EUROLER: 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.
EUROLER
Largest movements
- Receivables within one year -€93,775
down €93,775 (-73.4%), from €127,844 to €34,069
of which Trade receivables: -€94,350
- Tangible fixed assets -€31,140
down €31,140 (-3.9%), from €793,913 to €762,773
of which Land and buildings: -€32,909
- Cash +€20,874
up €20,874 (+315%), from €6,637 to €27,511
mainly Receivables within one year (+€93,775) and Depreciation (+€47,142)
- Trade debts -€61,161
down €61,161 (-76.3%), from €80,196 to €19,035
- Profit (loss) carried forward -€49,674
down €49,674 (-18.0%), from -€275,489 to -€325,163
- Debts after one year -€43,958
down €43,958 (-14.9%), from €294,215 to €250,258
- Other debts +€42,591
up €42,591 (+8.0%), from €533,058 to €575,649
- Depreciation -€6,274
down €6,274 (-11.7%), from €53,416 to €47,142
- Taxes +€4,949
new in 2024: €4,949
- Financial charges +€1,752
up €1,752 (+7.0%), from €25,071 to €26,823
- Gross operating margin +€859
up €859 (+2.6%), from €32,690 to €33,548
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 | €1,071,873 | €961,214 | -€110,659 | -10.3% |
| Fixed assets | 21/28 | €805,912 | €774,772 | -€31,140 | -3.9% |
| Tangible fixed assets | 22/27 | €793,913 | €762,773 | -€31,140 | -3.9% |
| Land and buildings | 22 | €768,592 | €735,684 | -€32,909 | -4.3% |
| Plant, machinery and equipment | 23 | €25,239 | €27,089 | +€1,850 | +7.3% |
| Other tangible fixed assets | 26 | €81 | - | -€81 | |
| Financial fixed assets | 28 | €11,999 | €11,999 | = | 0.0% |
| Current assets | 29/58 | €265,961 | €186,441 | -€79,520 | -29.9% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €97,257 | €91,174 | -€6,083 | -6.3% |
| Stocks | 30/36 | €97,257 | €91,174 | -€6,083 | -6.3% |
| Amounts receivable within one year | 40/41 | €127,844 | €34,069 | -€93,775 | -73.4% |
| Trade receivables | 40 | €127,298 | €32,949 | -€94,350 | -74.1% |
| Other amounts receivable | 41 | €546 | €1,121 | +€575 | +105% |
| Cash at bank and in hand | 54/58 | €6,637 | €27,511 | +€20,874 | +315% |
| Deferred charges and accrued income | 490/1 | €9,223 | €8,687 | -€536 | -5.8% |
| Total equity and liabilities | 10/49 | €1,071,873 | €961,214 | -€110,659 | -10.3% |
| Equity | 10/15 | €109,111 | €59,437 | -€49,674 | -45.5% |
| Contributions | 10/11 | €329,000 | €329,000 | = | 0.0% |
| Capital | 10 | €329,000 | €329,000 | = | 0.0% |
| Issued capital | 100 | €329,000 | €329,000 | = | 0.0% |
| Reserves | 13 | €55,600 | €55,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,900 | €32,900 | = | 0.0% |
| Legal reserve | 130 | €32,900 | €32,900 | = | 0.0% |
| Distributable reserves | 133 | €22,700 | €22,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€275,489 | -€325,163 | -€49,674 | -18.0% |
| Amounts payable | 17/49 | €962,762 | €901,777 | -€60,985 | -6.3% |
| Amounts payable after more than one year | 17 | €294,215 | €250,258 | -€43,958 | -14.9% |
| Financial debts | 170/4 | €294,215 | €250,258 | -€43,958 | -14.9% |
| Amounts payable within one year | 42/48 | €668,546 | €651,519 | -€17,028 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €43,958 | €43,958 | = | 0.0% |
| Trade debts | 44 | €80,196 | €19,035 | -€61,161 | -76.3% |
| Suppliers | 440/4 | €80,196 | €19,035 | -€61,161 | -76.3% |
| Taxes, remuneration and social security | 45 | €11,334 | €12,877 | +€1,543 | +13.6% |
| Taxes | 450/3 | €11,334 | €12,877 | +€1,543 | +13.6% |
| Other amounts payable | 47/48 | €533,058 | €575,649 | +€42,591 | +8.0% |
| Non-recurring operating income | 76A | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,416 | €47,142 | -€6,274 | -11.7% |
| Other operating charges | 640/8 | €6,030 | €6,360 | +€330 | +5.5% |
| Non-recurring operating charges | 66A | - | €36 | +€36 | |
| Gross operating margin | 9900 | €32,690 | €33,548 | +€859 | +2.6% |
| Operating profit (loss) | 9901 | -€26,757 | -€19,989 | +€6,768 | +25.3% |
| Financial income | 75/76B | €1,982 | €2,087 | +€105 | +5.3% |
| Recurring financial income | 75 | €1,982 | €2,087 | +€105 | +5.3% |
| Financial charges | 65/66B | €25,071 | €26,823 | +€1,752 | +7.0% |
| Recurring financial charges | 65 | €25,071 | €26,823 | +€1,752 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | -€49,846 | -€44,725 | +€5,120 | +10.3% |
| Income taxes | 67/77 | - | €4,949 | +€4,949 | |
| Profit (loss) for the period | 9904 | -€49,846 | -€49,674 | +€172 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,846 | -€49,674 | +€172 | +0.3% |
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 17 October 2026 via checked.be.