ERANN: 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.
ERANN
Largest movements
- Receivables within one year -€58,134
down €58,134 (-56.9%), from €102,096 to €43,962
of which Other amounts receivable: -€58,733
- Cash -€17,523
down €17,523 (-77.9%), from €22,504 to €4,981
mainly Net result for the year (-€31,102) and Debts after one year (-€30,000)
- Deferred charges and accrued income -€8,028
down €8,028 (-82.7%), from €9,712 to €1,684
- Tangible fixed assets +€7,530
up €7,530 (+9.5%), from €79,352 to €86,882
of which Furniture and vehicles: +€10,006
- Profit (loss) carried forward -€31,102
new in 2025: -€31,102
- Debts after one year -€30,000
no longer reported in 2025 (was €30,000)
- Tax, wage and social debts -€10,187
down €10,187 (-84.8%), from €12,014 to €1,827
- Other debts -€3,783
down €3,783 (-55.8%), from €6,783 to €3,000
- Financial charges +€98,631
up €98,631 (+5156.3%), from €1,913 to €100,544
- Taxes -€27,833
down €27,833 (-97.7%), from €28,485 to €652
- Financial income -€8,476
down €8,476 (-99.9%), from €8,485 to €9
- Gross operating margin -€6,146
down €6,146 (-7.5%), from €82,292 to €76,146
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 | €298,663 | €222,509 | -€76,155 | -25.5% |
| Fixed assets | 21/28 | €94,352 | €101,882 | +€7,530 | +8.0% |
| Tangible fixed assets | 22/27 | €79,352 | €86,882 | +€7,530 | +9.5% |
| Plant, machinery and equipment | 23 | €7,300 | €4,825 | -€2,476 | -33.9% |
| Furniture and vehicles | 24 | €6,166 | €16,171 | +€10,006 | +162.3% |
| Other tangible fixed assets | 26 | €65,886 | €65,886 | = | 0.0% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €204,311 | €120,627 | -€83,685 | -41.0% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €102,096 | €43,962 | -€58,134 | -56.9% |
| Trade receivables | 40 | €16,656 | €17,255 | +€599 | +3.6% |
| Other amounts receivable | 41 | €85,440 | €26,707 | -€58,733 | -68.7% |
| Cash at bank and in hand | 54/58 | €22,504 | €4,981 | -€17,523 | -77.9% |
| Deferred charges and accrued income | 490/1 | €9,712 | €1,684 | -€8,028 | -82.7% |
| Total equity and liabilities | 10/49 | €298,663 | €222,509 | -€76,155 | -25.5% |
| Equity | 10/15 | €248,500 | €217,398 | -€31,102 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229,900 | €229,900 | = | 0.0% |
| Distributable reserves | 133 | €229,900 | €229,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€31,102 | -€31,102 | |
| Amounts payable | 17/49 | €50,163 | €5,110 | -€45,053 | -89.8% |
| Amounts payable after more than one year | 17 | €30,000 | - | -€30,000 | |
| Financial debts | 170/4 | €30,000 | - | -€30,000 | |
| Amounts payable within one year | 42/48 | €19,928 | €5,110 | -€14,818 | -74.4% |
| Trade debts | 44 | €1,132 | €283 | -€848 | -75.0% |
| Suppliers | 440/4 | €1,132 | €283 | -€848 | -75.0% |
| Taxes, remuneration and social security | 45 | €12,014 | €1,827 | -€10,187 | -84.8% |
| Taxes | 450/3 | €12,014 | €1,827 | -€10,187 | -84.8% |
| Other amounts payable | 47/48 | €6,783 | €3,000 | -€3,783 | -55.8% |
| Accrued charges and deferred income | 492/3 | €235 | - | -€235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,244 | €5,344 | +€99 | +1.9% |
| Other operating charges | 640/8 | €994 | €718 | -€276 | -27.8% |
| Gross operating margin | 9900 | €82,292 | €76,146 | -€6,146 | -7.5% |
| Operating profit (loss) | 9901 | €76,054 | €70,085 | -€5,969 | -7.8% |
| Financial income | 75/76B | €8,485 | €9 | -€8,476 | -99.9% |
| Recurring financial income | 75 | €8,485 | €9 | -€8,476 | -99.9% |
| Financial charges | 65/66B | €1,913 | €100,544 | +€98,631 | +5156.3% |
| Recurring financial charges | 65 | €1,913 | €100,544 | +€98,631 | +5156.3% |
| Profit (loss) for the period before taxes | 9903 | €82,626 | -€30,450 | -€113,076 | |
| Income taxes | 67/77 | €28,485 | €652 | -€27,833 | -97.7% |
| Profit (loss) for the period | 9904 | €54,141 | -€31,102 | -€85,243 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,141 | -€31,102 | -€85,243 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.