ERNO: 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.
ERNO
Largest movements
- Cash -€22,353
down €22,353 (-38.4%), from €58,186 to €35,833
mainly Net result for the year (-€22,351) and Receivables within one year (-€1,463)
- Profit (loss) carried forward -€22,351
down €22,351 (-17.2%), from -€130,126 to -€152,477
- Tax, wage and social debts +€2,096
up €2,096 (+30.2%), from €6,940 to €9,036
of which Taxes: +€1,796
- Gross operating margin +€5,508
up €5,508 (+20.7%), from -€26,625 to -€21,118
- Financial charges -€1,100
down €1,100 (-54.4%), from €2,023 to €923
- Other operating charges -€444
down €444 (-49.7%), from €893 to €449
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 | €185,399 | €164,508 | -€20,891 | -11.3% |
| Fixed assets | 21/28 | €125,000 | €125,000 | = | 0.0% |
| Financial fixed assets | 28 | €125,000 | €125,000 | = | 0.0% |
| Current assets | 29/58 | €60,399 | €39,508 | -€20,891 | -34.6% |
| Amounts receivable within one year | 40/41 | €2,213 | €3,675 | +€1,463 | +66.1% |
| Trade receivables | 40 | €1,845 | €3,675 | +€1,830 | +99.2% |
| Other amounts receivable | 41 | €368 | - | -€368 | |
| Cash at bank and in hand | 54/58 | €58,186 | €35,833 | -€22,353 | -38.4% |
| Total equity and liabilities | 10/49 | €185,399 | €164,508 | -€20,891 | -11.3% |
| Equity | 10/15 | -€110,675 | -€133,026 | -€22,351 | -20.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €451 | €451 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23 | €0 | -€23 | -100% |
| Reserves not available under the articles | 1311 | €23 | €0 | -€23 | -100% |
| Distributable reserves | 133 | €428 | €451 | +€23 | +5.3% |
| Profit (loss) carried forward | 14 | -€130,126 | -€152,477 | -€22,351 | -17.2% |
| Amounts payable | 17/49 | €296,074 | €297,534 | +€1,460 | +0.5% |
| Amounts payable after more than one year | 17 | €175,000 | €175,000 | = | 0.0% |
| Other amounts payable | 178/9 | €175,000 | €175,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,074 | €122,534 | +€1,460 | +1.2% |
| Trade debts | 44 | €1,059 | €423 | -€636 | -60.1% |
| Suppliers | 440/4 | €1,059 | €423 | -€636 | -60.1% |
| Taxes, remuneration and social security | 45 | €6,940 | €9,036 | +€2,096 | +30.2% |
| Taxes | 450/3 | €4,740 | €6,536 | +€1,796 | +37.9% |
| Remuneration and social security | 454/9 | €2,200 | €2,500 | +€300 | +13.6% |
| Other amounts payable | 47/48 | €113,075 | €113,075 | = | 0.0% |
| Other operating charges | 640/8 | €893 | €449 | -€444 | -49.7% |
| Gross operating margin | 9900 | -€26,625 | -€21,118 | +€5,508 | +20.7% |
| Operating profit (loss) | 9901 | -€27,518 | -€21,567 | +€5,951 | +21.6% |
| Financial income | 75/76B | €175 | €140 | -€36 | -20.3% |
| Recurring financial income | 75 | €175 | €140 | -€36 | -20.3% |
| Financial charges | 65/66B | €2,023 | €923 | -€1,100 | -54.4% |
| Recurring financial charges | 65 | €2,023 | €923 | -€1,100 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,366 | -€22,351 | +€7,015 | +23.9% |
| Profit (loss) for the period | 9904 | -€29,366 | -€22,351 | +€7,015 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,366 | -€22,351 | +€7,015 | +23.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.