EURONEPAL: 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.
EURONEPAL
Largest movements
- Cash +€15,380
up €15,380 (+410%), from €3,754 to €19,134
mainly Net result for the year (+€16,299) and Trade debts (+€7,330)
- Stocks and contracts +€2,109
up €2,109 (+18.4%), from €11,454 to €13,563
- Profit (loss) carried forward +€16,299
up €16,299, from -€14,267 to €2,032
- Trade debts +€7,330
up €7,330 (+345%), from €2,124 to €9,453
- Tax, wage and social debts -€3,825
down €3,825 (-64.7%), from €5,910 to €2,085
- Other debts -€2,465
down €2,465 (-55.2%), from €4,465 to €2,000
- Gross operating margin +€9,204
up €9,204 (+95.3%), from €9,656 to €18,860
- Taxes +€1,007
new in 2025: €1,007
- Other operating charges +€920
up €920 (+188%), from €490 to €1,410
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 | €16,952 | €34,291 | +€17,338 | +102% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €15,452 | €32,791 | +€17,338 | +112% |
| Stocks and contracts in progress | 3 | €11,454 | €13,563 | +€2,109 | +18.4% |
| Stocks | 30/36 | €11,454 | €13,563 | +€2,109 | +18.4% |
| Amounts receivable within one year | 40/41 | €244 | €93 | -€151 | -62.0% |
| Other amounts receivable | 41 | €244 | €93 | -€151 | -62.0% |
| Cash at bank and in hand | 54/58 | €3,754 | €19,134 | +€15,380 | +410% |
| Total equity and liabilities | 10/49 | €16,952 | €34,291 | +€17,338 | +102% |
| Equity | 10/15 | €4,453 | €20,752 | +€16,299 | +366% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120 | €120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €120 | €120 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120 | €120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,267 | €2,032 | +€16,299 | |
| Amounts payable | 17/49 | €12,499 | €13,538 | +€1,039 | +8.3% |
| Amounts payable within one year | 42/48 | €12,499 | €13,538 | +€1,039 | +8.3% |
| Trade debts | 44 | €2,124 | €9,453 | +€7,330 | +345% |
| Suppliers | 440/4 | €2,124 | €9,453 | +€7,330 | +345% |
| Taxes, remuneration and social security | 45 | €5,910 | €2,085 | -€3,825 | -64.7% |
| Taxes | 450/3 | €5,910 | €2,085 | -€3,825 | -64.7% |
| Other amounts payable | 47/48 | €4,465 | €2,000 | -€2,465 | -55.2% |
| Other operating charges | 640/8 | €490 | €1,410 | +€920 | +188% |
| Gross operating margin | 9900 | €9,656 | €18,860 | +€9,204 | +95.3% |
| Operating profit (loss) | 9901 | €9,166 | €17,449 | +€8,283 | +90.4% |
| Financial income | 75/76B | - | €162 | +€162 | |
| Recurring financial income | 75 | - | €162 | +€162 | |
| Financial charges | 65/66B | €185 | €305 | +€120 | +64.7% |
| Recurring financial charges | 65 | €185 | €305 | +€120 | +64.7% |
| Profit (loss) for the period before taxes | 9903 | €8,980 | €17,306 | +€8,326 | +92.7% |
| Income taxes | 67/77 | - | €1,007 | +€1,007 | |
| Profit (loss) for the period | 9904 | €8,980 | €16,299 | +€7,318 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,980 | €16,299 | +€7,318 | +81.5% |
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 22 October 2026 via checked.be.