EUROSHOES: 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.
EUROSHOES
Largest movements
- Tangible fixed assets +€12,110
up €12,110 (+259%), from €4,680 to €16,790
- Receivables within one year -€3,910
no longer reported in 2025 (was €3,910)
- Cash +€2,047
up €2,047 (+112%), from €1,820 to €3,867
mainly Trade debts (+€12,097) and Other debts (+€6,462)
- Trade debts +€12,097
up €12,097 (+351%), from €3,449 to €15,546
- Profit (loss) carried forward -€7,605
down €7,605 (-369%), from -€2,063 to -€9,668
- Other debts +€6,462
up €6,462 (+460%), from €1,404 to €7,866
- Tax, wage and social debts -€707
down €707 (-54.3%), from €1,302 to €595
- Gross operating margin -€7,214
down €7,214 (-96.5%), from €7,479 to €265
- Depreciation +€1,411
up €1,411 (+56.9%), from €2,479 to €3,890
- Taxes -€924
no longer reported in 2025 (was €924)
- Other operating charges +€886
up €886 (+29.7%), from €2,980 to €3,866
- Financial charges -€264
down €264 (-69.8%), from €378 to €114
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 | €14,542 | €24,789 | +€10,247 | +70.5% |
| Fixed assets | 21/28 | €4,680 | €16,790 | +€12,110 | +259% |
| Tangible fixed assets | 22/27 | €4,680 | €16,790 | +€12,110 | +259% |
| Furniture and vehicles | 24 | €4,680 | €16,790 | +€12,110 | +259% |
| Current assets | 29/58 | €9,862 | €7,999 | -€1,863 | -18.9% |
| Stocks and contracts in progress | 3 | €4,132 | €4,132 | = | 0.0% |
| Stocks | 30/36 | €4,132 | €4,132 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,910 | - | -€3,910 | |
| Trade receivables | 40 | €3,910 | - | -€3,910 | |
| Cash at bank and in hand | 54/58 | €1,820 | €3,867 | +€2,047 | +112% |
| Total equity and liabilities | 10/49 | €14,542 | €24,789 | +€10,247 | +70.5% |
| Equity | 10/15 | €8,387 | €782 | -€7,605 | -90.7% |
| Contributions | 10/11 | €10,450 | €10,450 | = | 0.0% |
| Capital | 10 | €10,450 | €10,450 | = | 0.0% |
| Issued capital | 100 | €10,450 | €10,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,063 | -€9,668 | -€7,605 | -369% |
| Amounts payable | 17/49 | €6,155 | €24,007 | +€17,852 | +290% |
| Amounts payable within one year | 42/48 | €6,155 | €24,007 | +€17,852 | +290% |
| Trade debts | 44 | €3,449 | €15,546 | +€12,097 | +351% |
| Suppliers | 440/4 | €3,449 | €15,546 | +€12,097 | +351% |
| Taxes, remuneration and social security | 45 | €1,302 | €595 | -€707 | -54.3% |
| Taxes | 450/3 | €1,302 | €595 | -€707 | -54.3% |
| Other amounts payable | 47/48 | €1,404 | €7,866 | +€6,462 | +460% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,479 | €3,890 | +€1,411 | +56.9% |
| Other operating charges | 640/8 | €2,980 | €3,866 | +€886 | +29.7% |
| Gross operating margin | 9900 | €7,479 | €265 | -€7,214 | -96.5% |
| Operating profit (loss) | 9901 | €2,020 | -€7,491 | -€9,511 | |
| Financial charges | 65/66B | €378 | €114 | -€264 | -69.8% |
| Recurring financial charges | 65 | €378 | €114 | -€264 | -69.8% |
| Profit (loss) for the period before taxes | 9903 | €1,642 | -€7,605 | -€9,247 | |
| Income taxes | 67/77 | €924 | - | -€924 | |
| Profit (loss) for the period | 9904 | €718 | -€7,605 | -€8,323 | |
| Profit (loss) for the period to be appropriated | 9905 | €718 | -€7,605 | -€8,323 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.