EURODIN: 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.
EURODIN
Largest movements
- Tangible fixed assets -€46,426
down €46,426 (-26.5%), from €174,915 to €128,489
of which Furniture and vehicles: -€26,100
- Receivables within one year -€7,647
down €7,647 (-43.8%), from €17,460 to €9,813
- Cash +€4,065
up €4,065 (+231%), from €1,756 to €5,821
mainly Depreciation (+€50,726) and Receivables within one year (+€7,647)
- Current portion of long-term debt -€26,344
no longer reported in 2025 (was €26,344)
- Profit (loss) carried forward -€13,891
down €13,891 (-64.2%), from -€21,628 to -€35,520
- Tax, wage and social debts -€11,193
down €11,193 (-85.3%), from €13,120 to €1,927
- Gross operating margin +€5,902
up €5,902 (+18.3%), from €32,336 to €38,239
- Depreciation -€1,667
down €1,667 (-3.2%), from €52,393 to €50,726
- Financial charges -€475
down €475 (-57.9%), from €820 to €345
- Other operating charges +€436
up €436 (+95.3%), from €458 to €894
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 | €195,917 | €144,247 | -€51,669 | -26.4% |
| Fixed assets | 21/28 | €174,915 | €128,489 | -€46,426 | -26.5% |
| Tangible fixed assets | 22/27 | €174,915 | €128,489 | -€46,426 | -26.5% |
| Plant, machinery and equipment | 23 | €20,519 | €12,599 | -€7,920 | -38.6% |
| Furniture and vehicles | 24 | €84,823 | €58,723 | -€26,100 | -30.8% |
| Other tangible fixed assets | 26 | €69,572 | €57,166 | -€12,406 | -17.8% |
| Current assets | 29/58 | €21,002 | €15,759 | -€5,243 | -25.0% |
| Amounts receivable within one year | 40/41 | €17,460 | €9,813 | -€7,647 | -43.8% |
| Trade receivables | 40 | €17,460 | €9,813 | -€7,647 | -43.8% |
| Cash at bank and in hand | 54/58 | €1,756 | €5,821 | +€4,065 | +231% |
| Deferred charges and accrued income | 490/1 | €1,785 | €125 | -€1,661 | -93.0% |
| Total equity and liabilities | 10/49 | €195,917 | €144,247 | -€51,669 | -26.4% |
| Equity | 10/15 | €139,003 | €125,112 | -€13,891 | -10.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €140,632 | €140,632 | = | 0.0% |
| Distributable reserves | 133 | €140,632 | €140,632 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,628 | -€35,520 | -€13,891 | -64.2% |
| Amounts payable | 17/49 | €56,913 | €19,135 | -€37,778 | -66.4% |
| Amounts payable within one year | 42/48 | €56,913 | €19,135 | -€37,778 | -66.4% |
| Current portion of amounts payable after more than one year | 42 | €26,344 | - | -€26,344 | |
| Taxes, remuneration and social security | 45 | €13,120 | €1,927 | -€11,193 | -85.3% |
| Taxes | 450/3 | €13,120 | €1,927 | -€11,193 | -85.3% |
| Other amounts payable | 47/48 | €17,449 | €17,208 | -€241 | -1.4% |
| Non-recurring operating income | 76A | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,393 | €50,726 | -€1,667 | -3.2% |
| Other operating charges | 640/8 | €458 | €894 | +€436 | +95.3% |
| Gross operating margin | 9900 | €32,336 | €38,239 | +€5,902 | +18.3% |
| Operating profit (loss) | 9901 | -€20,514 | -€13,381 | +€7,134 | +34.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -92.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -92.9% |
| Financial charges | 65/66B | €820 | €345 | -€475 | -57.9% |
| Recurring financial charges | 65 | €820 | €345 | -€475 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,335 | -€13,726 | +€7,609 | +35.7% |
| Income taxes | 67/77 | €294 | €166 | -€128 | -43.6% |
| Profit (loss) for the period | 9904 | -€21,628 | -€13,891 | +€7,737 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,628 | -€13,891 | +€7,737 | +35.8% |
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.