ETNA IT: 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.
ETNA IT
Largest movements
- Cash +€9,138
up €9,138 (+5.7%), from €160,182 to €169,321
mainly Net result for the year (+€50,299) and Other debts (+€26,591)
- Receivables within one year +€2,552
up €2,552 (+18.0%), from €14,175 to €16,727
of which Trade receivables: +€1,463
- Other debts +€26,591
up €26,591 (+18.7%), from €142,388 to €168,978
- Tax, wage and social debts -€20,642
down €20,642 (-67.8%), from €30,427 to €9,785
- Profit (loss) carried forward +€5,299
up €5,299 (+1235.3%), from €429 to €5,727
- Gross operating margin -€3,823
down €3,823 (-5.5%), from €69,321 to €65,498
- Taxes -€759
down €759 (-5.2%), from €14,670 to €13,911
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 | €178,351 | €189,738 | +€11,387 | +6.4% |
| Fixed assets | 21/28 | €1,065 | €639 | -€426 | -40.0% |
| Tangible fixed assets | 22/27 | €1,065 | €639 | -€426 | -40.0% |
| Furniture and vehicles | 24 | €1,065 | €639 | -€426 | -40.0% |
| Current assets | 29/58 | €177,286 | €189,099 | +€11,813 | +6.7% |
| Amounts receivable within one year | 40/41 | €14,175 | €16,727 | +€2,552 | +18.0% |
| Trade receivables | 40 | €14,175 | €15,638 | +€1,463 | +10.3% |
| Other amounts receivable | 41 | - | €1,089 | +€1,089 | |
| Cash at bank and in hand | 54/58 | €160,182 | €169,321 | +€9,138 | +5.7% |
| Deferred charges and accrued income | 490/1 | €2,928 | €3,052 | +€123 | +4.2% |
| Total equity and liabilities | 10/49 | €178,351 | €189,738 | +€11,387 | +6.4% |
| Equity | 10/15 | €3,429 | €8,727 | +€5,299 | +154.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €429 | €5,727 | +€5,299 | +1235.3% |
| Amounts payable | 17/49 | €174,922 | €181,011 | +€6,089 | +3.5% |
| Amounts payable within one year | 42/48 | €174,922 | €181,011 | +€6,089 | +3.5% |
| Trade debts | 44 | €2,108 | €2,248 | +€140 | +6.7% |
| Suppliers | 440/4 | €2,108 | €2,248 | +€140 | +6.7% |
| Taxes, remuneration and social security | 45 | €30,427 | €9,785 | -€20,642 | -67.8% |
| Taxes | 450/3 | €30,427 | €9,785 | -€20,642 | -67.8% |
| Other amounts payable | 47/48 | €142,388 | €168,978 | +€26,591 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213 | €426 | +€213 | +100.0% |
| Other operating charges | 640/8 | €519 | €531 | +€12 | +2.3% |
| Non-recurring operating charges | 66A | €58 | €169 | +€111 | +192.1% |
| Gross operating margin | 9900 | €69,321 | €65,498 | -€3,823 | -5.5% |
| Operating profit (loss) | 9901 | €68,531 | €64,372 | -€4,160 | -6.1% |
| Financial income | 75/76B | €5 | €66 | +€61 | +1224.3% |
| Recurring financial income | 75 | €5 | €66 | +€61 | +1224.3% |
| Financial charges | 65/66B | €211 | €228 | +€17 | +8.3% |
| Recurring financial charges | 65 | €211 | €228 | +€17 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €68,325 | €64,210 | -€4,116 | -6.0% |
| Income taxes | 67/77 | €14,670 | €13,911 | -€759 | -5.2% |
| Profit (loss) for the period | 9904 | €53,655 | €50,299 | -€3,356 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,655 | €50,299 | -€3,356 | -6.3% |
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 7 October 2026 via checked.be.