ERBA HOLDING: 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.
What changed
ERBA HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€265,268
2024 · -€635,147+€369,879
Equity
€4.1m
2024 · €4.3m-€265,268
Cash
€19,599
2024 · €37,774-€18,175
Balance sheet total
€4.4m
2024 · €4.7m-€287,347
Largest movements
Assets
- Tangible fixed assets -€139,046
down €139,046 (-3.1%), from €4.5m to €4.4m
of which Land and buildings: -€142,687
- Receivables within one year -€130,789
down €130,789 (-93.4%), from €140,034 to €9,245
of which Trade receivables: -€131,724
Equity and liabilities
- Profit (loss) carried forward -€265,268
down €265,268 (-9.6%), from €2.8m to €2.5m
Income statement
- Turnover -€173,537
down €173,537 (-70.7%), from €245,527 to €71,990
- Staff costs -€101,631
down €101,631 (-55.7%), from €182,531 to €80,900
- Write-downs -€72,090
down €72,090 (-93.7%), from €76,930 to €4,840
- Gross operating margin -€63,194
down €63,194 (-55.9%), from €113,068 to €49,874
- Other operating charges +€41,625
up €41,625 (+172%), from €24,213 to €65,838
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.
Result 2024
-€635,147
Gross operating margin
-€63,194
Staff costs
+€101,631
Depreciation
-€876
Write-downs
+€72,090
Other operating charges
-€41,625
Other operating items
+€330,560
Financial income
-€30,717
Financial charges
-€1,926
Taxes
+€3,936
Result 2025
-€265,268
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€11,929
Investment
-€6,246
Financing
€0
Cash 2024
€37,774
From operations (derived)
-€11,929
Net result for the year
-€265,268
Depreciation
+€144,629
Receivables within one year
+€130,789
Trade debts
-€9,690
Tax, wage and social debts
-€33,252
Other debts
-€15
Accrued charges and deferred income
+€20,878
Investment (derived)
-€6,246
Investment in fixed assets (net)
-€6,246
Cash 2025
€19,599
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,680,706 | €4,393,359 | -€287,347 | -6.1% |
| Fixed assets | 21/28 | €4,502,898 | €4,364,515 | -€138,383 | -3.1% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €4,496,348 | €4,357,302 | -€139,046 | -3.1% |
| Land and buildings | 22 | €4,493,625 | €4,350,938 | -€142,687 | -3.2% |
| Furniture and vehicles | 24 | €2,723 | €6,364 | +€3,641 | +134% |
| Financial fixed assets | 28 | €6,550 | €7,213 | +€663 | +10.1% |
| Current assets | 29/58 | €177,808 | €28,844 | -€148,964 | -83.8% |
| Amounts receivable within one year | 40/41 | €140,034 | €9,245 | -€130,789 | -93.4% |
| Trade receivables | 40 | €131,751 | €27 | -€131,724 | -100.0% |
| Other amounts receivable | 41 | €8,283 | €9,218 | +€935 | +11.3% |
| Cash at bank and in hand | 54/58 | €37,774 | €19,599 | -€18,175 | -48.1% |
| Total equity and liabilities | 10/49 | €4,680,706 | €4,393,359 | -€287,347 | -6.1% |
| Equity | 10/15 | €4,323,517 | €4,058,249 | -€265,268 | -6.1% |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Capital | 10 | €1,300,000 | €1,300,000 | = | 0.0% |
| Issued capital | 100 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | €271,954 | €271,954 | = | 0.0% |
| Non-distributable reserves | 130/1 | €271,954 | €271,954 | = | 0.0% |
| Legal reserve | 130 | €271,954 | €271,954 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,751,563 | €2,486,295 | -€265,268 | -9.6% |
| Amounts payable | 17/49 | €357,189 | €335,110 | -€22,079 | -6.2% |
| Amounts payable within one year | 42/48 | €357,189 | €314,232 | -€42,957 | -12.0% |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Other loans | 439 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €13,390 | €3,700 | -€9,690 | -72.4% |
| Suppliers | 440/4 | €13,390 | €3,700 | -€9,690 | -72.4% |
| Taxes, remuneration and social security | 45 | €34,252 | €1,000 | -€33,252 | -97.1% |
| Taxes | 450/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration and social security | 454/9 | €33,252 | - | -€33,252 | |
| Other amounts payable | 47/48 | €9,547 | €9,532 | -€15 | -0.2% |
| Accrued charges and deferred income | 492/3 | - | €20,878 | +€20,878 | |
| Turnover | 70 | €245,527 | €71,990 | -€173,537 | -70.7% |
| Non-recurring operating income | 76A | €1,175 | €78,130 | +€76,955 | +6,549% |
| Goods, raw materials, services and sundry goods | 60/61 | €133,634 | €100,246 | -€33,388 | -25.0% |
| Remuneration, social security and pensions | 62 | €182,531 | €80,900 | -€101,631 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,753 | €144,629 | +€876 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €76,930 | €4,840 | -€72,090 | -93.7% |
| Other operating charges | 640/8 | €24,213 | €65,838 | +€41,625 | +172% |
| Non-recurring operating charges | 66A | €330,560 | - | -€330,560 | |
| Gross operating margin | 9900 | €113,068 | €49,874 | -€63,194 | -55.9% |
| Operating profit (loss) | 9901 | -€644,919 | -€246,333 | +€398,586 | +61.8% |
| Financial income | 75/76B | €30,717 | - | -€30,717 | |
| Recurring financial income | 75 | €30,717 | - | -€30,717 | |
| Non-recurring financial income | 76B | €30,717 | - | -€30,717 | |
| Financial charges | 65/66B | €15,896 | €17,822 | +€1,926 | +12.1% |
| Recurring financial charges | 65 | €15,896 | €17,822 | +€1,926 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | -€630,098 | -€264,155 | +€365,943 | +58.1% |
| Income taxes | 67/77 | €5,049 | €1,113 | -€3,936 | -78.0% |
| Profit (loss) for the period | 9904 | -€635,147 | -€265,268 | +€369,879 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€635,147 | -€265,268 | +€369,879 | +58.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.