ERBEKO: 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.
ERBEKO
Largest movements
- Tangible fixed assets -€24,678
down €24,678 (-5.0%), from €489,501 to €464,822
- Debts after one year -€45,028
down €45,028 (-14.7%), from €305,428 to €260,401
- Reserves +€16,914
up €16,914 (+57.8%), from €29,287 to €46,201
of which Distributable reserves: +€18,421
- Gross operating margin +€4,373
up €4,373 (+6.5%), from €67,453 to €71,827
- Purchases and services -€3,206
no longer reported in 2023 (was €3,206)
- Taxes +€1,910
up €1,910 (+28.6%), from €6,671 to €8,582
- Financial charges -€1,703
down €1,703 (-9.0%), from €18,854 to €17,151
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €744,813 | €720,145 | -€24,668 | -3.3% |
| Fixed assets | 21/28 | €489,501 | €464,822 | -€24,678 | -5.0% |
| Tangible fixed assets | 22/27 | €489,501 | €464,822 | -€24,678 | -5.0% |
| Land and buildings | 22 | €489,501 | €464,822 | -€24,678 | -5.0% |
| Current assets | 29/58 | €255,313 | €255,323 | +€10 | 0.0% |
| Amounts receivable within one year | 40/41 | €1,899 | - | -€1,899 | |
| Trade receivables | 40 | €1,899 | - | -€1,899 | |
| Cash at bank and in hand | 54/58 | €251,934 | €250,680 | -€1,255 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,480 | €4,643 | +€3,164 | +213.8% |
| Total equity and liabilities | 10/49 | €744,813 | €720,145 | -€24,668 | -3.3% |
| Equity | 10/15 | €354,249 | €372,670 | +€18,421 | +5.2% |
| Contributions | 10/11 | €326,469 | €326,469 | = | 0.0% |
| Outside capital | 11 | €326,469 | - | -€326,469 | |
| Other | 1109/19 | €326,469 | - | -€326,469 | |
| Reserves | 13 | €29,287 | €46,201 | +€16,914 | +57.8% |
| Non-distributable reserves | 130/1 | €6,186 | €4,679 | -€1,507 | -24.4% |
| Reserves not available under the articles | 1311 | €6,186 | €4,679 | -€1,507 | -24.4% |
| Distributable reserves | 133 | €23,100 | €41,522 | +€18,421 | +79.7% |
| Profit (loss) carried forward | 14 | -€1,507 | - | +€1,507 | |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €380,565 | €337,475 | -€43,089 | -11.3% |
| Amounts payable after more than one year | 17 | €305,428 | €260,401 | -€45,028 | -14.7% |
| Financial debts | 170/4 | €305,428 | €260,401 | -€45,028 | -14.7% |
| Amounts payable within one year | 42/48 | €73,913 | €75,609 | +€1,697 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €42,991 | €45,028 | +€2,036 | +4.7% |
| Taxes, remuneration and social security | 45 | €921 | €582 | -€340 | -36.9% |
| Taxes | 450/3 | €921 | €582 | -€340 | -36.9% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,224 | €1,466 | +€242 | +19.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,206 | - | -€3,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,678 | €24,678 | = | 0.0% |
| Other operating charges | 640/8 | €2,936 | €2,995 | +€58 | +2.0% |
| Gross operating margin | 9900 | €67,453 | €71,827 | +€4,373 | +6.5% |
| Operating profit (loss) | 9901 | €39,839 | €44,154 | +€4,315 | +10.8% |
| Financial charges | 65/66B | €18,854 | €17,151 | -€1,703 | -9.0% |
| Recurring financial charges | 65 | €18,854 | €17,151 | -€1,703 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €20,984 | €27,003 | +€6,018 | +28.7% |
| Income taxes | 67/77 | €6,671 | €8,582 | +€1,910 | +28.6% |
| Profit (loss) for the period | 9904 | €14,313 | €18,421 | +€4,108 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,313 | €18,421 | +€4,108 | +28.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.