EUGETEC: 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.
EUGETEC
Largest movements
- Cash -€155,594
down €155,594 (-82.2%), from €189,301 to €33,707
mainly Receivables within one year (-€86,915) and Other debts (-€36,042)
- Receivables within one year +€86,915
up €86,915 (+15.7%), from €552,183 to €639,098
of which Other amounts receivable: +€55,873
- Deferred charges and accrued income +€13,975
up €13,975 (+52.8%), from €26,483 to €40,458
- Tangible fixed assets +€10,299
up €10,299 (+70.9%), from €14,517 to €24,816
of which Furniture and vehicles: +€9,548
- Other debts -€36,042
no longer reported in 2025 (was €36,042)
- Trade debts -€29,854
down €29,854 (-8.4%), from €354,767 to €324,913
- Tax, wage and social debts +€14,904
up €14,904 (+7.7%), from €192,966 to €207,870
of which Remuneration and social security: +€32,074
- Staff costs +€176,294
up €176,294 (+18.4%), from €958,476 to €1.1m
- Gross operating margin +€82,112
up €82,112 (+7.4%), from €1.1m to €1.2m
- Write-downs -€34,694
no longer reported in 2025 (was €34,694)
- Taxes -€18,680
down €18,680 (-62.9%), from €29,694 to €11,014
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €790,949 | €748,895 | -€42,054 | -5.3% |
| Fixed assets | 21/28 | €14,767 | €25,066 | +€10,299 | +69.7% |
| Tangible fixed assets | 22/27 | €14,517 | €24,816 | +€10,299 | +70.9% |
| Plant, machinery and equipment | 23 | €4,873 | €4,551 | -€323 | -6.6% |
| Furniture and vehicles | 24 | €9,644 | €19,192 | +€9,548 | +99.0% |
| Other tangible fixed assets | 26 | - | €1,074 | +€1,074 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €776,181 | €723,828 | -€52,353 | -6.7% |
| Stocks and contracts in progress | 3 | €8,215 | €5,200 | -€3,015 | -36.7% |
| Stocks | 30/36 | €8,215 | €5,200 | -€3,015 | -36.7% |
| Amounts receivable within one year | 40/41 | €552,183 | €639,098 | +€86,915 | +15.7% |
| Trade receivables | 40 | €470,865 | €501,907 | +€31,042 | +6.6% |
| Other amounts receivable | 41 | €81,318 | €137,191 | +€55,873 | +68.7% |
| Current investments | 50/53 | - | €5,366 | +€5,366 | |
| Cash at bank and in hand | 54/58 | €189,301 | €33,707 | -€155,594 | -82.2% |
| Deferred charges and accrued income | 490/1 | €26,483 | €40,458 | +€13,975 | +52.8% |
| Total equity and liabilities | 10/49 | €790,949 | €748,895 | -€42,054 | -5.3% |
| Equity | 10/15 | €92,025 | €95,186 | +€3,161 | +3.4% |
| Contributions | 10/11 | €1,547 | €1,547 | = | 0.0% |
| Reserves | 13 | €90,478 | €93,639 | +€3,161 | +3.5% |
| Distributable reserves | 133 | €90,478 | €93,639 | +€3,161 | +3.5% |
| Amounts payable | 17/49 | €698,924 | €653,708 | -€45,215 | -6.5% |
| Amounts payable within one year | 42/48 | €697,717 | €645,961 | -€51,756 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €13,942 | €13,178 | -€764 | -5.5% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €354,767 | €324,913 | -€29,854 | -8.4% |
| Suppliers | 440/4 | €354,767 | €324,913 | -€29,854 | -8.4% |
| Taxes, remuneration and social security | 45 | €192,966 | €207,870 | +€14,904 | +7.7% |
| Taxes | 450/3 | €56,285 | €39,115 | -€17,169 | -30.5% |
| Remuneration and social security | 454/9 | €136,682 | €168,755 | +€32,074 | +23.5% |
| Other amounts payable | 47/48 | €36,042 | - | -€36,042 | |
| Accrued charges and deferred income | 492/3 | €1,206 | €7,747 | +€6,541 | +542.2% |
| Non-recurring operating income | 76A | €973 | €121,817 | +€120,844 | +12414.1% |
| Remuneration, social security and pensions | 62 | €958,476 | €1,134,770 | +€176,294 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,916 | €10,028 | +€3,112 | +45.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,694 | - | -€34,694 | |
| Other operating charges | 640/8 | €8,673 | €7,352 | -€1,321 | -15.2% |
| Non-recurring operating charges | 66A | €19,485 | €1,484 | -€18,001 | -92.4% |
| Gross operating margin | 9900 | €1,115,308 | €1,197,421 | +€82,112 | +7.4% |
| Operating profit (loss) | 9901 | €87,064 | €43,787 | -€43,278 | -49.7% |
| Financial income | 75/76B | €865 | €82 | -€784 | -90.5% |
| Recurring financial income | 75 | €15 | €82 | +€67 | +448.8% |
| Non-recurring financial income | 76B | €851 | - | -€851 | |
| Financial charges | 65/66B | €24,518 | €29,693 | +€5,175 | +21.1% |
| Recurring financial charges | 65 | €24,400 | €29,693 | +€5,292 | +21.7% |
| Non-recurring financial charges | 66B | €118 | - | -€118 | |
| Profit (loss) for the period before taxes | 9903 | €63,412 | €14,176 | -€49,236 | -77.6% |
| Income taxes | 67/77 | €29,694 | €11,014 | -€18,680 | -62.9% |
| Profit (loss) for the period | 9904 | €33,717 | €3,161 | -€30,556 | -90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,717 | €3,161 | -€30,556 | -90.6% |
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.