ERTAN CAN: 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.
ERTAN CAN
Largest movements
- Receivables within one year -€38,854
down €38,854 (-16.3%), from €239,059 to €200,204
of which Other amounts receivable: -€51,149
- Financial fixed assets +€15,000
up €15,000 (+78.9%), from €19,000 to €34,000
- Trade debts -€54,635
down €54,635 (-87.4%), from €62,498 to €7,863
- Profit (loss) carried forward +€52,658
up €52,658 (+27.1%), from €194,645 to €247,303
- Tax, wage and social debts -€23,161
down €23,161 (-22.0%), from €105,082 to €81,921
of which Taxes: -€27,068
- Staff costs +€135,760
up €135,760 (+65.3%), from €208,060 to €343,820
- Taxes -€45,711
down €45,711 (-72.9%), from €62,697 to €16,986
- Depreciation +€10,758
up €10,758 (+57.4%), from €18,731 to €29,489
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €395,858 | €370,720 | -€25,139 | -6.4% |
| Fixed assets | 21/28 | €145,206 | €158,884 | +€13,678 | +9.4% |
| Tangible fixed assets | 22/27 | €126,206 | €124,884 | -€1,322 | -1.0% |
| Furniture and vehicles | 24 | €94,081 | €98,751 | +€4,671 | +5.0% |
| Leasing and similar rights | 25 | €32,125 | €24,375 | -€7,750 | -24.1% |
| Other tangible fixed assets | 26 | - | €1,757 | +€1,757 | |
| Financial fixed assets | 28 | €19,000 | €34,000 | +€15,000 | +78.9% |
| Current assets | 29/58 | €250,652 | €211,836 | -€38,816 | -15.5% |
| Amounts receivable within one year | 40/41 | €239,059 | €200,204 | -€38,854 | -16.3% |
| Trade receivables | 40 | €162,191 | €174,486 | +€12,295 | +7.6% |
| Other amounts receivable | 41 | €76,867 | €25,718 | -€51,149 | -66.5% |
| Cash at bank and in hand | 54/58 | €11,593 | €11,631 | +€38 | +0.3% |
| Total equity and liabilities | 10/49 | €395,858 | €370,720 | -€25,139 | -6.4% |
| Equity | 10/15 | €200,845 | €253,503 | +€52,658 | +26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | €194,645 | €247,303 | +€52,658 | +27.1% |
| Amounts payable | 17/49 | €195,013 | €117,217 | -€77,796 | -39.9% |
| Amounts payable after more than one year | 17 | €19,671 | €19,671 | = | 0.0% |
| Financial debts | 170/4 | €19,671 | €19,671 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,342 | €97,546 | -€77,796 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €7,762 | €7,762 | = | 0.0% |
| Trade debts | 44 | €62,498 | €7,863 | -€54,635 | -87.4% |
| Suppliers | 440/4 | €62,498 | €7,863 | -€54,635 | -87.4% |
| Taxes, remuneration and social security | 45 | €105,082 | €81,921 | -€23,161 | -22.0% |
| Taxes | 450/3 | €88,658 | €61,590 | -€27,068 | -30.5% |
| Remuneration and social security | 454/9 | €16,424 | €20,331 | +€3,906 | +23.8% |
| Remuneration, social security and pensions | 62 | €208,060 | €343,820 | +€135,760 | +65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,731 | €29,489 | +€10,758 | +57.4% |
| Other operating charges | 640/8 | €4,715 | €3,455 | -€1,260 | -26.7% |
| Gross operating margin | 9900 | €445,881 | €445,269 | -€612 | -0.1% |
| Operating profit (loss) | 9901 | €214,374 | €68,505 | -€145,869 | -68.0% |
| Financial income | 75/76B | €359 | €0 | -€358 | -99.9% |
| Recurring financial income | 75 | €359 | €0 | -€358 | -99.9% |
| Financial charges | 65/66B | €4,505 | €1,231 | -€3,274 | -72.7% |
| Recurring financial charges | 65 | €4,505 | €1,231 | -€3,274 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | €210,228 | €67,275 | -€142,953 | -68.0% |
| Income taxes | 67/77 | €62,697 | €16,986 | -€45,711 | -72.9% |
| Profit (loss) for the period | 9904 | €147,531 | €50,289 | -€97,242 | -65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €147,531 | €50,289 | -€97,242 | -65.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.