EURO MASSIS: 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 MASSIS
Largest movements
- Receivables within one year +€7,916
up €7,916 (+24.3%), from €32,523 to €40,439
of which Other amounts receivable: +€7,991
- Cash +€1,539
up €1,539 (+18.1%), from €8,496 to €10,035
mainly Net result for the year (+€10,554) and Other debts (+€3,000)
- Tangible fixed assets +€1,171
new in 2025: €1,171
- Profit (loss) carried forward +€7,554
up €7,554 (+51.2%), from €14,756 to €22,310
- Other debts +€3,000
new in 2025: €3,000
- Trade debts -€1,184
down €1,184 (-28.5%), from €4,156 to €2,971
- Tax, wage and social debts +€942
up €942 (+28.8%), from €3,271 to €4,213
- Gross operating margin +€2,067
up €2,067 (+18.0%), from €11,474 to €13,540
- Taxes +€444
up €444 (+27.8%), from €1,595 to €2,039
- Financial charges +€306
up €306 (+206%), from €148 to €454
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 | €42,643 | €52,955 | +€10,312 | +24.2% |
| Fixed assets | 21/28 | €800 | €1,971 | +€1,171 | +146% |
| Tangible fixed assets | 22/27 | - | €1,171 | +€1,171 | |
| Furniture and vehicles | 24 | - | €1,171 | +€1,171 | |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €41,843 | €50,984 | +€9,140 | +21.8% |
| Stocks and contracts in progress | 3 | €560 | €509 | -€51 | -9.1% |
| Stocks | 30/36 | €560 | €509 | -€51 | -9.1% |
| Amounts receivable within one year | 40/41 | €32,523 | €40,439 | +€7,916 | +24.3% |
| Trade receivables | 40 | €103 | €28 | -€75 | -73.0% |
| Other amounts receivable | 41 | €32,421 | €40,412 | +€7,991 | +24.6% |
| Cash at bank and in hand | 54/58 | €8,496 | €10,035 | +€1,539 | +18.1% |
| Deferred charges and accrued income | 490/1 | €264 | - | -€264 | |
| Total equity and liabilities | 10/49 | €42,643 | €52,955 | +€10,312 | +24.2% |
| Equity | 10/15 | €35,216 | €42,770 | +€7,554 | +21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,756 | €22,310 | +€7,554 | +51.2% |
| Amounts payable | 17/49 | €7,427 | €10,185 | +€2,758 | +37.1% |
| Amounts payable within one year | 42/48 | €7,427 | €10,185 | +€2,758 | +37.1% |
| Trade debts | 44 | €4,156 | €2,971 | -€1,184 | -28.5% |
| Suppliers | 440/4 | €4,156 | €2,971 | -€1,184 | -28.5% |
| Taxes, remuneration and social security | 45 | €3,271 | €4,213 | +€942 | +28.8% |
| Taxes | 450/3 | €3,271 | €4,213 | +€942 | +28.8% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €51 | +€51 | |
| Other operating charges | 640/8 | €343 | €442 | +€99 | +28.8% |
| Gross operating margin | 9900 | €11,474 | €13,540 | +€2,067 | +18.0% |
| Operating profit (loss) | 9901 | €11,130 | €13,047 | +€1,917 | +17.2% |
| Financial charges | 65/66B | €148 | €454 | +€306 | +206% |
| Recurring financial charges | 65 | €148 | €454 | +€306 | +206% |
| Profit (loss) for the period before taxes | 9903 | €10,982 | €12,593 | +€1,611 | +14.7% |
| Income taxes | 67/77 | €1,595 | €2,039 | +€444 | +27.8% |
| Profit (loss) for the period | 9904 | €9,387 | €10,554 | +€1,167 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,387 | €10,554 | +€1,167 | +12.4% |
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 26 October 2026 via checked.be.