EUFIPAR: 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.
EUFIPAR
Largest movements
- Current investments -€400,000
down €400,000 (-40.0%), from €1.0m to €600,000
- Cash +€153,509
up €153,509 (+50.3%), from €305,433 to €458,941
mainly Current investments (+€400,000) and Net result for the year (+€171,317)
- Receivables within one year +€20,576
up €20,576 (+23.3%), from €88,276 to €108,852
of which Trade receivables: +€16,239
- Other debts -€500,118
no longer reported in 2024 (was €500,118)
- Profit (loss) carried forward +€171,317
up €171,317 (+75.8%), from €225,951 to €397,268
- Tax, wage and social debts +€101,030
up €101,030 (+26.3%), from €383,746 to €484,776
of which Remuneration and social security: +€76,758
- Turnover +€334,277
up €334,277 (+21.4%), from €1.6m to €1.9m
- Staff costs +€271,918
up €271,918 (+22.2%), from €1.2m to €1.5m
- Services and other goods +€31,681
up €31,681 (+22.2%), from €142,405 to €174,086
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.
Cash bridge derived
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 | €1,402,937 | €1,175,800 | -€227,137 | -16.2% |
| Fixed assets | 21/28 | €3,313 | €3,886 | +€573 | +17.3% |
| Tangible fixed assets | 22/27 | €3,197 | €3,770 | +€573 | +17.9% |
| Furniture and vehicles | 24 | €3,197 | €3,770 | +€573 | +17.9% |
| Financial fixed assets | 28 | €116 | €116 | = | 0.0% |
| Other financial fixed assets | 284/8 | €116 | €116 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €116 | €116 | = | 0.0% |
| Current assets | 29/58 | €1,399,624 | €1,171,914 | -€227,710 | -16.3% |
| Amounts receivable within one year | 40/41 | €88,276 | €108,852 | +€20,576 | +23.3% |
| Trade receivables | 40 | €79,594 | €95,833 | +€16,239 | +20.4% |
| Other amounts receivable | 41 | €8,683 | €13,019 | +€4,337 | +49.9% |
| Current investments | 50/53 | €1,000,000 | €600,000 | -€400,000 | -40.0% |
| Other investments | 51/53 | €1,000,000 | €600,000 | -€400,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €305,433 | €458,941 | +€153,509 | +50.3% |
| Deferred charges and accrued income | 490/1 | €5,915 | €4,121 | -€1,795 | -30.3% |
| Total equity and liabilities | 10/49 | €1,402,937 | €1,175,800 | -€227,137 | -16.2% |
| Equity | 10/15 | €500,951 | €672,268 | +€171,317 | +34.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €225,951 | €397,268 | +€171,317 | +75.8% |
| Amounts payable | 17/49 | €901,986 | €503,532 | -€398,454 | -44.2% |
| Amounts payable within one year | 42/48 | €901,985 | €502,460 | -€399,526 | -44.3% |
| Trade debts | 44 | €18,122 | €17,684 | -€438 | -2.4% |
| Suppliers | 440/4 | €18,122 | €17,684 | -€438 | -2.4% |
| Taxes, remuneration and social security | 45 | €383,746 | €484,776 | +€101,030 | +26.3% |
| Taxes | 450/3 | €73,092 | €97,365 | +€24,272 | +33.2% |
| Remuneration and social security | 454/9 | €310,653 | €387,411 | +€76,758 | +24.7% |
| Other amounts payable | 47/48 | €500,118 | - | -€500,118 | |
| Accrued charges and deferred income | 492/3 | €0 | €1,072 | +€1,072 | +714673.3% |
| Operating income | 70/76A | €1,561,073 | €1,895,350 | +€334,277 | +21.4% |
| Turnover | 70 | €1,561,073 | €1,895,350 | +€334,277 | +21.4% |
| Operating charges | 60/66A | €1,370,628 | €1,673,008 | +€302,380 | +22.1% |
| Services and other goods | 61 | €142,405 | €174,086 | +€31,681 | +22.2% |
| Remuneration, social security and pensions | 62 | €1,224,462 | €1,496,380 | +€271,918 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,171 | €1,169 | -€2 | -0.2% |
| Other operating charges | 640/8 | €2,590 | €1,373 | -€1,217 | -47.0% |
| Operating profit (loss) | 9901 | €190,445 | €222,342 | +€31,897 | +16.7% |
| Financial income | 75/76B | €12,023 | €15,670 | +€3,648 | +30.3% |
| Recurring financial income | 75 | €12,023 | €15,670 | +€3,648 | +30.3% |
| Income from current assets | 751 | €12,023 | €15,670 | +€3,648 | +30.3% |
| Financial charges | 65/66B | €311 | €307 | -€4 | -1.1% |
| Recurring financial charges | 65 | €311 | €307 | -€4 | -1.1% |
| Other financial charges | 652/9 | €311 | €307 | -€4 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €202,157 | €237,705 | +€35,548 | +17.6% |
| Income taxes | 67/77 | €57,085 | €66,388 | +€9,303 | +16.3% |
| Taxes | 670/3 | €57,085 | €66,388 | +€9,303 | +16.3% |
| Profit (loss) for the period | 9904 | €145,071 | €171,317 | +€26,245 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €145,071 | €171,317 | +€26,245 | +18.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.