EUMACO: 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.
What changed
EUMACO
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€328,149
2023 · €3.3m-€3.0m
Equity
€5.2m
2023 · €6.2m-€1.0m
Cash
€4,363
2023 · €6,360-€1,997
Balance sheet total
€6.5m
2023 · €9.5m-€3.0m
Largest movements
Assets
- Current investments -€2.3m
down €2.3m (-63.1%), from €3.6m to €1.3m
of which Other investments: -€2.3m
- Receivables within one year -€699,979
no longer reported in 2024 (was €699,979)
Equity and liabilities
- Other debts -€2.0m
down €2.0m (-59.4%), from €3.3m to €1.3m
- Profit (loss) carried forward -€1.0m
down €1.0m (-21.0%), from €4.8m to €3.8m
Income statement
- Financial income -€3.0m
down €3.0m (-89.8%), from €3.3m to €337,598
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.
Result 2023
€3.3m
Other operating charges
-€16
Other operating items
+€3,554
Financial income
-€3.0m
Financial charges
-€17
Taxes
-€3,146
Result 2024
€328,149
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.
From operations
-€926,997
Investment
+€2.3m
Financing
-€1.3m
Cash 2023
€6,360
From operations (derived)
-€926,997
Net result for the year
+€328,149
Receivables within one year
+€699,979
Deferred charges and accrued income
+€9,963
Smaller working-capital items
-€4,966
Other debts
-€2.0m
Investment (derived)
+€2.3m
Current investments
+€2.3m
Financing
-€1.3m
Contributions, distributions and other
-€1.3m
Cash 2024
€4,363
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,511,406 | €6,534,467 | -€3.0m | -31.3% |
| Fixed assets | 21/28 | €5,201,541 | €5,201,541 | = | 0.0% |
| Financial fixed assets | 28 | €5,201,541 | €5,201,541 | = | 0.0% |
| Affiliated companies | 280/1 | €5,201,541 | €5,201,541 | = | 0.0% |
| Participating interests | 280 | €5,201,541 | €5,201,541 | = | 0.0% |
| Current assets | 29/58 | €4,309,865 | €1,332,926 | -€3.0m | -69.1% |
| Amounts receivable within one year | 40/41 | €699,979 | - | -€699,979 | |
| Other amounts receivable | 41 | €699,979 | - | -€699,979 | |
| Current investments | 50/53 | €3,591,963 | €1,326,963 | -€2.3m | -63.1% |
| Own shares | 50 | €1,001,963 | €1,001,963 | = | 0.0% |
| Other investments | 51/53 | €2,590,000 | €325,000 | -€2.3m | -87.5% |
| Cash at bank and in hand | 54/58 | €6,360 | €4,363 | -€1,997 | -31.4% |
| Deferred charges and accrued income | 490/1 | €11,563 | €1,600 | -€9,963 | -86.2% |
| Total equity and liabilities | 10/49 | €9,511,406 | €6,534,467 | -€3.0m | -31.3% |
| Equity | 10/15 | €6,205,839 | €5,193,988 | -€1.0m | -16.3% |
| Contributions | 10/11 | €95,348 | €95,348 | = | 0.0% |
| Capital | 10 | €95,348 | €95,348 | = | 0.0% |
| Issued capital | 100 | €95,348 | €95,348 | = | 0.0% |
| Reserves | 13 | €1,288,246 | €1,288,246 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,073,974 | €1,073,974 | = | 0.0% |
| Legal reserve | 130 | €72,011 | €72,011 | = | 0.0% |
| Own shares acquired | 1312 | €1,001,963 | €1,001,963 | = | 0.0% |
| Distributable reserves | 133 | €214,272 | €214,272 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,822,245 | €3,810,394 | -€1.0m | -21.0% |
| Amounts payable | 17/49 | €3,305,567 | €1,340,479 | -€2.0m | -59.4% |
| Amounts payable within one year | 42/48 | €3,302,099 | €1,340,000 | -€2.0m | -59.4% |
| Trade debts | 44 | €1,977 | - | -€1,977 | |
| Suppliers | 440/4 | €1,977 | - | -€1,977 | |
| Other amounts payable | 47/48 | €3,300,122 | €1,340,000 | -€2.0m | -59.4% |
| Accrued charges and deferred income | 492/3 | €3,468 | €479 | -€2,989 | -86.2% |
| Operating charges | 60/66A | €5,877 | €2,339 | -€3,538 | -60.2% |
| Services and other goods | 61 | €4,785 | €1,231 | -€3,554 | -74.3% |
| Other operating charges | 640/8 | €1,092 | €1,108 | +€16 | +1.5% |
| Operating profit (loss) | 9901 | -€5,877 | -€2,339 | +€3,538 | +60.2% |
| Financial income | 75/76B | €3,305,686 | €337,598 | -€3.0m | -89.8% |
| Recurring financial income | 75 | €3,305,686 | €337,598 | -€3.0m | -89.8% |
| Income from financial fixed assets | 750 | €3,294,123 | €315,546 | -€3.0m | -90.4% |
| Income from current assets | 751 | €11,563 | €22,052 | +€10,489 | +90.7% |
| Financial charges | 65/66B | €478 | €495 | +€17 | +3.6% |
| Recurring financial charges | 65 | €478 | €495 | +€17 | +3.6% |
| Other financial charges | 652/9 | €478 | €495 | +€17 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €3,299,331 | €334,764 | -€3.0m | -89.9% |
| Income taxes | 67/77 | €3,469 | €6,615 | +€3,146 | +90.7% |
| Taxes | 670/3 | €3,469 | €6,615 | +€3,146 | +90.7% |
| Profit (loss) for the period | 9904 | €3,295,862 | €328,149 | -€3.0m | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,295,862 | €328,149 | -€3.0m | -90.0% |
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 10 October 2026 via checked.be.