EUROPCAT: 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.
EUROPCAT
Largest movements
- Receivables within one year +€428,093
up €428,093 (+12.9%), from €3.3m to €3.8m
of which Trade receivables: +€424,837
- Cash -€280,986
down €280,986 (-34.2%), from €821,501 to €540,516
mainly Receivables within one year (-€428,093) and Investment in fixed assets (net) (-€416,457)
- Tangible fixed assets +€200,852
up €200,852 (+9.0%), from €2.2m to €2.4m
of which Assets under construction and advance payments: +€151,750
- Profit (loss) carried forward +€257,564
up €257,564 (+18.7%), from -€1.4m to -€1.1m
- Trade debts +€103,370
up €103,370 (+19.5%), from €528,771 to €632,141
- Gross operating margin -€338,927
down €338,927 (-15.8%), from €2.2m to €1.8m
- Staff costs +€163,131
up €163,131 (+13.1%), from €1.2m to €1.4m
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,377,279 | €6,732,214 | +€354,935 | +5.6% |
| Fixed assets | 21/28 | €2,223,649 | €2,424,501 | +€200,852 | +9.0% |
| Tangible fixed assets | 22/27 | €2,221,209 | €2,422,061 | +€200,852 | +9.0% |
| Land and buildings | 22 | €2,041,869 | €2,110,846 | +€68,978 | +3.4% |
| Furniture and vehicles | 24 | €179,340 | €159,465 | -€19,875 | -11.1% |
| Assets under construction and advance payments | 27 | - | €151,750 | +€151,750 | |
| Financial fixed assets | 28 | €2,440 | €2,440 | = | 0.0% |
| Current assets | 29/58 | €4,153,630 | €4,307,713 | +€154,083 | +3.7% |
| Stocks and contracts in progress | 3 | €2,084 | €2,084 | = | 0.0% |
| Stocks | 30/36 | €2,084 | €2,084 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,327,354 | €3,755,447 | +€428,093 | +12.9% |
| Trade receivables | 40 | €3,323,905 | €3,748,742 | +€424,837 | +12.8% |
| Other amounts receivable | 41 | €3,449 | €6,705 | +€3,256 | +94.4% |
| Cash at bank and in hand | 54/58 | €821,501 | €540,516 | -€280,986 | -34.2% |
| Deferred charges and accrued income | 490/1 | €2,691 | €9,667 | +€6,976 | +259% |
| Total equity and liabilities | 10/49 | €6,377,279 | €6,732,214 | +€354,935 | +5.6% |
| Equity | 10/15 | €5,669,198 | €5,926,762 | +€257,564 | +4.5% |
| Contributions | 10/11 | €7,048,860 | €7,048,860 | = | 0.0% |
| Capital | 10 | €7,048,860 | €7,048,860 | = | 0.0% |
| Issued capital | 100 | €7,048,860 | €7,048,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,379,662 | -€1,122,098 | +€257,564 | +18.7% |
| Amounts payable | 17/49 | €708,080 | €805,452 | +€97,371 | +13.8% |
| Amounts payable within one year | 42/48 | €708,080 | €805,452 | +€97,371 | +13.8% |
| Trade debts | 44 | €528,771 | €632,141 | +€103,370 | +19.5% |
| Suppliers | 440/4 | €528,771 | €632,141 | +€103,370 | +19.5% |
| Taxes, remuneration and social security | 45 | €154,421 | €148,891 | -€5,530 | -3.6% |
| Taxes | 450/3 | €23,020 | €8,573 | -€14,447 | -62.8% |
| Remuneration and social security | 454/9 | €131,401 | €140,318 | +€8,917 | +6.8% |
| Other amounts payable | 47/48 | €24,888 | €24,420 | -€468 | -1.9% |
| Remuneration, social security and pensions | 62 | €1,246,182 | €1,409,314 | +€163,131 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225,908 | €215,605 | -€10,303 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,337 | €1,159 | +€2,496 | |
| Other operating charges | 640/8 | €64,497 | €68,803 | +€4,306 | +6.7% |
| Gross operating margin | 9900 | €2,150,965 | €1,812,038 | -€338,927 | -15.8% |
| Operating profit (loss) | 9901 | €615,715 | €117,157 | -€498,558 | -81.0% |
| Financial income | 75/76B | €130,893 | €148,007 | +€17,114 | +13.1% |
| Recurring financial income | 75 | €130,893 | €148,007 | +€17,114 | +13.1% |
| Financial charges | 65/66B | €10,977 | €7,601 | -€3,377 | -30.8% |
| Recurring financial charges | 65 | €10,977 | €7,601 | -€3,377 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €735,631 | €257,564 | -€478,067 | -65.0% |
| Profit (loss) for the period | 9904 | €735,631 | €257,564 | -€478,067 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €735,631 | €257,564 | -€478,067 | -65.0% |
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 24 October 2026 via checked.be.