EARTH TRADING: 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.
EARTH TRADING
Largest movements
- Cash +€254,426
up €254,426 (+73.1%), from €348,231 to €602,656
mainly Net result for the year (+€379,531) and Trade debts (+€152,030)
- Stocks and contracts -€60,620
down €60,620 (-11.6%), from €521,440 to €460,820
- Receivables within one year -€43,904
down €43,904 (-3.0%), from €1.5m to €1.4m
of which Other amounts receivable: -€38,708
- Tangible fixed assets -€34,127
down €34,127 (-24.6%), from €138,965 to €104,838
- Trade debts +€152,030
up €152,030 (+112%), from €136,106 to €288,136
- Reserves -€65,500
down €65,500 (-3.3%), from €2.0m to €1.9m
- Tax, wage and social debts +€62,087
up €62,087 (+156%), from €39,780 to €101,867
of which Taxes: +€65,725
- Other debts -€33,373
down €33,373 (-31.3%), from €106,521 to €73,147
- Gross operating margin +€218,464
up €218,464 (+37.6%), from €580,971 to €799,435
- Taxes +€66,186
up €66,186 (+57.9%), from €114,301 to €180,487
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 | €2,485,846 | €2,601,620 | +€115,774 | +4.7% |
| Fixed assets | 21/28 | €151,990 | €117,863 | -€34,127 | -22.5% |
| Tangible fixed assets | 22/27 | €138,965 | €104,838 | -€34,127 | -24.6% |
| Furniture and vehicles | 24 | €138,965 | €104,838 | -€34,127 | -24.6% |
| Financial fixed assets | 28 | €13,025 | €13,025 | = | 0.0% |
| Current assets | 29/58 | €2,333,856 | €2,483,757 | +€149,902 | +6.4% |
| Stocks and contracts in progress | 3 | €521,440 | €460,820 | -€60,620 | -11.6% |
| Stocks | 30/36 | €521,440 | €460,820 | -€60,620 | -11.6% |
| Amounts receivable within one year | 40/41 | €1,464,185 | €1,420,281 | -€43,904 | -3.0% |
| Trade receivables | 40 | €1,376,623 | €1,371,427 | -€5,196 | -0.4% |
| Other amounts receivable | 41 | €87,562 | €48,854 | -€38,708 | -44.2% |
| Cash at bank and in hand | 54/58 | €348,231 | €602,656 | +€254,426 | +73.1% |
| Total equity and liabilities | 10/49 | €2,485,846 | €2,601,620 | +€115,774 | +4.7% |
| Equity | 10/15 | €2,203,439 | €2,138,470 | -€64,969 | -2.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,004,000 | €1,938,500 | -€65,500 | -3.3% |
| Distributable reserves | 133 | €2,004,000 | €1,938,500 | -€65,500 | -3.3% |
| Profit (loss) carried forward | 14 | €179,439 | €179,970 | +€531 | +0.3% |
| Amounts payable | 17/49 | €282,407 | €463,150 | +€180,743 | +64.0% |
| Amounts payable within one year | 42/48 | €282,407 | €463,150 | +€180,743 | +64.0% |
| Trade debts | 44 | €136,106 | €288,136 | +€152,030 | +112% |
| Suppliers | 440/4 | €136,106 | €288,136 | +€152,030 | +112% |
| Taxes, remuneration and social security | 45 | €39,780 | €101,867 | +€62,087 | +156% |
| Taxes | 450/3 | €16,382 | €82,107 | +€65,725 | +401% |
| Remuneration and social security | 454/9 | €23,398 | €19,760 | -€3,638 | -15.5% |
| Other amounts payable | 47/48 | €106,521 | €73,147 | -€33,373 | -31.3% |
| Remuneration, social security and pensions | 62 | €180,553 | €181,828 | +€1,275 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,506 | €35,262 | +€4,756 | +15.6% |
| Other operating charges | 640/8 | €12,896 | €15,331 | +€2,435 | +18.9% |
| Gross operating margin | 9900 | €580,971 | €799,435 | +€218,464 | +37.6% |
| Operating profit (loss) | 9901 | €357,016 | €567,014 | +€209,998 | +58.8% |
| Financial income | 75/76B | €6,573 | €1,818 | -€4,755 | -72.3% |
| Recurring financial income | 75 | €6,573 | €1,818 | -€4,755 | -72.3% |
| Financial charges | 65/66B | €11,686 | €8,814 | -€2,872 | -24.6% |
| Recurring financial charges | 65 | €11,686 | €8,814 | -€2,872 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €351,904 | €560,018 | +€208,114 | +59.1% |
| Income taxes | 67/77 | €114,301 | €180,487 | +€66,186 | +57.9% |
| Profit (loss) for the period | 9904 | €237,603 | €379,531 | +€141,928 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €237,603 | €379,531 | +€141,928 | +59.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.