EURONYL MFC: what changed
What changed
EURONYL MFC
NACE 22.210, Manufacture of rubber and plastic products
not consecutivefiled annual accounts (NBB)
Net result for the year
-€6.4m
2022 · -€18,122-€6.4m
Equity
-€6.7m
2022 · -€282,805-€6.4m
Cash
€2.0m
2022 · €4.0m-€1.9m
Balance sheet total
€17.5m
2022 · €6.3m+€11.2m
Largest movements
Assets
- Receivables within one year +€12.7m
up €12.7m (+8,016%), from €158,848 to €12.9m
of which Other amounts receivable: +€12.5m
- Cash -€1.9m
down €1.9m (-49.2%), from €4.0m to €2.0m
- Current investments +€802,067
new in 2024: €802,067
- Tangible fixed assets -€399,196
down €399,196 (-23.7%), from €1.7m to €1.3m
Equity and liabilities
- Short-term financial debts +€18.5m
up €18.5m (+2,803,079%), from €659 to €18.5m
- Profit (loss) carried forward -€6.4m
down €6.4m (-546%), from -€1.2m to -€7.5m
- Other debts -€708,698
down €708,698 (-14.3%), from €5.0m to €4.2m
- Accrued charges and deferred income +€204,186
up €204,186 (+2,382%), from €8,573 to €212,759
- Trade debts -€187,313
down €187,313 (-48.6%), from €385,803 to €198,489
Income statement
- Financial income -€6.0m
down €6.0m (-89.8%), from €6.7m to €683,292
of which Financial income: -€6.0m
- Staff costs +€324,333
up €324,333 (+20.7%), from €1.6m to €1.9m
- Financial charges +€286,466
up €286,466 (+4.7%), from €6.0m to €6.3m
- Depreciation -€121,500
down €121,500 (-20.4%), from €595,106 to €473,606
- Gross operating margin +€105,313
up €105,313 (+6.8%), from €1.5m to €1.6m
Change in the result, 2022 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2022
-€18,122
Gross operating margin
+€105,313
Staff costs
-€324,333
Depreciation
+€121,500
Other operating charges
+€12,275
Financial income
-€6.0m
Financial charges
-€286,466
Taxes
-€11
Deferred taxes and other
-€1,121
Result 2024
-€6.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,280,057 | €17,455,093 | +€11.2m | +178% |
| Fixed assets | 21/28 | €1,802,738 | €1,358,087 | -€444,651 | -24.7% |
| Intangible fixed assets | 21 | €120,230 | €74,775 | -€45,455 | -37.8% |
| Tangible fixed assets | 22/27 | €1,681,646 | €1,282,449 | -€399,196 | -23.7% |
| Land and buildings | 22 | €1,203,653 | €1,064,406 | -€139,248 | -11.6% |
| Plant, machinery and equipment | 23 | €247,945 | €169,458 | -€78,487 | -31.7% |
| Furniture and vehicles | 24 | €2,765 | €0 | -€2,765 | -100% |
| Leasing and similar rights | 25 | €227,282 | €48,585 | -€178,697 | -78.6% |
| Financial fixed assets | 28 | €863 | €863 | = | 0.0% |
| Current assets | 29/58 | €4,477,319 | €16,097,005 | +€11.6m | +260% |
| Stocks and contracts in progress | 3 | €355,060 | €387,157 | +€32,097 | +9.0% |
| Stocks | 30/36 | €355,060 | €387,157 | +€32,097 | +9.0% |
| Amounts receivable within one year | 40/41 | €158,848 | €12,891,431 | +€12.7m | +8,016% |
| Trade receivables | 40 | €158,722 | €404,259 | +€245,537 | +155% |
| Other amounts receivable | 41 | €126 | €12,487,172 | +€12.5m | +9,920,590% |
| Current investments | 50/53 | - | €802,067 | +€802,067 | |
| Cash at bank and in hand | 54/58 | €3,955,178 | €2,007,358 | -€1.9m | -49.2% |
| Deferred charges and accrued income | 490/1 | €8,233 | €8,993 | +€760 | +9.2% |
| Total equity and liabilities | 10/49 | €6,280,057 | €17,455,093 | +€11.2m | +178% |
| Equity | 10/15 | -€282,805 | -€6,678,394 | -€6.4m | -2,261% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €468,207 | €468,207 | = | 0.0% |
