ERAL TRADING: 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.
ERAL TRADING
Largest movements
- Tangible fixed assets -€1,637
down €1,637 (-28.7%), from €5,704 to €4,067
of which Land and buildings: -€1,046
- Intangible fixed assets -€1,416
down €1,416 (-69.4%), from €2,041 to €625
- Cash -€823
down €823 (-2.7%), from €30,515 to €29,692
mainly Net result for the year (-€4,138) and Receivables within one year (-€670)
- Receivables within one year +€670
up €670 (+4.7%), from €14,262 to €14,932
of which Trade receivables: +€370
- Financial fixed assets -€552
down €552 (-28.4%), from €1,943 to €1,391
- Profit (loss) carried forward -€4,138
down €4,138 (-35.0%), from €11,830 to €7,692
- Gross operating margin -€4,464
down €4,464 (-73.0%), from €6,119 to €1,655
- Other operating charges +€508
up €508 (+24.8%), from €2,046 to €2,554
- Depreciation -€494
down €494 (-13.9%), from €3,547 to €3,053
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 | €54,465 | €50,780 | -€3,685 | -6.8% |
| Fixed assets | 21/28 | €9,688 | €6,083 | -€3,605 | -37.2% |
| Intangible fixed assets | 21 | €2,041 | €625 | -€1,416 | -69.4% |
| Tangible fixed assets | 22/27 | €5,704 | €4,067 | -€1,637 | -28.7% |
| Land and buildings | 22 | €4,760 | €3,713 | -€1,046 | -22.0% |
| Furniture and vehicles | 24 | €944 | €354 | -€591 | -62.5% |
| Financial fixed assets | 28 | €1,943 | €1,391 | -€552 | -28.4% |
| Current assets | 29/58 | €44,777 | €44,696 | -€81 | -0.2% |
| Amounts receivable within one year | 40/41 | €14,262 | €14,932 | +€670 | +4.7% |
| Trade receivables | 40 | €13,912 | €14,282 | +€370 | +2.7% |
| Other amounts receivable | 41 | €350 | €650 | +€300 | +85.7% |
| Cash at bank and in hand | 54/58 | €30,515 | €29,692 | -€823 | -2.7% |
| Deferred charges and accrued income | 490/1 | - | €72 | +€72 | |
| Total equity and liabilities | 10/49 | €54,465 | €50,780 | -€3,685 | -6.8% |
| Equity | 10/15 | €49,014 | €44,876 | -€4,138 | -8.4% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,830 | €7,692 | -€4,138 | -35.0% |
| Amounts payable | 17/49 | €5,451 | €5,904 | +€453 | +8.3% |
| Amounts payable within one year | 42/48 | €5,438 | €5,902 | +€464 | +8.5% |
| Trade debts | 44 | €620 | €936 | +€316 | +50.9% |
| Suppliers | 440/4 | €620 | €936 | +€316 | +50.9% |
| Other amounts payable | 47/48 | €4,818 | €4,967 | +€148 | +3.1% |
| Accrued charges and deferred income | 492/3 | €13 | €1 | -€12 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,547 | €3,053 | -€494 | -13.9% |
| Other operating charges | 640/8 | €2,046 | €2,554 | +€508 | +24.8% |
| Gross operating margin | 9900 | €6,119 | €1,655 | -€4,464 | -73.0% |
| Operating profit (loss) | 9901 | €526 | -€3,952 | -€4,478 | |
| Financial charges | 65/66B | €180 | €186 | +€5 | +3.0% |
| Recurring financial charges | 65 | €180 | €186 | +€5 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €346 | -€4,138 | -€4,484 | |
| Profit (loss) for the period | 9904 | €346 | -€4,138 | -€4,484 | |
| Profit (loss) for the period to be appropriated | 9905 | €346 | -€4,138 | -€4,484 |
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 13 October 2026 via checked.be.