ETTA Enterprise: 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.
ETTA Enterprise
Largest movements
- Tangible fixed assets +€11,383
up €11,383 (+19.8%), from €57,533 to €68,916
of which Other tangible fixed assets: +€12,018
- Receivables within one year -€2,839
down €2,839 (-38.7%), from €7,338 to €4,500
of which Trade receivables: -€1,455
- Cash +€2,030
up €2,030 (+151.2%), from €1,343 to €3,373
mainly Other debts (+€8,567) and Depreciation (+€7,515)
- Other debts +€8,567
up €8,567 (+8.1%), from €105,347 to €113,914
- Profit (loss) carried forward +€6,077
up €6,077 (+13.3%), from -€45,531 to -€39,454
- Trade debts -€3,599
down €3,599 (-67.2%), from €5,355 to €1,757
- Gross operating margin +€53,761
up €53,761, from -€39,703 to €14,057
- Depreciation +€2,120
up €2,120 (+39.3%), from €5,395 to €7,515
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 | €67,672 | €78,857 | +€11,185 | +16.5% |
| Fixed assets | 21/28 | €57,533 | €68,916 | +€11,383 | +19.8% |
| Tangible fixed assets | 22/27 | €57,533 | €68,916 | +€11,383 | +19.8% |
| Land and buildings | 22 | €5,736 | €5,582 | -€154 | -2.7% |
| Plant, machinery and equipment | 23 | €5,489 | €5,008 | -€481 | -8.8% |
| Other tangible fixed assets | 26 | €46,308 | €58,326 | +€12,018 | +26.0% |
| Current assets | 29/58 | €10,139 | €9,941 | -€198 | -2.0% |
| Amounts receivable within one year | 40/41 | €7,338 | €4,500 | -€2,839 | -38.7% |
| Trade receivables | 40 | €3,616 | €2,161 | -€1,455 | -40.2% |
| Other amounts receivable | 41 | €3,722 | €2,339 | -€1,383 | -37.2% |
| Cash at bank and in hand | 54/58 | €1,343 | €3,373 | +€2,030 | +151.2% |
| Deferred charges and accrued income | 490/1 | €1,458 | €2,068 | +€610 | +41.8% |
| Total equity and liabilities | 10/49 | €67,672 | €78,857 | +€11,185 | +16.5% |
| Equity | 10/15 | -€43,031 | -€36,954 | +€6,077 | +14.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,531 | -€39,454 | +€6,077 | +13.3% |
| Amounts payable | 17/49 | €110,702 | €115,811 | +€5,109 | +4.6% |
| Amounts payable within one year | 42/48 | €110,702 | €115,811 | +€5,109 | +4.6% |
| Trade debts | 44 | €5,355 | €1,757 | -€3,599 | -67.2% |
| Suppliers | 440/4 | €5,355 | €1,757 | -€3,599 | -67.2% |
| Taxes, remuneration and social security | 45 | - | €140 | +€140 | |
| Taxes | 450/3 | - | €140 | +€140 | |
| Other amounts payable | 47/48 | €105,347 | €113,914 | +€8,567 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,395 | €7,515 | +€2,120 | +39.3% |
| Other operating charges | 640/8 | €377 | €233 | -€145 | -38.4% |
| Gross operating margin | 9900 | -€39,703 | €14,057 | +€53,761 | |
| Operating profit (loss) | 9901 | -€45,476 | €6,309 | +€51,786 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €54 | €233 | +€178 | +327.5% |
| Recurring financial charges | 65 | €54 | €233 | +€178 | +327.5% |
| Profit (loss) for the period before taxes | 9903 | -€45,531 | €6,077 | +€51,607 | |
| Profit (loss) for the period | 9904 | -€45,531 | €6,077 | +€51,607 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,531 | €6,077 | +€51,607 |
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 29 September 2026 via checked.be.