EUREHA: 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.
EUREHA
Largest movements
- Intangible fixed assets -€12,500
down €12,500 (-100.0%), from €12,500 to €0
- Receivables within one year +€5,554
up €5,554 (+165.0%), from €3,365 to €8,918
of which Other amounts receivable: +€4,997
- Tangible fixed assets +€3,219
up €3,219 (+8.3%), from €38,721 to €41,939
of which Other tangible fixed assets: +€11,736
- Cash -€2,741
down €2,741 (-18.7%), from €14,692 to €11,951
mainly Investment in fixed assets (net) (-€13,709) and Contributions, distributions and other (-€13,163)
- Other debts -€5,635
down €5,635 (-9.5%), from €59,249 to €53,614
- Tax, wage and social debts -€1,941
down €1,941 (-38.4%), from €5,048 to €3,107
- Short-term financial debts +€841
new in 2025: €841
- Gross operating margin -€17,372
down €17,372 (-29.3%), from €59,228 to €41,856
- Taxes -€5,997
down €5,997 (-54.7%), from €10,973 to €4,976
- Depreciation +€1,349
up €1,349 (+6.2%), from €21,641 to €22,990
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 | €70,186 | €63,815 | -€6,371 | -9.1% |
| Fixed assets | 21/28 | €51,221 | €41,939 | -€9,281 | -18.1% |
| Intangible fixed assets | 21 | €12,500 | €0 | -€12,500 | -100.0% |
| Tangible fixed assets | 22/27 | €38,721 | €41,939 | +€3,219 | +8.3% |
| Plant, machinery and equipment | 23 | €9,108 | €8,197 | -€911 | -10.0% |
| Furniture and vehicles | 24 | €20,272 | €12,666 | -€7,606 | -37.5% |
| Other tangible fixed assets | 26 | €9,340 | €21,076 | +€11,736 | +125.6% |
| Current assets | 29/58 | €18,965 | €21,876 | +€2,910 | +15.3% |
| Amounts receivable within one year | 40/41 | €3,365 | €8,918 | +€5,554 | +165.0% |
| Trade receivables | 40 | €1,338 | €1,894 | +€557 | +41.6% |
| Other amounts receivable | 41 | €2,027 | €7,024 | +€4,997 | +246.5% |
| Cash at bank and in hand | 54/58 | €14,692 | €11,951 | -€2,741 | -18.7% |
| Deferred charges and accrued income | 490/1 | €909 | €1,006 | +€98 | +10.7% |
| Total equity and liabilities | 10/49 | €70,186 | €63,815 | -€6,371 | -9.1% |
| Equity | 10/15 | €3,600 | €3,600 | = | 0.0% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Amounts payable | 17/49 | €66,586 | €60,215 | -€6,371 | -9.6% |
| Amounts payable within one year | 42/48 | €66,586 | €60,215 | -€6,371 | -9.6% |
| Financial debts | 43 | - | €841 | +€841 | |
| Credit institutions | 430/8 | - | €841 | +€841 | |
| Trade debts | 44 | €2,289 | €2,654 | +€365 | +15.9% |
| Suppliers | 440/4 | €2,289 | €2,654 | +€365 | +15.9% |
| Taxes, remuneration and social security | 45 | €5,048 | €3,107 | -€1,941 | -38.4% |
| Taxes | 450/3 | €5,048 | €3,107 | -€1,941 | -38.4% |
| Other amounts payable | 47/48 | €59,249 | €53,614 | -€5,635 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,641 | €22,990 | +€1,349 | +6.2% |
| Other operating charges | 640/8 | €340 | €574 | +€234 | +68.7% |
| Gross operating margin | 9900 | €59,228 | €41,856 | -€17,372 | -29.3% |
| Operating profit (loss) | 9901 | €37,247 | €18,292 | -€18,955 | -50.9% |
| Financial income | 75/76B | €0 | €4 | +€4 | +40200.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +40200.0% |
| Financial charges | 65/66B | €172 | €156 | -€16 | -9.4% |
| Recurring financial charges | 65 | €172 | €156 | -€16 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €37,075 | €18,139 | -€18,935 | -51.1% |
| Income taxes | 67/77 | €10,973 | €4,976 | -€5,997 | -54.7% |
| Profit (loss) for the period | 9904 | €26,102 | €13,163 | -€12,938 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,102 | €13,163 | -€12,938 | -49.6% |
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 3 October 2026 via checked.be.