EUROSAT: 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.
EUROSAT
Largest movements
- Cash -€54,835
down €54,835 (-31.9%), from €171,949 to €117,114
mainly Current investments (-€50,302) and Contributions, distributions and other (-€50,000)
- Current investments +€50,302
up €50,302 (+50.3%), from €100,000 to €150,302
- Receivables within one year -€21,628
down €21,628 (-47.7%), from €45,374 to €23,746
of which Trade receivables: -€22,014
- Reserves +€74,014
up €74,014 (+10.8%), from €682,953 to €756,967
- Debts after one year -€35,763
down €35,763 (-86.0%), from €41,575 to €5,811
of which Financial debts: -€35,763
- Other debts -€35,000
down €35,000 (-37.3%), from €93,726 to €58,726
- Provisions -€18,362
down €18,362 (-53.6%), from €34,236 to €15,874
- Gross operating margin -€37,969
down €37,969 (-19.2%), from €197,356 to €159,387
- Provisions -€18,362
new in 2025: -€18,362
- Taxes +€4,614
up €4,614 (+23.1%), from €19,995 to €24,609
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 | €985,042 | €962,215 | -€22,827 | -2.3% |
| Fixed assets | 21/28 | €667,404 | €669,909 | +€2,505 | +0.4% |
| Tangible fixed assets | 22/27 | €667,029 | €669,534 | +€2,505 | +0.4% |
| Land and buildings | 22 | €664,697 | €657,436 | -€7,261 | -1.1% |
| Plant, machinery and equipment | 23 | €2,332 | €12,098 | +€9,766 | +418.8% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €317,639 | €292,307 | -€25,332 | -8.0% |
| Amounts receivable within one year | 40/41 | €45,374 | €23,746 | -€21,628 | -47.7% |
| Trade receivables | 40 | €40,510 | €18,496 | -€22,014 | -54.3% |
| Other amounts receivable | 41 | €4,863 | €5,249 | +€386 | +7.9% |
| Current investments | 50/53 | €100,000 | €150,302 | +€50,302 | +50.3% |
| Cash at bank and in hand | 54/58 | €171,949 | €117,114 | -€54,835 | -31.9% |
| Deferred charges and accrued income | 490/1 | €316 | €1,144 | +€829 | +262.5% |
| Total equity and liabilities | 10/49 | €985,042 | €962,215 | -€22,827 | -2.3% |
| Equity | 10/15 | €701,553 | €775,567 | +€74,014 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €682,953 | €756,967 | +€74,014 | +10.8% |
| Distributable reserves | 133 | €682,953 | €756,967 | +€74,014 | +10.8% |
| Provisions and deferred taxes | 16 | €34,236 | €15,874 | -€18,362 | -53.6% |
| Provisions for liabilities and charges | 160/5 | €34,236 | €15,874 | -€18,362 | -53.6% |
| Major repairs and maintenance | 162 | €34,236 | €15,874 | -€18,362 | -53.6% |
| Amounts payable | 17/49 | €249,253 | €170,774 | -€78,479 | -31.5% |
| Amounts payable after more than one year | 17 | €41,575 | €5,811 | -€35,763 | -86.0% |
| Financial debts | 170/4 | €37,015 | €1,251 | -€35,763 | -96.6% |
| Other amounts payable | 178/9 | €4,560 | €4,560 | = | 0.0% |
| Amounts payable within one year | 42/48 | €202,172 | €164,963 | -€37,209 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €32,955 | €34,512 | +€1,558 | +4.7% |
| Trade debts | 44 | €69,421 | €67,546 | -€1,875 | -2.7% |
| Suppliers | 440/4 | €69,421 | €67,546 | -€1,875 | -2.7% |
| Taxes, remuneration and social security | 45 | €6,070 | €4,178 | -€1,891 | -31.2% |
| Taxes | 450/3 | €6,070 | €4,178 | -€1,891 | -31.2% |
| Other amounts payable | 47/48 | €93,726 | €58,726 | -€35,000 | -37.3% |
| Accrued charges and deferred income | 492/3 | €5,507 | - | -€5,507 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,944 | €9,537 | +€1,593 | +20.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€18,362 | -€18,362 | |
| Other operating charges | 640/8 | €20,598 | €18,929 | -€1,669 | -8.1% |
| Gross operating margin | 9900 | €197,356 | €159,387 | -€37,969 | -19.2% |
| Operating profit (loss) | 9901 | €168,814 | €149,283 | -€19,531 | -11.6% |
| Financial income | 75/76B | €1,297 | €3,023 | +€1,725 | +133.0% |
| Recurring financial income | 75 | €1,297 | €3,023 | +€1,725 | +133.0% |
| Financial charges | 65/66B | €5,531 | €3,683 | -€1,848 | -33.4% |
| Recurring financial charges | 65 | €5,531 | €3,683 | -€1,848 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €164,580 | €148,623 | -€15,958 | -9.7% |
| Income taxes | 67/77 | €19,995 | €24,609 | +€4,614 | +23.1% |
| Profit (loss) for the period | 9904 | €144,586 | €124,014 | -€20,572 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €144,586 | €124,014 | -€20,572 | -14.2% |
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 9 October 2026 via checked.be.