EURECO: 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.
EURECO
Largest movements
- Receivables after one year -€11,704
down €11,704 (-39.0%), from €30,000 to €18,296
- Cash +€9,494
up €9,494 (+7.3%), from €130,327 to €139,822
mainly Receivables after one year (+€11,704) and Receivables within one year (+€9,142)
- Receivables within one year -€9,142
down €9,142 (-78.6%), from €11,632 to €2,490
of which Other amounts receivable: -€9,142
- Profit (loss) carried forward -€12,472
down €12,472 (-8.7%), from -€143,181 to -€155,652
- Gross operating margin +€1,394
up €1,394 (+14.1%), from -€9,886 to -€8,492
- Financial income -€173
down €173 (-17.5%), from €989 to €816
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 | €190,205 | €178,550 | -€11,655 | -6.1% |
| Fixed assets | 21/28 | €17,569 | €17,394 | -€175 | -1.0% |
| Tangible fixed assets | 22/27 | €17,569 | €17,394 | -€175 | -1.0% |
| Land and buildings | 22 | €17,569 | €17,394 | -€175 | -1.0% |
| Current assets | 29/58 | €172,636 | €161,157 | -€11,480 | -6.6% |
| Amounts receivable after more than one year | 29 | €30,000 | €18,296 | -€11,704 | -39.0% |
| Other amounts receivable | 291 | €30,000 | €18,296 | -€11,704 | -39.0% |
| Amounts receivable within one year | 40/41 | €11,632 | €2,490 | -€9,142 | -78.6% |
| Trade receivables | 40 | €2,160 | €2,160 | = | 0.0% |
| Other amounts receivable | 41 | €9,472 | €330 | -€9,142 | -96.5% |
| Cash at bank and in hand | 54/58 | €130,327 | €139,822 | +€9,494 | +7.3% |
| Deferred charges and accrued income | 490/1 | €677 | €549 | -€128 | -19.0% |
| Total equity and liabilities | 10/49 | €190,205 | €178,550 | -€11,655 | -6.1% |
| Equity | 10/15 | €123,266 | €110,794 | -€12,472 | -10.1% |
| Contributions | 10/11 | €110,730 | €110,730 | = | 0.0% |
| Capital | 10 | €110,730 | €110,730 | = | 0.0% |
| Issued capital | 100 | €110,730 | €110,730 | = | 0.0% |
| Reserves | 13 | €155,717 | €155,717 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,073 | €11,073 | = | 0.0% |
| Legal reserve | 130 | €11,073 | €11,073 | = | 0.0% |
| Distributable reserves | 133 | €144,644 | €144,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,181 | -€155,652 | -€12,472 | -8.7% |
| Amounts payable | 17/49 | €66,939 | €67,756 | +€817 | +1.2% |
| Amounts payable after more than one year | 17 | €4,468 | €3,718 | -€750 | -16.8% |
| Other amounts payable | 178/9 | €4,468 | €3,718 | -€750 | -16.8% |
| Amounts payable within one year | 42/48 | €60,271 | €61,748 | +€1,477 | +2.5% |
| Trade debts | 44 | - | €211 | +€211 | |
| Suppliers | 440/4 | - | €211 | +€211 | |
| Taxes, remuneration and social security | 45 | €527 | €538 | +€11 | +2.1% |
| Taxes | 450/3 | €527 | €538 | +€11 | +2.1% |
| Other amounts payable | 47/48 | €59,744 | €60,999 | +€1,255 | +2.1% |
| Accrued charges and deferred income | 492/3 | €2,200 | €2,290 | +€90 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €175 | = | 0.0% |
| Other operating charges | 640/8 | €2,594 | €2,590 | -€4 | -0.2% |
| Gross operating margin | 9900 | -€9,886 | -€8,492 | +€1,394 | +14.1% |
| Operating profit (loss) | 9901 | -€12,655 | -€11,257 | +€1,398 | +11.0% |
| Financial income | 75/76B | €989 | €816 | -€173 | -17.5% |
| Recurring financial income | 75 | €989 | €816 | -€173 | -17.5% |
| Financial charges | 65/66B | €2,009 | €2,030 | +€21 | +1.0% |
| Recurring financial charges | 65 | €2,009 | €2,030 | +€21 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,676 | -€12,472 | +€1,204 | +8.8% |
| Profit (loss) for the period | 9904 | -€13,676 | -€12,472 | +€1,204 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,676 | -€12,472 | +€1,204 | +8.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.