Euroménager: 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.
Euroménager
Largest movements
- Receivables within one year -€94,529
down €94,529 (-8.5%), from €1.1m to €1.0m
of which Trade receivables: -€162,454
- Stocks and contracts -€59,868
down €59,868 (-13.3%), from €450,278 to €390,410
- Cash -€50,822
down €50,822 (-85.1%), from €59,717 to €8,894
mainly Tax, wage and social debts (-€124,525) and Other debts (-€81,005)
- Tangible fixed assets -€18,646
down €18,646 (-33.2%), from €56,212 to €37,566
- Tax, wage and social debts -€124,525
down €124,525 (-86.6%), from €143,859 to €19,334
of which Taxes: -€118,756
- Other debts -€81,005
down €81,005 (-30.3%), from €267,141 to €186,135
- Trade debts -€19,111
down €19,111 (-4.2%), from €457,163 to €438,052
- Gross operating margin -€93,243
down €93,243 (-65.3%), from €142,822 to €49,579
- Depreciation -€30,356
down €30,356 (-53.8%), from €56,431 to €26,075
- Financial charges -€26,440
down €26,440 (-52.3%), from €50,524 to €24,084
- Staff costs -€18,000
down €18,000 (-100%), from €18,000 to €0
- Taxes -€8,052
down €8,052 (-97.9%), from €8,228 to €176
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 | €1,705,609 | €1,478,520 | -€227,089 | -13.3% |
| Fixed assets | 21/28 | €64,742 | €43,383 | -€21,359 | -33.0% |
| Intangible fixed assets | 21 | €6,353 | €3,640 | -€2,713 | -42.7% |
| Tangible fixed assets | 22/27 | €56,212 | €37,566 | -€18,646 | -33.2% |
| Plant, machinery and equipment | 23 | €5,590 | €3,725 | -€1,865 | -33.4% |
| Furniture and vehicles | 24 | €8,279 | €0 | -€8,279 | -100% |
| Other tangible fixed assets | 26 | €42,343 | €33,841 | -€8,502 | -20.1% |
| Financial fixed assets | 28 | €2,177 | €2,177 | = | 0.0% |
| Current assets | 29/58 | €1,640,867 | €1,435,137 | -€205,730 | -12.5% |
| Stocks and contracts in progress | 3 | €450,278 | €390,410 | -€59,868 | -13.3% |
| Stocks | 30/36 | €450,278 | €390,410 | -€59,868 | -13.3% |
| Amounts receivable within one year | 40/41 | €1,113,333 | €1,018,804 | -€94,529 | -8.5% |
| Trade receivables | 40 | €732,069 | €569,614 | -€162,454 | -22.2% |
| Other amounts receivable | 41 | €381,265 | €449,190 | +€67,925 | +17.8% |
| Cash at bank and in hand | 54/58 | €59,717 | €8,894 | -€50,822 | -85.1% |
| Deferred charges and accrued income | 490/1 | €17,539 | €17,029 | -€510 | -2.9% |
| Total equity and liabilities | 10/49 | €1,705,609 | €1,478,520 | -€227,089 | -13.3% |
| Equity | 10/15 | €569,273 | €562,867 | -€6,406 | -1.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €277,671 | €277,671 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €252,721 | €252,721 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,602 | €223,196 | -€6,406 | -2.8% |
| Amounts payable | 17/49 | €1,136,336 | €915,653 | -€220,683 | -19.4% |
| Amounts payable within one year | 42/48 | €1,135,492 | €914,808 | -€220,683 | -19.4% |
| Financial debts | 43 | €260,000 | €263,958 | +€3,958 | +1.5% |
| Credit institutions | 430/8 | €260,000 | €263,958 | +€3,958 | +1.5% |
| Trade debts | 44 | €457,163 | €438,052 | -€19,111 | -4.2% |
| Suppliers | 440/4 | €457,163 | €438,052 | -€19,111 | -4.2% |
| Advances received on contracts in progress | 46 | €7,330 | €7,330 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €143,859 | €19,334 | -€124,525 | -86.6% |
| Taxes | 450/3 | €138,090 | €19,334 | -€118,756 | -86.0% |
| Remuneration and social security | 454/9 | €5,769 | €0 | -€5,769 | -100% |
| Other amounts payable | 47/48 | €267,141 | €186,135 | -€81,005 | -30.3% |
| Accrued charges and deferred income | 492/3 | €845 | €845 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €18,000 | €0 | -€18,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,431 | €26,075 | -€30,356 | -53.8% |
| Other operating charges | 640/8 | €11,823 | €10,612 | -€1,211 | -10.2% |
| Gross operating margin | 9900 | €142,822 | €49,579 | -€93,243 | -65.3% |
| Operating profit (loss) | 9901 | €56,567 | €12,893 | -€43,675 | -77.2% |
| Financial income | 75/76B | €3,784 | €4,962 | +€1,178 | +31.1% |
| Recurring financial income | 75 | €3,784 | €4,962 | +€1,178 | +31.1% |
| Financial charges | 65/66B | €50,524 | €24,084 | -€26,440 | -52.3% |
| Recurring financial charges | 65 | €50,524 | €24,084 | -€26,440 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €9,827 | -€6,229 | -€16,057 | |
| Income taxes | 67/77 | €8,228 | €176 | -€8,052 | -97.9% |
| Profit (loss) for the period | 9904 | €1,599 | -€6,406 | -€8,005 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,599 | -€6,406 | -€8,005 |
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 21 October 2026 via checked.be.