Er Works: 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 Works
Largest movements
- Receivables within one year +€26,757
up €26,757 (+34.1%), from €78,475 to €105,232
of which Trade receivables: +€25,119
- Trade debts +€20,244
up €20,244 (+338%), from €5,992 to €26,236
- Tax, wage and social debts +€5,706
up €5,706 (+93.6%), from €6,094 to €11,800
of which Remuneration and social security: +€6,250
- Profit (loss) carried forward +€2,454
up €2,454 (+6.4%), from €38,462 to €40,916
- Other debts -€2,139
down €2,139 (-10.3%), from €20,781 to €18,642
- Turnover -€57,575
no longer reported in 2024 (was €57,575)
- Purchases and services -€40,321
down €40,321 (-66.4%), from €60,707 to €20,386
- Gross operating margin -€27,427
down €27,427, from €7,042 to -€20,385
- Financial income +€20,000
new in 2024: €20,000
of which Financial income: +€20,000
- Taxes -€5,483
down €5,483 (-99.7%), from €5,500 to €17
From the 2022 result to the 2024 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
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 | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,389 | €105,654 | +€26,265 | +33.1% |
| Current assets | 29/58 | €79,389 | €105,654 | +€26,265 | +33.1% |
| Amounts receivable within one year | 40/41 | €78,475 | €105,232 | +€26,757 | +34.1% |
| Trade receivables | 40 | €78,144 | €103,263 | +€25,119 | +32.1% |
| Other amounts receivable | 41 | €331 | €1,969 | +€1,638 | +495% |
| Cash at bank and in hand | 54/58 | €914 | €422 | -€492 | -53.8% |
| Total equity and liabilities | 10/49 | €79,389 | €105,654 | +€26,265 | +33.1% |
| Equity | 10/15 | €46,522 | €48,976 | +€2,454 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,462 | €40,916 | +€2,454 | +6.4% |
| Amounts payable | 17/49 | €32,867 | €56,678 | +€23,811 | +72.4% |
| Amounts payable within one year | 42/48 | €32,867 | €56,678 | +€23,811 | +72.4% |
| Trade debts | 44 | €5,992 | €26,236 | +€20,244 | +338% |
| Suppliers | 440/4 | €5,992 | €26,236 | +€20,244 | +338% |
| Taxes, remuneration and social security | 45 | €6,094 | €11,800 | +€5,706 | +93.6% |
| Taxes | 450/3 | €1,421 | €877 | -€544 | -38.3% |
| Remuneration and social security | 454/9 | €4,673 | €10,923 | +€6,250 | +134% |
| Other amounts payable | 47/48 | €20,781 | €18,642 | -€2,139 | -10.3% |
| Turnover | 70 | €57,575 | - | -€57,575 | |
| Goods, raw materials, services and sundry goods | 60/61 | €60,707 | €20,386 | -€40,321 | -66.4% |
| Other operating charges | 640/8 | €302 | €318 | +€16 | +5.3% |
| Gross operating margin | 9900 | €7,042 | -€20,385 | -€27,427 | |
| Operating profit (loss) | 9901 | €6,740 | -€20,703 | -€27,443 | |
| Financial income | 75/76B | - | €20,000 | +€20,000 | |
| Recurring financial income | 75 | - | €20,000 | +€20,000 | |
| Non-recurring financial income | 76B | - | €20,000 | +€20,000 | |
| Financial charges | 65/66B | €84 | €59 | -€25 | -29.8% |
| Recurring financial charges | 65 | €84 | €59 | -€25 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €6,656 | -€762 | -€7,418 | |
| Income taxes | 67/77 | €5,500 | €17 | -€5,483 | -99.7% |
| Profit (loss) for the period | 9904 | €1,156 | -€779 | -€1,935 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,156 | -€779 | -€1,935 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.