EUROTECHNIC BELGIUM: 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.
EUROTECHNIC BELGIUM
Largest movements
- Receivables within one year +€21,246
up €21,246 (+22.1%), from €96,341 to €117,586
of which Other amounts receivable: +€17,775
- Cash -€18,367
down €18,367 (-8.7%), from €212,174 to €193,807
mainly Receivables within one year (-€21,246) and Debts after one year (-€7,242)
- Tangible fixed assets -€7,326
down €7,326 (-27.3%), from €26,882 to €19,556
of which Leasing and similar rights: -€7,028
- Debts after one year -€7,242
down €7,242 (-39.7%), from €18,233 to €10,991
- Trade debts +€5,364
up €5,364 (+12.9%), from €41,683 to €47,047
- Tax, wage and social debts -€3,936
down €3,936 (-23.4%), from €16,806 to €12,870
of which Taxes: -€4,526
- Staff costs +€5,201
up €5,201 (+6.5%), from €79,852 to €85,053
- Depreciation -€1,767
down €1,767 (-15.7%), from €11,274 to €9,507
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 | €355,432 | €350,888 | -€4,544 | -1.3% |
| Fixed assets | 21/28 | €26,882 | €19,556 | -€7,326 | -27.3% |
| Tangible fixed assets | 22/27 | €26,882 | €19,556 | -€7,326 | -27.3% |
| Plant, machinery and equipment | 23 | €1,959 | €2,594 | +€634 | +32.4% |
| Furniture and vehicles | 24 | €932 | - | -€932 | |
| Leasing and similar rights | 25 | €23,991 | €16,963 | -€7,028 | -29.3% |
| Current assets | 29/58 | €328,550 | €331,332 | +€2,782 | +0.8% |
| Amounts receivable within one year | 40/41 | €96,341 | €117,586 | +€21,246 | +22.1% |
| Trade receivables | 40 | €92,869 | €96,339 | +€3,470 | +3.7% |
| Other amounts receivable | 41 | €3,472 | €21,247 | +€17,775 | +512% |
| Current investments | 50/53 | €17,131 | €17,508 | +€377 | +2.2% |
| Cash at bank and in hand | 54/58 | €212,174 | €193,807 | -€18,367 | -8.7% |
| Deferred charges and accrued income | 490/1 | €2,905 | €2,430 | -€475 | -16.3% |
| Total equity and liabilities | 10/49 | €355,432 | €350,888 | -€4,544 | -1.3% |
| Equity | 10/15 | €271,861 | €271,639 | -€222 | -0.1% |
| Contributions | 10/11 | €10,535 | €10,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,325 | €261,104 | -€222 | -0.1% |
| Amounts payable | 17/49 | €83,571 | €79,249 | -€4,322 | -5.2% |
| Amounts payable after more than one year | 17 | €18,233 | €10,991 | -€7,242 | -39.7% |
| Financial debts | 170/4 | €18,233 | €10,991 | -€7,242 | -39.7% |
| Amounts payable within one year | 42/48 | €65,330 | €68,258 | +€2,928 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €6,841 | €8,340 | +€1,500 | +21.9% |
| Trade debts | 44 | €41,683 | €47,047 | +€5,364 | +12.9% |
| Suppliers | 440/4 | €41,683 | €47,047 | +€5,364 | +12.9% |
| Taxes, remuneration and social security | 45 | €16,806 | €12,870 | -€3,936 | -23.4% |
| Taxes | 450/3 | €4,694 | €168 | -€4,526 | -96.4% |
| Remuneration and social security | 454/9 | €12,112 | €12,701 | +€590 | +4.9% |
| Accrued charges and deferred income | 492/3 | €9 | - | -€9 | |
| Non-recurring operating income | 76A | €35 | - | -€35 | |
| Remuneration, social security and pensions | 62 | €79,852 | €85,053 | +€5,201 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,274 | €9,507 | -€1,767 | -15.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €97,230 | €98,089 | +€859 | +0.9% |
| Operating profit (loss) | 9901 | €5,716 | €3,129 | -€2,587 | -45.3% |
| Financial income | 75/76B | €164 | €106 | -€58 | -35.3% |
| Recurring financial income | 75 | €164 | €106 | -€58 | -35.3% |
| Financial charges | 65/66B | €2,620 | €2,295 | -€325 | -12.4% |
| Recurring financial charges | 65 | €2,620 | €2,295 | -€325 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €3,259 | €939 | -€2,320 | -71.2% |
| Income taxes | 67/77 | €423 | €1,161 | +€738 | +174% |
| Profit (loss) for the period | 9904 | €2,836 | -€222 | -€3,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,836 | -€222 | -€3,058 |
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 29 October 2026 via checked.be.