EURAMEC: 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.
EURAMEC
Largest movements
- Receivables within one year +€830,988
up €830,988 (+153%), from €542,919 to €1.4m
of which Trade receivables: +€790,392
- Cash -€447,551
down €447,551 (-76.1%), from €588,036 to €140,485
mainly Receivables within one year (-€830,988) and Investment in fixed assets (net) (-€307,714)
- Tangible fixed assets -€98,368
down €98,368 (-23.3%), from €422,860 to €324,492
of which Plant, machinery and equipment: -€94,970
- Intangible fixed assets -€94,517
down €94,517 (-8.2%), from €1.1m to €1.1m
- Debts after one year +€484,141
up €484,141 (+148%), from €326,793 to €810,934
of which Financial debts: +€639,141
- Short-term financial debts -€243,670
down €243,670 (-41.0%), from €595,000 to €351,330
- Other debts -€162,445
down €162,445 (-87.5%), from €185,684 to €23,239
- Reserves +€152,927
up €152,927 (+2,447%), from €6,250 to €159,177
of which Distributable reserves: +€152,927
- Profit (loss) carried forward -€90,897
down €90,897 (-100%), from €90,897 to €0
- Gross operating margin +€334,979
up €334,979 (+62.3%), from €537,612 to €872,591
- Depreciation +€117,434
up €117,434 (+29.7%), from €394,968 to €512,402
- Staff costs +€70,080
up €70,080 (+40.7%), from €172,043 to €242,123
- Financial charges +€12,587
up €12,587 (+28.4%), from €44,328 to €56,915
of which Financial charges: +€9,412
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 | €3,192,768 | €3,386,412 | +€193,644 | +6.1% |
| Fixed assets | 21/28 | €1,589,594 | €1,384,906 | -€204,687 | -12.9% |
| Intangible fixed assets | 21 | €1,147,831 | €1,053,314 | -€94,517 | -8.2% |
| Tangible fixed assets | 22/27 | €422,860 | €324,492 | -€98,368 | -23.3% |
| Plant, machinery and equipment | 23 | €405,042 | €310,073 | -€94,970 | -23.4% |
| Furniture and vehicles | 24 | €17,818 | €14,420 | -€3,398 | -19.1% |
| Financial fixed assets | 28 | €18,903 | €7,100 | -€11,803 | -62.4% |
| Current assets | 29/58 | €1,603,174 | €2,001,505 | +€398,331 | +24.8% |
| Amounts receivable after more than one year | 29 | €3,650 | €0 | -€3,650 | -100% |
| Trade receivables | 290 | €3,650 | €0 | -€3,650 | -100% |
| Stocks and contracts in progress | 3 | €467,750 | €482,933 | +€15,183 | +3.2% |
| Stocks | 30/36 | €467,750 | €482,933 | +€15,183 | +3.2% |
| Amounts receivable within one year | 40/41 | €542,919 | €1,373,907 | +€830,988 | +153% |
| Trade receivables | 40 | €416,151 | €1,206,544 | +€790,392 | +190% |
| Other amounts receivable | 41 | €126,768 | €167,364 | +€40,596 | +32.0% |
| Cash at bank and in hand | 54/58 | €588,036 | €140,485 | -€447,551 | -76.1% |
| Deferred charges and accrued income | 490/1 | €819 | €4,180 | +€3,362 | +411% |
| Total equity and liabilities | 10/49 | €3,192,768 | €3,386,412 | +€193,644 | +6.1% |
| Equity | 10/15 | €1,579,639 | €1,641,669 | +€62,030 | +3.9% |
| Contributions | 10/11 | €812,500 | €812,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €159,177 | +€152,927 | +2,447% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €6,250 | €159,177 | +€152,927 | +2,447% |
| Profit (loss) carried forward | 14 | €90,897 | €0 | -€90,897 | -100% |
| Investment grants | 15 | €669,992 | €669,992 | = | 0.0% |
| Amounts payable | 17/49 | €1,613,129 | €1,744,743 | +€131,614 | +8.2% |
| Amounts payable after more than one year | 17 | €326,793 | €810,934 | +€484,141 | +148% |
| Financial debts | 170/4 | €171,793 | €810,934 | +€639,141 | +372% |
| Other amounts payable | 178/9 | €155,000 | €0 | -€155,000 | -100% |
| Amounts payable within one year | 42/48 | €1,286,336 | €933,688 | -€352,648 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €43,674 | €70,190 | +€26,516 | +60.7% |
| Financial debts | 43 | €595,000 | €351,330 | -€243,670 | -41.0% |
| Credit institutions | 430/8 | €595,000 | €351,330 | -€243,670 | -41.0% |
| Trade debts | 44 | €414,973 | €425,697 | +€10,724 | +2.6% |
| Suppliers | 440/4 | €414,973 | €425,697 | +€10,724 | +2.6% |
| Taxes, remuneration and social security | 45 | €47,005 | €63,232 | +€16,227 | +34.5% |
| Taxes | 450/3 | €6,891 | €7,690 | +€799 | +11.6% |
| Remuneration and social security | 454/9 | €40,114 | €55,542 | +€15,428 | +38.5% |
| Other amounts payable | 47/48 | €185,684 | €23,239 | -€162,445 | -87.5% |
| Accrued charges and deferred income | 492/3 | €0 | €122 | +€122 | |
| Remuneration, social security and pensions | 62 | €172,043 | €242,123 | +€70,080 | +40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394,968 | €512,402 | +€117,434 | +29.7% |
| Other operating charges | 640/8 | €2,291 | €8,782 | +€6,491 | +283% |
| Gross operating margin | 9900 | €537,612 | €872,591 | +€334,979 | +62.3% |
| Operating profit (loss) | 9901 | -€31,689 | €109,284 | +€140,974 | |
| Financial income | 75/76B | €4,683 | €9,805 | +€5,122 | +109% |
| Recurring financial income | 75 | €4,683 | €9,805 | +€5,122 | +109% |
| Financial charges | 65/66B | €44,328 | €56,915 | +€12,587 | +28.4% |
| Recurring financial charges | 65 | €44,328 | €53,740 | +€9,412 | +21.2% |
| Non-recurring financial charges | 66B | - | €3,175 | +€3,175 | |
| Profit (loss) for the period before taxes | 9903 | -€71,335 | €62,174 | +€133,509 | |
| Income taxes | 67/77 | €132 | €144 | +€13 | +9.6% |
| Profit (loss) for the period | 9904 | -€71,467 | €62,030 | +€133,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,467 | €62,030 | +€133,496 |
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 19 October 2026 via checked.be.