EUPHROSYNI: 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.
EUPHROSYNI
Largest movements
- Receivables within one year -€6,690
no longer reported in 2025 (was €6,690)
of which Other amounts receivable: -€6,388
- Stocks and contracts -€3,404
down €3,404 (-42.5%), from €8,016 to €4,612
- Intangible fixed assets -€2,033
down €2,033 (-73.4%), from €2,772 to €738
- Cash -€424
down €424 (-1.8%), from €23,705 to €23,281
mainly Net result for the year (-€14,579) and Trade debts (-€52)
- Profit (loss) carried forward -€14,579
down €14,579, from €3,628 to -€10,951
- Other debts +€1,962
up €1,962 (+26.0%), from €7,538 to €9,499
- Gross operating margin -€11,643
down €11,643, from €647 to -€10,996
- Depreciation -€1,153
down €1,153 (-35.4%), from €3,252 to €2,100
- Other operating charges +€797
up €797 (+221%), from €360 to €1,157
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 | €41,473 | €28,868 | -€12,604 | -30.4% |
| Fixed assets | 21/28 | €2,838 | €738 | -€2,100 | -74.0% |
| Intangible fixed assets | 21 | €2,772 | €738 | -€2,033 | -73.4% |
| Tangible fixed assets | 22/27 | €66 | - | -€66 | |
| Furniture and vehicles | 24 | €66 | - | -€66 | |
| Current assets | 29/58 | €38,635 | €28,130 | -€10,504 | -27.2% |
| Stocks and contracts in progress | 3 | €8,016 | €4,612 | -€3,404 | -42.5% |
| Stocks | 30/36 | €8,016 | €4,612 | -€3,404 | -42.5% |
| Amounts receivable within one year | 40/41 | €6,690 | - | -€6,690 | |
| Trade receivables | 40 | €302 | - | -€302 | |
| Other amounts receivable | 41 | €6,388 | - | -€6,388 | |
| Cash at bank and in hand | 54/58 | €23,705 | €23,281 | -€424 | -1.8% |
| Deferred charges and accrued income | 490/1 | €223 | €237 | +€14 | +6.2% |
| Total equity and liabilities | 10/49 | €41,473 | €28,868 | -€12,604 | -30.4% |
| Equity | 10/15 | €33,628 | €19,049 | -€14,579 | -43.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,628 | -€10,951 | -€14,579 | |
| Amounts payable | 17/49 | €7,845 | €9,820 | +€1,975 | +25.2% |
| Amounts payable within one year | 42/48 | €7,824 | €9,741 | +€1,917 | +24.5% |
| Trade debts | 44 | €129 | €77 | -€52 | -40.5% |
| Suppliers | 440/4 | €129 | €77 | -€52 | -40.5% |
| Taxes, remuneration and social security | 45 | €157 | €164 | +€8 | +4.9% |
| Taxes | 450/3 | €157 | €164 | +€8 | +4.9% |
| Other amounts payable | 47/48 | €7,538 | €9,499 | +€1,962 | +26.0% |
| Accrued charges and deferred income | 492/3 | €21 | €79 | +€58 | +272% |
| Remuneration, social security and pensions | 62 | -€75 | €5 | +€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,252 | €2,100 | -€1,153 | -35.4% |
| Other operating charges | 640/8 | €360 | €1,157 | +€797 | +221% |
| Gross operating margin | 9900 | €647 | -€10,996 | -€11,643 | |
| Operating profit (loss) | 9901 | -€2,892 | -€14,258 | -€11,367 | -393% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €171 | €156 | -€14 | -8.4% |
| Recurring financial charges | 65 | €171 | €156 | -€14 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,055 | -€14,414 | -€11,359 | -372% |
| Income taxes | 67/77 | €157 | €164 | +€8 | +4.9% |
| Profit (loss) for the period | 9904 | -€3,212 | -€14,579 | -€11,367 | -354% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,212 | -€14,579 | -€11,367 | -354% |
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 20 October 2026 via checked.be.