ERNEST: 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.
ERNEST
Largest movements
- Cash +€6,252
up €6,252 (+8.8%), from €71,121 to €77,373
mainly Receivables within one year (+€4,990) and Net result for the year (+€3,351)
- Receivables within one year -€4,990
down €4,990 (-96.6%), from €5,167 to €177
of which Trade receivables: -€3,877
- Tangible fixed assets -€2,005
down €2,005 (-62.8%), from €3,194 to €1,188
of which Furniture and vehicles: -€1,106
- Trade debts -€5,014
down €5,014 (-98.3%), from €5,102 to €87
- Profit (loss) carried forward +€3,351
up €3,351 (+4.8%), from €70,425 to €73,775
- Tax, wage and social debts +€1,769
up €1,769 (+41.9%), from €4,221 to €5,990
of which Taxes: +€1,035
- Gross operating margin +€22,821
up €22,821 (+210.5%), from €10,841 to €33,662
- Turnover +€17,529
up €17,529 (+48.7%), from €35,957 to €53,486
- Staff costs +€6,039
up €6,039 (+28.5%), from €21,185 to €27,224
- Purchases and services -€5,002
down €5,002 (-17.2%), from €29,018 to €24,016
- Depreciation -€718
down €718 (-26.4%), from €2,723 to €2,005
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 | €82,462 | €81,948 | -€514 | -0.6% |
| Fixed assets | 21/28 | €3,194 | €1,188 | -€2,005 | -62.8% |
| Tangible fixed assets | 22/27 | €3,194 | €1,188 | -€2,005 | -62.8% |
| Plant, machinery and equipment | 23 | €2,088 | €1,188 | -€899 | -43.1% |
| Furniture and vehicles | 24 | €1,106 | - | -€1,106 | |
| Current assets | 29/58 | €79,269 | €80,760 | +€1,491 | +1.9% |
| Stocks and contracts in progress | 3 | €2,458 | €2,352 | -€106 | -4.3% |
| Stocks | 30/36 | €2,458 | €2,352 | -€106 | -4.3% |
| Amounts receivable within one year | 40/41 | €5,167 | €177 | -€4,990 | -96.6% |
| Trade receivables | 40 | €3,930 | €53 | -€3,877 | -98.7% |
| Other amounts receivable | 41 | €1,237 | €124 | -€1,113 | -90.0% |
| Cash at bank and in hand | 54/58 | €71,121 | €77,373 | +€6,252 | +8.8% |
| Deferred charges and accrued income | 490/1 | €523 | €858 | +€335 | +64.0% |
| Total equity and liabilities | 10/49 | €82,462 | €81,948 | -€514 | -0.6% |
| Equity | 10/15 | €72,034 | €75,384 | +€3,351 | +4.7% |
| Contributions | 10/11 | €1,609 | €1,609 | = | 0.0% |
| Capital | 10 | €1,609 | €1,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,425 | €73,775 | +€3,351 | +4.8% |
| Amounts payable | 17/49 | €10,428 | €6,564 | -€3,865 | -37.1% |
| Amounts payable within one year | 42/48 | €9,323 | €6,077 | -€3,245 | -34.8% |
| Trade debts | 44 | €5,102 | €87 | -€5,014 | -98.3% |
| Suppliers | 440/4 | €5,102 | €87 | -€5,014 | -98.3% |
| Taxes, remuneration and social security | 45 | €4,221 | €5,990 | +€1,769 | +41.9% |
| Taxes | 450/3 | €1,062 | €2,097 | +€1,035 | +97.5% |
| Remuneration and social security | 454/9 | €3,159 | €3,893 | +€734 | +23.2% |
| Accrued charges and deferred income | 492/3 | €1,106 | €486 | -€619 | -56.0% |
| Turnover | 70 | €35,957 | €53,486 | +€17,529 | +48.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €29,018 | €24,016 | -€5,002 | -17.2% |
| Remuneration, social security and pensions | 62 | €21,185 | €27,224 | +€6,039 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,723 | €2,005 | -€718 | -26.4% |
| Other operating charges | 640/8 | €651 | €676 | +€25 | +3.8% |
| Gross operating margin | 9900 | €10,841 | €33,662 | +€22,821 | +210.5% |
| Operating profit (loss) | 9901 | -€13,718 | €3,757 | +€17,475 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €167 | €90 | -€77 | -46.0% |
| Recurring financial charges | 65 | €167 | €90 | -€77 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,880 | €3,667 | +€17,547 | |
| Income taxes | 67/77 | €241 | €316 | +€75 | +31.1% |
| Profit (loss) for the period | 9904 | -€14,121 | €3,351 | +€17,472 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,121 | €3,351 | +€17,472 |
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 12 October 2026 via checked.be.