ETERNAM: 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.
ETERNAM
Largest movements
- Cash +€7,049
up €7,049 (+12.8%), from €54,880 to €61,929
mainly Other debts (+€6,344) and Tax, wage and social debts (+€4,576)
- Profit (loss) carried forward -€7,519
down €7,519 (-5.7%), from -€131,712 to -€139,231
- Other debts +€6,344
up €6,344 (+3.6%), from €176,180 to €182,524
- Tax, wage and social debts +€4,576
up €4,576 (+2783.5%), from €164 to €4,740
- Trade debts +€3,799
up €3,799 (+84.0%), from €4,521 to €8,319
- Gross operating margin +€17,355
up €17,355 (+95.2%), from -€18,239 to -€884
- Depreciation -€4,121
down €4,121 (-96.1%), from €4,287 to €166
- Staff costs +€436
up €436 (+10.4%), from €4,185 to €4,621
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.
Cash bridge derived
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 | €57,213 | €64,412 | +€7,200 | +12.6% |
| Fixed assets | 21/28 | €441 | €275 | -€166 | -37.7% |
| Tangible fixed assets | 22/27 | €441 | €275 | -€166 | -37.7% |
| Furniture and vehicles | 24 | €41 | - | -€41 | |
| Other tangible fixed assets | 26 | €400 | €275 | -€125 | -31.3% |
| Current assets | 29/58 | €56,771 | €64,137 | +€7,366 | +13.0% |
| Amounts receivable within one year | 40/41 | €1,891 | €2,208 | +€317 | +16.7% |
| Trade receivables | 40 | €1,502 | €303 | -€1,199 | -79.9% |
| Other amounts receivable | 41 | €389 | €1,905 | +€1,516 | +389.4% |
| Cash at bank and in hand | 54/58 | €54,880 | €61,929 | +€7,049 | +12.8% |
| Total equity and liabilities | 10/49 | €57,213 | €64,412 | +€7,200 | +12.6% |
| Equity | 10/15 | -€123,652 | -€131,171 | -€7,519 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,712 | -€139,231 | -€7,519 | -5.7% |
| Amounts payable | 17/49 | €180,865 | €195,583 | +€14,719 | +8.1% |
| Amounts payable within one year | 42/48 | €180,865 | €195,583 | +€14,719 | +8.1% |
| Trade debts | 44 | €4,521 | €8,319 | +€3,799 | +84.0% |
| Suppliers | 440/4 | €4,521 | €8,319 | +€3,799 | +84.0% |
| Taxes, remuneration and social security | 45 | €164 | €4,740 | +€4,576 | +2783.5% |
| Taxes | 450/3 | €164 | €4,740 | +€4,576 | +2783.5% |
| Other amounts payable | 47/48 | €176,180 | €182,524 | +€6,344 | +3.6% |
| Remuneration, social security and pensions | 62 | €4,185 | €4,621 | +€436 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,287 | €166 | -€4,121 | -96.1% |
| Other operating charges | 640/8 | €1,365 | €1,534 | +€169 | +12.4% |
| Gross operating margin | 9900 | -€18,239 | -€884 | +€17,355 | +95.2% |
| Operating profit (loss) | 9901 | -€28,076 | -€7,206 | +€20,870 | +74.3% |
| Financial charges | 65/66B | €351 | €313 | -€37 | -10.6% |
| Recurring financial charges | 65 | €351 | €313 | -€37 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,427 | -€7,519 | +€20,907 | +73.5% |
| Income taxes | 67/77 | €164 | - | -€164 | |
| Profit (loss) for the period | 9904 | -€28,591 | -€7,519 | +€21,072 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,591 | -€7,519 | +€21,072 | +73.7% |
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 9 October 2026 via checked.be.