EUROPEXE: what changed
Two fiscal 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.
EUROPEXE
Largest movements
- Tangible fixed assets -€7,948
down €7,948 (-44.8%), from €17,723 to €9,775
of which Plant, machinery and equipment: -€5,508
- Receivables within one year -€2,860
down €2,860 (-6.4%), from €44,910 to €42,050
of which Trade receivables: -€2,862
- Profit (loss) carried forward -€23,391
down €23,391 (-3156.6%), from -€741 to -€24,132
- Other debts +€12,649
up €12,649 (+15.7%), from €80,383 to €93,032
- Gross operating margin -€21,648
down €21,648, from €8,996 to -€12,652
- Other operating charges +€1,866
up €1,866 (+481.8%), from €387 to €2,253
- Depreciation +€342
up €342 (+4.5%), from €7,606 to €7,948
- Financial income -€271
no longer reported in 2025 (was €271)
- Financial charges -€129
down €129 (-19.3%), from €666 to €538
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.
Cash bridge derived
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 | €105,435 | €95,099 | -€10,336 | -9.8% |
| Fixed assets | 21/28 | €17,923 | €9,975 | -€7,948 | -44.3% |
| Tangible fixed assets | 22/27 | €17,723 | €9,775 | -€7,948 | -44.8% |
| Plant, machinery and equipment | 23 | €12,177 | €6,668 | -€5,508 | -45.2% |
| Furniture and vehicles | 24 | €4,307 | €3,107 | -€1,200 | -27.9% |
| Other tangible fixed assets | 26 | €1,240 | - | -€1,240 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €87,511 | €85,124 | -€2,388 | -2.7% |
| Amounts receivable within one year | 40/41 | €44,910 | €42,050 | -€2,860 | -6.4% |
| Trade receivables | 40 | €14,296 | €11,434 | -€2,862 | -20.0% |
| Other amounts receivable | 41 | €30,614 | €30,616 | +€2 | 0.0% |
| Current investments | 50/53 | €34,760 | €34,760 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,692 | €5,783 | +€91 | +1.6% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,532 | +€382 | +17.8% |
| Total equity and liabilities | 10/49 | €105,435 | €95,099 | -€10,336 | -9.8% |
| Equity | 10/15 | €19,719 | -€3,672 | -€23,391 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€741 | -€24,132 | -€23,391 | -3156.6% |
| Amounts payable | 17/49 | €85,716 | €98,771 | +€13,055 | +15.2% |
| Amounts payable within one year | 42/48 | €85,716 | €98,771 | +€13,055 | +15.2% |
| Financial debts | 43 | €5,000 | €4,995 | -€5 | -0.1% |
| Credit institutions | 430/8 | €5,000 | €4,995 | -€5 | -0.1% |
| Trade debts | 44 | €332 | €744 | +€411 | +123.8% |
| Suppliers | 440/4 | €332 | €744 | +€411 | +123.8% |
| Other amounts payable | 47/48 | €80,383 | €93,032 | +€12,649 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,606 | €7,948 | +€342 | +4.5% |
| Other operating charges | 640/8 | €387 | €2,253 | +€1,866 | +481.8% |
| Gross operating margin | 9900 | €8,996 | -€12,652 | -€21,648 | |
| Operating profit (loss) | 9901 | €1,004 | -€22,853 | -€23,857 | |
| Financial income | 75/76B | €271 | - | -€271 | |
| Recurring financial income | 75 | €271 | - | -€271 | |
| Financial charges | 65/66B | €666 | €538 | -€129 | -19.3% |
| Recurring financial charges | 65 | €666 | €538 | -€129 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €608 | -€23,391 | -€23,999 | |
| Profit (loss) for the period | 9904 | €608 | -€23,391 | -€23,999 | |
| Profit (loss) for the period to be appropriated | 9905 | €608 | -€23,391 | -€23,999 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.