Ergotrics: 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.
Ergotrics
Largest movements
- Intangible fixed assets -€42,871
down €42,871 (-34.2%), from €125,190 to €82,319
- Cash -€28,555
down €28,555 (-29.8%), from €95,820 to €67,265
mainly Net result for the year (-€63,582) and Trade debts (-€23,700)
- Stocks and contracts +€18,678
up €18,678 (+20.4%), from €91,635 to €110,314
- Receivables within one year +€16,864
up €16,864 (+47.3%), from €35,650 to €52,514
of which Trade receivables: +€11,576
- Tangible fixed assets -€14,365
down €14,365 (-18.3%), from €78,337 to €63,972
of which Plant, machinery and equipment: -€13,030
- Profit (loss) carried forward -€63,582
down €63,582 (-2.8%), from -€2.3m to -€2.3m
- Debts after one year +€26,966
up €26,966 (+5.1%), from €524,440 to €551,406
- Trade debts -€23,700
down €23,700 (-59.9%), from €39,577 to €15,877
- Tax, wage and social debts +€10,067
up €10,067 (+345.0%), from €2,918 to €12,984
of which Taxes: +€12,984
- Staff costs -€106,733
down €106,733 (-99.6%), from €107,124 to €390
- Gross operating margin +€106,293
up €106,293, from -€74,363 to €31,930
- Financial charges -€23,557
down €23,557 (-46.0%), from €51,242 to €27,685
- Other operating charges -€1,906
down €1,906 (-74.5%), from €2,560 to €654
- Depreciation +€1,237
up €1,237 (+1.9%), from €65,286 to €66,523
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.
Cash bridge derived
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 | €426,632 | €376,384 | -€50,249 | -11.8% |
| Fixed assets | 21/28 | €203,527 | €146,291 | -€57,236 | -28.1% |
| Intangible fixed assets | 21 | €125,190 | €82,319 | -€42,871 | -34.2% |
| Tangible fixed assets | 22/27 | €78,337 | €63,972 | -€14,365 | -18.3% |
| Land and buildings | 22 | €4,239 | €3,315 | -€923 | -21.8% |
| Plant, machinery and equipment | 23 | €72,337 | €59,307 | -€13,030 | -18.0% |
| Furniture and vehicles | 24 | €1,762 | €1,350 | -€412 | -23.4% |
| Current assets | 29/58 | €223,105 | €230,093 | +€6,988 | +3.1% |
| Stocks and contracts in progress | 3 | €91,635 | €110,314 | +€18,678 | +20.4% |
| Stocks | 30/36 | €91,635 | €110,314 | +€18,678 | +20.4% |
| Amounts receivable within one year | 40/41 | €35,650 | €52,514 | +€16,864 | +47.3% |
| Trade receivables | 40 | €24,069 | €35,645 | +€11,576 | +48.1% |
| Other amounts receivable | 41 | €11,581 | €16,869 | +€5,288 | +45.7% |
| Cash at bank and in hand | 54/58 | €95,820 | €67,265 | -€28,555 | -29.8% |
| Total equity and liabilities | 10/49 | €426,632 | €376,384 | -€50,249 | -11.8% |
| Equity | 10/15 | -€262,373 | -€325,955 | -€63,582 | -24.2% |
| Contributions | 10/11 | €2,015,623 | €2,015,623 | = | 0.0% |
| Capital | 10 | €257,219 | €257,219 | = | 0.0% |
| Issued capital | 100 | €257,219 | €257,219 | = | 0.0% |
| Contributions outside capital | 11 | €1,758,404 | €1,758,404 | = | 0.0% |
| Share premium | 1100/10 | €1,758,404 | €1,758,404 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,277,996 | -€2,341,578 | -€63,582 | -2.8% |
| Amounts payable | 17/49 | €689,006 | €702,339 | +€13,333 | +1.9% |
| Amounts payable after more than one year | 17 | €524,440 | €551,406 | +€26,966 | +5.1% |
| Financial debts | 170/4 | €524,440 | €551,406 | +€26,966 | +5.1% |
| Amounts payable within one year | 42/48 | €164,566 | €150,932 | -€13,633 | -8.3% |
| Trade debts | 44 | €39,577 | €15,877 | -€23,700 | -59.9% |
| Suppliers | 440/4 | €39,577 | €15,877 | -€23,700 | -59.9% |
| Taxes, remuneration and social security | 45 | €2,918 | €12,984 | +€10,067 | +345.0% |
| Taxes | 450/3 | - | €12,984 | +€12,984 | |
| Remuneration and social security | 454/9 | €2,918 | €0 | -€2,918 | -100.0% |
| Other amounts payable | 47/48 | €122,071 | €122,071 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €107,124 | €390 | -€106,733 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,286 | €66,523 | +€1,237 | +1.9% |
| Other operating charges | 640/8 | €2,560 | €654 | -€1,906 | -74.5% |
| Gross operating margin | 9900 | -€74,363 | €31,930 | +€106,293 | |
| Operating profit (loss) | 9901 | -€249,333 | -€35,638 | +€213,696 | +85.7% |
| Financial income | 75/76B | €73 | €135 | +€62 | +84.0% |
| Recurring financial income | 75 | €73 | €135 | +€62 | +84.0% |
| Financial charges | 65/66B | €51,242 | €27,685 | -€23,557 | -46.0% |
| Recurring financial charges | 65 | €51,242 | €27,685 | -€23,557 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€300,502 | -€63,188 | +€237,314 | +79.0% |
| Income taxes | 67/77 | €956 | €394 | -€562 | -58.8% |
| Profit (loss) for the period | 9904 | -€301,458 | -€63,582 | +€237,877 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€301,458 | -€63,582 | +€237,877 | +78.9% |
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 11 October 2026 via checked.be.