ETS ERNENS SPRL: 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.
ETS ERNENS SPRL
Largest movements
- Tangible fixed assets +€123,574
up €123,574 (+146%), from €84,840 to €208,414
of which Furniture and vehicles: +€121,852
- Receivables within one year -€38,485
down €38,485 (-43.3%), from €88,910 to €50,425
of which Trade receivables: -€44,503
- Other debts +€56,629
up €56,629 (+311%), from €18,214 to €74,843
- Reserves +€48,512
up €48,512 (+8.0%), from €605,937 to €654,449
- Tax, wage and social debts -€40,353
down €40,353 (-56.7%), from €71,196 to €30,843
of which Taxes: -€37,990
- Trade debts +€23,722
up €23,722 (+248%), from €9,581 to €33,303
- Gross operating margin -€108,518
down €108,518 (-27.4%), from €396,301 to €287,783
- Taxes -€49,849
down €49,849 (-58.7%), from €84,967 to €35,118
- Depreciation +€32,641
up €32,641 (+199%), from €16,418 to €49,059
- Write-downs +€6,241
up €6,241, from -€1,756 to €4,485
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 | €715,327 | €798,638 | +€83,311 | +11.6% |
| Fixed assets | 21/28 | €84,975 | €208,549 | +€123,574 | +145% |
| Tangible fixed assets | 22/27 | €84,840 | €208,414 | +€123,574 | +146% |
| Plant, machinery and equipment | 23 | €695 | €2,417 | +€1,722 | +248% |
| Furniture and vehicles | 24 | €84,145 | €205,996 | +€121,852 | +145% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €630,352 | €590,089 | -€40,263 | -6.4% |
| Stocks and contracts in progress | 3 | €68,860 | €64,556 | -€4,304 | -6.3% |
| Stocks | 30/36 | €68,860 | €64,556 | -€4,304 | -6.3% |
| Amounts receivable within one year | 40/41 | €88,910 | €50,425 | -€38,485 | -43.3% |
| Trade receivables | 40 | €88,786 | €44,283 | -€44,503 | -50.1% |
| Other amounts receivable | 41 | €124 | €6,142 | +€6,018 | +4,843% |
| Cash at bank and in hand | 54/58 | €471,085 | €473,775 | +€2,690 | +0.6% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,333 | -€164 | -10.9% |
| Total equity and liabilities | 10/49 | €715,327 | €798,638 | +€83,311 | +11.6% |
| Equity | 10/15 | €611,137 | €659,649 | +€48,512 | +7.9% |
| Contributions | 10/11 | €5,200 | €5,200 | = | 0.0% |
| Reserves | 13 | €605,937 | €654,449 | +€48,512 | +8.0% |
| Distributable reserves | 133 | €605,937 | €654,449 | +€48,512 | +8.0% |
| Amounts payable | 17/49 | €104,191 | €138,989 | +€34,799 | +33.4% |
| Amounts payable within one year | 42/48 | €98,991 | €138,989 | +€39,999 | +40.4% |
| Trade debts | 44 | €9,581 | €33,303 | +€23,722 | +248% |
| Suppliers | 440/4 | €9,581 | €33,303 | +€23,722 | +248% |
| Taxes, remuneration and social security | 45 | €71,196 | €30,843 | -€40,353 | -56.7% |
| Taxes | 450/3 | €60,749 | €22,759 | -€37,990 | -62.5% |
| Remuneration and social security | 454/9 | €10,447 | €8,084 | -€2,363 | -22.6% |
| Other amounts payable | 47/48 | €18,214 | €74,843 | +€56,629 | +311% |
| Accrued charges and deferred income | 492/3 | €5,200 | - | -€5,200 | |
| Remuneration, social security and pensions | 62 | €89,080 | €85,516 | -€3,564 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,418 | €49,059 | +€32,641 | +199% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,756 | €4,485 | +€6,241 | |
| Other operating charges | 640/8 | €20,238 | €19,398 | -€840 | -4.2% |
| Non-recurring operating charges | 66A | €357 | - | -€357 | |
| Gross operating margin | 9900 | €396,301 | €287,783 | -€108,518 | -27.4% |
| Operating profit (loss) | 9901 | €271,965 | €129,326 | -€142,639 | -52.4% |
| Financial income | 75/76B | €2,547 | €1,834 | -€712 | -28.0% |
| Recurring financial income | 75 | €2,547 | €1,834 | -€712 | -28.0% |
| Financial charges | 65/66B | €213 | €217 | +€4 | +1.9% |
| Recurring financial charges | 65 | €213 | €217 | +€4 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €274,298 | €130,943 | -€143,355 | -52.3% |
| Income taxes | 67/77 | €84,967 | €35,118 | -€49,849 | -58.7% |
| Profit (loss) for the period | 9904 | €189,332 | €95,825 | -€93,506 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €189,332 | €95,825 | -€93,506 | -49.4% |
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 25 October 2026 via checked.be.