Eurad: 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.
Eurad
Largest movements
- Receivables within one year +€6,400
up €6,400 (+272%), from €2,352 to €8,752
- Cash -€5,132
down €5,132 (-26.8%), from €19,180 to €14,047
mainly Receivables within one year (-€6,400) and Trade debts (-€1,412)
- Stocks and contracts -€750
down €750 (-10.4%), from €7,196 to €6,446
- Trade debts -€1,412
no longer reported in 2025 (was €1,412)
- Profit (loss) carried forward +€1,233
up €1,233 (+2.7%), from -€44,944 to -€43,710
- Tax, wage and social debts +€681
up €681 (+270%), from €253 to €934
- Gross operating margin +€2,316
up €2,316, from -€1,545 to €771
- Financial income +€1,296
up €1,296 (+118,884%), from €1 to €1,297
of which Non-recurring financial income: +€1,297
- Financial charges -€1,113
down €1,113 (-74.9%), from €1,486 to €373
of which Non-recurring financial charges: -€1,113
- Taxes -€647
no longer reported in 2025 (was €647)
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 | €28,743 | €29,246 | +€503 | +1.7% |
| Current assets | 29/58 | €28,743 | €29,246 | +€503 | +1.7% |
| Amounts receivable after more than one year | 29 | €15 | - | -€15 | |
| Other amounts receivable | 291 | €15 | - | -€15 | |
| Stocks and contracts in progress | 3 | €7,196 | €6,446 | -€750 | -10.4% |
| Stocks | 30/36 | €7,196 | €6,446 | -€750 | -10.4% |
| Amounts receivable within one year | 40/41 | €2,352 | €8,752 | +€6,400 | +272% |
| Trade receivables | 40 | €2,352 | €8,752 | +€6,400 | +272% |
| Cash at bank and in hand | 54/58 | €19,180 | €14,047 | -€5,132 | -26.8% |
| Total equity and liabilities | 10/49 | €28,743 | €29,246 | +€503 | +1.7% |
| Equity | 10/15 | -€26,000 | -€24,766 | +€1,233 | +4.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €352 | €352 | = | 0.0% |
| Distributable reserves | 133 | €352 | €352 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,944 | -€43,710 | +€1,233 | +2.7% |
| Amounts payable | 17/49 | €54,742 | €54,012 | -€731 | -1.3% |
| Amounts payable within one year | 42/48 | €54,742 | €54,012 | -€731 | -1.3% |
| Financial debts | 43 | €53,078 | €53,078 | = | 0.0% |
| Other loans | 439 | €53,078 | €53,078 | = | 0.0% |
| Trade debts | 44 | €1,412 | - | -€1,412 | |
| Suppliers | 440/4 | €1,412 | - | -€1,412 | |
| Taxes, remuneration and social security | 45 | €253 | €934 | +€681 | +270% |
| Taxes | 450/3 | €253 | €934 | +€681 | +270% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€1,545 | €771 | +€2,316 | |
| Operating profit (loss) | 9901 | -€1,994 | €309 | +€2,304 | |
| Financial income | 75/76B | €1 | €1,297 | +€1,296 | +118,884% |
| Recurring financial income | 75 | €1 | €1,297 | +€1,296 | +118,884% |
| Non-recurring financial income | 76B | - | €1,297 | +€1,297 | |
| Financial charges | 65/66B | €1,486 | €373 | -€1,113 | -74.9% |
| Recurring financial charges | 65 | €36 | €36 | +€0 | 0.0% |
| Non-recurring financial charges | 66B | €1,450 | €337 | -€1,113 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,479 | €1,233 | +€4,713 | |
| Income taxes | 67/77 | €647 | - | -€647 | |
| Profit (loss) for the period | 9904 | -€4,126 | €1,233 | +€5,360 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,126 | €1,233 | +€5,360 |
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 21 October 2026 via checked.be.