EUROMASTER: what changed
Two fiscal 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.
EUROMASTER
Largest movements
- Cash +€8,452
up €8,452 (+17.7%), from €47,703 to €56,154
mainly Net result for the year (+€41,971) and Other debts (+€5,000)
- Receivables within one year -€1,481
down €1,481 (-26.9%), from €5,500 to €4,019
- Other debts +€5,000
up €5,000 (+14.3%), from €35,000 to €40,000
- Reserves +€1,971
up €1,971 (+3.7%), from €53,643 to €55,613
- Other operating charges +€3,558
up €3,558 (+20.7%), from €17,184 to €20,742
- Gross operating margin +€2,086
up €2,086 (+3.4%), from €62,138 to €64,224
- Taxes -€1,028
down €1,028 (-41.0%), from €2,509 to €1,481
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 | €107,235 | €114,205 | +€6,971 | +6.5% |
| Fixed assets | 21/28 | €54,032 | €54,032 | = | 0.0% |
| Tangible fixed assets | 22/27 | €54,032 | €54,032 | = | 0.0% |
| Land and buildings | 22 | €54,032 | €54,032 | = | 0.0% |
| Current assets | 29/58 | €53,203 | €60,173 | +€6,971 | +13.1% |
| Amounts receivable within one year | 40/41 | €5,500 | €4,019 | -€1,481 | -26.9% |
| Other amounts receivable | 41 | €5,500 | €4,019 | -€1,481 | -26.9% |
| Cash at bank and in hand | 54/58 | €47,703 | €56,154 | +€8,452 | +17.7% |
| Total equity and liabilities | 10/49 | €107,235 | €114,205 | +€6,971 | +6.5% |
| Equity | 10/15 | €72,235 | €74,205 | +€1,971 | +2.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €53,643 | €55,613 | +€1,971 | +3.7% |
| Distributable reserves | 133 | €53,643 | €55,613 | +€1,971 | +3.7% |
| Amounts payable | 17/49 | €35,000 | €40,000 | +€5,000 | +14.3% |
| Amounts payable within one year | 42/48 | €35,000 | €40,000 | +€5,000 | +14.3% |
| Other amounts payable | 47/48 | €35,000 | €40,000 | +€5,000 | +14.3% |
| Other operating charges | 640/8 | €17,184 | €20,742 | +€3,558 | +20.7% |
| Gross operating margin | 9900 | €62,138 | €64,224 | +€2,086 | +3.4% |
| Operating profit (loss) | 9901 | €44,953 | €43,482 | -€1,472 | -3.3% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €44,925 | €43,452 | -€1,473 | -3.3% |
| Income taxes | 67/77 | €2,509 | €1,481 | -€1,028 | -41.0% |
| Profit (loss) for the period | 9904 | €42,416 | €41,971 | -€445 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,416 | €41,971 | -€445 | -1.1% |
Source: filed annual accounts (NBB), fiscal 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.