EUROPA CONSTRUCT: 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.
EUROPA CONSTRUCT
Largest movements
- Receivables within one year +€30,559
up €30,559 (+20.2%), from €151,465 to €182,024
of which Other amounts receivable: +€16,269
- Cash -€9,532
down €9,532 (-77.6%), from €12,286 to €2,754
mainly Receivables within one year (-€30,559) and Debts after one year (-€6,968)
- Tangible fixed assets -€5,287
down €5,287 (-58.1%), from €9,095 to €3,808
of which Leasing and similar rights: -€4,559
- Trade debts +€15,812
up €15,812 (+176.0%), from €8,986 to €24,798
- Profit (loss) carried forward +€7,183
up €7,183 (+5.5%), from €129,494 to €136,677
- Debts after one year -€6,968
no longer reported in 2024 (was €6,968)
- Current portion of long-term debt -€3,923
no longer reported in 2024 (was €3,923)
- Tax, wage and social debts +€3,636
up €3,636 (+47.8%), from €7,613 to €11,249
of which Remuneration and social security: +€3,636
- Turnover +€309,275
up €309,275 (+128.9%), from €239,891 to €549,166
- Purchases and services +€290,686
up €290,686 (+127.7%), from €227,712 to €518,398
- Gross operating margin +€18,589
up €18,589 (+152.6%), from €12,179 to €30,767
- Financial income +€14,000
up €14,000 (+2476.1%), from €565 to €14,565
of which Non-recurring financial income: +€13,943
- Taxes +€10,598
new in 2024: €10,598
From the 31-12-2023 result to the 31-12-2024 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.
Cash bridge derived
Derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,045 | €188,784 | +€15,740 | +9.1% |
| Fixed assets | 21/28 | €9,293 | €4,007 | -€5,287 | -56.9% |
| Tangible fixed assets | 22/27 | €9,095 | €3,808 | -€5,287 | -58.1% |
| Plant, machinery and equipment | 23 | - | €765 | +€765 | |
| Furniture and vehicles | 24 | €3,624 | €2,131 | -€1,492 | -41.2% |
| Leasing and similar rights | 25 | €5,471 | €912 | -€4,559 | -83.3% |
| Financial fixed assets | 28 | €199 | €199 | = | 0.0% |
| Current assets | 29/58 | €163,751 | €184,777 | +€21,026 | +12.8% |
| Amounts receivable within one year | 40/41 | €151,465 | €182,024 | +€30,559 | +20.2% |
| Trade receivables | 40 | €66,678 | €80,968 | +€14,290 | +21.4% |
| Other amounts receivable | 41 | €84,787 | €101,056 | +€16,269 | +19.2% |
| Cash at bank and in hand | 54/58 | €12,286 | €2,754 | -€9,532 | -77.6% |
| Total equity and liabilities | 10/49 | €173,045 | €188,784 | +€15,740 | +9.1% |
| Equity | 10/15 | €145,554 | €152,737 | +€7,183 | +4.9% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Contributions outside capital | 11 | €14,200 | €14,200 | = | 0.0% |
| Share premium | 1100/10 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,494 | €136,677 | +€7,183 | +5.5% |
| Amounts payable | 17/49 | €27,490 | €36,047 | +€8,557 | +31.1% |
| Amounts payable after more than one year | 17 | €6,968 | - | -€6,968 | |
| Financial debts | 170/4 | €6,968 | - | -€6,968 | |
| Amounts payable within one year | 42/48 | €20,522 | €36,047 | +€15,525 | +75.6% |
| Current portion of amounts payable after more than one year | 42 | €3,923 | - | -€3,923 | |
| Trade debts | 44 | €8,986 | €24,798 | +€15,812 | +176.0% |
| Suppliers | 440/4 | €8,986 | €24,798 | +€15,812 | +176.0% |
| Taxes, remuneration and social security | 45 | €7,613 | €11,249 | +€3,636 | +47.8% |
| Taxes | 450/3 | €7,613 | €7,613 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €3,636 | +€3,636 | |
| Turnover | 70 | €239,891 | €549,166 | +€309,275 | +128.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €227,712 | €518,398 | +€290,686 | +127.7% |
| Remuneration, social security and pensions | 62 | €89 | - | -€89 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,257 | €6,526 | +€3,269 | +100.4% |
| Other operating charges | 640/8 | €707 | €708 | +€2 | +0.3% |
| Non-recurring operating charges | 66A | - | €14,408 | +€14,408 | |
| Gross operating margin | 9900 | €12,179 | €30,767 | +€18,589 | +152.6% |
| Operating profit (loss) | 9901 | €8,126 | €9,124 | +€998 | +12.3% |
| Financial income | 75/76B | €565 | €14,565 | +€14,000 | +2476.1% |
| Recurring financial income | 75 | €126 | €183 | +€57 | +45.1% |
| Non-recurring financial income | 76B | €439 | €14,382 | +€13,943 | +3175.9% |
| Financial charges | 65/66B | €1,211 | €5,908 | +€4,697 | +387.8% |
| Recurring financial charges | 65 | €1,072 | €5,908 | +€4,836 | +451.0% |
| Non-recurring financial charges | 66B | €139 | - | -€139 | |
| Profit (loss) for the period before taxes | 9903 | €7,480 | €17,781 | +€10,301 | +137.7% |
| Income taxes | 67/77 | - | €10,598 | +€10,598 | |
| Profit (loss) for the period | 9904 | €7,480 | €7,183 | -€297 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,480 | €7,183 | -€297 | -4.0% |
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 10 October 2026 via checked.be.