EUROTECH: 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.
EUROTECH
Largest movements
- Intangible fixed assets +€31,238
up €31,238 (+8.3%), from €377,075 to €408,313
- Other debts +€36,371
up €36,371 (+14.5%), from €251,354 to €287,725
- Tax, wage and social debts -€14,937
down €14,937 (-40.9%), from €36,478 to €21,541
- Short-term financial debts +€10,251
up €10,251 (+53.8%), from €19,060 to €29,311
- Gross operating margin -€202
down €202 (-11.2%), from €1,805 to €1,603
- Other operating charges -€68
down €68 (-5.0%), from €1,374 to €1,306
- Taxes -€32
down €32 (-61.0%), from €52 to €20
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.
Cash bridge derived
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 | €407,277 | €439,043 | +€31,766 | +7.8% |
| Fixed assets | 21/28 | €398,075 | €429,313 | +€31,238 | +7.8% |
| Intangible fixed assets | 21 | €377,075 | €408,313 | +€31,238 | +8.3% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €9,202 | €9,730 | +€528 | +5.7% |
| Amounts receivable after more than one year | 29 | €1,304 | €1,304 | +€0 | 0.0% |
| Trade receivables | 290 | €1,304 | €1,304 | +€0 | 0.0% |
| Stocks and contracts in progress | 3 | €3,947 | €3,947 | -€0 | 0.0% |
| Stocks | 30/36 | €3,947 | €3,947 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €3,912 | €4,470 | +€558 | +14.3% |
| Other amounts receivable | 41 | €3,912 | €4,470 | +€558 | +14.3% |
| Cash at bank and in hand | 54/58 | €39 | €9 | -€30 | -76.3% |
| Total equity and liabilities | 10/49 | €407,277 | €439,043 | +€31,766 | +7.8% |
| Equity | 10/15 | €100,385 | €100,467 | +€82 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,926 | €80,008 | +€82 | +0.1% |
| Amounts payable | 17/49 | €306,892 | €338,577 | +€31,685 | +10.3% |
| Amounts payable within one year | 42/48 | €306,892 | €338,577 | +€31,685 | +10.3% |
| Financial debts | 43 | €19,060 | €29,311 | +€10,251 | +53.8% |
| Other loans | 439 | €19,060 | €29,311 | +€10,251 | +53.8% |
| Taxes, remuneration and social security | 45 | €36,478 | €21,541 | -€14,937 | -40.9% |
| Remuneration and social security | 454/9 | €36,478 | €21,541 | -€14,937 | -40.9% |
| Other amounts payable | 47/48 | €251,354 | €287,725 | +€36,371 | +14.5% |
| Other operating charges | 640/8 | €1,374 | €1,306 | -€68 | -5.0% |
| Gross operating margin | 9900 | €1,805 | €1,603 | -€202 | -11.2% |
| Operating profit (loss) | 9901 | €431 | €297 | -€134 | -31.1% |
| Financial charges | 65/66B | €189 | €196 | +€7 | +3.6% |
| Recurring financial charges | 65 | €189 | €196 | +€7 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €242 | €101 | -€141 | -58.1% |
| Income taxes | 67/77 | €52 | €20 | -€32 | -61.0% |
| Profit (loss) for the period | 9904 | €190 | €81 | -€109 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €190 | €81 | -€109 | -57.3% |
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 10 October 2026 via checked.be.