EUROFUN: 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.
EUROFUN
Largest movements
- Receivables after one year -€25,205
down €25,205 (-84.9%), from €29,671 to €4,466
- Cash +€2,376
up €2,376 (+4.1%), from €58,280 to €60,656
mainly Receivables after one year (+€25,205) and Net result for the year (+€11,709)
- Tangible fixed assets -€1,448
no longer reported in 2025 (was €1,448)
- Receivables within one year -€1,063
down €1,063 (-13.0%), from €8,168 to €7,104
of which Trade receivables: -€2,334
- Reserves -€13,592
down €13,592 (-17.9%), from €76,083 to €62,491
- Tax, wage and social debts -€10,015
down €10,015 (-88.8%), from €11,280 to €1,265
- Trade debts -€1,708
down €1,708 (-35.4%), from €4,823 to €3,115
- Gross operating margin -€12,476
down €12,476 (-38.1%), from €32,755 to €20,279
- Taxes -€3,750
down €3,750 (-37.4%), from €10,017 to €6,267
- Depreciation -€1,841
down €1,841 (-56.0%), from €3,289 to €1,448
- Other operating charges -€797
down €797 (-56.2%), from €1,419 to €622
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 | €97,934 | €72,619 | -€25,315 | -25.8% |
| Fixed assets | 21/28 | €1,448 | - | -€1,448 | |
| Tangible fixed assets | 22/27 | €1,448 | - | -€1,448 | |
| Furniture and vehicles | 24 | €1,448 | - | -€1,448 | |
| Current assets | 29/58 | €96,487 | €72,619 | -€23,868 | -24.7% |
| Amounts receivable after more than one year | 29 | €29,671 | €4,466 | -€25,205 | -84.9% |
| Other amounts receivable | 291 | €29,671 | €4,466 | -€25,205 | -84.9% |
| Amounts receivable within one year | 40/41 | €8,168 | €7,104 | -€1,063 | -13.0% |
| Trade receivables | 40 | €7,344 | €5,011 | -€2,334 | -31.8% |
| Other amounts receivable | 41 | €824 | €2,094 | +€1,270 | +154% |
| Cash at bank and in hand | 54/58 | €58,280 | €60,656 | +€2,376 | +4.1% |
| Deferred charges and accrued income | 490/1 | €368 | €393 | +€24 | +6.6% |
| Total equity and liabilities | 10/49 | €97,934 | €72,619 | -€25,315 | -25.8% |
| Equity | 10/15 | €81,831 | €68,240 | -€13,591 | -16.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €76,083 | €62,491 | -€13,592 | -17.9% |
| Distributable reserves | 133 | €76,083 | €62,491 | -€13,592 | -17.9% |
| Profit (loss) carried forward | 14 | €1,748 | €1,749 | +€1 | 0.0% |
| Amounts payable | 17/49 | €16,104 | €4,380 | -€11,724 | -72.8% |
| Amounts payable within one year | 42/48 | €16,104 | €4,380 | -€11,724 | -72.8% |
| Trade debts | 44 | €4,823 | €3,115 | -€1,708 | -35.4% |
| Suppliers | 440/4 | €4,823 | €3,115 | -€1,708 | -35.4% |
| Taxes, remuneration and social security | 45 | €11,280 | €1,265 | -€10,015 | -88.8% |
| Taxes | 450/3 | €11,280 | €1,265 | -€10,015 | -88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,289 | €1,448 | -€1,841 | -56.0% |
| Other operating charges | 640/8 | €1,419 | €622 | -€797 | -56.2% |
| Gross operating margin | 9900 | €32,755 | €20,279 | -€12,476 | -38.1% |
| Operating profit (loss) | 9901 | €28,047 | €18,210 | -€9,838 | -35.1% |
| Financial income | 75/76B | €519 | €378 | -€141 | -27.1% |
| Recurring financial income | 75 | €519 | €378 | -€141 | -27.1% |
| Financial charges | 65/66B | €659 | €612 | -€47 | -7.2% |
| Recurring financial charges | 65 | €659 | €612 | -€47 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €27,907 | €17,976 | -€9,931 | -35.6% |
| Income taxes | 67/77 | €10,017 | €6,267 | -€3,750 | -37.4% |
| Profit (loss) for the period | 9904 | €17,890 | €11,709 | -€6,181 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,890 | €11,709 | -€6,181 | -34.6% |
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 18 October 2026 via checked.be.