EUROGIPS: 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.
EUROGIPS
Largest movements
- Deferred charges and accrued income -€49,717
down €49,717 (-95.2%), from €52,197 to €2,480
- Receivables within one year +€16,958
up €16,958 (+9.3%), from €182,583 to €199,541
of which Trade receivables: +€11,275
- Tangible fixed assets -€4,223
down €4,223 (-54.9%), from €7,695 to €3,473
of which Plant, machinery and equipment: -€3,112
- Trade debts -€39,245
down €39,245 (-26.3%), from €149,218 to €109,973
- Other debts +€24,525
up €24,525 (+22.1%), from €111,099 to €135,624
- Profit (loss) carried forward -€19,149
down €19,149 (-42.2%), from -€45,403 to -€64,552
- Purchases and services +€50,989
up €50,989 (+10.0%), from €509,865 to €560,854
- Gross operating margin -€35,823
down €35,823, from €29,377 to -€6,446
- Turnover +€26,517
up €26,517 (+5.0%), from €527,891 to €554,408
- Depreciation -€9,262
down €9,262 (-83.6%), from €11,074 to €1,812
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,048 | €216,545 | -€35,503 | -14.1% |
| Fixed assets | 21/28 | €12,789 | €8,567 | -€4,223 | -33.0% |
| Tangible fixed assets | 22/27 | €7,695 | €3,473 | -€4,223 | -54.9% |
| Plant, machinery and equipment | 23 | €5,388 | €2,276 | -€3,112 | -57.8% |
| Furniture and vehicles | 24 | €2,308 | €1,197 | -€1,111 | -48.1% |
| Financial fixed assets | 28 | €5,094 | €5,094 | = | 0.0% |
| Current assets | 29/58 | €239,259 | €207,979 | -€31,281 | -13.1% |
| Amounts receivable within one year | 40/41 | €182,583 | €199,541 | +€16,958 | +9.3% |
| Trade receivables | 40 | €182,485 | €193,760 | +€11,275 | +6.2% |
| Other amounts receivable | 41 | €98 | €5,781 | +€5,682 | +5,780% |
| Cash at bank and in hand | 54/58 | €4,479 | €5,957 | +€1,478 | +33.0% |
| Deferred charges and accrued income | 490/1 | €52,197 | €2,480 | -€49,717 | -95.2% |
| Total equity and liabilities | 10/49 | €252,048 | €216,545 | -€35,503 | -14.1% |
| Equity | 10/15 | -€9,943 | -€29,092 | -€19,149 | -193% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,403 | -€64,552 | -€19,149 | -42.2% |
| Amounts payable | 17/49 | €261,991 | €245,637 | -€16,355 | -6.2% |
| Amounts payable within one year | 42/48 | €261,991 | €245,637 | -€16,355 | -6.2% |
| Trade debts | 44 | €149,218 | €109,973 | -€39,245 | -26.3% |
| Suppliers | 440/4 | €149,218 | €109,973 | -€39,245 | -26.3% |
| Taxes, remuneration and social security | 45 | €1,674 | €40 | -€1,635 | -97.6% |
| Taxes | 450/3 | €1,674 | €40 | -€1,635 | -97.6% |
| Other amounts payable | 47/48 | €111,099 | €135,624 | +€24,525 | +22.1% |
| Turnover | 70 | €527,891 | €554,408 | +€26,517 | +5.0% |
| Non-recurring operating income | 76A | €11,351 | - | -€11,351 | |
| Goods, raw materials, services and sundry goods | 60/61 | €509,865 | €560,854 | +€50,989 | +10.0% |
| Remuneration, social security and pensions | 62 | €801 | - | -€801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,074 | €1,812 | -€9,262 | -83.6% |
| Other operating charges | 640/8 | €2,401 | €5,101 | +€2,700 | +112% |
| Non-recurring operating charges | 66A | - | €4,911 | +€4,911 | |
| Gross operating margin | 9900 | €29,377 | -€6,446 | -€35,823 | |
| Operating profit (loss) | 9901 | €15,101 | -€18,269 | -€33,371 | |
| Financial income | 75/76B | €13 | €155 | +€142 | +1,089% |
| Recurring financial income | 75 | €13 | €155 | +€142 | +1,089% |
| Financial charges | 65/66B | €1,486 | €1,034 | -€451 | -30.4% |
| Recurring financial charges | 65 | €1,236 | €1,034 | -€201 | -16.3% |
| Non-recurring financial charges | 66B | €250 | - | -€250 | |
| Profit (loss) for the period before taxes | 9903 | €13,629 | -€19,149 | -€32,777 | |
| Income taxes | 67/77 | €751 | - | -€751 | |
| Profit (loss) for the period | 9904 | €12,878 | -€19,149 | -€32,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,878 | -€19,149 | -€32,026 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.