EUROPA-LINE: 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-LINE
Largest movements
- Receivables within one year +€10,952
up €10,952 (+12.9%), from €84,659 to €95,611
of which Other amounts receivable: +€31,474
- Cash -€7,239
down €7,239 (-59.8%), from €12,111 to €4,872
- Tangible fixed assets -€2,059
down €2,059 (-57.5%), from €3,583 to €1,524
of which Furniture and vehicles: -€2,000
- Reserves +€7,480
up €7,480 (+8.4%), from €89,166 to €96,646
of which Distributable reserves: +€7,480
- Profit (loss) carried forward -€6,480
new in 2024: -€6,480
- Gross operating margin -€22,254
down €22,254, from €16,946 to -€5,309
- Financial income -€971
down €971 (-25.9%), from €3,753 to €2,781
- Other operating charges -€711
down €711 (-85.8%), from €829 to €118
- Depreciation +€217
up €217 (+17.4%), from €1,246 to €1,463
From the 2023 result to the 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.
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,353 | €103,007 | +€1,654 | +1.6% |
| Fixed assets | 21/28 | €4,583 | €2,524 | -€2,059 | -44.9% |
| Tangible fixed assets | 22/27 | €3,583 | €1,524 | -€2,059 | -57.5% |
| Plant, machinery and equipment | 23 | €1,000 | €941 | -€59 | -5.9% |
| Furniture and vehicles | 24 | €2,583 | €583 | -€2,000 | -77.4% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €96,770 | €100,483 | +€3,714 | +3.8% |
| Amounts receivable within one year | 40/41 | €84,659 | €95,611 | +€10,952 | +12.9% |
| Trade receivables | 40 | €22,250 | €1,728 | -€20,522 | -92.2% |
| Other amounts receivable | 41 | €62,409 | €93,883 | +€31,474 | +50.4% |
| Cash at bank and in hand | 54/58 | €12,111 | €4,872 | -€7,239 | -59.8% |
| Total equity and liabilities | 10/49 | €101,353 | €103,007 | +€1,654 | +1.6% |
| Equity | 10/15 | €101,316 | €102,316 | +€1,000 | +1.0% |
| Contributions | 10/11 | €12,150 | €12,150 | = | 0.0% |
| Capital | 10 | €12,150 | - | -€12,150 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,450 | - | -€6,450 | |
| Reserves | 13 | €89,166 | €96,646 | +€7,480 | +8.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €87,306 | €94,786 | +€7,480 | +8.6% |
| Profit (loss) carried forward | 14 | - | -€6,480 | -€6,480 | |
| Amounts payable | 17/49 | €36 | €691 | +€654 | +1,797% |
| Amounts payable within one year | 42/48 | €36 | €691 | +€654 | +1,797% |
| Trade debts | 44 | €36 | €691 | +€654 | +1,797% |
| Suppliers | 440/4 | €36 | €691 | +€654 | +1,797% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,246 | €1,463 | +€217 | +17.4% |
| Other operating charges | 640/8 | €829 | €118 | -€711 | -85.8% |
| Gross operating margin | 9900 | €16,946 | -€5,309 | -€22,254 | |
| Operating profit (loss) | 9901 | €14,870 | -€6,890 | -€21,760 | |
| Financial income | 75/76B | €3,753 | €2,781 | -€971 | -25.9% |
| Recurring financial income | 75 | €3,753 | €2,781 | -€971 | -25.9% |
| Financial charges | 65/66B | €68 | €82 | +€14 | +20.1% |
| Recurring financial charges | 65 | €68 | €82 | +€14 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €18,555 | -€4,190 | -€22,745 | |
| Profit (loss) for the period | 9904 | €18,555 | -€4,190 | -€22,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,555 | -€4,190 | -€22,745 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.