ERGOSTAR: 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.
ERGOSTAR
Largest movements
- Cash -€829
down €829 (-3.5%), from €23,854 to €23,025
mainly Debts after one year (-€3,826) and Trade debts (-€1,810)
- Receivables within one year -€242
no longer reported in 2024 (was €242)
- Other debts +€4,416
up €4,416 (+19.7%), from €22,387 to €26,803
- Debts after one year -€3,826
no longer reported in 2024 (was €3,826)
- Trade debts -€1,810
down €1,810 (-83.3%), from €2,173 to €363
- Profit (loss) carried forward +€819
up €819 (+2.5%), from -€32,691 to -€31,872
- Accrued charges and deferred income -€384
no longer reported in 2024 (was €384)
- Financial charges -€1,231
down €1,231 (-96.9%), from €1,270 to €40
- Gross operating margin +€836
up €836 (+110.1%), from €760 to €1,596
- Other operating charges +€85
up €85 (+13.1%), from €652 to €737
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,096 | €23,025 | -€1,071 | -4.4% |
| Current assets | 29/58 | €24,096 | €23,025 | -€1,071 | -4.4% |
| Amounts receivable within one year | 40/41 | €242 | - | -€242 | |
| Trade receivables | 40 | €242 | - | -€242 | |
| Cash at bank and in hand | 54/58 | €23,854 | €23,025 | -€829 | -3.5% |
| Total equity and liabilities | 10/49 | €24,096 | €23,025 | -€1,071 | -4.4% |
| Equity | 10/15 | -€5,252 | -€4,432 | +€819 | +15.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,848 | €8,848 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,988 | €6,988 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,691 | -€31,872 | +€819 | +2.5% |
| Amounts payable | 17/49 | €29,348 | €27,458 | -€1,890 | -6.4% |
| Amounts payable after more than one year | 17 | €3,826 | - | -€3,826 | |
| Other amounts payable | 178/9 | €3,826 | - | -€3,826 | |
| Amounts payable within one year | 42/48 | €25,138 | €27,458 | +€2,320 | +9.2% |
| Trade debts | 44 | €2,173 | €363 | -€1,810 | -83.3% |
| Suppliers | 440/4 | €2,173 | €363 | -€1,810 | -83.3% |
| Taxes, remuneration and social security | 45 | €578 | €292 | -€286 | -49.5% |
| Taxes | 450/3 | €578 | €292 | -€286 | -49.5% |
| Other amounts payable | 47/48 | €22,387 | €26,803 | +€4,416 | +19.7% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Other operating charges | 640/8 | €652 | €737 | +€85 | +13.1% |
| Non-recurring operating charges | 66A | €43 | - | -€43 | |
| Gross operating margin | 9900 | €760 | €1,596 | +€836 | +110.1% |
| Operating profit (loss) | 9901 | €64 | €859 | +€794 | +1233.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,270 | €40 | -€1,231 | -96.9% |
| Recurring financial charges | 65 | €1,270 | €40 | -€1,231 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,206 | €819 | +€2,025 | |
| Profit (loss) for the period | 9904 | -€1,206 | €819 | +€2,025 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,206 | €819 | +€2,025 |
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 2 October 2026 via checked.be.