EURO INTER: 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 INTER
Largest movements
- Tangible fixed assets -€374,200
down €374,200 (-18.3%), from €2.0m to €1.7m
of which Land and buildings: -€350,315
- Receivables within one year +€69,286
up €69,286 (+308.2%), from €22,481 to €91,767
- Financial fixed assets +€47,250
up €47,250 (+576.7%), from €8,193 to €55,443
- Deferred charges and accrued income -€37,185
down €37,185 (-79.2%), from €46,960 to €9,775
- Cash +€30,452
up €30,452 (+13.2%), from €231,192 to €261,643
mainly Depreciation (+€164,527) and Investment in fixed assets (net) (+€162,423)
- Debts after one year -€455,663
down €455,663 (-29.4%), from €1.6m to €1.1m
- Reserves +€218,586
up €218,586 (+112.9%), from €193,607 to €412,193
of which Distributable reserves: +€302,206
- Tax, wage and social debts -€36,037
down €36,037 (-29.6%), from €121,834 to €85,797
of which Taxes: -€33,224
- Provisions +€33,357
new in 2024: €33,357
- Current portion of long-term debt -€31,738
down €31,738 (-15.8%), from €200,718 to €168,980
- Taxes -€54,522
down €54,522 (-72.1%), from €75,593 to €21,071
- Gross operating margin -€35,653
down €35,653 (-8.0%), from €447,509 to €411,856
- Financial charges -€25,198
down €25,198 (-36.1%), from €69,755 to €44,557
- Other operating charges +€6,895
up €6,895 (+27.3%), from €25,300 to €32,195
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,411,870 | €2,159,588 | -€252,282 | -10.5% |
| Fixed assets | 21/28 | €2,056,484 | €1,729,534 | -€326,950 | -15.9% |
| Tangible fixed assets | 22/27 | €2,048,291 | €1,674,091 | -€374,200 | -18.3% |
| Land and buildings | 22 | €1,549,396 | €1,199,081 | -€350,315 | -22.6% |
| Plant, machinery and equipment | 23 | €225,346 | €205,468 | -€19,878 | -8.8% |
| Furniture and vehicles | 24 | €83,577 | €110,312 | +€26,735 | +32.0% |
| Other tangible fixed assets | 26 | €189,971 | €159,230 | -€30,741 | -16.2% |
| Financial fixed assets | 28 | €8,193 | €55,443 | +€47,250 | +576.7% |
| Current assets | 29/58 | €355,386 | €430,054 | +€74,668 | +21.0% |
| Amounts receivable within one year | 40/41 | €22,481 | €91,767 | +€69,286 | +308.2% |
| Trade receivables | 40 | €22,481 | €91,767 | +€69,286 | +308.2% |
| Current investments | 50/53 | €54,754 | €66,869 | +€12,116 | +22.1% |
| Cash at bank and in hand | 54/58 | €231,192 | €261,643 | +€30,452 | +13.2% |
| Deferred charges and accrued income | 490/1 | €46,960 | €9,775 | -€37,185 | -79.2% |
| Total equity and liabilities | 10/49 | €2,411,870 | €2,159,588 | -€252,282 | -10.5% |
| Equity | 10/15 | €468,162 | €686,748 | +€218,586 | +46.7% |
| Contributions | 10/11 | €99,157 | €99,157 | -€0 | 0.0% |
| Capital | 10 | €99,157 | - | -€99,157 | |
| Issued capital | 100 | €99,157 | - | -€99,157 | |
| Reserves | 13 | €193,607 | €412,193 | +€218,586 | +112.9% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | +€0 | 0.0% |
| Legal reserve | 130 | €9,916 | - | -€9,916 | |
| Reserves not available under the articles | 1311 | - | €9,916 | +€9,916 | |
| Tax-exempt reserves | 132 | €183,691 | €100,071 | -€83,620 | -45.5% |
| Distributable reserves | 133 | - | €302,206 | +€302,206 | |
| Profit (loss) carried forward | 14 | €175,398 | €175,398 | -€0 | 0.0% |
| Provisions and deferred taxes | 16 | - | €33,357 | +€33,357 | |
| Deferred taxes | 168 | - | €33,357 | +€33,357 | |
| Amounts payable | 17/49 | €1,943,707 | €1,439,483 | -€504,224 | -25.9% |
| Amounts payable after more than one year | 17 | €1,551,886 | €1,096,223 | -€455,663 | -29.4% |
| Financial debts | 170/4 | €1,551,886 | €1,096,223 | -€455,663 | -29.4% |
| Amounts payable within one year | 42/48 | €391,822 | €343,260 | -€48,562 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €200,718 | €168,980 | -€31,738 | -15.8% |
| Trade debts | 44 | €54,602 | €75,131 | +€20,529 | +37.6% |
| Suppliers | 440/4 | €54,602 | €75,131 | +€20,529 | +37.6% |
| Taxes, remuneration and social security | 45 | €121,834 | €85,797 | -€36,037 | -29.6% |
| Taxes | 450/3 | €111,842 | €78,618 | -€33,224 | -29.7% |
| Remuneration and social security | 454/9 | €9,992 | €7,179 | -€2,813 | -28.2% |
| Other amounts payable | 47/48 | €14,667 | €13,352 | -€1,315 | -9.0% |
| Remuneration, social security and pensions | 62 | €36,388 | €34,456 | -€1,932 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,331 | €164,527 | +€4,196 | +2.6% |
| Other operating charges | 640/8 | €25,300 | €32,195 | +€6,895 | +27.3% |
| Gross operating margin | 9900 | €447,509 | €411,856 | -€35,653 | -8.0% |
| Operating profit (loss) | 9901 | €225,490 | €180,678 | -€44,812 | -19.9% |
| Financial income | 75/76B | €1,550 | €3,368 | +€1,818 | +117.3% |
| Recurring financial income | 75 | €1,550 | €3,368 | +€1,818 | +117.3% |
| Financial charges | 65/66B | €69,755 | €44,557 | -€25,198 | -36.1% |
| Recurring financial charges | 65 | €69,755 | €44,557 | -€25,198 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €157,284 | €139,489 | -€17,795 | -11.3% |
| Transfer from deferred taxes | 780 | - | €24 | +€24 | |
| Income taxes | 67/77 | €75,593 | €21,071 | -€54,522 | -72.1% |
| Profit (loss) for the period | 9904 | €81,691 | €118,442 | +€36,751 | +45.0% |
| Transfer from tax-exempt reserves | 789 | - | €73 | +€73 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,691 | €118,515 | +€36,824 | +45.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.