EUROLOGIC SERVICES: 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.
EUROLOGIC SERVICES
Largest movements
- Current investments -€330,000
no longer reported in 2025 (was €330,000)
- Receivables within one year +€93,696
up €93,696 (+300%), from €31,243 to €124,939
of which Trade receivables: +€97,287
- Cash +€37,383
up €37,383 (+217%), from €17,216 to €54,599
mainly Current investments (+€330,000) and Depreciation (+€84,648)
- Reserves -€147,743
down €147,743 (-21.5%), from €686,668 to €538,925
of which Distributable reserves: -€139,741
- Debts after one year -€73,977
down €73,977 (-37.8%), from €195,679 to €121,702
- Other debts +€67,466
up €67,466 (+86.7%), from €77,791 to €145,256
- Gross operating margin -€76,306
down €76,306 (-30.7%), from €248,859 to €172,553
- Taxes -€23,930
down €23,930 (-41.1%), from €58,224 to €34,295
- Depreciation +€19,377
up €19,377 (+29.7%), from €65,271 to €84,648
- Other operating charges -€5,334
down €5,334 (-66.1%), from €8,068 to €2,734
- Financial income +€4,683
up €4,683 (+46.9%), from €9,980 to €14,663
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 | €1,178,354 | €997,513 | -€180,842 | -15.3% |
| Fixed assets | 21/28 | €676,032 | €682,788 | +€6,756 | +1.0% |
| Tangible fixed assets | 22/27 | €675,968 | €682,723 | +€6,756 | +1.0% |
| Land and buildings | 22 | €602,632 | €636,511 | +€33,878 | +5.6% |
| Furniture and vehicles | 24 | €73,336 | €46,213 | -€27,123 | -37.0% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €502,322 | €314,725 | -€187,597 | -37.3% |
| Amounts receivable after more than one year | 29 | €120,000 | €125,000 | +€5,000 | +4.2% |
| Other amounts receivable | 291 | €120,000 | €125,000 | +€5,000 | +4.2% |
| Amounts receivable within one year | 40/41 | €31,243 | €124,939 | +€93,696 | +300% |
| Trade receivables | 40 | €8,470 | €105,757 | +€97,287 | +1,149% |
| Other amounts receivable | 41 | €22,773 | €19,181 | -€3,592 | -15.8% |
| Current investments | 50/53 | €330,000 | - | -€330,000 | |
| Cash at bank and in hand | 54/58 | €17,216 | €54,599 | +€37,383 | +217% |
| Deferred charges and accrued income | 490/1 | €3,863 | €10,187 | +€6,324 | +164% |
| Total equity and liabilities | 10/49 | €1,178,354 | €997,513 | -€180,842 | -15.3% |
| Equity | 10/15 | €705,218 | €557,475 | -€147,743 | -21.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €686,668 | €538,925 | -€147,743 | -21.5% |
| Tax-exempt reserves | 132 | €282,146 | €274,144 | -€8,002 | -2.8% |
| Distributable reserves | 133 | €404,522 | €264,781 | -€139,741 | -34.5% |
| Provisions and deferred taxes | 16 | €86,659 | €83,992 | -€2,667 | -3.1% |
| Deferred taxes | 168 | €86,659 | €83,992 | -€2,667 | -3.1% |
| Amounts payable | 17/49 | €386,477 | €356,046 | -€30,431 | -7.9% |
| Amounts payable after more than one year | 17 | €195,679 | €121,702 | -€73,977 | -37.8% |
| Financial debts | 170/4 | €195,679 | €121,702 | -€73,977 | -37.8% |
| Amounts payable within one year | 42/48 | €190,693 | €234,344 | +€43,651 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €63,134 | €65,577 | +€2,443 | +3.9% |
| Financial debts | 43 | €10,000 | €3,086 | -€6,914 | -69.1% |
| Credit institutions | 430/8 | €10,000 | €3,086 | -€6,914 | -69.1% |
| Trade debts | 44 | €15,031 | €4,229 | -€10,802 | -71.9% |
| Suppliers | 440/4 | €15,031 | €4,229 | -€10,802 | -71.9% |
| Taxes, remuneration and social security | 45 | €24,738 | €16,196 | -€8,542 | -34.5% |
| Taxes | 450/3 | €24,738 | €16,196 | -€8,542 | -34.5% |
| Other amounts payable | 47/48 | €77,791 | €145,256 | +€67,466 | +86.7% |
| Accrued charges and deferred income | 492/3 | €105 | - | -€105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,271 | €84,648 | +€19,377 | +29.7% |
| Other operating charges | 640/8 | €8,068 | €2,734 | -€5,334 | -66.1% |
| Gross operating margin | 9900 | €248,859 | €172,553 | -€76,306 | -30.7% |
| Operating profit (loss) | 9901 | €175,520 | €85,171 | -€90,349 | -51.5% |
| Financial income | 75/76B | €9,980 | €14,663 | +€4,683 | +46.9% |
| Recurring financial income | 75 | €9,980 | €14,663 | +€4,683 | +46.9% |
| Financial charges | 65/66B | €8,109 | €5,666 | -€2,443 | -30.1% |
| Recurring financial charges | 65 | €8,109 | €5,666 | -€2,443 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €177,391 | €94,168 | -€83,223 | -46.9% |
| Transfer from deferred taxes | 780 | - | €2,667 | +€2,667 | |
| Income taxes | 67/77 | €58,224 | €34,295 | -€23,930 | -41.1% |
| Profit (loss) for the period | 9904 | €119,167 | €62,541 | -€56,626 | -47.5% |
| Transfer from tax-exempt reserves | 789 | - | €8,002 | +€8,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €119,167 | €70,543 | -€48,624 | -40.8% |
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 29 October 2026 via checked.be.