ERICSSON: 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.
What changed
ERICSSON
NACE 46.500, Wholesale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4.2m
2024 · €3.5m+€682,069
Equity
€6.4m
2024 · €8.2m-€1.8m
Cash
€49.0m
2024 · €28.7m+€20.3m
Balance sheet total
€127.8m
2024 · €95.1m+€32.7m
Largest movements
Assets
- Cash +€20.3m
up €20.3m (+70.9%), from €28.7m to €49.0m
mainly Advances received (+€16.1m) and Trade debts (+€8.7m)
- Receivables within one year +€12.4m
up €12.4m (+20.2%), from €61.5m to €73.9m
of which Trade receivables: +€12.4m
Equity and liabilities
- Advances received +€16.1m
up €16.1m (+46.8%), from €34.5m to €50.6m
- Trade debts +€8.7m
up €8.7m (+24.9%), from €35.0m to €43.7m
- Other debts +€5.1m
up €5.1m (+512.5%), from €1.0m to €6.1m
- Tax, wage and social debts +€3.3m
up €3.3m (+20.8%), from €15.7m to €19.0m
of which Taxes: +€3.3m
- Profit (loss) carried forward -€1.8m
down €1.8m (-67.8%), from €2.6m to €840,140
Income statement
- Turnover +€24.6m
up €24.6m (+13.7%), from €180.2m to €204.8m
- Goods and materials +€20.4m
up €20.4m (+16.1%), from €127.1m to €147.6m
of which Purchases: +€20.5m
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.
Result 2024
€3.5m
Turnover
+€24.6m
Other operating income
-€2.0m
Goods and materials
-€20.4m
Services and other goods
+€1.1m
Staff costs
-€35,810
Depreciation
-€132,865
Write-downs
+€2,811
Provisions
-€1.7m
Other operating charges
+€455,441
Other operating items
-€1.3m
Financial income
-€124,162
Financial charges
-€46,216
Taxes
+€202,422
Result 2025
€4.2m
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.
From operations
+€26.7m
Investment
-€278,407
Financing
-€6.1m
Cash 2024
€28.7m
From operations (derived)
+€26.7m
Net result for the year
+€4.2m
Depreciation
+€189,250
Stocks and contracts
+€99,814
Receivables within one year
-€12.4m
Deferred charges and accrued income
+€22,218
Provisions
+€1.5m
Trade debts
+€8.7m
Tax, wage and social debts
+€3.3m
Advances received
+€16.1m
Other debts
+€5.1m
Accrued charges and deferred income
-€220,370
Investment (derived)
-€278,407
Investment in fixed assets (net)
-€278,407
Financing
-€6.1m
Debts after one year
-€81,592
Contributions, distributions and other
-€6.0m
Cash 2025
€49.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,072,072 | €127,769,580 | +€32.7m | +34.4% |
| Fixed assets | 21/28 | €1,396,859 | €1,486,016 | +€89,157 | +6.4% |
| Tangible fixed assets | 22/27 | €1,351,967 | €1,441,125 | +€89,157 | +6.6% |
| Plant, machinery and equipment | 23 | €156,579 | €869 | -€155,710 | -99.4% |
| Furniture and vehicles | 24 | €31,660 | €327,596 | +€295,936 | +934.7% |
| Other tangible fixed assets | 26 | €1,163,728 | €1,112,659 | -€51,069 | -4.4% |
| Financial fixed assets | 28 | €44,891 | €44,891 | = | 0.0% |
| Other financial fixed assets | 284/8 | €44,891 | €44,891 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €44,891 | €44,891 | = | 0.0% |
| Current assets | 29/58 | €93,675,213 | €126,283,564 | +€32.6m | +34.8% |
| Stocks and contracts in progress | 3 | €3,456,517 | €3,356,703 | -€99,814 | -2.9% |
| Stocks | 30/36 | €688,044 | €748,198 | +€60,154 | +8.7% |
| Goods purchased for resale | 34 | €688,044 | €748,198 | +€60,154 | +8.7% |
| Contracts in progress | 37 | €2,768,473 | €2,608,505 | -€159,968 | -5.8% |
| Amounts receivable within one year | 40/41 | €61,509,767 | €73,922,544 | +€12.4m | +20.2% |
| Trade receivables | 40 | €60,820,078 | €73,217,362 | +€12.4m | +20.4% |
| Other amounts receivable | 41 | €689,689 | €705,182 | +€15,493 | +2.2% |
| Cash at bank and in hand | 54/58 | €28,669,546 | €48,987,152 | +€20.3m | +70.9% |
| Deferred charges and accrued income | 490/1 | €39,382 | €17,164 | -€22,218 | -56.4% |
| Total equity and liabilities | 10/49 | €95,072,072 | €127,769,580 | +€32.7m | +34.4% |
| Equity | 10/15 | €8,215,581 | €6,441,495 | -€1.8m | -21.6% |
| Contributions | 10/11 | €4,960,000 | €4,960,000 | = | 0.0% |
| Capital | 10 | €4,960,000 | €4,960,000 | = | 0.0% |
| Issued capital | 100 | €4,960,000 | €4,960,000 | = | 0.0% |
| Reserves | 13 | €642,656 | €641,356 | -€1,300 | -0.2% |
