EUFUNDING CONSULT: 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.
EUFUNDING CONSULT
Largest movements
- Cash -€59,497
down €59,497 (-30.4%), from €195,687 to €136,190
mainly Other debts (-€133,539) and Investment in fixed assets (net) (-€5,022)
- Tangible fixed assets -€17,334
down €17,334 (-31.4%), from €55,117 to €37,783
- Other debts -€133,539
down €133,539 (-86.9%), from €153,675 to €20,136
- Reserves +€49,187
up €49,187 (+597%), from €8,235 to €57,422
of which Distributable reserves: +€49,187
- Accrued charges and deferred income +€5,804
up €5,804 (+150%), from €3,881 to €9,685
- Provisions +€4,440
new in 2025: €4,440
- Tax, wage and social debts -€3,611
down €3,611 (-8.6%), from €42,127 to €38,516
of which Taxes: -€3,872
- Gross operating margin +€30,706
up €30,706 (+26.1%), from €117,763 to €148,469
- Taxes +€12,413
up €12,413 (+89.5%), from €13,869 to €26,282
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 | €266,063 | €187,893 | -€78,170 | -29.4% |
| Fixed assets | 21/28 | €55,117 | €37,783 | -€17,334 | -31.4% |
| Tangible fixed assets | 22/27 | €55,117 | €37,783 | -€17,334 | -31.4% |
| Other tangible fixed assets | 26 | €55,117 | €37,783 | -€17,334 | -31.4% |
| Current assets | 29/58 | €210,947 | €150,110 | -€60,837 | -28.8% |
| Amounts receivable within one year | 40/41 | €14,069 | €12,536 | -€1,533 | -10.9% |
| Trade receivables | 40 | €12,938 | €12,337 | -€601 | -4.6% |
| Other amounts receivable | 41 | €1,131 | €199 | -€931 | -82.4% |
| Cash at bank and in hand | 54/58 | €195,687 | €136,190 | -€59,497 | -30.4% |
| Deferred charges and accrued income | 490/1 | €1,191 | €1,384 | +€193 | +16.2% |
| Total equity and liabilities | 10/49 | €266,063 | €187,893 | -€78,170 | -29.4% |
| Equity | 10/15 | €64,435 | €113,622 | +€49,187 | +76.3% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €8,235 | €57,422 | +€49,187 | +597% |
| Non-distributable reserves | 130/1 | €6,860 | €6,860 | = | 0.0% |
| Other | 1319 | €6,860 | €6,860 | = | 0.0% |
| Distributable reserves | 133 | €1,375 | €50,562 | +€49,187 | +3,577% |
| Provisions and deferred taxes | 16 | - | €4,440 | +€4,440 | |
| Provisions for liabilities and charges | 160/5 | - | €4,440 | +€4,440 | |
| Other liabilities and charges | 164/5 | - | €4,440 | +€4,440 | |
| Amounts payable | 17/49 | €201,628 | €69,831 | -€131,797 | -65.4% |
| Amounts payable within one year | 42/48 | €197,747 | €60,146 | -€137,601 | -69.6% |
| Trade debts | 44 | €1,945 | €1,494 | -€451 | -23.2% |
| Suppliers | 440/4 | €1,945 | €1,494 | -€451 | -23.2% |
| Taxes, remuneration and social security | 45 | €42,127 | €38,516 | -€3,611 | -8.6% |
| Taxes | 450/3 | €35,066 | €31,194 | -€3,872 | -11.0% |
| Remuneration and social security | 454/9 | €7,061 | €7,322 | +€261 | +3.7% |
| Other amounts payable | 47/48 | €153,675 | €20,136 | -€133,539 | -86.9% |
| Accrued charges and deferred income | 492/3 | €3,881 | €9,685 | +€5,804 | +150% |
| Remuneration, social security and pensions | 62 | €39,848 | €40,812 | +€964 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,927 | €22,356 | +€428 | +2.0% |
| Other operating charges | 640/8 | €4,188 | €4,322 | +€134 | +3.2% |
| Non-recurring operating charges | 66A | - | €4,440 | +€4,440 | |
| Gross operating margin | 9900 | €117,763 | €148,469 | +€30,706 | +26.1% |
| Operating profit (loss) | 9901 | €51,801 | €76,541 | +€24,740 | +47.8% |
| Financial income | 75/76B | €15 | €5 | -€10 | -67.7% |
| Recurring financial income | 75 | €15 | €5 | -€10 | -67.7% |
| Financial charges | 65/66B | €53 | €1,076 | +€1,024 | +1,948% |
| Recurring financial charges | 65 | €53 | €1,076 | +€1,024 | +1,948% |
| Profit (loss) for the period before taxes | 9903 | €51,763 | €75,469 | +€23,706 | +45.8% |
| Income taxes | 67/77 | €13,869 | €26,282 | +€12,413 | +89.5% |
| Profit (loss) for the period | 9904 | €37,894 | €49,187 | +€11,293 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,894 | €49,187 | +€11,293 | +29.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.