Euromatec: 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.
Euromatec
Largest movements
- Stocks and contracts -€122,469
down €122,469 (-12.2%), from €1.0m to €884,934
- Receivables within one year +€103,559
up €103,559 (+10.6%), from €976,503 to €1.1m
of which Trade receivables: +€103,559
- Cash -€97,352
down €97,352 (-30.9%), from €314,744 to €217,392
mainly Receivables within one year (-€103,559) and Trade debts (-€100,515)
- Tangible fixed assets -€33,984
down €33,984 (-19.9%), from €171,064 to €137,081
of which Other tangible fixed assets: -€17,825
- Trade debts -€100,515
down €100,515 (-12.4%), from €812,571 to €712,056
- Other debts -€40,190
down €40,190 (-18.8%), from €214,209 to €174,020
- Debts after one year -€36,197
down €36,197 (-22.5%), from €160,611 to €124,414
- Gross operating margin +€13,027
up €13,027 (+1.9%), from €701,259 to €714,286
- Financial income +€11,649
up €11,649 (+18.6%), from €62,684 to €74,333
- Financial charges +€10,374
up €10,374 (+26.2%), from €39,666 to €50,040
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 | €2,781,337 | €2,637,710 | -€143,627 | -5.2% |
| Fixed assets | 21/28 | €454,514 | €420,530 | -€33,984 | -7.5% |
| Tangible fixed assets | 22/27 | €171,064 | €137,081 | -€33,984 | -19.9% |
| Land and buildings | 22 | €71,608 | €63,011 | -€8,597 | -12.0% |
| Plant, machinery and equipment | 23 | €9,231 | €4,438 | -€4,793 | -51.9% |
| Furniture and vehicles | 24 | €5,360 | €4,154 | -€1,206 | -22.5% |
| Leasing and similar rights | 25 | €4,076 | €2,514 | -€1,562 | -38.3% |
| Other tangible fixed assets | 26 | €80,789 | €62,964 | -€17,825 | -22.1% |
| Financial fixed assets | 28 | €283,450 | €283,450 | = | 0.0% |
| Current assets | 29/58 | €2,326,823 | €2,217,180 | -€109,643 | -4.7% |
| Stocks and contracts in progress | 3 | €1,007,403 | €884,934 | -€122,469 | -12.2% |
| Stocks | 30/36 | €1,007,403 | €884,934 | -€122,469 | -12.2% |
| Amounts receivable within one year | 40/41 | €976,503 | €1,080,063 | +€103,559 | +10.6% |
| Trade receivables | 40 | €976,503 | €1,080,063 | +€103,559 | +10.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €314,744 | €217,392 | -€97,352 | -30.9% |
| Deferred charges and accrued income | 490/1 | €28,174 | €34,792 | +€6,618 | +23.5% |
| Total equity and liabilities | 10/49 | €2,781,337 | €2,637,710 | -€143,627 | -5.2% |
| Equity | 10/15 | €1,233,426 | €1,258,605 | +€25,180 | +2.0% |
| Contributions | 10/11 | €260,288 | €260,288 | = | 0.0% |
| Capital | 10 | €260,288 | €260,288 | = | 0.0% |
| Issued capital | 100 | €260,288 | €260,288 | = | 0.0% |
| Reserves | 13 | €70,666 | €70,666 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,029 | €26,029 | = | 0.0% |
| Legal reserve | 130 | €26,029 | €26,029 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €25,888 | €25,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | €902,471 | €927,651 | +€25,180 | +2.8% |
| Amounts payable | 17/49 | €1,547,911 | €1,379,105 | -€168,806 | -10.9% |
| Amounts payable after more than one year | 17 | €160,611 | €124,414 | -€36,197 | -22.5% |
| Financial debts | 170/4 | €160,611 | €124,414 | -€36,197 | -22.5% |
| Amounts payable within one year | 42/48 | €1,387,192 | €1,252,035 | -€135,157 | -9.7% |
| Financial debts | 43 | €249,148 | €246,197 | -€2,951 | -1.2% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Other loans | 439 | €99,148 | €96,197 | -€2,951 | -3.0% |
| Trade debts | 44 | €812,571 | €712,056 | -€100,515 | -12.4% |
| Suppliers | 440/4 | €812,571 | €712,056 | -€100,515 | -12.4% |
| Taxes, remuneration and social security | 45 | €111,264 | €119,762 | +€8,498 | +7.6% |
| Taxes | 450/3 | €39,221 | €54,023 | +€14,802 | +37.7% |
| Remuneration and social security | 454/9 | €72,042 | €65,739 | -€6,304 | -8.8% |
| Other amounts payable | 47/48 | €214,209 | €174,020 | -€40,190 | -18.8% |
| Accrued charges and deferred income | 492/3 | €109 | €2,657 | +€2,548 | +2,343% |
| Remuneration, social security and pensions | 62 | €620,719 | €620,475 | -€244 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,286 | €43,306 | +€2,020 | +4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,263 | €4,675 | +€1,412 | +43.3% |
| Other operating charges | 640/8 | €23,682 | €25,324 | +€1,642 | +6.9% |
| Gross operating margin | 9900 | €701,259 | €714,286 | +€13,027 | +1.9% |
| Operating profit (loss) | 9901 | €12,310 | €20,506 | +€8,197 | +66.6% |
| Financial income | 75/76B | €62,684 | €74,333 | +€11,649 | +18.6% |
| Recurring financial income | 75 | €62,684 | €74,333 | +€11,649 | +18.6% |
| Financial charges | 65/66B | €39,666 | €50,040 | +€10,374 | +26.2% |
| Recurring financial charges | 65 | €39,666 | €50,040 | +€10,374 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €35,328 | €44,800 | +€9,471 | +26.8% |
| Income taxes | 67/77 | €19,304 | €19,620 | +€316 | +1.6% |
| Profit (loss) for the period | 9904 | €16,025 | €25,180 | +€9,155 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,025 | €25,180 | +€9,155 | +57.1% |
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 24 October 2026 via checked.be.