EUTRONIX: 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.
What changed
EUTRONIX
NACE 46.120, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€413,246
2024 · €27,313+€385,934
Equity
€1.3m
2024 · €1.4m-€51,064
Cash
€75,643
2024 · €64,168+€11,476
Balance sheet total
€7.1m
2024 · €7.8m-€673,120
Largest movements
Assets
- Tangible fixed assets -€535,863
down €535,863 (-71.8%), from €746,056 to €210,193
of which Land and buildings: -€460,574
- Receivables within one year -€455,803
down €455,803 (-12.0%), from €3.8m to €3.3m
of which Trade receivables: -€464,377
- Financial fixed assets +€373,293
up €373,293 (+60.6%), from €616,472 to €989,765
Equity and liabilities
- Trade debts -€757,370
down €757,370 (-32.5%), from €2.3m to €1.6m
- Short-term financial debts +€373,726
up €373,726 (+31.8%), from €1.2m to €1.6m
- Debts after one year -€103,884
down €103,884 (-5.7%), from €1.8m to €1.7m
of which Financial debts: -€103,884
Income statement
- Financial income +€790,970
up €790,970 (+584.5%), from €135,322 to €926,292
of which Financial income: +€790,970
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.
Result 2024
€27,313
Turnover
-€40,171
Other operating income
+€33,742
Goods and materials
-€71,050
Services and other goods
-€190,433
Staff costs
-€166,213
Depreciation
+€68,206
Provisions
-€27,934
Other operating charges
-€7,854
Financial income
+€790,970
Financial charges
-€45,437
Taxes
+€42,106
Result 2025
€413,246
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.
From operations
+€223,318
Investment
+€41,698
Financing
-€253,540
Cash 2024
€64,168
From operations (derived)
+€223,318
Net result for the year
+€413,246
Depreciation
+€116,376
Receivables after one year
+€31,954
Stocks and contracts
+€70,598
Receivables within one year
+€455,803
Deferred charges and accrued income
-€31,834
Provisions
+€4,075
Trade debts
-€757,370
Tax, wage and social debts
-€15,454
Other debts
-€37,255
Accrued charges and deferred income
-€26,821
Investment (derived)
+€41,698
Investment in fixed assets (net)
+€41,698
Financing
-€253,540
Debts after one year
-€103,884
Current portion of long-term debt
-€59,072
Short-term financial debts
+€373,726
Contributions, distributions and other
-€464,311
Cash 2025
€75,643
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,787,977 | €7,114,858 | -€673,120 | -8.6% |
| Fixed assets | 21/28 | €1,376,578 | €1,218,504 | -€158,074 | -11.5% |
| Intangible fixed assets | 21 | €14,050 | €18,547 | +€4,496 | +32.0% |
| Tangible fixed assets | 22/27 | €746,056 | €210,193 | -€535,863 | -71.8% |
| Land and buildings | 22 | €460,574 | €0 | -€460,574 | -100.0% |
| Plant, machinery and equipment | 23 | €2,502 | €0 | -€2,502 | -100.0% |
| Furniture and vehicles | 24 | €282,981 | €210,193 | -€72,788 | -25.7% |
| Financial fixed assets | 28 | €616,472 | €989,765 | +€373,293 | +60.6% |
| Affiliated companies | 280/1 | €616,472 | €989,765 | +€373,293 | +60.6% |
| Participating interests | 280 | €616,472 | €989,765 | +€373,293 | +60.6% |
| Current assets | 29/58 | €6,411,399 | €5,896,354 | -€515,045 | -8.0% |
| Amounts receivable after more than one year | 29 | €31,954 | €0 | -€31,954 | -100.0% |
| Other amounts receivable | 291 | €31,954 | €0 | -€31,954 | -100.0% |
| Stocks and contracts in progress | 3 | €2,368,814 | €2,298,216 | -€70,598 | -3.0% |
| Stocks | 30/36 | €2,368,814 | €2,298,216 | -€70,598 | -3.0% |
| Goods purchased for resale | 34 | €2,368,814 | €2,298,216 | -€70,598 | -3.0% |
| Amounts receivable within one year | 40/41 | €3,786,247 | €3,330,444 | -€455,803 | -12.0% |
| Trade receivables | 40 | €3,700,000 | €3,235,623 | -€464,377 | -12.6% |
| Other amounts receivable | 41 | €86,247 | €94,821 | +€8,574 | +9.9% |
| Cash at bank and in hand | 54/58 | €64,168 | €75,643 | +€11,476 | +17.9% |
| Deferred charges and accrued income | 490/1 | €160,216 | €192,050 | +€31,834 | +19.9% |
| Total equity and liabilities | 10/49 | €7,787,977 | €7,114,858 | -€673,120 | -8.6% |
| Equity | 10/15 | €1,362,212 | €1,311,148 | -€51,064 | -3.7% |
| Contributions | 10/11 | €117,001 | €92,208 | -€24,793 | -21.2% |
| Capital | 10 | €117,000 | €92,207 | -€24,793 | -21.2% |
| Issued capital | 100 | €117,000 | €92,207 | -€24,793 | -21.2% |
| Outside capital | 11 | €1 | €1 | = | 0.0% |
