EUROTEGEL: 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.
EUROTEGEL
Largest movements
- Receivables within one year +€32,435
up €32,435 (+295%), from €10,987 to €43,422
of which Other amounts receivable: +€31,902
- Tangible fixed assets -€21,123
down €21,123 (-30.8%), from €68,682 to €47,559
of which Land and buildings: -€21,123
- Cash +€8,048
up €8,048 (+318%), from €2,530 to €10,578
mainly Depreciation (+€21,123) and Net result for the year (+€17,809)
- Stocks and contracts -€2,446
down €2,446 (-7.8%), from €31,488 to €29,042
- Reserves +€17,809
up €17,809 (+31.0%), from €57,476 to €75,285
of which Distributable reserves: +€17,809
- Gross operating margin +€19,641
up €19,641 (+66.1%), from €29,710 to €49,351
- Other operating charges +€1,351
up €1,351 (+14.2%), from €9,496 to €10,847
- Financial income +€969
new in 2025: €969
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 | €115,529 | €131,957 | +€16,427 | +14.2% |
| Fixed assets | 21/28 | €68,682 | €47,559 | -€21,123 | -30.8% |
| Tangible fixed assets | 22/27 | €68,682 | €47,559 | -€21,123 | -30.8% |
| Land and buildings | 22 | €65,745 | €44,622 | -€21,123 | -32.1% |
| Plant, machinery and equipment | 23 | €2,937 | €2,937 | = | 0.0% |
| Current assets | 29/58 | €46,847 | €84,398 | +€37,550 | +80.2% |
| Stocks and contracts in progress | 3 | €31,488 | €29,042 | -€2,446 | -7.8% |
| Stocks | 30/36 | €31,488 | €29,042 | -€2,446 | -7.8% |
| Amounts receivable within one year | 40/41 | €10,987 | €43,422 | +€32,435 | +295% |
| Trade receivables | 40 | - | €533 | +€533 | |
| Other amounts receivable | 41 | €10,987 | €42,889 | +€31,902 | +290% |
| Cash at bank and in hand | 54/58 | €2,530 | €10,578 | +€8,048 | +318% |
| Deferred charges and accrued income | 490/1 | €1,842 | €1,355 | -€487 | -26.4% |
| Total equity and liabilities | 10/49 | €115,529 | €131,957 | +€16,427 | +14.2% |
| Equity | 10/15 | €103,476 | €121,285 | +€17,809 | +17.2% |
| Contributions | 10/11 | €46,000 | €46,000 | = | 0.0% |
| Reserves | 13 | €57,476 | €75,285 | +€17,809 | +31.0% |
| Non-distributable reserves | 130/1 | €4,600 | €4,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,600 | €4,600 | = | 0.0% |
| Distributable reserves | 133 | €52,876 | €70,685 | +€17,809 | +33.7% |
| Amounts payable | 17/49 | €12,053 | €10,672 | -€1,381 | -11.5% |
| Amounts payable within one year | 42/48 | €12,053 | €10,672 | -€1,381 | -11.5% |
| Financial debts | 43 | €51 | - | -€51 | |
| Credit institutions | 430/8 | €51 | - | -€51 | |
| Trade debts | 44 | €11,070 | €10,410 | -€660 | -6.0% |
| Suppliers | 440/4 | €11,070 | €10,410 | -€660 | -6.0% |
| Taxes, remuneration and social security | 45 | €932 | €262 | -€671 | -71.9% |
| Taxes | 450/3 | €932 | €262 | -€671 | -71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,123 | €21,123 | = | 0.0% |
| Other operating charges | 640/8 | €9,496 | €10,847 | +€1,351 | +14.2% |
| Gross operating margin | 9900 | €29,710 | €49,351 | +€19,641 | +66.1% |
| Operating profit (loss) | 9901 | -€909 | €17,381 | +€18,290 | |
| Financial income | 75/76B | - | €969 | +€969 | |
| Recurring financial income | 75 | - | €969 | +€969 | |
| Financial charges | 65/66B | €316 | €359 | +€44 | +13.8% |
| Recurring financial charges | 65 | €316 | €359 | +€44 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,224 | €17,991 | +€19,215 | |
| Income taxes | 67/77 | €137 | €182 | +€45 | +32.4% |
| Profit (loss) for the period | 9904 | -€1,362 | €17,809 | +€19,170 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,362 | €17,809 | +€19,170 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.