ETOL HYGIENE: 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.
ETOL HYGIENE
Largest movements
- Receivables within one year -€8,040
down €8,040 (-30.4%), from €26,432 to €18,392
of which Trade receivables: -€8,040
- Cash +€6,068
up €6,068 (+236%), from €2,570 to €8,638
mainly Receivables within one year (+€8,040) and Debts after one year (+€2,988)
- Tangible fixed assets -€5,108
down €5,108 (-52.7%), from €9,701 to €4,593
- Deferred charges and accrued income -€2,288
down €2,288 (-45.4%), from €5,043 to €2,755
- Profit (loss) carried forward -€4,961
down €4,961 (-50.5%), from -€9,821 to -€14,782
- Trade debts -€4,958
down €4,958 (-20.1%), from €24,665 to €19,707
- Debts after one year +€2,988
up €2,988 (+193%), from €1,550 to €4,538
- Tax, wage and social debts -€2,679
down €2,679 (-20.1%), from €13,347 to €10,669
of which Remuneration and social security: -€3,186
- Staff costs +€4,933
up €4,933 (+13.7%), from €36,026 to €40,959
- Depreciation -€3,037
down €3,037 (-50.8%), from €5,982 to €2,945
- Gross operating margin -€2,671
down €2,671 (-5.8%), from €45,679 to €43,008
- Other operating charges -€820
down €820 (-20.2%), from €4,059 to €3,239
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 | €48,341 | €38,786 | -€9,556 | -19.8% |
| Fixed assets | 21/28 | €9,701 | €4,593 | -€5,108 | -52.7% |
| Tangible fixed assets | 22/27 | €9,701 | €4,593 | -€5,108 | -52.7% |
| Plant, machinery and equipment | 23 | €359 | - | -€359 | |
| Furniture and vehicles | 24 | €6,822 | €4,593 | -€2,230 | -32.7% |
| Other tangible fixed assets | 26 | €2,519 | - | -€2,519 | |
| Current assets | 29/58 | €38,641 | €34,193 | -€4,448 | -11.5% |
| Stocks and contracts in progress | 3 | €4,595 | €4,408 | -€187 | -4.1% |
| Stocks | 30/36 | €4,595 | €4,408 | -€187 | -4.1% |
| Amounts receivable within one year | 40/41 | €26,432 | €18,392 | -€8,040 | -30.4% |
| Trade receivables | 40 | €26,432 | €18,392 | -€8,040 | -30.4% |
| Other amounts receivable | 41 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €2,570 | €8,638 | +€6,068 | +236% |
| Deferred charges and accrued income | 490/1 | €5,043 | €2,755 | -€2,288 | -45.4% |
| Total equity and liabilities | 10/49 | €48,341 | €38,786 | -€9,556 | -19.8% |
| Equity | 10/15 | €8,779 | €3,818 | -€4,961 | -56.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,821 | -€14,782 | -€4,961 | -50.5% |
| Amounts payable | 17/49 | €39,563 | €34,968 | -€4,595 | -11.6% |
| Amounts payable after more than one year | 17 | €1,550 | €4,538 | +€2,988 | +193% |
| Other amounts payable | 178/9 | €1,550 | €4,538 | +€2,988 | +193% |
| Amounts payable within one year | 42/48 | €38,013 | €30,376 | -€7,637 | -20.1% |
| Trade debts | 44 | €24,665 | €19,707 | -€4,958 | -20.1% |
| Suppliers | 440/4 | €24,665 | €19,707 | -€4,958 | -20.1% |
| Taxes, remuneration and social security | 45 | €13,347 | €10,669 | -€2,679 | -20.1% |
| Taxes | 450/3 | €3,779 | €4,287 | +€507 | +13.4% |
| Remuneration and social security | 454/9 | €9,568 | €6,382 | -€3,186 | -33.3% |
| Accrued charges and deferred income | 492/3 | - | €54 | +€54 | |
| Remuneration, social security and pensions | 62 | €36,026 | €40,959 | +€4,933 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,982 | €2,945 | -€3,037 | -50.8% |
| Other operating charges | 640/8 | €4,059 | €3,239 | -€820 | -20.2% |
| Non-recurring operating charges | 66A | - | €53 | +€53 | |
| Gross operating margin | 9900 | €45,679 | €43,008 | -€2,671 | -5.8% |
| Operating profit (loss) | 9901 | -€389 | -€4,188 | -€3,800 | -978% |
| Financial income | 75/76B | €28 | €43 | +€15 | +55.0% |
| Recurring financial income | 75 | €28 | €43 | +€15 | +55.0% |
| Financial charges | 65/66B | €1,259 | €816 | -€443 | -35.2% |
| Recurring financial charges | 65 | €1,259 | €816 | -€443 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,619 | -€4,961 | -€3,341 | -206% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +20.0% |
| Profit (loss) for the period | 9904 | -€1,620 | -€4,961 | -€3,341 | -206% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,620 | -€4,961 | -€3,341 | -206% |
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 21 October 2026 via checked.be.