ERAGIS: what changed
Two fiscal 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.
ERAGIS
Largest movements
- Receivables within one year +€51,869
up €51,869 (+76.7%), from €67,592 to €119,461
of which Trade receivables: +€51,812
- Tangible fixed assets -€26,642
down €26,642 (-9.6%), from €276,585 to €249,943
of which Other tangible fixed assets: -€26,642
- Cash +€7,571
up €7,571 (+6.3%), from €119,328 to €126,899
mainly Trade debts (+€56,792) and Depreciation (+€32,758)
- Trade debts +€56,792
up €56,792 (+2814.3%), from €2,018 to €58,810
- Profit (loss) carried forward -€24,005
down €24,005 (-16.2%), from -€147,865 to -€171,870
- Gross operating margin +€15,185
up €15,185, from -€1,636 to €13,549
- Depreciation -€7,718
down €7,718 (-19.1%), from €40,476 to €32,758
- Other operating charges -€1,639
down €1,639 (-24.9%), from €6,580 to €4,941
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.
Cash bridge derived
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 | €465,143 | €497,943 | +€32,800 | +7.1% |
| Fixed assets | 21/28 | €277,825 | €251,182 | -€26,643 | -9.6% |
| Tangible fixed assets | 22/27 | €276,585 | €249,943 | -€26,642 | -9.6% |
| Land and buildings | 22 | €182,295 | €182,295 | = | 0.0% |
| Other tangible fixed assets | 26 | €94,290 | €67,648 | -€26,642 | -28.3% |
| Financial fixed assets | 28 | €1,240 | €1,239 | -€1 | -0.1% |
| Current assets | 29/58 | €187,318 | €246,761 | +€59,443 | +31.7% |
| Amounts receivable within one year | 40/41 | €67,592 | €119,461 | +€51,869 | +76.7% |
| Trade receivables | 40 | €67,592 | €119,404 | +€51,812 | +76.7% |
| Other amounts receivable | 41 | - | €57 | +€57 | |
| Cash at bank and in hand | 54/58 | €119,328 | €126,899 | +€7,571 | +6.3% |
| Deferred charges and accrued income | 490/1 | €398 | €401 | +€3 | +0.8% |
| Total equity and liabilities | 10/49 | €465,143 | €497,943 | +€32,800 | +7.1% |
| Equity | 10/15 | €362,254 | €338,249 | -€24,005 | -6.6% |
| Contributions | 10/11 | €495,787 | €495,787 | = | 0.0% |
| Capital | 10 | €495,787 | €495,787 | = | 0.0% |
| Issued capital | 100 | €495,787 | €495,787 | = | 0.0% |
| Reserves | 13 | €14,332 | €14,332 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,332 | €14,332 | = | 0.0% |
| Legal reserve | 130 | €14,332 | €14,332 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,865 | -€171,870 | -€24,005 | -16.2% |
| Amounts payable | 17/49 | €102,889 | €159,694 | +€56,805 | +55.2% |
| Amounts payable within one year | 42/48 | €102,502 | €159,293 | +€56,791 | +55.4% |
| Trade debts | 44 | €2,018 | €58,810 | +€56,792 | +2814.3% |
| Suppliers | 440/4 | €2,018 | €58,810 | +€56,792 | +2814.3% |
| Other amounts payable | 47/48 | €100,484 | €100,483 | -€1 | 0.0% |
| Accrued charges and deferred income | 492/3 | €387 | €401 | +€14 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,476 | €32,758 | -€7,718 | -19.1% |
| Other operating charges | 640/8 | €6,580 | €4,941 | -€1,639 | -24.9% |
| Gross operating margin | 9900 | -€1,636 | €13,549 | +€15,185 | |
| Operating profit (loss) | 9901 | -€48,692 | -€24,150 | +€24,542 | +50.4% |
| Financial income | 75/76B | €152 | €191 | +€39 | +25.7% |
| Recurring financial income | 75 | €152 | €191 | +€39 | +25.7% |
| Financial charges | 65/66B | €48 | €45 | -€3 | -6.3% |
| Recurring financial charges | 65 | €48 | €45 | -€3 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€48,588 | -€24,004 | +€24,584 | +50.6% |
| Income taxes | 67/77 | €45 | - | -€45 | |
| Profit (loss) for the period | 9904 | -€48,633 | -€24,004 | +€24,629 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,633 | -€24,004 | +€24,629 | +50.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.