| Reserves | 13 | €332,834 | €295,954 | -€36,881 | -11.1% |
| Non-distributable reserves | 130/1 | €11,160 | €11,160 | = | 0.0% |
| Legal reserve | 130 | €11,160 | €11,160 | = | 0.0% |
| Tax-exempt reserves | 132 | €298,118 | €261,237 | -€36,881 | -12.4% |
| Distributable reserves | 133 | €23,557 | €23,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,164,149 | -€7,522,857 | -€6.4m | -546% |
| Investment grants | 15 | €18,803 | €18,803 | = | 0.0% |
| Provisions and deferred taxes | 16 | €99,373 | €87,079 | -€12,294 | -12.4% |
| Deferred taxes | 168 | €99,373 | €87,079 | -€12,294 | -12.4% |
| Amounts payable | 17/49 | €6,463,490 | €24,046,408 | +€17.6m | +272% |
| Amounts payable after more than one year | 17 | €815,111 | €672,000 | -€143,111 | -17.6% |
| Financial debts | 170/4 | €815,111 | €672,000 | -€143,111 | -17.6% |
| Amounts payable within one year | 42/48 | €5,639,806 | €23,161,649 | +€17.5m | +311% |
| Current portion of amounts payable after more than one year | 42 | €77,376 | €74,667 | -€2,710 | -3.5% |
| Financial debts | 43 | €659 | €18,485,000 | +€18.5m | +2,803,079% |
| Credit institutions | 430/8 | €659 | €18,485,000 | +€18.5m | +2,803,079% |
| Trade debts | 44 | €385,803 | €198,489 | -€187,313 | -48.6% |
| Suppliers | 440/4 | €385,803 | €198,489 | -€187,313 | -48.6% |
| Advances received on contracts in progress | 46 | €2,073 | €571 | -€1,502 | -72.5% |
| Taxes, remuneration and social security | 45 | €223,895 | €161,621 | -€62,274 | -27.8% |
| Taxes | 450/3 | €25,291 | €5,828 | -€19,463 | -77.0% |
| Remuneration and social security | 454/9 | €198,604 | €155,793 | -€42,811 | -21.6% |
| Other amounts payable | 47/48 | €4,950,000 | €4,241,302 | -€708,698 | -14.3% |
| Accrued charges and deferred income | 492/3 | €8,573 | €212,759 | +€204,186 | +2,382% |
| Remuneration, social security and pensions | 62 | €1,567,937 | €1,892,270 | +€324,333 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €595,106 | €473,606 | -€121,500 | -20.4% |
| Other operating charges | 640/8 | €56,772 | €44,496 | -€12,275 | -21.6% |
| Gross operating margin | 9900 | €1,538,288 | €1,643,601 | +€105,313 | +6.8% |
| Operating profit (loss) | 9901 | -€681,527 | -€766,772 | -€85,245 | -12.5% |
| Financial income | 75/76B | €6,687,915 | €683,292 | -€6.0m | -89.8% |
| Recurring financial income | 75 | €6,637,782 | €683,292 | -€6.0m | -89.7% |
| Non-recurring financial income | 76B | €50,133 | €0 | -€50,133 | -100% |
| Financial charges | 65/66B | €6,037,069 | €6,323,536 | +€286,466 | +4.7% |
| Recurring financial charges | 65 | €6,037,069 | €6,323,536 | +€286,466 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,681 | -€6,407,015 | -€6.4m | -20,783% |
| Transfer from deferred taxes | 780 | €13,415 | €12,294 | -€1,121 | -8.4% |
| Income taxes | 67/77 | €856 | €867 | +€11 | +1.3% |
| Profit (loss) for the period | 9904 | -€18,122 | -€6,395,589 | -€6.4m | -35,191% |
| Transfer from tax-exempt reserves | 789 | €36,881 | €36,881 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €1,121 | €0 | -€1,121 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €17,637 | -€6,358,708 | -€6.4m |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 29 February 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.