FONDATION EUROPSY: 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.
FONDATION EUROPSY
Largest movements
- Current investments +€33,100
up €33,100 (+2.4%), from €1.4m to €1.4m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€4,366
up €4,366 (+22.7%), from -€19,230 to -€14,864
- Depreciation -€921
down €921 (-6.8%), from €13,482 to €12,561
From the 2009 result to the 2010 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 2009 and 2010 balance sheets and the 2010 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,689,791 | €1,703,321 | +€13,530 | +0.8% |
| Fixed assets | 21/28 | €299,297 | €286,736 | -€12,561 | -4.2% |
| Tangible fixed assets | 22/27 | €224,929 | €212,368 | -€12,561 | -5.6% |
| Financial fixed assets | 28 | €74,368 | €74,368 | +€0 | 0.0% |
| Current assets | 29/58 | €1,390,494 | €1,416,584 | +€26,090 | +1.9% |
| Amounts receivable within one year | 40/41 | €12,737 | €14,532 | +€1,795 | +14.1% |
| Current investments | 50/53 | €1,368,795 | €1,401,895 | +€33,100 | +2.4% |
| Cash at bank and in hand | 54/58 | €7,832 | €157 | -€7,675 | -98.0% |
| Total equity and liabilities | 10/49 | €1,689,791 | €1,703,321 | +€13,530 | +0.8% |
| Equity | 10/15 | €1,638,681 | €1,653,383 | +€14,702 | +0.9% |
| Profit (loss) carried forward | 14 | €966,209 | €980,911 | +€14,702 | +1.5% |
| Provisions and deferred taxes | 16 | €46,300 | €45,600 | -€700 | -1.5% |
| Amounts payable | 17/49 | €4,810 | €4,337 | -€473 | -9.8% |
| Amounts payable within one year | 42/48 | €4,338 | €4,337 | -€1 | 0.0% |
| Trade debts | 44 | €1,938 | €1,938 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,482 | €12,561 | -€921 | -6.8% |
| Gross operating margin | 9900 | -€19,230 | -€14,864 | +€4,366 | +22.7% |
| Operating profit (loss) | 9901 | -€67,650 | -€60,424 | +€7,226 | +10.7% |
| Recurring financial income | 75 | €44,838 | €41,538 | -€3,300 | -7.4% |
| Recurring financial charges | 65 | €535 | €112 | -€423 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,347 | -€18,998 | +€4,349 | +18.6% |
| Profit (loss) for the period | 9904 | €14,706 | €14,702 | -€4 | 0.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2009 and 31 December 2010. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.