Eur-Vu: 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.
Eur-Vu
Largest movements
- Tangible fixed assets -€23,090
down €23,090 (-12.9%), from €179,032 to €155,942
of which Land and buildings: -€22,636
- Debts after one year -€25,812
down €25,812 (-13.0%), from €198,289 to €172,477
of which Financial debts: -€25,812
- Profit (loss) carried forward -€6,259
down €6,259 (-17.0%), from -€36,777 to -€43,037
- Other debts +€6,166
up €6,166 (+185%), from €3,336 to €9,501
- Accrued charges and deferred income +€2,570
new in 2025: €2,570
- Other operating charges +€3,922
up €3,922 (+67.1%), from €5,846 to €9,768
- Gross operating margin +€3,448
up €3,448 (+10.0%), from €34,462 to €37,910
- Financial charges -€2,768
down €2,768 (-19.6%), from €14,098 to €11,330
- Depreciation -€385
down €385 (-1.6%), from €23,475 to €23,090
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 | €205,802 | €183,825 | -€21,977 | -10.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €179,032 | €155,942 | -€23,090 | -12.9% |
| Tangible fixed assets | 22/27 | €179,032 | €155,942 | -€23,090 | -12.9% |
| Land and buildings | 22 | €178,578 | €155,942 | -€22,636 | -12.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €454 | €0 | -€454 | -100% |
| Current assets | 29/58 | €26,770 | €27,883 | +€1,113 | +4.2% |
| Amounts receivable within one year | 40/41 | €14 | €20 | +€6 | +40.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €14 | €20 | +€6 | +40.1% |
| Cash at bank and in hand | 54/58 | €26,521 | €26,421 | -€100 | -0.4% |
| Deferred charges and accrued income | 490/1 | €234 | €1,442 | +€1,208 | +515% |
| Total equity and liabilities | 10/49 | €205,802 | €183,825 | -€21,977 | -10.7% |
| Equity | 10/15 | -€22,517 | -€28,777 | -€6,259 | -27.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,777 | -€43,037 | -€6,259 | -17.0% |
| Amounts payable | 17/49 | €228,320 | €212,602 | -€15,718 | -6.9% |
| Amounts payable after more than one year | 17 | €198,289 | €172,477 | -€25,812 | -13.0% |
| Financial debts | 170/4 | €195,839 | €170,027 | -€25,812 | -13.2% |
| Other amounts payable | 178/9 | €2,450 | €2,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,031 | €37,555 | +€7,524 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €26,564 | €27,906 | +€1,342 | +5.1% |
| Trade debts | 44 | €0 | €148 | +€148 | |
| Suppliers | 440/4 | €0 | €148 | +€148 | |
| Taxes, remuneration and social security | 45 | €132 | €0 | -€132 | -100% |
| Taxes | 450/3 | €132 | €0 | -€132 | -100% |
| Other amounts payable | 47/48 | €3,336 | €9,501 | +€6,166 | +185% |
| Accrued charges and deferred income | 492/3 | - | €2,570 | +€2,570 | |
| Non-recurring operating income | 76A | €228 | - | -€228 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,475 | €23,090 | -€385 | -1.6% |
| Other operating charges | 640/8 | €5,846 | €9,768 | +€3,922 | +67.1% |
| Gross operating margin | 9900 | €34,462 | €37,910 | +€3,448 | +10.0% |
| Operating profit (loss) | 9901 | €5,141 | €5,051 | -€89 | -1.7% |
| Financial income | 75/76B | €73 | €19 | -€54 | -73.8% |
| Recurring financial income | 75 | €73 | €19 | -€54 | -73.8% |
| Financial charges | 65/66B | €14,098 | €11,330 | -€2,768 | -19.6% |
| Recurring financial charges | 65 | €14,098 | €11,330 | -€2,768 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,884 | -€6,259 | +€2,625 | +29.5% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€8,884 | -€6,259 | +€2,625 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,884 | -€6,259 | +€2,625 | +29.5% |
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 17 October 2026 via checked.be.