E.R. HOMES: 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.
E.R. HOMES
Largest movements
- Receivables within one year -€50,317
down €50,317 (-27.5%), from €182,680 to €132,363
of which Trade receivables: -€55,077
- Deferred charges and accrued income -€35,986
down €35,986 (-93.4%), from €38,525 to €2,539
- Tangible fixed assets -€8,840
down €8,840 (-26.4%), from €33,446 to €24,606
of which Furniture and vehicles: -€9,316
- Reserves +€68,422
up €68,422 (+13,684%), from €500 to €68,922
of which Distributable reserves: +€68,922
- Profit (loss) carried forward -€57,927
no longer reported in 2025 (was €57,927)
- Accrued charges and deferred income -€31,671
no longer reported in 2025 (was €31,671)
- Other debts -€30,198
down €30,198 (-37.7%), from €80,198 to €50,000
- Tax, wage and social debts -€26,493
down €26,493 (-79.5%), from €33,314 to €6,821
of which Remuneration and social security: -€24,733
- Staff costs -€124,860
down €124,860 (-64.5%), from €193,513 to €68,653
- Gross operating margin -€119,264
down €119,264 (-53.4%), from €223,548 to €104,285
- Financial charges +€4,181
up €4,181 (+328%), from €1,274 to €5,455
- Taxes +€2,309
up €2,309 (+70.0%), from €3,297 to €5,606
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 | €262,473 | €166,219 | -€96,254 | -36.7% |
| Fixed assets | 21/28 | €33,621 | €25,856 | -€7,765 | -23.1% |
| Tangible fixed assets | 22/27 | €33,446 | €24,606 | -€8,840 | -26.4% |
| Plant, machinery and equipment | 23 | €6,469 | €6,945 | +€476 | +7.4% |
| Furniture and vehicles | 24 | €26,977 | €17,661 | -€9,316 | -34.5% |
| Financial fixed assets | 28 | €175 | €1,250 | +€1,075 | +614% |
| Current assets | 29/58 | €228,853 | €140,363 | -€88,489 | -38.7% |
| Amounts receivable within one year | 40/41 | €182,680 | €132,363 | -€50,317 | -27.5% |
| Trade receivables | 40 | €162,841 | €107,765 | -€55,077 | -33.8% |
| Other amounts receivable | 41 | €19,839 | €24,599 | +€4,760 | +24.0% |
| Cash at bank and in hand | 54/58 | €7,648 | €5,461 | -€2,187 | -28.6% |
| Deferred charges and accrued income | 490/1 | €38,525 | €2,539 | -€35,986 | -93.4% |
| Total equity and liabilities | 10/49 | €262,473 | €166,219 | -€96,254 | -36.7% |
| Equity | 10/15 | €63,427 | €73,922 | +€10,495 | +16.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €68,922 | +€68,422 | +13,684% |
| Non-distributable reserves | 130/1 | €500 | - | -€500 | |
| Reserves not available under the articles | 1311 | €500 | - | -€500 | |
| Distributable reserves | 133 | - | €68,922 | +€68,922 | |
| Profit (loss) carried forward | 14 | €57,927 | - | -€57,927 | |
| Amounts payable | 17/49 | €199,046 | €92,297 | -€106,749 | -53.6% |
| Amounts payable after more than one year | 17 | €17,251 | €9,993 | -€7,258 | -42.1% |
| Financial debts | 170/4 | €17,251 | €9,993 | -€7,258 | -42.1% |
| Amounts payable within one year | 42/48 | €150,124 | €82,304 | -€67,820 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €7,061 | €7,258 | +€197 | +2.8% |
| Trade debts | 44 | €29,551 | €18,225 | -€11,326 | -38.3% |
| Suppliers | 440/4 | €29,551 | €18,225 | -€11,326 | -38.3% |
| Taxes, remuneration and social security | 45 | €33,314 | €6,821 | -€26,493 | -79.5% |
| Taxes | 450/3 | €7,366 | €5,606 | -€1,760 | -23.9% |
| Remuneration and social security | 454/9 | €25,948 | €1,215 | -€24,733 | -95.3% |
| Other amounts payable | 47/48 | €80,198 | €50,000 | -€30,198 | -37.7% |
| Accrued charges and deferred income | 492/3 | €31,671 | - | -€31,671 | |
| Remuneration, social security and pensions | 62 | €193,513 | €68,653 | -€124,860 | -64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,083 | €11,258 | +€175 | +1.6% |
| Other operating charges | 640/8 | €3,911 | €2,828 | -€1,083 | -27.7% |
| Gross operating margin | 9900 | €223,548 | €104,285 | -€119,264 | -53.4% |
| Operating profit (loss) | 9901 | €15,042 | €21,547 | +€6,505 | +43.2% |
| Financial income | 75/76B | €8 | €9 | +€1 | +17.3% |
| Recurring financial income | 75 | €8 | €9 | +€1 | +17.3% |
| Financial charges | 65/66B | €1,274 | €5,455 | +€4,181 | +328% |
| Recurring financial charges | 65 | €1,274 | €5,455 | +€4,181 | +328% |
| Profit (loss) for the period before taxes | 9903 | €13,775 | €16,101 | +€2,326 | +16.9% |
| Income taxes | 67/77 | €3,297 | €5,606 | +€2,309 | +70.0% |
| Profit (loss) for the period | 9904 | €10,478 | €10,495 | +€17 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,478 | €10,495 | +€17 | +0.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.