EURO CENTRE VD: 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 CENTRE VD
Largest movements
- Receivables within one year +€10,408
up €10,408 (+29.9%), from €34,782 to €45,191
- Other debts +€21,100
up €21,100 (+1,279%), from €1,650 to €22,750
- Reserves -€13,650
down €13,650 (-14.0%), from €97,200 to €83,550
- Tax, wage and social debts +€3,528
new in 2025: €3,528
- Depreciation -€2,652
down €2,652 (-87.7%), from €3,023 to €372
- Taxes +€947
up €947 (+35.5%), from €2,665 to €3,612
- Gross operating margin -€191
down €191 (-1.5%), from €13,095 to €12,904
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 | €121,407 | €132,018 | +€10,611 | +8.7% |
| Fixed assets | 21/28 | €18,660 | €18,288 | -€372 | -2.0% |
| Tangible fixed assets | 22/27 | €17,213 | €16,841 | -€372 | -2.2% |
| Land and buildings | 22 | €14,455 | €14,455 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,758 | €2,386 | -€372 | -13.5% |
| Financial fixed assets | 28 | €1,447 | €1,447 | = | 0.0% |
| Current assets | 29/58 | €102,747 | €113,730 | +€10,983 | +10.7% |
| Amounts receivable within one year | 40/41 | €34,782 | €45,191 | +€10,408 | +29.9% |
| Other amounts receivable | 41 | €34,782 | €45,191 | +€10,408 | +29.9% |
| Cash at bank and in hand | 54/58 | €67,789 | €68,363 | +€574 | +0.8% |
| Deferred charges and accrued income | 490/1 | €176 | €176 | +€1 | +0.4% |
| Total equity and liabilities | 10/49 | €121,407 | €132,018 | +€10,611 | +8.7% |
| Equity | 10/15 | €119,369 | €105,740 | -€13,630 | -11.4% |
| Contributions | 10/11 | €20,452 | €20,452 | = | 0.0% |
| Reserves | 13 | €97,200 | €83,550 | -€13,650 | -14.0% |
| Distributable reserves | 133 | €97,200 | €83,550 | -€13,650 | -14.0% |
| Profit (loss) carried forward | 14 | €1,717 | €1,738 | +€20 | +1.2% |
| Amounts payable | 17/49 | €2,037 | €26,278 | +€24,241 | +1,190% |
| Amounts payable within one year | 42/48 | €2,037 | €26,278 | +€24,241 | +1,190% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | - | €3,528 | +€3,528 | |
| Taxes | 450/3 | - | €3,528 | +€3,528 | |
| Other amounts payable | 47/48 | €1,650 | €22,750 | +€21,100 | +1,279% |
| Non-recurring operating income | 76A | €121 | - | -€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,023 | €372 | -€2,652 | -87.7% |
| Other operating charges | 640/8 | €1,741 | €1,795 | +€54 | +3.1% |
| Gross operating margin | 9900 | €13,095 | €12,904 | -€191 | -1.5% |
| Operating profit (loss) | 9901 | €8,331 | €10,738 | +€2,407 | +28.9% |
| Financial income | 75/76B | €237 | €279 | +€42 | +17.9% |
| Recurring financial income | 75 | €237 | €279 | +€42 | +17.9% |
| Financial charges | 65/66B | €241 | €235 | -€6 | -2.6% |
| Recurring financial charges | 65 | €241 | €235 | -€6 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €8,327 | €10,782 | +€2,455 | +29.5% |
| Income taxes | 67/77 | €2,665 | €3,612 | +€947 | +35.5% |
| Profit (loss) for the period | 9904 | €5,662 | €7,170 | +€1,509 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,662 | €7,170 | +€1,509 | +26.6% |
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 25 October 2026 via checked.be.