EUROFLEET CONSULT: 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.
EUROFLEET CONSULT
Largest movements
- Cash -€60,755
down €60,755 (-58.7%), from €103,477 to €42,722
mainly Investment in fixed assets (net) (-€131,437) and Other debts (-€76,410)
- Intangible fixed assets -€50,035
down €50,035 (-12.7%), from €394,558 to €344,523
- Receivables within one year +€16,597
up €16,597 (+2.6%), from €633,317 to €649,914
of which Trade receivables: +€15,309
- Tangible fixed assets -€12,582
down €12,582 (-17.7%), from €70,916 to €58,334
of which Other tangible fixed assets: -€14,014
- Other debts -€76,410
down €76,410 (-77.6%), from €98,500 to €22,090
- Profit (loss) carried forward +€72,416
up €72,416 (+41.2%), from €175,937 to €248,353
- Trade debts -€70,783
down €70,783 (-13.9%), from €509,879 to €439,096
- Tax, wage and social debts +€57,402
up €57,402 (+156%), from €36,746 to €94,148
of which Taxes: +€44,763
- Accrued charges and deferred income -€54,772
down €54,772 (-44.6%), from €122,923 to €68,151
- Staff costs +€95,650
up €95,650 (+44.2%), from €216,314 to €311,965
- Gross operating margin +€82,327
up €82,327 (+15.3%), from €537,079 to €619,405
- Depreciation +€24,649
up €24,649 (+14.6%), from €169,405 to €194,054
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 | €1,226,515 | €1,118,916 | -€107,599 | -8.8% |
| Fixed assets | 21/28 | €488,896 | €426,280 | -€62,617 | -12.8% |
| Intangible fixed assets | 21 | €394,558 | €344,523 | -€50,035 | -12.7% |
| Tangible fixed assets | 22/27 | €70,916 | €58,334 | -€12,582 | -17.7% |
| Furniture and vehicles | 24 | €2,728 | €4,161 | +€1,433 | +52.5% |
| Other tangible fixed assets | 26 | €68,188 | €54,173 | -€14,014 | -20.6% |
| Financial fixed assets | 28 | €23,423 | €23,423 | = | 0.0% |
| Current assets | 29/58 | €737,619 | €692,636 | -€44,982 | -6.1% |
| Amounts receivable within one year | 40/41 | €633,317 | €649,914 | +€16,597 | +2.6% |
| Trade receivables | 40 | €616,148 | €631,457 | +€15,309 | +2.5% |
| Other amounts receivable | 41 | €17,169 | €18,457 | +€1,288 | +7.5% |
| Cash at bank and in hand | 54/58 | €103,477 | €42,722 | -€60,755 | -58.7% |
| Deferred charges and accrued income | 490/1 | €825 | - | -€825 | |
| Total equity and liabilities | 10/49 | €1,226,515 | €1,118,916 | -€107,599 | -8.8% |
| Equity | 10/15 | €404,099 | €476,515 | +€72,416 | +17.9% |
| Contributions | 10/11 | €198,162 | €198,162 | = | 0.0% |
| Capital | 10 | €198,162 | €198,162 | = | 0.0% |
| Issued capital | 100 | €198,162 | €198,162 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,937 | €248,353 | +€72,416 | +41.2% |
| Amounts payable | 17/49 | €822,416 | €642,401 | -€180,014 | -21.9% |
| Amounts payable after more than one year | 17 | €18,917 | - | -€18,917 | |
| Financial debts | 170/4 | €18,917 | - | -€18,917 | |
| Amounts payable within one year | 42/48 | €680,575 | €574,250 | -€106,325 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €35,450 | €18,917 | -€16,533 | -46.6% |
| Trade debts | 44 | €509,879 | €439,096 | -€70,783 | -13.9% |
| Suppliers | 440/4 | €509,879 | €439,096 | -€70,783 | -13.9% |
| Taxes, remuneration and social security | 45 | €36,746 | €94,148 | +€57,402 | +156% |
| Taxes | 450/3 | - | €44,763 | +€44,763 | |
| Remuneration and social security | 454/9 | €36,746 | €49,385 | +€12,639 | +34.4% |
| Other amounts payable | 47/48 | €98,500 | €22,090 | -€76,410 | -77.6% |
| Accrued charges and deferred income | 492/3 | €122,923 | €68,151 | -€54,772 | -44.6% |
| Remuneration, social security and pensions | 62 | €216,314 | €311,965 | +€95,650 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,405 | €194,054 | +€24,649 | +14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,100 | - | -€2,100 | |
| Other operating charges | 640/8 | €1,060 | €1,142 | +€82 | +7.7% |
| Gross operating margin | 9900 | €537,079 | €619,405 | +€82,327 | +15.3% |
| Operating profit (loss) | 9901 | €148,199 | €112,245 | -€35,954 | -24.3% |
| Financial income | 75/76B | €1 | €31 | +€30 | +2,637% |
| Recurring financial income | 75 | €1 | €31 | +€30 | +2,637% |
| Financial charges | 65/66B | €8,916 | €11,573 | +€2,657 | +29.8% |
| Recurring financial charges | 65 | €8,916 | €11,573 | +€2,657 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €139,285 | €100,703 | -€38,581 | -27.7% |
| Income taxes | 67/77 | €33,169 | €28,288 | -€4,881 | -14.7% |
| Profit (loss) for the period | 9904 | €106,115 | €72,416 | -€33,700 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €106,115 | €72,416 | -€33,700 | -31.8% |
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 27 October 2026 via checked.be.