EUROWATT: 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.
EUROWATT
Largest movements
- Receivables after one year +€27,835
up €27,835 (+1.5%), from €1.9m to €1.9m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€58,415
up €58,415 (+95.8%), from -€60,948 to -€2,533
- Financial income +€4,750
up €4,750 (+19.4%), from €24,465 to €29,215
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.
Cash bridge derived
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 | €2,502,694 | €2,502,836 | +€143 | 0.0% |
| Fixed assets | 21/28 | €600,153 | €600,153 | = | 0.0% |
| Financial fixed assets | 28 | €600,153 | €600,153 | = | 0.0% |
| Current assets | 29/58 | €1,902,541 | €1,902,684 | +€143 | 0.0% |
| Amounts receivable after more than one year | 29 | €1,855,682 | €1,883,517 | +€27,835 | +1.5% |
| Other amounts receivable | 291 | €1,855,682 | €1,883,517 | +€27,835 | +1.5% |
| Amounts receivable within one year | 40/41 | €16,647 | €564 | -€16,083 | -96.6% |
| Other amounts receivable | 41 | €16,647 | €564 | -€16,083 | -96.6% |
| Cash at bank and in hand | 54/58 | €30,212 | €18,603 | -€11,610 | -38.4% |
| Total equity and liabilities | 10/49 | €2,502,694 | €2,502,836 | +€143 | 0.0% |
| Equity | 10/15 | €42,033 | €47,866 | +€5,833 | +13.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,033 | €37,866 | +€5,833 | +18.2% |
| Amounts payable | 17/49 | €2,460,660 | €2,454,970 | -€5,690 | -0.2% |
| Amounts payable within one year | 42/48 | €2,460,660 | €2,454,970 | -€5,690 | -0.2% |
| Financial debts | 43 | €1,312 | €0 | -€1,312 | -100.0% |
| Credit institutions | 430/8 | €1,312 | €0 | -€1,312 | -100.0% |
| Trade debts | 44 | €3,582 | €2,663 | -€919 | -25.6% |
| Suppliers | 440/4 | €3,582 | €2,663 | -€919 | -25.6% |
| Taxes, remuneration and social security | 45 | €23,311 | €0 | -€23,311 | -100.0% |
| Taxes | 450/3 | €23,311 | €0 | -€23,311 | -100.0% |
| Other amounts payable | 47/48 | €2,432,455 | €2,452,307 | +€19,851 | +0.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€60,948 | -€2,533 | +€58,415 | +95.8% |
| Operating profit (loss) | 9901 | -€61,915 | -€3,531 | +€58,384 | +94.3% |
| Financial income | 75/76B | €24,465 | €29,215 | +€4,750 | +19.4% |
| Recurring financial income | 75 | €24,465 | €29,215 | +€4,750 | +19.4% |
| Financial charges | 65/66B | €20,449 | €19,851 | -€598 | -2.9% |
| Recurring financial charges | 65 | €20,449 | €19,851 | -€598 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€57,899 | €5,833 | +€63,732 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€57,899 | €5,833 | +€63,732 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,899 | €5,833 | +€63,732 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.