EUROTRENDS: 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.
EUROTRENDS
Largest movements
- Tangible fixed assets -€44,281
down €44,281 (-4.4%), from €997,083 to €952,802
- Receivables within one year +€34,200
up €34,200, from €0 to €34,200
- Trade debts -€89,642
down €89,642 (-98.4%), from €91,142 to €1,500
- Debts after one year +€73,377
up €73,377 (+13.7%), from €534,561 to €607,937
- Current portion of long-term debt -€59,601
down €59,601 (-55.1%), from €108,262 to €48,661
- Contributions +€33,000
up €33,000 (+22.2%), from €148,800 to €181,800
- Reserves +€20,112
up €20,112 (+18.4%), from €109,511 to €129,624
- Depreciation -€29,085
down €29,085 (-27.3%), from €106,366 to €77,281
- Financial charges +€2,554
up €2,554 (+19.3%), from €13,266 to €15,820
- Gross operating margin +€2,267
up €2,267 (+1.8%), from €122,722 to €124,990
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 | €998,127 | €987,909 | -€10,218 | -1.0% |
| Fixed assets | 21/28 | €997,083 | €952,802 | -€44,281 | -4.4% |
| Tangible fixed assets | 22/27 | €997,083 | €952,802 | -€44,281 | -4.4% |
| Land and buildings | 22 | €997,083 | €952,802 | -€44,281 | -4.4% |
| Current assets | 29/58 | €1,044 | €35,107 | +€34,063 | +3,263% |
| Amounts receivable within one year | 40/41 | €0 | €34,200 | +€34,200 | |
| Trade receivables | 40 | €0 | €34,200 | +€34,200 | |
| Cash at bank and in hand | 54/58 | €1,044 | €907 | -€137 | -13.2% |
| Total equity and liabilities | 10/49 | €998,127 | €987,909 | -€10,218 | -1.0% |
| Equity | 10/15 | €258,311 | €311,424 | +€53,112 | +20.6% |
| Contributions | 10/11 | €148,800 | €181,800 | +€33,000 | +22.2% |
| Reserves | 13 | €109,511 | €129,624 | +€20,112 | +18.4% |
| Distributable reserves | 133 | €109,511 | €129,624 | +€20,112 | +18.4% |
| Amounts payable | 17/49 | €739,815 | €676,485 | -€63,331 | -8.6% |
| Amounts payable after more than one year | 17 | €534,561 | €607,937 | +€73,377 | +13.7% |
| Financial debts | 170/4 | €534,561 | €607,937 | +€73,377 | +13.7% |
| Amounts payable within one year | 42/48 | €205,255 | €58,547 | -€146,708 | -71.5% |
| Current portion of amounts payable after more than one year | 42 | €108,262 | €48,661 | -€59,601 | -55.1% |
| Trade debts | 44 | €91,142 | €1,500 | -€89,642 | -98.4% |
| Suppliers | 440/4 | €91,142 | €1,500 | -€89,642 | -98.4% |
| Taxes, remuneration and social security | 45 | €5,851 | €8,386 | +€2,535 | +43.3% |
| Taxes | 450/3 | €5,851 | €8,386 | +€2,535 | +43.3% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,366 | €77,281 | -€29,085 | -27.3% |
| Other operating charges | 640/8 | €11,929 | €11,776 | -€153 | -1.3% |
| Gross operating margin | 9900 | €122,722 | €124,990 | +€2,267 | +1.8% |
| Operating profit (loss) | 9901 | €4,427 | €35,932 | +€31,505 | +712% |
| Financial charges | 65/66B | €13,266 | €15,820 | +€2,554 | +19.3% |
| Recurring financial charges | 65 | €13,266 | €15,820 | +€2,554 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,838 | €20,112 | +€28,951 | |
| Profit (loss) for the period | 9904 | -€8,838 | €20,112 | +€28,951 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,838 | €20,112 | +€28,951 |
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 28 October 2026 via checked.be.