Erasenzoon: 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.
Erasenzoon
Largest movements
- Cash +€37,292
up €37,292 (+120%), from €31,163 to €68,455
mainly Receivables within one year (+€10,095) and Stocks and contracts (+€9,696)
- Receivables within one year -€10,095
down €10,095 (-82.7%), from €12,205 to €2,110
of which Trade receivables: -€10,205
- Stocks and contracts -€9,696
down €9,696 (-18.9%), from €51,266 to €41,570
- Reserves +€8,866
up €8,866 (+113%), from €7,868 to €16,734
- Tax, wage and social debts +€5,263
up €5,263 (+115%), from €4,563 to €9,825
of which Remuneration and social security: +€3,100
- Accrued charges and deferred income +€3,000
up €3,000 (+214%), from €1,403 to €4,403
- Trade debts +€1,168
up €1,168 (+146%), from €801 to €1,969
- Gross operating margin +€3,359
up €3,359 (+29.8%), from €11,263 to €14,622
- Financial charges +€1,729
up €1,729 (+123%), from €1,404 to €3,132
- Depreciation +€266
new in 2025: €266
- Taxes +€190
up €190 (+9.5%), from €2,013 to €2,203
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 | €94,634 | €112,931 | +€18,297 | +19.3% |
| Fixed assets | 21/28 | - | €532 | +€532 | |
| Tangible fixed assets | 22/27 | - | €532 | +€532 | |
| Plant, machinery and equipment | 23 | - | €532 | +€532 | |
| Current assets | 29/58 | €94,634 | €112,399 | +€17,765 | +18.8% |
| Stocks and contracts in progress | 3 | €51,266 | €41,570 | -€9,696 | -18.9% |
| Stocks | 30/36 | €51,266 | €41,570 | -€9,696 | -18.9% |
| Amounts receivable within one year | 40/41 | €12,205 | €2,110 | -€10,095 | -82.7% |
| Trade receivables | 40 | €11,391 | €1,187 | -€10,205 | -89.6% |
| Other amounts receivable | 41 | €814 | €923 | +€109 | +13.4% |
| Cash at bank and in hand | 54/58 | €31,163 | €68,455 | +€37,292 | +120% |
| Deferred charges and accrued income | 490/1 | - | €264 | +€264 | |
| Total equity and liabilities | 10/49 | €94,634 | €112,931 | +€18,297 | +19.3% |
| Equity | 10/15 | €12,868 | €21,734 | +€8,866 | +68.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,868 | €16,734 | +€8,866 | +113% |
| Distributable reserves | 133 | €7,868 | €16,734 | +€8,866 | +113% |
| Amounts payable | 17/49 | €81,766 | €91,197 | +€9,431 | +11.5% |
| Amounts payable within one year | 42/48 | €80,364 | €86,795 | +€6,431 | +8.0% |
| Trade debts | 44 | €801 | €1,969 | +€1,168 | +146% |
| Suppliers | 440/4 | €801 | €1,969 | +€1,168 | +146% |
| Taxes, remuneration and social security | 45 | €4,563 | €9,825 | +€5,263 | +115% |
| Taxes | 450/3 | €4,563 | €6,725 | +€2,163 | +47.4% |
| Remuneration and social security | 454/9 | - | €3,100 | +€3,100 | |
| Other amounts payable | 47/48 | €75,000 | €75,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,403 | €4,403 | +€3,000 | +214% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €266 | +€266 | |
| Other operating charges | 640/8 | €392 | €495 | +€104 | +26.5% |
| Gross operating margin | 9900 | €11,263 | €14,622 | +€3,359 | +29.8% |
| Operating profit (loss) | 9901 | €10,871 | €13,860 | +€2,989 | +27.5% |
| Financial income | 75/76B | €413 | €341 | -€72 | -17.4% |
| Recurring financial income | 75 | €413 | €341 | -€72 | -17.4% |
| Financial charges | 65/66B | €1,404 | €3,132 | +€1,729 | +123% |
| Recurring financial charges | 65 | €1,404 | €3,132 | +€1,729 | +123% |
| Profit (loss) for the period before taxes | 9903 | €9,880 | €11,069 | +€1,189 | +12.0% |
| Income taxes | 67/77 | €2,013 | €2,203 | +€190 | +9.5% |
| Profit (loss) for the period | 9904 | €7,868 | €8,866 | +€998 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,868 | €8,866 | +€998 | +12.7% |
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 17 October 2026 via checked.be.