Eurocable: 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.
What changed
Eurocable
NACE 46.900, Non-specialised wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.4m-€97,071
Equity
€6.3m
2024 · €5.9m+€337,955
Cash
€2.1m
2024 · €2.9m-€742,975
Balance sheet total
€14.1m
2024 · €14.9m-€746,975
Largest movements
Assets
- Cash -€742,975
down €742,975 (-25.8%), from €2.9m to €2.1m
mainly Advances received (-€2.1m) and Contributions, distributions and other (-€1.0m)
- Stocks and contracts +€414,475
up €414,475 (+10.3%), from €4.0m to €4.4m
- Tangible fixed assets -€306,363
down €306,363 (-9.3%), from €3.3m to €3.0m
of which Leasing and similar rights: -€458,883
Equity and liabilities
- Advances received -€2.1m
down €2.1m (-89.6%), from €2.4m to €243,987
- Trade debts +€1.6m
up €1.6m (+80.3%), from €2.0m to €3.6m
- Other debts -€628,636
down €628,636 (-38.5%), from €1.6m to €1.0m
- Debts after one year -€364,053
down €364,053 (-18.2%), from €2.0m to €1.6m
- Tax, wage and social debts +€251,235
up €251,235 (+113.7%), from €220,880 to €472,115
of which Remuneration and social security: +€137,849
Income statement
- Turnover +€2.1m
up €2.1m (+8.5%), from €24.7m to €26.8m
- Goods and materials +€1.3m
up €1.3m (+7.6%), from €16.8m to €18.1m
of which Purchases: +€1.9m
- Services and other goods +€371,800
up €371,800 (+12.3%), from €3.0m to €3.4m
- Write-downs +€270,126
up €270,126, from -€27,128 to €242,999
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.
Result 2024
€1.4m
Turnover
+€2.1m
Other operating income
+€28,934
Goods and materials
-€1.3m
Services and other goods
-€371,800
Staff costs
-€133,312
Depreciation
+€4,825
Write-downs
-€270,126
Other operating charges
+€12,183
Other operating items
+€2,454
Financial income
-€6,451
Financial charges
-€64,557
Taxes
-€119,029
Result 2025
€1.3m
Cash bridge derived
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.
From operations
+€898,853
Investment
-€448,836
Financing
-€1.2m
Cash 2024
€2.9m
From operations (derived)
+€898,853
Net result for the year
+€1.3m
Depreciation
+€755,199
Stocks and contracts
-€414,475
Receivables within one year
+€113,780
Deferred charges and accrued income
-€1,668
Trade debts
+€1.6m
Tax, wage and social debts
+€251,235
Advances received
-€2.1m
Other debts
-€628,636
Investment (derived)
-€448,836
Investment in fixed assets (net)
-€448,836
Financing
-€1.2m
Debts after one year
-€364,053
Current portion of long-term debt
+€120,843
Short-term financial debts
+€50,218
Contributions, distributions and other
-€1.0m
Cash 2025
€2.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,893,880 | €14,146,905 | -€746,975 | -5.0% |
| Fixed assets | 21/28 | €3,372,787 | €3,066,424 | -€306,363 | -9.1% |
| Tangible fixed assets | 22/27 | €3,302,912 | €2,996,549 | -€306,363 | -9.3% |
| Plant, machinery and equipment | 23 | €124,485 | €247,040 | +€122,555 | +98.4% |
| Furniture and vehicles | 24 | €338,576 | €317,089 | -€21,488 | -6.3% |
| Leasing and similar rights | 25 | €2,447,222 | €1,988,339 | -€458,883 | -18.8% |
| Other tangible fixed assets | 26 | €392,629 | €444,081 | +€51,452 | +13.1% |
| Financial fixed assets | 28 | €69,875 | €69,875 | = | 0.0% |
| Other financial fixed assets | 284/8 | €69,875 | €69,875 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €69,875 | €69,875 | = | 0.0% |
| Current assets | 29/58 | €11,521,093 | €11,080,481 | -€440,612 | -3.8% |
| Stocks and contracts in progress | 3 | €4,035,475 | €4,449,950 | +€414,475 | +10.3% |
| Stocks | 30/36 | €4,035,475 | €4,449,950 | +€414,475 | +10.3% |
| Goods purchased for resale | 34 | €4,035,475 | €4,449,950 | +€414,475 | +10.3% |
| Amounts receivable within one year | 40/41 | €4,586,061 | €4,472,282 | -€113,780 | -2.5% |
| Trade receivables | 40 | €4,568,789 | €4,445,603 | -€123,186 | -2.7% |
| Other amounts receivable | 41 | €17,273 | €26,679 | +€9,406 | +54.5% |
| Cash at bank and in hand | 54/58 | €2,876,303 | €2,133,328 | -€742,975 | -25.8% |
| Deferred charges and accrued income | 490/1 | €23,253 | €24,921 | +€1,668 | +7.2% |
| Total equity and liabilities | 10/49 | €14,893,880 | €14,146,905 | -€746,975 | -5.0% |
