EUROCAT: 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.
EUROCAT
Largest movements
- Cash +€13,899
up €13,899 (+181.0%), from €7,680 to €21,579
mainly Net result for the year (+€22,592) and Depreciation (+€8,970)
- Deferred charges and accrued income +€9,711
up €9,711 (+281.9%), from €3,444 to €13,155
- Tangible fixed assets -€2,073
down €2,073 (-13.8%), from €15,037 to €12,964
of which Furniture and vehicles: -€4,494
- Reserves +€22,592
up €22,592 (+31.3%), from €72,266 to €94,858
- Other debts -€8,735
down €8,735 (-72.8%), from €12,000 to €3,265
- Tax, wage and social debts +€7,479
up €7,479 (+102.7%), from €7,286 to €14,765
- Debts after one year -€4,718
down €4,718 (-56.0%), from €8,423 to €3,705
- Trade debts +€3,728
up €3,728 (+56.1%), from €6,648 to €10,376
- Depreciation -€788
down €788 (-8.1%), from €9,758 to €8,970
- Other operating charges +€627
up €627 (+74.6%), from €841 to €1,468
- Financial charges -€580
down €580 (-42.2%), from €1,374 to €795
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 | €124,742 | €145,330 | +€20,588 | +16.5% |
| Fixed assets | 21/28 | €15,037 | €12,964 | -€2,073 | -13.8% |
| Tangible fixed assets | 22/27 | €15,037 | €12,964 | -€2,073 | -13.8% |
| Plant, machinery and equipment | 23 | €52 | €2,473 | +€2,420 | +4614.7% |
| Furniture and vehicles | 24 | €14,985 | €10,491 | -€4,494 | -30.0% |
| Current assets | 29/58 | €109,705 | €132,366 | +€22,661 | +20.7% |
| Amounts receivable after more than one year | 29 | €56,617 | €56,617 | = | 0.0% |
| Other amounts receivable | 291 | €56,617 | €56,617 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,964 | €41,014 | -€949 | -2.3% |
| Trade receivables | 40 | €31,373 | €30,178 | -€1,195 | -3.8% |
| Other amounts receivable | 41 | €10,590 | €10,836 | +€246 | +2.3% |
| Cash at bank and in hand | 54/58 | €7,680 | €21,579 | +€13,899 | +181.0% |
| Deferred charges and accrued income | 490/1 | €3,444 | €13,155 | +€9,711 | +281.9% |
| Total equity and liabilities | 10/49 | €124,742 | €145,330 | +€20,588 | +16.5% |
| Equity | 10/15 | €85,908 | €108,500 | +€22,592 | +26.3% |
| Contributions | 10/11 | €13,642 | €13,642 | = | 0.0% |
| Reserves | 13 | €72,266 | €94,858 | +€22,592 | +31.3% |
| Distributable reserves | 133 | €72,266 | €94,858 | +€22,592 | +31.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,834 | €36,830 | -€2,004 | -5.2% |
| Amounts payable after more than one year | 17 | €8,423 | €3,705 | -€4,718 | -56.0% |
| Financial debts | 170/4 | €8,423 | €3,705 | -€4,718 | -56.0% |
| Amounts payable within one year | 42/48 | €30,411 | €33,125 | +€2,714 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €4,476 | €4,718 | +€242 | +5.4% |
| Trade debts | 44 | €6,648 | €10,376 | +€3,728 | +56.1% |
| Suppliers | 440/4 | €6,648 | €10,376 | +€3,728 | +56.1% |
| Taxes, remuneration and social security | 45 | €7,286 | €14,765 | +€7,479 | +102.7% |
| Taxes | 450/3 | €7,286 | €14,765 | +€7,479 | +102.7% |
| Other amounts payable | 47/48 | €12,000 | €3,265 | -€8,735 | -72.8% |
| Non-recurring operating income | 76A | €0 | €15,052 | +€15,052 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,758 | €8,970 | -€788 | -8.1% |
| Other operating charges | 640/8 | €841 | €1,468 | +€627 | +74.6% |
| Gross operating margin | 9900 | €47,951 | €48,174 | +€223 | +0.5% |
| Operating profit (loss) | 9901 | €37,352 | €37,737 | +€384 | +1.0% |
| Financial income | 75/76B | €826 | €687 | -€138 | -16.8% |
| Recurring financial income | 75 | €826 | €687 | -€138 | -16.8% |
| Financial charges | 65/66B | €1,374 | €795 | -€580 | -42.2% |
| Recurring financial charges | 65 | €1,374 | €795 | -€580 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €36,803 | €37,629 | +€826 | +2.2% |
| Income taxes | 67/77 | €14,616 | €15,037 | +€421 | +2.9% |
| Profit (loss) for the period | 9904 | €22,188 | €22,592 | +€405 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,188 | €22,592 | +€405 | +1.8% |
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 8 October 2026 via checked.be.