ERAN DEMOLITION: 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.
ERAN DEMOLITION
Largest movements
- Tangible fixed assets -€17,746
down €17,746 (-33.2%), from €53,455 to €35,709
of which Leasing and similar rights: -€9,954
- Deferred charges and accrued income +€8,088
up €8,088 (+229%), from €3,531 to €11,620
- Cash +€3,075
new in 2025: €3,075
mainly Depreciation (+€17,393) and Net result for the year (+€14,109)
- Intangible fixed assets -€2,500
down €2,500 (-12.3%), from €20,339 to €17,839
- Receivables within one year +€1,407
up €1,407 (+4.4%), from €32,071 to €33,478
of which Other amounts receivable: +€2,314
- Debts after one year -€15,642
down €15,642 (-23.7%), from €65,943 to €50,301
of which Financial debts: -€9,537
- Reserves +€14,109
up €14,109 (+305%), from €4,627 to €18,736
- Trade debts -€7,844
down €7,844 (-50.0%), from €15,697 to €7,854
- Tax, wage and social debts +€3,656
up €3,656 (+690%), from €530 to €4,186
of which Taxes: +€2,870
- Short-term financial debts -€3,183
down €3,183 (-100%), from €3,183 to €0
- Gross operating margin +€10,216
up €10,216 (+31.5%), from €32,466 to €42,682
- Depreciation -€8,726
down €8,726 (-33.4%), from €26,119 to €17,393
- Taxes +€2,862
up €2,862 (+540%), from €530 to €3,392
- Staff costs -€1,010
down €1,010 (-100%), from €1,010 to €0
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 | €109,396 | €101,720 | -€7,676 | -7.0% |
| Fixed assets | 21/28 | €73,794 | €53,547 | -€20,246 | -27.4% |
| Intangible fixed assets | 21 | €20,339 | €17,839 | -€2,500 | -12.3% |
| Tangible fixed assets | 22/27 | €53,455 | €35,709 | -€17,746 | -33.2% |
| Plant, machinery and equipment | 23 | €2,853 | €1,943 | -€910 | -31.9% |
| Furniture and vehicles | 24 | €20,740 | €13,858 | -€6,882 | -33.2% |
| Leasing and similar rights | 25 | €29,862 | €19,908 | -€9,954 | -33.3% |
| Current assets | 29/58 | €35,602 | €48,172 | +€12,570 | +35.3% |
| Amounts receivable within one year | 40/41 | €32,071 | €33,478 | +€1,407 | +4.4% |
| Trade receivables | 40 | €12,208 | €11,301 | -€907 | -7.4% |
| Other amounts receivable | 41 | €19,863 | €22,177 | +€2,314 | +11.6% |
| Cash at bank and in hand | 54/58 | - | €3,075 | +€3,075 | |
| Deferred charges and accrued income | 490/1 | €3,531 | €11,620 | +€8,088 | +229% |
| Total equity and liabilities | 10/49 | €109,396 | €101,720 | -€7,676 | -7.0% |
| Equity | 10/15 | €9,627 | €23,736 | +€14,109 | +147% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,627 | €18,736 | +€14,109 | +305% |
| Distributable reserves | 133 | €4,627 | €18,736 | +€14,109 | +305% |
| Amounts payable | 17/49 | €99,769 | €77,984 | -€21,785 | -21.8% |
| Amounts payable after more than one year | 17 | €65,943 | €50,301 | -€15,642 | -23.7% |
| Financial debts | 170/4 | €22,190 | €12,653 | -€9,537 | -43.0% |
| Other amounts payable | 178/9 | €43,753 | €37,648 | -€6,105 | -14.0% |
| Amounts payable within one year | 42/48 | €33,826 | €27,682 | -€6,143 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €14,415 | €15,642 | +€1,227 | +8.5% |
| Financial debts | 43 | €3,183 | €0 | -€3,183 | -100% |
| Credit institutions | 430/8 | €3,183 | €0 | -€3,183 | -100% |
| Trade debts | 44 | €15,697 | €7,854 | -€7,844 | -50.0% |
| Suppliers | 440/4 | €15,697 | €7,854 | -€7,844 | -50.0% |
| Taxes, remuneration and social security | 45 | €530 | €4,186 | +€3,656 | +690% |
| Taxes | 450/3 | €530 | €3,400 | +€2,870 | +542% |
| Remuneration and social security | 454/9 | €0 | €786 | +€786 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,144 | €0 | -€6,144 | -100% |
| Remuneration, social security and pensions | 62 | €1,010 | €0 | -€1,010 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,119 | €17,393 | -€8,726 | -33.4% |
| Other operating charges | 640/8 | €690 | €1,093 | +€403 | +58.5% |
| Non-recurring operating charges | 66A | - | €3,033 | +€3,033 | |
| Gross operating margin | 9900 | €32,466 | €42,682 | +€10,216 | +31.5% |
| Operating profit (loss) | 9901 | €4,646 | €21,162 | +€16,516 | +355% |
| Financial income | 75/76B | €537 | €276 | -€262 | -48.7% |
| Recurring financial income | 75 | €537 | €276 | -€262 | -48.7% |
| Financial charges | 65/66B | €3,525 | €3,937 | +€412 | +11.7% |
| Recurring financial charges | 65 | €3,525 | €3,937 | +€412 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €1,659 | €17,501 | +€15,842 | +955% |
| Income taxes | 67/77 | €530 | €3,392 | +€2,862 | +540% |
| Profit (loss) for the period | 9904 | €1,129 | €14,109 | +€12,980 | +1,150% |
| Profit (loss) for the period to be appropriated | 9905 | €1,129 | €14,109 | +€12,980 | +1,150% |
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 27 October 2026 via checked.be.