ERAWAN Conseils: 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.
ERAWAN Conseils
Largest movements
- Receivables within one year -€67,648
down €67,648 (-50.8%), from €133,244 to €65,595
of which Trade receivables: -€67,648
- Tangible fixed assets +€13,523
up €13,523 (+1.9%), from €702,266 to €715,789
of which Land and buildings: +€15,030
- Other debts +€67,123
up €67,123 (+32.7%), from €205,049 to €272,172
- Short-term financial debts -€43,749
down €43,749 (-100.0%), from €43,749 to €0
- Debts after one year -€43,243
down €43,243 (-7.9%), from €549,490 to €506,247
- Profit (loss) carried forward -€30,464
down €30,464 (-88.1%), from -€34,592 to -€65,056
- Gross operating margin +€80,504
up €80,504 (+500.1%), from €16,098 to €96,602
- Financial charges +€57,573
up €57,573 (+165.5%), from €34,792 to €92,364
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 | €837,178 | €788,029 | -€49,149 | -5.9% |
| Fixed assets | 21/28 | €702,266 | €715,789 | +€13,523 | +1.9% |
| Tangible fixed assets | 22/27 | €702,266 | €715,789 | +€13,523 | +1.9% |
| Land and buildings | 22 | €695,537 | €710,567 | +€15,030 | +2.2% |
| Furniture and vehicles | 24 | €6,729 | €5,222 | -€1,507 | -22.4% |
| Current assets | 29/58 | €134,912 | €72,240 | -€62,672 | -46.5% |
| Amounts receivable within one year | 40/41 | €133,244 | €65,595 | -€67,648 | -50.8% |
| Trade receivables | 40 | €87,008 | €19,360 | -€67,648 | -77.7% |
| Other amounts receivable | 41 | €46,235 | €46,235 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | €6,246 | +€6,246 | |
| Deferred charges and accrued income | 490/1 | €1,668 | €398 | -€1,270 | -76.1% |
| Total equity and liabilities | 10/49 | €837,178 | €788,029 | -€49,149 | -5.9% |
| Equity | 10/15 | -€34,492 | -€64,956 | -€30,464 | -88.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€34,592 | -€65,056 | -€30,464 | -88.1% |
| Amounts payable | 17/49 | €871,670 | €852,985 | -€18,685 | -2.1% |
| Amounts payable after more than one year | 17 | €549,490 | €506,247 | -€43,243 | -7.9% |
| Financial debts | 170/4 | €549,490 | €506,247 | -€43,243 | -7.9% |
| Amounts payable within one year | 42/48 | €322,179 | €341,867 | +€19,687 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €44,225 | €43,243 | -€982 | -2.2% |
| Financial debts | 43 | €43,749 | €0 | -€43,749 | -100.0% |
| Credit institutions | 430/8 | €43,749 | €0 | -€43,749 | -100.0% |
| Trade debts | 44 | €5,985 | €10,373 | +€4,388 | +73.3% |
| Suppliers | 440/4 | €5,985 | €10,373 | +€4,388 | +73.3% |
| Taxes, remuneration and social security | 45 | €23,170 | €16,079 | -€7,091 | -30.6% |
| Taxes | 450/3 | €23,170 | €16,079 | -€7,091 | -30.6% |
| Other amounts payable | 47/48 | €205,049 | €272,172 | +€67,123 | +32.7% |
| Accrued charges and deferred income | 492/3 | - | €4,871 | +€4,871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,660 | €26,887 | +€227 | +0.9% |
| Other operating charges | 640/8 | €6,757 | €7,659 | +€902 | +13.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €16,098 | €96,602 | +€80,504 | +500.1% |
| Operating profit (loss) | 9901 | -€17,319 | €62,056 | +€79,375 | |
| Financial income | 75/76B | €223 | €31 | -€193 | -86.3% |
| Recurring financial income | 75 | €223 | €31 | -€193 | -86.3% |
| Financial charges | 65/66B | €34,792 | €92,364 | +€57,573 | +165.5% |
| Recurring financial charges | 65 | €34,792 | €92,364 | +€57,573 | +165.5% |
| Profit (loss) for the period before taxes | 9903 | -€51,888 | -€30,278 | +€21,609 | +41.6% |
| Income taxes | 67/77 | €234 | €186 | -€48 | -20.7% |
| Profit (loss) for the period | 9904 | -€52,122 | -€30,464 | +€21,658 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,122 | -€30,464 | +€21,658 | +41.6% |
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 9 October 2026 via checked.be.