EURESO: 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.
EURESO
Largest movements
- Cash -€2,449
down €2,449 (-92.8%), from €2,639 to €189
mainly Other debts (-€8,276) and Trade debts (-€3,869)
- Receivables within one year -€550
down €550 (-1.9%), from €29,343 to €28,793
- Profit (loss) carried forward +€11,397
up €11,397 (+2.6%), from -€437,958 to -€426,561
- Other debts -€8,276
down €8,276 (-8.0%), from €103,159 to €94,883
- Trade debts -€3,869
down €3,869 (-36.8%), from €10,524 to €6,655
- Tax, wage and social debts -€2,251
down €2,251 (-44.8%), from €5,030 to €2,779
- Gross operating margin -€22,602
down €22,602 (-64.7%), from €34,940 to €12,339
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,587 | €35,587 | -€2,999 | -7.8% |
| Fixed assets | 21/28 | €6,606 | €6,606 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,606 | €6,606 | = | 0.0% |
| Land and buildings | 22 | €6,606 | €6,606 | = | 0.0% |
| Current assets | 29/58 | €31,981 | €28,982 | -€2,999 | -9.4% |
| Amounts receivable within one year | 40/41 | €29,343 | €28,793 | -€550 | -1.9% |
| Trade receivables | 40 | €29,343 | €28,793 | -€550 | -1.9% |
| Cash at bank and in hand | 54/58 | €2,639 | €189 | -€2,449 | -92.8% |
| Total equity and liabilities | 10/49 | €38,587 | €35,587 | -€2,999 | -7.8% |
| Equity | 10/15 | -€405,125 | -€393,729 | +€11,397 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,433 | €20,433 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,573 | €18,573 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€437,958 | -€426,561 | +€11,397 | +2.6% |
| Amounts payable | 17/49 | €443,712 | €429,316 | -€14,396 | -3.2% |
| Amounts payable after more than one year | 17 | €325,000 | €325,000 | = | 0.0% |
| Other amounts payable | 178/9 | €325,000 | €325,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €118,712 | €104,316 | -€14,396 | -12.1% |
| Trade debts | 44 | €10,524 | €6,655 | -€3,869 | -36.8% |
| Suppliers | 440/4 | €10,524 | €6,655 | -€3,869 | -36.8% |
| Taxes, remuneration and social security | 45 | €5,030 | €2,779 | -€2,251 | -44.8% |
| Taxes | 450/3 | €5,030 | €2,779 | -€2,251 | -44.8% |
| Other amounts payable | 47/48 | €103,159 | €94,883 | -€8,276 | -8.0% |
| Other operating charges | 640/8 | €769 | €681 | -€88 | -11.4% |
| Gross operating margin | 9900 | €34,940 | €12,339 | -€22,602 | -64.7% |
| Operating profit (loss) | 9901 | €34,171 | €11,657 | -€22,514 | -65.9% |
| Financial charges | 65/66B | €194 | €201 | +€7 | +3.8% |
| Recurring financial charges | 65 | €194 | €201 | +€7 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €33,978 | €11,456 | -€22,521 | -66.3% |
| Income taxes | 67/77 | €273 | €60 | -€213 | -78.0% |
| Profit (loss) for the period | 9904 | €33,705 | €11,397 | -€22,308 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,705 | €11,397 | -€22,308 | -66.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.