European Circular Industry: what changed
Position among the sector peers
Sector benchmark: create a free account or sign in to use this tool.
You see every sector peer as a dot per ratio, with the company in two financial years and every ratio over five years against the sector.
What moved between 2024 and 2025
Largest movements
- Receivables within one year +€7,941
up €7,941 (+4,675%), from €170 to €8,111
of which Trade receivables: +€6,748
- Deferred charges and accrued income +€4,298
new in 2025: €4,298
- Cash +€3,565
up €3,565 (+298%), from €1,195 to €4,760
mainly Other debts (+€23,927) and Depreciation (+€1,462)
- Tangible fixed assets -€1,462
down €1,462 (-20.1%), from €7,286 to €5,824
- Stocks and contracts +€1,363
new in 2025: €1,363
- Other debts +€23,927
up €23,927 (+23,927%), from €100 to €24,027
- Profit (loss) carried forward -€7,031
down €7,031, from €3,742 to -€3,289
- Accrued charges and deferred income -€716
no longer reported in 2025 (was €716)
- Trade debts -€712
down €712 (-38.3%), from €1,857 to €1,145
- Gross operating margin -€9,698
down €9,698, from €4,721 to -€4,976
- Depreciation +€1,458
up €1,458 (+36,633%), from €4 to €1,462
- Taxes -€936
no longer reported in 2025 (was €936)
- Other operating charges +€416
new in 2025: €416
- Financial charges +€138
up €138 (+351%), from €39 to €177
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 | €8,651 | €24,356 | +€15,705 | +182% |
| Fixed assets | 21/28 | €7,286 | €5,824 | -€1,462 | -20.1% |
| Tangible fixed assets | 22/27 | €7,286 | €5,824 | -€1,462 | -20.1% |
| Plant, machinery and equipment | 23 | €7,286 | €5,824 | -€1,462 | -20.1% |
| Current assets | 29/58 | €1,365 | €18,532 | +€17,167 | +1,258% |
| Stocks and contracts in progress | 3 | - | €1,363 | +€1,363 | |
| Stocks | 30/36 | - | €1,363 | +€1,363 | |
| Amounts receivable within one year | 40/41 | €170 | €8,111 | +€7,941 | +4,675% |
| Trade receivables | 40 | - | €6,748 | +€6,748 | |
| Other amounts receivable | 41 | €170 | €1,363 | +€1,193 | +702% |
| Cash at bank and in hand | 54/58 | €1,195 | €4,760 | +€3,565 | +298% |
| Deferred charges and accrued income | 490/1 | - | €4,298 | +€4,298 | |
| Total equity and liabilities | 10/49 | €8,651 | €24,356 | +€15,705 | +182% |
| Equity | 10/15 | €5,042 | -€1,989 | -€7,031 | |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,742 | -€3,289 | -€7,031 | |
| Amounts payable | 17/49 | €3,608 | €26,345 | +€22,737 | +630% |
| Amounts payable within one year | 42/48 | €2,893 | €26,345 | +€23,452 | +811% |
| Trade debts | 44 | €1,857 | €1,145 | -€712 | -38.3% |
| Suppliers | 440/4 | €1,857 | €1,145 | -€712 | -38.3% |
| Taxes, remuneration and social security | 45 | €936 | €1,173 | +€237 | +25.4% |
| Taxes | 450/3 | €936 | €1,173 | +€237 | +25.4% |
| Other amounts payable | 47/48 | €100 | €24,027 | +€23,927 | +23,927% |
| Accrued charges and deferred income | 492/3 | €716 | - | -€716 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €1,462 | +€1,458 | +36,633% |
| Other operating charges | 640/8 | - | €416 | +€416 | |
| Gross operating margin | 9900 | €4,721 | -€4,976 | -€9,698 | |
| Operating profit (loss) | 9901 | €4,717 | -€6,854 | -€11,571 | |
| Financial charges | 65/66B | €39 | €177 | +€138 | +351% |
| Recurring financial charges | 65 | €39 | €177 | +€138 | +351% |
| Profit (loss) for the period before taxes | 9903 | €4,678 | -€7,031 | -€11,709 | |
| Income taxes | 67/77 | €936 | - | -€936 | |
| Profit (loss) for the period | 9904 | €3,742 | -€7,031 | -€10,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,742 | -€7,031 | -€10,774 |
Value
A value from the accounts assumes the company carries on.
Next steps
Calculation and sources
Source: filed annual accounts (NBB) and main activity (KBO). The movements compare the financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 13 November 2026 via checked.be.