SAN MARCO EUPEN: 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.
SAN MARCO EUPEN
Largest movements
- Receivables within one year -€24,764
down €24,764 (-66.7%), from €37,114 to €12,350
- Tangible fixed assets -€16,680
down €16,680 (-6.0%), from €276,273 to €259,593
of which Land and buildings: -€17,481
- Cash -€6,178
down €6,178 (-8.9%), from €69,536 to €63,358
mainly Contributions, distributions and other (-€40,354) and Net result for the year (-€11,130)
- Reserves -€40,354
down €40,354 (-27.2%), from €148,454 to €108,099
- Profit (loss) carried forward -€11,130
down €11,130 (-5.0%), from €223,366 to €212,237
- Gross operating margin -€42,185
down €42,185 (-61.3%), from €68,803 to €26,618
- Turnover +€26,400
new in 2025: €26,400
- Purchases and services +€12,119
new in 2025: €12,119
- Financial charges +€7,865
up €7,865 (+3283.4%), from €240 to €8,105
- Taxes -€3,637
down €3,637 (-99.7%), from €3,649 to €12
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,472 | €337,555 | -€47,918 | -12.4% |
| Fixed assets | 21/28 | €276,362 | €259,682 | -€16,680 | -6.0% |
| Tangible fixed assets | 22/27 | €276,273 | €259,593 | -€16,680 | -6.0% |
| Land and buildings | 22 | €254,311 | €236,830 | -€17,481 | -6.9% |
| Plant, machinery and equipment | 23 | €21,962 | €18,664 | -€3,298 | -15.0% |
| Furniture and vehicles | 24 | - | €4,099 | +€4,099 | |
| Financial fixed assets | 28 | €89 | €89 | = | 0.0% |
| Current assets | 29/58 | €109,110 | €77,873 | -€31,238 | -28.6% |
| Amounts receivable within one year | 40/41 | €37,114 | €12,350 | -€24,764 | -66.7% |
| Other amounts receivable | 41 | €37,114 | €12,350 | -€24,764 | -66.7% |
| Cash at bank and in hand | 54/58 | €69,536 | €63,358 | -€6,178 | -8.9% |
| Deferred charges and accrued income | 490/1 | €2,461 | €2,165 | -€296 | -12.0% |
| Total equity and liabilities | 10/49 | €385,472 | €337,555 | -€47,918 | -12.4% |
| Equity | 10/15 | €378,017 | €326,533 | -€51,484 | -13.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €148,454 | €108,099 | -€40,354 | -27.2% |
| Distributable reserves | 133 | €148,454 | €108,099 | -€40,354 | -27.2% |
| Profit (loss) carried forward | 14 | €223,366 | €212,237 | -€11,130 | -5.0% |
| Amounts payable | 17/49 | €7,455 | €11,021 | +€3,566 | +47.8% |
| Amounts payable within one year | 42/48 | €4,955 | €7,971 | +€3,016 | +60.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,182 | €1,283 | +€101 | +8.5% |
| Suppliers | 440/4 | €1,182 | €1,283 | +€101 | +8.5% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €3,773 | €6,689 | +€2,916 | +77.3% |
| Accrued charges and deferred income | 492/3 | €2,500 | €3,050 | +€550 | +22.0% |
| Turnover | 70 | - | €26,400 | +€26,400 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €12,119 | +€12,119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,671 | €21,683 | +€1,013 | +4.9% |
| Other operating charges | 640/8 | €7,743 | €7,984 | +€241 | +3.1% |
| Gross operating margin | 9900 | €68,803 | €26,618 | -€42,185 | -61.3% |
| Operating profit (loss) | 9901 | €40,389 | -€3,050 | -€43,439 | |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €240 | €8,105 | +€7,865 | +3283.4% |
| Recurring financial charges | 65 | €240 | €8,105 | +€7,865 | +3283.4% |
| Profit (loss) for the period before taxes | 9903 | €40,149 | -€11,118 | -€51,267 | |
| Income taxes | 67/77 | €3,649 | €12 | -€3,637 | -99.7% |
| Profit (loss) for the period | 9904 | €36,500 | -€11,130 | -€47,630 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,500 | -€11,130 | -€47,630 |
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 11 October 2026 via checked.be.