ERBEVA: 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.
ERBEVA
Largest movements
- Cash -€13,051
down €13,051 (-6.5%), from €201,678 to €188,627
mainly Contributions, distributions and other (-€18,550) and Debts after one year (-€5,678)
- Tangible fixed assets -€6,743
down €6,743 (-3.8%), from €178,891 to €172,148
of which Land and buildings: -€7,695
- Contributions -€18,550
down €18,550 (-4.4%), from €421,623 to €403,073
of which Outside capital: -€421,623
- Debts after one year -€5,678
down €5,678 (-16.0%), from €35,421 to €29,744
- Profit (loss) carried forward +€4,427
up €4,427 (+5.1%), from -€86,008 to -€81,581
- Gross operating margin +€4,819
up €4,819 (+39.4%), from €12,236 to €17,055
- Depreciation +€930
up €930 (+11.6%), from €8,019 to €8,949
- Financial charges -€359
down €359 (-14.2%), from €2,532 to €2,172
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 | €380,570 | €360,775 | -€19,795 | -5.2% |
| Fixed assets | 21/28 | €178,891 | €172,148 | -€6,743 | -3.8% |
| Tangible fixed assets | 22/27 | €178,891 | €172,148 | -€6,743 | -3.8% |
| Land and buildings | 22 | €177,270 | €169,575 | -€7,695 | -4.3% |
| Plant, machinery and equipment | 23 | €1,621 | €1,297 | -€324 | -20.0% |
| Furniture and vehicles | 24 | €0 | €1,276 | +€1,276 | |
| Current assets | 29/58 | €201,678 | €188,627 | -€13,051 | -6.5% |
| Cash at bank and in hand | 54/58 | €201,678 | €188,627 | -€13,051 | -6.5% |
| Total equity and liabilities | 10/49 | €380,570 | €360,775 | -€19,795 | -5.2% |
| Equity | 10/15 | €335,883 | €321,760 | -€14,123 | -4.2% |
| Contributions | 10/11 | €421,623 | €403,073 | -€18,550 | -4.4% |
| Capital | 10 | €0 | - | = | |
| Outside capital | 11 | €421,623 | - | -€421,623 | |
| Other | 1109/19 | €421,623 | - | -€421,623 | |
| Reserves | 13 | €269 | €269 | = | 0.0% |
| Non-distributable reserves | 130/1 | €269 | €269 | = | 0.0% |
| Legal reserve | 130 | €269 | - | -€269 | |
| Reserves not available under the articles | 1311 | - | €269 | +€269 | |
| Profit (loss) carried forward | 14 | -€86,008 | -€81,581 | +€4,427 | +5.1% |
| Amounts payable | 17/49 | €44,686 | €39,015 | -€5,672 | -12.7% |
| Amounts payable after more than one year | 17 | €35,421 | €29,744 | -€5,678 | -16.0% |
| Financial debts | 170/4 | €35,421 | €29,744 | -€5,678 | -16.0% |
| Amounts payable within one year | 42/48 | €9,265 | €9,271 | +€6 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €5,454 | €5,678 | +€224 | +4.1% |
| Trade debts | 44 | €411 | €417 | +€6 | +1.4% |
| Suppliers | 440/4 | €411 | €417 | +€6 | +1.4% |
| Other amounts payable | 47/48 | €3,400 | €3,176 | -€224 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,019 | €8,949 | +€930 | +11.6% |
| Other operating charges | 640/8 | €1,506 | €1,567 | +€61 | +4.0% |
| Gross operating margin | 9900 | €12,236 | €17,055 | +€4,819 | +39.4% |
| Operating profit (loss) | 9901 | €2,711 | €6,539 | +€3,828 | +141.2% |
| Financial income | 75/76B | - | €61 | +€61 | |
| Recurring financial income | 75 | - | €61 | +€61 | |
| Financial charges | 65/66B | €2,532 | €2,172 | -€359 | -14.2% |
| Recurring financial charges | 65 | €2,532 | €2,172 | -€359 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €179 | €4,427 | +€4,248 | +2370.7% |
| Profit (loss) for the period | 9904 | €179 | €4,427 | +€4,248 | +2370.7% |
| Profit (loss) for the period to be appropriated | 9905 | €179 | €4,427 | +€4,248 | +2370.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.