ERGO NUOVA: 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.
ERGO NUOVA
Largest movements
- Receivables within one year -€7,738
down €7,738 (-23.6%), from €32,829 to €25,091
of which Other amounts receivable: -€9,267
- Cash +€2,392
up €2,392 (+134%), from €1,791 to €4,184
mainly Net result for the year (+€9,321) and Receivables within one year (+€7,738)
- Deferred charges and accrued income +€1,293
up €1,293 (+4,994%), from €26 to €1,319
- Other debts -€5,100
down €5,100 (-40.0%), from €12,750 to €7,650
- Trade debts +€460
up €460 (+35.2%), from €1,306 to €1,766
- Gross operating margin -€10,864
down €10,864 (-52.4%), from €20,738 to €9,875
- Taxes -€1,904
down €1,904 (-36.3%), from €5,243 to €3,339
- Other operating charges -€772
down €772 (-99.9%), from €772 to €1
- Financial income -€615
down €615 (-14.2%), from €4,318 to €3,703
of which Financial income: -€666
- Staff costs +€402
new in 2025: €402
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 | €34,647 | €30,594 | -€4,053 | -11.7% |
| Current assets | 29/58 | €34,647 | €30,594 | -€4,053 | -11.7% |
| Amounts receivable within one year | 40/41 | €32,829 | €25,091 | -€7,738 | -23.6% |
| Trade receivables | 40 | €535 | €2,064 | +€1,529 | +286% |
| Other amounts receivable | 41 | €32,294 | €23,028 | -€9,267 | -28.7% |
| Cash at bank and in hand | 54/58 | €1,791 | €4,184 | +€2,392 | +134% |
| Deferred charges and accrued income | 490/1 | €26 | €1,319 | +€1,293 | +4,994% |
| Total equity and liabilities | 10/49 | €34,647 | €30,594 | -€4,053 | -11.7% |
| Equity | 10/15 | €9,845 | €10,166 | +€321 | +3.3% |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,745 | €8,066 | +€321 | +4.1% |
| Amounts payable | 17/49 | €24,801 | €20,427 | -€4,374 | -17.6% |
| Amounts payable within one year | 42/48 | €24,801 | €20,427 | -€4,374 | -17.6% |
| Trade debts | 44 | €1,306 | €1,766 | +€460 | +35.2% |
| Suppliers | 440/4 | €1,306 | €1,766 | +€460 | +35.2% |
| Taxes, remuneration and social security | 45 | €10,745 | €11,011 | +€266 | +2.5% |
| Taxes | 450/3 | €10,745 | €11,011 | +€266 | +2.5% |
| Other amounts payable | 47/48 | €12,750 | €7,650 | -€5,100 | -40.0% |
| Remuneration, social security and pensions | 62 | - | €402 | +€402 | |
| Other operating charges | 640/8 | €772 | €1 | -€772 | -99.9% |
| Non-recurring operating charges | 66A | €2,214 | €163 | -€2,051 | -92.6% |
| Gross operating margin | 9900 | €20,738 | €9,875 | -€10,864 | -52.4% |
| Operating profit (loss) | 9901 | €17,752 | €9,309 | -€8,443 | -47.6% |
| Financial income | 75/76B | €4,318 | €3,703 | -€615 | -14.2% |
| Recurring financial income | 75 | €4,318 | €3,652 | -€666 | -15.4% |
| Non-recurring financial income | 76B | - | €51 | +€51 | |
| Financial charges | 65/66B | €347 | €352 | +€5 | +1.4% |
| Recurring financial charges | 65 | €347 | €351 | +€4 | +1.1% |
| Non-recurring financial charges | 66B | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €21,723 | €12,660 | -€9,063 | -41.7% |
| Income taxes | 67/77 | €5,243 | €3,339 | -€1,904 | -36.3% |
| Profit (loss) for the period | 9904 | €16,480 | €9,321 | -€7,159 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,480 | €9,321 | -€7,159 | -43.4% |
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 15 October 2026 via checked.be.