EUMMENA: 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.
EUMMENA
Largest movements
- Cash +€69,769
up €69,769 (+194.2%), from €35,932 to €105,701
mainly Receivables within one year (+€55,047) and Net result for the year (+€28,436)
- Receivables within one year -€55,047
down €55,047 (-53.3%), from €103,360 to €48,313
of which Trade receivables: -€44,612
- Financial fixed assets +€3,330
up €3,330 (+764.5%), from €436 to €3,766
- Profit (loss) carried forward +€28,436
up €28,436 (+49.7%), from €57,210 to €85,645
- Trade debts -€23,912
down €23,912 (-35.4%), from €67,479 to €43,568
- Tax, wage and social debts +€21,382
up €21,382 (+254.6%), from €8,399 to €29,782
of which Taxes: +€13,891
- Other debts -€7,921
down €7,921 (-88.0%), from €9,000 to €1,079
- Staff costs +€16,146
up €16,146 (+16.6%), from €97,268 to €113,414
- Gross operating margin +€15,993
up €15,993 (+11.1%), from €144,694 to €160,687
- Taxes +€4,169
up €4,169 (+65.2%), from €6,393 to €10,562
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 | €142,157 | €160,143 | +€17,986 | +12.7% |
| Fixed assets | 21/28 | €2,865 | €5,628 | +€2,763 | +96.4% |
| Tangible fixed assets | 22/27 | €2,430 | €1,862 | -€567 | -23.3% |
| Furniture and vehicles | 24 | €2,430 | €1,862 | -€567 | -23.3% |
| Financial fixed assets | 28 | €436 | €3,766 | +€3,330 | +764.5% |
| Current assets | 29/58 | €139,292 | €154,514 | +€15,223 | +10.9% |
| Amounts receivable within one year | 40/41 | €103,360 | €48,313 | -€55,047 | -53.3% |
| Trade receivables | 40 | €92,925 | €48,313 | -€44,612 | -48.0% |
| Other amounts receivable | 41 | €10,435 | €0 | -€10,435 | -100.0% |
| Cash at bank and in hand | 54/58 | €35,932 | €105,701 | +€69,769 | +194.2% |
| Deferred charges and accrued income | 490/1 | - | €500 | +€500 | |
| Total equity and liabilities | 10/49 | €142,157 | €160,143 | +€17,986 | +12.7% |
| Equity | 10/15 | €57,278 | €85,714 | +€28,436 | +49.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €68 | €68 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68 | €68 | = | 0.0% |
| Reserves not available under the articles | 1311 | €68 | €68 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,210 | €85,645 | +€28,436 | +49.7% |
| Amounts payable | 17/49 | €84,879 | €74,429 | -€10,450 | -12.3% |
| Amounts payable within one year | 42/48 | €84,879 | €74,429 | -€10,450 | -12.3% |
| Trade debts | 44 | €67,479 | €43,568 | -€23,912 | -35.4% |
| Suppliers | 440/4 | €67,479 | €43,568 | -€23,912 | -35.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,399 | €29,782 | +€21,382 | +254.6% |
| Taxes | 450/3 | €2,143 | €16,034 | +€13,891 | +648.2% |
| Remuneration and social security | 454/9 | €6,256 | €13,748 | +€7,492 | +119.7% |
| Other amounts payable | 47/48 | €9,000 | €1,079 | -€7,921 | -88.0% |
| Remuneration, social security and pensions | 62 | €97,268 | €113,414 | +€16,146 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €846 | €1,393 | +€547 | +64.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €144,694 | €160,687 | +€15,993 | +11.1% |
| Operating profit (loss) | 9901 | €46,193 | €45,480 | -€712 | -1.5% |
| Financial income | 75/76B | €1,646 | €2,898 | +€1,252 | +76.1% |
| Recurring financial income | 75 | €1,646 | €2,898 | +€1,252 | +76.1% |
| Financial charges | 65/66B | €8,192 | €9,381 | +€1,188 | +14.5% |
| Recurring financial charges | 65 | €8,192 | €9,381 | +€1,188 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €39,646 | €38,997 | -€649 | -1.6% |
| Income taxes | 67/77 | €6,393 | €10,562 | +€4,169 | +65.2% |
| Profit (loss) for the period | 9904 | €33,253 | €28,436 | -€4,817 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,253 | €28,436 | -€4,817 | -14.5% |
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 6 October 2026 via checked.be.