EUTERPE SERVICES: 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.
EUTERPE SERVICES
Largest movements
- Tangible fixed assets -€1,826
down €1,826 (-100%), from €1,826 to €0
of which Furniture and vehicles: -€1,826
- Receivables within one year +€1,510
up €1,510 (+18.6%), from €8,134 to €9,644
of which Other amounts receivable: +€4,535
- Cash +€755
up €755 (+2.7%), from €27,995 to €28,750
mainly Net result for the year (+€5,280) and Depreciation (+€1,826)
- Profit (loss) carried forward +€5,280
up €5,280 (+49.2%), from €10,727 to €16,006
- Other debts -€5,049
no longer reported in 2025 (was €5,049)
- Gross operating margin +€28,283
up €28,283, from -€17,404 to €10,879
- Depreciation -€4,924
down €4,924 (-72.9%), from €6,750 to €1,826
- Financial charges +€2,410
up €2,410 (+818%), from €295 to €2,705
- Other operating charges -€871
down €871 (-53.9%), from €1,618 to €746
- Staff costs -€275
no longer reported in 2025 (was €275)
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 | €37,955 | €38,394 | +€439 | +1.2% |
| Fixed assets | 21/28 | €1,826 | €0 | -€1,826 | -100% |
| Tangible fixed assets | 22/27 | €1,826 | €0 | -€1,826 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,826 | €0 | -€1,826 | -100% |
| Current assets | 29/58 | €36,129 | €38,394 | +€2,265 | +6.3% |
| Amounts receivable within one year | 40/41 | €8,134 | €9,644 | +€1,510 | +18.6% |
| Trade receivables | 40 | €3,025 | - | -€3,025 | |
| Other amounts receivable | 41 | €5,109 | €9,644 | +€4,535 | +88.8% |
| Cash at bank and in hand | 54/58 | €27,995 | €28,750 | +€755 | +2.7% |
| Total equity and liabilities | 10/49 | €37,955 | €38,394 | +€439 | +1.2% |
| Equity | 10/15 | €31,187 | €36,466 | +€5,280 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,727 | €16,006 | +€5,280 | +49.2% |
| Amounts payable | 17/49 | €6,769 | €1,928 | -€4,841 | -71.5% |
| Amounts payable within one year | 42/48 | €6,769 | €1,928 | -€4,841 | -71.5% |
| Trade debts | 44 | €1,129 | €1,210 | +€81 | +7.2% |
| Suppliers | 440/4 | €1,129 | €1,210 | +€81 | +7.2% |
| Taxes, remuneration and social security | 45 | €591 | €718 | +€127 | +21.5% |
| Taxes | 450/3 | €509 | €718 | +€209 | +41.0% |
| Remuneration and social security | 454/9 | €82 | - | -€82 | |
| Other amounts payable | 47/48 | €5,049 | - | -€5,049 | |
| Remuneration, social security and pensions | 62 | €275 | - | -€275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,750 | €1,826 | -€4,924 | -72.9% |
| Other operating charges | 640/8 | €1,618 | €746 | -€871 | -53.9% |
| Gross operating margin | 9900 | -€17,404 | €10,879 | +€28,283 | |
| Operating profit (loss) | 9901 | -€26,047 | €8,306 | +€34,353 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €295 | €2,705 | +€2,410 | +818% |
| Recurring financial charges | 65 | €295 | €2,705 | +€2,410 | +818% |
| Profit (loss) for the period before taxes | 9903 | -€26,342 | €5,622 | +€31,963 | |
| Income taxes | 67/77 | €335 | €342 | +€7 | +2.1% |
| Profit (loss) for the period | 9904 | -€26,676 | €5,280 | +€31,956 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,676 | €5,280 | +€31,956 |
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 18 October 2026 via checked.be.