ERNESTINE: 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.
ERNESTINE
Largest movements
- Tangible fixed assets -€2,354
down €2,354 (-6.2%), from €38,067 to €35,713
of which Furniture and vehicles: -€2,354
- Profit (loss) carried forward -€2,419
down €2,419 (-19.6%), from -€12,328 to -€14,747
- Gross operating margin +€1,838
up €1,838, from -€1,330 to €508
- Other operating charges -€1,260
down €1,260 (-74.6%), from €1,688 to €428
- Financial income -€91
no longer reported in 2025 (was €91)
- Financial charges +€83
up €83 (+133.9%), from €62 to €145
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 | €41,103 | €38,683 | -€2,420 | -5.9% |
| Fixed assets | 21/28 | €38,067 | €35,713 | -€2,354 | -6.2% |
| Tangible fixed assets | 22/27 | €38,067 | €35,713 | -€2,354 | -6.2% |
| Land and buildings | 22 | €30,419 | €30,419 | = | 0.0% |
| Furniture and vehicles | 24 | €7,648 | €5,294 | -€2,354 | -30.8% |
| Current assets | 29/58 | €3,036 | €2,970 | -€66 | -2.2% |
| Cash at bank and in hand | 54/58 | €3,036 | €2,970 | -€66 | -2.2% |
| Total equity and liabilities | 10/49 | €41,103 | €38,683 | -€2,420 | -5.9% |
| Equity | 10/15 | €6,507 | €4,088 | -€2,419 | -37.2% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €85 | €85 | = | 0.0% |
| Non-distributable reserves | 130/1 | €85 | €85 | = | 0.0% |
| Reserves not available under the articles | 1311 | €85 | €85 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,328 | -€14,747 | -€2,419 | -19.6% |
| Amounts payable | 17/49 | €34,596 | €34,595 | -€1 | 0.0% |
| Amounts payable within one year | 42/48 | €34,596 | €34,595 | -€1 | 0.0% |
| Other amounts payable | 47/48 | €34,596 | €34,595 | -€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,353 | €2,354 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,688 | €428 | -€1,260 | -74.6% |
| Gross operating margin | 9900 | -€1,330 | €508 | +€1,838 | |
| Operating profit (loss) | 9901 | -€5,371 | -€2,274 | +€3,097 | +57.7% |
| Financial income | 75/76B | €91 | - | -€91 | |
| Recurring financial income | 75 | €91 | - | -€91 | |
| Financial charges | 65/66B | €62 | €145 | +€83 | +133.9% |
| Recurring financial charges | 65 | €62 | €145 | +€83 | +133.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,342 | -€2,419 | +€2,923 | +54.7% |
| Profit (loss) for the period | 9904 | -€5,342 | -€2,419 | +€2,923 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,342 | -€2,419 | +€2,923 | +54.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.