EUFRAZIE: 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.
EUFRAZIE
Largest movements
- Receivables within one year -€22,927
down €22,927 (-57.8%), from €39,642 to €16,714
of which Trade receivables: -€25,089
- Tangible fixed assets -€9,290
down €9,290 (-20.3%), from €45,872 to €36,582
of which Other tangible fixed assets: -€4,972
- Cash +€4,569
up €4,569 (+51.0%), from €8,962 to €13,530
mainly Receivables within one year (+€22,927) and Depreciation (+€10,479)
- Stocks and contracts -€3,497
down €3,497 (-31.4%), from €11,139 to €7,642
- Trade debts -€42,317
down €42,317 (-74.4%), from €56,858 to €14,540
- Profit (loss) carried forward +€9,735
up €9,735, from -€1,550 to €8,186
- Tax, wage and social debts +€2,292
up €2,292 (+10.3%), from €22,286 to €24,578
of which Taxes: +€4,854
- Staff costs -€78,023
down €78,023 (-46.7%), from €167,090 to €89,067
- Gross operating margin -€74,206
down €74,206 (-39.0%), from €190,413 to €116,206
- Financial charges -€4,640
down €4,640 (-49.8%), from €9,324 to €4,684
- Depreciation -€4,394
down €4,394 (-29.5%), from €14,872 to €10,479
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 | €107,594 | €77,304 | -€30,290 | -28.2% |
| Fixed assets | 21/28 | €45,872 | €36,582 | -€9,290 | -20.3% |
| Tangible fixed assets | 22/27 | €45,872 | €36,582 | -€9,290 | -20.3% |
| Plant, machinery and equipment | 23 | €12,588 | €10,309 | -€2,279 | -18.1% |
| Furniture and vehicles | 24 | €8,999 | €6,959 | -€2,039 | -22.7% |
| Other tangible fixed assets | 26 | €24,285 | €19,313 | -€4,972 | -20.5% |
| Current assets | 29/58 | €61,722 | €40,722 | -€21,000 | -34.0% |
| Stocks and contracts in progress | 3 | €11,139 | €7,642 | -€3,497 | -31.4% |
| Stocks | 30/36 | €11,139 | €7,642 | -€3,497 | -31.4% |
| Amounts receivable within one year | 40/41 | €39,642 | €16,714 | -€22,927 | -57.8% |
| Trade receivables | 40 | €39,094 | €14,005 | -€25,089 | -64.2% |
| Other amounts receivable | 41 | €548 | €2,709 | +€2,162 | +394.6% |
| Cash at bank and in hand | 54/58 | €8,962 | €13,530 | +€4,569 | +51.0% |
| Deferred charges and accrued income | 490/1 | €1,980 | €2,836 | +€856 | +43.2% |
| Total equity and liabilities | 10/49 | €107,594 | €77,304 | -€30,290 | -28.2% |
| Equity | 10/15 | €28,450 | €38,186 | +€9,735 | +34.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,550 | €8,186 | +€9,735 | |
| Amounts payable | 17/49 | €79,144 | €39,118 | -€40,026 | -50.6% |
| Amounts payable within one year | 42/48 | €79,144 | €39,118 | -€40,026 | -50.6% |
| Trade debts | 44 | €56,858 | €14,540 | -€42,317 | -74.4% |
| Suppliers | 440/4 | €56,858 | €14,540 | -€42,317 | -74.4% |
| Taxes, remuneration and social security | 45 | €22,286 | €24,578 | +€2,292 | +10.3% |
| Taxes | 450/3 | €4,396 | €9,250 | +€4,854 | +110.4% |
| Remuneration and social security | 454/9 | €17,890 | €15,328 | -€2,562 | -14.3% |
| Remuneration, social security and pensions | 62 | €167,090 | €89,067 | -€78,023 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,872 | €10,479 | -€4,394 | -29.5% |
| Other operating charges | 640/8 | €916 | €1,194 | +€278 | +30.4% |
| Non-recurring operating charges | 66A | - | €1,419 | +€1,419 | |
| Gross operating margin | 9900 | €190,413 | €116,206 | -€74,206 | -39.0% |
| Operating profit (loss) | 9901 | €7,534 | €14,048 | +€6,514 | +86.5% |
| Financial income | 75/76B | €241 | €372 | +€131 | +54.5% |
| Recurring financial income | 75 | €241 | €372 | +€131 | +54.5% |
| Financial charges | 65/66B | €9,324 | €4,684 | -€4,640 | -49.8% |
| Recurring financial charges | 65 | €9,324 | €4,684 | -€4,640 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,550 | €9,735 | +€11,285 | |
| Profit (loss) for the period | 9904 | -€1,550 | €9,735 | +€11,285 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,550 | €9,735 | +€11,285 |
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 11 October 2026 via checked.be.