ER PRODUCTIONS: 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.
ER PRODUCTIONS
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-13.0%), from €153,260 to €133,260
- Deferred charges and accrued income +€8,396
up €8,396 (+168%), from €4,992 to €13,388
- Cash +€4,327
up €4,327 (+28.8%), from €15,027 to €19,355
mainly Depreciation (+€20,000) and Receivables within one year (+€1,577)
- Other debts -€4,799
down €4,799 (-1.0%), from €499,101 to €494,302
- Profit (loss) carried forward -€4,177
down €4,177 (-1.2%), from -€344,969 to -€349,146
- Gross operating margin +€2,330
up €2,330 (+16.7%), from €13,986 to €16,316
- Financial charges -€484
down €484 (-75.4%), from €643 to €158
- Financial income +€264
up €264 (+1,447%), from €18 to €282
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 | €177,099 | €168,246 | -€8,854 | -5.0% |
| Fixed assets | 21/28 | €153,260 | €133,260 | -€20,000 | -13.0% |
| Intangible fixed assets | 21 | €153,260 | €133,260 | -€20,000 | -13.0% |
| Current assets | 29/58 | €23,839 | €34,985 | +€11,146 | +46.8% |
| Stocks and contracts in progress | 3 | €223 | €223 | = | 0.0% |
| Stocks | 30/36 | €223 | €223 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,597 | €2,019 | -€1,577 | -43.9% |
| Trade receivables | 40 | €3,597 | €1,566 | -€2,030 | -56.5% |
| Other amounts receivable | 41 | - | €453 | +€453 | |
| Cash at bank and in hand | 54/58 | €15,027 | €19,355 | +€4,327 | +28.8% |
| Deferred charges and accrued income | 490/1 | €4,992 | €13,388 | +€8,396 | +168% |
| Total equity and liabilities | 10/49 | €177,099 | €168,246 | -€8,854 | -5.0% |
| Equity | 10/15 | -€322,106 | -€326,283 | -€4,177 | -1.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,863 | €2,863 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,863 | €1,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€344,969 | -€349,146 | -€4,177 | -1.2% |
| Amounts payable | 17/49 | €499,205 | €494,529 | -€4,677 | -0.9% |
| Amounts payable within one year | 42/48 | €499,125 | €494,529 | -€4,597 | -0.9% |
| Trade debts | 44 | - | €227 | +€227 | |
| Suppliers | 440/4 | - | €227 | +€227 | |
| Taxes, remuneration and social security | 45 | €24 | - | -€24 | |
| Taxes | 450/3 | €24 | - | -€24 | |
| Other amounts payable | 47/48 | €499,101 | €494,302 | -€4,799 | -1.0% |
| Accrued charges and deferred income | 492/3 | €80 | - | -€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,000 | €20,000 | = | 0.0% |
| Other operating charges | 640/8 | €618 | €617 | -€1 | -0.2% |
| Gross operating margin | 9900 | €13,986 | €16,316 | +€2,330 | +16.7% |
| Operating profit (loss) | 9901 | -€6,633 | -€4,301 | +€2,331 | +35.2% |
| Financial income | 75/76B | €18 | €282 | +€264 | +1,447% |
| Recurring financial income | 75 | €18 | €282 | +€264 | +1,447% |
| Financial charges | 65/66B | €643 | €158 | -€484 | -75.4% |
| Recurring financial charges | 65 | €643 | €158 | -€484 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,257 | -€4,177 | +€3,080 | +42.4% |
| Profit (loss) for the period | 9904 | -€7,257 | -€4,177 | +€3,080 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,257 | -€4,177 | +€3,080 | +42.4% |
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 30 October 2026 via checked.be.