EUTECTIC: 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.
EUTECTIC
Largest movements
- Receivables within one year -€16,808
down €16,808 (-64.3%), from €26,150 to €9,343
of which Trade receivables: -€18,946
- Tangible fixed assets +€9,019
up €9,019 (+36.5%), from €24,712 to €33,731
of which Other tangible fixed assets: +€16,309
- Deferred charges and accrued income +€911
up €911, from €0 to €911
- Reserves +€11,404
up €11,404 (+47.9%), from €23,791 to €35,195
- Other debts -€10,048
down €10,048 (-67.8%), from €14,828 to €4,780
- Trade debts -€8,723
down €8,723 (-64.7%), from €13,479 to €4,756
- Accrued charges and deferred income -€1,711
down €1,711 (-89.1%), from €1,920 to €209
- Tax, wage and social debts +€1,608
up €1,608 (+17.4%), from €9,257 to €10,865
- Gross operating margin +€8,364
up €8,364 (+36.1%), from €23,140 to €31,503
- Depreciation +€5,811
up €5,811 (+88.4%), from €6,576 to €12,387
- Other operating charges -€543
down €543 (-28.8%), from €1,881 to €1,339
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 | €64,276 | €56,806 | -€7,470 | -11.6% |
| Fixed assets | 21/28 | €24,712 | €33,731 | +€9,019 | +36.5% |
| Tangible fixed assets | 22/27 | €24,712 | €33,731 | +€9,019 | +36.5% |
| Plant, machinery and equipment | 23 | €13,951 | €11,897 | -€2,054 | -14.7% |
| Furniture and vehicles | 24 | €10,761 | €5,524 | -€5,237 | -48.7% |
| Other tangible fixed assets | 26 | - | €16,309 | +€16,309 | |
| Current assets | 29/58 | €39,564 | €23,075 | -€16,489 | -41.7% |
| Amounts receivable within one year | 40/41 | €26,150 | €9,343 | -€16,808 | -64.3% |
| Trade receivables | 40 | €26,150 | €7,204 | -€18,946 | -72.5% |
| Other amounts receivable | 41 | €0 | €2,138 | +€2,138 | |
| Cash at bank and in hand | 54/58 | €13,414 | €12,821 | -€593 | -4.4% |
| Deferred charges and accrued income | 490/1 | €0 | €911 | +€911 | |
| Total equity and liabilities | 10/49 | €64,276 | €56,806 | -€7,470 | -11.6% |
| Equity | 10/15 | €24,791 | €36,195 | +€11,404 | +46.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €23,791 | €35,195 | +€11,404 | +47.9% |
| Distributable reserves | 133 | €23,791 | €35,195 | +€11,404 | +47.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,485 | €20,611 | -€18,874 | -47.8% |
| Amounts payable within one year | 42/48 | €37,565 | €20,402 | -€17,163 | -45.7% |
| Trade debts | 44 | €13,479 | €4,756 | -€8,723 | -64.7% |
| Suppliers | 440/4 | €13,479 | €4,756 | -€8,723 | -64.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,257 | €10,865 | +€1,608 | +17.4% |
| Taxes | 450/3 | €9,257 | €10,865 | +€1,608 | +17.4% |
| Other amounts payable | 47/48 | €14,828 | €4,780 | -€10,048 | -67.8% |
| Accrued charges and deferred income | 492/3 | €1,920 | €209 | -€1,711 | -89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,576 | €12,387 | +€5,811 | +88.4% |
| Other operating charges | 640/8 | €1,881 | €1,339 | -€543 | -28.8% |
| Gross operating margin | 9900 | €23,140 | €31,503 | +€8,364 | +36.1% |
| Operating profit (loss) | 9901 | €14,682 | €17,778 | +€3,095 | +21.1% |
| Financial income | 75/76B | €80 | €2 | -€78 | -98.1% |
| Recurring financial income | 75 | €80 | €2 | -€78 | -98.1% |
| Financial charges | 65/66B | €117 | €353 | +€237 | +203.1% |
| Recurring financial charges | 65 | €117 | €353 | +€237 | +203.1% |
| Profit (loss) for the period before taxes | 9903 | €14,646 | €17,426 | +€2,780 | +19.0% |
| Income taxes | 67/77 | €4,472 | €4,356 | -€116 | -2.6% |
| Profit (loss) for the period | 9904 | €10,174 | €13,070 | +€2,896 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,174 | €13,070 | +€2,896 | +28.5% |
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 29 September 2026 via checked.be.