EUTECTON: 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.
EUTECTON
Largest movements
- Financial fixed assets +€107,370
up €107,370 (+24.0%), from €447,030 to €554,401
- Receivables within one year +€81,266
up €81,266 (+53.6%), from €151,673 to €232,940
of which Other amounts receivable: +€93,702
- Other debts +€126,050
up €126,050 (+54.0%), from €233,264 to €359,315
- Profit (loss) carried forward +€75,429
up €75,429 (+52.1%), from -€144,916 to -€69,487
- Current portion of long-term debt -€9,792
down €9,792 (-100.0%), from €9,792 to €0
- Financial income +€108,155
up €108,155, from €0 to €108,155
of which Non-recurring financial income: +€107,370
- Gross operating margin -€48,006
down €48,006, from €18,705 to -€29,300
- Write-downs -€39,722
down €39,722 (-100.0%), from €39,722 to €0
- Depreciation -€8,673
down €8,673 (-81.8%), from €10,608 to €1,935
- Other operating charges -€1,740
down €1,740 (-76.2%), from €2,284 to €544
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 | €621,392 | €809,359 | +€187,968 | +30.2% |
| Fixed assets | 21/28 | €465,690 | €574,746 | +€109,057 | +23.4% |
| Tangible fixed assets | 22/27 | €18,659 | €20,346 | +€1,687 | +9.0% |
| Furniture and vehicles | 24 | - | €20,346 | +€20,346 | |
| Leasing and similar rights | 25 | €18,659 | €0 | -€18,659 | -100.0% |
| Financial fixed assets | 28 | €447,030 | €554,401 | +€107,370 | +24.0% |
| Current assets | 29/58 | €155,702 | €234,613 | +€78,911 | +50.7% |
| Amounts receivable within one year | 40/41 | €151,673 | €232,940 | +€81,266 | +53.6% |
| Trade receivables | 40 | €43,400 | €30,964 | -€12,436 | -28.7% |
| Other amounts receivable | 41 | €108,273 | €201,976 | +€93,702 | +86.5% |
| Cash at bank and in hand | 54/58 | €1,330 | €319 | -€1,010 | -76.0% |
| Deferred charges and accrued income | 490/1 | €2,699 | €1,354 | -€1,345 | -49.8% |
| Total equity and liabilities | 10/49 | €621,392 | €809,359 | +€187,968 | +30.2% |
| Equity | 10/15 | -€139,916 | -€64,487 | +€75,429 | +53.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,916 | -€69,487 | +€75,429 | +52.1% |
| Amounts payable | 17/49 | €761,308 | €873,846 | +€112,538 | +14.8% |
| Amounts payable after more than one year | 17 | €397,122 | €395,000 | -€2,122 | -0.5% |
| Financial debts | 170/4 | €397,122 | €395,000 | -€2,122 | -0.5% |
| Amounts payable within one year | 42/48 | €363,799 | €478,447 | +€114,648 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €9,792 | €0 | -€9,792 | -100.0% |
| Trade debts | 44 | €3,959 | €1,602 | -€2,357 | -59.5% |
| Suppliers | 440/4 | €3,959 | €1,602 | -€2,357 | -59.5% |
| Advances received on contracts in progress | 46 | €116,000 | €116,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €783 | €1,530 | +€747 | +95.4% |
| Taxes | 450/3 | €783 | €1,530 | +€747 | +95.4% |
| Other amounts payable | 47/48 | €233,264 | €359,315 | +€126,050 | +54.0% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,608 | €1,935 | -€8,673 | -81.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €39,722 | €0 | -€39,722 | -100.0% |
| Other operating charges | 640/8 | €2,284 | €544 | -€1,740 | -76.2% |
| Gross operating margin | 9900 | €18,705 | -€29,300 | -€48,006 | |
| Operating profit (loss) | 9901 | -€33,908 | -€31,780 | +€2,129 | +6.3% |
| Financial income | 75/76B | €0 | €108,155 | +€108,155 | |
| Recurring financial income | 75 | €0 | €785 | +€785 | |
| Non-recurring financial income | 76B | - | €107,370 | +€107,370 | |
| Financial charges | 65/66B | €405 | €770 | +€365 | +90.1% |
| Recurring financial charges | 65 | €405 | €770 | +€365 | +90.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€34,313 | €75,605 | +€109,919 | |
| Income taxes | 67/77 | €183 | €176 | -€7 | -3.6% |
| Profit (loss) for the period | 9904 | -€34,496 | €75,429 | +€109,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,496 | €75,429 | +€109,925 |
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 1 October 2026 via checked.be.