ETRE SOI: 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.
ETRE SOI
Largest movements
- Receivables within one year +€1,344
up €1,344 (+401.2%), from €335 to €1,679
- Deferred charges and accrued income -€693
down €693 (-90.4%), from €766 to €73
- Cash +€236
up €236 (+45.7%), from €518 to €754
mainly Net result for the year (+€17,987) and Deferred charges and accrued income (+€693)
- Profit (loss) carried forward +€17,987
up €17,987 (+24.3%), from -€74,006 to -€56,018
- Other debts -€14,092
down €14,092 (-24.4%), from €57,718 to €43,626
- Trade debts -€3,502
down €3,502 (-54.9%), from €6,373 to €2,871
- Tax, wage and social debts +€495
up €495 (+32.3%), from €1,533 to €2,028
of which Taxes: +€252
- Gross operating margin +€20,440
up €20,440, from -€205 to €20,234
- Other operating charges -€449
down €449 (-19.9%), from €2,254 to €1,806
- Staff costs -€361
no longer reported in 2025 (was €361)
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 | €1,619 | €2,506 | +€888 | +54.8% |
| Current assets | 29/58 | €1,619 | €2,506 | +€888 | +54.8% |
| Amounts receivable within one year | 40/41 | €335 | €1,679 | +€1,344 | +401.2% |
| Trade receivables | 40 | €335 | €1,679 | +€1,344 | +401.2% |
| Cash at bank and in hand | 54/58 | €518 | €754 | +€236 | +45.7% |
| Deferred charges and accrued income | 490/1 | €766 | €73 | -€693 | -90.4% |
| Total equity and liabilities | 10/49 | €1,619 | €2,506 | +€888 | +54.8% |
| Equity | 10/15 | -€64,006 | -€46,018 | +€17,987 | +28.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,006 | -€56,018 | +€17,987 | +24.3% |
| Amounts payable | 17/49 | €65,624 | €48,525 | -€17,100 | -26.1% |
| Amounts payable within one year | 42/48 | €65,624 | €48,525 | -€17,100 | -26.1% |
| Trade debts | 44 | €6,373 | €2,871 | -€3,502 | -54.9% |
| Suppliers | 440/4 | €6,373 | €2,871 | -€3,502 | -54.9% |
| Taxes, remuneration and social security | 45 | €1,533 | €2,028 | +€495 | +32.3% |
| Taxes | 450/3 | €1,533 | €1,785 | +€252 | +16.5% |
| Remuneration and social security | 454/9 | - | €243 | +€243 | |
| Other amounts payable | 47/48 | €57,718 | €43,626 | -€14,092 | -24.4% |
| Remuneration, social security and pensions | 62 | €361 | - | -€361 | |
| Other operating charges | 640/8 | €2,254 | €1,806 | -€449 | -19.9% |
| Gross operating margin | 9900 | -€205 | €20,234 | +€20,440 | |
| Operating profit (loss) | 9901 | -€2,821 | €18,428 | +€21,250 | |
| Financial income | 75/76B | €160 | €2 | -€159 | -99.1% |
| Recurring financial income | 75 | €160 | €2 | -€159 | -99.1% |
| Financial charges | 65/66B | €449 | €406 | -€43 | -9.7% |
| Recurring financial charges | 65 | €449 | €406 | -€43 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,110 | €18,024 | +€21,134 | |
| Income taxes | 67/77 | €128 | €37 | -€91 | -71.1% |
| Profit (loss) for the period | 9904 | -€3,238 | €17,987 | +€21,225 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,238 | €17,987 | +€21,225 |
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 8 October 2026 via checked.be.