eurakor: 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.
What changed
eurakor
NACE 88.993, Social work activities without accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€40,244
2024 · €260,922-€220,678
Equity
€2.0m
2024 · €2.1m-€59,360
Cash
€258,530
2024 · €441,795-€183,265
Balance sheet total
€10.5m
2024 · €11.4m-€927,808
Largest movements
Assets
- Tangible fixed assets -€483,117
down €483,117 (-5.4%), from €8.9m to €8.5m
of which Land and buildings: -€314,379
- Cash -€183,265
down €183,265 (-41.5%), from €441,795 to €258,530
mainly Debts after one year (-€365,564) and Tax, wage and social debts (-€237,250)
- Receivables within one year -€162,823
down €162,823 (-13.2%), from €1.2m to €1.1m
of which Other amounts receivable: -€103,072
Equity and liabilities
- Debts after one year -€365,564
down €365,564 (-5.7%), from €6.4m to €6.0m
- Tax, wage and social debts -€237,250
down €237,250 (-23.1%), from €1.0m to €789,585
of which Remuneration and social security: -€193,708
- Short-term financial debts -€203,561
down €203,561 (-25.2%), from €807,277 to €603,716
- Other debts +€191,859
up €191,859 (+73.6%), from €260,729 to €452,588
- Trade debts -€164,393
down €164,393 (-40.6%), from €404,748 to €240,355
Income statement
- Turnover -€689,594
down €689,594 (-9.7%), from €7.1m to €6.4m
- Goods and materials -€455,497
down €455,497 (-18.3%), from €2.5m to €2.0m
of which Purchases: -€447,868
- Services and other goods -€230,513
down €230,513 (-17.2%), from €1.3m to €1.1m
- Staff costs +€124,683
up €124,683 (+1.9%), from €6.6m to €6.7m
- Depreciation -€104,437
down €104,437 (-16.0%), from €653,743 to €549,306
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.
Result 2024
€260,922
Turnover
-€689,594
Other operating income
+€49,862
Goods and materials
+€455,497
Services and other goods
+€230,513
Staff costs
-€124,683
Depreciation
+€104,437
Write-downs
+€25,549
Other operating charges
+€11,712
Other operating items
-€338,721
Financial income
+€2,818
Financial charges
+€40,641
Taxes
+€11,292
Result 2025
€40,244
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€508,173
Investment
-€15,510
Financing
-€675,928
Cash 2024
€441,795
From operations (derived)
+€508,173
Net result for the year
+€40,244
Depreciation
+€549,306
Stocks and contracts
+€68,730
Receivables within one year
+€162,823
Deferred charges and accrued income
-€20,806
Trade debts
-€164,393
Tax, wage and social debts
-€237,250
Advances received
-€104,687
Other debts
+€191,859
Accrued charges and deferred income
+€22,346
Investment (derived)
-€15,510
Investment in fixed assets (net)
-€15,510
Financing
-€675,928
Debts after one year
-€365,564
Current portion of long-term debt
-€7,199
Short-term financial debts
-€203,561
Contributions, distributions and other
-€99,604
Cash 2025
€258,530
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,415,378 | €10,487,569 | -€927,808 | -8.1% |
| Formation expenses | 20 | €19,849 | €4,068 | -€15,781 | -79.5% |
| Fixed assets | 21/28 | €9,002,535 | €8,484,519 | -€518,016 | -5.8% |
| Intangible fixed assets | 21 | €65,569 | €30,669 | -€34,900 | -53.2% |
| Tangible fixed assets | 22/27 | €8,934,228 | €8,451,112 | -€483,117 | -5.4% |
| Land and buildings | 22 | €7,412,914 | €7,098,536 | -€314,379 | -4.2% |
| Plant, machinery and equipment | 23 | €1,361,053 | €1,227,861 | -€133,193 | -9.8% |
| Furniture and vehicles | 24 | €144,083 | €124,715 | -€19,368 | -13.4% |
| Leasing and similar rights | 25 | €16,177 | €0 | -€16,177 | -100% |
| Financial fixed assets | 28 | €2,738 | €2,738 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,738 | €2,738 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,738 | €2,738 | = | 0.0% |
| Current assets | 29/58 | €2,392,994 | €1,998,982 | -€394,012 | -16.5% |
| Stocks and contracts in progress | 3 | €651,873 | €583,143 | -€68,730 | -10.5% |
| Stocks | 30/36 | €651,873 | €583,143 | -€68,730 | -10.5% |
| Raw materials and consumables | 30/31 | €439,923 | €349,575 | -€90,348 | -20.5% |
| Work in progress | 32 | €7,698 | €14,924 | +€7,225 | +93.9% |
| Finished goods | 33 | €162,553 | €176,229 | +€13,676 | +8.4% |
| Goods purchased for resale | 34 | €41,699 | €42,416 | +€717 | +1.7% |
| Amounts receivable within one year | 40/41 | €1,236,292 | €1,073,469 | -€162,823 | -13.2% |
| Trade receivables | 40 | €903,559 | €843,807 | -€59,751 | -6.6% |
| Other amounts receivable | 41 | €332,734 | €229,661 | -€103,072 | -31.0% |
| Cash at bank and in hand | 54/58 | €441,795 | €258,530 | -€183,265 | -41.5% |
