Ether8: what changed
Two fiscal 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.
Ether8
Largest movements
- Cash -€576
down €576 (-55.7%), from €1,033 to €457
mainly Net result for the year (-€1,432)
- Intangible fixed assets -€400
down €400 (-32.4%), from €1,233 to €833
- Receivables within one year -€56
down €56 (-69.6%), from €81 to €25
- Profit (loss) carried forward -€1,432
down €1,432 (-32.7%), from -€4,378 to -€5,810
- Trade debts +€400
new in 2025: €400
- Other operating charges +€16
up €16 (+2.9%), from €569 to €585
- Gross operating margin -€7
down €7 (-1.7%), from -€386 to -€392
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 | €2,347 | €1,315 | -€1,032 | -44.0% |
| Fixed assets | 21/28 | €1,233 | €833 | -€400 | -32.4% |
| Intangible fixed assets | 21 | €1,233 | €833 | -€400 | -32.4% |
| Current assets | 29/58 | €1,114 | €482 | -€632 | -56.7% |
| Amounts receivable within one year | 40/41 | €81 | €25 | -€56 | -69.6% |
| Other amounts receivable | 41 | €81 | €25 | -€56 | -69.6% |
| Cash at bank and in hand | 54/58 | €1,033 | €457 | -€576 | -55.7% |
| Total equity and liabilities | 10/49 | €2,347 | €1,315 | -€1,032 | -44.0% |
| Equity | 10/15 | -€2,378 | -€3,810 | -€1,432 | -60.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,378 | -€5,810 | -€1,432 | -32.7% |
| Amounts payable | 17/49 | €4,725 | €5,125 | +€400 | +8.5% |
| Amounts payable within one year | 42/48 | €4,725 | €5,125 | +€400 | +8.5% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,725 | €4,725 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€386 | -€392 | -€7 | -1.7% |
| Operating profit (loss) | 9901 | -€1,355 | -€1,378 | -€23 | -1.7% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,409 | -€1,432 | -€23 | -1.6% |
| Profit (loss) for the period | 9904 | -€1,409 | -€1,432 | -€23 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,409 | -€1,432 | -€23 | -1.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.