EURO MANAGE: what changed
EURO MANAGE
Largest movements
- Receivables within one year -€48,249
down €48,249 (-82.7%), from €58,345 to €10,096
of which Trade receivables: -€38,700
- Cash +€7,625
up €7,625 (+1,162%), from €656 to €8,281
mainly Receivables within one year (+€48,249) and Tax, wage and social debts (+€8,006)
- Other debts -€46,827
down €46,827 (-82.6%), from €56,682 to €9,855
- Tax, wage and social debts +€8,006
up €8,006 (+3,398%), from €236 to €8,242
of which Taxes: +€8,006
- Profit (loss) carried forward -€1,413
down €1,413 (-314%), from -€450 to -€1,863
- Gross operating margin -€10,745
down €10,745, from €10,489 to -€257
- Staff costs -€8,905
down €8,905 (-98.5%), from €9,041 to €136
- Other operating charges -€676
down €676 (-48.7%), from €1,386 to €711
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,001 | €18,377 | -€40,624 | -68.9% |
| Current assets | 29/58 | €59,001 | €18,377 | -€40,624 | -68.9% |
| Amounts receivable within one year | 40/41 | €58,345 | €10,096 | -€48,249 | -82.7% |
| Trade receivables | 40 | €38,700 | €0 | -€38,700 | -100% |
| Other amounts receivable | 41 | €19,645 | €10,096 | -€9,549 | -48.6% |
| Cash at bank and in hand | 54/58 | €656 | €8,281 | +€7,625 | +1,162% |
| Total equity and liabilities | 10/49 | €59,001 | €18,377 | -€40,624 | -68.9% |
| Equity | 10/15 | €1,550 | €137 | -€1,413 | -91.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | -€450 | -€1,863 | -€1,413 | -314% |
| Amounts payable | 17/49 | €57,451 | €18,240 | -€39,211 | -68.3% |
| Amounts payable within one year | 42/48 | €57,451 | €18,240 | -€39,211 | -68.3% |
| Trade debts | 44 | €533 | €143 | -€390 | -73.2% |
| Suppliers | 440/4 | €533 | €143 | -€390 | -73.2% |
| Taxes, remuneration and social security | 45 | €236 | €8,242 | +€8,006 | +3,398% |
| Taxes | 450/3 | €236 | €8,242 | +€8,006 | +3,398% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €56,682 | €9,855 | -€46,827 | -82.6% |
| Remuneration, social security and pensions | 62 | €9,041 | €136 | -€8,905 | -98.5% |
| Other operating charges | 640/8 | €1,386 | €711 | -€676 | -48.7% |
| Non-recurring operating charges | 66A | €134 | €230 | +€96 | +72.0% |
| Gross operating margin | 9900 | €10,489 | -€257 | -€10,745 | |
| Operating profit (loss) | 9901 | -€73 | -€1,334 | -€1,261 | -1,738% |
| Financial charges | 65/66B | - | €79 | +€79 | |
| Recurring financial charges | 65 | - | €79 | +€79 | |
| Profit (loss) for the period before taxes | 9903 | -€73 | -€1,413 | -€1,340 | -1,848% |
| Income taxes | 67/77 | -€64 | - | +€64 | |
| Profit (loss) for the period | 9904 | -€8 | -€1,413 | -€1,405 | -17,194% |
| Profit (loss) for the period to be appropriated | 9905 | -€8 | -€1,413 | -€1,405 | -17,194% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.