ERNST & YOUNG REPRESENTATION: 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.
What changed
ERNST & YOUNG REPRESENTATION
NACE 69.201, Certified accountants and tax accountants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,408
2024 · €23,781-€16,373
Equity
€201,157
2024 · €193,749+€7,408
Cash
€0
2024 · €362-€362
Balance sheet total
€268,050
2024 · €266,440+€1,610
Largest movements
Assets
- Receivables within one year +€3,398
up €3,398 (+1.6%), from €210,263 to €213,661
of which Other amounts receivable: +€35,528
Equity and liabilities
- Profit (loss) carried forward +€7,408
up €7,408 (+6.7%), from €109,814 to €117,222
- Trade debts -€5,169
down €5,169 (-8.0%), from €64,967 to €59,798
Income statement
- Goods and materials +€87,792
up €87,792 (+14.8%), from €592,676 to €680,467
- Turnover +€67,026
up €67,026 (+10.5%), from €639,945 to €706,971
- Services and other goods -€10,527
down €10,527 (-46.5%), from €22,657 to €12,130
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
€23,781
Turnover
+€67,026
Goods and materials
-€87,792
Services and other goods
+€10,527
Write-downs
-€2,363
Other operating charges
+€1,157
Other operating items
-€9,732
Financial income
+€216
Financial charges
-€813
Taxes
+€5,401
Result 2025
€7,408
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
-€362
Investment
€0
Financing
€0
Cash 2024
€362
From operations (derived)
-€362
Net result for the year
+€7,408
Stocks and contracts
+€1,602
Receivables within one year
-€3,398
Deferred charges and accrued income
-€177
Trade debts
-€5,169
Advances received
-€875
Accrued charges and deferred income
+€247
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,440 | €268,050 | +€1,610 | +0.6% |
| Current assets | 29/58 | €266,440 | €268,050 | +€1,610 | +0.6% |
| Stocks and contracts in progress | 3 | €53,897 | €52,295 | -€1,602 | -3.0% |
| Contracts in progress | 37 | €53,897 | €52,295 | -€1,602 | -3.0% |
| Amounts receivable within one year | 40/41 | €210,263 | €213,661 | +€3,398 | +1.6% |
| Trade receivables | 40 | €108,329 | €76,199 | -€32,130 | -29.7% |
| Other amounts receivable | 41 | €101,934 | €137,462 | +€35,528 | +34.9% |
| Cash at bank and in hand | 54/58 | €362 | €0 | -€362 | -100% |
| Deferred charges and accrued income | 490/1 | €1,918 | €2,095 | +€177 | +9.2% |
| Total equity and liabilities | 10/49 | €266,440 | €268,050 | +€1,610 | +0.6% |
| Equity | 10/15 | €193,749 | €201,157 | +€7,408 | +3.8% |
| Contributions | 10/11 | €80,592 | €80,592 | = | 0.0% |
| Reserves | 13 | €3,343 | €3,343 | = | 0.0% |
| Distributable reserves | 133 | €3,343 | €3,343 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,814 | €117,222 | +€7,408 | +6.7% |
| Amounts payable | 17/49 | €72,691 | €66,894 | -€5,798 | -8.0% |
| Amounts payable within one year | 42/48 | €72,090 | €66,045 | -€6,045 | -8.4% |
| Trade debts | 44 | €64,967 | €59,798 | -€5,169 | -8.0% |
| Suppliers | 440/4 | €64,967 | €59,798 | -€5,169 | -8.0% |
| Advances received on contracts in progress | 46 | €7,123 | €6,247 | -€875 | -12.3% |
| Accrued charges and deferred income | 492/3 | €601 | €848 | +€247 | +41.1% |
| Operating income | 70/76A | €648,075 | €705,369 | +€57,294 | +8.8% |
| Turnover | 70 | €639,945 | €706,971 | +€67,026 | +10.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €8,130 | -€1,602 | -€9,732 | |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €617,271 | €695,741 | +€78,471 | +12.7% |
| Goods for resale, raw materials and consumables | 60 | €592,676 | €680,467 | +€87,792 | +14.8% |
| Purchases | 600/8 | €592,676 | €680,467 | +€87,792 | +14.8% |
| Services and other goods | 61 | €22,657 | €12,130 | -€10,527 | -46.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €394 | €2,756 | +€2,363 | +600% |
| Other operating charges | 640/8 | €1,544 | €387 | -€1,157 | -74.9% |
| Operating profit (loss) | 9901 | €30,805 | €9,627 | -€21,177 | -68.7% |
| Financial income | 75/76B | €5,023 | €5,239 | +€216 | +4.3% |
| Recurring financial income | 75 | €5,023 | €5,239 | +€216 | +4.3% |
| Income from current assets | 751 | €3,825 | €3,942 | +€117 | +3.1% |
| Other financial income | 752/9 | €1,198 | €1,296 | +€98 | +8.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €4,292 | €5,106 | +€813 | +19.0% |
| Recurring financial charges | 65 | €4,292 | €5,106 | +€813 | +19.0% |
| Debt charges | 650 | €704 | €751 | +€47 | +6.6% |
| Other financial charges | 652/9 | €3,588 | €4,355 | +€767 | +21.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €31,535 | €9,760 | -€21,775 | -69.0% |
| Income taxes | 67/77 | €7,754 | €2,353 | -€5,401 | -69.7% |
| Taxes | 670/3 | €8,009 | €2,465 | -€5,544 | -69.2% |
| Tax adjustments and reversals of tax provisions | 77 | €255 | €113 | -€142 | -55.9% |
| Profit (loss) for the period | 9904 | €23,781 | €7,408 | -€16,373 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,781 | €7,408 | -€16,373 | -68.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.