ETKA: 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.
ETKA
Largest movements
- Receivables within one year +€128,304
up €128,304 (+153.3%), from €83,708 to €212,012
of which Trade receivables: +€134,058
- Receivables after one year +€47,811
new in 2024: €47,811
- Tangible fixed assets +€15,080
up €15,080 (+97.1%), from €15,534 to €30,614
of which Furniture and vehicles: +€12,205
- Cash -€6,821
down €6,821 (-38.9%), from €17,524 to €10,703
mainly Receivables within one year (-€128,304) and Receivables after one year (-€47,811)
- Profit (loss) carried forward +€116,323
up €116,323 (+309.3%), from €37,607 to €153,930
- Trade debts +€52,747
up €52,747 (+127.7%), from €41,300 to €94,047
- Tax, wage and social debts +€13,734
up €13,734 (+41.0%), from €33,518 to €47,251
of which Taxes: +€27,133
- Gross operating margin +€175,353
up €175,353 (+132.1%), from €132,715 to €308,067
- Staff costs +€89,827
up €89,827 (+163.7%), from €54,877 to €144,704
- Taxes +€25,239
up €25,239 (+359.7%), from €7,016 to €32,255
- Depreciation +€5,901
up €5,901 (+89.6%), from €6,582 to €12,483
- Other operating charges -€3,827
down €3,827 (-66.0%), from €5,800 to €1,972
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 | €127,425 | €310,228 | +€182,804 | +143.5% |
| Fixed assets | 21/28 | €17,484 | €32,564 | +€15,080 | +86.3% |
| Tangible fixed assets | 22/27 | €15,534 | €30,614 | +€15,080 | +97.1% |
| Plant, machinery and equipment | 23 | €12,685 | €7,239 | -€5,446 | -42.9% |
| Furniture and vehicles | 24 | €2,848 | €15,054 | +€12,205 | +428.5% |
| Other tangible fixed assets | 26 | - | €8,321 | +€8,321 | |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €109,941 | €277,664 | +€167,723 | +152.6% |
| Amounts receivable after more than one year | 29 | - | €47,811 | +€47,811 | |
| Other amounts receivable | 291 | - | €47,811 | +€47,811 | |
| Stocks and contracts in progress | 3 | €6,920 | €6,920 | = | 0.0% |
| Stocks | 30/36 | €6,920 | €6,920 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,708 | €212,012 | +€128,304 | +153.3% |
| Trade receivables | 40 | - | €134,058 | +€134,058 | |
| Other amounts receivable | 41 | €83,708 | €77,954 | -€5,754 | -6.9% |
| Cash at bank and in hand | 54/58 | €17,524 | €10,703 | -€6,821 | -38.9% |
| Deferred charges and accrued income | 490/1 | €1,788 | €218 | -€1,570 | -87.8% |
| Total equity and liabilities | 10/49 | €127,425 | €310,228 | +€182,804 | +143.5% |
| Equity | 10/15 | €52,607 | €168,930 | +€116,323 | +221.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,607 | €153,930 | +€116,323 | +309.3% |
| Amounts payable | 17/49 | €74,818 | €141,298 | +€66,480 | +88.9% |
| Amounts payable within one year | 42/48 | €74,818 | €141,298 | +€66,480 | +88.9% |
| Trade debts | 44 | €41,300 | €94,047 | +€52,747 | +127.7% |
| Suppliers | 440/4 | €41,300 | €94,047 | +€52,747 | +127.7% |
| Taxes, remuneration and social security | 45 | €33,518 | €47,251 | +€13,734 | +41.0% |
| Taxes | 450/3 | €12,138 | €39,271 | +€27,133 | +223.5% |
| Remuneration and social security | 454/9 | €21,380 | €7,981 | -€13,399 | -62.7% |
| Remuneration, social security and pensions | 62 | €54,877 | €144,704 | +€89,827 | +163.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,582 | €12,483 | +€5,901 | +89.6% |
| Other operating charges | 640/8 | €5,800 | €1,972 | -€3,827 | -66.0% |
| Gross operating margin | 9900 | €132,715 | €308,067 | +€175,353 | +132.1% |
| Operating profit (loss) | 9901 | €65,456 | €148,908 | +€83,452 | +127.5% |
| Financial income | 75/76B | €1,130 | €3 | -€1,127 | -99.7% |
| Recurring financial income | 75 | €1,130 | €3 | -€1,127 | -99.7% |
| Financial charges | 65/66B | €470 | €333 | -€137 | -29.1% |
| Recurring financial charges | 65 | €470 | €333 | -€137 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €66,115 | €148,578 | +€82,462 | +124.7% |
| Income taxes | 67/77 | €7,016 | €32,255 | +€25,239 | +359.7% |
| Profit (loss) for the period | 9904 | €59,099 | €116,323 | +€57,224 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,099 | €116,323 | +€57,224 | +96.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.