EUDEV Capital Management: 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.
EUDEV Capital Management
Largest movements
- Receivables within one year +€37,625
new in 2025: €37,625
of which Trade receivables: +€35,000
- Cash +€6,125
up €6,125 (+523%), from €1,172 to €7,297
mainly Trade debts (+€27,317) and Net result for the year (+€13,721)
- Trade debts +€27,317
up €27,317 (+115%), from €23,670 to €50,987
- Profit (loss) carried forward +€13,721
up €13,721 (+60.5%), from -€22,668 to -€8,947
- Other debts +€2,712
up €2,712 (+1,595%), from €170 to €2,882
- Gross operating margin +€15,970
up €15,970, from -€1,342 to €14,628
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 | €151,172 | €194,922 | +€43,750 | +28.9% |
| Fixed assets | 21/28 | €75,000 | €75,000 | = | 0.0% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €76,172 | €119,922 | +€43,750 | +57.4% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €37,625 | +€37,625 | |
| Trade receivables | 40 | - | €35,000 | +€35,000 | |
| Other amounts receivable | 41 | - | €2,625 | +€2,625 | |
| Cash at bank and in hand | 54/58 | €1,172 | €7,297 | +€6,125 | +523% |
| Total equity and liabilities | 10/49 | €151,172 | €194,922 | +€43,750 | +28.9% |
| Equity | 10/15 | €52,332 | €66,053 | +€13,721 | +26.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,668 | -€8,947 | +€13,721 | +60.5% |
| Amounts payable | 17/49 | €98,840 | €128,869 | +€30,029 | +30.4% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,840 | €53,869 | +€30,029 | +126% |
| Trade debts | 44 | €23,670 | €50,987 | +€27,317 | +115% |
| Suppliers | 440/4 | €23,670 | €50,987 | +€27,317 | +115% |
| Other amounts payable | 47/48 | €170 | €2,882 | +€2,712 | +1,595% |
| Other operating charges | 640/8 | €387 | €399 | +€12 | +3.1% |
| Gross operating margin | 9900 | -€1,342 | €14,628 | +€15,970 | |
| Operating profit (loss) | 9901 | -€1,729 | €14,229 | +€15,958 | |
| Financial income | 75/76B | €2,632 | €2,625 | -€7 | -0.3% |
| Recurring financial income | 75 | €2,632 | €2,625 | -€7 | -0.3% |
| Financial charges | 65/66B | €3,105 | €3,133 | +€28 | +0.9% |
| Recurring financial charges | 65 | €3,105 | €3,133 | +€28 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,202 | €13,721 | +€15,923 | |
| Profit (loss) for the period | 9904 | -€2,202 | €13,721 | +€15,923 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,202 | €13,721 | +€15,923 |
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 25 October 2026 via checked.be.