EURACC: 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.
EURACC
Largest movements
- Receivables within one year +€143,334
up €143,334 (+309%), from €46,419 to €189,753
of which Other amounts receivable: +€127,215
- Current investments -€47,920
down €47,920 (-90.3%), from €53,066 to €5,146
- Tangible fixed assets +€24,007
up €24,007 (+6.1%), from €395,506 to €419,514
of which Furniture and vehicles: +€49,842
- Cash -€15,729
down €15,729 (-69.8%), from €22,529 to €6,800
mainly Receivables within one year (-€143,334) and Investment in fixed assets (net) (-€73,939)
- Debts after one year +€47,901
new in 2024: €47,901
- Reserves +€40,794
up €40,794 (+10.5%), from €389,586 to €430,380
of which Distributable reserves: +€40,794
- Current portion of long-term debt +€14,382
new in 2024: €14,382
- Depreciation +€15,216
up €15,216 (+43.8%), from €34,716 to €49,932
- Gross operating margin +€9,239
up €9,239 (+7.6%), from €121,538 to €130,777
- Financial charges +€6,628
up €6,628 (+62.0%), from €10,682 to €17,310
of which Financial charges: +€6,677
- Taxes -€2,050
down €2,050 (-9.7%), from €21,146 to €19,097
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.
Derived cash bridge
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 | €707,053 | €810,362 | +€103,308 | +14.6% |
| Fixed assets | 21/28 | €395,506 | €419,514 | +€24,007 | +6.1% |
| Tangible fixed assets | 22/27 | €395,506 | €419,514 | +€24,007 | +6.1% |
| Land and buildings | 22 | €381,035 | €355,200 | -€25,835 | -6.8% |
| Furniture and vehicles | 24 | €14,471 | €64,314 | +€49,842 | +344% |
| Current assets | 29/58 | €311,547 | €390,848 | +€79,301 | +25.5% |
| Stocks and contracts in progress | 3 | €187,576 | €187,576 | = | 0.0% |
| Stocks | 30/36 | €187,576 | €187,576 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,419 | €189,753 | +€143,334 | +309% |
| Trade receivables | 40 | €24,607 | €40,726 | +€16,118 | +65.5% |
| Other amounts receivable | 41 | €21,812 | €149,027 | +€127,215 | +583% |
| Current investments | 50/53 | €53,066 | €5,146 | -€47,920 | -90.3% |
| Cash at bank and in hand | 54/58 | €22,529 | €6,800 | -€15,729 | -69.8% |
| Deferred charges and accrued income | 490/1 | €1,957 | €1,573 | -€383 | -19.6% |
| Total equity and liabilities | 10/49 | €707,053 | €810,362 | +€103,308 | +14.6% |
| Equity | 10/15 | €473,085 | €513,880 | +€40,794 | +8.6% |
| Contributions | 10/11 | €8,059 | €8,059 | = | 0.0% |
| Reserves | 13 | €389,586 | €430,380 | +€40,794 | +10.5% |
| Non-distributable reserves | 130/1 | €11,430 | €11,430 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,430 | €11,430 | = | 0.0% |
| Distributable reserves | 133 | €378,156 | €418,950 | +€40,794 | +10.8% |
| Profit (loss) carried forward | 14 | €75,440 | €75,440 | = | 0.0% |
| Amounts payable | 17/49 | €233,968 | €296,482 | +€62,514 | +26.7% |
| Amounts payable after more than one year | 17 | - | €47,901 | +€47,901 | |
| Financial debts | 170/4 | - | €47,901 | +€47,901 | |
| Amounts payable within one year | 42/48 | €224,378 | €233,688 | +€9,311 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | - | €14,382 | +€14,382 | |
| Financial debts | 43 | €6,383 | €6,343 | -€40 | -0.6% |
| Credit institutions | 430/8 | €6,383 | €6,343 | -€40 | -0.6% |
| Trade debts | 44 | €28,994 | €21,075 | -€7,918 | -27.3% |
| Suppliers | 440/4 | €28,994 | €21,075 | -€7,918 | -27.3% |
| Taxes, remuneration and social security | 45 | €27,854 | €25,146 | -€2,708 | -9.7% |
| Taxes | 450/3 | €27,854 | €25,146 | -€2,708 | -9.7% |
| Other amounts payable | 47/48 | €161,147 | €166,742 | +€5,595 | +3.5% |
| Accrued charges and deferred income | 492/3 | €9,590 | €14,893 | +€5,303 | +55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,716 | €49,932 | +€15,216 | +43.8% |
| Other operating charges | 640/8 | €4,022 | €4,324 | +€302 | +7.5% |
| Gross operating margin | 9900 | €121,538 | €130,777 | +€9,239 | +7.6% |
| Operating profit (loss) | 9901 | €82,800 | €76,522 | -€6,279 | -7.6% |
| Financial income | 75/76B | €140 | €679 | +€539 | +385% |
| Recurring financial income | 75 | €140 | €679 | +€539 | +385% |
| Financial charges | 65/66B | €10,682 | €17,310 | +€6,628 | +62.0% |
| Recurring financial charges | 65 | €10,632 | €17,310 | +€6,677 | +62.8% |
| Non-recurring financial charges | 66B | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | €72,258 | €59,891 | -€12,367 | -17.1% |
| Income taxes | 67/77 | €21,146 | €19,097 | -€2,050 | -9.7% |
| Profit (loss) for the period | 9904 | €51,112 | €40,794 | -€10,317 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,112 | €40,794 | -€10,317 | -20.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.