EUMANCAP: 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.
EUMANCAP
Largest movements
- Receivables within one year +€63,645
up €63,645 (+29.5%), from €216,031 to €279,676
of which Other amounts receivable: +€57,772
- Current investments -€23,992
down €23,992 (-39.9%), from €60,100 to €36,108
- Cash -€15,394
down €15,394 (-30.8%), from €49,943 to €34,549
mainly Receivables within one year (-€63,645) and Tax, wage and social debts (-€22,536)
- Profit (loss) carried forward +€38,184
up €38,184 (+13.3%), from €286,443 to €324,627
- Tax, wage and social debts -€22,536
down €22,536 (-52.4%), from €43,041 to €20,504
of which Taxes: -€24,125
- Contributions +€8,268
up €8,268 (+80.0%), from €10,335 to €18,603
- Gross operating margin -€34,127
down €34,127 (-26.3%), from €129,702 to €95,576
- Taxes -€9,369
down €9,369 (-48.0%), from €19,528 to €10,159
- Financial income -€6,760
down €6,760 (-76.4%), from €8,848 to €2,088
- Provisions -€5,331
no longer reported in 2024 (was €5,331)
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,228 | €369,618 | +€24,390 | +7.1% |
| Fixed assets | 21/28 | €5,620 | €8,174 | +€2,555 | +45.5% |
| Tangible fixed assets | 22/27 | €5,320 | €7,874 | +€2,555 | +48.0% |
| Furniture and vehicles | 24 | €5,320 | €7,874 | +€2,555 | +48.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €339,609 | €361,444 | +€21,836 | +6.4% |
| Amounts receivable within one year | 40/41 | €216,031 | €279,676 | +€63,645 | +29.5% |
| Trade receivables | 40 | €22,712 | €28,585 | +€5,873 | +25.9% |
| Other amounts receivable | 41 | €193,320 | €251,091 | +€57,772 | +29.9% |
| Current investments | 50/53 | €60,100 | €36,108 | -€23,992 | -39.9% |
| Cash at bank and in hand | 54/58 | €49,943 | €34,549 | -€15,394 | -30.8% |
| Deferred charges and accrued income | 490/1 | €13,534 | €11,111 | -€2,423 | -17.9% |
| Total equity and liabilities | 10/49 | €345,228 | €369,618 | +€24,390 | +7.1% |
| Equity | 10/15 | €296,778 | €343,230 | +€46,452 | +15.7% |
| Contributions | 10/11 | €10,335 | €18,603 | +€8,268 | +80.0% |
| Outside capital | 11 | €10,335 | €18,603 | +€8,268 | +80.0% |
| Share premium | 1100/10 | €10,335 | €18,603 | +€8,268 | +80.0% |
| Profit (loss) carried forward | 14 | €286,443 | €324,627 | +€38,184 | +13.3% |
| Amounts payable | 17/49 | €48,450 | €26,388 | -€22,062 | -45.5% |
| Amounts payable within one year | 42/48 | €46,486 | €26,388 | -€20,098 | -43.2% |
| Trade debts | 44 | €3,445 | €5,883 | +€2,438 | +70.8% |
| Suppliers | 440/4 | €3,445 | €5,883 | +€2,438 | +70.8% |
| Taxes, remuneration and social security | 45 | €43,041 | €20,504 | -€22,536 | -52.4% |
| Taxes | 450/3 | €32,009 | €7,884 | -€24,125 | -75.4% |
| Remuneration and social security | 454/9 | €11,032 | €12,620 | +€1,589 | +14.4% |
| Accrued charges and deferred income | 492/3 | €1,964 | - | -€1,964 | |
| Remuneration, social security and pensions | 62 | €39,368 | €40,454 | +€1,086 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,816 | €5,454 | -€362 | -6.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,331 | - | -€5,331 | |
| Other operating charges | 640/8 | €559 | €437 | -€122 | -21.8% |
| Non-recurring operating charges | 66A | €1,581 | €66 | -€1,515 | -95.8% |
| Gross operating margin | 9900 | €129,702 | €95,576 | -€34,127 | -26.3% |
| Operating profit (loss) | 9901 | €77,048 | €49,165 | -€27,883 | -36.2% |
| Financial income | 75/76B | €8,848 | €2,088 | -€6,760 | -76.4% |
| Recurring financial income | 75 | €8,848 | €2,088 | -€6,760 | -76.4% |
| Financial charges | 65/66B | €2,485 | €2,910 | +€425 | +17.1% |
| Recurring financial charges | 65 | €2,485 | €2,910 | +€425 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €83,411 | €48,343 | -€35,068 | -42.0% |
| Income taxes | 67/77 | €19,528 | €10,159 | -€9,369 | -48.0% |
| Profit (loss) for the period | 9904 | €63,883 | €38,184 | -€25,699 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,883 | €38,184 | -€25,699 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.