EURODAL: 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.
What changed
EURODAL
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€133,956
2024 · €542,965-€409,009
Equity
€1.5m
2024 · €3.7m-€2.2m
Cash
€355,792
2024 · €369,415-€13,623
Balance sheet total
€4.9m
2024 · €6.1m-€1.2m
Largest movements
Assets
- Financial fixed assets -€680,278
down €680,278 (-29.1%), from €2.3m to €1.7m
- Stocks and contracts -€282,240
down €282,240 (-21.5%), from €1.3m to €1.0m
of which Contracts in progress: -€278,079
- Receivables within one year -€193,625
down €193,625 (-9.9%), from €2.0m to €1.8m
of which Trade receivables: -€792,003
Equity and liabilities
- Other debts +€2.5m
up €2.5m, from €0 to €2.5m
- Reserves -€2.3m
down €2.3m (-63.2%), from €3.6m to €1.3m
of which Distributable reserves: -€2.3m
- Trade debts -€1.1m
down €1.1m (-71.8%), from €1.6m to €446,059
- Advances received -€343,564
down €343,564 (-55.0%), from €625,111 to €281,547
- Profit (loss) carried forward +€133,956
new in 2025: €133,956
Income statement
- Goods and materials +€5.4m
new in 2025: €5.4m
of which Purchases: +€5.5m
- Services and other goods +€1.6m
new in 2025: €1.6m
- Gross operating margin -€1.3m
no longer reported in 2025 (was €1.3m)
- Other operating income +€136,656
new in 2025: €136,656
- Taxes -€129,725
down €129,725 (-68.7%), from €188,778 to €59,052
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
€542,965
Turnover
-€120,324
Other operating income
+€136,656
Goods and materials
-€5.4m
Services and other goods
-€1.6m
Staff costs
-€85,417
Depreciation
+€5,619
Write-downs
-€10,669
Other operating charges
+€10,298
Other operating items
+€6.6m
Financial income
+€381
Financial charges
-€7,598
Taxes
+€129,725
Result 2025
€133,956
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
+€676,958
Financing
-€2.4m
Cash 2024
€369,415
From operations (derived)
+€1.7m
Net result for the year
+€133,956
Depreciation
+€56,267
Stocks and contracts
+€282,240
Receivables within one year
+€193,625
Deferred charges and accrued income
+€24,925
Trade debts
-€1.1m
Tax, wage and social debts
+€10,558
Advances received
-€343,564
Other debts
+€2.5m
Accrued charges and deferred income
-€796
Investment (derived)
+€676,958
Investment in fixed assets (net)
+€676,958
Financing
-€2.4m
Short-term financial debts
-€94,343
Contributions, distributions and other
-€2.3m
Cash 2025
€355,792
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,137,392 | €4,889,753 | -€1.2m | -20.3% |
| Fixed assets | 21/28 | €2,462,004 | €1,728,779 | -€733,225 | -29.8% |
| Intangible fixed assets | 21 | €2,748 | €1,748 | -€1,000 | -36.4% |
| Tangible fixed assets | 22/27 | €120,555 | €68,608 | -€51,947 | -43.1% |
| Land and buildings | 22 | €108,139 | €64,770 | -€43,370 | -40.1% |
| Plant, machinery and equipment | 23 | €1,753 | €895 | -€857 | -48.9% |
| Furniture and vehicles | 24 | €10,663 | €2,943 | -€7,720 | -72.4% |
| Financial fixed assets | 28 | €2,338,701 | €1,658,423 | -€680,278 | -29.1% |
| Affiliated companies | 280/1 | - | €1,649,063 | +€1.6m | |
| Amounts receivable | 281 | - | €1,649,063 | +€1.6m | |
| Other financial fixed assets | 284/8 | - | €9,360 | +€9,360 | |
| Amounts receivable and cash guarantees | 285/8 | - | €9,360 | +€9,360 | |
| Current assets | 29/58 | €3,675,388 | €3,160,974 | -€514,414 | -14.0% |
| Stocks and contracts in progress | 3 | €1,314,039 | €1,031,799 | -€282,240 | -21.5% |
| Stocks | 30/36 | €926,070 | €921,909 | -€4,161 | -0.4% |
| Raw materials and consumables | 30/31 | - | €312,373 | +€312,373 | |
| Finished goods | 33 | - | €609,536 | +€609,536 | |
| Contracts in progress | 37 | €387,969 | €109,890 | -€278,079 | -71.7% |
| Amounts receivable within one year | 40/41 | €1,957,795 | €1,764,170 | -€193,625 | -9.9% |
| Trade receivables | 40 | €1,766,417 | €974,414 | -€792,003 | -44.8% |
