EURATEC: 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.
EURATEC
Largest movements
- Receivables within one year +€903,404
up €903,404 (+165%), from €547,394 to €1.5m
of which Trade receivables: +€921,115
- Cash -€310,235
down €310,235 (-92.2%), from €336,559 to €26,324
mainly Debts after one year (-€1.1m) and Receivables within one year (-€903,404)
- Tangible fixed assets +€73,825
up €73,825 (+322%), from €22,935 to €96,760
of which Furniture and vehicles: +€68,358
- Trade debts +€1.4m
up €1.4m (+207%), from €675,348 to €2.1m
- Debts after one year -€1.1m
no longer reported in 2025 (was €1.1m)
- Reserves +€240,000
up €240,000 (+85.7%), from €280,000 to €520,000
- Tax, wage and social debts +€91,898
up €91,898 (+53.2%), from €172,850 to €264,749
of which Taxes: +€94,506
- Staff costs +€106,039
up €106,039 (+35.6%), from €297,952 to €403,991
- Gross operating margin +€64,625
up €64,625 (+8.9%), from €729,032 to €793,656
- Taxes -€10,877
down €10,877 (-8.2%), from €132,513 to €121,636
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 | €2,742,668 | €3,400,882 | +€658,214 | +24.0% |
| Fixed assets | 21/28 | €1,842,535 | €1,916,360 | +€73,825 | +4.0% |
| Tangible fixed assets | 22/27 | €22,935 | €96,760 | +€73,825 | +322% |
| Plant, machinery and equipment | 23 | €5,082 | €11,469 | +€6,387 | +126% |
| Furniture and vehicles | 24 | €15,108 | €83,465 | +€68,358 | +452% |
| Other tangible fixed assets | 26 | €2,745 | €1,825 | -€920 | -33.5% |
| Financial fixed assets | 28 | €1,819,600 | €1,819,600 | = | 0.0% |
| Current assets | 29/58 | €900,133 | €1,484,522 | +€584,389 | +64.9% |
| Amounts receivable within one year | 40/41 | €547,394 | €1,450,798 | +€903,404 | +165% |
| Trade receivables | 40 | €469,477 | €1,390,592 | +€921,115 | +196% |
| Other amounts receivable | 41 | €77,917 | €60,206 | -€17,711 | -22.7% |
| Cash at bank and in hand | 54/58 | €336,559 | €26,324 | -€310,235 | -92.2% |
| Deferred charges and accrued income | 490/1 | €16,180 | €7,400 | -€8,780 | -54.3% |
| Total equity and liabilities | 10/49 | €2,742,668 | €3,400,882 | +€658,214 | +24.0% |
| Equity | 10/15 | €821,182 | €1,065,289 | +€244,107 | +29.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €280,000 | €520,000 | +€240,000 | +85.7% |
| Distributable reserves | 133 | €280,000 | €520,000 | +€240,000 | +85.7% |
| Profit (loss) carried forward | 14 | €521,182 | €525,289 | +€4,107 | +0.8% |
| Amounts payable | 17/49 | €1,921,486 | €2,335,593 | +€414,107 | +21.6% |
| Amounts payable after more than one year | 17 | €1,070,000 | - | -€1.1m | |
| Other amounts payable | 178/9 | €1,070,000 | - | -€1.1m | |
| Amounts payable within one year | 42/48 | €851,486 | €2,335,593 | +€1.5m | +174% |
| Trade debts | 44 | €675,348 | €2,070,844 | +€1.4m | +207% |
| Suppliers | 440/4 | €675,348 | €2,070,844 | +€1.4m | +207% |
| Taxes, remuneration and social security | 45 | €172,850 | €264,749 | +€91,898 | +53.2% |
| Taxes | 450/3 | €133,543 | €228,050 | +€94,506 | +70.8% |
| Remuneration and social security | 454/9 | €39,307 | €36,699 | -€2,608 | -6.6% |
| Other amounts payable | 47/48 | €3,288 | - | -€3,288 | |
| Remuneration, social security and pensions | 62 | €297,952 | €403,991 | +€106,039 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,932 | €14,072 | +€7,139 | +103% |
| Other operating charges | 640/8 | €9,943 | €4,331 | -€5,612 | -56.4% |
| Gross operating margin | 9900 | €729,032 | €793,656 | +€64,625 | +8.9% |
| Operating profit (loss) | 9901 | €414,203 | €371,262 | -€42,941 | -10.4% |
| Financial income | 75/76B | €1,391 | €376 | -€1,014 | -72.9% |
| Recurring financial income | 75 | €1,391 | €376 | -€1,014 | -72.9% |
| Financial charges | 65/66B | €1,200 | €5,895 | +€4,695 | +391% |
| Recurring financial charges | 65 | €1,200 | €5,895 | +€4,695 | +391% |
| Profit (loss) for the period before taxes | 9903 | €414,394 | €365,743 | -€48,651 | -11.7% |
| Income taxes | 67/77 | €132,513 | €121,636 | -€10,877 | -8.2% |
| Profit (loss) for the period | 9904 | €281,881 | €244,107 | -€37,774 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €281,881 | €244,107 | -€37,774 | -13.4% |
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 13 October 2026 via checked.be.