EUROTRADUC: 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.
EUROTRADUC
Largest movements
- Cash -€39,873
down €39,873 (-14.6%), from €272,609 to €232,736
mainly Contributions, distributions and other (-€75,000) and Receivables within one year (-€3,501)
- Receivables within one year +€3,501
up €3,501 (+38.9%), from €9,009 to €12,510
- Reserves -€42,000
down €42,000 (-16.8%), from €249,459 to €207,459
of which Distributable reserves: -€42,000
- Gross operating margin +€10,729
up €10,729 (+27.6%), from €38,846 to €49,575
- Taxes +€2,822
up €2,822 (+19.8%), from €14,291 to €17,113
- Depreciation -€567
down €567 (-39.4%), from €1,437 to €870
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 | €282,766 | €245,523 | -€37,243 | -13.2% |
| Fixed assets | 21/28 | €1,148 | €277 | -€870 | -75.8% |
| Tangible fixed assets | 22/27 | €1,148 | €277 | -€870 | -75.8% |
| Furniture and vehicles | 24 | €1,148 | €277 | -€870 | -75.8% |
| Current assets | 29/58 | €281,618 | €245,246 | -€36,372 | -12.9% |
| Amounts receivable within one year | 40/41 | €9,009 | €12,510 | +€3,501 | +38.9% |
| Trade receivables | 40 | €9,009 | €12,510 | +€3,501 | +38.9% |
| Cash at bank and in hand | 54/58 | €272,609 | €232,736 | -€39,873 | -14.6% |
| Total equity and liabilities | 10/49 | €282,766 | €245,523 | -€37,243 | -13.2% |
| Equity | 10/15 | €273,152 | €232,020 | -€41,132 | -15.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €249,459 | €207,459 | -€42,000 | -16.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €247,600 | €205,600 | -€42,000 | -17.0% |
| Profit (loss) carried forward | 14 | €17,495 | €18,363 | +€868 | +5.0% |
| Amounts payable | 17/49 | €9,614 | €13,504 | +€3,890 | +40.5% |
| Amounts payable within one year | 42/48 | €9,614 | €13,504 | +€3,890 | +40.5% |
| Trade debts | 44 | €1,093 | €3,358 | +€2,265 | +207% |
| Suppliers | 440/4 | €1,093 | €3,358 | +€2,265 | +207% |
| Taxes, remuneration and social security | 45 | €6,673 | €8,085 | +€1,412 | +21.2% |
| Taxes | 450/3 | €6,673 | €8,085 | +€1,412 | +21.2% |
| Other amounts payable | 47/48 | €1,849 | €2,061 | +€212 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,437 | €870 | -€567 | -39.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €38,846 | €49,575 | +€10,729 | +27.6% |
| Operating profit (loss) | 9901 | €37,021 | €48,305 | +€11,284 | +30.5% |
| Financial income | 75/76B | €2,304 | €2,747 | +€443 | +19.2% |
| Recurring financial income | 75 | €2,304 | €2,747 | +€443 | +19.2% |
| Financial charges | 65/66B | €71 | €71 | -€0 | 0.0% |
| Recurring financial charges | 65 | €71 | €71 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €39,254 | €50,981 | +€11,727 | +29.9% |
| Income taxes | 67/77 | €14,291 | €17,113 | +€2,822 | +19.8% |
| Profit (loss) for the period | 9904 | €24,964 | €33,868 | +€8,904 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,964 | €33,868 | +€8,904 | +35.7% |
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.