EURECA STYLE: what changed
Two fiscal 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.
EURECA STYLE
Largest movements
- Tangible fixed assets -€6,960
down €6,960 (-11.1%), from €62,642 to €55,682
- Cash +€2,657
up €2,657 (+5.5%), from €47,869 to €50,526
mainly Depreciation (+€6,960) and Net result for the year (+€1,362)
- Deferred charges and accrued income +€1,130
new in 2025: €1,130
- Debts after one year -€6,139
down €6,139 (-11.3%), from €54,525 to €48,386
- Profit (loss) carried forward +€1,362
up €1,362 (+142.2%), from €958 to €2,320
- Taxes -€695
down €695 (-68.6%), from €1,013 to €318
- Financial charges +€631
up €631 (+28.7%), from €2,199 to €2,831
- Other operating charges -€502
down €502 (-27.2%), from €1,845 to €1,343
- Gross operating margin -€160
down €160 (-1.3%), from €12,691 to €12,531
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 | €110,511 | €107,338 | -€3,173 | -2.9% |
| Fixed assets | 21/28 | €62,642 | €55,682 | -€6,960 | -11.1% |
| Tangible fixed assets | 22/27 | €62,642 | €55,682 | -€6,960 | -11.1% |
| Land and buildings | 22 | €62,642 | €55,682 | -€6,960 | -11.1% |
| Current assets | 29/58 | €47,869 | €51,656 | +€3,787 | +7.9% |
| Cash at bank and in hand | 54/58 | €47,869 | €50,526 | +€2,657 | +5.5% |
| Deferred charges and accrued income | 490/1 | - | €1,130 | +€1,130 | |
| Total equity and liabilities | 10/49 | €110,511 | €107,338 | -€3,173 | -2.9% |
| Equity | 10/15 | €28,201 | €29,562 | +€1,362 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,643 | €8,643 | = | 0.0% |
| Distributable reserves | 133 | €8,643 | €8,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | €958 | €2,320 | +€1,362 | +142.2% |
| Amounts payable | 17/49 | €82,311 | €77,776 | -€4,535 | -5.5% |
| Amounts payable after more than one year | 17 | €54,525 | €48,386 | -€6,139 | -11.3% |
| Financial debts | 170/4 | €54,525 | €48,386 | -€6,139 | -11.3% |
| Amounts payable within one year | 42/48 | €27,785 | €29,389 | +€1,604 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €6,017 | €6,730 | +€713 | +11.9% |
| Trade debts | 44 | - | €658 | +€658 | |
| Suppliers | 440/4 | - | €658 | +€658 | |
| Taxes, remuneration and social security | 45 | €453 | €686 | +€233 | +51.5% |
| Taxes | 450/3 | €453 | - | -€453 | |
| Remuneration and social security | 454/9 | - | €686 | +€686 | |
| Other amounts payable | 47/48 | €21,315 | €21,315 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,960 | €6,960 | = | 0.0% |
| Other operating charges | 640/8 | €1,845 | €1,343 | -€502 | -27.2% |
| Gross operating margin | 9900 | €12,691 | €12,531 | -€160 | -1.3% |
| Operating profit (loss) | 9901 | €3,886 | €4,228 | +€342 | +8.8% |
| Financial income | 75/76B | €252 | €283 | +€31 | +12.2% |
| Recurring financial income | 75 | €252 | €283 | +€31 | +12.2% |
| Financial charges | 65/66B | €2,199 | €2,831 | +€631 | +28.7% |
| Recurring financial charges | 65 | €2,199 | €2,831 | +€631 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €1,939 | €1,680 | -€259 | -13.3% |
| Income taxes | 67/77 | €1,013 | €318 | -€695 | -68.6% |
| Profit (loss) for the period | 9904 | €926 | €1,362 | +€436 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €926 | €1,362 | +€436 | +47.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.