EUNOIA: 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.
EUNOIA
Largest movements
- Cash +€17,763
up €17,763 (+7.5%), from €238,037 to €255,800
mainly Net result for the year (+€56,338) and Depreciation (+€8,165)
- Tangible fixed assets -€5,561
down €5,561 (-3.9%), from €141,300 to €135,739
of which Land and buildings: -€3,542
- Reserves +€16,338
up €16,338 (+10.1%), from €161,066 to €177,404
of which Distributable reserves: +€16,338
- Gross operating margin -€29,724
down €29,724 (-24.9%), from €119,297 to €89,573
- Financial income +€6,262
up €6,262 (+546.9%), from €1,145 to €7,407
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 | €396,605 | €411,343 | +€14,738 | +3.7% |
| Fixed assets | 21/28 | €141,300 | €135,739 | -€5,561 | -3.9% |
| Tangible fixed assets | 22/27 | €141,300 | €135,739 | -€5,561 | -3.9% |
| Land and buildings | 22 | €110,833 | €107,292 | -€3,542 | -3.2% |
| Other tangible fixed assets | 26 | €30,467 | €28,448 | -€2,019 | -6.6% |
| Current assets | 29/58 | €255,305 | €275,603 | +€20,298 | +8.0% |
| Amounts receivable within one year | 40/41 | €17,268 | €19,803 | +€2,535 | +14.7% |
| Trade receivables | 40 | €15,831 | €14,803 | -€1,029 | -6.5% |
| Other amounts receivable | 41 | €1,436 | €5,000 | +€3,564 | +248.1% |
| Cash at bank and in hand | 54/58 | €238,037 | €255,800 | +€17,763 | +7.5% |
| Total equity and liabilities | 10/49 | €396,605 | €411,343 | +€14,738 | +3.7% |
| Equity | 10/15 | €327,728 | €344,066 | +€16,338 | +5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €161,066 | €177,404 | +€16,338 | +10.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €159,206 | €175,544 | +€16,338 | +10.3% |
| Profit (loss) carried forward | 14 | €154,262 | €154,262 | = | 0.0% |
| Amounts payable | 17/49 | €68,877 | €67,276 | -€1,601 | -2.3% |
| Amounts payable within one year | 42/48 | €68,077 | €67,276 | -€801 | -1.2% |
| Trade debts | 44 | €804 | €966 | +€162 | +20.2% |
| Suppliers | 440/4 | €804 | €966 | +€162 | +20.2% |
| Taxes, remuneration and social security | 45 | €27,742 | €26,758 | -€984 | -3.5% |
| Taxes | 450/3 | €25,197 | €23,546 | -€1,652 | -6.6% |
| Remuneration and social security | 454/9 | €2,544 | €3,212 | +€668 | +26.3% |
| Other amounts payable | 47/48 | €39,532 | €39,552 | +€21 | +0.1% |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,593 | €8,165 | -€428 | -5.0% |
| Other operating charges | 640/8 | €2,076 | €1,656 | -€420 | -20.3% |
| Non-recurring operating charges | 66A | - | €8,525 | +€8,525 | |
| Gross operating margin | 9900 | €119,297 | €89,573 | -€29,724 | -24.9% |
| Operating profit (loss) | 9901 | €108,627 | €71,228 | -€37,400 | -34.4% |
| Financial income | 75/76B | €1,145 | €7,407 | +€6,262 | +546.9% |
| Recurring financial income | 75 | €1,145 | €7,407 | +€6,262 | +546.9% |
| Financial charges | 65/66B | €232 | €169 | -€63 | -27.2% |
| Recurring financial charges | 65 | €232 | €169 | -€63 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €109,540 | €78,465 | -€31,075 | -28.4% |
| Income taxes | 67/77 | €23,212 | €22,127 | -€1,085 | -4.7% |
| Profit (loss) for the period | 9904 | €86,328 | €56,338 | -€29,990 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,328 | €56,338 | -€29,990 | -34.7% |
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 10 October 2026 via checked.be.