EURINSTAL: 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.
EURINSTAL
Largest movements
- Tangible fixed assets -€12,085
down €12,085 (-19.0%), from €63,486 to €51,401
of which Furniture and vehicles: -€10,789
- Stocks and contracts +€11,830
up €11,830 (+25.1%), from €47,120 to €58,950
- Deferred charges and accrued income -€4,683
down €4,683 (-18.6%), from €25,183 to €20,500
- Cash -€3,332
down €3,332 (-100%), from €3,332 to €0
mainly Debts after one year (-€18,961) and Trade debts (-€14,956)
- Receivables within one year -€2,290
down €2,290 (-3.6%), from €63,526 to €61,236
of which Trade receivables: -€6,771
- Profit (loss) carried forward +€26,981
up €26,981, from -€16,121 to €10,859
- Debts after one year -€18,961
down €18,961 (-42.6%), from €44,549 to €25,588
- Trade debts -€14,956
down €14,956 (-31.9%), from €46,856 to €31,900
- Short-term financial debts -€10,706
down €10,706 (-83.7%), from €12,792 to €2,087
- Tax, wage and social debts +€6,906
up €6,906 (+23.7%), from €29,146 to €36,052
of which Remuneration and social security: +€4,308
- Gross operating margin +€59,578
up €59,578 (+56.7%), from €104,992 to €164,569
- Staff costs +€8,229
up €8,229 (+7.7%), from €107,497 to €115,726
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 | €202,647 | €192,087 | -€10,560 | -5.2% |
| Fixed assets | 21/28 | €63,486 | €51,401 | -€12,085 | -19.0% |
| Tangible fixed assets | 22/27 | €63,486 | €51,401 | -€12,085 | -19.0% |
| Land and buildings | 22 | €33,299 | €30,749 | -€2,550 | -7.7% |
| Plant, machinery and equipment | 23 | €4,122 | €5,376 | +€1,254 | +30.4% |
| Furniture and vehicles | 24 | €26,065 | €15,276 | -€10,789 | -41.4% |
| Current assets | 29/58 | €139,161 | €140,686 | +€1,525 | +1.1% |
| Stocks and contracts in progress | 3 | €47,120 | €58,950 | +€11,830 | +25.1% |
| Stocks | 30/36 | €47,120 | €58,950 | +€11,830 | +25.1% |
| Amounts receivable within one year | 40/41 | €63,526 | €61,236 | -€2,290 | -3.6% |
| Trade receivables | 40 | €27,412 | €20,640 | -€6,771 | -24.7% |
| Other amounts receivable | 41 | €36,115 | €40,596 | +€4,481 | +12.4% |
| Cash at bank and in hand | 54/58 | €3,332 | €0 | -€3,332 | -100% |
| Deferred charges and accrued income | 490/1 | €25,183 | €20,500 | -€4,683 | -18.6% |
| Total equity and liabilities | 10/49 | €202,647 | €192,087 | -€10,560 | -5.2% |
| Equity | 10/15 | -€3,337 | €23,643 | +€26,981 | |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Contributions outside capital | 11 | €6,205 | €6,205 | = | 0.0% |
| Other | 1109/19 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €6,579 | €6,579 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,719 | €4,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,121 | €10,859 | +€26,981 | |
| Amounts payable | 17/49 | €205,984 | €168,443 | -€37,541 | -18.2% |
| Amounts payable after more than one year | 17 | €44,549 | €25,588 | -€18,961 | -42.6% |
| Financial debts | 170/4 | €44,549 | €25,588 | -€18,961 | -42.6% |
| Amounts payable within one year | 42/48 | €161,435 | €142,856 | -€18,579 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €13,848 | €18,961 | +€5,113 | +36.9% |
| Financial debts | 43 | €12,792 | €2,087 | -€10,706 | -83.7% |
| Credit institutions | 430/8 | €12,792 | €2,087 | -€10,706 | -83.7% |
| Trade debts | 44 | €46,856 | €31,900 | -€14,956 | -31.9% |
| Suppliers | 440/4 | €46,856 | €31,900 | -€14,956 | -31.9% |
| Taxes, remuneration and social security | 45 | €29,146 | €36,052 | +€6,906 | +23.7% |
| Taxes | 450/3 | €0 | €2,597 | +€2,597 | +3,246,375% |
| Remuneration and social security | 454/9 | €29,146 | €33,455 | +€4,308 | +14.8% |
| Other amounts payable | 47/48 | €58,793 | €53,856 | -€4,937 | -8.4% |
| Remuneration, social security and pensions | 62 | €107,497 | €115,726 | +€8,229 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,225 | €16,718 | +€493 | +3.0% |
| Other operating charges | 640/8 | €678 | €989 | +€311 | +45.9% |
| Gross operating margin | 9900 | €104,992 | €164,569 | +€59,578 | +56.7% |
| Operating profit (loss) | 9901 | -€19,409 | €31,136 | +€50,545 | |
| Financial income | 75/76B | €108 | €306 | +€198 | +183% |
| Recurring financial income | 75 | €108 | €306 | +€198 | +183% |
| Financial charges | 65/66B | €2,472 | €2,301 | -€172 | -6.9% |
| Recurring financial charges | 65 | €2,472 | €2,301 | -€172 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,773 | €29,141 | +€50,914 | |
| Income taxes | 67/77 | €1,219 | €2,161 | +€942 | +77.3% |
| Profit (loss) for the period | 9904 | -€22,992 | €26,981 | +€49,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,992 | €26,981 | +€49,972 |
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 27 October 2026 via checked.be.