| Non-distributable reserves | 130/1 | €573,600 | €572,300 | -€1,300 | -0.2% |
| Legal reserve | 130 | €496,000 | €496,000 | = | 0.0% |
| Other | 1319 | €77,600 | €76,300 | -€1,300 | -1.7% |
| Tax-exempt reserves | 132 | €69,056 | €69,056 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,612,925 | €840,140 | -€1.8m | -67.8% |
| Provisions and deferred taxes | 16 | €77,358 | €1,585,160 | +€1.5m | +1949.1% |
| Provisions for liabilities and charges | 160/5 | €77,358 | €1,585,160 | +€1.5m | +1949.1% |
| Pensions and similar obligations | 160 | €358 | €13,229 | +€12,871 | +3593.4% |
| Other liabilities and charges | 164/5 | €77,000 | €1,571,931 | +€1.5m | +1941.5% |
| Amounts payable | 17/49 | €86,779,132 | €119,742,925 | +€33.0m | +38.0% |
| Amounts payable after more than one year | 17 | €280,630 | €199,038 | -€81,592 | -29.1% |
| Other amounts payable | 178/9 | €280,630 | €199,038 | -€81,592 | -29.1% |
| Amounts payable within one year | 42/48 | €86,160,922 | €119,426,677 | +€33.3m | +38.6% |
| Trade debts | 44 | €34,963,342 | €43,670,751 | +€8.7m | +24.9% |
| Suppliers | 440/4 | €34,963,342 | €43,670,751 | +€8.7m | +24.9% |
| Advances received on contracts in progress | 46 | €34,492,373 | €50,641,510 | +€16.1m | +46.8% |
| Taxes, remuneration and social security | 45 | €15,702,640 | €18,973,476 | +€3.3m | +20.8% |
| Taxes | 450/3 | €6,732,844 | €10,052,959 | +€3.3m | +49.3% |
| Remuneration and social security | 454/9 | €8,969,796 | €8,920,517 | -€49,279 | -0.5% |
| Other amounts payable | 47/48 | €1,002,568 | €6,140,940 | +€5.1m | +512.5% |
| Accrued charges and deferred income | 492/3 | €337,580 | €117,210 | -€220,370 | -65.3% |
| Operating income | 70/76A | €184,033,463 | €205,420,645 | +€21.4m | +11.6% |
| Turnover | 70 | €180,192,680 | €204,826,675 | +€24.6m | +13.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,099,986 | -€159,968 | -€1.3m | |
| Other operating income | 74 | €2,740,797 | €753,939 | -€2.0m | -72.5% |
| Operating charges | 60/66A | €179,202,521 | €199,939,677 | +€20.7m | +11.6% |
| Goods for resale, raw materials and consumables | 60 | €127,145,219 | €147,558,684 | +€20.4m | +16.1% |
| Purchases | 600/8 | €127,159,807 | €147,618,838 | +€20.5m | +16.1% |
| Change in stocks: decrease (increase) | 609 | -€14,589 | -€60,154 | -€45,565 | -312.3% |
| Services and other goods | 61 | €14,445,569 | €13,373,948 | -€1.1m | -7.4% |
| Remuneration, social security and pensions | 62 | €37,182,167 | €37,217,977 | +€35,810 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,385 | €189,250 | +€132,865 | +235.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,811 | -€2,811 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€185,008 | €1,507,802 | +€1.7m | |
| Other operating charges | 640/8 | €550,268 | €94,828 | -€455,441 | -82.8% |
| Non-recurring operating charges | 66A | €7,921 | - | -€7,921 | |
| Operating profit (loss) | 9901 | €4,830,942 | €5,480,968 | +€650,026 | +13.5% |
| Financial income | 75/76B | €582,936 | €458,773 | -€124,162 | -21.3% |
| Recurring financial income | 75 | €582,936 | €458,773 | -€124,162 | -21.3% |
| Income from current assets | 751 | €511,307 | €436,276 | -€75,031 | -14.7% |
| Other financial income | 752/9 | €71,628 | €22,497 | -€49,131 | -68.6% |
| Financial charges | 65/66B | €62,061 | €108,277 | +€46,216 | +74.5% |
| Recurring financial charges | 65 | €62,061 | €108,277 | +€46,216 | +74.5% |
| Debt charges | 650 | €26,938 | €11,326 | -€15,612 | -58.0% |
| Other financial charges | 652/9 | €35,123 | €96,951 | +€61,828 | +176.0% |
| Profit (loss) for the period before taxes | 9903 | €5,351,817 | €5,831,464 | +€479,648 | +9.0% |
| Income taxes | 67/77 | €1,807,972 | €1,605,550 | -€202,422 | -11.2% |
| Taxes | 670/3 | €1,807,972 | €1,692,814 | -€115,158 | -6.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €87,264 | +€87,264 | |
| Profit (loss) for the period | 9904 | €3,543,845 | €4,225,914 | +€682,069 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,543,845 | €4,225,914 | +€682,069 | +19.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.