EUKNEEC: 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.
EUKNEEC
Largest movements
- Cash -€112,891
down €112,891 (-36.0%), from €313,643 to €200,752
mainly Contributions, distributions and other (-€136,941) and Debts after one year (-€118,642)
- Deferred charges and accrued income -€10,275
down €10,275 (-83.1%), from €12,362 to €2,087
- Receivables within one year +€6,005
up €6,005 (+19.5%), from €30,830 to €36,835
of which Trade receivables: +€10,237
- Debts after one year -€118,642
down €118,642 (-52.2%), from €227,178 to €108,536
- Reserves -€84,508
down €84,508 (-100%), from €84,508 to €0
- Other debts +€62,053
up €62,053 (+1,632%), from €3,802 to €65,855
- Trade debts +€12,499
up €12,499 (+103%), from €12,176 to €24,675
- Tax, wage and social debts +€6,234
up €6,234 (+19.7%), from €31,627 to €37,861
- Gross operating margin +€11,603
up €11,603 (+14.3%), from €81,025 to €92,628
- Taxes +€4,582
up €4,582 (+28.7%), from €15,964 to €20,547
- Financial charges -€4,192
down €4,192 (-21.8%), from €19,203 to €15,010
- Other operating charges +€1,194
up €1,194 (+192%), from €621 to €1,816
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 | €360,462 | €243,964 | -€116,499 | -32.3% |
| Fixed assets | 21/28 | €3,628 | €4,290 | +€662 | +18.3% |
| Tangible fixed assets | 22/27 | €3,628 | €4,290 | +€662 | +18.3% |
| Furniture and vehicles | 24 | €3,628 | €4,290 | +€662 | +18.3% |
| Current assets | 29/58 | €356,835 | €239,674 | -€117,161 | -32.8% |
| Amounts receivable within one year | 40/41 | €30,830 | €36,835 | +€6,005 | +19.5% |
| Trade receivables | 40 | €26,598 | €36,835 | +€10,237 | +38.5% |
| Other amounts receivable | 41 | €4,232 | €0 | -€4,232 | -100% |
| Cash at bank and in hand | 54/58 | €313,643 | €200,752 | -€112,891 | -36.0% |
| Deferred charges and accrued income | 490/1 | €12,362 | €2,087 | -€10,275 | -83.1% |
| Total equity and liabilities | 10/49 | €360,462 | €243,964 | -€116,499 | -32.3% |
| Equity | 10/15 | €85,508 | €1,000 | -€84,508 | -98.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €84,508 | €0 | -€84,508 | -100% |
| Distributable reserves | 133 | €84,508 | €0 | -€84,508 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €274,954 | €242,964 | -€31,990 | -11.6% |
| Amounts payable after more than one year | 17 | €227,178 | €108,536 | -€118,642 | -52.2% |
| Other amounts payable | 178/9 | €227,178 | €108,536 | -€118,642 | -52.2% |
| Amounts payable within one year | 42/48 | €47,605 | €128,391 | +€80,786 | +170% |
| Trade debts | 44 | €12,176 | €24,675 | +€12,499 | +103% |
| Suppliers | 440/4 | €12,176 | €24,675 | +€12,499 | +103% |
| Taxes, remuneration and social security | 45 | €31,627 | €37,861 | +€6,234 | +19.7% |
| Taxes | 450/3 | €31,627 | €37,861 | +€6,234 | +19.7% |
| Other amounts payable | 47/48 | €3,802 | €65,855 | +€62,053 | +1,632% |
| Accrued charges and deferred income | 492/3 | €171 | €6,037 | +€5,866 | +3,430% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,354 | €2,823 | +€469 | +19.9% |
| Other operating charges | 640/8 | €621 | €1,816 | +€1,194 | +192% |
| Gross operating margin | 9900 | €81,025 | €92,628 | +€11,603 | +14.3% |
| Operating profit (loss) | 9901 | €78,050 | €87,989 | +€9,940 | +12.7% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €19,203 | €15,010 | -€4,192 | -21.8% |
| Recurring financial charges | 65 | €19,203 | €15,010 | -€4,192 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €58,847 | €72,979 | +€14,132 | +24.0% |
| Income taxes | 67/77 | €15,964 | €20,547 | +€4,582 | +28.7% |
| Profit (loss) for the period | 9904 | €42,883 | €52,432 | +€9,549 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,883 | €52,432 | +€9,549 | +22.3% |
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 16 October 2026 via checked.be.