EURASIA GEMS: 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 GEMS
Largest movements
- Stocks and contracts -€120,962
down €120,962 (-10.4%), from €1.2m to €1.0m
- Receivables within one year -€84,655
down €84,655 (-3.6%), from €2.3m to €2.2m
of which Trade receivables: -€129,398
- Trade debts +€222,475
up €222,475 (+69.3%), from €321,206 to €543,680
- Profit (loss) carried forward -€205,164
new in 2025: -€205,164
- Accrued charges and deferred income -€122,590
no longer reported in 2025 (was €122,590)
- Debts after one year -€111,736
down €111,736 (-14.7%), from €758,419 to €646,683
- Gross operating margin +€227,852
up €227,852 (+93.3%), from -€244,276 to -€16,424
- Write-downs -€124,496
no longer reported in 2025 (was €124,496)
- Financial charges +€111,850
up €111,850 (+949%), from €11,782 to €123,632
- Other operating charges +€49,802
up €49,802 (+51.8%), from €96,177 to €145,979
- Financial income -€16,531
down €16,531 (-14.6%), from €113,447 to €96,916
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 | €3,541,833 | €3,337,552 | -€204,281 | -5.8% |
| Fixed assets | 21/28 | €42,124 | €40,920 | -€1,204 | -2.9% |
| Tangible fixed assets | 22/27 | €40,307 | €39,103 | -€1,204 | -3.0% |
| Land and buildings | 22 | €40,307 | €39,103 | -€1,204 | -3.0% |
| Financial fixed assets | 28 | €1,817 | €1,817 | = | 0.0% |
| Current assets | 29/58 | €3,499,709 | €3,296,632 | -€203,077 | -5.8% |
| Stocks and contracts in progress | 3 | €1,159,938 | €1,038,976 | -€120,962 | -10.4% |
| Stocks | 30/36 | €1,159,938 | €1,038,976 | -€120,962 | -10.4% |
| Amounts receivable within one year | 40/41 | €2,319,670 | €2,235,015 | -€84,655 | -3.6% |
| Trade receivables | 40 | €2,173,477 | €2,044,078 | -€129,398 | -6.0% |
| Other amounts receivable | 41 | €146,194 | €190,937 | +€44,743 | +30.6% |
| Cash at bank and in hand | 54/58 | €20,101 | €22,640 | +€2,540 | +12.6% |
| Total equity and liabilities | 10/49 | €3,541,833 | €3,337,552 | -€204,281 | -5.8% |
| Equity | 10/15 | €2,288,200 | €2,083,035 | -€205,164 | -9.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,263,410 | €2,263,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €2,260,931 | €2,260,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€205,164 | -€205,164 | |
| Amounts payable | 17/49 | €1,253,633 | €1,254,516 | +€883 | +0.1% |
| Amounts payable after more than one year | 17 | €758,419 | €646,683 | -€111,736 | -14.7% |
| Financial debts | 170/4 | €758,419 | €646,683 | -€111,736 | -14.7% |
| Amounts payable within one year | 42/48 | €372,624 | €607,833 | +€235,210 | +63.1% |
| Current portion of amounts payable after more than one year | 42 | €32,081 | €33,691 | +€1,611 | +5.0% |
| Trade debts | 44 | €321,206 | €543,680 | +€222,475 | +69.3% |
| Suppliers | 440/4 | €321,206 | €543,680 | +€222,475 | +69.3% |
| Taxes, remuneration and social security | 45 | €19,337 | €30,462 | +€11,124 | +57.5% |
| Taxes | 450/3 | €19,337 | €30,462 | +€11,124 | +57.5% |
| Accrued charges and deferred income | 492/3 | €122,590 | - | -€122,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,204 | €1,204 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €124,496 | - | -€124,496 | |
| Other operating charges | 640/8 | €96,177 | €145,979 | +€49,802 | +51.8% |
| Gross operating margin | 9900 | -€244,276 | -€16,424 | +€227,852 | +93.3% |
| Operating profit (loss) | 9901 | -€466,154 | -€163,607 | +€302,547 | +64.9% |
| Financial income | 75/76B | €113,447 | €96,916 | -€16,531 | -14.6% |
| Recurring financial income | 75 | €113,447 | €96,916 | -€16,531 | -14.6% |
| Financial charges | 65/66B | €11,782 | €123,632 | +€111,850 | +949% |
| Recurring financial charges | 65 | €11,782 | €123,632 | +€111,850 | +949% |
| Profit (loss) for the period before taxes | 9903 | -€364,488 | -€190,322 | +€174,166 | +47.8% |
| Income taxes | 67/77 | €14,466 | €14,842 | +€376 | +2.6% |
| Profit (loss) for the period | 9904 | -€378,954 | -€205,164 | +€173,790 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€378,954 | -€205,164 | +€173,790 | +45.9% |
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 30 October 2026 via checked.be.