EUFORIA: 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.
What changed
EUFORIA
NACE 47.750, Retail sale of cosmetics and toilet articles
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,033
2024 · €2,592+€1,441
Equity
€582,490
2024 · €578,457+€4,033
Cash
€7
2024 · €7
Balance sheet total
€824,687
2024 · €836,041-€11,354
Largest movements
Assets
- Tangible fixed assets -€11,354
down €11,354 (-1.6%), from €728,749 to €717,396
of which Land and buildings: -€10,005
Equity and liabilities
- Debts after one year -€19,280
down €19,280 (-19.4%), from €99,317 to €80,037
Income statement
- Gross operating margin +€2,304
up €2,304 (+8.2%), from €28,025 to €30,329
- Financial charges +€1,130
up €1,130 (+15.8%), from €7,165 to €8,296
- Depreciation -€434
down €434 (-3.7%), from €11,788 to €11,354
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.
Result 2024
€2,592
Gross operating margin
+€2,304
Depreciation
+€434
Other operating charges
-€217
Financial income
+€50
Financial charges
-€1,130
Result 2025
€4,033
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.
From operations
+€18,935
Investment
€0
Financing
-€18,935
Cash 2024
€7
From operations (derived)
+€18,935
Net result for the year
+€4,033
Depreciation
+€11,354
Trade debts
+€3,948
Other debts
-€400
Financing
-€18,935
Debts after one year
-€19,280
Current portion of long-term debt
+€479
Short-term financial debts
-€134
Cash 2025
€7
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €836,041 | €824,687 | -€11,354 | -1.4% |
| Fixed assets | 21/28 | €808,182 | €796,828 | -€11,354 | -1.4% |
| Tangible fixed assets | 22/27 | €728,749 | €717,396 | -€11,354 | -1.6% |
| Land and buildings | 22 | €726,052 | €716,047 | -€10,005 | -1.4% |
| Other tangible fixed assets | 26 | €2,697 | €1,349 | -€1,349 | -50.0% |
| Financial fixed assets | 28 | €79,433 | €79,433 | = | 0.0% |
| Current assets | 29/58 | €27,859 | €27,859 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,057 | €1,057 | = | 0.0% |
| Stocks | 30/36 | €1,057 | €1,057 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,785 | €23,785 | = | 0.0% |
| Other amounts receivable | 41 | €23,785 | €23,785 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7 | €7 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €3,010 | €3,010 | = | 0.0% |
| Total equity and liabilities | 10/49 | €836,041 | €824,687 | -€11,354 | -1.4% |
| Equity | 10/15 | €578,457 | €582,490 | +€4,033 | +0.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €226,632 | €226,632 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,518 | €210,518 | = | 0.0% |
| Distributable reserves | 133 | €16,113 | €16,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,148 | -€106,115 | +€4,033 | +3.7% |
| Provisions and deferred taxes | 16 | €70,173 | €70,173 | = | 0.0% |
| Deferred taxes | 168 | €70,173 | €70,173 | = | 0.0% |
| Amounts payable | 17/49 | €187,410 | €172,024 | -€15,387 | -8.2% |
| Amounts payable after more than one year | 17 | €99,317 | €80,037 | -€19,280 | -19.4% |
| Financial debts | 170/4 | €99,317 | €80,037 | -€19,280 | -19.4% |
| Amounts payable within one year | 42/48 | €88,093 | €91,987 | +€3,894 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €18,802 | €19,280 | +€479 | +2.5% |
| Financial debts | 43 | €7,451 | €7,317 | -€134 | -1.8% |
| Credit institutions | 430/8 | €7,451 | €7,317 | -€134 | -1.8% |
| Trade debts | 44 | €39,956 | €43,904 | +€3,948 | +9.9% |
| Suppliers | 440/4 | €39,956 | €43,904 | +€3,948 | +9.9% |
| Taxes, remuneration and social security | 45 | €843 | €843 | = | 0.0% |
| Taxes | 450/3 | €843 | €843 | = | 0.0% |
| Other amounts payable | 47/48 | €21,042 | €20,642 | -€400 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,788 | €11,354 | -€434 | -3.7% |
| Other operating charges | 640/8 | €6,730 | €6,946 | +€217 | +3.2% |
| Gross operating margin | 9900 | €28,025 | €30,329 | +€2,304 | +8.2% |
| Operating profit (loss) | 9901 | €9,508 | €12,029 | +€2,521 | +26.5% |
| Financial income | 75/76B | €250 | €300 | +€50 | +20.0% |
| Recurring financial income | 75 | €250 | €300 | +€50 | +20.0% |
| Financial charges | 65/66B | €7,165 | €8,296 | +€1,130 | +15.8% |
| Recurring financial charges | 65 | €7,165 | €8,296 | +€1,130 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €2,592 | €4,033 | +€1,441 | +55.6% |
| Profit (loss) for the period | 9904 | €2,592 | €4,033 | +€1,441 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,592 | €4,033 | +€1,441 | +55.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.