EUSKALKINE: 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.
EUSKALKINE
Largest movements
- Tangible fixed assets -€10,147
down €10,147 (-20.4%), from €49,663 to €39,515
of which Other tangible fixed assets: -€5,776
- Deferred charges and accrued income -€4,021
down €4,021 (-34.1%), from €11,779 to €7,758
- Debts after one year -€7,582
down €7,582 (-16.4%), from €46,253 to €38,671
- Profit (loss) carried forward -€6,167
down €6,167 (-33.5%), from -€18,423 to -€24,589
- Other debts -€3,093
down €3,093 (-10.2%), from €30,208 to €27,115
- Accrued charges and deferred income +€1,061
up €1,061 (+427%), from €249 to €1,310
- Tax, wage and social debts +€1,011
up €1,011 (+59.2%), from €1,708 to €2,719
of which Taxes: +€761
- Gross operating margin -€7,544
down €7,544 (-46.2%), from €16,338 to €8,793
- Depreciation -€1,834
down €1,834 (-15.3%), from €11,982 to €10,147
- Other operating charges +€422
up €422 (+66.1%), from €638 to €1,061
- Taxes +€245
up €245 (+64.6%), from €379 to €623
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 | €86,140 | €72,116 | -€14,023 | -16.3% |
| Fixed assets | 21/28 | €49,963 | €39,815 | -€10,147 | -20.3% |
| Tangible fixed assets | 22/27 | €49,663 | €39,515 | -€10,147 | -20.4% |
| Furniture and vehicles | 24 | €4,463 | €92 | -€4,371 | -97.9% |
| Other tangible fixed assets | 26 | €45,200 | €39,423 | -€5,776 | -12.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €36,177 | €32,301 | -€3,876 | -10.7% |
| Amounts receivable within one year | 40/41 | €9,555 | €9,019 | -€536 | -5.6% |
| Trade receivables | 40 | €9,555 | €9,019 | -€536 | -5.6% |
| Cash at bank and in hand | 54/58 | €14,843 | €15,524 | +€681 | +4.6% |
| Deferred charges and accrued income | 490/1 | €11,779 | €7,758 | -€4,021 | -34.1% |
| Total equity and liabilities | 10/49 | €86,140 | €72,116 | -€14,023 | -16.3% |
| Equity | 10/15 | -€2,363 | -€8,529 | -€6,167 | -261% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,423 | -€24,589 | -€6,167 | -33.5% |
| Amounts payable | 17/49 | €88,502 | €80,646 | -€7,857 | -8.9% |
| Amounts payable after more than one year | 17 | €46,253 | €38,671 | -€7,582 | -16.4% |
| Financial debts | 170/4 | €46,253 | €38,671 | -€7,582 | -16.4% |
| Amounts payable within one year | 42/48 | €42,001 | €40,665 | -€1,336 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €7,300 | €7,582 | +€281 | +3.9% |
| Trade debts | 44 | €2,784 | €3,249 | +€465 | +16.7% |
| Suppliers | 440/4 | €2,784 | €3,249 | +€465 | +16.7% |
| Taxes, remuneration and social security | 45 | €1,708 | €2,719 | +€1,011 | +59.2% |
| Taxes | 450/3 | €1,708 | €2,469 | +€761 | +44.6% |
| Remuneration and social security | 454/9 | - | €250 | +€250 | |
| Other amounts payable | 47/48 | €30,208 | €27,115 | -€3,093 | -10.2% |
| Accrued charges and deferred income | 492/3 | €249 | €1,310 | +€1,061 | +427% |
| Non-recurring operating income | 76A | €0 | €1,290 | +€1,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,982 | €10,147 | -€1,834 | -15.3% |
| Other operating charges | 640/8 | €638 | €1,061 | +€422 | +66.1% |
| Non-recurring operating charges | 66A | €391 | €815 | +€424 | +108% |
| Gross operating margin | 9900 | €16,338 | €8,793 | -€7,544 | -46.2% |
| Operating profit (loss) | 9901 | €3,327 | -€3,230 | -€6,557 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,464 | €2,313 | -€150 | -6.1% |
| Recurring financial charges | 65 | €2,464 | €2,313 | -€150 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €863 | -€5,543 | -€6,406 | |
| Income taxes | 67/77 | €379 | €623 | +€245 | +64.6% |
| Profit (loss) for the period | 9904 | €484 | -€6,167 | -€6,651 | |
| Profit (loss) for the period to be appropriated | 9905 | €484 | -€6,167 | -€6,651 |
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 14 October 2026 via checked.be.