EUREKA: what changed
What changed
EUREKA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€133,482
2024 · €70,681+€62,801
Equity
€1.1m
2024 · €1.0m+€133,482
Cash
€5,971
2024 · €4,062+€1,909
Balance sheet total
€3.1m
2024 · €3.1m-€77,157
Largest movements
Assets
- Tangible fixed assets -€66,015
down €66,015 (-2.3%), from €2.9m to €2.8m
of which Land and buildings: -€64,618
Equity and liabilities
- Reserves +€133,482
up €133,482 (+37.8%), from €353,386 to €486,868
of which Distributable reserves: +€128,582
- Other debts -€92,810
down €92,810 (-20.0%), from €463,217 to €370,407
- Trade debts -€85,314
down €85,314 (-94.7%), from €90,063 to €4,749
Income statement
- Gross operating margin +€71,242
up €71,242 (+24.9%), from €285,883 to €357,125
- Taxes +€11,173
up €11,173 (+41.6%), from €26,875 to €38,048
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€70,681
Gross operating margin
+€71,242
Depreciation
+€309
Other operating charges
+€3,276
Financial income
-€0
Financial charges
-€853
Taxes
-€11,173
Result 2025
€133,482
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€93,946
Investment
-€75,686
Financing
-€16,351
Cash 2024
€4,062
From operations (derived)
+€93,946
Net result for the year
+€133,482
Depreciation
+€141,701
Receivables within one year
+€12,657
Deferred charges and accrued income
+€395
Provisions
-€3,129
Trade debts
-€85,314
Tax, wage and social debts
-€13,035
Other debts
-€92,810
Investment (derived)
-€75,686
Investment in fixed assets (net)
-€75,686
Financing
-€16,351
Debts after one year
-€18,569
Current portion of long-term debt
+€2,217
Cash 2025
€5,971
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,130,591 | €3,053,434 | -€77,157 | -2.5% |
| Fixed assets | 21/28 | €2,892,758 | €2,826,743 | -€66,015 | -2.3% |
| Tangible fixed assets | 22/27 | €2,892,758 | €2,826,743 | -€66,015 | -2.3% |
| Land and buildings | 22 | €2,886,135 | €2,821,517 | -€64,618 | -2.2% |
| Furniture and vehicles | 24 | €5,323 | €4,793 | -€530 | -10.0% |
| Other tangible fixed assets | 26 | €1,300 | €433 | -€866 | -66.7% |
| Current assets | 29/58 | €237,833 | €226,691 | -€11,142 | -4.7% |
| Amounts receivable within one year | 40/41 | €229,732 | €217,076 | -€12,657 | -5.5% |
| Trade receivables | 40 | €229,700 | €213,660 | -€16,040 | -7.0% |
| Other amounts receivable | 41 | €32 | €3,415 | +€3,383 | +10,513% |
| Cash at bank and in hand | 54/58 | €4,062 | €5,971 | +€1,909 | +47.0% |
| Deferred charges and accrued income | 490/1 | €4,039 | €3,644 | -€395 | -9.8% |
| Total equity and liabilities | 10/49 | €3,130,591 | €3,053,434 | -€77,157 | -2.5% |
| Equity | 10/15 | €1,003,386 | €1,136,868 | +€133,482 | +13.3% |
| Contributions | 10/11 | €650,000 | €650,000 | = | 0.0% |
| Capital | 10 | €650,000 | €650,000 | = | 0.0% |
| Issued capital | 100 | €650,000 | €650,000 | = | 0.0% |
| Reserves | 13 | €353,386 | €486,868 | +€133,482 | +37.8% |
| Non-distributable reserves | 130/1 | €32,307 | €46,594 | +€14,287 | +44.2% |
| Legal reserve | 130 | €32,307 | €46,594 | +€14,287 | +44.2% |
| Tax-exempt reserves | 132 | €81,556 | €72,170 | -€9,387 | -11.5% |
| Distributable reserves | 133 | €239,523 | €368,104 | +€128,582 | +53.7% |
| Provisions and deferred taxes | 16 | €27,185 | €24,057 | -€3,129 | -11.5% |
| Deferred taxes | 168 | €27,185 | €24,057 | -€3,129 | -11.5% |
| Amounts payable | 17/49 | €2,100,019 | €1,892,508 | -€207,511 | -9.9% |
| Amounts payable after more than one year | 17 | €1,339,528 | €1,320,959 | -€18,569 | -1.4% |
| Financial debts | 170/4 | €1,339,528 | €1,320,959 | -€18,569 | -1.4% |
| Amounts payable within one year | 42/48 | €760,491 | €571,549 | -€188,942 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €104,914 | €107,131 | +€2,217 | +2.1% |
| Trade debts | 44 | €90,063 | €4,749 | -€85,314 | -94.7% |
| Suppliers | 440/4 | €90,063 | €4,749 | -€85,314 | -94.7% |
| Taxes, remuneration and social security | 45 | €102,297 | €89,261 | -€13,035 | -12.7% |
| Taxes | 450/3 | €99,447 | €89,261 | -€10,185 | -10.2% |
| Remuneration and social security | 454/9 | €2,850 | - | -€2,850 | |
| Other amounts payable | 47/48 | €463,217 | €370,407 | -€92,810 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,010 | €141,701 | -€309 | -0.2% |
| Other operating charges | 640/8 | €28,608 | €25,332 | -€3,276 | -11.5% |
| Gross operating margin | 9900 | €285,883 | €357,125 | +€71,242 | +24.9% |
| Operating profit (loss) | 9901 | €115,266 | €190,093 | +€74,827 | +64.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €20,839 | €21,692 | +€853 | +4.1% |
| Recurring financial charges | 65 | €20,839 | €21,692 | +€853 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €94,427 | €168,401 | +€73,974 | +78.3% |
| Transfer from deferred taxes | 780 | €3,129 | €3,129 | = | 0.0% |
| Income taxes | 67/77 | €26,875 | €38,048 | +€11,173 | +41.6% |
| Profit (loss) for the period | 9904 | €70,681 | €133,482 | +€62,801 | +88.9% |
| Transfer from tax-exempt reserves | 789 | €9,387 | €9,387 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,067 | €142,869 | +€62,801 | +78.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.