| Equity | 10/15 | €5,926,486 | €6,264,441 | +€337,955 | +5.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €241,191 | €346,441 | +€105,250 | +43.6% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €193,887 | €214,937 | +€21,050 | +10.9% |
| Distributable reserves | 133 | €17,304 | €101,504 | +€84,200 | +486.6% |
| Profit (loss) carried forward | 14 | €5,385,295 | €5,618,000 | +€232,705 | +4.3% |
| Amounts payable | 17/49 | €8,967,393 | €7,882,464 | -€1.1m | -12.1% |
| Amounts payable after more than one year | 17 | €2,003,784 | €1,639,731 | -€364,053 | -18.2% |
| Financial debts | 170/4 | €2,003,784 | €1,639,731 | -€364,053 | -18.2% |
| Leasing and similar obligations | 172 | €1,806,049 | €1,402,917 | -€403,132 | -22.3% |
| Credit institutions | 173 | €197,735 | €236,815 | +€39,079 | +19.8% |
| Amounts payable within one year | 42/48 | €6,963,609 | €6,242,732 | -€720,877 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €569,421 | €690,264 | +€120,843 | +21.2% |
| Financial debts | 43 | €200,806 | €251,023 | +€50,218 | +25.0% |
| Credit institutions | 430/8 | €200,806 | €251,023 | +€50,218 | +25.0% |
| Trade debts | 44 | €1,986,262 | €3,581,028 | +€1.6m | +80.3% |
| Suppliers | 440/4 | €1,986,262 | €3,581,028 | +€1.6m | +80.3% |
| Advances received on contracts in progress | 46 | €2,353,289 | €243,987 | -€2.1m | -89.6% |
| Taxes, remuneration and social security | 45 | €220,880 | €472,115 | +€251,235 | +113.7% |
| Taxes | 450/3 | €35,509 | €148,895 | +€113,386 | +319.3% |
| Remuneration and social security | 454/9 | €185,371 | €323,220 | +€137,849 | +74.4% |
| Other amounts payable | 47/48 | €1,632,952 | €1,004,315 | -€628,636 | -38.5% |
| Operating income | 70/76A | €24,703,297 | €26,833,805 | +€2.1m | +8.6% |
| Turnover | 70 | €24,659,894 | €26,760,228 | +€2.1m | +8.5% |
| Other operating income | 74 | €43,403 | €72,337 | +€28,934 | +66.7% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Operating charges | 60/66A | €22,793,774 | €24,831,316 | +€2.0m | +8.9% |
| Goods for resale, raw materials and consumables | 60 | €16,827,594 | €18,108,121 | +€1.3m | +7.6% |
| Purchases | 600/8 | €16,612,249 | €18,522,595 | +€1.9m | +11.5% |
| Change in stocks: decrease (increase) | 609 | €215,345 | -€414,475 | -€629,820 | |
| Services and other goods | 61 | €3,012,353 | €3,384,154 | +€371,800 | +12.3% |
| Remuneration, social security and pensions | 62 | €2,181,473 | €2,314,785 | +€133,312 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €760,024 | €755,199 | -€4,825 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€27,128 | €242,999 | +€270,126 | |
| Other operating charges | 640/8 | €38,242 | €26,059 | -€12,183 | -31.9% |
| Non-recurring operating charges | 66A | €1,214 | €0 | -€1,214 | -100.0% |
| Operating profit (loss) | 9901 | €1,909,522 | €2,002,488 | +€92,966 | +4.9% |
| Financial income | 75/76B | €7,132 | €681 | -€6,451 | -90.4% |
| Recurring financial income | 75 | €7,132 | €681 | -€6,451 | -90.4% |
| Income from financial fixed assets | 750 | €1,256 | €0 | -€1,256 | -100.0% |
| Other financial income | 752/9 | €5,876 | €681 | -€5,195 | -88.4% |
| Financial charges | 65/66B | €129,788 | €194,345 | +€64,557 | +49.7% |
| Recurring financial charges | 65 | €129,788 | €194,345 | +€64,557 | +49.7% |
| Debt charges | 650 | €65,109 | €61,512 | -€3,598 | -5.5% |
| Other financial charges | 652/9 | €64,679 | €132,833 | +€68,154 | +105.4% |
| Profit (loss) for the period before taxes | 9903 | €1,786,866 | €1,808,824 | +€21,958 | +1.2% |
| Income taxes | 67/77 | €351,841 | €470,870 | +€119,029 | +33.8% |
| Taxes | 670/3 | €375,000 | €479,329 | +€104,329 | +27.8% |
| Tax adjustments and reversals of tax provisions | 77 | €23,159 | €8,459 | -€14,700 | -63.5% |
| Profit (loss) for the period | 9904 | €1,435,025 | €1,337,955 | -€97,071 | -6.8% |
| Transfer from tax-exempt reserves | 789 | - | €84,200 | +€84,200 | |
| Transfer to tax-exempt reserves | 689 | €105,250 | €105,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,329,775 | €1,316,905 | -€12,871 | -1.0% |
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 11 October 2026 via checked.be.