EUROCOATING: 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.
What changed
EUROCOATING
NACE 43.240, Other construction installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€214,246
2024 · -€130,801-€83,444
Equity
€1.9m
2024 · €2.1m-€214,246
Cash
€971,659
2024 · €1.2m-€232,933
Balance sheet total
€2.3m
2024 · €2.4m-€166,225
Largest movements
Assets
- Cash -€232,933
down €232,933 (-19.3%), from €1.2m to €971,659
mainly Net result for the year (-€214,246) and Investment in fixed assets (net) (-€132,656)
- Receivables within one year +€67,265
up €67,265 (+34.2%), from €196,830 to €264,095
of which Trade receivables: +€54,795
Equity and liabilities
- Profit (loss) carried forward -€214,246
down €214,246 (-26.4%), from €810,584 to €596,338
- Trade debts +€68,840
up €68,840 (+78.8%), from €87,320 to €156,159
Income statement
- Gross operating margin -€122,663
down €122,663 (-10.6%), from €1.2m to €1.0m
- Staff costs -€42,387
down €42,387 (-4.0%), from €1.1m to €1.0m
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
-€130,801
Gross operating margin
-€122,663
Staff costs
+€42,387
Depreciation
-€6,371
Write-downs
+€11,269
Provisions
-€7,914
Other operating charges
+€3,767
Financial income
+€882
Financial charges
-€4,813
Taxes
+€11
Result 2025
-€214,246
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.
From operations
-€100,277
Investment
-€132,656
Financing
€0
Cash 2024
€1.2m
From operations (derived)
-€100,277
Net result for the year
-€214,246
Depreciation
+€140,629
Stocks and contracts
-€14,809
Receivables within one year
-€67,265
Deferred charges and accrued income
+€7,393
Provisions
-€5,020
Trade debts
+€68,840
Tax, wage and social debts
-€17,764
Accrued charges and deferred income
+€1,966
Investment (derived)
-€132,656
Investment in fixed assets (net)
-€132,656
Cash 2025
€971,659
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,435,897 | €2,269,672 | -€166,225 | -6.8% |
| Fixed assets | 21/28 | €843,932 | €835,959 | -€7,972 | -0.9% |
| Intangible fixed assets | 21 | €15,598 | €5,969 | -€9,630 | -61.7% |
| Tangible fixed assets | 22/27 | €828,148 | €829,806 | +€1,657 | +0.2% |
| Land and buildings | 22 | €271,674 | €269,519 | -€2,155 | -0.8% |
| Plant, machinery and equipment | 23 | €547,287 | €535,848 | -€11,439 | -2.1% |
| Furniture and vehicles | 24 | €9,187 | €24,439 | +€15,251 | +166.0% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €1,591,965 | €1,433,713 | -€158,252 | -9.9% |
| Stocks and contracts in progress | 3 | €134,821 | €149,630 | +€14,809 | +11.0% |
| Stocks | 30/36 | €134,821 | €149,630 | +€14,809 | +11.0% |
| Amounts receivable within one year | 40/41 | €196,830 | €264,095 | +€67,265 | +34.2% |
| Trade receivables | 40 | €184,134 | €238,929 | +€54,795 | +29.8% |
| Other amounts receivable | 41 | €12,696 | €25,166 | +€12,470 | +98.2% |
| Cash at bank and in hand | 54/58 | €1,204,593 | €971,659 | -€232,933 | -19.3% |
| Deferred charges and accrued income | 490/1 | €55,722 | €48,329 | -€7,393 | -13.3% |
| Total equity and liabilities | 10/49 | €2,435,897 | €2,269,672 | -€166,225 | -6.8% |
| Equity | 10/15 | €2,133,439 | €1,919,193 | -€214,246 | -10.0% |
| Contributions | 10/11 | €645,000 | €645,000 | = | 0.0% |
| Capital | 10 | €645,000 | €645,000 | = | 0.0% |
| Issued capital | 100 | €645,000 | €645,000 | = | 0.0% |
| Reserves | 13 | €677,855 | €677,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €64,500 | €64,500 | = | 0.0% |
| Legal reserve | 130 | €64,500 | €64,500 | = | 0.0% |
| Distributable reserves | 133 | €613,355 | €613,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | €810,584 | €596,338 | -€214,246 | -26.4% |
| Provisions and deferred taxes | 16 | €59,972 | €54,952 | -€5,020 | -8.4% |
| Provisions for liabilities and charges | 160/5 | €59,972 | €54,952 | -€5,020 | -8.4% |
| Environmental obligations | 163 | €59,972 | €54,952 | -€5,020 | -8.4% |
| Amounts payable | 17/49 | €242,486 | €295,527 | +€53,041 | +21.9% |
| Amounts payable within one year | 42/48 | €210,314 | €261,389 | +€51,075 | +24.3% |
| Trade debts | 44 | €87,320 | €156,159 | +€68,840 | +78.8% |
| Suppliers | 440/4 | €87,320 | €156,159 | +€68,840 | +78.8% |
| Taxes, remuneration and social security | 45 | €122,994 | €105,230 | -€17,764 | -14.4% |
| Taxes | 450/3 | €20,936 | €18,544 | -€2,393 | -11.4% |
| Remuneration and social security | 454/9 | €102,058 | €86,686 | -€15,372 | -15.1% |
| Accrued charges and deferred income | 492/3 | €32,172 | €34,138 | +€1,966 | +6.1% |
| Remuneration, social security and pensions | 62 | €1,070,515 | €1,028,128 | -€42,387 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,258 | €140,629 | +€6,371 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,908 | €14,640 | -€11,269 | -43.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€12,934 | -€5,020 | +€7,914 | +61.2% |
| Other operating charges | 640/8 | €34,453 | €30,686 | -€3,767 | -10.9% |
| Gross operating margin | 9900 | €1,154,855 | €1,032,192 | -€122,663 | -10.6% |
| Operating profit (loss) | 9901 | -€97,344 | -€176,869 | -€79,525 | -81.7% |
| Financial income | 75/76B | €8,982 | €9,864 | +€882 | +9.8% |
| Recurring financial income | 75 | €8,982 | €9,864 | +€882 | +9.8% |
| Financial charges | 65/66B | €42,282 | €47,095 | +€4,813 | +11.4% |
| Recurring financial charges | 65 | €42,282 | €47,095 | +€4,813 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€130,644 | -€214,100 | -€83,456 | -63.9% |
| Income taxes | 67/77 | €157 | €146 | -€11 | -7.2% |
| Profit (loss) for the period | 9904 | -€130,801 | -€214,246 | -€83,444 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,801 | -€214,246 | -€83,444 | -63.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.