EUROPA DESIGN: what changed
EUROPA DESIGN
Largest movements
- Stocks and contracts +€18,000
new in 2025: €18,000
- Receivables within one year +€12,059
up €12,059 (+23.3%), from €51,687 to €63,746
of which Other amounts receivable: +€6,035
- Cash -€7,100
down €7,100 (-99.5%), from €7,136 to €35
mainly Stocks and contracts (-€18,000) and Receivables within one year (-€12,059)
- Tangible fixed assets -€1,172
down €1,172 (-8.2%), from €14,313 to €13,141
- Trade debts +€15,489
up €15,489 (+124%), from €12,445 to €27,934
- Other debts +€3,145
up €3,145 (+272%), from €1,157 to €4,302
- Tax, wage and social debts +€2,009
up €2,009 (+30.3%), from €6,630 to €8,639
of which Remuneration and social security: +€2,112
- Profit (loss) carried forward +€1,145
up €1,145 (+2.6%), from €44,843 to €45,988
- Financial charges +€7,848
up €7,848 (+78.7%), from €9,967 to €17,815
- Staff costs +€5,632
up €5,632 (+12.6%), from €44,596 to €50,228
- Gross operating margin +€4,556
up €4,556 (+6.2%), from €74,020 to €78,576
- Other operating charges +€1,836
up €1,836 (+608%), from €302 to €2,138
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,135 | €94,923 | +€21,788 | +29.8% |
| Fixed assets | 21/28 | €14,313 | €13,141 | -€1,172 | -8.2% |
| Tangible fixed assets | 22/27 | €14,313 | €13,141 | -€1,172 | -8.2% |
| Furniture and vehicles | 24 | €14,313 | €13,141 | -€1,172 | -8.2% |
| Current assets | 29/58 | €58,822 | €81,781 | +€22,959 | +39.0% |
| Stocks and contracts in progress | 3 | - | €18,000 | +€18,000 | |
| Contracts in progress | 37 | - | €18,000 | +€18,000 | |
| Amounts receivable within one year | 40/41 | €51,687 | €63,746 | +€12,059 | +23.3% |
| Trade receivables | 40 | €46,145 | €52,170 | +€6,025 | +13.1% |
| Other amounts receivable | 41 | €5,542 | €11,576 | +€6,035 | +109% |
| Cash at bank and in hand | 54/58 | €7,136 | €35 | -€7,100 | -99.5% |
| Total equity and liabilities | 10/49 | €73,135 | €94,923 | +€21,788 | +29.8% |
| Equity | 10/15 | €52,903 | €54,048 | +€1,145 | +2.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,843 | €45,988 | +€1,145 | +2.6% |
| Amounts payable | 17/49 | €20,232 | €40,875 | +€20,643 | +102% |
| Amounts payable within one year | 42/48 | €20,232 | €40,875 | +€20,643 | +102% |
| Trade debts | 44 | €12,445 | €27,934 | +€15,489 | +124% |
| Suppliers | 440/4 | €12,445 | €27,934 | +€15,489 | +124% |
| Taxes, remuneration and social security | 45 | €6,630 | €8,639 | +€2,009 | +30.3% |
| Taxes | 450/3 | €5,147 | €5,044 | -€103 | -2.0% |
| Remuneration and social security | 454/9 | €1,483 | €3,595 | +€2,112 | +142% |
| Other amounts payable | 47/48 | €1,157 | €4,302 | +€3,145 | +272% |
| Remuneration, social security and pensions | 62 | €44,596 | €50,228 | +€5,632 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,286 | €4,837 | +€550 | +12.8% |
| Other operating charges | 640/8 | €302 | €2,138 | +€1,836 | +608% |
| Non-recurring operating charges | 66A | €1,774 | - | -€1,774 | |
| Gross operating margin | 9900 | €74,020 | €78,576 | +€4,556 | +6.2% |
| Operating profit (loss) | 9901 | €23,062 | €21,373 | -€1,689 | -7.3% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €9,967 | €17,815 | +€7,848 | +78.7% |
| Recurring financial charges | 65 | €9,967 | €17,815 | +€7,848 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | €13,095 | €3,559 | -€9,536 | -72.8% |
| Income taxes | 67/77 | €2,997 | €2,414 | -€583 | -19.5% |
| Profit (loss) for the period | 9904 | €10,098 | €1,145 | -€8,953 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,098 | €1,145 | -€8,953 | -88.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.