EURO NEW CONCEPT: 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 NEW CONCEPT
Largest movements
- Receivables within one year -€94,710
down €94,710 (-98.3%), from €96,335 to €1,625
- Tangible fixed assets -€10,560
no longer reported in 2024 (was €10,560)
of which Furniture and vehicles: -€9,081
- Cash -€7,145
no longer reported in 2024 (was €7,145)
mainly Other debts (-€36,528) and Contributions, distributions and other (-€33,074)
- Stocks and contracts -€4,500
no longer reported in 2024 (was €4,500)
- Profit (loss) carried forward -€38,459
down €38,459, from €32,274 to -€6,185
- Other debts -€36,528
down €36,528 (-98.7%), from €37,000 to €472
- Tax, wage and social debts -€23,691
down €23,691 (-82.2%), from €28,813 to €5,122
of which Remuneration and social security: -€18,518
- Trade debts -€17,432
down €17,432 (-88.7%), from €19,653 to €2,221
of which Suppliers: -€14,327
- Purchases and services +€72,888
new in 2024: €72,888
- Gross operating margin -€35,618
down €35,618, from €30,197 to -€5,421
- Depreciation -€1,796
no longer reported in 2024 (was €1,796)
- Other operating charges -€962
no longer reported in 2024 (was €962)
- Financial charges +€693
up €693 (+976%), from €71 to €764
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.
Derived cash bridge
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 | €118,540 | €1,630 | -€116,910 | -98.6% |
| Fixed assets | 21/28 | €10,560 | - | -€10,560 | |
| Tangible fixed assets | 22/27 | €10,560 | - | -€10,560 | |
| Plant, machinery and equipment | 23 | €1,480 | - | -€1,480 | |
| Furniture and vehicles | 24 | €9,081 | - | -€9,081 | |
| Current assets | 29/58 | €107,979 | €1,630 | -€106,349 | -98.5% |
| Stocks and contracts in progress | 3 | €4,500 | - | -€4,500 | |
| Stocks | 30/36 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €96,335 | €1,625 | -€94,710 | -98.3% |
| Trade receivables | 40 | €96,335 | €1,625 | -€94,710 | -98.3% |
| Current investments | 50/53 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €7,145 | - | -€7,145 | |
| Total equity and liabilities | 10/49 | €118,540 | €1,630 | -€116,910 | -98.6% |
| Equity | 10/15 | €33,074 | -€6,185 | -€39,259 | |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €800 | - | -€800 | |
| Non-distributable reserves | 130/1 | €800 | - | -€800 | |
| Reserves not available under the articles | 1311 | €800 | - | -€800 | |
| Profit (loss) carried forward | 14 | €32,274 | -€6,185 | -€38,459 | |
| Amounts payable | 17/49 | €85,466 | €7,815 | -€77,651 | -90.9% |
| Amounts payable within one year | 42/48 | €85,466 | €7,815 | -€77,651 | -90.9% |
| Trade debts | 44 | €19,653 | €2,221 | -€17,432 | -88.7% |
| Suppliers | 440/4 | €16,548 | €2,221 | -€14,327 | -86.6% |
| Bills of exchange payable | 441 | €3,105 | - | -€3,105 | |
| Taxes, remuneration and social security | 45 | €28,813 | €5,122 | -€23,691 | -82.2% |
| Taxes | 450/3 | €10,295 | €5,122 | -€5,173 | -50.2% |
| Remuneration and social security | 454/9 | €18,518 | - | -€18,518 | |
| Other amounts payable | 47/48 | €37,000 | €472 | -€36,528 | -98.7% |
| Non-recurring operating income | 76A | - | €67,468 | +€67,468 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €72,888 | +€72,888 | |
| Remuneration, social security and pensions | 62 | €174 | - | -€174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,796 | - | -€1,796 | |
| Other operating charges | 640/8 | €962 | - | -€962 | |
| Gross operating margin | 9900 | €30,197 | -€5,421 | -€35,618 | |
| Operating profit (loss) | 9901 | €27,266 | -€5,421 | -€32,687 | |
| Financial charges | 65/66B | €71 | €764 | +€693 | +976% |
| Recurring financial charges | 65 | €71 | €764 | +€693 | +976% |
| Profit (loss) for the period before taxes | 9903 | €27,195 | -€6,185 | -€33,380 | |
| Profit (loss) for the period | 9904 | €27,195 | -€6,185 | -€33,380 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,195 | -€6,185 | -€33,380 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.