EUROCIS: 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.
EUROCIS
Largest movements
- Current investments +€92,821
up €92,821 (+21.7%), from €428,067 to €520,888
- Receivables within one year +€8,570
up €8,570 (+88.9%), from €9,642 to €18,212
of which Trade receivables: +€10,612
- Cash -€5,879
down €5,879 (-36.8%), from €15,972 to €10,093
mainly Current investments (-€92,821) and Receivables within one year (-€8,570)
- Reserves +€84,355
up €84,355 (+19.8%), from €426,297 to €510,653
- Tax, wage and social debts +€8,223
up €8,223 (+204%), from €4,040 to €12,263
- Gross operating margin +€28,148
up €28,148 (+29.2%), from €96,254 to €124,402
- Taxes +€12,107
up €12,107 (+50.7%), from €23,898 to €36,004
- Financial income +€2,785
up €2,785 (+80.4%), from €3,465 to €6,250
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 | €464,239 | €555,999 | +€91,760 | +19.8% |
| Fixed assets | 21/28 | €10,117 | €5,502 | -€4,615 | -45.6% |
| Tangible fixed assets | 22/27 | €10,117 | €5,502 | -€4,615 | -45.6% |
| Plant, machinery and equipment | 23 | €709 | €3,886 | +€3,178 | +448% |
| Furniture and vehicles | 24 | €9,409 | €1,616 | -€7,793 | -82.8% |
| Current assets | 29/58 | €454,122 | €550,497 | +€96,375 | +21.2% |
| Amounts receivable within one year | 40/41 | €9,642 | €18,212 | +€8,570 | +88.9% |
| Trade receivables | 40 | €7,550 | €18,162 | +€10,612 | +141% |
| Other amounts receivable | 41 | €2,092 | €50 | -€2,042 | -97.6% |
| Current investments | 50/53 | €428,067 | €520,888 | +€92,821 | +21.7% |
| Cash at bank and in hand | 54/58 | €15,972 | €10,093 | -€5,879 | -36.8% |
| Deferred charges and accrued income | 490/1 | €441 | €1,304 | +€863 | +196% |
| Total equity and liabilities | 10/49 | €464,239 | €555,999 | +€91,760 | +19.8% |
| Equity | 10/15 | €444,897 | €529,253 | +€84,355 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €426,297 | €510,653 | +€84,355 | +19.8% |
| Distributable reserves | 133 | €426,297 | €510,653 | +€84,355 | +19.8% |
| Amounts payable | 17/49 | €19,342 | €26,747 | +€7,405 | +38.3% |
| Amounts payable within one year | 42/48 | €19,342 | €26,747 | +€7,405 | +38.3% |
| Trade debts | 44 | €1,717 | €899 | -€818 | -47.7% |
| Suppliers | 440/4 | €1,717 | €899 | -€818 | -47.7% |
| Taxes, remuneration and social security | 45 | €4,040 | €12,263 | +€8,223 | +204% |
| Taxes | 450/3 | €4,040 | €12,263 | +€8,223 | +204% |
| Other amounts payable | 47/48 | €13,585 | €13,585 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,134 | €8,792 | -€343 | -3.7% |
| Other operating charges | 640/8 | €1,532 | €1,410 | -€122 | -7.9% |
| Gross operating margin | 9900 | €96,254 | €124,402 | +€28,148 | +29.2% |
| Operating profit (loss) | 9901 | €85,588 | €114,200 | +€28,613 | +33.4% |
| Financial income | 75/76B | €3,465 | €6,250 | +€2,785 | +80.4% |
| Recurring financial income | 75 | €3,465 | €6,250 | +€2,785 | +80.4% |
| Financial charges | 65/66B | €90 | €90 | +€0 | +0.1% |
| Recurring financial charges | 65 | €90 | €90 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €88,962 | €120,360 | +€31,398 | +35.3% |
| Income taxes | 67/77 | €23,898 | €36,004 | +€12,107 | +50.7% |
| Profit (loss) for the period | 9904 | €65,064 | €84,355 | +€19,291 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,064 | €84,355 | +€19,291 | +29.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.