ECRN: 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.
ECRN
Largest movements
- Cash +€125,887
up €125,887 (+889%), from €14,156 to €140,043
mainly Receivables within one year (+€100,098) and Net result for the year (+€74,308)
- Receivables within one year -€100,098
down €100,098 (-64.2%), from €155,932 to €55,834
of which Other amounts receivable: -€56,230
- Tangible fixed assets -€12,910
down €12,910 (-32.3%), from €39,975 to €27,066
of which Furniture and vehicles: -€11,603
- Deferred charges and accrued income -€9,032
down €9,032 (-48.6%), from €18,597 to €9,565
- Other debts +€40,000
up €40,000 (+66.7%), from €60,000 to €100,000
- Reserves -€25,693
down €25,693 (-38.6%), from €66,645 to €40,952
- Tax, wage and social debts +€16,338
up €16,338 (+167%), from €9,794 to €26,132
of which Taxes: +€12,233
- Debts after one year -€15,040
no longer reported in 2025 (was €15,040)
- Trade debts -€6,341
down €6,341 (-15.4%), from €41,166 to €34,825
- Gross operating margin +€150,622
up €150,622 (+67.6%), from €222,905 to €373,527
- Staff costs +€111,447
up €111,447 (+82.9%), from €134,412 to €245,858
- Taxes +€14,381
up €14,381 (+90.8%), from €15,832 to €30,213
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 | €234,661 | €238,508 | +€3,847 | +1.6% |
| Fixed assets | 21/28 | €45,975 | €33,066 | -€12,910 | -28.1% |
| Tangible fixed assets | 22/27 | €39,975 | €27,066 | -€12,910 | -32.3% |
| Plant, machinery and equipment | 23 | €1,307 | - | -€1,307 | |
| Furniture and vehicles | 24 | €38,669 | €27,066 | -€11,603 | -30.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €188,685 | €205,443 | +€16,757 | +8.9% |
| Amounts receivable within one year | 40/41 | €155,932 | €55,834 | -€100,098 | -64.2% |
| Trade receivables | 40 | €43,868 | - | -€43,868 | |
| Other amounts receivable | 41 | €112,064 | €55,834 | -€56,230 | -50.2% |
| Cash at bank and in hand | 54/58 | €14,156 | €140,043 | +€125,887 | +889% |
| Deferred charges and accrued income | 490/1 | €18,597 | €9,565 | -€9,032 | -48.6% |
| Total equity and liabilities | 10/49 | €234,661 | €238,508 | +€3,847 | +1.6% |
| Equity | 10/15 | €85,245 | €59,552 | -€25,693 | -30.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,645 | €40,952 | -€25,693 | -38.6% |
| Distributable reserves | 133 | €66,645 | €40,952 | -€25,693 | -38.6% |
| Amounts payable | 17/49 | €149,416 | €178,956 | +€29,540 | +19.8% |
| Amounts payable after more than one year | 17 | €15,040 | - | -€15,040 | |
| Financial debts | 170/4 | €15,040 | - | -€15,040 | |
| Amounts payable within one year | 42/48 | €134,376 | €178,956 | +€44,580 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €5,417 | - | -€5,417 | |
| Financial debts | 43 | €18,000 | €18,000 | = | 0.0% |
| Credit institutions | 430/8 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €41,166 | €34,825 | -€6,341 | -15.4% |
| Suppliers | 440/4 | €41,166 | €34,825 | -€6,341 | -15.4% |
| Taxes, remuneration and social security | 45 | €9,794 | €26,132 | +€16,338 | +167% |
| Taxes | 450/3 | €760 | €12,993 | +€12,233 | +1,610% |
| Remuneration and social security | 454/9 | €9,034 | €13,138 | +€4,104 | +45.4% |
| Other amounts payable | 47/48 | €60,000 | €100,000 | +€40,000 | +66.7% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €134,412 | €245,858 | +€111,447 | +82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,843 | €15,224 | +€382 | +2.6% |
| Other operating charges | 640/8 | €3,483 | €5,155 | +€1,672 | +48.0% |
| Gross operating margin | 9900 | €222,905 | €373,527 | +€150,622 | +67.6% |
| Operating profit (loss) | 9901 | €70,168 | €107,290 | +€37,122 | +52.9% |
| Financial income | 75/76B | €78 | €35 | -€43 | -55.2% |
| Recurring financial income | 75 | €78 | €35 | -€43 | -55.2% |
| Financial charges | 65/66B | €2,685 | €2,804 | +€119 | +4.4% |
| Recurring financial charges | 65 | €2,685 | €2,804 | +€119 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €67,562 | €104,521 | +€36,959 | +54.7% |
| Income taxes | 67/77 | €15,832 | €30,213 | +€14,381 | +90.8% |
| Profit (loss) for the period | 9904 | €51,729 | €74,308 | +€22,578 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,729 | €74,308 | +€22,578 | +43.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.