ERBA GROUP: 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.
ERBA GROUP
Largest movements
- Receivables within one year +€350,677
up €350,677 (+245%), from €143,356 to €494,033
of which Trade receivables: +€324,335
- Financial fixed assets -€46,500
down €46,500 (-97.1%), from €47,885 to €1,385
- Cash -€23,364
down €23,364 (-25.8%), from €90,430 to €67,066
mainly Receivables within one year (-€350,677) and Advances received (-€108,729)
- Trade debts +€335,156
up €335,156 (+197%), from €170,309 to €505,465
- Advances received -€108,729
down €108,729 (-99.0%), from €109,871 to €1,143
- Debts after one year -€64,278
down €64,278 (-32.1%), from €200,309 to €136,031
- Tax, wage and social debts +€54,732
up €54,732 (+54.7%), from €99,978 to €154,710
of which Remuneration and social security: +€28,353
- Reserves +€52,084
up €52,084 (+39.4%), from €132,128 to €184,212
of which Distributable reserves: +€52,084
- Staff costs +€22,509
up €22,509 (+6.0%), from €374,026 to €396,534
- Financial charges +€19,735
up €19,735 (+83.7%), from €23,569 to €43,304
- Taxes -€10,778
down €10,778 (-36.1%), from €29,855 to €19,077
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 | €1,017,195 | €1,286,448 | +€269,253 | +26.5% |
| Fixed assets | 21/28 | €248,492 | €198,469 | -€50,023 | -20.1% |
| Tangible fixed assets | 22/27 | €200,607 | €197,084 | -€3,523 | -1.8% |
| Plant, machinery and equipment | 23 | €90,453 | €84,553 | -€5,900 | -6.5% |
| Furniture and vehicles | 24 | €11,927 | €7,464 | -€4,463 | -37.4% |
| Other tangible fixed assets | 26 | €98,227 | €105,067 | +€6,840 | +7.0% |
| Financial fixed assets | 28 | €47,885 | €1,385 | -€46,500 | -97.1% |
| Current assets | 29/58 | €768,703 | €1,087,979 | +€319,276 | +41.5% |
| Stocks and contracts in progress | 3 | €533,273 | €525,236 | -€8,037 | -1.5% |
| Stocks | 30/36 | €533,273 | €525,236 | -€8,037 | -1.5% |
| Amounts receivable within one year | 40/41 | €143,356 | €494,033 | +€350,677 | +245% |
| Trade receivables | 40 | €1,705 | €326,039 | +€324,335 | +19,024% |
| Other amounts receivable | 41 | €141,652 | €167,994 | +€26,342 | +18.6% |
| Cash at bank and in hand | 54/58 | €90,430 | €67,066 | -€23,364 | -25.8% |
| Deferred charges and accrued income | 490/1 | €1,644 | €1,644 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,017,195 | €1,286,448 | +€269,253 | +26.5% |
| Equity | 10/15 | €198,328 | €250,412 | +€52,084 | +26.3% |
| Contributions | 10/11 | €66,200 | €66,200 | = | 0.0% |
| Reserves | 13 | €132,128 | €184,212 | +€52,084 | +39.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €130,268 | €182,352 | +€52,084 | +40.0% |
| Amounts payable | 17/49 | €818,867 | €1,036,037 | +€217,170 | +26.5% |
| Amounts payable after more than one year | 17 | €200,309 | €136,031 | -€64,278 | -32.1% |
| Financial debts | 170/4 | €200,309 | €136,031 | -€64,278 | -32.1% |
| Amounts payable within one year | 42/48 | €584,808 | €866,256 | +€281,447 | +48.1% |
| Current portion of amounts payable after more than one year | 42 | €53,261 | €52,999 | -€262 | -0.5% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €170,309 | €505,465 | +€335,156 | +197% |
| Suppliers | 440/4 | €170,309 | €505,465 | +€335,156 | +197% |
| Advances received on contracts in progress | 46 | €109,871 | €1,143 | -€108,729 | -99.0% |
| Taxes, remuneration and social security | 45 | €99,978 | €154,710 | +€54,732 | +54.7% |
| Taxes | 450/3 | €32,448 | €58,827 | +€26,379 | +81.3% |
| Remuneration and social security | 454/9 | €67,530 | €95,883 | +€28,353 | +42.0% |
| Other amounts payable | 47/48 | €1,389 | €1,939 | +€550 | +39.6% |
| Accrued charges and deferred income | 492/3 | €33,750 | €33,750 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €374,026 | €396,534 | +€22,509 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,361 | €36,260 | -€101 | -0.3% |
| Other operating charges | 640/8 | €4,569 | €6,766 | +€2,197 | +48.1% |
| Gross operating margin | 9900 | €546,682 | €551,160 | +€4,478 | +0.8% |
| Operating profit (loss) | 9901 | €131,726 | €111,599 | -€20,127 | -15.3% |
| Financial income | 75/76B | €247 | €2,866 | +€2,618 | +1,059% |
| Recurring financial income | 75 | €247 | €2,866 | +€2,618 | +1,059% |
| Financial charges | 65/66B | €23,569 | €43,304 | +€19,735 | +83.7% |
| Recurring financial charges | 65 | €23,569 | €43,304 | +€19,735 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | €108,404 | €71,161 | -€37,244 | -34.4% |
| Income taxes | 67/77 | €29,855 | €19,077 | -€10,778 | -36.1% |
| Profit (loss) for the period | 9904 | €78,550 | €52,084 | -€26,466 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €78,550 | €52,084 | -€26,466 | -33.7% |
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 19 October 2026 via checked.be.