EUROPSY: 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.
EUROPSY
Largest movements
- Cash +€119,016
up €119,016 (+110%), from €107,865 to €226,881
mainly Net result for the year (+€112,923) and Depreciation (+€47,002)
- Tangible fixed assets -€40,560
down €40,560 (-12.6%), from €323,020 to €282,460
of which Land and buildings: -€20,853
- Debts after one year +€27,264
up €27,264 (+33.2%), from €82,036 to €109,300
- Other debts +€26,967
up €26,967 (+35.1%), from €76,887 to €103,855
- Tax, wage and social debts +€16,663
up €16,663 (+146%), from €11,377 to €28,041
of which Taxes: +€11,323
- Reserves +€10,734
up €10,734 (+4.1%), from €261,613 to €272,347
of which Distributable reserves: +€10,734
- Gross operating margin +€76,711
up €76,711 (+42.2%), from €181,800 to €258,512
- Taxes +€22,003
up €22,003 (+73.1%), from €30,090 to €52,093
- Staff costs +€21,952
up €21,952 (+84.0%), from €26,121 to €48,073
- Financial charges -€3,597
down €3,597 (-32.3%), from €11,130 to €7,533
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 | €471,095 | €548,625 | +€77,530 | +16.5% |
| Fixed assets | 21/28 | €324,868 | €284,307 | -€40,560 | -12.5% |
| Tangible fixed assets | 22/27 | €323,020 | €282,460 | -€40,560 | -12.6% |
| Land and buildings | 22 | €271,006 | €250,153 | -€20,853 | -7.7% |
| Furniture and vehicles | 24 | €51,514 | €31,807 | -€19,707 | -38.3% |
| Other tangible fixed assets | 26 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €1,847 | €1,847 | = | 0.0% |
| Current assets | 29/58 | €146,227 | €264,318 | +€118,090 | +80.8% |
| Amounts receivable within one year | 40/41 | €29,113 | €32,067 | +€2,953 | +10.1% |
| Trade receivables | 40 | €21,475 | €14,451 | -€7,024 | -32.7% |
| Other amounts receivable | 41 | €7,639 | €17,616 | +€9,977 | +131% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €107,865 | €226,881 | +€119,016 | +110% |
| Deferred charges and accrued income | 490/1 | €9,249 | €5,370 | -€3,879 | -41.9% |
| Total equity and liabilities | 10/49 | €471,095 | €548,625 | +€77,530 | +16.5% |
| Equity | 10/15 | €287,077 | €296,146 | +€9,068 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261,613 | €272,347 | +€10,734 | +4.1% |
| Tax-exempt reserves | 132 | €33,250 | €33,250 | = | 0.0% |
| Distributable reserves | 133 | €228,363 | €239,097 | +€10,734 | +4.7% |
| Profit (loss) carried forward | 14 | €6,864 | €5,198 | -€1,666 | -24.3% |
| Amounts payable | 17/49 | €184,017 | €252,479 | +€68,462 | +37.2% |
| Amounts payable after more than one year | 17 | €82,036 | €109,300 | +€27,264 | +33.2% |
| Other amounts payable | 178/9 | €82,036 | €109,300 | +€27,264 | +33.2% |
| Amounts payable within one year | 42/48 | €94,583 | €137,322 | +€42,739 | +45.2% |
| Trade debts | 44 | €6,319 | €5,427 | -€892 | -14.1% |
| Suppliers | 440/4 | €6,319 | €5,427 | -€892 | -14.1% |
| Taxes, remuneration and social security | 45 | €11,377 | €28,041 | +€16,663 | +146% |
| Taxes | 450/3 | €7,548 | €18,870 | +€11,323 | +150% |
| Remuneration and social security | 454/9 | €3,830 | €9,170 | +€5,341 | +139% |
| Other amounts payable | 47/48 | €76,887 | €103,855 | +€26,967 | +35.1% |
| Accrued charges and deferred income | 492/3 | €7,399 | €5,858 | -€1,541 | -20.8% |
| Remuneration, social security and pensions | 62 | €26,121 | €48,073 | +€21,952 | +84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,594 | €47,002 | -€592 | -1.2% |
| Other operating charges | 640/8 | €4,556 | €4,366 | -€189 | -4.2% |
| Gross operating margin | 9900 | €181,800 | €258,512 | +€76,711 | +42.2% |
| Operating profit (loss) | 9901 | €103,529 | €159,070 | +€55,541 | +53.6% |
| Financial income | 75/76B | €13,166 | €13,479 | +€313 | +2.4% |
| Recurring financial income | 75 | €13,166 | €13,479 | +€313 | +2.4% |
| Financial charges | 65/66B | €11,130 | €7,533 | -€3,597 | -32.3% |
| Recurring financial charges | 65 | €11,130 | €7,533 | -€3,597 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €105,565 | €165,016 | +€59,451 | +56.3% |
| Income taxes | 67/77 | €30,090 | €52,093 | +€22,003 | +73.1% |
| Profit (loss) for the period | 9904 | €75,475 | €112,923 | +€37,448 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,475 | €112,923 | +€37,448 | +49.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.