E.T.: 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.
E.T.
Largest movements
- Receivables within one year -€255,727
down €255,727 (-44.2%), from €578,979 to €323,253
of which Trade receivables: -€129,035
- Cash -€12,728
down €12,728 (-9.1%), from €139,516 to €126,788
mainly Tax, wage and social debts (-€544,189) and Deferred charges and accrued income (-€1,763)
- Tax, wage and social debts -€544,189
down €544,189 (-81.3%), from €668,956 to €124,767
of which Remuneration and social security: -€489,776
- Other debts +€270,302
up €270,302 (+3,726%), from €7,254 to €277,557
- Profit (loss) carried forward +€8,708
up €8,708 (+35.2%), from €24,771 to €33,479
- Turnover -€3.2m
no longer reported in 2025 (was €3.2m)
- Gross operating margin -€2.1m
down €2.1m (-66.9%), from €3.1m to €1.0m
- Staff costs -€2.1m
down €2.1m (-66.9%), from €3.1m to €1.0m
- Purchases and services -€78,753
no longer reported in 2025 (was €78,753)
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
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 | €719,921 | €453,229 | -€266,692 | -37.0% |
| Current assets | 29/58 | €719,921 | €453,229 | -€266,692 | -37.0% |
| Amounts receivable within one year | 40/41 | €578,979 | €323,253 | -€255,727 | -44.2% |
| Trade receivables | 40 | €169,049 | €40,014 | -€129,035 | -76.3% |
| Other amounts receivable | 41 | €409,931 | €283,239 | -€126,692 | -30.9% |
| Cash at bank and in hand | 54/58 | €139,516 | €126,788 | -€12,728 | -9.1% |
| Deferred charges and accrued income | 490/1 | €1,426 | €3,189 | +€1,763 | +124% |
| Total equity and liabilities | 10/49 | €719,921 | €453,229 | -€266,692 | -37.0% |
| Equity | 10/15 | €25,771 | €34,479 | +€8,708 | +33.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,771 | €33,479 | +€8,708 | +35.2% |
| Amounts payable | 17/49 | €694,150 | €418,751 | -€275,399 | -39.7% |
| Amounts payable within one year | 42/48 | €694,150 | €418,751 | -€275,399 | -39.7% |
| Trade debts | 44 | €17,940 | €16,427 | -€1,513 | -8.4% |
| Suppliers | 440/4 | €17,940 | €16,427 | -€1,513 | -8.4% |
| Taxes, remuneration and social security | 45 | €668,956 | €124,767 | -€544,189 | -81.3% |
| Taxes | 450/3 | €93,134 | €38,721 | -€54,413 | -58.4% |
| Remuneration and social security | 454/9 | €575,822 | €86,046 | -€489,776 | -85.1% |
| Other amounts payable | 47/48 | €7,254 | €277,557 | +€270,302 | +3,726% |
| Turnover | 70 | €3,160,257 | - | -€3.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | €78,753 | - | -€78,753 | |
| Remuneration, social security and pensions | 62 | €3,079,750 | €1,017,909 | -€2.1m | -66.9% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €3,121,819 | €1,033,061 | -€2.1m | -66.9% |
| Operating profit (loss) | 9901 | €42,069 | €15,089 | -€26,980 | -64.1% |
| Financial income | 75/76B | €9,931 | €4,409 | -€5,522 | -55.6% |
| Recurring financial income | 75 | €9,931 | €4,409 | -€5,522 | -55.6% |
| Financial charges | 65/66B | €571 | €1,151 | +€580 | +102% |
| Recurring financial charges | 65 | €571 | €1,151 | +€580 | +102% |
| Profit (loss) for the period before taxes | 9903 | €51,429 | €18,347 | -€33,082 | -64.3% |
| Income taxes | 67/77 | €26,658 | €9,640 | -€17,018 | -63.8% |
| Profit (loss) for the period | 9904 | €24,771 | €8,708 | -€16,064 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,771 | €8,708 | -€16,064 | -64.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.