 | €56,797 | -€52,780 | -48.2% |
| Equity | 10/15 | €23,507 | -€43,769 | -€67,276 | |
| Contributions | 10/11 | €32,410 | €32,410 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€8,903 | -€76,180 | -€67,277 | -756% |
| Amounts payable | 17/49 | €86,069 | €100,566 | +€14,497 | +16.8% |
| Amounts payable within one year | 42/48 | €86,069 | €100,566 | +€14,497 | +16.8% |
| Trade debts | 44 | €86,069 | €90,150 | +€4,081 | +4.7% |
| Suppliers | 440/4 | €86,069 | €90,150 | +€4,081 | +4.7% |
| Taxes, remuneration and social security | 45 | - | €2,694 | +€2,694 | |
| Taxes | 450/3 | - | €2,694 | +€2,694 | |
| Other amounts payable | 47/48 | - | €7,722 | +€7,722 | |
| Turnover | 70 | €133,408 | €128,398 | -€5,010 | -3.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €137,452 | €188,458 | +€51,006 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,049 | +€1,049 | |
| Other operating charges | 640/8 | €3,212 | €3,724 | +€512 | +16.0% |
| Gross operating margin | 9900 | -€4,044 | -€60,060 | -€56,016 | -1,385% |
| Operating profit (loss) | 9901 | -€7,256 | -€64,833 | -€57,577 | -794% |
| Financial charges | 65/66B | €1,647 | €2,443 | +€796 | +48.4% |
| Recurring financial charges | 65 | €1,647 | €2,443 | +€796 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,903 | -€67,276 | -€58,373 | -656% |
| Profit (loss) for the period | 9904 | -€8,903 | -€67,276 | -€58,373 | -656% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,903 | -€67,276 | -€58,373 | -656% |
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 30 October 2026 via checked.be.