EthosBridge: 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.
EthosBridge
Largest movements
- Receivables within one year +€9,005
up €9,005 (+80.1%), from €11,235 to €20,240
of which Trade receivables: +€6,512
- Cash -€4,967
down €4,967 (-71.8%), from €6,919 to €1,951
mainly Receivables within one year (-€9,005) and Trade debts (-€131)
- Reserves +€3,317
new in 2025: €3,317
- Tax, wage and social debts +€852
up €852 (+13.6%), from €6,259 to €7,111
- Gross operating margin -€2,877
down €2,877 (-37.3%), from €7,720 to €4,843
- Taxes -€483
down €483 (-22.4%), from €2,156 to €1,673
- Financial income +€223
up €223 (+112%), from €199 to €422
- Financial charges -€94
down €94 (-58.8%), from €160 to €66
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 | €18,154 | €22,192 | +€4,038 | +22.2% |
| Current assets | 29/58 | €18,154 | €22,192 | +€4,038 | +22.2% |
| Amounts receivable within one year | 40/41 | €11,235 | €20,240 | +€9,005 | +80.1% |
| Trade receivables | 40 | €4,670 | €11,182 | +€6,512 | +139% |
| Other amounts receivable | 41 | €6,566 | €9,058 | +€2,492 | +38.0% |
| Cash at bank and in hand | 54/58 | €6,919 | €1,951 | -€4,967 | -71.8% |
| Total equity and liabilities | 10/49 | €18,154 | €22,192 | +€4,038 | +22.2% |
| Equity | 10/15 | €11,515 | €14,832 | +€3,317 | +28.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €3,317 | +€3,317 | |
| Distributable reserves | 133 | - | €3,317 | +€3,317 | |
| Profit (loss) carried forward | 14 | €8,515 | €8,515 | = | 0.0% |
| Amounts payable | 17/49 | €6,639 | €7,360 | +€721 | +10.9% |
| Amounts payable within one year | 42/48 | €6,639 | €7,360 | +€721 | +10.9% |
| Trade debts | 44 | €380 | €249 | -€131 | -34.4% |
| Suppliers | 440/4 | €380 | €249 | -€131 | -34.4% |
| Taxes, remuneration and social security | 45 | €6,259 | €7,111 | +€852 | +13.6% |
| Taxes | 450/3 | €6,259 | €7,111 | +€852 | +13.6% |
| Other operating charges | 640/8 | €207 | €209 | +€2 | +1.0% |
| Gross operating margin | 9900 | €7,720 | €4,843 | -€2,877 | -37.3% |
| Operating profit (loss) | 9901 | €7,513 | €4,634 | -€2,879 | -38.3% |
| Financial income | 75/76B | €199 | €422 | +€223 | +112% |
| Recurring financial income | 75 | €199 | €422 | +€223 | +112% |
| Financial charges | 65/66B | €160 | €66 | -€94 | -58.8% |
| Recurring financial charges | 65 | €160 | €66 | -€94 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €7,552 | €4,990 | -€2,562 | -33.9% |
| Income taxes | 67/77 | €2,156 | €1,673 | -€483 | -22.4% |
| Profit (loss) for the period | 9904 | €5,395 | €3,317 | -€2,079 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,395 | €3,317 | -€2,079 | -38.5% |
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.