EUREKA-CONCEPT: what changed
Two financial 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.
EUREKA-CONCEPT
Largest movements
- Cash +€220,361
up €220,361 (+292%), from €75,527 to €295,887
mainly Net result for the year (+€189,527) and Other debts (+€186,242)
- Stocks and contracts +€29,758
up €29,758 (+31.9%), from €93,241 to €122,999
- Receivables within one year -€16,479
down €16,479 (-35.8%), from €45,982 to €29,503
of which Trade receivables: -€9,179
- Other debts +€186,242
up €186,242 (+1,212%), from €15,361 to €201,603
- Tax, wage and social debts +€128,950
up €128,950 (+536%), from €24,060 to €153,010
of which Taxes: +€128,533
- Profit (loss) carried forward -€77,725
no longer reported in 2025 (was €77,725)
- Debts after one year -€5,851
down €5,851 (-35.1%), from €16,689 to €10,838
- Gross operating margin +€223,145
up €223,145 (+98.7%), from €226,153 to €449,298
- Taxes +€46,382
up €46,382 (+381%), from €12,162 to €58,544
- Staff costs +€12,246
up €12,246 (+7.6%), from €160,244 to €172,490
- Financial charges +€7,353
up €7,353 (+212%), from €3,477 to €10,830
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.
Derived cash bridge
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 | €271,056 | €506,162 | +€235,106 | +86.7% |
| Fixed assets | 21/28 | €54,411 | €55,752 | +€1,341 | +2.5% |
| Intangible fixed assets | 21 | €17,421 | €14,378 | -€3,043 | -17.5% |
| Tangible fixed assets | 22/27 | €36,811 | €41,194 | +€4,384 | +11.9% |
| Land and buildings | 22 | €69 | €34 | -€34 | -50.1% |
| Plant, machinery and equipment | 23 | €8,779 | €8,926 | +€147 | +1.7% |
| Furniture and vehicles | 24 | €27,963 | €32,234 | +€4,271 | +15.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €216,645 | €450,410 | +€233,765 | +108% |
| Stocks and contracts in progress | 3 | €93,241 | €122,999 | +€29,758 | +31.9% |
| Stocks | 30/36 | €93,241 | €122,999 | +€29,758 | +31.9% |
| Amounts receivable within one year | 40/41 | €45,982 | €29,503 | -€16,479 | -35.8% |
| Trade receivables | 40 | €31,425 | €22,246 | -€9,179 | -29.2% |
| Other amounts receivable | 41 | €14,557 | €7,257 | -€7,300 | -50.1% |
| Cash at bank and in hand | 54/58 | €75,527 | €295,887 | +€220,361 | +292% |
| Deferred charges and accrued income | 490/1 | €1,896 | €2,021 | +€125 | +6.6% |
| Total equity and liabilities | 10/49 | €271,056 | €506,162 | +€235,106 | +86.7% |
| Equity | 10/15 | €138,103 | €58,518 | -€79,585 | -57.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,778 | €39,918 | -€1,860 | -4.5% |
| Tax-exempt reserves | 132 | €6,626 | €6,626 | = | 0.0% |
| Distributable reserves | 133 | €35,153 | €33,293 | -€1,860 | -5.3% |
| Profit (loss) carried forward | 14 | €77,725 | - | -€77,725 | |
| Amounts payable | 17/49 | €132,953 | €447,644 | +€314,690 | +237% |
| Amounts payable after more than one year | 17 | €16,689 | €10,838 | -€5,851 | -35.1% |
| Financial debts | 170/4 | €16,689 | €10,838 | -€5,851 | -35.1% |
| Amounts payable within one year | 42/48 | €116,264 | €436,805 | +€320,541 | +276% |
| Current portion of amounts payable after more than one year | 42 | €5,614 | €5,851 | +€237 | +4.2% |
| Financial debts | 43 | - | €692 | +€692 | |
| Credit institutions | 430/8 | - | €692 | +€692 | |
| Trade debts | 44 | €66,340 | €70,650 | +€4,310 | +6.5% |
| Suppliers | 440/4 | €66,340 | €70,650 | +€4,310 | +6.5% |
| Advances received on contracts in progress | 46 | €4,890 | €5,000 | +€110 | +2.2% |
| Taxes, remuneration and social security | 45 | €24,060 | €153,010 | +€128,950 | +536% |
| Taxes | 450/3 | €8,759 | €137,292 | +€128,533 | +1,467% |
| Remuneration and social security | 454/9 | €15,301 | €15,718 | +€417 | +2.7% |
| Other amounts payable | 47/48 | €15,361 | €201,603 | +€186,242 | +1,212% |
| Remuneration, social security and pensions | 62 | €160,244 | €172,490 | +€12,246 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,420 | €17,504 | +€1,084 | +6.6% |
| Other operating charges | 640/8 | €796 | €601 | -€194 | -24.4% |
| Gross operating margin | 9900 | €226,153 | €449,298 | +€223,145 | +98.7% |
| Operating profit (loss) | 9901 | €48,694 | €258,703 | +€210,009 | +431% |
| Financial income | 75/76B | €237 | €197 | -€40 | -16.8% |
| Recurring financial income | 75 | €237 | €197 | -€40 | -16.8% |
| Financial charges | 65/66B | €3,477 | €10,830 | +€7,353 | +212% |
| Recurring financial charges | 65 | €3,477 | €10,830 | +€7,353 | +212% |
| Profit (loss) for the period before taxes | 9903 | €45,454 | €248,071 | +€202,616 | +446% |
| Income taxes | 67/77 | €12,162 | €58,544 | +€46,382 | +381% |
| Profit (loss) for the period | 9904 | €33,293 | €189,527 | +€156,234 | +469% |
| Profit (loss) for the period to be appropriated | 9905 | €33,293 | €189,527 | +€156,234 | +469% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.