EURESCON: 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.
EURESCON
Largest movements
- Cash -€30,756
down €30,756 (-72.7%), from €42,291 to €11,536
mainly Net result for the year (-€20,664) and Investment in fixed assets (net) (-€7,182)
- Receivables within one year +€6,908
up €6,908 (+65.7%), from €10,517 to €17,425
of which Trade receivables: +€9,833
- Tangible fixed assets +€5,817
up €5,817 (+92.3%), from €6,299 to €12,116
of which Other tangible fixed assets: +€5,223
- Deferred charges and accrued income +€1,525
up €1,525 (+328.0%), from €465 to €1,990
- Profit (loss) carried forward -€20,664
down €20,664 (-64.5%), from -€32,049 to -€52,713
- Other debts +€3,590
new in 2025: €3,590
- Gross operating margin -€41,446
down €41,446, from €22,907 to -€18,539
- Other operating charges -€1,397
down €1,397 (-65.3%), from €2,141 to €743
- Taxes -€538
down €538 (-90.3%), from €596 to €58
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 | €59,573 | €43,066 | -€16,506 | -27.7% |
| Fixed assets | 21/28 | €6,299 | €12,116 | +€5,817 | +92.3% |
| Tangible fixed assets | 22/27 | €6,299 | €12,116 | +€5,817 | +92.3% |
| Plant, machinery and equipment | 23 | €1,306 | €2,015 | +€709 | +54.3% |
| Furniture and vehicles | 24 | €258 | €142 | -€116 | -44.8% |
| Other tangible fixed assets | 26 | €4,735 | €9,959 | +€5,223 | +110.3% |
| Current assets | 29/58 | €53,274 | €30,950 | -€22,323 | -41.9% |
| Amounts receivable within one year | 40/41 | €10,517 | €17,425 | +€6,908 | +65.7% |
| Trade receivables | 40 | €7,207 | €17,040 | +€9,833 | +136.4% |
| Other amounts receivable | 41 | €3,311 | €385 | -€2,925 | -88.4% |
| Cash at bank and in hand | 54/58 | €42,291 | €11,536 | -€30,756 | -72.7% |
| Deferred charges and accrued income | 490/1 | €465 | €1,990 | +€1,525 | +328.0% |
| Total equity and liabilities | 10/49 | €59,573 | €43,066 | -€16,506 | -27.7% |
| Equity | 10/15 | €57,295 | €36,631 | -€20,664 | -36.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,144 | €83,144 | = | 0.0% |
| Distributable reserves | 133 | €83,144 | €83,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,049 | -€52,713 | -€20,664 | -64.5% |
| Amounts payable | 17/49 | €2,277 | €6,435 | +€4,158 | +182.6% |
| Amounts payable within one year | 42/48 | €2,277 | €6,435 | +€4,158 | +182.6% |
| Trade debts | 44 | €2,277 | €2,845 | +€568 | +24.9% |
| Suppliers | 440/4 | €2,277 | €2,845 | +€568 | +24.9% |
| Other amounts payable | 47/48 | - | €3,590 | +€3,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,328 | €1,365 | +€37 | +2.8% |
| Other operating charges | 640/8 | €2,141 | €743 | -€1,397 | -65.3% |
| Gross operating margin | 9900 | €22,907 | -€18,539 | -€41,446 | |
| Operating profit (loss) | 9901 | €19,438 | -€20,647 | -€40,085 | |
| Financial income | 75/76B | €234 | €193 | -€41 | -17.5% |
| Recurring financial income | 75 | €234 | €193 | -€41 | -17.5% |
| Financial charges | 65/66B | €132 | €153 | +€21 | +16.0% |
| Recurring financial charges | 65 | €132 | €153 | +€21 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €19,540 | -€20,607 | -€40,147 | |
| Income taxes | 67/77 | €596 | €58 | -€538 | -90.3% |
| Profit (loss) for the period | 9904 | €18,944 | -€20,664 | -€39,609 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,944 | -€20,664 | -€39,609 |
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 8 October 2026 via checked.be.