E-TOWER EXPERTS: 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-TOWER EXPERTS
Largest movements
- Receivables within one year -€3,040
down €3,040 (-62.8%), from €4,837 to €1,797
- Tangible fixed assets -€1,963
down €1,963 (-45.8%), from €4,289 to €2,325
- Deferred charges and accrued income +€1,218
up €1,218 (+77.6%), from €1,570 to €2,787
- Other debts +€25,650
up €25,650 (+4048.0%), from €634 to €26,284
- Profit (loss) carried forward -€19,439
down €19,439 (-98.5%), from -€19,729 to -€39,168
- Tax, wage and social debts -€9,818
down €9,818 (-84.7%), from €11,592 to €1,774
- Short-term financial debts -€2,374
down €2,374 (-32.0%), from €7,421 to €5,047
- Accrued charges and deferred income +€1,271
new in 2024: €1,271
- Financial charges +€3,315
up €3,315 (+103.2%), from €3,212 to €6,527
- Depreciation -€1,500
down €1,500 (-43.6%), from €3,437 to €1,937
- Gross operating margin +€1,171
up €1,171 (+11.0%), from -€10,680 to -€9,508
- Other operating charges -€928
down €928 (-42.5%), from €2,181 to €1,253
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,695 | €6,910 | -€3,785 | -35.4% |
| Fixed assets | 21/28 | €4,289 | €2,325 | -€1,963 | -45.8% |
| Tangible fixed assets | 22/27 | €4,289 | €2,325 | -€1,963 | -45.8% |
| Furniture and vehicles | 24 | €4,289 | €2,325 | -€1,963 | -45.8% |
| Current assets | 29/58 | €6,407 | €4,585 | -€1,822 | -28.4% |
| Amounts receivable within one year | 40/41 | €4,837 | €1,797 | -€3,040 | -62.8% |
| Trade receivables | 40 | €4,837 | €1,797 | -€3,040 | -62.8% |
| Deferred charges and accrued income | 490/1 | €1,570 | €2,787 | +€1,218 | +77.6% |
| Total equity and liabilities | 10/49 | €10,695 | €6,910 | -€3,785 | -35.4% |
| Equity | 10/15 | -€17,729 | -€37,168 | -€19,439 | -109.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,729 | -€39,168 | -€19,439 | -98.5% |
| Amounts payable | 17/49 | €28,424 | €44,078 | +€15,654 | +55.1% |
| Amounts payable within one year | 42/48 | €28,424 | €42,807 | +€14,382 | +50.6% |
| Financial debts | 43 | €7,421 | €5,047 | -€2,374 | -32.0% |
| Credit institutions | 430/8 | €7,421 | €5,047 | -€2,374 | -32.0% |
| Trade debts | 44 | €8,778 | €9,701 | +€923 | +10.5% |
| Suppliers | 440/4 | €8,778 | €9,701 | +€923 | +10.5% |
| Taxes, remuneration and social security | 45 | €11,592 | €1,774 | -€9,818 | -84.7% |
| Taxes | 450/3 | €11,592 | €1,774 | -€9,818 | -84.7% |
| Other amounts payable | 47/48 | €634 | €26,284 | +€25,650 | +4048.0% |
| Accrued charges and deferred income | 492/3 | - | €1,271 | +€1,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,437 | €1,937 | -€1,500 | -43.6% |
| Other operating charges | 640/8 | €2,181 | €1,253 | -€928 | -42.5% |
| Gross operating margin | 9900 | -€10,680 | -€9,508 | +€1,171 | +11.0% |
| Operating profit (loss) | 9901 | -€16,297 | -€12,698 | +€3,599 | +22.1% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.9% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.9% |
| Financial charges | 65/66B | €3,212 | €6,527 | +€3,315 | +103.2% |
| Recurring financial charges | 65 | €3,212 | €6,527 | +€3,315 | +103.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,502 | -€19,225 | +€277 | +1.4% |
| Income taxes | 67/77 | €227 | €214 | -€14 | -6.0% |
| Profit (loss) for the period | 9904 | -€19,729 | -€19,439 | +€290 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,729 | -€19,439 | +€290 | +1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.