ETC COFFEE: 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.
ETC COFFEE
Largest movements
- Receivables within one year +€21,862
up €21,862 (+3,560%), from €614 to €22,476
of which Other amounts receivable: +€18,355
- Cash +€6,739
up €6,739 (+26.1%), from €25,818 to €32,557
mainly Net result for the year (+€29,681) and Tax, wage and social debts (+€23,009)
- Stocks and contracts -€3,618
down €3,618 (-34.1%), from €10,597 to €6,979
- Profit (loss) carried forward +€24,681
up €24,681 (+218%), from €11,318 to €35,998
- Tax, wage and social debts +€23,009
up €23,009 (+70.3%), from €32,749 to €55,757
of which Taxes: +€17,797
- Debts after one year -€16,350
down €16,350 (-24.9%), from €65,665 to €49,315
- Other debts -€11,550
down €11,550 (-97.1%), from €11,890 to €341
- Current portion of long-term debt +€5,125
up €5,125 (+32.9%), from €15,569 to €20,693
- Gross operating margin +€46,366
up €46,366 (+19.1%), from €242,679 to €289,045
- Staff costs +€17,471
up €17,471 (+8.8%), from €199,509 to €216,981
- Other operating charges +€6,702
up €6,702 (+255%), from €2,630 to €9,332
- Depreciation +€6,520
up €6,520 (+62.2%), from €10,484 to €17,004
- Financial charges +€4,834
up €4,834 (+147%), from €3,290 to €8,124
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 | €150,013 | €176,190 | +€26,178 | +17.5% |
| Fixed assets | 21/28 | €112,983 | €114,179 | +€1,195 | +1.1% |
| Intangible fixed assets | 21 | €860 | €300 | -€559 | -65.1% |
| Tangible fixed assets | 22/27 | €111,623 | €113,378 | +€1,755 | +1.6% |
| Plant, machinery and equipment | 23 | - | €3,812 | +€3,812 | |
| Furniture and vehicles | 24 | €24,278 | €30,964 | +€6,686 | +27.5% |
| Leasing and similar rights | 25 | €87,345 | €78,602 | -€8,743 | -10.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €37,029 | €62,012 | +€24,982 | +67.5% |
| Stocks and contracts in progress | 3 | €10,597 | €6,979 | -€3,618 | -34.1% |
| Stocks | 30/36 | €10,597 | €6,979 | -€3,618 | -34.1% |
| Amounts receivable within one year | 40/41 | €614 | €22,476 | +€21,862 | +3,560% |
| Trade receivables | 40 | €614 | €4,121 | +€3,507 | +571% |
| Other amounts receivable | 41 | - | €18,355 | +€18,355 | |
| Cash at bank and in hand | 54/58 | €25,818 | €32,557 | +€6,739 | +26.1% |
| Total equity and liabilities | 10/49 | €150,013 | €176,190 | +€26,178 | +17.5% |
| Equity | 10/15 | €17,318 | €41,998 | +€24,681 | +143% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,318 | €35,998 | +€24,681 | +218% |
| Amounts payable | 17/49 | €132,695 | €134,192 | +€1,497 | +1.1% |
| Amounts payable after more than one year | 17 | €65,665 | €49,315 | -€16,350 | -24.9% |
| Financial debts | 170/4 | €65,665 | €49,315 | -€16,350 | -24.9% |
| Amounts payable within one year | 42/48 | €67,030 | €84,877 | +€17,847 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €15,569 | €20,693 | +€5,125 | +32.9% |
| Trade debts | 44 | €6,822 | €8,085 | +€1,263 | +18.5% |
| Suppliers | 440/4 | €6,822 | €8,085 | +€1,263 | +18.5% |
| Taxes, remuneration and social security | 45 | €32,749 | €55,757 | +€23,009 | +70.3% |
| Taxes | 450/3 | €6,228 | €24,025 | +€17,797 | +286% |
| Remuneration and social security | 454/9 | €26,521 | €31,733 | +€5,212 | +19.7% |
| Other amounts payable | 47/48 | €11,890 | €341 | -€11,550 | -97.1% |
| Remuneration, social security and pensions | 62 | €199,509 | €216,981 | +€17,471 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,484 | €17,004 | +€6,520 | +62.2% |
| Other operating charges | 640/8 | €2,630 | €9,332 | +€6,702 | +255% |
| Gross operating margin | 9900 | €242,679 | €289,045 | +€46,366 | +19.1% |
| Operating profit (loss) | 9901 | €30,056 | €45,728 | +€15,673 | +52.1% |
| Financial income | 75/76B | €49 | - | -€49 | |
| Recurring financial income | 75 | €49 | - | -€49 | |
| Financial charges | 65/66B | €3,290 | €8,124 | +€4,834 | +147% |
| Recurring financial charges | 65 | €3,290 | €8,124 | +€4,834 | +147% |
| Profit (loss) for the period before taxes | 9903 | €26,814 | €37,604 | +€10,790 | +40.2% |
| Income taxes | 67/77 | €4,000 | €7,924 | +€3,924 | +98.1% |
| Profit (loss) for the period | 9904 | €22,814 | €29,681 | +€6,866 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,814 | €29,681 | +€6,866 | +30.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.