L'Europa: 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.
L'Europa
Largest movements
- Receivables within one year -€15,300
down €15,300 (-93.9%), from €16,290 to €990
of which Trade receivables: -€12,954
- Trade debts -€8,939
no longer reported in 2025 (was €8,939)
- Other debts -€4,924
down €4,924 (-7.1%), from €68,882 to €63,958
- Profit (loss) carried forward -€780
down €780 (-0.9%), from -€83,460 to -€84,239
- Tax, wage and social debts -€658
no longer reported in 2025 (was €658)
- Staff costs -€4,437
no longer reported in 2025 (was €4,437)
- Gross operating margin -€4,069
down €4,069, from €3,289 to -€780
- Other operating charges -€1,160
no longer reported in 2025 (was €1,160)
- Financial charges -€166
no longer reported in 2025 (was €166)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,290 | €990 | -€15,300 | -93.9% |
| Current assets | 29/58 | €16,290 | €990 | -€15,300 | -93.9% |
| Amounts receivable within one year | 40/41 | €16,290 | €990 | -€15,300 | -93.9% |
| Trade receivables | 40 | €12,954 | - | -€12,954 | |
| Other amounts receivable | 41 | €3,336 | €990 | -€2,346 | -70.3% |
| Total equity and liabilities | 10/49 | €16,290 | €990 | -€15,300 | -93.9% |
| Equity | 10/15 | -€62,189 | -€62,968 | -€780 | -1.3% |
| Contributions | 10/11 | €18,792 | €18,792 | = | 0.0% |
| Contributions outside capital | 11 | €18,792 | €18,792 | = | 0.0% |
| Share premium | 1100/10 | €18,792 | €18,792 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,460 | -€84,239 | -€780 | -0.9% |
| Amounts payable | 17/49 | €78,479 | €63,958 | -€14,520 | -18.5% |
| Amounts payable within one year | 42/48 | €78,479 | €63,958 | -€14,520 | -18.5% |
| Trade debts | 44 | €8,939 | - | -€8,939 | |
| Suppliers | 440/4 | €8,939 | - | -€8,939 | |
| Taxes, remuneration and social security | 45 | €658 | - | -€658 | |
| Remuneration and social security | 454/9 | €658 | - | -€658 | |
| Other amounts payable | 47/48 | €68,882 | €63,958 | -€4,924 | -7.1% |
| Remuneration, social security and pensions | 62 | €4,437 | - | -€4,437 | |
| Other operating charges | 640/8 | €1,160 | - | -€1,160 | |
| Gross operating margin | 9900 | €3,289 | -€780 | -€4,069 | |
| Operating profit (loss) | 9901 | -€2,308 | -€780 | +€1,528 | +66.2% |
| Financial charges | 65/66B | €166 | - | -€166 | |
| Recurring financial charges | 65 | €166 | - | -€166 | |
| Profit (loss) for the period before taxes | 9903 | -€2,474 | -€780 | +€1,695 | +68.5% |
| Profit (loss) for the period | 9904 | -€2,474 | -€780 | +€1,695 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,474 | -€780 | +€1,695 | +68.5% |
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 17 October 2026 via checked.be.