Eternagy: 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.
Eternagy
Largest movements
- Cash +€67,321
up €67,321 (+65.9%), from €102,196 to €169,517
mainly Receivables within one year (+€42,229) and Net result for the year (+€26,309)
- Receivables within one year -€42,229
down €42,229 (-55.1%), from €76,579 to €34,350
of which Trade receivables: -€43,173
- Tangible fixed assets -€2,936
down €2,936 (-5.2%), from €56,516 to €53,580
of which Land and buildings: -€5,650
- Reserves +€26,309
up €26,309 (+27.0%), from €97,338 to €123,648
- Trade debts +€15,801
up €15,801 (+375.1%), from €4,213 to €20,014
- Tax, wage and social debts -€9,290
down €9,290 (-38.3%), from €24,263 to €14,973
- Accrued charges and deferred income -€7,131
no longer reported in 2025 (was €7,131)
- Debts after one year -€5,024
down €5,024 (-9.6%), from €52,334 to €47,310
- Gross operating margin -€59,131
down €59,131 (-53.4%), from €110,663 to €51,533
- Taxes -€15,010
down €15,010 (-52.3%), from €28,698 to €13,688
- Depreciation -€8,433
down €8,433 (-45.6%), from €18,489 to €10,055
- Financial charges -€3,287
down €3,287 (-69.0%), from €4,764 to €1,477
- Other operating charges -€1,227
down €1,227 (-54.3%), from €2,261 to €1,034
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 | €240,385 | €260,387 | +€20,002 | +8.3% |
| Fixed assets | 21/28 | €56,516 | €53,580 | -€2,936 | -5.2% |
| Tangible fixed assets | 22/27 | €56,516 | €53,580 | -€2,936 | -5.2% |
| Land and buildings | 22 | €49,376 | €43,726 | -€5,650 | -11.4% |
| Furniture and vehicles | 24 | €7,140 | €9,854 | +€2,714 | +38.0% |
| Current assets | 29/58 | €183,869 | €206,807 | +€22,938 | +12.5% |
| Amounts receivable within one year | 40/41 | €76,579 | €34,350 | -€42,229 | -55.1% |
| Trade receivables | 40 | €76,572 | €33,399 | -€43,173 | -56.4% |
| Other amounts receivable | 41 | €8 | €951 | +€944 | +12145.3% |
| Cash at bank and in hand | 54/58 | €102,196 | €169,517 | +€67,321 | +65.9% |
| Deferred charges and accrued income | 490/1 | €5,094 | €2,940 | -€2,154 | -42.3% |
| Total equity and liabilities | 10/49 | €240,385 | €260,387 | +€20,002 | +8.3% |
| Equity | 10/15 | €115,938 | €142,248 | +€26,309 | +22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,338 | €123,648 | +€26,309 | +27.0% |
| Distributable reserves | 133 | €97,338 | €123,648 | +€26,309 | +27.0% |
| Amounts payable | 17/49 | €124,447 | €118,140 | -€6,307 | -5.1% |
| Amounts payable after more than one year | 17 | €52,334 | €47,310 | -€5,024 | -9.6% |
| Financial debts | 170/4 | €52,334 | €47,310 | -€5,024 | -9.6% |
| Amounts payable within one year | 42/48 | €64,982 | €70,830 | +€5,848 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €5,024 | €5,024 | = | 0.0% |
| Trade debts | 44 | €4,213 | €20,014 | +€15,801 | +375.1% |
| Suppliers | 440/4 | €4,213 | €20,014 | +€15,801 | +375.1% |
| Taxes, remuneration and social security | 45 | €24,263 | €14,973 | -€9,290 | -38.3% |
| Taxes | 450/3 | €24,263 | €14,973 | -€9,290 | -38.3% |
| Other amounts payable | 47/48 | €31,482 | €30,819 | -€663 | -2.1% |
| Accrued charges and deferred income | 492/3 | €7,131 | - | -€7,131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,489 | €10,055 | -€8,433 | -45.6% |
| Other operating charges | 640/8 | €2,261 | €1,034 | -€1,227 | -54.3% |
| Gross operating margin | 9900 | €110,663 | €51,533 | -€59,131 | -53.4% |
| Operating profit (loss) | 9901 | €89,913 | €40,443 | -€49,470 | -55.0% |
| Financial income | 75/76B | €1,110 | €1,032 | -€78 | -7.1% |
| Recurring financial income | 75 | €1,110 | €1,032 | -€78 | -7.1% |
| Financial charges | 65/66B | €4,764 | €1,477 | -€3,287 | -69.0% |
| Recurring financial charges | 65 | €4,764 | €1,477 | -€3,287 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | €86,259 | €39,997 | -€46,262 | -53.6% |
| Income taxes | 67/77 | €28,698 | €13,688 | -€15,010 | -52.3% |
| Profit (loss) for the period | 9904 | €57,561 | €26,309 | -€31,252 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,561 | €26,309 | -€31,252 | -54.3% |
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 12 October 2026 via checked.be.