EURASIA FOCUS: 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.
EURASIA FOCUS
Largest movements
- Receivables within one year +€10,715
up €10,715 (+1117.3%), from €959 to €11,674
of which Other amounts receivable: +€9,877
- Cash -€9,617
down €9,617 (-37.7%), from €25,486 to €15,869
mainly Receivables within one year (-€10,715) and Investment in fixed assets (net) (-€6,184)
- Tangible fixed assets +€5,357
up €5,357 (+341.9%), from €1,567 to €6,924
of which Plant, machinery and equipment: +€3,034
- Tax, wage and social debts +€7,923
up €7,923 (+142.4%), from €5,563 to €13,486
of which Remuneration and social security: +€10,161
- Profit (loss) carried forward -€3,723
down €3,723 (-1163.4%), from -€320 to -€4,043
- Trade debts +€2,255
up €2,255 (+28.8%), from €7,826 to €10,081
- Gross operating margin -€6,601
down €6,601 (-8.5%), from €77,772 to €71,171
- Staff costs -€1,516
down €1,516 (-2.1%), from €73,474 to €71,958
- Other operating charges +€1,207
up €1,207 (+282.7%), from €427 to €1,634
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.
Cash bridge derived
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 | €36,426 | €42,881 | +€6,455 | +17.7% |
| Fixed assets | 21/28 | €2,242 | €7,599 | +€5,357 | +238.9% |
| Tangible fixed assets | 22/27 | €1,567 | €6,924 | +€5,357 | +341.9% |
| Plant, machinery and equipment | 23 | €755 | €3,789 | +€3,034 | +401.9% |
| Furniture and vehicles | 24 | €812 | €3,135 | +€2,323 | +286.1% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €34,184 | €35,282 | +€1,098 | +3.2% |
| Stocks and contracts in progress | 3 | €7,541 | €7,541 | = | 0.0% |
| Stocks | 30/36 | €7,541 | €7,541 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €959 | €11,674 | +€10,715 | +1117.3% |
| Trade receivables | 40 | - | €838 | +€838 | |
| Other amounts receivable | 41 | €959 | €10,836 | +€9,877 | +1029.9% |
| Cash at bank and in hand | 54/58 | €25,486 | €15,869 | -€9,617 | -37.7% |
| Deferred charges and accrued income | 490/1 | €198 | €198 | = | 0.0% |
| Total equity and liabilities | 10/49 | €36,426 | €42,881 | +€6,455 | +17.7% |
| Equity | 10/15 | €23,037 | €19,314 | -€3,723 | -16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €4,757 | €4,757 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,897 | €2,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€320 | -€4,043 | -€3,723 | -1163.4% |
| Amounts payable | 17/49 | €13,389 | €23,567 | +€10,178 | +76.0% |
| Amounts payable within one year | 42/48 | €13,389 | €23,567 | +€10,178 | +76.0% |
| Trade debts | 44 | €7,826 | €10,081 | +€2,255 | +28.8% |
| Suppliers | 440/4 | €7,826 | €10,081 | +€2,255 | +28.8% |
| Taxes, remuneration and social security | 45 | €5,563 | €13,486 | +€7,923 | +142.4% |
| Taxes | 450/3 | €5,048 | €2,810 | -€2,238 | -44.3% |
| Remuneration and social security | 454/9 | €515 | €10,676 | +€10,161 | +1973.0% |
| Remuneration, social security and pensions | 62 | €73,474 | €71,958 | -€1,516 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €827 | +€166 | +25.1% |
| Other operating charges | 640/8 | €427 | €1,634 | +€1,207 | +282.7% |
| Gross operating margin | 9900 | €77,772 | €71,171 | -€6,601 | -8.5% |
| Operating profit (loss) | 9901 | €3,210 | -€3,248 | -€6,458 | |
| Financial charges | 65/66B | €479 | €475 | -€4 | -0.8% |
| Recurring financial charges | 65 | €479 | €475 | -€4 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €2,731 | -€3,723 | -€6,454 | |
| Profit (loss) for the period | 9904 | €2,731 | -€3,723 | -€6,454 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,731 | -€3,723 | -€6,454 |
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 12 October 2026 via checked.be.