EUROCHEM: 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
EUROCHEM
NACE 46.120, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€715,520
2024 · €395,371+€320,149
Equity
€2.2m
2024 · €3.0m-€784,480
Cash
€999,758
2024 · €142,069+€857,689
Balance sheet total
€4.1m
2024 · €3.1m+€938,509
Largest movements
Assets
- Cash +€857,689
up €857,689 (+604%), from €142,069 to €999,758
mainly Other debts (+€1.5m) and Net result for the year (+€715,520)
- Receivables after one year +€48,774
up €48,774 (+1.8%), from €2.8m to €2.8m
Equity and liabilities
- Other debts +€1.5m
up €1.5m (+4,049%), from €37,157 to €1.5m
- Reserves -€784,480
down €784,480 (-27.6%), from €2.8m to €2.1m
of which Distributable reserves: -€1.2m
- Trade debts +€252,915
up €252,915 (+496%), from €50,990 to €303,905
Income statement
- Gross operating margin +€398,485
up €398,485 (+35.8%), from €1.1m to €1.5m
- Taxes +€93,700
up €93,700 (+94.3%), from €99,387 to €193,087
- Depreciation -€24,842
down €24,842 (-56.1%), from €44,313 to €19,471
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
€395,371
Gross operating margin
+€398,485
Staff costs
-€10,020
Depreciation
+€24,842
Other operating charges
+€224
Financial charges
+€318
Taxes
-€93,700
Result 2025
€715,520
raises the resultlowers the result
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.
From operations
+€2.4m
Investment
-€19,000
Financing
-€1.5m
Cash 2024
€142,069
From operations (derived)
+€2.4m
Net result for the year
+€715,520
Depreciation
+€19,471
Receivables after one year
-€48,774
Receivables within one year
-€26,545
Deferred charges and accrued income
-€5,972
Trade debts
+€252,915
Tax, wage and social debts
-€4,809
Other debts
+€1.5m
Investment (derived)
-€19,000
Investment in fixed assets (net)
-€19,000
Financing
-€1.5m
Debts after one year
-€2,128
Current portion of long-term debt
-€27,543
Contributions, distributions and other
-€1.5m
Cash 2025
€999,758
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,141,319 | €4,079,828 | +€938,509 | +29.9% |
| Fixed assets | 21/28 | €27,935 | €27,464 | -€471 | -1.7% |
| Tangible fixed assets | 22/27 | €25,895 | €25,424 | -€471 | -1.8% |
| Plant, machinery and equipment | 23 | €23,698 | €5,195 | -€18,503 | -78.1% |
| Furniture and vehicles | 24 | - | €18,472 | +€18,472 | |
| Other tangible fixed assets | 26 | €2,197 | €1,757 | -€440 | -20.0% |
| Financial fixed assets | 28 | €2,040 | €2,040 | = | 0.0% |
| Current assets | 29/58 | €3,113,384 | €4,052,364 | +€938,980 | +30.2% |
| Amounts receivable after more than one year | 29 | €2,781,191 | €2,829,965 | +€48,774 | +1.8% |
| Other amounts receivable | 291 | €2,781,191 | €2,829,965 | +€48,774 | +1.8% |
| Stocks and contracts in progress | 3 | €172,863 | €172,863 | = | 0.0% |
| Stocks | 30/36 | €172,863 | €172,863 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,261 | €43,806 | +€26,545 | +154% |
| Trade receivables | 40 | - | €213 | +€213 | |
| Other amounts receivable | 41 | €17,261 | €43,593 | +€26,332 | +153% |
| Cash at bank and in hand | 54/58 | €142,069 | €999,758 | +€857,689 | +604% |
| Deferred charges and accrued income | 490/1 | - | €5,972 | +€5,972 | |
| Total equity and liabilities | 10/49 | €3,141,319 | €4,079,828 | +€938,509 | +29.9% |
| Equity | 10/15 | €2,966,902 | €2,182,422 | -€784,480 | -26.4% |
| Contributions | 10/11 | €124,500 | €124,500 | = | 0.0% |
| Capital | 10 | €124,500 | €124,500 | = | 0.0% |
| Issued capital | 100 | €124,500 | €124,500 | = | 0.0% |
| Reserves | 13 | €2,842,402 | €2,057,922 | -€784,480 | -27.6% |
| Non-distributable reserves | 130/1 | €12,450 | €12,450 | = | 0.0% |
| Legal reserve | 130 | €12,450 | €12,450 | = | 0.0% |
| Tax-exempt reserves | 132 | €461,794 | €857,649 | +€395,855 | +85.7% |
| Distributable reserves | 133 | €2,368,158 | €1,187,823 | -€1.2m | -49.8% |
| Amounts payable | 17/49 | €174,417 | €1,897,406 | +€1.7m | +988% |
| Amounts payable after more than one year | 17 | €2,128 | - | -€2,128 | |
| Financial debts | 170/4 | €2,128 | - | -€2,128 | |
| Amounts payable within one year | 42/48 | €172,289 | €1,897,406 | +€1.7m | +1,001% |
| Current portion of amounts payable after more than one year | 42 | €67,309 | €39,766 | -€27,543 | -40.9% |
| Trade debts | 44 | €50,990 | €303,905 | +€252,915 | +496% |
| Suppliers | 440/4 | €50,990 | €303,905 | +€252,915 | +496% |
| Taxes, remuneration and social security | 45 | €16,833 | €12,024 | -€4,809 | -28.6% |
| Remuneration and social security | 454/9 | €16,833 | €12,024 | -€4,809 | -28.6% |
| Other amounts payable | 47/48 | €37,157 | €1,541,711 | +€1.5m | +4,049% |
| Remuneration, social security and pensions | 62 | €567,029 | €577,049 | +€10,020 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,313 | €19,471 | -€24,842 | -56.1% |
| Other operating charges | 640/8 | €2,028 | €1,804 | -€224 | -11.0% |
| Gross operating margin | 9900 | €1,112,361 | €1,510,846 | +€398,485 | +35.8% |
| Operating profit (loss) | 9901 | €498,991 | €912,522 | +€413,531 | +82.9% |
| Financial charges | 65/66B | €4,233 | €3,915 | -€318 | -7.5% |
| Recurring financial charges | 65 | €4,233 | €3,915 | -€318 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €494,758 | €908,607 | +€413,849 | +83.6% |
| Income taxes | 67/77 | €99,387 | €193,087 | +€93,700 | +94.3% |
| Profit (loss) for the period | 9904 | €395,371 | €715,520 | +€320,149 | +81.0% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €395,855 | +€185,355 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €184,871 | €319,665 | +€134,794 | +72.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.