EUROGYN: 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.
EUROGYN
Largest movements
- Cash -€63,644
down €63,644 (-55.5%), from €114,651 to €51,007
mainly Contributions, distributions and other (-€314,355) and Receivables within one year (-€27,567)
- Receivables within one year +€27,567
up €27,567 (+14.7%), from €187,192 to €214,759
of which Other amounts receivable: +€26,115
- Tangible fixed assets -€15,258
down €15,258 (-28.1%), from €54,276 to €39,019
of which Furniture and vehicles: -€17,773
- Deferred charges and accrued income +€10,029
up €10,029 (+17.5%), from €57,405 to €67,434
- Profit (loss) carried forward -€213,124
no longer reported in 2025 (was €213,124)
- Other debts +€146,502
up €146,502 (+121.4%), from €120,700 to €267,202
- Tax, wage and social debts +€27,211
up €27,211 (+119.7%), from €22,727 to €49,939
of which Taxes: +€25,822
- Debts after one year -€13,042
down €13,042 (-62.7%), from €20,800 to €7,758
- Current portion of long-term debt +€12,318
up €12,318 (+96.8%), from €12,724 to €25,042
- Gross operating margin +€3,964
up €3,964 (+2.4%), from €168,602 to €172,567
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.
Cash bridge derived
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 | €413,694 | €372,389 | -€41,305 | -10.0% |
| Fixed assets | 21/28 | €54,446 | €39,188 | -€15,258 | -28.0% |
| Tangible fixed assets | 22/27 | €54,276 | €39,019 | -€15,258 | -28.1% |
| Plant, machinery and equipment | 23 | €10,474 | €12,989 | +€2,515 | +24.0% |
| Furniture and vehicles | 24 | €43,803 | €26,030 | -€17,773 | -40.6% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €359,248 | €333,200 | -€26,048 | -7.3% |
| Amounts receivable within one year | 40/41 | €187,192 | €214,759 | +€27,567 | +14.7% |
| Trade receivables | 40 | - | €1,452 | +€1,452 | |
| Other amounts receivable | 41 | €187,192 | €213,307 | +€26,115 | +14.0% |
| Cash at bank and in hand | 54/58 | €114,651 | €51,007 | -€63,644 | -55.5% |
| Deferred charges and accrued income | 490/1 | €57,405 | €67,434 | +€10,029 | +17.5% |
| Total equity and liabilities | 10/49 | €413,694 | €372,389 | -€41,305 | -10.0% |
| Equity | 10/15 | €233,584 | €20,460 | -€213,124 | -91.2% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €213,124 | - | -€213,124 | |
| Amounts payable | 17/49 | €180,110 | €351,929 | +€171,819 | +95.4% |
| Amounts payable after more than one year | 17 | €20,800 | €7,758 | -€13,042 | -62.7% |
| Financial debts | 170/4 | €20,800 | €7,758 | -€13,042 | -62.7% |
| Amounts payable within one year | 42/48 | €159,295 | €344,155 | +€184,860 | +116.0% |
| Current portion of amounts payable after more than one year | 42 | €12,724 | €25,042 | +€12,318 | +96.8% |
| Trade debts | 44 | €3,144 | €1,973 | -€1,171 | -37.3% |
| Suppliers | 440/4 | €3,144 | €1,973 | -€1,171 | -37.3% |
| Taxes, remuneration and social security | 45 | €22,727 | €49,939 | +€27,211 | +119.7% |
| Taxes | 450/3 | €22,727 | €48,550 | +€25,822 | +113.6% |
| Remuneration and social security | 454/9 | - | €1,389 | +€1,389 | |
| Other amounts payable | 47/48 | €120,700 | €267,202 | +€146,502 | +121.4% |
| Accrued charges and deferred income | 492/3 | €14 | €16 | +€1 | +8.2% |
| Remuneration, social security and pensions | 62 | €12,418 | €13,966 | +€1,547 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,453 | €21,356 | +€903 | +4.4% |
| Other operating charges | 640/8 | €493 | €383 | -€110 | -22.3% |
| Gross operating margin | 9900 | €168,602 | €172,567 | +€3,964 | +2.4% |
| Operating profit (loss) | 9901 | €135,237 | €136,862 | +€1,624 | +1.2% |
| Financial income | 75/76B | €110 | €164 | +€54 | +48.6% |
| Recurring financial income | 75 | €110 | €164 | +€54 | +48.6% |
| Financial charges | 65/66B | €2,747 | €2,095 | -€652 | -23.7% |
| Recurring financial charges | 65 | €2,747 | €2,095 | -€652 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €132,601 | €134,930 | +€2,329 | +1.8% |
| Income taxes | 67/77 | €32,588 | €33,700 | +€1,112 | +3.4% |
| Profit (loss) for the period | 9904 | €100,013 | €101,231 | +€1,218 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,013 | €101,231 | +€1,218 | +1.2% |
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 9 October 2026 via checked.be.