EUROSPEAK: 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.
EUROSPEAK
Largest movements
- Cash -€215,479
down €215,479 (-19.0%), from €1.1m to €916,702
mainly Contributions, distributions and other (-€260,118) and Other debts (-€185,910)
- Current investments -€35,524
down €35,524 (-3.7%), from €964,098 to €928,575
- Other debts -€185,910
down €185,910 (-17.5%), from €1.1m to €878,619
- Tax, wage and social debts +€44,030
up €44,030 (+45.0%), from €97,933 to €141,964
of which Taxes: +€32,580
- Reserves -€42,272
down €42,272 (-6.7%), from €630,477 to €588,205
of which Distributable reserves: -€42,272
- Advances received -€36,080
down €36,080 (-12.2%), from €295,200 to €259,120
- Trade debts -€35,812
down €35,812 (-33.0%), from €108,533 to €72,721
- Gross operating margin +€143,918
up €143,918 (+26.9%), from €535,771 to €679,690
- Financial charges +€43,814
up €43,814, from -€37,978 to €5,836
- Taxes +€35,068
up €35,068 (+76.9%), from €45,616 to €80,684
- Staff costs +€19,439
up €19,439 (+5.5%), from €354,479 to €373,919
- Financial income +€13,101
up €13,101 (+66.9%), from €19,575 to €32,676
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 | €2,363,024 | €2,105,317 | -€257,706 | -10.9% |
| Fixed assets | 21/28 | €135,475 | €113,825 | -€21,650 | -16.0% |
| Tangible fixed assets | 22/27 | €130,924 | €109,242 | -€21,682 | -16.6% |
| Land and buildings | 22 | €123,151 | €105,099 | -€18,053 | -14.7% |
| Furniture and vehicles | 24 | €7,773 | €4,144 | -€3,630 | -46.7% |
| Financial fixed assets | 28 | €4,550 | €4,582 | +€32 | +0.7% |
| Current assets | 29/58 | €2,227,549 | €1,991,493 | -€236,056 | -10.6% |
| Amounts receivable within one year | 40/41 | €126,163 | €141,043 | +€14,880 | +11.8% |
| Trade receivables | 40 | €76,371 | €92,595 | +€16,224 | +21.2% |
| Other amounts receivable | 41 | €49,792 | €48,447 | -€1,345 | -2.7% |
| Current investments | 50/53 | €964,098 | €928,575 | -€35,524 | -3.7% |
| Cash at bank and in hand | 54/58 | €1,132,181 | €916,702 | -€215,479 | -19.0% |
| Deferred charges and accrued income | 490/1 | €5,107 | €5,173 | +€66 | +1.3% |
| Total equity and liabilities | 10/49 | €2,363,024 | €2,105,317 | -€257,706 | -10.9% |
| Equity | 10/15 | €786,231 | €743,958 | -€42,272 | -5.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €630,477 | €588,205 | -€42,272 | -6.7% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,326 | €9,326 | = | 0.0% |
| Distributable reserves | 133 | €606,151 | €563,879 | -€42,272 | -7.0% |
| Profit (loss) carried forward | 14 | €5,753 | €5,753 | = | 0.0% |
| Amounts payable | 17/49 | €1,576,793 | €1,361,359 | -€215,434 | -13.7% |
| Amounts payable within one year | 42/48 | €1,566,195 | €1,352,423 | -€213,771 | -13.6% |
| Trade debts | 44 | €108,533 | €72,721 | -€35,812 | -33.0% |
| Suppliers | 440/4 | €108,533 | €72,721 | -€35,812 | -33.0% |
| Advances received on contracts in progress | 46 | €295,200 | €259,120 | -€36,080 | -12.2% |
| Taxes, remuneration and social security | 45 | €97,933 | €141,964 | +€44,030 | +45.0% |
| Taxes | 450/3 | €48,221 | €80,801 | +€32,580 | +67.6% |
| Remuneration and social security | 454/9 | €49,712 | €61,163 | +€11,451 | +23.0% |
| Other amounts payable | 47/48 | €1,064,528 | €878,619 | -€185,910 | -17.5% |
| Accrued charges and deferred income | 492/3 | €10,598 | €8,936 | -€1,662 | -15.7% |
| Non-recurring operating income | 76A | - | €1,252 | +€1,252 | |
| Remuneration, social security and pensions | 62 | €354,479 | €373,919 | +€19,439 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,202 | €21,682 | -€520 | -2.3% |
| Other operating charges | 640/8 | €10,545 | €12,399 | +€1,854 | +17.6% |
| Gross operating margin | 9900 | €535,771 | €679,690 | +€143,918 | +26.9% |
| Operating profit (loss) | 9901 | €148,546 | €271,690 | +€123,144 | +82.9% |
| Financial income | 75/76B | €19,575 | €32,676 | +€13,101 | +66.9% |
| Recurring financial income | 75 | €19,575 | €32,676 | +€13,101 | +66.9% |
| Financial charges | 65/66B | -€37,978 | €5,836 | +€43,814 | |
| Recurring financial charges | 65 | -€37,978 | €5,836 | +€43,814 | |
| Profit (loss) for the period before taxes | 9903 | €206,099 | €298,530 | +€92,431 | +44.8% |
| Income taxes | 67/77 | €45,616 | €80,684 | +€35,068 | +76.9% |
| Profit (loss) for the period | 9904 | €160,482 | €217,846 | +€57,364 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €160,482 | €217,846 | +€57,364 | +35.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.