EUROSEAM: 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.
EUROSEAM
Largest movements
- Tangible fixed assets -€84,931
down €84,931 (-13.0%), from €651,707 to €566,776
of which Leasing and similar rights: -€85,939
- Receivables within one year +€31,249
up €31,249 (+333%), from €9,393 to €40,642
of which Other amounts receivable: +€40,624
- Reserves -€125,298
down €125,298 (-66.9%), from €187,387 to €62,089
of which Distributable reserves: -€125,298
- Other debts +€103,843
up €103,843 (+31.2%), from €332,513 to €436,356
- Current portion of long-term debt -€48,963
down €48,963 (-49.8%), from €98,280 to €49,318
- Gross operating margin -€140,731
down €140,731, from €115,880 to -€24,851
- Write-downs -€29,760
no longer reported in 2025 (was €29,760)
- Other operating charges -€11,235
down €11,235 (-83.1%), from €13,518 to €2,283
- Financial charges -€4,302
down €4,302 (-26.7%), from €16,133 to €11,831
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 | €1,441,749 | €1,386,408 | -€55,340 | -3.8% |
| Fixed assets | 21/28 | €1,430,267 | €1,345,336 | -€84,931 | -5.9% |
| Tangible fixed assets | 22/27 | €651,707 | €566,776 | -€84,931 | -13.0% |
| Furniture and vehicles | 24 | - | €1,009 | +€1,009 | |
| Leasing and similar rights | 25 | €651,707 | €565,768 | -€85,939 | -13.2% |
| Financial fixed assets | 28 | €778,560 | €778,560 | = | 0.0% |
| Current assets | 29/58 | €11,482 | €41,072 | +€29,590 | +258% |
| Amounts receivable within one year | 40/41 | €9,393 | €40,642 | +€31,249 | +333% |
| Trade receivables | 40 | €9,374 | - | -€9,374 | |
| Other amounts receivable | 41 | €19 | €40,642 | +€40,624 | +215,968% |
| Cash at bank and in hand | 54/58 | €2,089 | €430 | -€1,659 | -79.4% |
| Total equity and liabilities | 10/49 | €1,441,749 | €1,386,408 | -€55,340 | -3.8% |
| Equity | 10/15 | €261,755 | €136,457 | -€125,298 | -47.9% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €187,387 | €62,089 | -€125,298 | -66.9% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €179,950 | €54,652 | -€125,298 | -69.6% |
| Amounts payable | 17/49 | €1,179,993 | €1,249,951 | +€69,958 | +5.9% |
| Amounts payable after more than one year | 17 | €722,021 | €722,021 | = | 0.0% |
| Financial debts | 170/4 | €722,021 | €722,021 | = | 0.0% |
| Amounts payable within one year | 42/48 | €457,222 | €522,930 | +€65,708 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €98,280 | €49,318 | -€48,963 | -49.8% |
| Trade debts | 44 | €25,178 | €37,256 | +€12,078 | +48.0% |
| Suppliers | 440/4 | €25,178 | €37,256 | +€12,078 | +48.0% |
| Taxes, remuneration and social security | 45 | €1,250 | - | -€1,250 | |
| Taxes | 450/3 | €1,250 | - | -€1,250 | |
| Other amounts payable | 47/48 | €332,513 | €436,356 | +€103,843 | +31.2% |
| Accrued charges and deferred income | 492/3 | €750 | €5,000 | +€4,250 | +567% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,198 | €86,444 | +€246 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,760 | - | -€29,760 | |
| Other operating charges | 640/8 | €13,518 | €2,283 | -€11,235 | -83.1% |
| Gross operating margin | 9900 | €115,880 | -€24,851 | -€140,731 | |
| Operating profit (loss) | 9901 | -€13,596 | -€113,578 | -€99,982 | -735% |
| Financial income | 75/76B | - | €110 | +€110 | |
| Recurring financial income | 75 | - | €110 | +€110 | |
| Financial charges | 65/66B | €16,133 | €11,831 | -€4,302 | -26.7% |
| Recurring financial charges | 65 | €16,133 | €11,831 | -€4,302 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,728 | -€125,298 | -€95,570 | -321% |
| Profit (loss) for the period | 9904 | -€29,728 | -€125,298 | -€95,570 | -321% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,728 | -€125,298 | -€95,570 | -321% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.