EUDEV EQUITY FUND I: 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 EQUITY FUND I
Largest movements
- Receivables within one year -€73,278
down €73,278 (-56.5%), from €129,722 to €56,444
- Debts after one year -€162,142
down €162,142 (-32.0%), from €506,696 to €344,554
- Profit (loss) carried forward +€134,238
up €134,238 (+15.8%), from €847,062 to €981,300
- Tax, wage and social debts -€42,845
down €42,845 (-46.4%), from €92,324 to €49,479
- Gross operating margin -€23,366
down €23,366 (-10.9%), from €215,278 to €191,912
- Financial charges -€7,448
down €7,448 (-38.4%), from €19,377 to €11,929
- Taxes -€3,987
down €3,987 (-8.2%), from €48,733 to €44,746
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 | €3,278,188 | €3,188,989 | -€89,199 | -2.7% |
| Fixed assets | 21/28 | €3,132,076 | €3,132,100 | +€24 | 0.0% |
| Financial fixed assets | 28 | €3,132,076 | €3,132,100 | +€24 | 0.0% |
| Current assets | 29/58 | €146,112 | €56,889 | -€89,223 | -61.1% |
| Amounts receivable within one year | 40/41 | €129,722 | €56,444 | -€73,278 | -56.5% |
| Trade receivables | 40 | €129,722 | €56,444 | -€73,278 | -56.5% |
| Cash at bank and in hand | 54/58 | €16,390 | €445 | -€15,945 | -97.3% |
| Total equity and liabilities | 10/49 | €3,278,188 | €3,188,989 | -€89,199 | -2.7% |
| Equity | 10/15 | €2,347,062 | €2,481,300 | +€134,238 | +5.7% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €847,062 | €981,300 | +€134,238 | +15.8% |
| Amounts payable | 17/49 | €931,126 | €707,689 | -€223,437 | -24.0% |
| Amounts payable after more than one year | 17 | €506,696 | €344,554 | -€162,142 | -32.0% |
| Financial debts | 170/4 | €506,696 | €344,554 | -€162,142 | -32.0% |
| Amounts payable within one year | 42/48 | €412,684 | €353,755 | -€58,929 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €320,190 | €304,018 | -€16,172 | -5.1% |
| Taxes, remuneration and social security | 45 | €92,324 | €49,479 | -€42,845 | -46.4% |
| Taxes | 450/3 | €92,324 | €49,479 | -€42,845 | -46.4% |
| Other amounts payable | 47/48 | €170 | €258 | +€88 | +51.8% |
| Accrued charges and deferred income | 492/3 | €11,746 | €9,380 | -€2,366 | -20.1% |
| Other operating charges | 640/8 | €968 | €999 | +€31 | +3.2% |
| Gross operating margin | 9900 | €215,278 | €191,912 | -€23,366 | -10.9% |
| Operating profit (loss) | 9901 | €214,310 | €190,913 | -€23,397 | -10.9% |
| Financial charges | 65/66B | €19,377 | €11,929 | -€7,448 | -38.4% |
| Recurring financial charges | 65 | €19,377 | €11,929 | -€7,448 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €194,933 | €178,984 | -€15,949 | -8.2% |
| Income taxes | 67/77 | €48,733 | €44,746 | -€3,987 | -8.2% |
| Profit (loss) for the period | 9904 | €146,200 | €134,238 | -€11,962 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €146,200 | €134,238 | -€11,962 | -8.2% |
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 19 October 2026 via checked.be.