EUROBRAINS: 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.
EUROBRAINS
Largest movements
- Intangible fixed assets +€38,842
up €38,842 (+185%), from €20,942 to €59,784
- Cash +€15,527
up €15,527 (+4,035%), from €385 to €15,912
mainly Contributions, distributions and other (+€37,979) and Net result for the year (+€11,342)
- Tangible fixed assets -€5,234
down €5,234 (-62.6%), from €8,363 to €3,129
of which Leasing and similar rights: -€3,645
- Receivables within one year +€1,972
up €1,972 (+750%), from €263 to €2,235
of which Trade receivables: +€1,470
- Contributions +€42,249
up €42,249 (+204%), from €20,721 to €62,970
- Profit (loss) carried forward +€7,072
up €7,072 (+166%), from €4,270 to €11,342
- Debts after one year +€5,870
up €5,870 (+549%), from €1,069 to €6,939
of which Financial debts: +€6,939
- Short-term financial debts -€5,069
no longer reported in 2025 (was €5,069)
- Other debts +€1,322
new in 2025: €1,322
- Turnover -€19,296
no longer reported in 2025 (was €19,296)
- Gross operating margin +€9,211
up €9,211 (+161%), from €5,726 to €14,937
- Purchases and services +€7,191
up €7,191 (+53.0%), from €13,570 to €20,761
- Depreciation +€1,983
new in 2025: €1,983
- Other operating charges +€799
new in 2025: €799
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 | €32,540 | €84,358 | +€51,818 | +159% |
| Formation expenses | 20 | €1,500 | €1,521 | +€21 | +1.4% |
| Fixed assets | 21/28 | €29,305 | €62,913 | +€33,608 | +115% |
| Intangible fixed assets | 21 | €20,942 | €59,784 | +€38,842 | +185% |
| Tangible fixed assets | 22/27 | €8,363 | €3,129 | -€5,234 | -62.6% |
| Furniture and vehicles | 24 | €4,718 | €3,129 | -€1,589 | -33.7% |
| Leasing and similar rights | 25 | €3,645 | - | -€3,645 | |
| Current assets | 29/58 | €1,735 | €19,924 | +€18,189 | +1,048% |
| Amounts receivable after more than one year | 29 | - | €690 | +€690 | |
| Other amounts receivable | 291 | - | €690 | +€690 | |
| Amounts receivable within one year | 40/41 | €263 | €2,235 | +€1,972 | +750% |
| Trade receivables | 40 | - | €1,470 | +€1,470 | |
| Other amounts receivable | 41 | €263 | €765 | +€502 | +191% |
| Cash at bank and in hand | 54/58 | €385 | €15,912 | +€15,527 | +4,035% |
| Deferred charges and accrued income | 490/1 | €1,087 | €1,087 | = | 0.0% |
| Total equity and liabilities | 10/49 | €32,540 | €84,358 | +€51,818 | +159% |
| Equity | 10/15 | €24,991 | €74,312 | +€49,321 | +197% |
| Contributions | 10/11 | €20,721 | €62,970 | +€42,249 | +204% |
| Profit (loss) carried forward | 14 | €4,270 | €11,342 | +€7,072 | +166% |
| Amounts payable | 17/49 | €7,549 | €10,046 | +€2,498 | +33.1% |
| Amounts payable after more than one year | 17 | €1,069 | €6,939 | +€5,870 | +549% |
| Financial debts | 170/4 | - | €6,939 | +€6,939 | |
| Other amounts payable | 178/9 | €1,069 | - | -€1,069 | |
| Amounts payable within one year | 42/48 | €6,480 | €3,108 | -€3,372 | -52.0% |
| Financial debts | 43 | €5,069 | - | -€5,069 | |
| Other loans | 439 | €5,069 | - | -€5,069 | |
| Trade debts | 44 | - | €187 | +€187 | |
| Suppliers | 440/4 | - | €187 | +€187 | |
| Taxes, remuneration and social security | 45 | €1,410 | €1,598 | +€188 | +13.3% |
| Taxes | 450/3 | €1,410 | €1,598 | +€188 | +13.3% |
| Other amounts payable | 47/48 | - | €1,322 | +€1,322 | |
| Turnover | 70 | €19,296 | - | -€19,296 | |
| Goods, raw materials, services and sundry goods | 60/61 | €13,570 | €20,761 | +€7,191 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,983 | +€1,983 | |
| Other operating charges | 640/8 | - | €799 | +€799 | |
| Gross operating margin | 9900 | €5,726 | €14,937 | +€9,211 | +161% |
| Operating profit (loss) | 9901 | €5,726 | €12,154 | +€6,428 | +112% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | - | €412 | +€412 | |
| Recurring financial charges | 65 | - | €375 | +€375 | |
| Non-recurring financial charges | 66B | - | €37 | +€37 | |
| Profit (loss) for the period before taxes | 9903 | €5,726 | €11,742 | +€6,016 | +105% |
| Income taxes | 67/77 | €387 | €400 | +€12 | +3.2% |
| Profit (loss) for the period | 9904 | €5,339 | €11,342 | +€6,003 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €5,339 | €11,342 | +€6,003 | +112% |
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.