EUROBEL SERVICES: what changed
EUROBEL SERVICES
Largest movements
- Tangible fixed assets -€18,383
down €18,383 (-22.9%), from €80,416 to €62,033
- Cash -€8,998
down €8,998 (-52.1%), from €17,271 to €8,273
mainly Net result for the year (-€13,649) and Debts after one year (-€9,579)
- Profit (loss) carried forward -€13,649
down €13,649 (-255%), from -€5,358 to -€19,006
- Debts after one year -€9,579
down €9,579 (-27.7%), from €34,633 to €25,054
- Other debts -€2,610
down €2,610 (-3.7%), from €71,078 to €68,469
- Tax, wage and social debts -€2,021
no longer reported in 2025 (was €2,021)
- Other operating charges -€37,167
no longer reported in 2025 (was €37,167)
- Gross operating margin -€32,133
down €32,133 (-82.5%), from €38,931 to €6,798
- Depreciation +€12,633
up €12,633 (+220%), from €5,750 to €18,383
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 | €127,687 | €100,521 | -€27,166 | -21.3% |
| Fixed assets | 21/28 | €110,416 | €92,033 | -€18,383 | -16.6% |
| Intangible fixed assets | 21 | €30,000 | €30,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €80,416 | €62,033 | -€18,383 | -22.9% |
| Furniture and vehicles | 24 | €80,416 | €62,033 | -€18,383 | -22.9% |
| Current assets | 29/58 | €17,271 | €8,489 | -€8,783 | -50.9% |
| Amounts receivable within one year | 40/41 | - | €215 | +€215 | |
| Other amounts receivable | 41 | - | €215 | +€215 | |
| Cash at bank and in hand | 54/58 | €17,271 | €8,273 | -€8,998 | -52.1% |
| Total equity and liabilities | 10/49 | €127,687 | €100,521 | -€27,166 | -21.3% |
| Equity | 10/15 | €18,842 | €5,194 | -€13,649 | -72.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €2,200 | €2,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,200 | €2,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,358 | -€19,006 | -€13,649 | -255% |
| Amounts payable | 17/49 | €108,845 | €95,328 | -€13,517 | -12.4% |
| Amounts payable after more than one year | 17 | €34,633 | €25,054 | -€9,579 | -27.7% |
| Financial debts | 170/4 | €34,633 | €25,054 | -€9,579 | -27.7% |
| Amounts payable within one year | 42/48 | €74,212 | €70,274 | -€3,938 | -5.3% |
| Trade debts | 44 | €1,113 | €1,806 | +€693 | +62.2% |
| Suppliers | 440/4 | €1,113 | €1,806 | +€693 | +62.2% |
| Taxes, remuneration and social security | 45 | €2,021 | - | -€2,021 | |
| Taxes | 450/3 | €2,021 | - | -€2,021 | |
| Other amounts payable | 47/48 | €71,078 | €68,469 | -€2,610 | -3.7% |
| Remuneration, social security and pensions | 62 | €512 | €298 | -€215 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,750 | €18,383 | +€12,633 | +220% |
| Other operating charges | 640/8 | €37,167 | - | -€37,167 | |
| Gross operating margin | 9900 | €38,931 | €6,798 | -€32,133 | -82.5% |
| Operating profit (loss) | 9901 | -€4,498 | -€11,883 | -€7,384 | -164% |
| Financial charges | 65/66B | €1,466 | €1,766 | +€300 | +20.5% |
| Recurring financial charges | 65 | €1,466 | €1,766 | +€300 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,964 | -€13,649 | -€7,685 | -129% |
| Profit (loss) for the period | 9904 | -€5,964 | -€13,649 | -€7,685 | -129% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,964 | -€13,649 | -€7,685 | -129% |
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 3 November 2026 via checked.be.