EUROTEL: 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.
EUROTEL
Largest movements
- Cash +€47,056
up €47,056 (+35.6%), from €132,193 to €179,249
mainly Other debts (+€50,000) and Net result for the year (+€47,404)
- Tangible fixed assets -€30,981
down €30,981 (-5.7%), from €539,574 to €508,593
of which Land and buildings: -€30,830
- Deferred charges and accrued income +€20,250
new in 2025: €20,250
- Other debts +€50,000
new in 2025: €50,000
- Debts after one year -€13,334
down €13,334 (-20.0%), from €66,667 to €53,333
- Trade debts +€10,603
up €10,603 (+1,163%), from €912 to €11,515
- Depreciation -€1,938
down €1,938 (-5.9%), from €32,919 to €30,981
- Gross operating margin -€1,270
down €1,270 (-1.2%), from €105,462 to €104,192
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 | €672,495 | €714,830 | +€42,335 | +6.3% |
| Fixed assets | 21/28 | €539,574 | €508,593 | -€30,981 | -5.7% |
| Tangible fixed assets | 22/27 | €539,574 | €508,593 | -€30,981 | -5.7% |
| Land and buildings | 22 | €539,423 | €508,593 | -€30,830 | -5.7% |
| Plant, machinery and equipment | 23 | €151 | - | -€151 | |
| Current assets | 29/58 | €132,921 | €206,237 | +€73,316 | +55.2% |
| Stocks and contracts in progress | 3 | €331 | €331 | = | 0.0% |
| Stocks | 30/36 | €331 | €331 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €397 | €6,407 | +€6,010 | +1,514% |
| Trade receivables | 40 | €397 | €6,407 | +€6,010 | +1,514% |
| Cash at bank and in hand | 54/58 | €132,193 | €179,249 | +€47,056 | +35.6% |
| Deferred charges and accrued income | 490/1 | - | €20,250 | +€20,250 | |
| Total equity and liabilities | 10/49 | €672,495 | €714,830 | +€42,335 | +6.3% |
| Equity | 10/15 | €532,749 | €530,153 | -€2,596 | -0.5% |
| Contributions | 10/11 | €103,700 | €103,700 | = | 0.0% |
| Capital | 10 | €103,700 | €103,700 | = | 0.0% |
| Issued capital | 100 | €103,700 | €103,700 | = | 0.0% |
| Reserves | 13 | €429,049 | €426,453 | -€2,596 | -0.6% |
| Non-distributable reserves | 130/1 | €10,370 | €10,370 | = | 0.0% |
| Legal reserve | 130 | €10,370 | €10,370 | = | 0.0% |
| Tax-exempt reserves | 132 | €91,848 | €87,481 | -€4,367 | -4.8% |
| Distributable reserves | 133 | €326,831 | €328,602 | +€1,771 | +0.5% |
| Provisions and deferred taxes | 16 | €47,295 | €45,046 | -€2,249 | -4.8% |
| Deferred taxes | 168 | €47,295 | €45,046 | -€2,249 | -4.8% |
| Amounts payable | 17/49 | €92,451 | €139,631 | +€47,180 | +51.0% |
| Amounts payable after more than one year | 17 | €66,667 | €53,333 | -€13,334 | -20.0% |
| Financial debts | 170/4 | €66,667 | €53,333 | -€13,334 | -20.0% |
| Amounts payable within one year | 42/48 | €16,307 | €77,106 | +€60,799 | +373% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | €13,333 | = | 0.0% |
| Trade debts | 44 | €912 | €11,515 | +€10,603 | +1,163% |
| Suppliers | 440/4 | €912 | €11,515 | +€10,603 | +1,163% |
| Taxes, remuneration and social security | 45 | €2,062 | €2,258 | +€196 | +9.5% |
| Taxes | 450/3 | €2,062 | €2,258 | +€196 | +9.5% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | €9,477 | €9,192 | -€285 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,919 | €30,981 | -€1,938 | -5.9% |
| Other operating charges | 640/8 | €8,546 | €8,618 | +€72 | +0.8% |
| Gross operating margin | 9900 | €105,462 | €104,192 | -€1,270 | -1.2% |
| Operating profit (loss) | 9901 | €63,997 | €64,593 | +€596 | +0.9% |
| Financial charges | 65/66B | €2,904 | €2,026 | -€878 | -30.2% |
| Recurring financial charges | 65 | €2,904 | €2,026 | -€878 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €61,093 | €62,567 | +€1,474 | +2.4% |
| Transfer from deferred taxes | 780 | €2,249 | €2,249 | = | 0.0% |
| Income taxes | 67/77 | €17,069 | €17,412 | +€343 | +2.0% |
| Profit (loss) for the period | 9904 | €46,273 | €47,404 | +€1,131 | +2.4% |
| Transfer from tax-exempt reserves | 789 | €4,367 | €4,367 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,640 | €51,771 | +€1,131 | +2.2% |
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 24 October 2026 via checked.be.