EUROCASCO: what changed
Two fiscal 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.
EUROCASCO
Largest movements
- Receivables within one year +€146,245
up €146,245 (+48.1%), from €303,867 to €450,112
of which Other amounts receivable: +€145,169
- Tangible fixed assets -€142,022
down €142,022 (-4.4%), from €3.3m to €3.1m
of which Land and buildings: -€142,365
- Receivables after one year -€110,000
down €110,000 (-8.4%), from €1.3m to €1.2m
of which Other amounts receivable: -€110,000
- Current investments -€61,480
down €61,480 (-80.5%), from €76,330 to €14,850
- Debts after one year -€225,896
down €225,896 (-9.7%), from €2.3m to €2.1m
- Reserves -€63,635
down €63,635 (-4.7%), from €1.4m to €1.3m
of which Tax-exempt reserves: -€63,635
- Gross operating margin +€47,226
up €47,226 (+20.0%), from €236,226 to €283,453
- Depreciation -€44,610
down €44,610 (-22.2%), from €200,756 to €156,146
- Staff costs +€27,041
up €27,041 (+67.4%), from €40,127 to €67,168
- Financial income -€21,208
down €21,208 (-55.1%), from €38,505 to €17,298
- Financial charges +€17,550
up €17,550 (+34.2%), from €51,283 to €68,833
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,189,544 | €4,936,497 | -€253,047 | -4.9% |
| Fixed assets | 21/28 | €3,261,472 | €3,119,451 | -€142,022 | -4.4% |
| Tangible fixed assets | 22/27 | €3,261,472 | €3,119,451 | -€142,022 | -4.4% |
| Land and buildings | 22 | €3,236,647 | €3,094,281 | -€142,365 | -4.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €24,826 | €25,169 | +€343 | +1.4% |
| Current assets | 29/58 | €1,928,071 | €1,817,046 | -€111,025 | -5.8% |
| Amounts receivable after more than one year | 29 | €1,304,865 | €1,194,865 | -€110,000 | -8.4% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €1,304,865 | €1,194,865 | -€110,000 | -8.4% |
| Amounts receivable within one year | 40/41 | €303,867 | €450,112 | +€146,245 | +48.1% |
| Trade receivables | 40 | €62,807 | €63,883 | +€1,076 | +1.7% |
| Other amounts receivable | 41 | €241,060 | €386,229 | +€145,169 | +60.2% |
| Current investments | 50/53 | €76,330 | €14,850 | -€61,480 | -80.5% |
| Cash at bank and in hand | 54/58 | €59,210 | €20,795 | -€38,415 | -64.9% |
| Deferred charges and accrued income | 490/1 | €183,799 | €136,424 | -€47,375 | -25.8% |
| Total equity and liabilities | 10/49 | €5,189,544 | €4,936,497 | -€253,047 | -4.9% |
| Equity | 10/15 | €1,779,566 | €1,728,880 | -€50,686 | -2.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,352,103 | €1,288,468 | -€63,635 | -4.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,336,826 | €1,273,191 | -€63,635 | -4.8% |
| Distributable reserves | 133 | €13,277 | €13,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | €407,463 | €420,412 | +€12,949 | +3.2% |
| Provisions and deferred taxes | 16 | €442,534 | €421,323 | -€21,212 | -4.8% |
| Deferred taxes | 168 | €442,534 | €421,323 | -€21,212 | -4.8% |
| Amounts payable | 17/49 | €2,967,443 | €2,786,294 | -€181,150 | -6.1% |
| Amounts payable after more than one year | 17 | €2,317,247 | €2,091,351 | -€225,896 | -9.7% |
| Financial debts | 170/4 | €2,317,247 | €2,091,351 | -€225,896 | -9.7% |
| Amounts payable within one year | 42/48 | €638,530 | €683,276 | +€44,746 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €242,466 | €225,896 | -€16,570 | -6.8% |
| Financial debts | 43 | €102 | €20,926 | +€20,824 | +20436.2% |
| Credit institutions | 430/8 | €102 | €20,926 | +€20,824 | +20436.2% |
| Trade debts | 44 | €59,508 | €54,565 | -€4,943 | -8.3% |
| Suppliers | 440/4 | €59,508 | €54,565 | -€4,943 | -8.3% |
| Taxes, remuneration and social security | 45 | €1,969 | €3,379 | +€1,410 | +71.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €1,969 | €3,379 | +€1,410 | +71.6% |
| Other amounts payable | 47/48 | €334,486 | €378,510 | +€44,025 | +13.2% |
| Accrued charges and deferred income | 492/3 | €11,666 | €11,666 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €40,127 | €67,168 | +€27,041 | +67.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,756 | €156,146 | -€44,610 | -22.2% |
| Other operating charges | 640/8 | €21,567 | €12,627 | -€8,940 | -41.5% |
| Gross operating margin | 9900 | €236,226 | €283,453 | +€47,226 | +20.0% |
| Operating profit (loss) | 9901 | -€26,224 | €47,512 | +€73,736 | |
| Financial income | 75/76B | €38,505 | €17,298 | -€21,208 | -55.1% |
| Recurring financial income | 75 | €38,505 | €17,298 | -€21,208 | -55.1% |
| Financial charges | 65/66B | €51,283 | €68,833 | +€17,550 | +34.2% |
| Recurring financial charges | 65 | €51,283 | €68,833 | +€17,550 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | -€39,002 | -€4,023 | +€34,979 | +89.7% |
| Transfer from deferred taxes | 780 | €21,212 | €21,212 | = | 0.0% |
| Income taxes | 67/77 | €1,493 | €7,874 | +€6,381 | +427.3% |
| Profit (loss) for the period | 9904 | -€19,284 | €9,314 | +€28,598 | |
| Transfer from tax-exempt reserves | 789 | €63,635 | €63,635 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,351 | €72,949 | +€28,598 | +64.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.