| Share premium | 1100/10 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €85,011 | €49,249 | -€35,762 | -42.1% |
| Non-distributable reserves | 130/1 | €17,459 | €13,760 | -€3,700 | -21.2% |
| Legal reserve | 130 | €17,459 | €13,760 | -€3,700 | -21.2% |
| Tax-exempt reserves | 132 | €67,552 | €35,490 | -€32,062 | -47.5% |
| Profit (loss) carried forward | 14 | €1,152,862 | €1,165,752 | +€12,890 | +1.1% |
| Investment grants | 15 | €7,338 | €3,938 | -€3,400 | -46.3% |
| Provisions and deferred taxes | 16 | €219,575 | €223,650 | +€4,075 | +1.9% |
| Provisions for liabilities and charges | 160/5 | €219,575 | €223,650 | +€4,075 | +1.9% |
| Other liabilities and charges | 164/5 | €219,575 | €223,650 | +€4,075 | +1.9% |
| Amounts payable | 17/49 | €6,206,190 | €5,580,060 | -€626,130 | -10.1% |
| Amounts payable after more than one year | 17 | €1,835,882 | €1,731,999 | -€103,884 | -5.7% |
| Financial debts | 170/4 | €165,882 | €61,999 | -€103,884 | -62.6% |
| Credit institutions | 173 | €165,882 | €61,999 | -€103,884 | -62.6% |
| Other amounts payable | 178/9 | €1,670,000 | €1,670,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,109,017 | €3,613,592 | -€495,425 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €162,955 | €103,884 | -€59,072 | -36.3% |
| Financial debts | 43 | €1,176,774 | €1,550,500 | +€373,726 | +31.8% |
| Credit institutions | 430/8 | €1,176,774 | €1,550,500 | +€373,726 | +31.8% |
| Trade debts | 44 | €2,332,949 | €1,575,579 | -€757,370 | -32.5% |
| Suppliers | 440/4 | €2,332,949 | €1,575,579 | -€757,370 | -32.5% |
| Taxes, remuneration and social security | 45 | €389,740 | €374,285 | -€15,454 | -4.0% |
| Taxes | 450/3 | €110,196 | €118,611 | +€8,415 | +7.6% |
| Remuneration and social security | 454/9 | €279,543 | €255,674 | -€23,869 | -8.5% |
| Other amounts payable | 47/48 | €46,599 | €9,344 | -€37,255 | -79.9% |
| Accrued charges and deferred income | 492/3 | €261,290 | €234,469 | -€26,821 | -10.3% |
| Operating income | 70/76A | €22,491,152 | €22,484,724 | -€6,428 | 0.0% |
| Turnover | 70 | €22,015,957 | €21,975,786 | -€40,171 | -0.2% |
| Other operating income | 74 | €475,196 | €508,938 | +€33,742 | +7.1% |
| Operating charges | 60/66A | €22,241,054 | €22,636,331 | +€395,277 | +1.8% |
| Goods for resale, raw materials and consumables | 60 | €18,711,228 | €18,782,278 | +€71,050 | +0.4% |
| Purchases | 600/8 | €18,683,673 | €18,711,680 | +€28,007 | +0.1% |
| Change in stocks: decrease (increase) | 609 | €27,555 | €70,598 | +€43,043 | +156.2% |
| Services and other goods | 61 | €1,464,915 | €1,655,348 | +€190,433 | +13.0% |
| Remuneration, social security and pensions | 62 | €1,871,297 | €2,037,510 | +€166,213 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,583 | €116,376 | -€68,206 | -37.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€23,859 | €4,075 | +€27,934 | |
| Other operating charges | 640/8 | €32,890 | €40,744 | +€7,854 | +23.9% |
| Operating profit (loss) | 9901 | €250,098 | -€151,607 | -€401,705 | |
| Financial income | 75/76B | €135,322 | €926,292 | +€790,970 | +584.5% |
| Recurring financial income | 75 | €135,322 | €926,292 | +€790,970 | +584.5% |
| Income from financial fixed assets | 750 | €0 | €837,500 | +€837,500 | |
| Income from current assets | 751 | €46,366 | €336 | -€46,030 | -99.3% |
| Other financial income | 752/9 | €88,956 | €88,457 | -€500 | -0.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €313,872 | €359,309 | +€45,437 | +14.5% |
| Recurring financial charges | 65 | €313,872 | €359,309 | +€45,437 | +14.5% |
| Debt charges | 650 | €176,107 | €136,334 | -€39,773 | -22.6% |
| Other financial charges | 652/9 | €137,766 | €222,976 | +€85,210 | +61.9% |
| Profit (loss) for the period before taxes | 9903 | €71,548 | €415,376 | +€343,828 | +480.6% |
| Income taxes | 67/77 | €44,236 | €2,130 | -€42,106 | -95.2% |
| Taxes | 670/3 | €44,236 | €2,884 | -€41,352 | -93.5% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €754 | +€754 | |
| Profit (loss) for the period | 9904 | €27,313 | €413,246 | +€385,934 | +1413.0% |
| Transfer from tax-exempt reserves | 789 | €22,520 | €17,748 | -€4,772 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,833 | €430,994 | +€381,162 | +764.9% |
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 7 October 2026 via checked.be.