| Deferred charges and accrued income | 490/1 | €63,034 | €83,841 | +€20,806 | +33.0% |
| Total equity and liabilities | 10/49 | €11,415,378 | €10,487,569 | -€927,808 | -8.1% |
| Equity | 10/15 | €2,052,059 | €1,992,699 | -€59,360 | -2.9% |
| Contributions | 10/11 | €6,860 | €6,860 | = | 0.0% |
| Reserves | 13 | €2,560,912 | €2,601,156 | +€40,244 | +1.6% |
| Non-distributable reserves | 130/1 | €970,000 | €970,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €970,000 | €970,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,590,912 | €1,631,156 | +€40,244 | +2.5% |
| Profit (loss) carried forward | 14 | -€1,488,817 | -€1,488,817 | = | 0.0% |
| Investment grants | 15 | €973,104 | €873,500 | -€99,604 | -10.2% |
| Amounts payable | 17/49 | €9,363,319 | €8,494,871 | -€868,448 | -9.3% |
| Amounts payable after more than one year | 17 | €6,384,365 | €6,018,801 | -€365,564 | -5.7% |
| Financial debts | 170/4 | €6,384,365 | €6,018,801 | -€365,564 | -5.7% |
| Credit institutions | 173 | €6,384,365 | €6,018,801 | -€365,564 | -5.7% |
| Amounts payable within one year | 42/48 | €2,978,800 | €2,453,570 | -€525,230 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €371,525 | €364,326 | -€7,199 | -1.9% |
| Financial debts | 43 | €807,277 | €603,716 | -€203,561 | -25.2% |
| Credit institutions | 430/8 | €807,277 | €603,716 | -€203,561 | -25.2% |
| Trade debts | 44 | €404,748 | €240,355 | -€164,393 | -40.6% |
| Suppliers | 440/4 | €404,748 | €240,355 | -€164,393 | -40.6% |
| Advances received on contracts in progress | 46 | €107,687 | €3,000 | -€104,687 | -97.2% |
| Taxes, remuneration and social security | 45 | €1,026,835 | €789,585 | -€237,250 | -23.1% |
| Taxes | 450/3 | €150,336 | €106,794 | -€43,541 | -29.0% |
| Remuneration and social security | 454/9 | €876,499 | €682,790 | -€193,708 | -22.1% |
| Other amounts payable | 47/48 | €260,729 | €452,588 | +€191,859 | +73.6% |
| Accrued charges and deferred income | 492/3 | €154 | €22,500 | +€22,346 | +14,502% |
| Operating income | 70/76A | €11,568,824 | €10,579,154 | -€989,671 | -8.6% |
| Turnover | 70 | €7,130,470 | €6,440,876 | -€689,594 | -9.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€633 | €22,904 | +€23,537 | |
| Other operating income | 74 | €3,961,654 | €4,011,516 | +€49,862 | +1.3% |
| Non-recurring operating income | 76A | €477,333 | €103,858 | -€373,475 | -78.2% |
| Operating charges | 60/66A | €11,160,757 | €10,446,515 | -€714,242 | -6.4% |
| Goods for resale, raw materials and consumables | 60 | €2,487,190 | €2,031,693 | -€455,497 | -18.3% |
| Purchases | 600/8 | €2,409,165 | €1,961,297 | -€447,868 | -18.6% |
| Change in stocks: decrease (increase) | 609 | €78,025 | €70,396 | -€7,629 | -9.8% |
| Services and other goods | 61 | €1,342,538 | €1,112,026 | -€230,513 | -17.2% |
| Remuneration, social security and pensions | 62 | €6,587,961 | €6,712,644 | +€124,683 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €653,743 | €549,306 | -€104,437 | -16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,787 | €21,238 | -€25,549 | -54.6% |
| Other operating charges | 640/8 | €29,527 | €17,815 | -€11,712 | -39.7% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | €13,011 | €1,794 | -€11,217 | -86.2% |
| Operating profit (loss) | 9901 | €408,067 | €132,639 | -€275,429 | -67.5% |
| Financial income | 75/76B | €97,565 | €100,384 | +€2,818 | +2.9% |
| Recurring financial income | 75 | €97,565 | €100,384 | +€2,818 | +2.9% |
| Income from financial fixed assets | 750 | €0 | €0 | = | |
| Other financial income | 752/9 | €97,565 | €100,384 | +€2,818 | +2.9% |
| Financial charges | 65/66B | €228,702 | €188,061 | -€40,641 | -17.8% |
| Recurring financial charges | 65 | €228,702 | €188,061 | -€40,641 | -17.8% |
| Debt charges | 650 | €211,705 | €184,139 | -€27,566 | -13.0% |
| Other financial charges | 652/9 | €16,997 | €3,922 | -€13,075 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €276,931 | €44,962 | -€231,969 | -83.8% |
| Income taxes | 67/77 | €16,009 | €4,718 | -€11,292 | -70.5% |
| Taxes | 670/3 | €28,000 | €16,000 | -€12,000 | -42.9% |
| Tax adjustments and reversals of tax provisions | 77 | €11,991 | €11,282 | -€708 | -5.9% |
| Profit (loss) for the period | 9904 | €260,922 | €40,244 | -€220,678 | -84.6% |
| Transfer to tax-exempt reserves | 689 | €260,922 | €40,244 | -€220,678 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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 22 October 2026 via checked.be.