VERMOGENSBEHEER EUREKA: 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.
VERMOGENSBEHEER EUREKA
Largest movements
- Tangible fixed assets +€188,100
new in 2025: €188,100
- Cash +€17,123
up €17,123 (+160.2%), from €10,691 to €27,814
mainly Debts after one year (+€160,524) and Depreciation (+€26,808)
- Receivables within one year +€11,581
up €11,581 (+2767.0%), from €419 to €12,000
of which Other amounts receivable: +€11,756
- Debts after one year +€160,524
new in 2025: €160,524
- Reserves +€24,372
up €24,372 (+26.2%), from €93,048 to €117,420
of which Distributable reserves: +€24,372
- Tax, wage and social debts +€20,145
up €20,145 (+766.7%), from €2,627 to €22,772
of which Taxes: +€20,145
- Current portion of long-term debt +€8,760
new in 2025: €8,760
- Gross operating margin +€57,459
up €57,459 (+275.9%), from €20,827 to €78,286
- Depreciation +€26,808
new in 2025: €26,808
- Taxes +€8,379
up €8,379 (+1500.8%), from €558 to €8,938
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 | €486,147 | €702,951 | +€216,804 | +44.6% |
| Fixed assets | 21/28 | €475,038 | €663,138 | +€188,100 | +39.6% |
| Tangible fixed assets | 22/27 | - | €188,100 | +€188,100 | |
| Land and buildings | 22 | - | €188,100 | +€188,100 | |
| Financial fixed assets | 28 | €475,038 | €475,038 | = | 0.0% |
| Current assets | 29/58 | €11,109 | €39,814 | +€28,704 | +258.4% |
| Amounts receivable within one year | 40/41 | €419 | €12,000 | +€11,581 | +2767.0% |
| Trade receivables | 40 | €175 | €0 | -€175 | -100.0% |
| Other amounts receivable | 41 | €244 | €12,000 | +€11,756 | +4826.9% |
| Cash at bank and in hand | 54/58 | €10,691 | €27,814 | +€17,123 | +160.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €486,147 | €702,951 | +€216,804 | +44.6% |
| Equity | 10/15 | €154,548 | €178,920 | +€24,372 | +15.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €93,048 | €117,420 | +€24,372 | +26.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €86,898 | €111,270 | +€24,372 | +28.0% |
| Provisions and deferred taxes | 16 | €13,988 | €13,988 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €13,988 | €13,988 | = | 0.0% |
| Pensions and similar obligations | 160 | €13,988 | €13,988 | = | 0.0% |
| Amounts payable | 17/49 | €317,611 | €510,043 | +€192,432 | +60.6% |
| Amounts payable after more than one year | 17 | - | €160,524 | +€160,524 | |
| Financial debts | 170/4 | - | €160,524 | +€160,524 | |
| Amounts payable within one year | 42/48 | €317,611 | €349,519 | +€31,908 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,760 | +€8,760 | |
| Financial debts | 43 | €66 | €0 | -€66 | -100.0% |
| Credit institutions | 430/8 | €66 | €0 | -€66 | -100.0% |
| Trade debts | 44 | €312 | €950 | +€638 | +204.9% |
| Suppliers | 440/4 | €312 | €950 | +€638 | +204.9% |
| Taxes, remuneration and social security | 45 | €2,627 | €22,772 | +€20,145 | +766.7% |
| Taxes | 450/3 | €2,627 | €22,772 | +€20,145 | +766.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €314,606 | €317,037 | +€2,431 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €26,808 | +€26,808 | |
| Other operating charges | 640/8 | €301 | €490 | +€189 | +62.8% |
| Gross operating margin | 9900 | €20,827 | €78,286 | +€57,459 | +275.9% |
| Operating profit (loss) | 9901 | €20,526 | €50,988 | +€30,462 | +148.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €17,965 | €17,678 | -€287 | -1.6% |
| Recurring financial charges | 65 | €17,965 | €17,678 | -€287 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €2,561 | €33,310 | +€30,749 | +1200.6% |
| Income taxes | 67/77 | €558 | €8,938 | +€8,379 | +1500.8% |
| Profit (loss) for the period | 9904 | €2,003 | €24,372 | +€22,370 | +1116.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,003 | €24,372 | +€22,370 | +1116.9% |
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 9 October 2026 via checked.be.