EUROVER: 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.
EUROVER
Largest movements
- Tangible fixed assets -€10,313
down €10,313 (-41.5%), from €24,846 to €14,532
- Cash +€6,680
up €6,680 (+6.9%), from €96,256 to €102,937
mainly Depreciation (+€10,313) and Net result for the year (+€6,693)
- Receivables within one year +€2,052
up €2,052 (+5.5%), from €37,043 to €39,095
- Current portion of long-term debt -€8,418
down €8,418 (-66.1%), from €12,732 to €4,314
- Profit (loss) carried forward +€6,693
up €6,693 (+23.1%), from €29,025 to €35,718
- Trade debts +€5,061
up €5,061 (+361%), from €1,403 to €6,464
- Debts after one year -€4,314
no longer reported in 2025 (was €4,314)
- Financial income +€872
up €872 (+33.9%), from €2,570 to €3,442
- Gross operating margin -€561
down €561 (-2.8%), from €19,859 to €19,298
- Depreciation -€268
down €268 (-2.5%), from €10,582 to €10,313
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 | €159,166 | €157,788 | -€1,378 | -0.9% |
| Fixed assets | 21/28 | €24,846 | €14,532 | -€10,313 | -41.5% |
| Tangible fixed assets | 22/27 | €24,846 | €14,532 | -€10,313 | -41.5% |
| Furniture and vehicles | 24 | €24,846 | €14,532 | -€10,313 | -41.5% |
| Current assets | 29/58 | €134,320 | €143,256 | +€8,935 | +6.7% |
| Amounts receivable within one year | 40/41 | €37,043 | €39,095 | +€2,052 | +5.5% |
| Other amounts receivable | 41 | €37,043 | €39,095 | +€2,052 | +5.5% |
| Cash at bank and in hand | 54/58 | €96,256 | €102,937 | +€6,680 | +6.9% |
| Deferred charges and accrued income | 490/1 | €1,021 | €1,224 | +€203 | +19.9% |
| Total equity and liabilities | 10/49 | €159,166 | €157,788 | -€1,378 | -0.9% |
| Equity | 10/15 | €136,541 | €143,234 | +€6,693 | +4.9% |
| Contributions | 10/11 | €20,615 | €20,615 | = | 0.0% |
| Reserves | 13 | €86,901 | €86,901 | = | 0.0% |
| Distributable reserves | 133 | €86,901 | €86,901 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,025 | €35,718 | +€6,693 | +23.1% |
| Amounts payable | 17/49 | €22,624 | €14,553 | -€8,071 | -35.7% |
| Amounts payable after more than one year | 17 | €4,314 | - | -€4,314 | |
| Financial debts | 170/4 | €4,314 | - | -€4,314 | |
| Amounts payable within one year | 42/48 | €18,310 | €14,553 | -€3,757 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €12,732 | €4,314 | -€8,418 | -66.1% |
| Trade debts | 44 | €1,403 | €6,464 | +€5,061 | +361% |
| Suppliers | 440/4 | €1,403 | €6,464 | +€5,061 | +361% |
| Taxes, remuneration and social security | 45 | €4,175 | €3,775 | -€400 | -9.6% |
| Taxes | 450/3 | €4,175 | €3,775 | -€400 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,582 | €10,313 | -€268 | -2.5% |
| Other operating charges | 640/8 | €1,173 | €1,137 | -€36 | -3.1% |
| Gross operating margin | 9900 | €19,859 | €19,298 | -€561 | -2.8% |
| Operating profit (loss) | 9901 | €8,105 | €7,848 | -€257 | -3.2% |
| Financial income | 75/76B | €2,570 | €3,442 | +€872 | +33.9% |
| Recurring financial income | 75 | €2,570 | €3,442 | +€872 | +33.9% |
| Financial charges | 65/66B | €589 | €413 | -€176 | -29.8% |
| Recurring financial charges | 65 | €589 | €413 | -€176 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €10,086 | €10,877 | +€791 | +7.8% |
| Income taxes | 67/77 | €4,288 | €4,184 | -€104 | -2.4% |
| Profit (loss) for the period | 9904 | €5,798 | €6,693 | +€895 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,798 | €6,693 | +€895 | +15.4% |
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 20 October 2026 via checked.be.