EuroCommerce: 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.
EuroCommerce
Largest movements
- Cash +€140,562
up €140,562 (+5.0%), from €2.8m to €3.0m
mainly Net result for the year (+€71,189) and Provisions (+€57,290)
- Profit (loss) carried forward +€71,189
up €71,189 (+3.3%), from €2.2m to €2.2m
- Provisions +€57,290
up €57,290 (+7.7%), from €746,944 to €804,234
- Debts within one year +€47,852
up €47,852 (+7.5%), from €639,278 to €687,130
of which Trade debts: +€36,667
- Staff costs +€344,733
up €344,733 (+14.6%), from €2.4m to €2.7m
- Gross operating margin +€159,590
up €159,590 (+6.0%), from €2.6m to €2.8m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,891,201 | €4,047,695 | +€156,494 | +4.0% |
| Fixed assets | 21/28 | €38,071 | €15,888 | -€22,183 | -58.3% |
| Tangible fixed assets | 22/27 | €38,071 | €15,888 | -€22,183 | -58.3% |
| Furniture and vehicles | 24 | €38,071 | €15,888 | -€22,183 | -58.3% |
| Current assets | 29/58 | €3,853,130 | €4,031,806 | +€178,677 | +4.6% |
| Amounts receivable within one year | 40/41 | €102,531 | €140,311 | +€37,781 | +36.8% |
| Trade receivables | 40 | €89,531 | €129,311 | +€39,781 | +44.4% |
| Other amounts receivable | 41 | €13,000 | €11,000 | -€2,000 | -15.4% |
| Current investments | 50/53 | €874,369 | €877,052 | +€2,683 | +0.3% |
| Cash at bank and in hand | 54/58 | €2,813,079 | €2,953,641 | +€140,562 | +5.0% |
| Deferred charges and accrued income | 490/1 | €63,150 | €60,801 | -€2,349 | -3.7% |
| Total equity and liabilities | 10/49 | €3,891,201 | €4,047,695 | +€156,494 | +4.0% |
| Equity | 10/15 | €2,256,673 | €2,327,861 | +€71,189 | +3.2% |
| Reserves | 13 | €94,967 | €94,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,161,706 | €2,232,894 | +€71,189 | +3.3% |
| Provisions and deferred taxes | 16 | €746,944 | €804,234 | +€57,290 | +7.7% |
| Provisions for liabilities and charges | 160/5 | €746,944 | €804,234 | +€57,290 | +7.7% |
| Pensions and similar obligations | 160 | €746,944 | €804,234 | +€57,290 | +7.7% |
| Amounts payable | 17/49 | €887,585 | €915,600 | +€28,015 | +3.2% |
| Amounts payable within one year | 42/48 | €639,278 | €687,130 | +€47,852 | +7.5% |
| Trade debts | 44 | €336,671 | €373,338 | +€36,667 | +10.9% |
| Suppliers | 440/4 | €336,671 | €373,338 | +€36,667 | +10.9% |
| Taxes, remuneration and social security | 45 | €256,279 | €265,428 | +€9,149 | +3.6% |
| Remuneration and social security | 454/9 | €256,279 | €265,428 | +€9,149 | +3.6% |
| Accrued charges and deferred income | 492/3 | €248,307 | €228,470 | -€19,837 | -8.0% |
| Remuneration, social security and pensions | 62 | €2,360,843 | €2,705,577 | +€344,733 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,287 | €23,084 | -€21,204 | -47.9% |
| Gross operating margin | 9900 | €2,638,625 | €2,798,215 | +€159,590 | +6.0% |
| Operating profit (loss) | 9901 | €233,494 | €69,555 | -€163,939 | -70.2% |
| Financial income | 75/76B | €1,643 | €3,892 | +€2,249 | +136.9% |
| Recurring financial income | 75 | €1,643 | €3,892 | +€2,249 | +136.9% |
| Financial charges | 65/66B | €623 | €2,257 | +€1,634 | +262.1% |
| Recurring financial charges | 65 | €623 | €2,257 | +€1,634 | +262.1% |
| Profit (loss) for the period before taxes | 9903 | €234,513 | €71,189 | -€163,325 | -69.6% |
| Profit (loss) for the period | 9904 | €234,513 | €71,189 | -€163,325 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €234,513 | €71,189 | -€163,325 | -69.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.