EUROSERVICES: what changed
EUROSERVICES
Largest movements
- Receivables within one year +€697,159
up €697,159 (+788%), from €88,481 to €785,640
of which Other amounts receivable: +€739,085
- Financial fixed assets -€670,000
down €670,000 (-98.4%), from €680,820 to €10,820
- Tangible fixed assets -€122,554
down €122,554 (-4.4%), from €2.8m to €2.7m
of which Land and buildings: -€106,924
- Cash +€61,378
up €61,378 (+51.5%), from €119,188 to €180,565
mainly Investment in fixed assets (net) (+€653,290) and Net result for the year (+€218,816)
- Trade debts -€238,316
down €238,316 (-48.8%), from €488,456 to €250,141
- Profit (loss) carried forward +€218,816
up €218,816 (+19.7%), from €1.1m to €1.3m
- Debts after one year -€120,000
down €120,000 (-57.1%), from €210,000 to €90,000
- Other debts +€78,007
up €78,007 (+4.6%), from €1.7m to €1.8m
- Gross operating margin +€50,964
up €50,964 (+15.4%), from €331,058 to €382,021
- Financial charges +€31,118
up €31,118 (+43.1%), from €72,174 to €103,292
- Financial income +€9,797
up €9,797 (+8.6%), from €114,000 to €123,797
- Other operating charges +€4,697
up €4,697 (+76.1%), from €6,170 to €10,867
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,729,954 | €3,665,852 | -€64,102 | -1.7% |
| Fixed assets | 21/28 | €3,492,175 | €2,699,621 | -€792,554 | -22.7% |
| Tangible fixed assets | 22/27 | €2,811,355 | €2,688,801 | -€122,554 | -4.4% |
| Land and buildings | 22 | €2,753,351 | €2,646,427 | -€106,924 | -3.9% |
| Plant, machinery and equipment | 23 | €34,186 | €13,690 | -€20,496 | -60.0% |
| Furniture and vehicles | 24 | €23,818 | €28,684 | +€4,866 | +20.4% |
| Financial fixed assets | 28 | €680,820 | €10,820 | -€670,000 | -98.4% |
| Current assets | 29/58 | €237,780 | €966,232 | +€728,452 | +306% |
| Amounts receivable within one year | 40/41 | €88,481 | €785,640 | +€697,159 | +788% |
| Trade receivables | 40 | €49,187 | €7,260 | -€41,927 | -85.2% |
| Other amounts receivable | 41 | €39,294 | €778,380 | +€739,085 | +1,881% |
| Current investments | 50/53 | €27 | €27 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €119,188 | €180,565 | +€61,378 | +51.5% |
| Deferred charges and accrued income | 490/1 | €30,085 | - | -€30,085 | |
| Total equity and liabilities | 10/49 | €3,729,954 | €3,665,852 | -€64,102 | -1.7% |
| Equity | 10/15 | €1,178,225 | €1,397,040 | +€218,816 | +18.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,110,025 | €1,328,840 | +€218,816 | +19.7% |
| Amounts payable | 17/49 | €2,551,730 | €2,268,812 | -€282,918 | -11.1% |
| Amounts payable after more than one year | 17 | €210,000 | €90,000 | -€120,000 | -57.1% |
| Financial debts | 170/4 | €210,000 | €90,000 | -€120,000 | -57.1% |
| Amounts payable within one year | 42/48 | €2,341,730 | €2,178,812 | -€162,918 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €120,000 | €120,000 | = | 0.0% |
| Trade debts | 44 | €488,456 | €250,141 | -€238,316 | -48.8% |
| Suppliers | 440/4 | €488,456 | €250,141 | -€238,316 | -48.8% |
| Taxes, remuneration and social security | 45 | €32,822 | €30,213 | -€2,609 | -7.9% |
| Taxes | 450/3 | €20,532 | €13,257 | -€7,275 | -35.4% |
| Remuneration and social security | 454/9 | €12,290 | €16,956 | +€4,667 | +38.0% |
| Other amounts payable | 47/48 | €1,700,452 | €1,778,458 | +€78,007 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,110 | €139,264 | -€2,846 | -2.0% |
| Other operating charges | 640/8 | €6,170 | €10,867 | +€4,697 | +76.1% |
| Gross operating margin | 9900 | €331,058 | €382,021 | +€50,964 | +15.4% |
| Operating profit (loss) | 9901 | €182,777 | €231,891 | +€49,113 | +26.9% |
| Financial income | 75/76B | €114,000 | €123,797 | +€9,797 | +8.6% |
| Recurring financial income | 75 | €114,000 | €123,797 | +€9,797 | +8.6% |
| Financial charges | 65/66B | €72,174 | €103,292 | +€31,118 | +43.1% |
| Recurring financial charges | 65 | €72,174 | €103,292 | +€31,118 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €224,603 | €252,395 | +€27,792 | +12.4% |
| Income taxes | 67/77 | €30,722 | €33,579 | +€2,858 | +9.3% |
| Profit (loss) for the period | 9904 | €193,881 | €218,816 | +€24,934 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €193,881 | €218,816 | +€24,934 | +12.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.