EUROCAL: 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.
EUROCAL
Largest movements
- Intangible fixed assets -€24,764
no longer reported in 2025 (was €24,764)
- Cash +€1,817
up €1,817 (+375%), from €485 to €2,302
mainly Investment in fixed assets (net) (+€24,764) and Other debts (+€21,814)
- Receivables within one year -€583
down €583 (-39.9%), from €1,460 to €877
- Profit (loss) carried forward -€30,893
down €30,893 (-40.5%), from -€76,259 to -€107,153
- Other debts +€21,814
up €21,814 (+32.5%), from €67,061 to €88,876
- Tax, wage and social debts -€9,503
no longer reported in 2025 (was €9,503)
- Trade debts -€4,947
down €4,947 (-72.4%), from €6,832 to €1,885
- Staff costs -€29,429
down €29,429 (-99.3%), from €29,645 to €216
- Gross operating margin -€10,007
down €10,007, from €8,568 to -€1,440
- Financial charges +€3,543
up €3,543 (+681%), from €520 to €4,064
- Other operating charges +€313
up €313 (+116%), from €269 to €583
- Financial income +€172
up €172 (+43,015%), from €0 to €172
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 | €26,709 | €3,180 | -€23,529 | -88.1% |
| Fixed assets | 21/28 | €24,764 | - | -€24,764 | |
| Intangible fixed assets | 21 | €24,764 | - | -€24,764 | |
| Current assets | 29/58 | €1,945 | €3,180 | +€1,235 | +63.5% |
| Amounts receivable within one year | 40/41 | €1,460 | €877 | -€583 | -39.9% |
| Other amounts receivable | 41 | €1,460 | €877 | -€583 | -39.9% |
| Cash at bank and in hand | 54/58 | €485 | €2,302 | +€1,817 | +375% |
| Total equity and liabilities | 10/49 | €26,709 | €3,180 | -€23,529 | -88.1% |
| Equity | 10/15 | -€56,688 | -€87,581 | -€30,893 | -54.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €972 | €972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €161 | €161 | = | 0.0% |
| Reserves not available under the articles | 1311 | €161 | €161 | = | 0.0% |
| Distributable reserves | 133 | €811 | €811 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,259 | -€107,153 | -€30,893 | -40.5% |
| Amounts payable | 17/49 | €83,397 | €90,761 | +€7,364 | +8.8% |
| Amounts payable within one year | 42/48 | €83,397 | €90,761 | +€7,364 | +8.8% |
| Trade debts | 44 | €6,832 | €1,885 | -€4,947 | -72.4% |
| Suppliers | 440/4 | €6,832 | €1,885 | -€4,947 | -72.4% |
| Taxes, remuneration and social security | 45 | €9,503 | - | -€9,503 | |
| Remuneration and social security | 454/9 | €9,503 | - | -€9,503 | |
| Other amounts payable | 47/48 | €67,061 | €88,876 | +€21,814 | +32.5% |
| Remuneration, social security and pensions | 62 | €29,645 | €216 | -€29,429 | -99.3% |
| Other operating charges | 640/8 | €269 | €583 | +€313 | +116% |
| Non-recurring operating charges | 66A | - | €24,764 | +€24,764 | |
| Gross operating margin | 9900 | €8,568 | -€1,440 | -€10,007 | |
| Operating profit (loss) | 9901 | -€21,346 | -€27,002 | -€5,656 | -26.5% |
| Financial income | 75/76B | €0 | €172 | +€172 | +43,015% |
| Recurring financial income | 75 | €0 | €172 | +€172 | +43,015% |
| Financial charges | 65/66B | €520 | €4,064 | +€3,543 | +681% |
| Recurring financial charges | 65 | €520 | €4,064 | +€3,543 | +681% |
| Profit (loss) for the period before taxes | 9903 | -€21,866 | -€30,893 | -€9,027 | -41.3% |
| Profit (loss) for the period | 9904 | -€21,866 | -€30,893 | -€9,027 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,866 | -€30,893 | -€9,027 | -41.3% |
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 23 October 2026 via checked.be.