eTale: 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.
eTale
Largest movements
- Receivables within one year +€11,346
up €11,346 (+15.8%), from €71,694 to €83,040
of which Other amounts receivable: +€10,985
- Cash -€1,096
down €1,096 (-56.9%), from €1,924 to €829
mainly Receivables within one year (-€11,346)
- Tangible fixed assets -€995
down €995 (-38.5%), from €2,584 to €1,588
- Reserves +€8,512
up €8,512 (+72.4%), from €11,754 to €20,265
of which Distributable reserves: +€8,512
- Gross operating margin -€2,166
down €2,166 (-17.4%), from €12,479 to €10,313
- Taxes -€807
down €807 (-15.9%), from €5,066 to €4,260
- Depreciation +€593
up €593 (+147%), from €403 to €995
- Other operating charges -€326
down €326 (-38.6%), from €846 to €520
- Financial charges -€245
down €245 (-72.8%), from €337 to €92
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,202 | €85,457 | +€9,255 | +12.1% |
| Fixed assets | 21/28 | €2,584 | €1,588 | -€995 | -38.5% |
| Tangible fixed assets | 22/27 | €2,584 | €1,588 | -€995 | -38.5% |
| Furniture and vehicles | 24 | €2,584 | €1,588 | -€995 | -38.5% |
| Current assets | 29/58 | €73,618 | €83,869 | +€10,251 | +13.9% |
| Amounts receivable within one year | 40/41 | €71,694 | €83,040 | +€11,346 | +15.8% |
| Trade receivables | 40 | €1,144 | €1,505 | +€361 | +31.6% |
| Other amounts receivable | 41 | €70,550 | €81,535 | +€10,985 | +15.6% |
| Cash at bank and in hand | 54/58 | €1,924 | €829 | -€1,096 | -56.9% |
| Total equity and liabilities | 10/49 | €76,202 | €85,457 | +€9,255 | +12.1% |
| Equity | 10/15 | €64,512 | €73,024 | +€8,512 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,754 | €20,265 | +€8,512 | +72.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €9,895 | €18,406 | +€8,512 | +86.0% |
| Profit (loss) carried forward | 14 | €34,159 | €34,159 | = | 0.0% |
| Amounts payable | 17/49 | €11,690 | €12,433 | +€743 | +6.4% |
| Amounts payable within one year | 42/48 | €11,690 | €12,433 | +€743 | +6.4% |
| Trade debts | 44 | €2,446 | €3,107 | +€661 | +27.0% |
| Suppliers | 440/4 | €2,446 | €3,107 | +€661 | +27.0% |
| Taxes, remuneration and social security | 45 | €9,244 | €9,326 | +€82 | +0.9% |
| Taxes | 450/3 | €9,244 | €9,326 | +€82 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403 | €995 | +€593 | +147% |
| Other operating charges | 640/8 | €846 | €520 | -€326 | -38.6% |
| Gross operating margin | 9900 | €12,479 | €10,313 | -€2,166 | -17.4% |
| Operating profit (loss) | 9901 | €11,231 | €8,798 | -€2,433 | -21.7% |
| Financial income | 75/76B | €4,067 | €4,065 | -€2 | 0.0% |
| Recurring financial income | 75 | €4,067 | €4,065 | -€2 | 0.0% |
| Financial charges | 65/66B | €337 | €92 | -€245 | -72.8% |
| Recurring financial charges | 65 | €337 | €92 | -€245 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | €14,961 | €12,771 | -€2,190 | -14.6% |
| Income taxes | 67/77 | €5,066 | €4,260 | -€807 | -15.9% |
| Profit (loss) for the period | 9904 | €9,895 | €8,512 | -€1,383 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,895 | €8,512 | -€1,383 | -14.0% |
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 16 October 2026 via checked.be.