EUROMOTIV: 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.
EUROMOTIV
Largest movements
- Tangible fixed assets +€60,772
up €60,772 (+119%), from €51,205 to €111,978
- Receivables within one year +€17,520
up €17,520 (+205%), from €8,558 to €26,078
of which Trade receivables: +€17,520
- Cash -€4,733
down €4,733 (-88.5%), from €5,350 to €618
mainly Investment in fixed assets (net) (-€88,345) and Net result for the year (-€29,373)
- Other debts +€57,609
up €57,609 (+71.5%), from €80,551 to €138,160
- Profit (loss) carried forward -€29,373
down €29,373 (-135%), from -€21,745 to -€51,118
- Tax, wage and social debts +€20,474
new in 2024: €20,474
of which Remuneration and social security: +€12,726
- Debts after one year +€15,687
new in 2024: €15,687
- Current portion of long-term debt +€9,687
new in 2024: €9,687
- Gross operating margin +€34,018
up €34,018, from -€14,738 to €19,280
- Depreciation +€20,700
up €20,700 (+317%), from €6,538 to €27,238
- Other operating charges +€11,413
up €11,413 (+2,769%), from €412 to €11,825
- Staff costs +€8,171
new in 2024: €8,171
- Financial charges +€1,362
up €1,362 (+2,376%), from €57 to €1,419
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 | €79,684 | €153,579 | +€73,895 | +92.7% |
| Fixed assets | 21/28 | €65,775 | €126,883 | +€61,107 | +92.9% |
| Tangible fixed assets | 22/27 | €51,205 | €111,978 | +€60,772 | +119% |
| Furniture and vehicles | 24 | €51,205 | €111,978 | +€60,772 | +119% |
| Financial fixed assets | 28 | €14,570 | €14,905 | +€335 | +2.3% |
| Current assets | 29/58 | €13,909 | €26,696 | +€12,787 | +91.9% |
| Amounts receivable within one year | 40/41 | €8,558 | €26,078 | +€17,520 | +205% |
| Trade receivables | 40 | €5,069 | €22,589 | +€17,520 | +346% |
| Other amounts receivable | 41 | €3,489 | €3,489 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,350 | €618 | -€4,733 | -88.5% |
| Total equity and liabilities | 10/49 | €79,684 | €153,579 | +€73,895 | +92.7% |
| Equity | 10/15 | -€1,745 | -€31,118 | -€29,373 | -1,683% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,745 | -€51,118 | -€29,373 | -135% |
| Amounts payable | 17/49 | €81,429 | €184,697 | +€103,268 | +127% |
| Amounts payable after more than one year | 17 | - | €15,687 | +€15,687 | |
| Financial debts | 170/4 | - | €15,687 | +€15,687 | |
| Amounts payable within one year | 42/48 | €81,429 | €169,010 | +€87,582 | +108% |
| Current portion of amounts payable after more than one year | 42 | - | €9,687 | +€9,687 | |
| Trade debts | 44 | €878 | €690 | -€188 | -21.4% |
| Suppliers | 440/4 | €878 | €690 | -€188 | -21.4% |
| Taxes, remuneration and social security | 45 | - | €20,474 | +€20,474 | |
| Taxes | 450/3 | - | €7,748 | +€7,748 | |
| Remuneration and social security | 454/9 | - | €12,726 | +€12,726 | |
| Other amounts payable | 47/48 | €80,551 | €138,160 | +€57,609 | +71.5% |
| Remuneration, social security and pensions | 62 | - | €8,171 | +€8,171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,538 | €27,238 | +€20,700 | +317% |
| Other operating charges | 640/8 | €412 | €11,825 | +€11,413 | +2,769% |
| Gross operating margin | 9900 | -€14,738 | €19,280 | +€34,018 | |
| Operating profit (loss) | 9901 | -€21,688 | -€27,954 | -€6,266 | -28.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €57 | €1,419 | +€1,362 | +2,376% |
| Recurring financial charges | 65 | €57 | €1,419 | +€1,362 | +2,376% |
| Profit (loss) for the period before taxes | 9903 | -€21,745 | -€29,373 | -€7,629 | -35.1% |
| Profit (loss) for the period | 9904 | -€21,745 | -€29,373 | -€7,629 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,745 | -€29,373 | -€7,629 | -35.1% |
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 17 October 2026 via checked.be.