E&T AUTOMATICS: 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 AUTOMATICS
Largest movements
- Cash +€53,873
up €53,873 (+116%), from €46,613 to €100,487
mainly Current investments (+€50,000) and Net result for the year (+€34,416)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year +€36,867
up €36,867 (+58.3%), from €63,261 to €100,127
of which Other amounts receivable: +€33,183
- Tangible fixed assets -€13,471
down €13,471 (-22.9%), from €58,805 to €45,334
of which Furniture and vehicles: -€9,211
- Reserves +€34,416
up €34,416 (+23.1%), from €149,182 to €183,598
- Short-term financial debts -€8,459
down €8,459 (-42.3%), from €20,000 to €11,541
- Debts after one year -€7,532
down €7,532 (-35.0%), from €21,535 to €14,003
- Trade debts +€5,344
up €5,344 (+288%), from €1,855 to €7,199
- Tax, wage and social debts +€3,172
up €3,172 (+346%), from €917 to €4,089
of which Remuneration and social security: +€1,798
- Gross operating margin -€10,371
down €10,371 (-12.6%), from €82,200 to €71,829
- Taxes -€3,913
down €3,913 (-18.7%), from €20,887 to €16,974
- Staff costs +€3,238
new in 2025: €3,238
- Financial income +€1,849
up €1,849 (+2,275%), from €81 to €1,930
- Depreciation +€1,025
up €1,025 (+8.0%), from €12,835 to €13,860
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 | €220,697 | €248,125 | +€27,428 | +12.4% |
| Fixed assets | 21/28 | €58,805 | €45,334 | -€13,471 | -22.9% |
| Tangible fixed assets | 22/27 | €58,805 | €45,334 | -€13,471 | -22.9% |
| Plant, machinery and equipment | 23 | €14,714 | €12,044 | -€2,670 | -18.1% |
| Furniture and vehicles | 24 | €31,863 | €22,652 | -€9,211 | -28.9% |
| Other tangible fixed assets | 26 | €12,228 | €10,637 | -€1,590 | -13.0% |
| Current assets | 29/58 | €161,893 | €202,791 | +€40,899 | +25.3% |
| Amounts receivable within one year | 40/41 | €63,261 | €100,127 | +€36,867 | +58.3% |
| Trade receivables | 40 | €4,617 | €8,301 | +€3,684 | +79.8% |
| Other amounts receivable | 41 | €58,643 | €91,826 | +€33,183 | +56.6% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €46,613 | €100,487 | +€53,873 | +116% |
| Deferred charges and accrued income | 490/1 | €2,019 | €2,177 | +€158 | +7.8% |
| Total equity and liabilities | 10/49 | €220,697 | €248,125 | +€27,428 | +12.4% |
| Equity | 10/15 | €169,182 | €203,598 | +€34,416 | +20.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €149,182 | €183,598 | +€34,416 | +23.1% |
| Distributable reserves | 133 | €149,182 | €183,598 | +€34,416 | +23.1% |
| Amounts payable | 17/49 | €51,515 | €44,527 | -€6,988 | -13.6% |
| Amounts payable after more than one year | 17 | €21,535 | €14,003 | -€7,532 | -35.0% |
| Financial debts | 170/4 | €21,535 | €14,003 | -€7,532 | -35.0% |
| Amounts payable within one year | 42/48 | €29,980 | €30,361 | +€381 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €7,208 | €7,532 | +€324 | +4.5% |
| Financial debts | 43 | €20,000 | €11,541 | -€8,459 | -42.3% |
| Credit institutions | 430/8 | €20,000 | €11,541 | -€8,459 | -42.3% |
| Trade debts | 44 | €1,855 | €7,199 | +€5,344 | +288% |
| Suppliers | 440/4 | €1,855 | €7,199 | +€5,344 | +288% |
| Taxes, remuneration and social security | 45 | €917 | €4,089 | +€3,172 | +346% |
| Taxes | 450/3 | €917 | €2,291 | +€1,374 | +150% |
| Remuneration and social security | 454/9 | - | €1,798 | +€1,798 | |
| Accrued charges and deferred income | 492/3 | - | €163 | +€163 | |
| Remuneration, social security and pensions | 62 | - | €3,238 | +€3,238 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,835 | €13,860 | +€1,025 | +8.0% |
| Other operating charges | 640/8 | €791 | €921 | +€130 | +16.4% |
| Gross operating margin | 9900 | €82,200 | €71,829 | -€10,371 | -12.6% |
| Operating profit (loss) | 9901 | €68,573 | €53,809 | -€14,764 | -21.5% |
| Financial income | 75/76B | €81 | €1,930 | +€1,849 | +2,275% |
| Recurring financial income | 75 | €81 | €1,930 | +€1,849 | +2,275% |
| Financial charges | 65/66B | €3,400 | €4,350 | +€949 | +27.9% |
| Recurring financial charges | 65 | €3,400 | €3,140 | -€261 | -7.7% |
| Non-recurring financial charges | 66B | - | €1,210 | +€1,210 | |
| Profit (loss) for the period before taxes | 9903 | €65,254 | €51,389 | -€13,864 | -21.2% |
| Income taxes | 67/77 | €20,887 | €16,974 | -€3,913 | -18.7% |
| Profit (loss) for the period | 9904 | €44,367 | €34,416 | -€9,951 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,367 | €34,416 | -€9,951 | -22.4% |
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 29 October 2026 via checked.be.