EUROLIO: 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.
EUROLIO
Largest movements
- Financial fixed assets +€100,000
up €100,000 (+531%), from €18,843 to €118,843
- Receivables within one year -€97,104
down €97,104 (-75.9%), from €127,959 to €30,855
of which Trade receivables: -€96,764
- Tangible fixed assets -€22,076
down €22,076 (-55.4%), from €39,837 to €17,761
of which Other tangible fixed assets: -€12,099
- Stocks and contracts -€16,441
down €16,441 (-9.0%), from €182,225 to €165,784
- Advances received +€100,000
new in 2025: €100,000
- Trade debts -€91,758
down €91,758 (-35.7%), from €257,260 to €165,502
- Profit (loss) carried forward -€41,068
down €41,068 (-910%), from -€4,515 to -€45,582
- Gross operating margin +€33,003
up €33,003 (+16.1%), from €205,398 to €238,401
- Staff costs -€3,173
down €3,173 (-1.3%), from €253,002 to €249,829
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 | €373,724 | €340,543 | -€33,182 | -8.9% |
| Fixed assets | 21/28 | €58,680 | €136,603 | +€77,924 | +133% |
| Tangible fixed assets | 22/27 | €39,837 | €17,761 | -€22,076 | -55.4% |
| Furniture and vehicles | 24 | €27,091 | €17,114 | -€9,977 | -36.8% |
| Other tangible fixed assets | 26 | €12,746 | €647 | -€12,099 | -94.9% |
| Financial fixed assets | 28 | €18,843 | €118,843 | +€100,000 | +531% |
| Current assets | 29/58 | €315,045 | €203,940 | -€111,105 | -35.3% |
| Stocks and contracts in progress | 3 | €182,225 | €165,784 | -€16,441 | -9.0% |
| Stocks | 30/36 | €182,225 | €165,784 | -€16,441 | -9.0% |
| Amounts receivable within one year | 40/41 | €127,959 | €30,855 | -€97,104 | -75.9% |
| Trade receivables | 40 | €125,492 | €28,728 | -€96,764 | -77.1% |
| Other amounts receivable | 41 | €2,467 | €2,127 | -€340 | -13.8% |
| Cash at bank and in hand | 54/58 | €1,788 | €4,622 | +€2,834 | +159% |
| Deferred charges and accrued income | 490/1 | €3,073 | €2,679 | -€394 | -12.8% |
| Total equity and liabilities | 10/49 | €373,724 | €340,543 | -€33,182 | -8.9% |
| Equity | 10/15 | €95,485 | €54,418 | -€41,068 | -43.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,515 | -€45,582 | -€41,068 | -910% |
| Amounts payable | 17/49 | €278,239 | €286,125 | +€7,886 | +2.8% |
| Amounts payable within one year | 42/48 | €278,239 | €286,125 | +€7,886 | +2.8% |
| Trade debts | 44 | €257,260 | €165,502 | -€91,758 | -35.7% |
| Suppliers | 440/4 | €257,260 | €165,502 | -€91,758 | -35.7% |
| Advances received on contracts in progress | 46 | - | €100,000 | +€100,000 | |
| Taxes, remuneration and social security | 45 | €20,884 | €20,528 | -€356 | -1.7% |
| Remuneration and social security | 454/9 | €20,884 | €20,528 | -€356 | -1.7% |
| Other amounts payable | 47/48 | €95 | €95 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €253,002 | €249,829 | -€3,173 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,885 | €27,485 | +€600 | +2.2% |
| Other operating charges | 640/8 | €563 | €1,732 | +€1,169 | +207% |
| Gross operating margin | 9900 | €205,398 | €238,401 | +€33,003 | +16.1% |
| Operating profit (loss) | 9901 | -€75,053 | -€40,645 | +€34,407 | +45.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €473 | €422 | -€51 | -10.7% |
| Recurring financial charges | 65 | €473 | €422 | -€51 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€75,525 | -€41,068 | +€34,457 | +45.6% |
| Profit (loss) for the period | 9904 | -€75,525 | -€41,068 | +€34,457 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,525 | -€41,068 | +€34,457 | +45.6% |
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 25 October 2026 via checked.be.