EUSSEN LUC: 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.
EUSSEN LUC
Largest movements
- Cash +€102,525
up €102,525 (+39.9%), from €256,670 to €359,195
mainly Net result for the year (+€134,331) and Depreciation (+€6,720)
- Receivables within one year +€34,090
up €34,090 (+165%), from €20,668 to €54,758
of which Other amounts receivable: +€42,717
- Reserves +€134,320
up €134,320 (+34.8%), from €385,613 to €519,933
of which Distributable reserves: +€134,320
- Tax, wage and social debts -€6,896
down €6,896 (-27.7%), from €24,890 to €17,994
of which Taxes: -€7,738
- Gross operating margin +€213,252
up €213,252, from -€15,246 to €198,006
- Taxes +€57,874
new in 2025: €57,874
- Depreciation +€3,406
up €3,406 (+103%), from €3,314 to €6,720
- Staff costs -€2,836
no longer reported in 2025 (was €2,836)
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 | €438,912 | €570,292 | +€131,380 | +29.9% |
| Fixed assets | 21/28 | €112,838 | €107,603 | -€5,235 | -4.6% |
| Tangible fixed assets | 22/27 | €112,838 | €107,603 | -€5,235 | -4.6% |
| Land and buildings | 22 | €112,288 | €83,087 | -€29,201 | -26.0% |
| Furniture and vehicles | 24 | - | €7,188 | +€7,188 | |
| Other tangible fixed assets | 26 | €550 | €17,328 | +€16,778 | +3,051% |
| Current assets | 29/58 | €326,074 | €462,689 | +€136,615 | +41.9% |
| Stocks and contracts in progress | 3 | €48,736 | €48,736 | = | 0.0% |
| Stocks | 30/36 | €48,736 | €48,736 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,668 | €54,758 | +€34,090 | +165% |
| Trade receivables | 40 | €9,427 | €800 | -€8,627 | -91.5% |
| Other amounts receivable | 41 | €11,241 | €53,958 | +€42,717 | +380% |
| Cash at bank and in hand | 54/58 | €256,670 | €359,195 | +€102,525 | +39.9% |
| Total equity and liabilities | 10/49 | €438,912 | €570,292 | +€131,380 | +29.9% |
| Equity | 10/15 | €407,095 | €541,426 | +€134,331 | +33.0% |
| Contributions | 10/11 | €11,775 | €11,775 | = | 0.0% |
| Reserves | 13 | €385,613 | €519,933 | +€134,320 | +34.8% |
| Tax-exempt reserves | 132 | €22,423 | €22,423 | = | 0.0% |
| Distributable reserves | 133 | €363,190 | €497,510 | +€134,320 | +37.0% |
| Profit (loss) carried forward | 14 | €9,707 | €9,718 | +€11 | +0.1% |
| Amounts payable | 17/49 | €31,817 | €28,866 | -€2,951 | -9.3% |
| Amounts payable within one year | 42/48 | €31,817 | €28,866 | -€2,951 | -9.3% |
| Trade debts | 44 | €6,927 | €10,872 | +€3,945 | +57.0% |
| Suppliers | 440/4 | €6,927 | €10,872 | +€3,945 | +57.0% |
| Taxes, remuneration and social security | 45 | €24,890 | €17,994 | -€6,896 | -27.7% |
| Taxes | 450/3 | €24,890 | €17,152 | -€7,738 | -31.1% |
| Remuneration and social security | 454/9 | - | €842 | +€842 | |
| Remuneration, social security and pensions | 62 | €2,836 | - | -€2,836 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,314 | €6,720 | +€3,406 | +103% |
| Other operating charges | 640/8 | €1,764 | €3,320 | +€1,556 | +88.2% |
| Gross operating margin | 9900 | -€15,246 | €198,006 | +€213,252 | |
| Operating profit (loss) | 9901 | -€23,160 | €187,966 | +€211,126 | |
| Financial income | 75/76B | €3,231 | €4,383 | +€1,152 | +35.7% |
| Recurring financial income | 75 | €3,231 | €4,383 | +€1,152 | +35.7% |
| Financial charges | 65/66B | €227 | €144 | -€83 | -36.6% |
| Recurring financial charges | 65 | €227 | €144 | -€83 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,156 | €192,205 | +€212,361 | |
| Income taxes | 67/77 | - | €57,874 | +€57,874 | |
| Profit (loss) for the period | 9904 | -€20,156 | €134,331 | +€154,487 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,156 | €134,331 | +€154,487 |
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 15 October 2026 via checked.be.