Europesync: 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.
Europesync
Largest movements
- Receivables within one year +€5,200
up €5,200 (+585%), from €889 to €6,089
- Cash -€1,662
down €1,662 (-2.7%), from €62,534 to €60,872
mainly Contributions, distributions and other (-€100,000) and Tax, wage and social debts (-€13,801)
- Tangible fixed assets +€833
new in 2025: €833
- Tax, wage and social debts -€13,801
down €13,801 (-28.3%), from €48,831 to €35,030
- Other debts +€10,600
up €10,600 (+451%), from €2,351 to €12,951
- Current portion of long-term debt +€8,861
new in 2025: €8,861
- Trade debts -€3,368
down €3,368 (-56.4%), from €5,970 to €2,602
- Profit (loss) carried forward +€2,081
up €2,081 (+48.7%), from €4,270 to €6,351
- Gross operating margin +€19,575
up €19,575 (+17.1%), from €114,285 to €133,860
- Taxes +€3,535
up €3,535 (+13.6%), from €25,979 to €29,514
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,423 | €67,794 | +€4,372 | +6.9% |
| Fixed assets | 21/28 | - | €833 | +€833 | |
| Tangible fixed assets | 22/27 | - | €833 | +€833 | |
| Furniture and vehicles | 24 | - | €833 | +€833 | |
| Current assets | 29/58 | €63,423 | €66,961 | +€3,538 | +5.6% |
| Amounts receivable within one year | 40/41 | €889 | €6,089 | +€5,200 | +585% |
| Trade receivables | 40 | €889 | €6,089 | +€5,200 | +585% |
| Cash at bank and in hand | 54/58 | €62,534 | €60,872 | -€1,662 | -2.7% |
| Total equity and liabilities | 10/49 | €63,423 | €67,794 | +€4,372 | +6.9% |
| Equity | 10/15 | €6,270 | €8,351 | +€2,081 | +33.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,270 | €6,351 | +€2,081 | +48.7% |
| Amounts payable | 17/49 | €57,153 | €59,444 | +€2,291 | +4.0% |
| Amounts payable within one year | 42/48 | €57,153 | €59,444 | +€2,291 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,861 | +€8,861 | |
| Trade debts | 44 | €5,970 | €2,602 | -€3,368 | -56.4% |
| Suppliers | 440/4 | €5,970 | €2,602 | -€3,368 | -56.4% |
| Taxes, remuneration and social security | 45 | €48,831 | €35,030 | -€13,801 | -28.3% |
| Taxes | 450/3 | €48,831 | €35,030 | -€13,801 | -28.3% |
| Other amounts payable | 47/48 | €2,351 | €12,951 | +€10,600 | +451% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €24 | +€24 | |
| Other operating charges | 640/8 | €287 | €33 | -€253 | -88.3% |
| Gross operating margin | 9900 | €114,285 | €133,860 | +€19,575 | +17.1% |
| Operating profit (loss) | 9901 | €113,998 | €133,803 | +€19,805 | +17.4% |
| Financial income | 75/76B | €37 | €188 | +€151 | +405% |
| Recurring financial income | 75 | €37 | €188 | +€151 | +405% |
| Financial charges | 65/66B | €1,536 | €2,396 | +€860 | +56.0% |
| Recurring financial charges | 65 | €1,536 | €2,396 | +€860 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €112,499 | €131,595 | +€19,096 | +17.0% |
| Income taxes | 67/77 | €25,979 | €29,514 | +€3,535 | +13.6% |
| Profit (loss) for the period | 9904 | €86,520 | €102,081 | +€15,561 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,520 | €102,081 | +€15,561 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.