EUROCONTRACTOR: 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.
EUROCONTRACTOR
Largest movements
- Receivables within one year -€65,024
down €65,024 (-58.6%), from €110,953 to €45,929
of which Trade receivables: -€40,906
- Tangible fixed assets -€10,655
down €10,655 (-14.7%), from €72,625 to €61,970
of which Furniture and vehicles: -€7,058
- Cash +€7,535
up €7,535 (+84.7%), from €8,893 to €16,428
mainly Receivables within one year (+€65,024) and Other debts (+€41,170)
- Deferred charges and accrued income -€4,130
down €4,130 (-68.4%), from €6,040 to €1,910
- Trade debts -€105,291
down €105,291 (-77.7%), from €135,556 to €30,265
- Other debts +€41,170
up €41,170 (+688%), from €5,982 to €47,151
- Tax, wage and social debts -€11,147
down €11,147 (-11.9%), from €93,751 to €82,604
of which Remuneration and social security: -€6,044
- Gross operating margin -€96,983
down €96,983 (-33.3%), from €291,121 to €194,139
- Staff costs +€55,059
up €55,059 (+48.5%), from €113,590 to €168,649
- Taxes -€36,193
down €36,193 (-95.3%), from €37,980 to €1,787
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.
Derived cash bridge
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 | €359,887 | €285,185 | -€74,702 | -20.8% |
| Fixed assets | 21/28 | €100,141 | €87,058 | -€13,083 | -13.1% |
| Intangible fixed assets | 21 | €13,484 | €10,456 | -€3,028 | -22.5% |
| Tangible fixed assets | 22/27 | €72,625 | €61,970 | -€10,655 | -14.7% |
| Plant, machinery and equipment | 23 | €32,692 | €29,096 | -€3,596 | -11.0% |
| Furniture and vehicles | 24 | €39,933 | €32,875 | -€7,058 | -17.7% |
| Financial fixed assets | 28 | €14,031 | €14,631 | +€600 | +4.3% |
| Current assets | 29/58 | €259,746 | €198,127 | -€61,619 | -23.7% |
| Stocks and contracts in progress | 3 | €133,860 | €133,860 | = | 0.0% |
| Stocks | 30/36 | €133,860 | €133,860 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €110,953 | €45,929 | -€65,024 | -58.6% |
| Trade receivables | 40 | €85,717 | €44,811 | -€40,906 | -47.7% |
| Other amounts receivable | 41 | €25,236 | €1,119 | -€24,118 | -95.6% |
| Cash at bank and in hand | 54/58 | €8,893 | €16,428 | +€7,535 | +84.7% |
| Deferred charges and accrued income | 490/1 | €6,040 | €1,910 | -€4,130 | -68.4% |
| Total equity and liabilities | 10/49 | €359,887 | €285,185 | -€74,702 | -20.8% |
| Equity | 10/15 | €124,549 | €125,085 | +€536 | +0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €119,000 | €119,000 | = | 0.0% |
| Distributable reserves | 133 | €119,000 | €119,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €549 | €1,085 | +€536 | +97.6% |
| Amounts payable | 17/49 | €235,337 | €160,100 | -€75,238 | -32.0% |
| Amounts payable within one year | 42/48 | €235,337 | €160,100 | -€75,238 | -32.0% |
| Financial debts | 43 | €49 | €79 | +€30 | +61.3% |
| Credit institutions | 430/8 | €49 | €79 | +€30 | +61.3% |
| Trade debts | 44 | €135,556 | €30,265 | -€105,291 | -77.7% |
| Suppliers | 440/4 | €135,556 | €30,265 | -€105,291 | -77.7% |
| Taxes, remuneration and social security | 45 | €93,751 | €82,604 | -€11,147 | -11.9% |
| Taxes | 450/3 | €47,288 | €42,185 | -€5,103 | -10.8% |
| Remuneration and social security | 454/9 | €46,463 | €40,419 | -€6,044 | -13.0% |
| Other amounts payable | 47/48 | €5,982 | €47,151 | +€41,170 | +688% |
| Remuneration, social security and pensions | 62 | €113,590 | €168,649 | +€55,059 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,569 | €13,683 | +€1,114 | +8.9% |
| Other operating charges | 640/8 | €6,302 | €4,086 | -€2,215 | -35.2% |
| Non-recurring operating charges | 66A | - | €2,817 | +€2,817 | |
| Gross operating margin | 9900 | €291,121 | €194,139 | -€96,983 | -33.3% |
| Operating profit (loss) | 9901 | €158,661 | €4,903 | -€153,758 | -96.9% |
| Financial income | 75/76B | €131 | €1 | -€130 | -99.1% |
| Recurring financial income | 75 | €131 | €1 | -€130 | -99.1% |
| Financial charges | 65/66B | €1,263 | €2,581 | +€1,318 | +104% |
| Recurring financial charges | 65 | €1,263 | €2,581 | +€1,318 | +104% |
| Profit (loss) for the period before taxes | 9903 | €157,529 | €2,323 | -€155,206 | -98.5% |
| Income taxes | 67/77 | €37,980 | €1,787 | -€36,193 | -95.3% |
| Profit (loss) for the period | 9904 | €119,549 | €536 | -€119,013 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €119,549 | €536 | -€119,013 | -99.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.