E&Tertainment: what changed
Two fiscal 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&Tertainment
Largest movements
- Tangible fixed assets -€10,668
down €10,668 (-3.4%), from €310,687 to €300,018
of which Land and buildings: -€10,533
- Receivables within one year +€7,846
up €7,846 (+22.4%), from €35,016 to €42,861
of which Trade receivables: +€13,997
- Cash +€3,899
up €3,899 (+54.5%), from €7,152 to €11,051
mainly Net result for the year (+€37,843) and Depreciation (+€14,071)
- Debts after one year -€13,584
down €13,584 (-6.2%), from €218,470 to €204,885
- Reserves +€7,843
up €7,843 (+12.8%), from €61,219 to €69,062
- Other debts +€7,078
up €7,078 (+17.5%), from €40,394 to €47,472
- Gross operating margin +€28,051
up €28,051 (+51.7%), from €54,305 to €82,357
- Taxes +€9,336
up €9,336 (+148.2%), from €6,299 to €15,635
- Depreciation +€2,181
up €2,181 (+18.3%), from €11,890 to €14,071
- Staff costs +€1,664
up €1,664 (+84.9%), from €1,960 to €3,624
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 | €355,075 | €356,374 | +€1,299 | +0.4% |
| Fixed assets | 21/28 | €310,687 | €300,018 | -€10,668 | -3.4% |
| Tangible fixed assets | 22/27 | €310,687 | €300,018 | -€10,668 | -3.4% |
| Land and buildings | 22 | €297,394 | €286,861 | -€10,533 | -3.5% |
| Plant, machinery and equipment | 23 | €7,801 | €8,472 | +€671 | +8.6% |
| Furniture and vehicles | 24 | €5,492 | €4,686 | -€806 | -14.7% |
| Current assets | 29/58 | €44,388 | €56,356 | +€11,968 | +27.0% |
| Amounts receivable within one year | 40/41 | €35,016 | €42,861 | +€7,846 | +22.4% |
| Trade receivables | 40 | €28,865 | €42,861 | +€13,997 | +48.5% |
| Other amounts receivable | 41 | €6,151 | - | -€6,151 | |
| Cash at bank and in hand | 54/58 | €7,152 | €11,051 | +€3,899 | +54.5% |
| Deferred charges and accrued income | 490/1 | €2,221 | €2,444 | +€223 | +10.1% |
| Total equity and liabilities | 10/49 | €355,075 | €356,374 | +€1,299 | +0.4% |
| Equity | 10/15 | €63,619 | €71,462 | +€7,843 | +12.3% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €61,219 | €69,062 | +€7,843 | +12.8% |
| Distributable reserves | 133 | €61,219 | €69,062 | +€7,843 | +12.8% |
| Amounts payable | 17/49 | €291,456 | €284,912 | -€6,544 | -2.2% |
| Amounts payable after more than one year | 17 | €218,470 | €204,885 | -€13,584 | -6.2% |
| Financial debts | 170/4 | €218,470 | €204,885 | -€13,584 | -6.2% |
| Amounts payable within one year | 42/48 | €72,986 | €80,027 | +€7,040 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €13,027 | €15,375 | +€2,349 | +18.0% |
| Trade debts | 44 | €5,103 | €2,116 | -€2,987 | -58.5% |
| Suppliers | 440/4 | €5,103 | €2,116 | -€2,987 | -58.5% |
| Taxes, remuneration and social security | 45 | €14,462 | €15,063 | +€601 | +4.2% |
| Taxes | 450/3 | €14,462 | €15,063 | +€601 | +4.2% |
| Other amounts payable | 47/48 | €40,394 | €47,472 | +€7,078 | +17.5% |
| Remuneration, social security and pensions | 62 | €1,960 | €3,624 | +€1,664 | +84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,890 | €14,071 | +€2,181 | +18.3% |
| Other operating charges | 640/8 | €1,316 | €1,506 | +€190 | +14.5% |
| Non-recurring operating charges | 66A | €652 | - | -€652 | |
| Gross operating margin | 9900 | €54,305 | €82,357 | +€28,051 | +51.7% |
| Operating profit (loss) | 9901 | €38,487 | €63,155 | +€24,668 | +64.1% |
| Financial income | 75/76B | €0 | €50 | +€50 | +167733.3% |
| Recurring financial income | 75 | €0 | €50 | +€50 | +167733.3% |
| Financial charges | 65/66B | €10,296 | €9,727 | -€570 | -5.5% |
| Recurring financial charges | 65 | €10,296 | €9,727 | -€570 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €28,191 | €53,479 | +€25,288 | +89.7% |
| Income taxes | 67/77 | €6,299 | €15,635 | +€9,336 | +148.2% |
| Profit (loss) for the period | 9904 | €21,892 | €37,843 | +€15,951 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,892 | €37,843 | +€15,951 | +72.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.