EARTHLEX ENTERPRISES: 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.
EARTHLEX ENTERPRISES
Largest movements
- Cash -€154,008
down €154,008 (-73.2%), from €210,287 to €56,278
mainly Contributions, distributions and other (-€346,736) and Receivables within one year (-€122,890)
- Current investments -€123,365
down €123,365 (-87.7%), from €140,723 to €17,359
- Receivables within one year +€122,890
up €122,890, from €0 to €122,890
of which Other amounts receivable: +€122,459
- Other debts -€70,581
down €70,581 (-100%), from €70,581 to €0
- Profit (loss) carried forward -€70,476
down €70,476 (-27.5%), from €256,115 to €185,640
- Current portion of long-term debt -€7,552
down €7,552 (-57.5%), from €13,131 to €5,579
- Debts after one year -€5,579
down €5,579 (-66.4%), from €8,401 to €2,821
- Financial income +€16,473
up €16,473 (+635%), from €2,595 to €19,068
- Staff costs +€10,481
up €10,481 (+221%), from €4,743 to €15,225
- Gross operating margin +€7,433
up €7,433 (+1.9%), from €389,979 to €397,412
- Financial charges -€4,717
down €4,717 (-34.0%), from €13,873 to €9,156
of which Non-recurring financial charges: -€10,927
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 | €433,173 | €276,313 | -€156,860 | -36.2% |
| Fixed assets | 21/28 | €80,691 | €78,265 | -€2,427 | -3.0% |
| Tangible fixed assets | 22/27 | €80,691 | €78,265 | -€2,427 | -3.0% |
| Furniture and vehicles | 24 | €67,246 | €54,458 | -€12,788 | -19.0% |
| Other tangible fixed assets | 26 | €13,445 | €23,807 | +€10,362 | +77.1% |
| Current assets | 29/58 | €352,481 | €198,048 | -€154,433 | -43.8% |
| Amounts receivable within one year | 40/41 | €0 | €122,890 | +€122,890 | |
| Trade receivables | 40 | - | €431 | +€431 | |
| Other amounts receivable | 41 | €0 | €122,459 | +€122,459 | |
| Current investments | 50/53 | €140,723 | €17,359 | -€123,365 | -87.7% |
| Cash at bank and in hand | 54/58 | €210,287 | €56,278 | -€154,008 | -73.2% |
| Deferred charges and accrued income | 490/1 | €1,471 | €1,520 | +€49 | +3.3% |
| Total equity and liabilities | 10/49 | €433,173 | €276,313 | -€156,860 | -36.2% |
| Equity | 10/15 | €276,575 | €206,100 | -€70,476 | -25.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,115 | €185,640 | -€70,476 | -27.5% |
| Amounts payable | 17/49 | €156,598 | €70,213 | -€86,384 | -55.2% |
| Amounts payable after more than one year | 17 | €8,401 | €2,821 | -€5,579 | -66.4% |
| Financial debts | 170/4 | €8,401 | €2,821 | -€5,579 | -66.4% |
| Amounts payable within one year | 42/48 | €144,444 | €66,351 | -€78,093 | -54.1% |
| Current portion of amounts payable after more than one year | 42 | €13,131 | €5,579 | -€7,552 | -57.5% |
| Trade debts | 44 | €6,848 | €10,335 | +€3,486 | +50.9% |
| Suppliers | 440/4 | €6,848 | €10,335 | +€3,486 | +50.9% |
| Taxes, remuneration and social security | 45 | €53,883 | €50,437 | -€3,446 | -6.4% |
| Taxes | 450/3 | €53,536 | €49,170 | -€4,366 | -8.2% |
| Remuneration and social security | 454/9 | €348 | €1,267 | +€919 | +264% |
| Other amounts payable | 47/48 | €70,581 | €0 | -€70,581 | -100% |
| Accrued charges and deferred income | 492/3 | €3,753 | €1,041 | -€2,712 | -72.3% |
| Remuneration, social security and pensions | 62 | €4,743 | €15,225 | +€10,481 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,026 | €21,124 | -€901 | -4.1% |
| Other operating charges | 640/8 | €1,012 | €1,041 | +€29 | +2.9% |
| Non-recurring operating charges | 66A | €3,185 | €0 | -€3,185 | -100% |
| Gross operating margin | 9900 | €389,979 | €397,412 | +€7,433 | +1.9% |
| Operating profit (loss) | 9901 | €359,012 | €360,021 | +€1,009 | +0.3% |
| Financial income | 75/76B | €2,595 | €19,068 | +€16,473 | +635% |
| Recurring financial income | 75 | €2,595 | €19,068 | +€16,473 | +635% |
| Financial charges | 65/66B | €13,873 | €9,156 | -€4,717 | -34.0% |
| Recurring financial charges | 65 | €2,946 | €9,156 | +€6,211 | +211% |
| Non-recurring financial charges | 66B | €10,927 | €0 | -€10,927 | -100% |
| Profit (loss) for the period before taxes | 9903 | €347,735 | €369,933 | +€22,198 | +6.4% |
| Income taxes | 67/77 | €91,620 | €93,672 | +€2,053 | +2.2% |
| Profit (loss) for the period | 9904 | €256,115 | €276,261 | +€20,145 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €256,115 | €276,261 | +€20,145 | +7.9% |
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 25 October 2026 via checked.be.