EUROPHILE: 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.
EUROPHILE
Largest movements
- Receivables within one year -€1,070
down €1,070 (-7.3%), from €14,604 to €13,533
- Reserves -€771
down €771 (-9.2%), from €8,404 to €7,633
of which Non-distributable reserves: -€771
- Profit (loss) carried forward -€299
new in 2025: -€299
- Financial income -€113
down €113 (-40.3%), from €282 to €168
- Gross operating margin +€111
up €111 (+11.7%), from -€950 to -€839
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,604 | €13,533 | -€1,070 | -7.3% |
| Current assets | 29/58 | €14,604 | €13,533 | -€1,070 | -7.3% |
| Amounts receivable within one year | 40/41 | €14,604 | €13,533 | -€1,070 | -7.3% |
| Other amounts receivable | 41 | €14,604 | €13,533 | -€1,070 | -7.3% |
| Total equity and liabilities | 10/49 | €14,604 | €13,533 | -€1,070 | -7.3% |
| Equity | 10/15 | €14,604 | €13,533 | -€1,070 | -7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,404 | €7,633 | -€771 | -9.2% |
| Non-distributable reserves | 130/1 | €771 | - | -€771 | |
| Reserves not available under the articles | 1311 | €771 | - | -€771 | |
| Distributable reserves | 133 | €7,633 | €7,633 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€299 | -€299 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€950 | -€839 | +€111 | +11.7% |
| Operating profit (loss) | 9901 | -€1,337 | -€1,239 | +€99 | +7.4% |
| Financial income | 75/76B | €282 | €168 | -€113 | -40.3% |
| Recurring financial income | 75 | €282 | €168 | -€113 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,056 | -€1,070 | -€14 | -1.4% |
| Profit (loss) for the period | 9904 | -€1,056 | -€1,070 | -€14 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,056 | -€1,070 | -€14 | -1.4% |
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 21 October 2026 via checked.be.