EUDAIMONIA: 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.
EUDAIMONIA
Largest movements
- Tangible fixed assets -€8,535
down €8,535 (-27.1%), from €31,441 to €22,906
- Cash -€8,265
down €8,265 (-16.3%), from €50,721 to €42,456
mainly Contributions, distributions and other (-€107,500) and Tax, wage and social debts (-€7,867)
- Deferred charges and accrued income -€2,886
down €2,886 (-81.0%), from €3,562 to €676
- Reserves -€81,995
down €81,995 (-98.9%), from €82,873 to €879
- Other debts +€77,303
up €77,303 (+242.4%), from €31,896 to €109,200
- Tax, wage and social debts -€7,867
no longer reported in 2025 (was €7,867)
- Debts after one year -€6,294
down €6,294 (-34.9%), from €18,040 to €11,746
- Gross operating margin -€7,052
down €7,052 (-13.5%), from €52,425 to €45,372
- Financial charges -€1,073
down €1,073 (-88.2%), from €1,217 to €144
- Staff costs +€900
up €900 (+41.8%), from €2,155 to €3,055
- Taxes -€582
down €582 (-7.4%), from €7,867 to €7,285
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.
Cash bridge derived
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 | €149,953 | €130,010 | -€19,943 | -13.3% |
| Fixed assets | 21/28 | €91,441 | €82,906 | -€8,535 | -9.3% |
| Tangible fixed assets | 22/27 | €31,441 | €22,906 | -€8,535 | -27.1% |
| Furniture and vehicles | 24 | €31,441 | €22,906 | -€8,535 | -27.1% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €58,512 | €47,104 | -€11,408 | -19.5% |
| Amounts receivable within one year | 40/41 | €4,229 | €3,971 | -€258 | -6.1% |
| Trade receivables | 40 | €4,229 | €3,256 | -€973 | -23.0% |
| Other amounts receivable | 41 | - | €715 | +€715 | |
| Cash at bank and in hand | 54/58 | €50,721 | €42,456 | -€8,265 | -16.3% |
| Deferred charges and accrued income | 490/1 | €3,562 | €676 | -€2,886 | -81.0% |
| Total equity and liabilities | 10/49 | €149,953 | €130,010 | -€19,943 | -13.3% |
| Equity | 10/15 | €85,373 | €3,379 | -€81,995 | -96.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €82,873 | €879 | -€81,995 | -98.9% |
| Distributable reserves | 133 | €82,873 | €879 | -€81,995 | -98.9% |
| Amounts payable | 17/49 | €64,580 | €126,631 | +€62,052 | +96.1% |
| Amounts payable after more than one year | 17 | €18,040 | €11,746 | -€6,294 | -34.9% |
| Financial debts | 170/4 | €18,040 | €11,746 | -€6,294 | -34.9% |
| Amounts payable within one year | 42/48 | €46,540 | €114,885 | +€68,345 | +146.9% |
| Current portion of amounts payable after more than one year | 42 | €6,294 | €5,451 | -€842 | -13.4% |
| Trade debts | 44 | €484 | €235 | -€249 | -51.5% |
| Suppliers | 440/4 | €484 | €235 | -€249 | -51.5% |
| Taxes, remuneration and social security | 45 | €7,867 | - | -€7,867 | |
| Taxes | 450/3 | €7,867 | - | -€7,867 | |
| Other amounts payable | 47/48 | €31,896 | €109,200 | +€77,303 | +242.4% |
| Remuneration, social security and pensions | 62 | €2,155 | €3,055 | +€900 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,136 | €8,535 | +€399 | +4.9% |
| Other operating charges | 640/8 | €606 | €854 | +€248 | +40.9% |
| Gross operating margin | 9900 | €52,425 | €45,372 | -€7,052 | -13.5% |
| Operating profit (loss) | 9901 | €41,527 | €32,928 | -€8,599 | -20.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,217 | €144 | -€1,073 | -88.2% |
| Recurring financial charges | 65 | €1,217 | €144 | -€1,073 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €40,310 | €32,790 | -€7,520 | -18.7% |
| Income taxes | 67/77 | €7,867 | €7,285 | -€582 | -7.4% |
| Profit (loss) for the period | 9904 | €32,443 | €25,505 | -€6,938 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,443 | €25,505 | -€6,938 | -21.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.