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EUCOMREG: what changed

Two fiscal 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.

What changed

EUCOMREG

BE 0645.644.965
NACE 61.100, Wired, wireless and satellite telecommunications
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,661
2024 · €14,617-€11,956
Equity
€81,080
2024 · €78,419+€2,661
Cash
€75,051
2024 · €83,113-€8,062
Balance sheet total
€84,486
2024 · €84,946-€461

Largest movements

2024 to 2025
Assets
  • Cash -€8,062

    down €8,062 (-9.7%), from €83,113 to €75,051

    mainly Receivables within one year (-€6,594) and Trade debts (-€3,264)

  • Receivables within one year +€6,594

    up €6,594 (+614.6%), from €1,073 to €7,667

    of which Trade receivables: +€7,520

  • Tangible fixed assets +€932

    new in 2025: €932

Equity and liabilities
  • Trade debts -€3,264

    no longer reported in 2025 (was €3,264)

    of which Suppliers: -€3,150

  • Profit (loss) carried forward +€2,661

    up €2,661 (+4.6%), from €57,959 to €60,620

Income statement
  • Turnover -€41,095

    down €41,095 (-45.6%), from €90,195 to €49,100

  • Purchases and services -€21,682

    down €21,682 (-29.1%), from €74,617 to €52,935

  • Gross operating margin -€17,210

    down €17,210 (-87.4%), from €19,689 to €2,479

  • Other operating charges -€6,816

    down €6,816 (-98.3%), from €6,935 to €118

  • Taxes +€2,616

    up €2,616, from -€2,038 to €577

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €14,617
Gross operating margin -€17,210
Staff costs +€47
Depreciation -€100
Other operating charges +€6,816
Financial income +€1,111
Financial charges -€4
Taxes -€2,616
Result 2025 €2,661

Cash bridge derived

cash 2024 to 2025

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.

From operations -€7,379
Investment -€1,032
Financing +€349
Cash 2024 €83,113
Net result for the year +€2,661
Depreciation +€100
Receivables within one year -€6,594
Deferred charges and accrued income -€76
Trade debts -€3,264
Tax, wage and social debts +€65
Other debts -€272
Investment in fixed assets (net) -€1,032
Short-term financial debts +€349
Cash 2025 €75,051
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €84,946 €84,486 -€461 -0.5%
Fixed assets 21/28 €90 €1,022 +€932 +1035.4%
Tangible fixed assets 22/27 - €932 +€932
Furniture and vehicles 24 - €932 +€932
Financial fixed assets 28 €90 €90 = 0.0%
Current assets 29/58 €84,856 €83,464 -€1,393 -1.6%
Amounts receivable within one year 40/41 €1,073 €7,667 +€6,594 +614.6%
Trade receivables 40 - €7,520 +€7,520
Other amounts receivable 41 €1,073 €147 -€926 -86.3%
Cash at bank and in hand 54/58 €83,113 €75,051 -€8,062 -9.7%
Deferred charges and accrued income 490/1 €670 €746 +€76 +11.3%
Total equity and liabilities 10/49 €84,946 €84,486 -€461 -0.5%
Equity 10/15 €78,419 €81,080 +€2,661 +3.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 €18,600 - -€18,600
Other 1109/19 €18,600 - -€18,600
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €57,959 €60,620 +€2,661 +4.6%
Amounts payable 17/49 €6,528 €3,406 -€3,122 -47.8%
Amounts payable within one year 42/48 €6,528 €3,406 -€3,122 -47.8%
Financial debts 43 - €349 +€349
Credit institutions 430/8 - €349 +€349
Trade debts 44 €3,264 - -€3,264
Suppliers 440/4 €3,150 - -€3,150
Bills of exchange payable 441 €114 - -€114
Taxes, remuneration and social security 45 €893 €958 +€65 +7.3%
Taxes 450/3 €804 €870 +€65 +8.1%
Remuneration and social security 454/9 €89 €89 = 0.0%
Other amounts payable 47/48 €2,370 €2,098 -€272 -11.5%
Turnover 70 €90,195 €49,100 -€41,095 -45.6%
Goods, raw materials, services and sundry goods 60/61 €74,617 €52,935 -€21,682 -29.1%
Remuneration, social security and pensions 62 €101 €55 -€47 -46.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €100 +€100
Other operating charges 640/8 €6,935 €118 -€6,816 -98.3%
Gross operating margin 9900 €19,689 €2,479 -€17,210 -87.4%
Operating profit (loss) 9901 €12,653 €2,206 -€10,447 -82.6%
Financial income 75/76B €61 €1,172 +€1,111 +1824.4%
Recurring financial income 75 €61 €1,172 +€1,111 +1824.4%
Financial charges 65/66B €135 €139 +€4 +3.0%
Recurring financial charges 65 €135 €139 +€4 +3.0%
Profit (loss) for the period before taxes 9903 €12,579 €3,238 -€9,341 -74.3%
Income taxes 67/77 -€2,038 €577 +€2,616
Profit (loss) for the period 9904 €14,617 €2,661 -€11,956 -81.8%
Profit (loss) for the period to be appropriated 9905 €14,617 €2,661 -€11,956 -81.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.