EUKA AVOCAT: 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.
EUKA AVOCAT
Largest movements
- Receivables after one year +€34,732
up €34,732 (+21.3%), from €163,308 to €198,040
- Cash -€19,536
down €19,536 (-24.1%), from €80,976 to €61,440
mainly Receivables after one year (-€34,732) and Trade debts (-€13,968)
- Deferred charges and accrued income +€6,753
new in 2025: €6,753
- Reserves +€33,600
up €33,600 (+17.3%), from €194,659 to €228,259
of which Distributable reserves: +€35,460
- Trade debts -€13,968
down €13,968 (-95.2%), from €14,670 to €702
- Gross operating margin -€16,294
down €16,294 (-27.8%), from €58,704 to €42,410
- Taxes -€12,264
down €12,264 (-54.1%), from €22,681 to €10,417
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €246,590 | €267,586 | +€20,996 | +8.5% |
| Fixed assets | 21/28 | €2,124 | €1,173 | -€951 | -44.8% |
| Tangible fixed assets | 22/27 | €2,124 | €1,173 | -€951 | -44.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €2,124 | €1,173 | -€951 | -44.8% |
| Current assets | 29/58 | €244,466 | €266,413 | +€21,947 | +9.0% |
| Amounts receivable after more than one year | 29 | €163,308 | €198,040 | +€34,732 | +21.3% |
| Other amounts receivable | 291 | €163,308 | €198,040 | +€34,732 | +21.3% |
| Amounts receivable within one year | 40/41 | €182 | €182 | -€1 | -0.3% |
| Trade receivables | 40 | €182 | €182 | -€1 | -0.3% |
| Cash at bank and in hand | 54/58 | €80,976 | €61,440 | -€19,536 | -24.1% |
| Deferred charges and accrued income | 490/1 | - | €6,753 | +€6,753 | |
| Total equity and liabilities | 10/49 | €246,590 | €267,586 | +€20,996 | +8.5% |
| Equity | 10/15 | €207,395 | €240,996 | +€33,601 | +16.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €194,659 | €228,259 | +€33,600 | +17.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €192,799 | €228,259 | +€35,460 | +18.4% |
| Profit (loss) carried forward | 14 | €336 | €337 | +€1 | +0.2% |
| Amounts payable | 17/49 | €39,195 | €26,590 | -€12,605 | -32.2% |
| Amounts payable within one year | 42/48 | €39,195 | €26,590 | -€12,605 | -32.2% |
| Trade debts | 44 | €14,670 | €702 | -€13,968 | -95.2% |
| Suppliers | 440/4 | €14,670 | €702 | -€13,968 | -95.2% |
| Taxes, remuneration and social security | 45 | €24,525 | €25,889 | +€1,364 | +5.6% |
| Taxes | 450/3 | €24,525 | €25,889 | +€1,364 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,410 | €951 | -€459 | -32.5% |
| Other operating charges | 640/8 | €683 | €900 | +€217 | +31.8% |
| Gross operating margin | 9900 | €58,704 | €42,410 | -€16,294 | -27.8% |
| Operating profit (loss) | 9901 | €56,611 | €40,559 | -€16,053 | -28.4% |
| Financial income | 75/76B | €10,828 | €10,241 | -€587 | -5.4% |
| Recurring financial income | 75 | €10,828 | €10,241 | -€587 | -5.4% |
| Financial charges | 65/66B | €922 | €382 | -€540 | -58.6% |
| Recurring financial charges | 65 | €922 | €382 | -€540 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | €66,517 | €50,418 | -€16,099 | -24.2% |
| Income taxes | 67/77 | €22,681 | €10,417 | -€12,264 | -54.1% |
| Profit (loss) for the period | 9904 | €43,836 | €40,001 | -€3,835 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,836 | €40,001 | -€3,835 | -8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.