EUDO SERVICES: 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.
EUDO SERVICES
Largest movements
- Receivables within one year +€28,539
up €28,539 (+112%), from €25,582 to €54,121
of which Other amounts receivable: +€20,956
- Tangible fixed assets -€11,133
down €11,133 (-41.6%), from €26,738 to €15,605
of which Furniture and vehicles: -€10,835
- Cash +€2,052
up €2,052 (+339%), from €606 to €2,658
mainly Net result for the year (+€14,727) and Depreciation (+€11,229)
- Profit (loss) carried forward +€11,290
up €11,290 (+49.5%), from €22,829 to €34,119
- Trade debts +€10,165
up €10,165 (+275%), from €3,699 to €13,864
- Tax, wage and social debts +€5,868
up €5,868 (+182%), from €3,224 to €9,093
of which Taxes: +€6,089
- Debts after one year -€5,075
down €5,075 (-35.6%), from €14,239 to €9,164
- Current portion of long-term debt -€2,537
down €2,537 (-33.3%), from €7,612 to €5,075
- Staff costs -€14,133
down €14,133 (-37.4%), from €37,756 to €23,624
- Purchases and services +€11,915
up €11,915 (+84.4%), from €14,114 to €26,029
- Gross operating margin -€5,916
down €5,916 (-10.3%), from €57,200 to €51,284
- Turnover +€3,144
up €3,144 (+4.4%), from €71,314 to €74,459
- Financial charges -€1,917
no longer reported in 2024 (was €1,917)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,604 | €73,315 | +€19,711 | +36.8% |
| Formation expenses | 20 | €678 | €583 | -€95 | -14.0% |
| Fixed assets | 21/28 | €26,738 | €15,605 | -€11,133 | -41.6% |
| Tangible fixed assets | 22/27 | €26,738 | €15,605 | -€11,133 | -41.6% |
| Plant, machinery and equipment | 23 | €894 | €596 | -€298 | -33.4% |
| Furniture and vehicles | 24 | €25,844 | €15,009 | -€10,835 | -41.9% |
| Current assets | 29/58 | €26,188 | €57,127 | +€30,940 | +118% |
| Amounts receivable within one year | 40/41 | €25,582 | €54,121 | +€28,539 | +112% |
| Trade receivables | 40 | €4,710 | €12,293 | +€7,583 | +161% |
| Other amounts receivable | 41 | €20,872 | €41,828 | +€20,956 | +100% |
| Cash at bank and in hand | 54/58 | €606 | €2,658 | +€2,052 | +339% |
| Deferred charges and accrued income | 490/1 | - | €348 | +€348 | |
| Total equity and liabilities | 10/49 | €53,604 | €73,315 | +€19,711 | +36.8% |
| Equity | 10/15 | €24,829 | €36,119 | +€11,290 | +45.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,829 | €34,119 | +€11,290 | +49.5% |
| Amounts payable | 17/49 | €28,775 | €37,196 | +€8,421 | +29.3% |
| Amounts payable after more than one year | 17 | €14,239 | €9,164 | -€5,075 | -35.6% |
| Financial debts | 170/4 | €14,239 | €9,164 | -€5,075 | -35.6% |
| Amounts payable within one year | 42/48 | €14,536 | €28,032 | +€13,496 | +92.8% |
| Current portion of amounts payable after more than one year | 42 | €7,612 | €5,075 | -€2,537 | -33.3% |
| Trade debts | 44 | €3,699 | €13,864 | +€10,165 | +275% |
| Suppliers | 440/4 | €3,699 | €13,864 | +€10,165 | +275% |
| Taxes, remuneration and social security | 45 | €3,224 | €9,093 | +€5,868 | +182% |
| Taxes | 450/3 | €3,004 | €9,093 | +€6,089 | +203% |
| Remuneration and social security | 454/9 | €221 | - | -€221 | |
| Turnover | 70 | €71,314 | €74,459 | +€3,144 | +4.4% |
| Non-recurring operating income | 76A | €4,177 | €2,855 | -€1,322 | -31.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,114 | €26,029 | +€11,915 | +84.4% |
| Remuneration, social security and pensions | 62 | €37,756 | €23,624 | -€14,133 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,229 | €11,229 | = | 0.0% |
| Other operating charges | 640/8 | €1,241 | €1,705 | +€464 | +37.4% |
| Gross operating margin | 9900 | €57,200 | €51,284 | -€5,916 | -10.3% |
| Operating profit (loss) | 9901 | €6,974 | €14,727 | +€7,753 | +111% |
| Financial charges | 65/66B | €1,917 | - | -€1,917 | |
| Recurring financial charges | 65 | €1,917 | - | -€1,917 | |
| Profit (loss) for the period before taxes | 9903 | €5,057 | €14,727 | +€9,670 | +191% |
| Income taxes | 67/77 | €1,011 | - | -€1,011 | |
| Profit (loss) for the period | 9904 | €4,045 | €14,727 | +€10,682 | +264% |
| Profit (loss) for the period to be appropriated | 9905 | €4,045 | €14,727 | +€10,682 | +264% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.