EE Erquelinnes: 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.
EE Erquelinnes
Largest movements
- Tangible fixed assets +€58,163
up €58,163 (+4.5%), from €1.3m to €1.4m
- Receivables within one year +€46,806
up €46,806 (+218%), from €21,436 to €68,243
of which Trade receivables: +€51,581
- Trade debts +€103,931
new in 2025: €103,931
- Profit (loss) carried forward -€56,655
down €56,655 (-32.4%), from -€175,093 to -€231,748
- Accrued charges and deferred income +€40,286
up €40,286 (+32.3%), from €124,646 to €164,932
- Other debts +€17,782
up €17,782 (+1.3%), from €1.4m to €1.4m
- Gross operating margin -€5,238
down €5,238 (-92.2%), from -€5,681 to -€10,919
- Financial charges +€3,773
up €3,773 (+9.2%), from €40,839 to €44,612
- Other operating charges +€798
up €798 (+107%), from €744 to €1,542
- Financial income -€117
down €117 (-21.8%), from €534 to €418
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 | €1,315,612 | €1,420,955 | +€105,344 | +8.0% |
| Fixed assets | 21/28 | €1,292,276 | €1,350,439 | +€58,163 | +4.5% |
| Tangible fixed assets | 22/27 | €1,292,276 | €1,350,439 | +€58,163 | +4.5% |
| Assets under construction and advance payments | 27 | €1,292,276 | €1,350,439 | +€58,163 | +4.5% |
| Current assets | 29/58 | €23,336 | €70,516 | +€47,180 | +202% |
| Amounts receivable within one year | 40/41 | €21,436 | €68,243 | +€46,806 | +218% |
| Trade receivables | 40 | €6,419 | €58,000 | +€51,581 | +804% |
| Other amounts receivable | 41 | €15,017 | €10,243 | -€4,775 | -31.8% |
| Cash at bank and in hand | 54/58 | €171 | €127 | -€44 | -25.7% |
| Deferred charges and accrued income | 490/1 | €1,729 | €2,147 | +€418 | +24.2% |
| Total equity and liabilities | 10/49 | €1,315,612 | €1,420,955 | +€105,344 | +8.0% |
| Equity | 10/15 | -€162,693 | -€219,348 | -€56,655 | -34.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€175,093 | -€231,748 | -€56,655 | -32.4% |
| Amounts payable | 17/49 | €1,478,305 | €1,640,304 | +€161,999 | +11.0% |
| Amounts payable within one year | 42/48 | €1,353,659 | €1,475,372 | +€121,713 | +9.0% |
| Trade debts | 44 | - | €103,931 | +€103,931 | |
| Suppliers | 440/4 | - | €103,931 | +€103,931 | |
| Other amounts payable | 47/48 | €1,353,659 | €1,371,441 | +€17,782 | +1.3% |
| Accrued charges and deferred income | 492/3 | €124,646 | €164,932 | +€40,286 | +32.3% |
| Other operating charges | 640/8 | €744 | €1,542 | +€798 | +107% |
| Gross operating margin | 9900 | -€5,681 | -€10,919 | -€5,238 | -92.2% |
| Operating profit (loss) | 9901 | -€6,425 | -€12,461 | -€6,036 | -93.9% |
| Financial income | 75/76B | €534 | €418 | -€117 | -21.8% |
| Recurring financial income | 75 | €534 | €418 | -€117 | -21.8% |
| Financial charges | 65/66B | €40,839 | €44,612 | +€3,773 | +9.2% |
| Recurring financial charges | 65 | €40,839 | €44,612 | +€3,773 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€46,729 | -€56,655 | -€9,926 | -21.2% |
| Profit (loss) for the period | 9904 | -€46,729 | -€56,655 | -€9,926 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,729 | -€56,655 | -€9,926 | -21.2% |
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 1 November 2026 via checked.be.