EUROGRIP TECHNICS: 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.
EUROGRIP TECHNICS
Largest movements
- Cash -€108,731
down €108,731 (-71.4%), from €152,359 to €43,628
mainly Investment in fixed assets (net) (-€207,595) and Current investments (-€81,115)
- Current investments +€81,115
new in 2025: €81,115
- Receivables within one year -€69,451
down €69,451 (-31.3%), from €221,871 to €152,420
of which Other amounts receivable: -€37,348
- Tangible fixed assets +€54,925
up €54,925 (+17.6%), from €311,203 to €366,128
of which Plant, machinery and equipment: +€63,239
- Other debts -€75,000
no longer reported in 2025 (was €75,000)
- Reserves +€41,964
up €41,964 (+10.7%), from €392,341 to €434,305
- Current portion of long-term debt -€9,646
no longer reported in 2025 (was €9,646)
- Trade debts +€9,213
up €9,213 (+9.0%), from €102,857 to €112,070
- Tax, wage and social debts -€8,362
no longer reported in 2025 (was €8,362)
- Gross operating margin -€125,788
down €125,788 (-38.2%), from €329,451 to €203,663
- Taxes -€39,196
down €39,196 (-82.1%), from €47,749 to €8,553
- Depreciation +€19,584
up €19,584 (+14.7%), from €133,085 to €152,669
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 | €731,581 | €696,350 | -€35,231 | -4.8% |
| Fixed assets | 21/28 | €339,953 | €394,878 | +€54,925 | +16.2% |
| Tangible fixed assets | 22/27 | €311,203 | €366,128 | +€54,925 | +17.6% |
| Plant, machinery and equipment | 23 | €302,554 | €365,793 | +€63,239 | +20.9% |
| Furniture and vehicles | 24 | €8,648 | €335 | -€8,313 | -96.1% |
| Financial fixed assets | 28 | €28,750 | €28,750 | = | 0.0% |
| Current assets | 29/58 | €391,628 | €301,472 | -€90,156 | -23.0% |
| Amounts receivable within one year | 40/41 | €221,871 | €152,420 | -€69,451 | -31.3% |
| Trade receivables | 40 | €176,774 | €144,671 | -€32,103 | -18.2% |
| Other amounts receivable | 41 | €45,097 | €7,749 | -€37,348 | -82.8% |
| Current investments | 50/53 | - | €81,115 | +€81,115 | |
| Cash at bank and in hand | 54/58 | €152,359 | €43,628 | -€108,731 | -71.4% |
| Deferred charges and accrued income | 490/1 | €17,398 | €24,310 | +€6,911 | +39.7% |
| Total equity and liabilities | 10/49 | €731,581 | €696,350 | -€35,231 | -4.8% |
| Equity | 10/15 | €533,008 | €574,972 | +€41,964 | +7.9% |
| Contributions | 10/11 | €140,667 | €140,667 | = | 0.0% |
| Reserves | 13 | €392,341 | €434,305 | +€41,964 | +10.7% |
| Distributable reserves | 133 | €392,341 | €434,305 | +€41,964 | +10.7% |
| Amounts payable | 17/49 | €198,573 | €121,378 | -€77,195 | -38.9% |
| Amounts payable within one year | 42/48 | €198,573 | €121,378 | -€77,195 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €9,646 | - | -€9,646 | |
| Financial debts | 43 | €2,708 | €9,308 | +€6,600 | +244% |
| Credit institutions | 430/8 | €2,708 | €9,308 | +€6,600 | +244% |
| Trade debts | 44 | €102,857 | €112,070 | +€9,213 | +9.0% |
| Suppliers | 440/4 | €102,857 | €112,070 | +€9,213 | +9.0% |
| Taxes, remuneration and social security | 45 | €8,362 | - | -€8,362 | |
| Taxes | 450/3 | €8,362 | - | -€8,362 | |
| Other amounts payable | 47/48 | €75,000 | - | -€75,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,085 | €152,669 | +€19,584 | +14.7% |
| Other operating charges | 640/8 | €620 | €615 | -€5 | -0.8% |
| Gross operating margin | 9900 | €329,451 | €203,663 | -€125,788 | -38.2% |
| Operating profit (loss) | 9901 | €195,745 | €50,378 | -€145,367 | -74.3% |
| Financial income | 75/76B | €606 | €3,812 | +€3,206 | +529% |
| Recurring financial income | 75 | €606 | €3,812 | +€3,206 | +529% |
| Financial charges | 65/66B | €3,579 | €3,673 | +€94 | +2.6% |
| Recurring financial charges | 65 | €3,579 | €3,673 | +€94 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €192,771 | €50,517 | -€142,254 | -73.8% |
| Income taxes | 67/77 | €47,749 | €8,553 | -€39,196 | -82.1% |
| Profit (loss) for the period | 9904 | €145,022 | €41,964 | -€103,058 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €145,022 | €41,964 | -€103,058 | -71.1% |
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 24 October 2026 via checked.be.