EURINVESCO: 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.
EURINVESCO
Largest movements
- Cash +€158,362
up €158,362 (+3,005%), from €5,271 to €163,633
mainly Other debts (+€238,923) and Net result for the year (+€149,205)
- Intangible fixed assets -€117,152
down €117,152 (-14.3%), from €820,308 to €703,156
- Receivables within one year -€40,732
down €40,732 (-37.8%), from €107,714 to €66,982
of which Trade receivables: -€55,386
- Current portion of long-term debt -€274,728
down €274,728 (-53.9%), from €510,000 to €235,272
- Other debts +€238,923
up €238,923 (+3,712%), from €6,437 to €245,360
- Trade debts +€97,418
up €97,418 (+2,040%), from €4,775 to €102,193
- Profit (loss) carried forward -€50,795
down €50,795 (-83.7%), from €60,706 to €9,911
- Gross operating margin +€236,214
up €236,214 (+216%), from €109,595 to €345,809
- Depreciation +€92,796
up €92,796 (+313%), from €29,692 to €122,488
- Taxes +€31,979
up €31,979 (+174%), from €18,367 to €50,346
- Financial charges +€16,746
up €16,746 (+258%), from €6,482 to €23,228
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 | €933,293 | €933,956 | +€663 | +0.1% |
| Fixed assets | 21/28 | €820,308 | €703,156 | -€117,152 | -14.3% |
| Intangible fixed assets | 21 | €820,308 | €703,156 | -€117,152 | -14.3% |
| Current assets | 29/58 | €112,985 | €230,800 | +€117,815 | +104% |
| Amounts receivable within one year | 40/41 | €107,714 | €66,982 | -€40,732 | -37.8% |
| Trade receivables | 40 | €104,081 | €48,695 | -€55,386 | -53.2% |
| Other amounts receivable | 41 | €3,633 | €18,287 | +€14,654 | +403% |
| Cash at bank and in hand | 54/58 | €5,271 | €163,633 | +€158,362 | +3,005% |
| Deferred charges and accrued income | 490/1 | - | €185 | +€185 | |
| Total equity and liabilities | 10/49 | €933,293 | €933,956 | +€663 | +0.1% |
| Equity | 10/15 | €65,706 | €14,911 | -€50,795 | -77.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,706 | €9,911 | -€50,795 | -83.7% |
| Amounts payable | 17/49 | €867,587 | €919,045 | +€51,458 | +5.9% |
| Amounts payable after more than one year | 17 | €340,000 | €336,048 | -€3,952 | -1.2% |
| Financial debts | 170/4 | - | €336,048 | +€336,048 | |
| Other amounts payable | 178/9 | €340,000 | €0 | -€340,000 | -100% |
| Amounts payable within one year | 42/48 | €521,212 | €582,997 | +€61,785 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €510,000 | €235,272 | -€274,728 | -53.9% |
| Trade debts | 44 | €4,775 | €102,193 | +€97,418 | +2,040% |
| Suppliers | 440/4 | €4,775 | €102,193 | +€97,418 | +2,040% |
| Taxes, remuneration and social security | 45 | €0 | €172 | +€172 | |
| Taxes | 450/3 | €0 | €172 | +€172 | |
| Other amounts payable | 47/48 | €6,437 | €245,360 | +€238,923 | +3,712% |
| Accrued charges and deferred income | 492/3 | €6,375 | €0 | -€6,375 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,692 | €122,488 | +€92,796 | +313% |
| Other operating charges | 640/8 | €513 | €812 | +€299 | +58.3% |
| Gross operating margin | 9900 | €109,595 | €345,809 | +€236,214 | +216% |
| Operating profit (loss) | 9901 | €79,390 | €222,510 | +€143,119 | +180% |
| Financial income | 75/76B | - | €269 | +€269 | |
| Recurring financial income | 75 | - | €269 | +€269 | |
| Financial charges | 65/66B | €6,482 | €23,228 | +€16,746 | +258% |
| Recurring financial charges | 65 | €6,482 | €23,228 | +€16,746 | +258% |
| Profit (loss) for the period before taxes | 9903 | €72,908 | €199,551 | +€126,642 | +174% |
| Income taxes | 67/77 | €18,367 | €50,346 | +€31,979 | +174% |
| Profit (loss) for the period | 9904 | €54,541 | €149,205 | +€94,664 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €54,541 | €149,205 | +€94,664 | +174% |
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 1 November 2026 via checked.be.