Euro Born: 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.
Euro Born
Largest movements
- Cash -€78,124
down €78,124 (-81.8%), from €95,510 to €17,386
mainly Trade debts (-€50,432) and Receivables within one year (-€43,882)
- Receivables within one year +€43,882
up €43,882 (+2.2%), from €2.0m to €2.1m
of which Trade receivables: +€45,306
- Stocks and contracts -€31,181
down €31,181 (-100%), from €31,181 to €0
- Trade debts -€50,432
down €50,432 (-99.2%), from €50,835 to €402
- Gross operating margin +€8,058
up €8,058, from -€5,428 to €2,630
- Financial income -€1,756
down €1,756 (-20.9%), from €8,407 to €6,651
- Taxes -€364
down €364 (-48.0%), from €759 to €395
- Other operating charges +€303
up €303 (+38.2%), from €794 to €1,098
- Financial charges -€141
down €141 (-20.0%), from €706 to €565
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 | €2,723,410 | €2,657,466 | -€65,943 | -2.4% |
| Fixed assets | 21/28 | €520 | €0 | -€520 | -100% |
| Financial fixed assets | 28 | €520 | €0 | -€520 | -100% |
| Current assets | 29/58 | €2,722,890 | €2,657,466 | -€65,423 | -2.4% |
| Amounts receivable after more than one year | 29 | €175,000 | €175,000 | = | 0.0% |
| Trade receivables | 290 | €175,000 | €175,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €31,181 | €0 | -€31,181 | -100% |
| Stocks | 30/36 | €31,181 | €0 | -€31,181 | -100% |
| Amounts receivable within one year | 40/41 | €2,021,199 | €2,065,081 | +€43,882 | +2.2% |
| Trade receivables | 40 | €2,018,570 | €2,063,876 | +€45,306 | +2.2% |
| Other amounts receivable | 41 | €2,629 | €1,205 | -€1,424 | -54.2% |
| Current investments | 50/53 | €400,000 | €400,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €95,510 | €17,386 | -€78,124 | -81.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,723,410 | €2,657,466 | -€65,943 | -2.4% |
| Equity | 10/15 | €131,323 | €138,547 | +€7,223 | +5.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €69,323 | €76,547 | +€7,223 | +10.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €63,123 | €70,347 | +€7,223 | +11.4% |
| Amounts payable | 17/49 | €2,592,087 | €2,518,920 | -€73,167 | -2.8% |
| Amounts payable within one year | 42/48 | €2,592,087 | €2,518,920 | -€73,167 | -2.8% |
| Trade debts | 44 | €50,835 | €402 | -€50,432 | -99.2% |
| Suppliers | 440/4 | €50,835 | €402 | -€50,432 | -99.2% |
| Taxes, remuneration and social security | 45 | €705 | €734 | +€29 | +4.1% |
| Taxes | 450/3 | €705 | €734 | +€29 | +4.1% |
| Other amounts payable | 47/48 | €2,540,547 | €2,517,784 | -€22,763 | -0.9% |
| Other operating charges | 640/8 | €794 | €1,098 | +€303 | +38.2% |
| Gross operating margin | 9900 | -€5,428 | €2,630 | +€8,058 | |
| Operating profit (loss) | 9901 | -€6,222 | €1,533 | +€7,755 | |
| Financial income | 75/76B | €8,407 | €6,651 | -€1,756 | -20.9% |
| Recurring financial income | 75 | €8,407 | €6,651 | -€1,756 | -20.9% |
| Financial charges | 65/66B | €706 | €565 | -€141 | -20.0% |
| Recurring financial charges | 65 | €706 | €565 | -€141 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €1,479 | €7,619 | +€6,140 | +415% |
| Income taxes | 67/77 | €759 | €395 | -€364 | -48.0% |
| Profit (loss) for the period | 9904 | €719 | €7,223 | +€6,504 | +904% |
| Profit (loss) for the period to be appropriated | 9905 | €719 | €7,223 | +€6,504 | +904% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.