EUCOUNSEL: 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.
EUCOUNSEL
Largest movements
- Tangible fixed assets +€419,879
up €419,879 (+195%), from €214,991 to €634,870
of which Land and buildings: +€419,754
- Cash -€107,630
down €107,630 (-82.6%), from €130,274 to €22,644
mainly Investment in fixed assets (net) (-€495,484) and Contributions, distributions and other (-€24,833)
- Receivables within one year -€18,731
down €18,731 (-57.7%), from €32,465 to €13,734
of which Trade receivables: -€28,790
- Debts after one year +€144,875
up €144,875 (+600%), from €24,145 to €169,020
of which Financial debts: +€116,511
- Other debts +€122,706
up €122,706 (+1,308%), from €9,379 to €132,085
- Reserves +€20,000
up €20,000 (+7.8%), from €256,096 to €276,096
of which Distributable reserves: +€20,000
- Current portion of long-term debt +€13,504
up €13,504 (+136%), from €9,895 to €23,399
- Tax, wage and social debts -€10,882
down €10,882 (-34.9%), from €31,185 to €20,303
- Depreciation +€52,628
up €52,628 (+229%), from €22,977 to €75,605
- Taxes -€20,179
down €20,179 (-52.5%), from €38,459 to €18,280
- Gross operating margin -€9,186
down €9,186 (-5.9%), from €156,526 to €147,340
- Financial charges +€3,993
up €3,993 (+337%), from €1,186 to €5,179
- Other operating charges +€3,281
up €3,281 (+302%), from €1,088 to €4,369
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 | €382,437 | €672,789 | +€290,352 | +75.9% |
| Fixed assets | 21/28 | €214,991 | €634,870 | +€419,879 | +195% |
| Tangible fixed assets | 22/27 | €214,991 | €634,870 | +€419,879 | +195% |
| Land and buildings | 22 | €213,551 | €633,305 | +€419,754 | +197% |
| Furniture and vehicles | 24 | €1,440 | €1,565 | +€125 | +8.7% |
| Current assets | 29/58 | €167,446 | €37,919 | -€129,527 | -77.4% |
| Amounts receivable within one year | 40/41 | €32,465 | €13,734 | -€18,731 | -57.7% |
| Trade receivables | 40 | €32,465 | €3,675 | -€28,790 | -88.7% |
| Other amounts receivable | 41 | - | €10,059 | +€10,059 | |
| Cash at bank and in hand | 54/58 | €130,274 | €22,644 | -€107,630 | -82.6% |
| Deferred charges and accrued income | 490/1 | €4,707 | €1,541 | -€3,166 | -67.3% |
| Total equity and liabilities | 10/49 | €382,437 | €672,789 | +€290,352 | +75.9% |
| Equity | 10/15 | €273,795 | €293,011 | +€19,216 | +7.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €256,096 | €276,096 | +€20,000 | +7.8% |
| Tax-exempt reserves | 132 | €836 | €836 | = | 0.0% |
| Distributable reserves | 133 | €255,260 | €275,260 | +€20,000 | +7.8% |
| Profit (loss) carried forward | 14 | €11,499 | €10,715 | -€784 | -6.8% |
| Amounts payable | 17/49 | €108,642 | €379,778 | +€271,136 | +250% |
| Amounts payable after more than one year | 17 | €24,145 | €169,020 | +€144,875 | +600% |
| Financial debts | 170/4 | €21,438 | €137,949 | +€116,511 | +543% |
| Other amounts payable | 178/9 | €2,707 | €31,071 | +€28,364 | +1,048% |
| Amounts payable within one year | 42/48 | €53,167 | €180,558 | +€127,391 | +240% |
| Current portion of amounts payable after more than one year | 42 | €9,895 | €23,399 | +€13,504 | +136% |
| Trade debts | 44 | €2,708 | €4,771 | +€2,063 | +76.2% |
| Suppliers | 440/4 | €2,708 | €4,771 | +€2,063 | +76.2% |
| Taxes, remuneration and social security | 45 | €31,185 | €20,303 | -€10,882 | -34.9% |
| Taxes | 450/3 | €31,185 | €20,303 | -€10,882 | -34.9% |
| Other amounts payable | 47/48 | €9,379 | €132,085 | +€122,706 | +1,308% |
| Accrued charges and deferred income | 492/3 | €31,330 | €30,200 | -€1,130 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,977 | €75,605 | +€52,628 | +229% |
| Other operating charges | 640/8 | €1,088 | €4,369 | +€3,281 | +302% |
| Non-recurring operating charges | 66A | €150 | - | -€150 | |
| Gross operating margin | 9900 | €156,526 | €147,340 | -€9,186 | -5.9% |
| Operating profit (loss) | 9901 | €132,311 | €67,366 | -€64,945 | -49.1% |
| Financial income | 75/76B | €816 | €142 | -€674 | -82.6% |
| Recurring financial income | 75 | €816 | €142 | -€674 | -82.6% |
| Financial charges | 65/66B | €1,186 | €5,179 | +€3,993 | +337% |
| Recurring financial charges | 65 | €1,186 | €5,179 | +€3,993 | +337% |
| Profit (loss) for the period before taxes | 9903 | €131,941 | €62,329 | -€69,612 | -52.8% |
| Income taxes | 67/77 | €38,459 | €18,280 | -€20,179 | -52.5% |
| Profit (loss) for the period | 9904 | €93,482 | €44,049 | -€49,433 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,482 | €44,049 | -€49,433 | -52.9% |
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 20 October 2026 via checked.be.