EUTHUMIA CAPITAL: what changed
EUTHUMIA CAPITAL
Largest movements
- Cash +€276,122
up €276,122 (+99,690%), from €277 to €276,399
mainly Other debts (+€168,525) and Current investments (+€67,921)
- Current investments -€67,921
down €67,921 (-25.2%), from €269,773 to €201,852
- Reserves +€253,873
new in 2025: €253,873
- Profit (loss) carried forward -€213,563
down €213,563 (-100%), from €213,563 to €0
- Other debts +€168,525
up €168,525 (+358%), from €47,038 to €215,563
- Financial charges +€86,218
up €86,218, from -€77,118 to €9,100
- Financial income +€75,815
up €75,815 (+10,638%), from €713 to €76,528
- Gross operating margin -€1,176
down €1,176 (-4.7%), from -€25,070 to -€26,245
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,754 | €481,023 | +€210,269 | +77.7% |
| Fixed assets | 21/28 | €704 | €2,571 | +€1,867 | +265% |
| Tangible fixed assets | 22/27 | €321 | €2,189 | +€1,867 | +581% |
| Furniture and vehicles | 24 | €321 | €2,189 | +€1,867 | +581% |
| Financial fixed assets | 28 | €383 | €383 | = | 0.0% |
| Current assets | 29/58 | €270,050 | €478,452 | +€208,402 | +77.2% |
| Amounts receivable within one year | 40/41 | - | €200 | +€200 | |
| Other amounts receivable | 41 | - | €200 | +€200 | |
| Current investments | 50/53 | €269,773 | €201,852 | -€67,921 | -25.2% |
| Cash at bank and in hand | 54/58 | €277 | €276,399 | +€276,122 | +99,690% |
| Total equity and liabilities | 10/49 | €270,754 | €481,023 | +€210,269 | +77.7% |
| Equity | 10/15 | €223,563 | €263,873 | +€40,310 | +18.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €253,873 | +€253,873 | |
| Distributable reserves | 133 | - | €253,873 | +€253,873 | |
| Profit (loss) carried forward | 14 | €213,563 | €0 | -€213,563 | -100% |
| Amounts payable | 17/49 | €47,191 | €217,150 | +€169,959 | +360% |
| Amounts payable within one year | 42/48 | €47,191 | €217,150 | +€169,959 | +360% |
| Taxes, remuneration and social security | 45 | €153 | €1,587 | +€1,434 | +937% |
| Taxes | 450/3 | €153 | €131 | -€22 | -14.7% |
| Remuneration and social security | 454/9 | - | €1,456 | +€1,456 | |
| Other amounts payable | 47/48 | €47,038 | €215,563 | +€168,525 | +358% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426 | €473 | +€47 | +11.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€25,070 | -€26,245 | -€1,176 | -4.7% |
| Operating profit (loss) | 9901 | -€25,883 | -€27,118 | -€1,235 | -4.8% |
| Financial income | 75/76B | €713 | €76,528 | +€75,815 | +10,638% |
| Recurring financial income | 75 | €713 | €76,528 | +€75,815 | +10,638% |
| Financial charges | 65/66B | -€77,118 | €9,100 | +€86,218 | |
| Recurring financial charges | 65 | -€77,118 | €9,100 | +€86,218 | |
| Profit (loss) for the period before taxes | 9903 | €51,948 | €40,310 | -€11,638 | -22.4% |
| Profit (loss) for the period | 9904 | €51,948 | €40,310 | -€11,638 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,948 | €40,310 | -€11,638 | -22.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.