EUROWASTE: what changed
Two fiscal 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.
EUROWASTE
Largest movements
- Receivables within one year +€399,485
up €399,485 (+25.8%), from €1.5m to €1.9m
of which Other amounts receivable: +€234,478
- Cash +€36,683
up €36,683 (+13.6%), from €270,596 to €307,280
mainly Trade debts (+€583,983) and Other debts (+€178,805)
- Intangible fixed assets +€35,934
new in 2024: €35,934
- Trade debts +€583,983
up €583,983 (+76.0%), from €768,448 to €1.4m
- Other debts +€178,805
new in 2024: €178,805
- Tax, wage and social debts -€153,611
down €153,611 (-61.3%), from €250,697 to €97,087
of which Taxes: -€147,062
- Short-term financial debts -€98,998
down €98,998 (-38.8%), from €255,020 to €156,022
- Profit (loss) carried forward -€39,182
down €39,182 (-24.2%), from €161,918 to €122,736
- Gross operating margin -€137,861
down €137,861 (-16.7%), from €826,791 to €688,930
- Staff costs +€85,925
up €85,925 (+23.0%), from €374,202 to €460,127
- Taxes -€66,282
down €66,282 (-44.9%), from €147,541 to €81,259
- Financial charges -€16,526
down €16,526 (-63.2%), from €26,162 to €9,636
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,937,589 | €2,404,830 | +€467,241 | +24.1% |
| Fixed assets | 21/28 | €95,391 | €145,898 | +€50,508 | +52.9% |
| Intangible fixed assets | 21 | - | €35,934 | +€35,934 | |
| Tangible fixed assets | 22/27 | €94,671 | €109,244 | +€14,573 | +15.4% |
| Plant, machinery and equipment | 23 | €34,141 | €26,246 | -€7,895 | -23.1% |
| Furniture and vehicles | 24 | €28,198 | €51,429 | +€23,232 | +82.4% |
| Other tangible fixed assets | 26 | €32,333 | €31,569 | -€763 | -2.4% |
| Financial fixed assets | 28 | €720 | €720 | = | 0.0% |
| Current assets | 29/58 | €1,842,198 | €2,258,931 | +€416,733 | +22.6% |
| Amounts receivable within one year | 40/41 | €1,546,925 | €1,946,411 | +€399,485 | +25.8% |
| Trade receivables | 40 | €1,479,422 | €1,644,429 | +€165,007 | +11.2% |
| Other amounts receivable | 41 | €67,503 | €301,981 | +€234,478 | +347.4% |
| Cash at bank and in hand | 54/58 | €270,596 | €307,280 | +€36,683 | +13.6% |
| Deferred charges and accrued income | 490/1 | €24,676 | €5,241 | -€19,435 | -78.8% |
| Total equity and liabilities | 10/49 | €1,937,589 | €2,404,830 | +€467,241 | +24.1% |
| Equity | 10/15 | €620,672 | €581,490 | -€39,182 | -6.3% |
| Contributions | 10/11 | €254,091 | €254,091 | = | 0.0% |
| Capital | 10 | €254,091 | €254,091 | = | 0.0% |
| Issued capital | 100 | €254,091 | €254,091 | = | 0.0% |
| Reserves | 13 | €204,663 | €204,663 | = | 0.0% |
| Non-distributable reserves | 130/1 | €39,663 | €39,663 | = | 0.0% |
| Legal reserve | 130 | €39,663 | €39,663 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €165,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,918 | €122,736 | -€39,182 | -24.2% |
| Provisions and deferred taxes | 16 | €38,994 | €38,994 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €38,994 | €38,994 | = | 0.0% |
| Environmental obligations | 163 | €38,994 | €38,994 | = | 0.0% |
| Amounts payable | 17/49 | €1,277,923 | €1,784,345 | +€506,423 | +39.6% |
| Amounts payable within one year | 42/48 | €1,274,166 | €1,784,345 | +€510,179 | +40.0% |
| Financial debts | 43 | €255,020 | €156,022 | -€98,998 | -38.8% |
| Credit institutions | 430/8 | €255,020 | €156,022 | -€98,998 | -38.8% |
| Trade debts | 44 | €768,448 | €1,352,431 | +€583,983 | +76.0% |
| Suppliers | 440/4 | €768,448 | €1,352,431 | +€583,983 | +76.0% |
| Taxes, remuneration and social security | 45 | €250,697 | €97,087 | -€153,611 | -61.3% |
| Taxes | 450/3 | €161,362 | €14,300 | -€147,062 | -91.1% |
| Remuneration and social security | 454/9 | €89,336 | €82,787 | -€6,549 | -7.3% |
| Other amounts payable | 47/48 | - | €178,805 | +€178,805 | |
| Accrued charges and deferred income | 492/3 | €3,757 | - | -€3,757 | |
| Remuneration, social security and pensions | 62 | €374,202 | €460,127 | +€85,925 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,383 | €24,656 | +€273 | +1.1% |
| Other operating charges | 640/8 | €8,476 | €13,149 | +€4,673 | +55.1% |
| Gross operating margin | 9900 | €826,791 | €688,930 | -€137,861 | -16.7% |
| Operating profit (loss) | 9901 | €419,730 | €190,998 | -€228,732 | -54.5% |
| Financial income | 75/76B | €9,581 | €10,714 | +€1,133 | +11.8% |
| Recurring financial income | 75 | €9,581 | €7,651 | -€1,930 | -20.1% |
| Non-recurring financial income | 76B | - | €3,063 | +€3,063 | |
| Financial charges | 65/66B | €26,162 | €9,636 | -€16,526 | -63.2% |
| Recurring financial charges | 65 | €26,162 | €9,636 | -€16,526 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €403,149 | €192,077 | -€211,072 | -52.4% |
| Income taxes | 67/77 | €147,541 | €81,259 | -€66,282 | -44.9% |
| Profit (loss) for the period | 9904 | €255,608 | €110,818 | -€144,790 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €255,608 | €110,818 | -€144,790 | -56.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.