ERNALIX Med: 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.
ERNALIX Med
Largest movements
- Deferred charges and accrued income +€80,508
up €80,508 (+366%), from €22,022 to €102,531
- Current investments -€44,572
down €44,572 (-27.7%), from €160,744 to €116,172
- Receivables within one year +€22,858
up €22,858 (+74.0%), from €30,893 to €53,751
of which Other amounts receivable: +€22,532
- Cash -€13,263
down €13,263 (-64.4%), from €20,601 to €7,338
mainly Deferred charges and accrued income (-€80,508) and Receivables within one year (-€22,858)
- Tangible fixed assets -€4,991
down €4,991 (-5.1%), from €98,243 to €93,252
of which Other tangible fixed assets: -€4,782
- Reserves +€43,628
up €43,628 (+16.0%), from €272,823 to €316,451
of which Distributable reserves: +€43,628
- Tax, wage and social debts +€19,452
up €19,452 (+81.3%), from €23,939 to €43,391
of which Taxes: +€19,210
- Trade debts -€14,259
down €14,259 (-100.0%), from €14,260 to €1
- Current portion of long-term debt -€5,672
no longer reported in 2023 (was €5,672)
- Gross operating margin -€11,295
down €11,295 (-6.9%), from €163,860 to €152,565
- Financial charges -€9,754
down €9,754 (-13.5%), from €72,206 to €62,452
- Depreciation -€8,626
down €8,626 (-31.2%), from €27,632 to €19,006
- Staff costs +€5,276
new in 2023: €5,276
- Taxes +€2,673
up €2,673 (+13.2%), from €20,315 to €22,988
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,504 | €373,042 | +€40,539 | +12.2% |
| Fixed assets | 21/28 | €98,243 | €93,252 | -€4,991 | -5.1% |
| Tangible fixed assets | 22/27 | €98,243 | €93,252 | -€4,991 | -5.1% |
| Land and buildings | 22 | €32,001 | €27,430 | -€4,572 | -14.3% |
| Plant, machinery and equipment | 23 | €2,721 | €1,619 | -€1,103 | -40.5% |
| Furniture and vehicles | 24 | €37,585 | €43,050 | +€5,465 | +14.5% |
| Other tangible fixed assets | 26 | €25,936 | €21,153 | -€4,782 | -18.4% |
| Current assets | 29/58 | €234,261 | €279,791 | +€45,530 | +19.4% |
| Amounts receivable within one year | 40/41 | €30,893 | €53,751 | +€22,858 | +74.0% |
| Trade receivables | 40 | €3,392 | €3,717 | +€325 | +9.6% |
| Other amounts receivable | 41 | €27,501 | €50,033 | +€22,532 | +81.9% |
| Current investments | 50/53 | €160,744 | €116,172 | -€44,572 | -27.7% |
| Cash at bank and in hand | 54/58 | €20,601 | €7,338 | -€13,263 | -64.4% |
| Deferred charges and accrued income | 490/1 | €22,022 | €102,531 | +€80,508 | +366% |
| Total equity and liabilities | 10/49 | €332,504 | €373,042 | +€40,539 | +12.2% |
| Equity | 10/15 | €285,223 | €328,851 | +€43,628 | +15.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €272,823 | €316,451 | +€43,628 | +16.0% |
| 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 | €270,963 | €314,591 | +€43,628 | +16.1% |
| Amounts payable | 17/49 | €47,281 | €44,192 | -€3,089 | -6.5% |
| Amounts payable within one year | 42/48 | €47,281 | €44,192 | -€3,089 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €5,672 | - | -€5,672 | |
| Financial debts | 43 | €2,610 | - | -€2,610 | |
| Credit institutions | 430/8 | €2,610 | - | -€2,610 | |
| Trade debts | 44 | €14,260 | €1 | -€14,259 | -100.0% |
| Suppliers | 440/4 | €14,260 | €1 | -€14,259 | -100.0% |
| Taxes, remuneration and social security | 45 | €23,939 | €43,391 | +€19,452 | +81.3% |
| Taxes | 450/3 | €23,939 | €43,149 | +€19,210 | +80.2% |
| Remuneration and social security | 454/9 | - | €242 | +€242 | |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €5,276 | +€5,276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,632 | €19,006 | -€8,626 | -31.2% |
| Other operating charges | 640/8 | €1,171 | €1,268 | +€97 | +8.3% |
| Gross operating margin | 9900 | €163,860 | €152,565 | -€11,295 | -6.9% |
| Operating profit (loss) | 9901 | €135,057 | €127,015 | -€8,042 | -6.0% |
| Financial income | 75/76B | €1,480 | €2,052 | +€572 | +38.6% |
| Recurring financial income | 75 | €1,480 | €2,052 | +€572 | +38.6% |
| Financial charges | 65/66B | €72,206 | €62,452 | -€9,754 | -13.5% |
| Recurring financial charges | 65 | €72,206 | €62,452 | -€9,754 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €64,331 | €66,616 | +€2,284 | +3.6% |
| Income taxes | 67/77 | €20,315 | €22,988 | +€2,673 | +13.2% |
| Profit (loss) for the period | 9904 | €44,017 | €43,628 | -€389 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,017 | €43,628 | -€389 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.