EURO-PRESS: 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-PRESS
Largest movements
- Tangible fixed assets -€115,663
down €115,663 (-7.4%), from €1.6m to €1.4m
of which Land and buildings: -€109,817
- Cash -€39,573
down €39,573 (-70.5%), from €56,132 to €16,559
mainly Current portion of long-term debt (-€274,868) and Provisions (-€53,352)
- Profit (loss) carried forward +€331,582
up €331,582 (+228%), from €145,466 to €477,048
- Current portion of long-term debt -€274,868
down €274,868 (-82.7%), from €332,483 to €57,615
- Reserves -€213,406
down €213,406 (-60.1%), from €355,192 to €141,786
of which Tax-exempt reserves: -€213,406
- Provisions -€53,352
no longer reported in 2025 (was €53,352)
- Other debts +€34,764
up €34,764 (+9.6%), from €363,505 to €398,269
- Taxes +€102,729
up €102,729 (+351%), from €29,232 to €131,961
- Gross operating margin +€59,122
up €59,122 (+24.4%), from €242,593 to €301,715
- Financial charges -€18,372
down €18,372 (-43.3%), from €42,472 to €24,100
- Write-downs -€12,253
no longer reported in 2025 (was €12,253)
- Depreciation -€3,606
down €3,606 (-4.6%), from €77,807 to €74,201
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 | €1,632,044 | €1,481,395 | -€150,649 | -9.2% |
| Fixed assets | 21/28 | €1,557,572 | €1,441,909 | -€115,663 | -7.4% |
| Tangible fixed assets | 22/27 | €1,557,409 | €1,441,747 | -€115,663 | -7.4% |
| Land and buildings | 22 | €1,519,559 | €1,409,742 | -€109,817 | -7.2% |
| Plant, machinery and equipment | 23 | €650 | €4,105 | +€3,455 | +531% |
| Furniture and vehicles | 24 | €37,200 | €27,900 | -€9,300 | -25.0% |
| Financial fixed assets | 28 | €163 | €163 | = | 0.0% |
| Current assets | 29/58 | €74,472 | €39,486 | -€34,986 | -47.0% |
| Amounts receivable within one year | 40/41 | €16,178 | €20,825 | +€4,647 | +28.7% |
| Trade receivables | 40 | €14,862 | €20,781 | +€5,920 | +39.8% |
| Other amounts receivable | 41 | €1,316 | €43 | -€1,273 | -96.7% |
| Cash at bank and in hand | 54/58 | €56,132 | €16,559 | -€39,573 | -70.5% |
| Deferred charges and accrued income | 490/1 | €2,162 | €2,102 | -€60 | -2.8% |
| Total equity and liabilities | 10/49 | €1,632,044 | €1,481,395 | -€150,649 | -9.2% |
| Equity | 10/15 | €519,250 | €637,426 | +€118,176 | +22.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €355,192 | €141,786 | -€213,406 | -60.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €213,406 | - | -€213,406 | |
| Distributable reserves | 133 | €139,927 | €139,927 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,466 | €477,048 | +€331,582 | +228% |
| Provisions and deferred taxes | 16 | €53,352 | - | -€53,352 | |
| Deferred taxes | 168 | €53,352 | - | -€53,352 | |
| Amounts payable | 17/49 | €1,059,442 | €843,969 | -€215,473 | -20.3% |
| Amounts payable after more than one year | 17 | €262,725 | €285,649 | +€22,924 | +8.7% |
| Financial debts | 170/4 | €262,725 | €285,649 | +€22,924 | +8.7% |
| Amounts payable within one year | 42/48 | €793,028 | €558,321 | -€234,707 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €332,483 | €57,615 | -€274,868 | -82.7% |
| Financial debts | 43 | €35,000 | €35,000 | = | 0.0% |
| Credit institutions | 430/8 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €4,007 | €9,165 | +€5,158 | +129% |
| Suppliers | 440/4 | €4,007 | €9,165 | +€5,158 | +129% |
| Advances received on contracts in progress | 46 | €934 | €1,413 | +€479 | +51.2% |
| Taxes, remuneration and social security | 45 | €57,099 | €56,858 | -€240 | -0.4% |
| Taxes | 450/3 | €57,099 | €56,858 | -€240 | -0.4% |
| Other amounts payable | 47/48 | €363,505 | €398,269 | +€34,764 | +9.6% |
| Accrued charges and deferred income | 492/3 | €3,690 | - | -€3,690 | |
| Non-recurring operating income | 76A | €109,446 | €195,602 | +€86,156 | +78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,807 | €74,201 | -€3,606 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,253 | - | -€12,253 | |
| Other operating charges | 640/8 | €9,599 | €6,713 | -€2,886 | -30.1% |
| Gross operating margin | 9900 | €242,593 | €301,715 | +€59,122 | +24.4% |
| Operating profit (loss) | 9901 | €142,934 | €220,801 | +€77,867 | +54.5% |
| Financial income | 75/76B | €934 | €84 | -€851 | -91.1% |
| Recurring financial income | 75 | €93 | €84 | -€9 | -9.7% |
| Non-recurring financial income | 76B | €842 | - | -€842 | |
| Financial charges | 65/66B | €42,472 | €24,100 | -€18,372 | -43.3% |
| Recurring financial charges | 65 | €42,472 | €24,100 | -€18,372 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €101,397 | €196,785 | +€95,388 | +94.1% |
| Transfer from deferred taxes | 780 | €1,721 | €53,352 | +€51,630 | +3,000% |
| Income taxes | 67/77 | €29,232 | €131,961 | +€102,729 | +351% |
| Profit (loss) for the period | 9904 | €73,886 | €118,176 | +€44,290 | +59.9% |
| Transfer from tax-exempt reserves | 789 | €6,884 | €213,406 | +€206,522 | +3,000% |
| Profit (loss) for the period to be appropriated | 9905 | €80,770 | €331,582 | +€250,812 | +311% |
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 18 October 2026 via checked.be.