EUROCLASS: 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.
EUROCLASS
Largest movements
- Receivables within one year +€12,558
up €12,558 (+2.9%), from €431,829 to €444,387
of which Trade receivables: +€32,520
- Other debts +€126,400
up €126,400 (+135.0%), from €93,600 to €220,000
- Profit (loss) carried forward -€62,289
down €62,289 (-97.4%), from €63,981 to €1,691
- Tax, wage and social debts -€26,714
down €26,714 (-48.6%), from €54,924 to €28,211
- Trade debts -€19,839
down €19,839 (-17.0%), from €116,629 to €96,789
- Provisions -€5,000
down €5,000 (-16.7%), from €30,000 to €25,000
- Gross operating margin +€79,988
up €79,988 (+66.1%), from €121,078 to €201,066
- Taxes +€28,461
up €28,461 (+105.0%), from €27,099 to €55,561
- Provisions -€25,000
down €25,000, from €20,000 to -€5,000
- Write-downs -€8,658
down €8,658, from €6,446 to -€2,213
- Financial income -€3,566
down €3,566 (-33.1%), from €10,775 to €7,209
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €431,829 | €444,387 | +€12,558 | +2.9% |
| Current assets | 29/58 | €431,829 | €444,387 | +€12,558 | +2.9% |
| Amounts receivable within one year | 40/41 | €431,829 | €444,387 | +€12,558 | +2.9% |
| Trade receivables | 40 | €115,782 | €148,303 | +€32,520 | +28.1% |
| Other amounts receivable | 41 | €316,047 | €296,084 | -€19,963 | -6.3% |
| Total equity and liabilities | 10/49 | €431,829 | €444,387 | +€12,558 | +2.9% |
| Equity | 10/15 | €136,676 | €74,387 | -€62,289 | -45.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €10,696 | €10,696 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,496 | €4,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,981 | €1,691 | -€62,289 | -97.4% |
| Provisions and deferred taxes | 16 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Other liabilities and charges | 164/5 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Amounts payable | 17/49 | €265,153 | €345,000 | +€79,847 | +30.1% |
| Amounts payable within one year | 42/48 | €265,153 | €345,000 | +€79,847 | +30.1% |
| Trade debts | 44 | €116,629 | €96,789 | -€19,839 | -17.0% |
| Suppliers | 440/4 | €116,629 | €96,789 | -€19,839 | -17.0% |
| Taxes, remuneration and social security | 45 | €54,924 | €28,211 | -€26,714 | -48.6% |
| Taxes | 450/3 | €54,924 | €28,211 | -€26,714 | -48.6% |
| Other amounts payable | 47/48 | €93,600 | €220,000 | +€126,400 | +135.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,446 | -€2,213 | -€8,658 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,000 | -€5,000 | -€25,000 | |
| Other operating charges | 640/8 | €2,744 | €1,505 | -€1,239 | -45.2% |
| Gross operating margin | 9900 | €121,078 | €201,066 | +€79,988 | +66.1% |
| Operating profit (loss) | 9901 | €91,888 | €206,774 | +€114,886 | +125.0% |
| Financial income | 75/76B | €10,775 | €7,209 | -€3,566 | -33.1% |
| Recurring financial income | 75 | €10,775 | €7,209 | -€3,566 | -33.1% |
| Financial charges | 65/66B | €905 | €711 | -€194 | -21.4% |
| Recurring financial charges | 65 | €905 | €711 | -€194 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €101,758 | €213,271 | +€111,513 | +109.6% |
| Income taxes | 67/77 | €27,099 | €55,561 | +€28,461 | +105.0% |
| Profit (loss) for the period | 9904 | €74,659 | €157,711 | +€83,052 | +111.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,659 | €157,711 | +€83,052 | +111.2% |
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 4 October 2026 via checked.be.