ERNILS: 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.
ERNILS
Largest movements
- Tangible fixed assets -€5,232
down €5,232 (-21.8%), from €23,968 to €18,736
of which Furniture and vehicles: -€3,000
- Cash -€4,322
down €4,322 (-65.7%), from €6,574 to €2,252
mainly Net result for the year (-€13,335) and Current investments (-€3,036)
- Current investments +€3,036
up €3,036 (+7.8%), from €38,954 to €41,990
- Reserves -€46,874
down €46,874 (-99.0%), from €47,360 to €486
of which Distributable reserves: -€46,874
- Profit (loss) carried forward +€33,540
up €33,540 (+28.3%), from -€118,346 to -€84,807
- Other debts +€7,385
up €7,385 (+17.1%), from €43,061 to €50,445
- Gross operating margin -€4,982
down €4,982 (-155.0%), from -€3,215 to -€8,197
- Financial income -€822
down €822 (-25.3%), from €3,245 to €2,423
- Depreciation -€441
down €441 (-7.8%), from €5,673 to €5,232
- Other operating charges +€121
up €121 (+7.5%), from €1,615 to €1,736
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 | €70,893 | €65,204 | -€5,689 | -8.0% |
| Fixed assets | 21/28 | €23,968 | €18,736 | -€5,232 | -21.8% |
| Tangible fixed assets | 22/27 | €23,968 | €18,736 | -€5,232 | -21.8% |
| Land and buildings | 22 | €11,240 | €10,303 | -€937 | -8.3% |
| Plant, machinery and equipment | 23 | €2,978 | €1,683 | -€1,295 | -43.5% |
| Furniture and vehicles | 24 | €9,750 | €6,750 | -€3,000 | -30.8% |
| Current assets | 29/58 | €46,925 | €46,469 | -€457 | -1.0% |
| Amounts receivable within one year | 40/41 | €1,145 | €1,296 | +€151 | +13.2% |
| Trade receivables | 40 | €200 | €0 | -€200 | -100.0% |
| Other amounts receivable | 41 | €945 | €1,296 | +€351 | +37.1% |
| Current investments | 50/53 | €38,954 | €41,990 | +€3,036 | +7.8% |
| Cash at bank and in hand | 54/58 | €6,574 | €2,252 | -€4,322 | -65.7% |
| Deferred charges and accrued income | 490/1 | €252 | €930 | +€678 | +268.8% |
| Total equity and liabilities | 10/49 | €70,893 | €65,204 | -€5,689 | -8.0% |
| Equity | 10/15 | -€987 | -€14,321 | -€13,335 | -1351.7% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €47,360 | €486 | -€46,874 | -99.0% |
| Non-distributable reserves | 130/1 | €486 | €486 | = | 0.0% |
| Legal reserve | 130 | €486 | €486 | = | 0.0% |
| Distributable reserves | 133 | €46,874 | €0 | -€46,874 | -100.0% |
| Profit (loss) carried forward | 14 | -€118,346 | -€84,807 | +€33,540 | +28.3% |
| Amounts payable | 17/49 | €71,879 | €79,525 | +€7,646 | +10.6% |
| Amounts payable after more than one year | 17 | €28,800 | €28,800 | = | 0.0% |
| Other amounts payable | 178/9 | €28,800 | €28,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,079 | €50,725 | +€7,646 | +17.7% |
| Trade debts | 44 | €19 | €275 | +€256 | +1352.9% |
| Suppliers | 440/4 | €19 | €275 | +€256 | +1352.9% |
| Taxes, remuneration and social security | 45 | - | €5 | +€5 | |
| Taxes | 450/3 | - | €5 | +€5 | |
| Other amounts payable | 47/48 | €43,061 | €50,445 | +€7,385 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,673 | €5,232 | -€441 | -7.8% |
| Other operating charges | 640/8 | €1,615 | €1,736 | +€121 | +7.5% |
| Gross operating margin | 9900 | -€3,215 | -€8,197 | -€4,982 | -155.0% |
| Operating profit (loss) | 9901 | -€10,502 | -€15,164 | -€4,662 | -44.4% |
| Financial income | 75/76B | €3,245 | €2,423 | -€822 | -25.3% |
| Recurring financial income | 75 | €3,245 | €2,423 | -€822 | -25.3% |
| Financial charges | 65/66B | €457 | €428 | -€28 | -6.2% |
| Recurring financial charges | 65 | €457 | €428 | -€28 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,714 | -€13,170 | -€5,456 | -70.7% |
| Income taxes | 67/77 | €160 | €165 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | -€7,874 | -€13,335 | -€5,461 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,874 | -€13,335 | -€5,461 | -69.4% |
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.