ERADA: 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.
ERADA
Largest movements
- Stocks and contracts -€1,267
no longer reported in 2024 (was €1,267)
- Cash -€1,143
no longer reported in 2024 (was €1,143)
mainly Net result for the year (-€15,015) and Tax, wage and social debts (-€3,247)
- Tangible fixed assets -€480
down €480 (-34.6%), from €1,387 to €907
- Profit (loss) carried forward -€15,015
down €15,015 (-66.4%), from -€22,605 to -€37,620
- Other debts +€11,734
up €11,734 (+204%), from €5,766 to €17,499
- Contributions +€3,600
up €3,600 (+24.0%), from €15,000 to €18,600
- Tax, wage and social debts -€3,247
down €3,247 (-67.6%), from €4,806 to €1,559
- Gross operating margin -€11,224
down €11,224 (-689%), from -€1,629 to -€12,853
- Taxes +€1,027
new in 2024: €1,027
- Staff costs +€244
new in 2024: €244
- Other operating charges +€163
new in 2024: €163
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,960 | €2,061 | -€2,899 | -58.4% |
| Fixed assets | 21/28 | €1,387 | €907 | -€480 | -34.6% |
| Tangible fixed assets | 22/27 | €1,387 | €907 | -€480 | -34.6% |
| Other tangible fixed assets | 26 | €1,387 | €907 | -€480 | -34.6% |
| Current assets | 29/58 | €3,572 | €1,154 | -€2,419 | -67.7% |
| Stocks and contracts in progress | 3 | €1,267 | - | -€1,267 | |
| Stocks | 30/36 | €1,267 | - | -€1,267 | |
| Amounts receivable within one year | 40/41 | €1,162 | €1,154 | -€8 | -0.7% |
| Other amounts receivable | 41 | €1,162 | €1,154 | -€8 | -0.7% |
| Cash at bank and in hand | 54/58 | €1,143 | - | -€1,143 | |
| Total equity and liabilities | 10/49 | €4,960 | €2,061 | -€2,899 | -58.4% |
| Equity | 10/15 | -€7,605 | -€19,020 | -€11,415 | -150% |
| Contributions | 10/11 | €15,000 | €18,600 | +€3,600 | +24.0% |
| Profit (loss) carried forward | 14 | -€22,605 | -€37,620 | -€15,015 | -66.4% |
| Amounts payable | 17/49 | €12,565 | €21,081 | +€8,517 | +67.8% |
| Amounts payable within one year | 42/48 | €12,565 | €21,081 | +€8,517 | +67.8% |
| Trade debts | 44 | €1,993 | €2,023 | +€30 | +1.5% |
| Suppliers | 440/4 | €1,993 | €2,023 | +€30 | +1.5% |
| Taxes, remuneration and social security | 45 | €4,806 | €1,559 | -€3,247 | -67.6% |
| Taxes | 450/3 | €4,806 | €1,559 | -€3,247 | -67.6% |
| Other amounts payable | 47/48 | €5,766 | €17,499 | +€11,734 | +204% |
| Remuneration, social security and pensions | 62 | - | €244 | +€244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €480 | €480 | = | 0.0% |
| Other operating charges | 640/8 | - | €163 | +€163 | |
| Gross operating margin | 9900 | -€1,629 | -€12,853 | -€11,224 | -689% |
| Operating profit (loss) | 9901 | -€2,109 | -€13,740 | -€11,631 | -551% |
| Financial income | 75/76B | €1 | €0 | -€0 | -27.4% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -27.4% |
| Financial charges | 65/66B | €193 | €249 | +€56 | +29.0% |
| Recurring financial charges | 65 | €193 | €249 | +€56 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,302 | -€13,989 | -€11,687 | -508% |
| Income taxes | 67/77 | - | €1,027 | +€1,027 | |
| Profit (loss) for the period | 9904 | -€2,302 | -€15,015 | -€12,714 | -552% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,302 | -€15,015 | -€12,714 | -552% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.