ETOSHA-EVENTS: 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.
ETOSHA-EVENTS
Largest movements
- Cash +€55,582
up €55,582 (+310%), from €17,949 to €73,531
mainly Net result for the year (+€58,248) and Other debts (+€56,366)
- Receivables within one year +€4,015
up €4,015 (+6.0%), from €66,704 to €70,719
of which Trade receivables: +€13,785
- Tangible fixed assets -€3,342
down €3,342 (-24.3%), from €13,758 to €10,417
- Other debts +€56,366
up €56,366 (+939%), from €6,000 to €62,366
- Reserves +€2,248
up €2,248 (+2.7%), from €83,919 to €86,167
of which Distributable reserves: +€2,248
- Gross operating margin +€7,438
up €7,438 (+13.4%), from €55,324 to €62,761
- Depreciation -€2,124
down €2,124 (-38.9%), from €5,465 to €3,342
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.
Derived cash bridge
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 | €98,412 | €154,667 | +€56,255 | +57.2% |
| Fixed assets | 21/28 | €13,758 | €10,417 | -€3,342 | -24.3% |
| Tangible fixed assets | 22/27 | €13,758 | €10,417 | -€3,342 | -24.3% |
| Plant, machinery and equipment | 23 | €13,758 | €10,417 | -€3,342 | -24.3% |
| Current assets | 29/58 | €84,653 | €144,250 | +€59,596 | +70.4% |
| Amounts receivable within one year | 40/41 | €66,704 | €70,719 | +€4,015 | +6.0% |
| Trade receivables | 40 | €52,320 | €66,105 | +€13,785 | +26.3% |
| Other amounts receivable | 41 | €14,384 | €4,614 | -€9,771 | -67.9% |
| Cash at bank and in hand | 54/58 | €17,949 | €73,531 | +€55,582 | +310% |
| Total equity and liabilities | 10/49 | €98,412 | €154,667 | +€56,255 | +57.2% |
| Equity | 10/15 | €90,052 | €92,301 | +€2,248 | +2.5% |
| Contributions | 10/11 | €6,134 | €6,134 | = | 0.0% |
| Reserves | 13 | €83,919 | €86,167 | +€2,248 | +2.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €82,059 | €84,307 | +€2,248 | +2.7% |
| Amounts payable | 17/49 | €8,359 | €62,366 | +€54,007 | +646% |
| Amounts payable within one year | 42/48 | €8,359 | €62,366 | +€54,007 | +646% |
| Trade debts | 44 | €1,074 | - | -€1,074 | |
| Suppliers | 440/4 | €1,074 | - | -€1,074 | |
| Taxes, remuneration and social security | 45 | €1,285 | - | -€1,285 | |
| Taxes | 450/3 | €1,285 | - | -€1,285 | |
| Other amounts payable | 47/48 | €6,000 | €62,366 | +€56,366 | +939% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,465 | €3,342 | -€2,124 | -38.9% |
| Other operating charges | 640/8 | €446 | €419 | -€27 | -6.1% |
| Gross operating margin | 9900 | €55,324 | €62,761 | +€7,438 | +13.4% |
| Operating profit (loss) | 9901 | €49,412 | €59,001 | +€9,588 | +19.4% |
| Financial income | 75/76B | €191 | - | -€191 | |
| Recurring financial income | 75 | €191 | - | -€191 | |
| Financial charges | 65/66B | €181 | €752 | +€571 | +315% |
| Recurring financial charges | 65 | €181 | €752 | +€571 | +315% |
| Profit (loss) for the period before taxes | 9903 | €49,422 | €58,248 | +€8,826 | +17.9% |
| Profit (loss) for the period | 9904 | €49,422 | €58,248 | +€8,826 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,422 | €58,248 | +€8,826 | +17.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.