EURO-FITTING MANAGEMENT: 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.
What changed
EURO-FITTING MANAGEMENT
NACE 73.200, Market research and public opinion polling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€93,868
2024 · €75,000+€18,868
Equity
€1.7m
2024 · €1.6m+€93,868
Cash
€1.2m
2024 · €1.6m-€404,140
Balance sheet total
€4.4m
2024 · €3.8m+€612,414
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+52.1%), from €2.0m to €3.0m
of which Trade receivables: +€1.1m
- Cash -€404,140
down €404,140 (-25.7%), from €1.6m to €1.2m
mainly Receivables within one year (-€1.0m) and Investment in fixed assets (net) (-€40,147)
Equity and liabilities
- Trade debts +€285,675
up €285,675 (+18.3%), from €1.6m to €1.8m
- Tax, wage and social debts +€224,667
up €224,667 (+37.5%), from €599,762 to €824,429
of which Remuneration and social security: +€258,554
- Profit (loss) carried forward +€93,868
up €93,868 (+6.1%), from €1.5m to €1.6m
Income statement
- Other operating income +€585,454
up €585,454 (+9.8%), from €6.0m to €6.6m
- Other operating charges +€506,139
up €506,139 (+8.4%), from €6.1m to €6.6m
- Turnover +€382,056
up €382,056 (+7.9%), from €4.8m to €5.2m
- Services and other goods +€295,202
up €295,202 (+19.1%), from €1.5m to €1.8m
- Staff costs +€108,123
up €108,123 (+3.7%), from €2.9m to €3.0m
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.
Result 2024
€75,000
Turnover
+€382,056
Other operating income
+€585,454
Services and other goods
-€295,202
Staff costs
-€108,123
Depreciation
+€65,484
Other operating charges
-€506,139
Other operating items
-€9,337
Financial income
+€626
Financial charges
-€88,622
Taxes
-€7,329
Result 2025
€93,868
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€363,993
Investment
-€40,147
Financing
€0
Cash 2024
€1.6m
From operations (derived)
-€363,993
Net result for the year
+€93,868
Depreciation
+€73,315
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€32,385
Trade debts
+€285,675
Tax, wage and social debts
+€224,667
Accrued charges and deferred income
+€8,204
Investment (derived)
-€40,147
Investment in fixed assets (net)
-€40,147
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,772,284 | €4,384,698 | +€612,414 | +16.2% |
| Fixed assets | 21/28 | €170,700 | €137,532 | -€33,168 | -19.4% |
| Intangible fixed assets | 21 | €48,268 | €24,651 | -€23,617 | -48.9% |
| Tangible fixed assets | 22/27 | €75,413 | €65,862 | -€9,551 | -12.7% |
| Plant, machinery and equipment | 23 | €911 | €539 | -€372 | -40.8% |
| Furniture and vehicles | 24 | €42,047 | €29,867 | -€12,180 | -29.0% |
| Other tangible fixed assets | 26 | €32,455 | €1,456 | -€30,999 | -95.5% |
| Assets under construction and advance payments | 27 | - | €34,000 | +€34,000 | |
| Financial fixed assets | 28 | €47,019 | €47,019 | = | 0.0% |
| Affiliated companies | 280/1 | €45,880 | €45,880 | = | 0.0% |
| Participating interests | 280 | €45,880 | €45,880 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,139 | €1,139 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,139 | €1,139 | = | 0.0% |
| Current assets | 29/58 | €3,601,584 | €4,247,166 | +€645,582 | +17.9% |
| Amounts receivable within one year | 40/41 | €1,954,036 | €2,971,373 | +€1.0m | +52.1% |
| Trade receivables | 40 | €1,628,104 | €2,734,635 | +€1.1m | +68.0% |
| Other amounts receivable | 41 | €325,932 | €236,738 | -€89,194 | -27.4% |
| Cash at bank and in hand | 54/58 | €1,570,600 | €1,166,460 | -€404,140 | -25.7% |
| Deferred charges and accrued income | 490/1 | €76,948 | €109,333 | +€32,385 | +42.1% |
| Total equity and liabilities | 10/49 | €3,772,284 | €4,384,698 | +€612,414 | +16.2% |
| Equity | 10/15 | €1,609,983 | €1,703,851 | +€93,868 | +5.8% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,541,783 | €1,635,651 | +€93,868 | +6.1% |
| Amounts payable | 17/49 | €2,162,301 | €2,680,847 | +€518,546 | +24.0% |
| Amounts payable within one year | 42/48 | €2,162,301 | €2,672,643 | +€510,342 | +23.6% |
| Trade debts | 44 | €1,562,539 | €1,848,214 | +€285,675 | +18.3% |
| Suppliers | 440/4 | €1,562,539 | €1,848,214 | +€285,675 | +18.3% |
| Taxes, remuneration and social security | 45 | €599,762 | €824,429 | +€224,667 | +37.5% |
| Taxes | 450/3 | €85,724 | €51,837 | -€33,887 | -39.5% |
| Remuneration and social security | 454/9 | €514,038 | €772,592 | +€258,554 | +50.3% |
| Accrued charges and deferred income | 492/3 | - | €8,204 | +€8,204 | |
| Operating income | 70/76A | €10,782,470 | €11,749,980 | +€967,510 | +9.0% |
| Turnover | 70 | €4,815,468 | €5,197,524 | +€382,056 | +7.9% |
| Other operating income | 74 | €5,967,002 | €6,552,456 | +€585,454 | +9.8% |
| Operating charges | 60/66A | €10,617,905 | €11,471,222 | +€853,317 | +8.0% |
| Services and other goods | 61 | €1,544,386 | €1,839,588 | +€295,202 | +19.1% |
| Remuneration, social security and pensions | 62 | €2,883,692 | €2,991,815 | +€108,123 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,799 | €73,315 | -€65,484 | -47.2% |
| Other operating charges | 640/8 | €6,051,028 | €6,557,167 | +€506,139 | +8.4% |
| Non-recurring operating charges | 66A | - | €9,337 | +€9,337 | |
| Operating profit (loss) | 9901 | €164,565 | €278,758 | +€114,193 | +69.4% |
| Financial income | 75/76B | €18 | €644 | +€626 | +3,478% |
| Recurring financial income | 75 | €18 | €644 | +€626 | +3,478% |
| Other financial income | 752/9 | €18 | €644 | +€626 | +3,478% |
| Financial charges | 65/66B | €48,083 | €136,705 | +€88,622 | +184% |
| Recurring financial charges | 65 | €48,083 | €136,705 | +€88,622 | +184% |
| Debt charges | 650 | €42,521 | €78,439 | +€35,918 | +84.5% |
| Other financial charges | 652/9 | €5,562 | €58,266 | +€52,704 | +948% |
| Profit (loss) for the period before taxes | 9903 | €116,500 | €142,697 | +€26,197 | +22.5% |
| Income taxes | 67/77 | €41,500 | €48,829 | +€7,329 | +17.7% |
| Taxes | 670/3 | €56,131 | €53,120 | -€3,011 | -5.4% |
| Tax adjustments and reversals of tax provisions | 77 | €14,631 | €4,291 | -€10,340 | -70.7% |
| Profit (loss) for the period | 9904 | €75,000 | €93,868 | +€18,868 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,000 | €93,868 | +€18,868 | +25.2% |
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.