ERALDO: 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.
ERALDO
Largest movements
- Tangible fixed assets +€49,795
up €49,795 (+8.6%), from €576,778 to €626,573
of which Furniture and vehicles: +€95,292
- Cash +€36,073
up €36,073 (+144.1%), from €25,040 to €61,113
mainly Depreciation (+€87,232) and Other debts (+€32,159)
- Receivables within one year -€30,536
down €30,536 (-65.7%), from €46,478 to €15,941
of which Trade receivables: -€30,536
- Intangible fixed assets -€29,064
down €29,064 (-13.4%), from €216,706 to €187,642
- Other debts +€32,159
up €32,159 (+41.1%), from €78,323 to €110,481
- Profit (loss) carried forward +€24,354
up €24,354 (+27.0%), from -€90,292 to -€65,939
- Trade debts -€20,761
down €20,761 (-53.7%), from €38,648 to €17,887
- Tax, wage and social debts +€12,240
up €12,240 (+1131.6%), from €1,082 to €13,321
- Debts after one year -€10,756
down €10,756 (-1.4%), from €771,855 to €761,098
of which Financial debts: -€10,756
- Gross operating margin +€86,073
up €86,073 (+141.3%), from €60,921 to €146,995
- Purchases and services -€59,365
down €59,365 (-20.2%), from €294,034 to €234,669
- Turnover +€34,364
up €34,364 (+9.9%), from €347,300 to €381,664
- Depreciation +€28,106
up €28,106 (+47.5%), from €59,126 to €87,232
- Financial charges +€7,585
up €7,585 (+87.1%), from €8,708 to €16,292
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.
Cash bridge derived
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 | €867,386 | €895,578 | +€28,192 | +3.3% |
| Fixed assets | 21/28 | €793,484 | €814,216 | +€20,732 | +2.6% |
| Intangible fixed assets | 21 | €216,706 | €187,642 | -€29,064 | -13.4% |
| Tangible fixed assets | 22/27 | €576,778 | €626,573 | +€49,795 | +8.6% |
| Land and buildings | 22 | €442,302 | €426,797 | -€15,505 | -3.5% |
| Plant, machinery and equipment | 23 | €133,886 | €103,894 | -€29,992 | -22.4% |
| Furniture and vehicles | 24 | €590 | €95,882 | +€95,292 | +16149.8% |
| Current assets | 29/58 | €73,902 | €81,362 | +€7,460 | +10.1% |
| Stocks and contracts in progress | 3 | €1,932 | €4,034 | +€2,102 | +108.8% |
| Stocks | 30/36 | €1,932 | €4,034 | +€2,102 | +108.8% |
| Amounts receivable within one year | 40/41 | €46,478 | €15,941 | -€30,536 | -65.7% |
| Trade receivables | 40 | €44,662 | €14,126 | -€30,536 | -68.4% |
| Other amounts receivable | 41 | €1,816 | €1,816 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,040 | €61,113 | +€36,073 | +144.1% |
| Deferred charges and accrued income | 490/1 | €452 | €273 | -€179 | -39.6% |
| Total equity and liabilities | 10/49 | €867,386 | €895,578 | +€28,192 | +3.3% |
| Equity | 10/15 | -€71,692 | -€47,339 | +€24,354 | +34.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,292 | -€65,939 | +€24,354 | +27.0% |
| Amounts payable | 17/49 | €939,078 | €942,917 | +€3,838 | +0.4% |
| Amounts payable after more than one year | 17 | €771,855 | €761,098 | -€10,756 | -1.4% |
| Financial debts | 170/4 | €521,855 | €511,098 | -€10,756 | -2.1% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €161,752 | €178,078 | +€16,325 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €43,700 | €36,388 | -€7,312 | -16.7% |
| Trade debts | 44 | €38,648 | €17,887 | -€20,761 | -53.7% |
| Suppliers | 440/4 | €38,648 | €17,887 | -€20,761 | -53.7% |
| Taxes, remuneration and social security | 45 | €1,082 | €13,321 | +€12,240 | +1131.6% |
| Taxes | 450/3 | €1,082 | €13,321 | +€12,240 | +1131.6% |
| Other amounts payable | 47/48 | €78,323 | €110,481 | +€32,159 | +41.1% |
| Accrued charges and deferred income | 492/3 | €5,471 | €3,741 | -€1,731 | -31.6% |
| Turnover | 70 | €347,300 | €381,664 | +€34,364 | +9.9% |
| Non-recurring operating income | 76A | €7,656 | - | -€7,656 | |
| Goods, raw materials, services and sundry goods | 60/61 | €294,034 | €234,669 | -€59,365 | -20.2% |
| Remuneration, social security and pensions | 62 | €111 | - | -€111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,126 | €87,232 | +€28,106 | +47.5% |
| Other operating charges | 640/8 | €9,583 | €15,299 | +€5,716 | +59.6% |
| Non-recurring operating charges | 66A | €511 | €4,135 | +€3,625 | +710.0% |
| Gross operating margin | 9900 | €60,921 | €146,995 | +€86,073 | +141.3% |
| Operating profit (loss) | 9901 | -€8,409 | €40,328 | +€48,737 | |
| Financial income | 75/76B | €139 | €318 | +€179 | +129.0% |
| Recurring financial income | 75 | €139 | €318 | +€179 | +129.0% |
| Financial charges | 65/66B | €8,708 | €16,292 | +€7,585 | +87.1% |
| Recurring financial charges | 65 | €8,708 | €16,292 | +€7,585 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,978 | €24,354 | +€41,332 | |
| Profit (loss) for the period | 9904 | -€16,978 | €24,354 | +€41,332 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,978 | €24,354 | +€41,332 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.