FASSOTTE ERNENS: 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.
FASSOTTE ERNENS
Largest movements
- Tangible fixed assets -€6,545
down €6,545 (-5.8%), from €112,498 to €105,953
of which Furniture and vehicles: -€3,508
- Cash -€2,578
down €2,578 (-49.0%), from €5,260 to €2,682
mainly Debts after one year (-€15,527) and Investment in fixed assets (net) (-€8,988)
- Receivables within one year -€2,541
down €2,541 (-98.6%), from €2,578 to €37
of which Trade receivables: -€2,541
- Debts after one year -€15,527
down €15,527 (-39.1%), from €39,725 to €24,197
- Tax, wage and social debts +€1,344
up €1,344 (+130%), from €1,031 to €2,375
of which Taxes: +€1,344
- Profit (loss) carried forward +€1,279
up €1,279 (+2.1%), from -€60,363 to -€59,085
- Gross operating margin -€13,279
down €13,279 (-35.0%), from €37,977 to €24,698
- Depreciation -€1,070
down €1,070 (-6.4%), from €16,604 to €15,534
- Taxes +€627
up €627 (+210%), from €299 to €926
- Financial charges -€510
down €510 (-15.3%), from €3,332 to €2,821
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 | €122,440 | €110,837 | -€11,603 | -9.5% |
| Fixed assets | 21/28 | €112,498 | €105,953 | -€6,545 | -5.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €112,498 | €105,953 | -€6,545 | -5.8% |
| Land and buildings | 22 | €84,599 | €84,340 | -€259 | -0.3% |
| Plant, machinery and equipment | 23 | €24,163 | €21,385 | -€2,778 | -11.5% |
| Furniture and vehicles | 24 | €3,736 | €228 | -€3,508 | -93.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €9,941 | €4,884 | -€5,058 | -50.9% |
| Amounts receivable within one year | 40/41 | €2,578 | €37 | -€2,541 | -98.6% |
| Trade receivables | 40 | €2,578 | €37 | -€2,541 | -98.6% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €5,260 | €2,682 | -€2,578 | -49.0% |
| Deferred charges and accrued income | 490/1 | €2,104 | €2,165 | +€61 | +2.9% |
| Total equity and liabilities | 10/49 | €122,440 | €110,837 | -€11,603 | -9.5% |
| Equity | 10/15 | -€39,903 | -€38,625 | +€1,279 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,363 | -€59,085 | +€1,279 | +2.1% |
| Amounts payable | 17/49 | €162,343 | €149,461 | -€12,882 | -7.9% |
| Amounts payable after more than one year | 17 | €39,725 | €24,197 | -€15,527 | -39.1% |
| Financial debts | 170/4 | €39,725 | €24,197 | -€15,527 | -39.1% |
| Amounts payable within one year | 42/48 | €117,072 | €119,307 | +€2,235 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €15,061 | €15,527 | +€467 | +3.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €512 | €438 | -€74 | -14.5% |
| Suppliers | 440/4 | €512 | €438 | -€74 | -14.5% |
| Taxes, remuneration and social security | 45 | €1,031 | €2,375 | +€1,344 | +130% |
| Taxes | 450/3 | €1,031 | €2,375 | +€1,344 | +130% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €100,467 | €100,967 | +€499 | +0.5% |
| Accrued charges and deferred income | 492/3 | €5,547 | €5,957 | +€410 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,604 | €15,534 | -€1,070 | -6.4% |
| Other operating charges | 640/8 | €4,242 | €4,139 | -€103 | -2.4% |
| Gross operating margin | 9900 | €37,977 | €24,698 | -€13,279 | -35.0% |
| Operating profit (loss) | 9901 | €17,132 | €5,025 | -€12,106 | -70.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +30.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +30.3% |
| Financial charges | 65/66B | €3,332 | €2,821 | -€510 | -15.3% |
| Recurring financial charges | 65 | €3,332 | €2,821 | -€510 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €13,800 | €2,205 | -€11,596 | -84.0% |
| Income taxes | 67/77 | €299 | €926 | +€627 | +210% |
| Profit (loss) for the period | 9904 | €13,502 | €1,279 | -€12,223 | -90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,502 | €1,279 | -€12,223 | -90.5% |
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.