EUROBAT: 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.
EUROBAT
Largest movements
- Tangible fixed assets -€62,840
down €62,840 (-11.7%), from €536,571 to €473,731
of which Land and buildings: -€62,103
- Cash +€48,638
up €48,638 (+29.1%), from €167,166 to €215,804
mainly Depreciation (+€64,739) and Deferred charges and accrued income (+€142)
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€2,892
up €2,892 (+353%), from €820 to €3,712
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 | €811,810 | €801,174 | -€10,636 | -1.3% |
| Fixed assets | 21/28 | €543,177 | €480,337 | -€62,840 | -11.6% |
| Tangible fixed assets | 22/27 | €536,571 | €473,731 | -€62,840 | -11.7% |
| Land and buildings | 22 | €520,883 | €458,780 | -€62,103 | -11.9% |
| Plant, machinery and equipment | 23 | €15,688 | €14,951 | -€737 | -4.7% |
| Financial fixed assets | 28 | €6,606 | €6,606 | = | 0.0% |
| Current assets | 29/58 | €268,633 | €320,837 | +€52,204 | +19.4% |
| Amounts receivable within one year | 40/41 | €100,000 | €103,708 | +€3,708 | +3.7% |
| Other amounts receivable | 41 | €100,000 | €103,708 | +€3,708 | +3.7% |
| Cash at bank and in hand | 54/58 | €167,166 | €215,804 | +€48,638 | +29.1% |
| Deferred charges and accrued income | 490/1 | €1,467 | €1,325 | -€142 | -9.7% |
| Total equity and liabilities | 10/49 | €811,810 | €801,174 | -€10,636 | -1.3% |
| Equity | 10/15 | €675,892 | €668,535 | -€7,357 | -1.1% |
| Contributions | 10/11 | €686,800 | €686,800 | = | 0.0% |
| Capital | 10 | €686,800 | €686,800 | = | 0.0% |
| Issued capital | 100 | €686,800 | €686,800 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Legal reserve | 130 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,908 | -€22,265 | -€7,357 | -49.3% |
| Amounts payable | 17/49 | €135,918 | €132,639 | -€3,279 | -2.4% |
| Amounts payable within one year | 42/48 | €134,030 | €131,665 | -€2,365 | -1.8% |
| Trade debts | 44 | €3,417 | €2,535 | -€882 | -25.8% |
| Suppliers | 440/4 | €3,417 | €2,535 | -€882 | -25.8% |
| Other amounts payable | 47/48 | €130,613 | €129,130 | -€1,483 | -1.1% |
| Accrued charges and deferred income | 492/3 | €1,888 | €974 | -€914 | -48.4% |
| Non-recurring operating income | 76A | - | €1,086 | +€1,086 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,590 | €64,739 | +€149 | +0.2% |
| Other operating charges | 640/8 | €14,543 | €15,218 | +€675 | +4.6% |
| Gross operating margin | 9900 | €68,771 | €69,049 | +€278 | +0.4% |
| Operating profit (loss) | 9901 | -€10,362 | -€10,908 | -€546 | -5.3% |
| Financial income | 75/76B | €820 | €3,712 | +€2,892 | +353% |
| Recurring financial income | 75 | €820 | €3,712 | +€2,892 | +353% |
| Financial charges | 65/66B | €158 | €161 | +€3 | +1.9% |
| Recurring financial charges | 65 | €158 | €161 | +€3 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,700 | -€7,357 | +€2,343 | +24.2% |
| Profit (loss) for the period | 9904 | -€9,700 | -€7,357 | +€2,343 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,700 | -€7,357 | +€2,343 | +24.2% |
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 15 October 2026 via checked.be.