EeRu: 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.
EeRu
Largest movements
- Tangible fixed assets -€53,377
down €53,377 (-41.6%), from €128,262 to €74,884
of which Furniture and vehicles: -€55,672
- Cash +€17,350
up €17,350 (+350.1%), from €4,956 to €22,306
- Receivables within one year -€6,927
down €6,927 (-22.8%), from €30,327 to €23,400
of which Trade receivables: -€5,590
- Tax, wage and social debts -€24,643
down €24,643 (-77.6%), from €31,745 to €7,102
of which Remuneration and social security: -€31,190
- Debts after one year -€15,698
down €15,698 (-24.7%), from €63,616 to €47,918
- Other debts -€5,495
down €5,495 (-37.7%), from €14,594 to €9,098
- Current portion of long-term debt +€4,545
up €4,545 (+18.0%), from €25,232 to €29,777
- Trade debts -€3,229
down €3,229 (-74.6%), from €4,330 to €1,101
- Depreciation -€21,177
down €21,177 (-49.4%), from €42,836 to €21,659
- Gross operating margin -€16,777
down €16,777 (-34.2%), from €49,016 to €32,239
- Other operating charges +€2,745
up €2,745 (+308.7%), from €889 to €3,634
- Financial charges -€1,105
down €1,105 (-22.2%), from €4,979 to €3,875
- Taxes +€623
up €623 (+577.9%), from €108 to €731
From the 2024 result to the 2026 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,982 | €123,633 | -€42,348 | -25.5% |
| Fixed assets | 21/28 | €128,262 | €74,884 | -€53,377 | -41.6% |
| Tangible fixed assets | 22/27 | €128,262 | €74,884 | -€53,377 | -41.6% |
| Land and buildings | 22 | €9,243 | €34,965 | +€25,722 | +278.3% |
| Plant, machinery and equipment | 23 | €4,705 | €4,412 | -€293 | -6.2% |
| Furniture and vehicles | 24 | €91,179 | €35,507 | -€55,672 | -61.1% |
| Leasing and similar rights | 25 | €23,135 | €0 | -€23,135 | -100.0% |
| Current assets | 29/58 | €37,720 | €48,749 | +€11,029 | +29.2% |
| Amounts receivable within one year | 40/41 | €30,327 | €23,400 | -€6,927 | -22.8% |
| Trade receivables | 40 | €28,452 | €22,862 | -€5,590 | -19.6% |
| Other amounts receivable | 41 | €1,875 | €538 | -€1,337 | -71.3% |
| Cash at bank and in hand | 54/58 | €4,956 | €22,306 | +€17,350 | +350.1% |
| Deferred charges and accrued income | 490/1 | €2,437 | €3,043 | +€606 | +24.8% |
| Total equity and liabilities | 10/49 | €165,982 | €123,633 | -€42,348 | -25.5% |
| Equity | 10/15 | €26,465 | €28,637 | +€2,172 | +8.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,261 | €23,637 | +€2,376 | +11.2% |
| Distributable reserves | 133 | €21,261 | €23,637 | +€2,376 | +11.2% |
| Profit (loss) carried forward | 14 | €204 | €0 | -€204 | -100.0% |
| Amounts payable | 17/49 | €139,516 | €94,996 | -€44,520 | -31.9% |
| Amounts payable after more than one year | 17 | €63,616 | €47,918 | -€15,698 | -24.7% |
| Financial debts | 170/4 | €63,616 | €47,918 | -€15,698 | -24.7% |
| Amounts payable within one year | 42/48 | €75,901 | €47,078 | -€28,822 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €25,232 | €29,777 | +€4,545 | +18.0% |
| Trade debts | 44 | €4,330 | €1,101 | -€3,229 | -74.6% |
| Suppliers | 440/4 | €4,330 | €1,101 | -€3,229 | -74.6% |
| Taxes, remuneration and social security | 45 | €31,745 | €7,102 | -€24,643 | -77.6% |
| Taxes | 450/3 | €555 | €7,102 | +€6,547 | +1179.1% |
| Remuneration and social security | 454/9 | €31,190 | - | -€31,190 | |
| Other amounts payable | 47/48 | €14,594 | €9,098 | -€5,495 | -37.7% |
| Non-recurring operating income | 76A | €3,151 | - | -€3,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,836 | €21,659 | -€21,177 | -49.4% |
| Other operating charges | 640/8 | €889 | €3,634 | +€2,745 | +308.7% |
| Gross operating margin | 9900 | €49,016 | €32,239 | -€16,777 | -34.2% |
| Operating profit (loss) | 9901 | €5,291 | €6,946 | +€1,654 | +31.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | +2250.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +2250.0% |
| Financial charges | 65/66B | €4,979 | €3,875 | -€1,105 | -22.2% |
| Recurring financial charges | 65 | €4,979 | €3,875 | -€1,105 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €312 | €3,074 | +€2,762 | +885.6% |
| Income taxes | 67/77 | €108 | €731 | +€623 | +577.9% |
| Profit (loss) for the period | 9904 | €204 | €2,343 | +€2,139 | +1048.2% |
| Profit (loss) for the period to be appropriated | 9905 | €204 | €2,343 | +€2,139 | +1048.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.