Eton: 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.
Eton
Largest movements
- Cash +€34,695
up €34,695 (+25.2%), from €137,416 to €172,112
mainly Net result for the year (+€45,976) and Other debts (+€39,094)
- Tangible fixed assets -€17,057
down €17,057 (-37.0%), from €46,107 to €29,051
of which Furniture and vehicles: -€15,794
- Receivables within one year +€16,594
up €16,594 (+427%), from €3,883 to €20,477
of which Trade receivables: +€17,987
- Other debts +€39,094
up €39,094 (+460%), from €8,504 to €47,598
- Tax, wage and social debts -€4,468
down €4,468 (-28.1%), from €15,897 to €11,429
- Gross operating margin -€11,461
down €11,461 (-13.4%), from €85,394 to €73,933
- Taxes -€7,692
down €7,692 (-38.3%), from €20,061 to €12,370
- Depreciation +€3,644
up €3,644 (+27.2%), from €13,413 to €17,057
- Financial charges +€3,149
up €3,149, from -€2,780 to €369
- Financial income +€2,458
up €2,458 (+602%), from €409 to €2,866
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 | €229,442 | €263,170 | +€33,727 | +14.7% |
| Fixed assets | 21/28 | €46,107 | €29,051 | -€17,057 | -37.0% |
| Tangible fixed assets | 22/27 | €46,107 | €29,051 | -€17,057 | -37.0% |
| Furniture and vehicles | 24 | €38,751 | €22,957 | -€15,794 | -40.8% |
| Other tangible fixed assets | 26 | €7,357 | €6,094 | -€1,263 | -17.2% |
| Current assets | 29/58 | €183,335 | €234,119 | +€50,784 | +27.7% |
| Amounts receivable within one year | 40/41 | €3,883 | €20,477 | +€16,594 | +427% |
| Trade receivables | 40 | €0 | €17,987 | +€17,987 | |
| Other amounts receivable | 41 | €3,883 | €2,490 | -€1,393 | -35.9% |
| Current investments | 50/53 | €40,294 | €40,177 | -€117 | -0.3% |
| Cash at bank and in hand | 54/58 | €137,416 | €172,112 | +€34,695 | +25.2% |
| Deferred charges and accrued income | 490/1 | €1,741 | €1,353 | -€388 | -22.3% |
| Total equity and liabilities | 10/49 | €229,442 | €263,170 | +€33,727 | +14.7% |
| Equity | 10/15 | €202,762 | €202,762 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €197,762 | €197,762 | = | 0.0% |
| Distributable reserves | 133 | €197,762 | €197,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,680 | €60,407 | +€33,727 | +126% |
| Amounts payable within one year | 42/48 | €26,581 | €60,307 | +€33,726 | +127% |
| Trade debts | 44 | €2,179 | €1,280 | -€900 | -41.3% |
| Suppliers | 440/4 | €2,179 | €1,280 | -€900 | -41.3% |
| Taxes, remuneration and social security | 45 | €15,897 | €11,429 | -€4,468 | -28.1% |
| Taxes | 450/3 | €15,897 | €11,429 | -€4,468 | -28.1% |
| Other amounts payable | 47/48 | €8,504 | €47,598 | +€39,094 | +460% |
| Accrued charges and deferred income | 492/3 | €100 | €101 | +€1 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,413 | €17,057 | +€3,644 | +27.2% |
| Other operating charges | 640/8 | €658 | €1,027 | +€369 | +56.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €85,394 | €73,933 | -€11,461 | -13.4% |
| Operating profit (loss) | 9901 | €71,323 | €55,849 | -€15,474 | -21.7% |
| Financial income | 75/76B | €409 | €2,866 | +€2,458 | +602% |
| Recurring financial income | 75 | €409 | €2,866 | +€2,458 | +602% |
| Financial charges | 65/66B | -€2,780 | €369 | +€3,149 | |
| Recurring financial charges | 65 | -€2,780 | €369 | +€3,149 | |
| Profit (loss) for the period before taxes | 9903 | €74,512 | €58,346 | -€16,165 | -21.7% |
| Income taxes | 67/77 | €20,061 | €12,370 | -€7,692 | -38.3% |
| Profit (loss) for the period | 9904 | €54,450 | €45,976 | -€8,474 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,450 | €45,976 | -€8,474 | -15.6% |
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.