EUROP SERVICES: 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.
EUROP SERVICES
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+88.0%), from €1.5m to €2.8m
of which Land and buildings: +€1.3m
- Deferred charges and accrued income +€127,279
up €127,279 (+27840.5%), from €457 to €127,736
- Cash +€82,182
up €82,182 (+474.5%), from €17,318 to €99,501
mainly Contributions, distributions and other (+€1.5m) and Depreciation (+€162,968)
- Reserves +€1.4m
up €1.4m (+6256.9%), from €21,860 to €1.4m
of which Distributable reserves: +€1.4m
- Profit (loss) carried forward +€87,678
up €87,678 (+22.4%), from -€391,130 to -€303,452
- Contributions +€52,796
up €52,796 (+283.8%), from €18,600 to €71,396
- Gross operating margin +€212,138
up €212,138 (+478.7%), from €44,315 to €256,452
- Depreciation +€98,443
up €98,443 (+152.6%), from €64,525 to €162,968
- Financial charges +€23,150
up €23,150 (+1521.7%), from €1,521 to €24,671
- Taxes +€17,355
up €17,355 (+741660.3%), from €2 to €17,357
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.
Cash bridge derived
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 | €1,534,536 | €3,069,834 | +€1.5m | +100.0% |
| Fixed assets | 21/28 | €1,512,017 | €2,842,567 | +€1.3m | +88.0% |
| Tangible fixed assets | 22/27 | €1,512,017 | €2,842,567 | +€1.3m | +88.0% |
| Land and buildings | 22 | €1,502,262 | €2,835,251 | +€1.3m | +88.7% |
| Plant, machinery and equipment | 23 | €9,169 | €6,876 | -€2,292 | -25.0% |
| Furniture and vehicles | 24 | €587 | €440 | -€147 | -25.0% |
| Current assets | 29/58 | €22,519 | €227,266 | +€204,748 | +909.2% |
| Amounts receivable within one year | 40/41 | €4,743 | €30 | -€4,713 | -99.4% |
| Trade receivables | 40 | €3,890 | €0 | -€3,890 | -100.0% |
| Other amounts receivable | 41 | €853 | €30 | -€823 | -96.5% |
| Cash at bank and in hand | 54/58 | €17,318 | €99,501 | +€82,182 | +474.5% |
| Deferred charges and accrued income | 490/1 | €457 | €127,736 | +€127,279 | +27840.5% |
| Total equity and liabilities | 10/49 | €1,534,536 | €3,069,834 | +€1.5m | +100.0% |
| Equity | 10/15 | -€350,670 | €1,157,563 | +€1.5m | |
| Contributions | 10/11 | €18,600 | €71,396 | +€52,796 | +283.8% |
| Reserves | 13 | €21,860 | €1,389,619 | +€1.4m | +6256.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €21,860 | €1,389,619 | +€1.4m | +6256.9% |
| Profit (loss) carried forward | 14 | -€391,130 | -€303,452 | +€87,678 | +22.4% |
| Amounts payable | 17/49 | €1,885,206 | €1,912,271 | +€27,065 | +1.4% |
| Amounts payable within one year | 42/48 | €1,885,206 | €1,912,271 | +€27,065 | +1.4% |
| Trade debts | 44 | €0 | €9,269 | +€9,269 | |
| Suppliers | 440/4 | €0 | €9,269 | +€9,269 | |
| Taxes, remuneration and social security | 45 | - | €17,324 | +€17,324 | |
| Taxes | 450/3 | - | €17,324 | +€17,324 | |
| Other amounts payable | 47/48 | €1,885,206 | €1,885,677 | +€471 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,525 | €162,968 | +€98,443 | +152.6% |
| Other operating charges | 640/8 | €1,997 | €3,372 | +€1,375 | +68.9% |
| Non-recurring operating charges | 66A | - | €500 | +€500 | |
| Gross operating margin | 9900 | €44,315 | €256,452 | +€212,138 | +478.7% |
| Operating profit (loss) | 9901 | -€22,207 | €89,613 | +€111,820 | |
| Financial income | 75/76B | €16 | €109 | +€93 | +598.1% |
| Recurring financial income | 75 | €16 | €109 | +€93 | +598.1% |
| Financial charges | 65/66B | €1,521 | €24,671 | +€23,150 | +1521.7% |
| Recurring financial charges | 65 | €1,521 | €24,671 | +€23,150 | +1521.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,713 | €65,051 | +€88,764 | |
| Transfer from deferred taxes | 780 | - | €7,676 | +€7,676 | |
| Income taxes | 67/77 | €2 | €17,357 | +€17,355 | +741660.3% |
| Profit (loss) for the period | 9904 | -€23,715 | €55,370 | +€79,085 | |
| Transfer from tax-exempt reserves | 789 | - | €18,471 | +€18,471 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,715 | €73,841 | +€97,556 |
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 12 October 2026 via checked.be.