EUROCOMPETITION: 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.
EUROCOMPETITION
Largest movements
- Cash +€23,676
up €23,676 (+5.5%), from €427,507 to €451,183
mainly Other debts (+€15,809) and Net result for the year (+€13,396)
- Receivables within one year +€5,324
up €5,324 (+29.5%), from €18,052 to €23,376
of which Trade receivables: +€5,324
- Other debts +€15,809
up €15,809 (+10.9%), from €145,206 to €161,015
- Reserves +€13,000
up €13,000 (+4.8%), from €271,360 to €284,360
of which Distributable reserves: +€13,000
- Gross operating margin -€67,909
down €67,909 (-79.2%), from €85,722 to €17,813
- Taxes -€22,352
down €22,352 (-81.9%), from €27,297 to €4,945
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 | €445,559 | €474,559 | +€29,000 | +6.5% |
| Current assets | 29/58 | €445,559 | €474,559 | +€29,000 | +6.5% |
| Amounts receivable within one year | 40/41 | €18,052 | €23,376 | +€5,324 | +29.5% |
| Trade receivables | 40 | €8,349 | €13,673 | +€5,324 | +63.8% |
| Other amounts receivable | 41 | €9,703 | €9,703 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €427,507 | €451,183 | +€23,676 | +5.5% |
| Total equity and liabilities | 10/49 | €445,559 | €474,559 | +€29,000 | +6.5% |
| Equity | 10/15 | €292,242 | €305,637 | +€13,396 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €271,360 | €284,360 | +€13,000 | +4.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €269,500 | €282,500 | +€13,000 | +4.8% |
| Profit (loss) carried forward | 14 | €2,282 | €2,677 | +€396 | +17.3% |
| Amounts payable | 17/49 | €153,317 | €168,921 | +€15,605 | +10.2% |
| Amounts payable within one year | 42/48 | €153,317 | €168,921 | +€15,605 | +10.2% |
| Trade debts | 44 | €4,917 | €3,139 | -€1,778 | -36.2% |
| Suppliers | 440/4 | €4,917 | €3,139 | -€1,778 | -36.2% |
| Taxes, remuneration and social security | 45 | €3,194 | €4,768 | +€1,573 | +49.3% |
| Taxes | 450/3 | €3,194 | €4,768 | +€1,573 | +49.3% |
| Other amounts payable | 47/48 | €145,206 | €161,015 | +€15,809 | +10.9% |
| Gross operating margin | 9900 | €85,722 | €17,813 | -€67,909 | -79.2% |
| Operating profit (loss) | 9901 | €85,722 | €17,813 | -€67,909 | -79.2% |
| Financial income | 75/76B | €1,028 | €863 | -€165 | -16.1% |
| Recurring financial income | 75 | €1,028 | €863 | -€165 | -16.1% |
| Financial charges | 65/66B | €225 | €335 | +€111 | +49.3% |
| Recurring financial charges | 65 | €225 | €335 | +€111 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | €86,526 | €18,341 | -€68,185 | -78.8% |
| Income taxes | 67/77 | €27,297 | €4,945 | -€22,352 | -81.9% |
| Profit (loss) for the period | 9904 | €59,228 | €13,396 | -€45,833 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,228 | €13,396 | -€45,833 | -77.4% |
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 25 October 2026 via checked.be.