EUREKA EXPERT: 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 EXPERT
Largest movements
- Cash +€150,185
up €150,185 (+126%), from €118,800 to €268,985
mainly Current investments (+€100,000) and Receivables within one year (+€62,738)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year -€62,738
down €62,738 (-26.2%), from €239,729 to €176,991
of which Other amounts receivable: -€53,482
- Intangible fixed assets -€12,386
no longer reported in 2025 (was €12,386)
- Other debts -€44,349
down €44,349 (-19.9%), from €222,804 to €178,455
- Profit (loss) carried forward +€39,597
up €39,597 (+35.1%), from €112,843 to €152,441
- Trade debts -€14,996
down €14,996 (-56.9%), from €26,376 to €11,381
- Tax, wage and social debts -€5,420
down €5,420 (-61.2%), from €8,854 to €3,434
of which Taxes: -€6,279
- Gross operating margin -€42,554
down €42,554 (-40.8%), from €104,190 to €61,636
- Depreciation -€9,144
down €9,144 (-35.3%), from €25,910 to €16,766
- Staff costs +€5,635
new in 2025: €5,635
- Financial income +€1,094
up €1,094 (+183%), from €598 to €1,692
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 | €500,510 | €473,069 | -€27,441 | -5.5% |
| Fixed assets | 21/28 | €30,878 | €14,111 | -€16,766 | -54.3% |
| Intangible fixed assets | 21 | €12,386 | - | -€12,386 | |
| Tangible fixed assets | 22/27 | €18,492 | €14,111 | -€4,380 | -23.7% |
| Furniture and vehicles | 24 | €18,492 | €14,111 | -€4,380 | -23.7% |
| Current assets | 29/58 | €469,632 | €458,958 | -€10,675 | -2.3% |
| Stocks and contracts in progress | 3 | €1,711 | €3,668 | +€1,958 | +114% |
| Stocks | 30/36 | €1,711 | €3,668 | +€1,958 | +114% |
| Amounts receivable within one year | 40/41 | €239,729 | €176,991 | -€62,738 | -26.2% |
| Trade receivables | 40 | €19,186 | €9,930 | -€9,256 | -48.2% |
| Other amounts receivable | 41 | €220,543 | €167,061 | -€53,482 | -24.3% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €118,800 | €268,985 | +€150,185 | +126% |
| Deferred charges and accrued income | 490/1 | €9,393 | €9,313 | -€79 | -0.8% |
| Total equity and liabilities | 10/49 | €500,510 | €473,069 | -€27,441 | -5.5% |
| Equity | 10/15 | €193,633 | €233,231 | +€39,597 | +20.4% |
| Contributions | 10/11 | €78,900 | €78,900 | = | 0.0% |
| Reserves | 13 | €1,890 | €1,890 | = | 0.0% |
| Distributable reserves | 133 | €1,890 | €1,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,843 | €152,441 | +€39,597 | +35.1% |
| Amounts payable | 17/49 | €306,877 | €239,838 | -€67,039 | -21.8% |
| Amounts payable within one year | 42/48 | €266,835 | €200,692 | -€66,143 | -24.8% |
| Trade debts | 44 | €26,376 | €11,381 | -€14,996 | -56.9% |
| Suppliers | 440/4 | €26,376 | €11,381 | -€14,996 | -56.9% |
| Advances received on contracts in progress | 46 | €8,800 | €7,422 | -€1,378 | -15.7% |
| Taxes, remuneration and social security | 45 | €8,854 | €3,434 | -€5,420 | -61.2% |
| Taxes | 450/3 | €8,854 | €2,576 | -€6,279 | -70.9% |
| Remuneration and social security | 454/9 | - | €858 | +€858 | |
| Other amounts payable | 47/48 | €222,804 | €178,455 | -€44,349 | -19.9% |
| Accrued charges and deferred income | 492/3 | €40,042 | €39,146 | -€896 | -2.2% |
| Non-recurring operating income | 76A | €7,190 | - | -€7,190 | |
| Remuneration, social security and pensions | 62 | - | €5,635 | +€5,635 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,910 | €16,766 | -€9,144 | -35.3% |
| Other operating charges | 640/8 | €927 | €603 | -€324 | -35.0% |
| Gross operating margin | 9900 | €104,190 | €61,636 | -€42,554 | -40.8% |
| Operating profit (loss) | 9901 | €77,352 | €38,632 | -€38,720 | -50.1% |
| Financial income | 75/76B | €598 | €1,692 | +€1,094 | +183% |
| Recurring financial income | 75 | €598 | €1,692 | +€1,094 | +183% |
| Financial charges | 65/66B | €355 | €405 | +€50 | +14.1% |
| Recurring financial charges | 65 | €355 | €405 | +€50 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €77,595 | €39,919 | -€37,676 | -48.6% |
| Income taxes | 67/77 | €315 | €322 | +€7 | +2.1% |
| Profit (loss) for the period | 9904 | €77,280 | €39,597 | -€37,683 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,280 | €39,597 | -€37,683 | -48.8% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.