ETIENNE HOME: what changed
ETIENNE HOME
Largest movements
- Cash -€52,126
down €52,126 (-79.6%), from €65,469 to €13,343
mainly Stocks and contracts (-€45,747) and Advances received (-€26,312)
- Stocks and contracts +€45,747
up €45,747 (+19.2%), from €238,258 to €284,004
- Receivables within one year +€18,383
up €18,383 (+64.7%), from €28,406 to €46,789
of which Other amounts receivable: +€12,393
- Tangible fixed assets -€7,287
down €7,287 (-16.4%), from €44,551 to €37,264
of which Plant, machinery and equipment: -€7,053
- Trade debts +€40,234
up €40,234 (+632%), from €6,368 to €46,602
- Advances received -€26,312
no longer reported in 2025 (was €26,312)
- Tax, wage and social debts -€21,142
down €21,142 (-39.2%), from €54,002 to €32,860
of which Remuneration and social security: -€16,202
- Profit (loss) carried forward +€11,378
up €11,378 (+104%), from €10,987 to €22,365
- Staff costs -€17,832
down €17,832 (-21.3%), from €83,731 to €65,899
- Gross operating margin -€16,883
down €16,883 (-14.9%), from €113,558 to €96,675
- Other operating charges +€13,337
up €13,337 (+1,252%), from €1,065 to €14,402
- Financial charges -€7,437
down €7,437 (-71.7%), from €10,379 to €2,942
- Financial income -€5,402
down €5,402 (-37.8%), from €14,304 to €8,903
of which Financial income: -€14,173
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €382,339 | €384,949 | +€2,610 | +0.7% |
| Fixed assets | 21/28 | €44,551 | €37,264 | -€7,287 | -16.4% |
| Tangible fixed assets | 22/27 | €44,551 | €37,264 | -€7,287 | -16.4% |
| Plant, machinery and equipment | 23 | €44,127 | €37,074 | -€7,053 | -16.0% |
| Furniture and vehicles | 24 | €424 | €190 | -€234 | -55.2% |
| Current assets | 29/58 | €337,788 | €347,685 | +€9,897 | +2.9% |
| Stocks and contracts in progress | 3 | €238,258 | €284,004 | +€45,747 | +19.2% |
| Stocks | 30/36 | €238,258 | €284,004 | +€45,747 | +19.2% |
| Amounts receivable within one year | 40/41 | €28,406 | €46,789 | +€18,383 | +64.7% |
| Trade receivables | 40 | €27,469 | €33,459 | +€5,990 | +21.8% |
| Other amounts receivable | 41 | €937 | €13,330 | +€12,393 | +1,323% |
| Cash at bank and in hand | 54/58 | €65,469 | €13,343 | -€52,126 | -79.6% |
| Deferred charges and accrued income | 490/1 | €5,655 | €3,549 | -€2,107 | -37.2% |
| Total equity and liabilities | 10/49 | €382,339 | €384,949 | +€2,610 | +0.7% |
| Equity | 10/15 | €40,987 | €52,365 | +€11,378 | +27.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,987 | €22,365 | +€11,378 | +104% |
| Amounts payable | 17/49 | €341,352 | €332,584 | -€8,768 | -2.6% |
| Amounts payable after more than one year | 17 | €143,000 | €143,000 | = | 0.0% |
| Financial debts | 170/4 | €143,000 | €143,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €198,352 | €189,584 | -€8,768 | -4.4% |
| Trade debts | 44 | €6,368 | €46,602 | +€40,234 | +632% |
| Suppliers | 440/4 | €6,368 | €46,602 | +€40,234 | +632% |
| Advances received on contracts in progress | 46 | €26,312 | - | -€26,312 | |
| Taxes, remuneration and social security | 45 | €54,002 | €32,860 | -€21,142 | -39.2% |
| Taxes | 450/3 | €26,490 | €21,551 | -€4,940 | -18.6% |
| Remuneration and social security | 454/9 | €27,512 | €11,309 | -€16,202 | -58.9% |
| Other amounts payable | 47/48 | €111,670 | €110,122 | -€1,548 | -1.4% |
| Remuneration, social security and pensions | 62 | €83,731 | €65,899 | -€17,832 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,287 | €7,287 | = | 0.0% |
| Other operating charges | 640/8 | €1,065 | €14,402 | +€13,337 | +1,252% |
| Gross operating margin | 9900 | €113,558 | €96,675 | -€16,883 | -14.9% |
| Operating profit (loss) | 9901 | €21,475 | €9,087 | -€12,389 | -57.7% |
| Financial income | 75/76B | €14,304 | €8,903 | -€5,402 | -37.8% |
| Recurring financial income | 75 | €14,304 | €131 | -€14,173 | -99.1% |
| Non-recurring financial income | 76B | - | €8,771 | +€8,771 | |
| Financial charges | 65/66B | €10,379 | €2,942 | -€7,437 | -71.7% |
| Recurring financial charges | 65 | €10,379 | €2,942 | -€7,437 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | €25,401 | €15,047 | -€10,353 | -40.8% |
| Income taxes | 67/77 | - | €3,669 | +€3,669 | |
| Profit (loss) for the period | 9904 | €25,401 | €11,378 | -€14,023 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,401 | €11,378 | -€14,023 | -55.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.