EuroPilot Center: what changed
EuroPilot Center
Largest movements
- Cash +€293,912
up €293,912 (+355%), from €82,794 to €376,707
mainly Receivables within one year (+€200,120) and Accrued charges and deferred income (+€63,262)
- Receivables within one year -€200,120
down €200,120 (-29.1%), from €688,404 to €488,285
of which Other amounts receivable: -€335,383
- Tangible fixed assets +€15,038
up €15,038 (+246%), from €6,122 to €21,160
of which Furniture and vehicles: +€15,939
- Accrued charges and deferred income +€63,262
up €63,262 (+129%), from €48,942 to €112,203
- Reserves +€47,888
up €47,888 (+21.6%), from €222,170 to €270,058
- Other debts +€41,353
up €41,353 (+189%), from €21,881 to €63,235
- Debts after one year -€40,221
down €40,221 (-41.5%), from €96,975 to €56,754
- Tax, wage and social debts -€13,852
down €13,852 (-29.0%), from €47,846 to €33,994
of which Taxes: -€17,129
- Other operating charges +€143,825
up €143,825 (+53.4%), from €269,278 to €413,103
- Gross operating margin +€108,163
up €108,163 (+23.3%), from €463,252 to €571,414
- Depreciation -€51,330
down €51,330 (-90.8%), from €56,521 to €5,191
- Staff costs +€8,597
up €8,597 (+12.9%), from €66,570 to €75,167
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €849,830 | €953,757 | +€103,927 | +12.2% |
| Fixed assets | 21/28 | €8,856 | €21,355 | +€12,500 | +141% |
| Intangible fixed assets | 21 | €2,734 | €195 | -€2,539 | -92.9% |
| Tangible fixed assets | 22/27 | €6,122 | €21,160 | +€15,038 | +246% |
| Plant, machinery and equipment | 23 | €2,367 | €1,466 | -€901 | -38.1% |
| Furniture and vehicles | 24 | €3,756 | €19,695 | +€15,939 | +424% |
| Current assets | 29/58 | €840,975 | €932,402 | +€91,427 | +10.9% |
| Stocks and contracts in progress | 3 | €7,028 | €13,342 | +€6,314 | +89.8% |
| Stocks | 30/36 | €7,028 | €13,342 | +€6,314 | +89.8% |
| Amounts receivable within one year | 40/41 | €688,404 | €488,285 | -€200,120 | -29.1% |
| Trade receivables | 40 | €264,330 | €399,594 | +€135,264 | +51.2% |
| Other amounts receivable | 41 | €424,074 | €88,691 | -€335,383 | -79.1% |
| Cash at bank and in hand | 54/58 | €82,794 | €376,707 | +€293,912 | +355% |
| Deferred charges and accrued income | 490/1 | €62,748 | €54,069 | -€8,679 | -13.8% |
| Total equity and liabilities | 10/49 | €849,830 | €953,757 | +€103,927 | +12.2% |
| Equity | 10/15 | €240,720 | €288,608 | +€47,888 | +19.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €222,170 | €270,058 | +€47,888 | +21.6% |
| Distributable reserves | 133 | €222,170 | €270,058 | +€47,888 | +21.6% |
| Amounts payable | 17/49 | €609,111 | €665,150 | +€56,039 | +9.2% |
| Amounts payable after more than one year | 17 | €96,975 | €56,754 | -€40,221 | -41.5% |
| Financial debts | 170/4 | €96,975 | €56,754 | -€40,221 | -41.5% |
| Amounts payable within one year | 42/48 | €463,194 | €496,193 | +€32,998 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €16,195 | €16,477 | +€282 | +1.7% |
| Financial debts | 43 | €13,397 | €16,728 | +€3,331 | +24.9% |
| Credit institutions | 430/8 | €13,397 | €16,728 | +€3,331 | +24.9% |
| Trade debts | 44 | €363,876 | €365,759 | +€1,883 | +0.5% |
| Suppliers | 440/4 | €363,876 | €365,759 | +€1,883 | +0.5% |
| Taxes, remuneration and social security | 45 | €47,846 | €33,994 | -€13,852 | -29.0% |
| Taxes | 450/3 | €37,928 | €20,799 | -€17,129 | -45.2% |
| Remuneration and social security | 454/9 | €9,917 | €13,195 | +€3,277 | +33.0% |
| Other amounts payable | 47/48 | €21,881 | €63,235 | +€41,353 | +189% |
| Accrued charges and deferred income | 492/3 | €48,942 | €112,203 | +€63,262 | +129% |
| Remuneration, social security and pensions | 62 | €66,570 | €75,167 | +€8,597 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,521 | €5,191 | -€51,330 | -90.8% |
| Other operating charges | 640/8 | €269,278 | €413,103 | +€143,825 | +53.4% |
| Gross operating margin | 9900 | €463,252 | €571,414 | +€108,163 | +23.3% |
| Operating profit (loss) | 9901 | €70,883 | €77,954 | +€7,071 | +10.0% |
| Financial income | 75/76B | €622 | €3,823 | +€3,201 | +515% |
| Recurring financial income | 75 | €622 | €3,823 | +€3,201 | +515% |
| Financial charges | 65/66B | €5,660 | €3,767 | -€1,893 | -33.4% |
| Recurring financial charges | 65 | €5,660 | €3,767 | -€1,893 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €65,845 | €78,010 | +€12,165 | +18.5% |
| Income taxes | 67/77 | €21,308 | €25,122 | +€3,815 | +17.9% |
| Profit (loss) for the period | 9904 | €44,537 | €52,888 | +€8,351 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,537 | €52,888 | +€8,351 | +18.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.