EUREGIO SECURE: 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.
EUREGIO SECURE
Largest movements
- Cash +€97,682
up €97,682 (+76.5%), from €127,665 to €225,347
mainly Depreciation (+€62,315) and Net result for the year (+€49,766)
- Tangible fixed assets -€53,805
down €53,805 (-6.3%), from €859,728 to €805,923
of which Furniture and vehicles: -€35,104
- Reserves +€62,166
up €62,166 (+11.5%), from €542,691 to €604,857
of which Distributable reserves: +€167,676
- Debts after one year -€14,736
down €14,736 (-31.5%), from €46,854 to €32,118
- Contributions -€12,400
no longer reported in 2024 (was €12,400)
- Gross operating margin -€33,859
down €33,859 (-17.1%), from €198,207 to €164,348
- Taxes -€15,630
down €15,630 (-38.8%), from €40,301 to €24,671
- Depreciation +€11,488
up €11,488 (+22.6%), from €50,827 to €62,315
- Financial charges -€7,065
down €7,065 (-78.0%), from €9,059 to €1,994
of which Non-recurring financial charges: -€8,454
- Financial income -€6,139
down €6,139 (-96.1%), from €6,389 to €250
of which Non-recurring financial income: -€6,329
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,093,516 | €1,125,334 | +€31,818 | +2.9% |
| Fixed assets | 21/28 | €859,778 | €806,215 | -€53,563 | -6.2% |
| Tangible fixed assets | 22/27 | €859,728 | €805,923 | -€53,805 | -6.3% |
| Land and buildings | 22 | €737,194 | €719,664 | -€17,530 | -2.4% |
| Plant, machinery and equipment | 23 | €3,647 | €2,476 | -€1,171 | -32.1% |
| Furniture and vehicles | 24 | €118,887 | €83,783 | -€35,104 | -29.5% |
| Financial fixed assets | 28 | €50 | €292 | +€242 | +484.1% |
| Current assets | 29/58 | €233,738 | €319,119 | +€85,381 | +36.5% |
| Stocks and contracts in progress | 3 | €6,038 | €3,833 | -€2,205 | -36.5% |
| Stocks | 30/36 | €6,038 | €3,833 | -€2,205 | -36.5% |
| Amounts receivable within one year | 40/41 | €95,388 | €86,757 | -€8,630 | -9.0% |
| Trade receivables | 40 | €56,781 | €37,989 | -€18,791 | -33.1% |
| Other amounts receivable | 41 | €38,607 | €48,768 | +€10,161 | +26.3% |
| Cash at bank and in hand | 54/58 | €127,665 | €225,347 | +€97,682 | +76.5% |
| Deferred charges and accrued income | 490/1 | €4,647 | €3,182 | -€1,465 | -31.5% |
| Total equity and liabilities | 10/49 | €1,093,516 | €1,125,334 | +€31,818 | +2.9% |
| Equity | 10/15 | €994,885 | €1,044,651 | +€49,766 | +5.0% |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €542,691 | €604,857 | +€62,166 | +11.5% |
| Non-distributable reserves | 130/1 | €11,760 | - | -€11,760 | |
| Legal reserve | 130 | €11,760 | - | -€11,760 | |
| Tax-exempt reserves | 132 | €93,750 | - | -€93,750 | |
| Distributable reserves | 133 | €437,181 | €604,857 | +€167,676 | +38.4% |
| Profit (loss) carried forward | 14 | €439,794 | €439,794 | = | 0.0% |
| Amounts payable | 17/49 | €98,631 | €80,683 | -€17,948 | -18.2% |
| Amounts payable after more than one year | 17 | €46,854 | €32,118 | -€14,736 | -31.5% |
| Financial debts | 170/4 | €46,854 | €32,118 | -€14,736 | -31.5% |
| Amounts payable within one year | 42/48 | €51,258 | €48,074 | -€3,183 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €14,365 | €14,736 | +€371 | +2.6% |
| Trade debts | 44 | €2,730 | €2,442 | -€288 | -10.5% |
| Suppliers | 440/4 | €2,730 | €2,442 | -€288 | -10.5% |
| Taxes, remuneration and social security | 45 | €31,807 | €27,861 | -€3,946 | -12.4% |
| Taxes | 450/3 | €26,475 | €21,267 | -€5,208 | -19.7% |
| Remuneration and social security | 454/9 | €5,332 | €6,594 | +€1,262 | +23.7% |
| Other amounts payable | 47/48 | €2,356 | €3,036 | +€680 | +28.8% |
| Accrued charges and deferred income | 492/3 | €519 | €491 | -€29 | -5.5% |
| Remuneration, social security and pensions | 62 | €23,234 | €22,558 | -€675 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,827 | €62,315 | +€11,488 | +22.6% |
| Other operating charges | 640/8 | €4,866 | €3,294 | -€1,572 | -32.3% |
| Gross operating margin | 9900 | €198,207 | €164,348 | -€33,859 | -17.1% |
| Operating profit (loss) | 9901 | €119,281 | €76,181 | -€43,100 | -36.1% |
| Financial income | 75/76B | €6,389 | €250 | -€6,139 | -96.1% |
| Recurring financial income | 75 | €60 | €250 | +€190 | +316.3% |
| Non-recurring financial income | 76B | €6,329 | - | -€6,329 | |
| Financial charges | 65/66B | €9,059 | €1,994 | -€7,065 | -78.0% |
| Recurring financial charges | 65 | €605 | €1,994 | +€1,389 | +229.5% |
| Non-recurring financial charges | 66B | €8,454 | - | -€8,454 | |
| Profit (loss) for the period before taxes | 9903 | €116,611 | €74,437 | -€42,174 | -36.2% |
| Income taxes | 67/77 | €40,301 | €24,671 | -€15,630 | -38.8% |
| Profit (loss) for the period | 9904 | €76,310 | €49,766 | -€26,544 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,310 | €49,766 | -€26,544 | -34.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.