EUROGESTION: 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.
EUROGESTION
Largest movements
- Receivables within one year +€4,495
up €4,495 (+58.2%), from €7,727 to €12,222
of which Trade receivables: +€6,499
- Tangible fixed assets -€1,088
down €1,088 (-32.4%), from €3,358 to €2,270
- Cash -€832
down €832 (-6.9%), from €12,109 to €11,277
mainly Receivables within one year (-€4,495) and Net result for the year (-€122)
- Trade debts +€1,591
up €1,591 (+13.2%), from €12,097 to €13,689
- Tax, wage and social debts +€1,136
up €1,136 (+196%), from €579 to €1,715
- Gross operating margin +€8,049
up €8,049, from -€480 to €7,569
- Financial charges +€2,497
up €2,497 (+164%), from €1,524 to €4,021
- Taxes +€1,136
up €1,136 (+196%), from €579 to €1,715
- Financial income -€397
down €397 (-65.1%), from €610 to €213
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 | €27,174 | €29,780 | +€2,606 | +9.6% |
| Fixed assets | 21/28 | €5,958 | €4,870 | -€1,088 | -18.3% |
| Tangible fixed assets | 22/27 | €3,358 | €2,270 | -€1,088 | -32.4% |
| Plant, machinery and equipment | 23 | €3,358 | €2,270 | -€1,088 | -32.4% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €21,216 | €24,910 | +€3,694 | +17.4% |
| Amounts receivable within one year | 40/41 | €7,727 | €12,222 | +€4,495 | +58.2% |
| Trade receivables | 40 | €2,790 | €9,289 | +€6,499 | +233% |
| Other amounts receivable | 41 | €4,937 | €2,932 | -€2,004 | -40.6% |
| Cash at bank and in hand | 54/58 | €12,109 | €11,277 | -€832 | -6.9% |
| Deferred charges and accrued income | 490/1 | €1,380 | €1,412 | +€32 | +2.3% |
| Total equity and liabilities | 10/49 | €27,174 | €29,780 | +€2,606 | +9.6% |
| Equity | 10/15 | €14,498 | €14,376 | -€122 | -0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €181 | €181 | = | 0.0% |
| Tax-exempt reserves | 132 | €181 | €181 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,275 | -€4,397 | -€122 | -2.8% |
| Amounts payable | 17/49 | €12,676 | €15,404 | +€2,728 | +21.5% |
| Amounts payable within one year | 42/48 | €12,676 | €15,404 | +€2,728 | +21.5% |
| Trade debts | 44 | €12,097 | €13,689 | +€1,591 | +13.2% |
| Suppliers | 440/4 | €12,097 | €13,689 | +€1,591 | +13.2% |
| Taxes, remuneration and social security | 45 | €579 | €1,715 | +€1,136 | +196% |
| Taxes | 450/3 | €579 | €1,715 | +€1,136 | +196% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €1,088 | = | 0.0% |
| Other operating charges | 640/8 | €1,077 | €1,080 | +€2 | +0.2% |
| Gross operating margin | 9900 | -€480 | €7,569 | +€8,049 | |
| Operating profit (loss) | 9901 | -€2,645 | €5,401 | +€8,046 | |
| Financial income | 75/76B | €610 | €213 | -€397 | -65.1% |
| Recurring financial income | 75 | €610 | €213 | -€397 | -65.1% |
| Financial charges | 65/66B | €1,524 | €4,021 | +€2,497 | +164% |
| Recurring financial charges | 65 | €1,524 | €4,021 | +€2,497 | +164% |
| Profit (loss) for the period before taxes | 9903 | -€3,558 | €1,593 | +€5,152 | |
| Income taxes | 67/77 | €579 | €1,715 | +€1,136 | +196% |
| Profit (loss) for the period | 9904 | -€4,137 | -€122 | +€4,016 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,137 | -€122 | +€4,016 | +97.1% |
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 26 October 2026 via checked.be.