EUROCLOVIS: 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.
EUROCLOVIS
Largest movements
- Tangible fixed assets +€7,789
up €7,789 (+826%), from €943 to €8,732
- Receivables within one year -€1,455
down €1,455 (-16.8%), from €8,660 to €7,205
of which Other amounts receivable: -€1,122
- Cash -€1,328
down €1,328 (-99.7%), from €1,332 to €4
mainly Net result for the year (-€10,540) and Investment in fixed assets (net) (-€9,876)
- Short-term financial debts +€11,656
new in 2025: €11,656
- Profit (loss) carried forward -€10,540
down €10,540 (-200%), from -€5,271 to -€15,811
- Other debts +€10,152
up €10,152 (+85.3%), from €11,902 to €22,053
- Trade debts -€7,335
down €7,335 (-48.1%), from €15,240 to €7,905
- Tax, wage and social debts -€3,485
down €3,485 (-90.3%), from €3,859 to €374
- Gross operating margin +€9,634
up €9,634 (+70.8%), from -€13,605 to -€3,971
- Financial charges -€5,070
down €5,070 (-78.8%), from €6,430 to €1,360
- Other operating charges +€4,515
up €4,515 (+565%), from €800 to €5,314
- Financial income +€1,194
up €1,194 (+101%), from €1,183 to €2,377
- Taxes +€185
new in 2025: €185
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 | €44,330 | €49,029 | +€4,699 | +10.6% |
| Fixed assets | 21/28 | €1,031 | €8,820 | +€7,789 | +755% |
| Tangible fixed assets | 22/27 | €943 | €8,732 | +€7,789 | +826% |
| Furniture and vehicles | 24 | €943 | €8,732 | +€7,789 | +826% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €43,299 | €40,209 | -€3,090 | -7.1% |
| Amounts receivable after more than one year | 29 | €33,000 | €33,000 | = | 0.0% |
| Other amounts receivable | 291 | €33,000 | €33,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,660 | €7,205 | -€1,455 | -16.8% |
| Trade receivables | 40 | €7,538 | €7,205 | -€333 | -4.4% |
| Other amounts receivable | 41 | €1,122 | - | -€1,122 | |
| Cash at bank and in hand | 54/58 | €1,332 | €4 | -€1,328 | -99.7% |
| Deferred charges and accrued income | 490/1 | €307 | - | -€307 | |
| Total equity and liabilities | 10/49 | €44,330 | €49,029 | +€4,699 | +10.6% |
| Equity | 10/15 | €13,329 | €2,789 | -€10,540 | -79.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,271 | -€15,811 | -€10,540 | -200% |
| Amounts payable | 17/49 | €31,001 | €46,240 | +€15,239 | +49.2% |
| Amounts payable after more than one year | 17 | - | €2,261 | +€2,261 | |
| Financial debts | 170/4 | - | €2,261 | +€2,261 | |
| Amounts payable within one year | 42/48 | €31,001 | €43,979 | +€12,978 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | - | €1,991 | +€1,991 | |
| Financial debts | 43 | - | €11,656 | +€11,656 | |
| Credit institutions | 430/8 | - | €11,656 | +€11,656 | |
| Trade debts | 44 | €15,240 | €7,905 | -€7,335 | -48.1% |
| Suppliers | 440/4 | €15,240 | €7,905 | -€7,335 | -48.1% |
| Taxes, remuneration and social security | 45 | €3,859 | €374 | -€3,485 | -90.3% |
| Taxes | 450/3 | €3,859 | €374 | -€3,485 | -90.3% |
| Other amounts payable | 47/48 | €11,902 | €22,053 | +€10,152 | +85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,106 | €2,087 | -€19 | -0.9% |
| Other operating charges | 640/8 | €800 | €5,314 | +€4,515 | +565% |
| Gross operating margin | 9900 | -€13,605 | -€3,971 | +€9,634 | +70.8% |
| Operating profit (loss) | 9901 | -€16,510 | -€11,372 | +€5,138 | +31.1% |
| Financial income | 75/76B | €1,183 | €2,377 | +€1,194 | +101% |
| Recurring financial income | 75 | €1,183 | €2,377 | +€1,194 | +101% |
| Financial charges | 65/66B | €6,430 | €1,360 | -€5,070 | -78.8% |
| Recurring financial charges | 65 | €6,430 | €1,360 | -€5,070 | -78.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,758 | -€10,355 | +€11,403 | +52.4% |
| Income taxes | 67/77 | - | €185 | +€185 | |
| Profit (loss) for the period | 9904 | -€21,758 | -€10,540 | +€11,218 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,758 | -€10,540 | +€11,218 | +51.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.