Euroster: 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.
Euroster
Largest movements
- Receivables within one year -€108,373
down €108,373 (-60.9%), from €177,809 to €69,436
of which Trade receivables: -€108,481
- Tangible fixed assets +€58,065
up €58,065 (+13.9%), from €417,808 to €475,873
of which Furniture and vehicles: +€48,406
- Cash +€39,522
up €39,522 (+623%), from €6,349 to €45,871
mainly Receivables within one year (+€108,373) and Debts after one year (+€29,143)
- Stocks and contracts +€13,550
up €13,550 (+92.2%), from €14,696 to €28,246
- Deferred charges and accrued income -€9,015
down €9,015 (-14.6%), from €61,675 to €52,660
- Debts after one year +€29,143
up €29,143 (+6.3%), from €462,149 to €491,292
- Tax, wage and social debts -€25,311
down €25,311 (-80.0%), from €31,634 to €6,322
- Profit (loss) carried forward -€15,587
down €15,587, from €66 to -€15,521
- Gross operating margin -€17,773
down €17,773 (-24.4%), from €72,984 to €55,211
- Taxes -€6,918
down €6,918 (-100.0%), from €6,918 to €0
- Financial charges -€1,817
down €1,817 (-10.5%), from €17,273 to €15,456
- Depreciation +€1,323
up €1,323 (+5.4%), from €24,700 to €26,022
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 | €678,336 | €672,084 | -€6,252 | -0.9% |
| Fixed assets | 21/28 | €417,808 | €475,873 | +€58,065 | +13.9% |
| Tangible fixed assets | 22/27 | €417,808 | €475,873 | +€58,065 | +13.9% |
| Land and buildings | 22 | €384,557 | €396,459 | +€11,902 | +3.1% |
| Plant, machinery and equipment | 23 | €3,164 | €921 | -€2,243 | -70.9% |
| Furniture and vehicles | 24 | €30,087 | €78,493 | +€48,406 | +161% |
| Current assets | 29/58 | €260,528 | €196,212 | -€64,316 | -24.7% |
| Stocks and contracts in progress | 3 | €14,696 | €28,246 | +€13,550 | +92.2% |
| Stocks | 30/36 | €14,696 | €28,246 | +€13,550 | +92.2% |
| Amounts receivable within one year | 40/41 | €177,809 | €69,436 | -€108,373 | -60.9% |
| Trade receivables | 40 | €177,809 | €69,328 | -€108,481 | -61.0% |
| Other amounts receivable | 41 | - | €108 | +€108 | |
| Cash at bank and in hand | 54/58 | €6,349 | €45,871 | +€39,522 | +623% |
| Deferred charges and accrued income | 490/1 | €61,675 | €52,660 | -€9,015 | -14.6% |
| Total equity and liabilities | 10/49 | €678,336 | €672,084 | -€6,252 | -0.9% |
| Equity | 10/15 | €90,921 | €75,334 | -€15,587 | -17.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €84,855 | €84,855 | = | 0.0% |
| Distributable reserves | 133 | €84,855 | €84,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66 | -€15,521 | -€15,587 | |
| Amounts payable | 17/49 | €587,415 | €596,751 | +€9,335 | +1.6% |
| Amounts payable after more than one year | 17 | €462,149 | €491,292 | +€29,143 | +6.3% |
| Financial debts | 170/4 | €462,149 | €491,292 | +€29,143 | +6.3% |
| Amounts payable within one year | 42/48 | €125,267 | €105,459 | -€19,808 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €40,885 | €41,156 | +€272 | +0.7% |
| Trade debts | 44 | €39,237 | €43,267 | +€4,030 | +10.3% |
| Suppliers | 440/4 | €39,237 | €43,267 | +€4,030 | +10.3% |
| Advances received on contracts in progress | 46 | €163 | - | -€163 | |
| Taxes, remuneration and social security | 45 | €31,634 | €6,322 | -€25,311 | -80.0% |
| Taxes | 450/3 | €31,634 | €6,322 | -€25,311 | -80.0% |
| Other amounts payable | 47/48 | €13,348 | €14,713 | +€1,365 | +10.2% |
| Non-recurring operating income | 76A | €75 | €1,957 | +€1,882 | +2,509% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,700 | €26,022 | +€1,323 | +5.4% |
| Other operating charges | 640/8 | €4,091 | €4,210 | +€119 | +2.9% |
| Non-recurring operating charges | 66A | - | €25,113 | +€25,113 | |
| Gross operating margin | 9900 | €72,984 | €55,211 | -€17,773 | -24.4% |
| Operating profit (loss) | 9901 | €44,194 | -€134 | -€44,328 | |
| Financial income | 75/76B | €376 | €3 | -€373 | -99.1% |
| Recurring financial income | 75 | €376 | €3 | -€373 | -99.1% |
| Financial charges | 65/66B | €17,273 | €15,456 | -€1,817 | -10.5% |
| Recurring financial charges | 65 | €17,273 | €15,456 | -€1,817 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €27,297 | -€15,587 | -€42,884 | |
| Income taxes | 67/77 | €6,918 | €0 | -€6,918 | -100.0% |
| Profit (loss) for the period | 9904 | €20,379 | -€15,587 | -€35,965 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,379 | -€15,587 | -€35,965 |
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 28 October 2026 via checked.be.