EUROCHOK: 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.
EUROCHOK
Largest movements
- Cash +€80,911
up €80,911 (+190.6%), from €42,447 to €123,358
mainly Net result for the year (+€71,835) and Trade debts (+€18,421)
- Receivables within one year -€16,874
down €16,874 (-34.6%), from €48,723 to €31,849
of which Trade receivables: -€12,765
- Tangible fixed assets +€16,192
new in 2025: €16,192
- Stocks and contracts -€12,711
down €12,711 (-16.9%), from €75,068 to €62,357
- Reserves +€70,000
up €70,000 (+127.3%), from €55,000 to €125,000
- Tax, wage and social debts -€22,303
down €22,303 (-92.6%), from €24,091 to €1,787
of which Taxes: -€20,002
- Trade debts +€18,421
up €18,421 (+23.1%), from €79,679 to €98,100
- Staff costs -€35,261
down €35,261 (-87.6%), from €40,271 to €5,009
- Gross operating margin -€16,489
down €16,489 (-13.1%), from €125,656 to €109,167
- Taxes +€2,294
up €2,294 (+10.7%), from €21,439 to €23,733
- Depreciation +€1,370
up €1,370 (+21.3%), from €6,438 to €7,808
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 | €171,826 | €238,958 | +€67,131 | +39.1% |
| Fixed assets | 21/28 | €3,484 | €20,348 | +€16,864 | +484.1% |
| Tangible fixed assets | 22/27 | - | €16,192 | +€16,192 | |
| Furniture and vehicles | 24 | - | €16,192 | +€16,192 | |
| Financial fixed assets | 28 | €3,484 | €4,156 | +€673 | +19.3% |
| Current assets | 29/58 | €168,343 | €218,610 | +€50,267 | +29.9% |
| Stocks and contracts in progress | 3 | €75,068 | €62,357 | -€12,711 | -16.9% |
| Stocks | 30/36 | €75,068 | €62,357 | -€12,711 | -16.9% |
| Amounts receivable within one year | 40/41 | €48,723 | €31,849 | -€16,874 | -34.6% |
| Trade receivables | 40 | €43,559 | €30,794 | -€12,765 | -29.3% |
| Other amounts receivable | 41 | €5,164 | €1,055 | -€4,109 | -79.6% |
| Cash at bank and in hand | 54/58 | €42,447 | €123,358 | +€80,911 | +190.6% |
| Deferred charges and accrued income | 490/1 | €2,104 | €1,045 | -€1,059 | -50.3% |
| Total equity and liabilities | 10/49 | €171,826 | €238,958 | +€67,131 | +39.1% |
| Equity | 10/15 | €67,236 | €139,071 | +€71,835 | +106.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €125,000 | +€70,000 | +127.3% |
| Distributable reserves | 133 | €55,000 | €125,000 | +€70,000 | +127.3% |
| Profit (loss) carried forward | 14 | €2,236 | €4,071 | +€1,835 | +82.1% |
| Amounts payable | 17/49 | €104,590 | €99,887 | -€4,704 | -4.5% |
| Amounts payable within one year | 42/48 | €103,769 | €99,887 | -€3,883 | -3.7% |
| Trade debts | 44 | €79,679 | €98,100 | +€18,421 | +23.1% |
| Suppliers | 440/4 | €79,679 | €98,100 | +€18,421 | +23.1% |
| Taxes, remuneration and social security | 45 | €24,091 | €1,787 | -€22,303 | -92.6% |
| Taxes | 450/3 | €21,439 | €1,437 | -€20,002 | -93.3% |
| Remuneration and social security | 454/9 | €2,652 | €351 | -€2,301 | -86.8% |
| Accrued charges and deferred income | 492/3 | €821 | €0 | -€821 | -100.0% |
| Remuneration, social security and pensions | 62 | €40,271 | €5,009 | -€35,261 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,438 | €7,808 | +€1,370 | +21.3% |
| Other operating charges | 640/8 | €50 | €149 | +€99 | +197.5% |
| Gross operating margin | 9900 | €125,656 | €109,167 | -€16,489 | -13.1% |
| Operating profit (loss) | 9901 | €78,897 | €96,201 | +€17,304 | +21.9% |
| Financial income | 75/76B | - | €118 | +€118 | |
| Recurring financial income | 75 | - | €118 | +€118 | |
| Financial charges | 65/66B | €222 | €751 | +€529 | +238.3% |
| Recurring financial charges | 65 | €222 | €751 | +€529 | +238.3% |
| Profit (loss) for the period before taxes | 9903 | €78,675 | €95,568 | +€16,893 | +21.5% |
| Income taxes | 67/77 | €21,439 | €23,733 | +€2,294 | +10.7% |
| Profit (loss) for the period | 9904 | €57,236 | €71,835 | +€14,599 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,236 | €71,835 | +€14,599 | +25.5% |
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.