| Other amounts receivable | 41 | €191,378 | €789,756 | +€598,377 | +313% |
| Cash at bank and in hand | 54/58 | €369,415 | €355,792 | -€13,623 | -3.7% |
| Deferred charges and accrued income | 490/1 | €34,138 | €9,214 | -€24,925 | -73.0% |
| Total equity and liabilities | 10/49 | €6,137,392 | €4,889,753 | -€1.2m | -20.3% |
| Equity | 10/15 | €3,704,056 | €1,538,012 | -€2.2m | -58.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,642,056 | €1,342,056 | -€2.3m | -63.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,635,856 | €1,335,856 | -€2.3m | -63.3% |
| Profit (loss) carried forward | 14 | - | €133,956 | +€133,956 | |
| Amounts payable | 17/49 | €2,433,336 | €3,351,741 | +€918,405 | +37.7% |
| Amounts payable within one year | 42/48 | €2,370,846 | €3,290,047 | +€919,201 | +38.8% |
| Financial debts | 43 | €102,812 | €8,469 | -€94,343 | -91.8% |
| Credit institutions | 430/8 | €102,812 | €8,469 | -€94,343 | -91.8% |
| Trade debts | 44 | €1,579,425 | €446,059 | -€1.1m | -71.8% |
| Suppliers | 440/4 | €1,579,425 | €446,059 | -€1.1m | -71.8% |
| Advances received on contracts in progress | 46 | €625,111 | €281,547 | -€343,564 | -55.0% |
| Taxes, remuneration and social security | 45 | €63,498 | €74,056 | +€10,558 | +16.6% |
| Taxes | 450/3 | €11,923 | - | -€11,923 | |
| Remuneration and social security | 454/9 | €51,575 | €74,056 | +€22,480 | +43.6% |
| Other amounts payable | 47/48 | €0 | €2,479,917 | +€2.5m | |
| Accrued charges and deferred income | 492/3 | €62,490 | €61,694 | -€796 | -1.3% |
| Operating income | 70/76A | - | €7,825,879 | +€7.8m | |
| Turnover | 70 | €8,149,980 | €8,029,656 | -€120,324 | -1.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | -€340,433 | -€340,433 | |
| Other operating income | 74 | - | €136,656 | +€136,656 | |
| Non-recurring operating income | 76A | €24,886 | - | -€24,886 | |
| Operating charges | 60/66A | - | €7,607,320 | +€7.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,865,095 | - | -€6.9m | |
| Goods for resale, raw materials and consumables | 60 | - | €5,428,091 | +€5.4m | |
| Purchases | 600/8 | - | €5,486,284 | +€5.5m | |
| Change in stocks: decrease (increase) | 609 | - | -€58,193 | -€58,193 | |
| Services and other goods | 61 | - | €1,641,847 | +€1.6m | |
| Remuneration, social security and pensions | 62 | €395,077 | €480,494 | +€85,417 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,886 | €56,267 | -€5,619 | -9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,570 | -€2,901 | +€10,669 | +78.6% |
| Other operating charges | 640/8 | €13,820 | €3,522 | -€10,298 | -74.5% |
| Non-recurring operating charges | 66A | €51,938 | - | -€51,938 | |
| Gross operating margin | 9900 | €1,259,226 | - | -€1.3m | |
| Operating profit (loss) | 9901 | €750,075 | €218,559 | -€531,517 | -70.9% |
| Financial income | 75/76B | €76 | €457 | +€381 | +501% |
| Recurring financial income | 75 | €76 | €457 | +€381 | +501% |
| Other financial income | 752/9 | - | €457 | +€457 | |
| Financial charges | 65/66B | €18,409 | €26,007 | +€7,598 | +41.3% |
| Recurring financial charges | 65 | €18,409 | €26,007 | +€7,598 | +41.3% |
| Debt charges | 650 | - | €6,187 | +€6,187 | |
| Other financial charges | 652/9 | - | €19,820 | +€19,820 | |
| Profit (loss) for the period before taxes | 9903 | €731,743 | €193,009 | -€538,734 | -73.6% |
| Income taxes | 67/77 | €188,778 | €59,052 | -€129,725 | -68.7% |
| Taxes | 670/3 | - | €60,000 | +€60,000 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €948 | +€948 | |
| Profit (loss) for the period | 9904 | €542,965 | €133,956 | -€409,009 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €542,965 | €133,956 | -€409,009 | -75.3% |
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 20 October 2026 via checked.be.