ERBITHEQUE: 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.
ERBITHEQUE
Largest movements
- Tangible fixed assets -€22,892
down €22,892 (-8.5%), from €267,931 to €245,039
of which Land and buildings: -€20,920
- Reserves -€14,509
down €14,509 (-8.8%), from €164,186 to €149,677
of which Tax-exempt reserves: -€10,694
- Provisions -€5,268
down €5,268 (-10.0%), from €52,672 to €47,404
- Gross operating margin -€5,295
down €5,295 (-23.6%), from €22,476 to €17,181
- Taxes -€1,231
down €1,231 (-32.7%), from €3,760 to €2,529
- Depreciation +€257
up €257 (+1.1%), from €22,635 to €22,892
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 | €288,335 | €268,113 | -€20,222 | -7.0% |
| Fixed assets | 21/28 | €267,931 | €245,039 | -€22,892 | -8.5% |
| Tangible fixed assets | 22/27 | €267,931 | €245,039 | -€22,892 | -8.5% |
| Land and buildings | 22 | €250,014 | €229,094 | -€20,920 | -8.4% |
| Plant, machinery and equipment | 23 | €17,917 | €15,945 | -€1,972 | -11.0% |
| Current assets | 29/58 | €20,404 | €23,074 | +€2,670 | +13.1% |
| Amounts receivable within one year | 40/41 | €1,240 | €3,095 | +€1,855 | +149.6% |
| Other amounts receivable | 41 | €1,240 | €3,095 | +€1,855 | +149.6% |
| Cash at bank and in hand | 54/58 | €18,264 | €19,979 | +€1,715 | +9.4% |
| Deferred charges and accrued income | 490/1 | €900 | - | -€900 | |
| Total equity and liabilities | 10/49 | €288,335 | €268,113 | -€20,222 | -7.0% |
| Equity | 10/15 | €227,663 | €213,159 | -€14,504 | -6.4% |
| Contributions | 10/11 | €61,973 | €61,974 | +€1 | 0.0% |
| Reserves | 13 | €164,186 | €149,677 | -€14,509 | -8.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,939 | €96,245 | -€10,694 | -10.0% |
| Distributable reserves | 133 | €51,050 | €47,235 | -€3,815 | -7.5% |
| Profit (loss) carried forward | 14 | €1,504 | €1,508 | +€4 | +0.3% |
| Provisions and deferred taxes | 16 | €52,672 | €47,404 | -€5,268 | -10.0% |
| Deferred taxes | 168 | €52,672 | €47,404 | -€5,268 | -10.0% |
| Amounts payable | 17/49 | €8,000 | €7,550 | -€450 | -5.6% |
| Amounts payable within one year | 42/48 | €8,000 | €7,450 | -€550 | -6.9% |
| Other amounts payable | 47/48 | €8,000 | €7,450 | -€550 | -6.9% |
| Accrued charges and deferred income | 492/3 | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,635 | €22,892 | +€257 | +1.1% |
| Other operating charges | 640/8 | €3,775 | €3,895 | +€120 | +3.2% |
| Gross operating margin | 9900 | €22,476 | €17,181 | -€5,295 | -23.6% |
| Operating profit (loss) | 9901 | -€3,934 | -€9,606 | -€5,672 | -144.2% |
| Financial charges | 65/66B | €186 | €187 | +€1 | +0.5% |
| Recurring financial charges | 65 | €186 | €187 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,120 | -€9,793 | -€5,673 | -137.7% |
| Transfer from deferred taxes | 780 | €5,267 | €5,267 | = | 0.0% |
| Income taxes | 67/77 | €3,760 | €2,529 | -€1,231 | -32.7% |
| Profit (loss) for the period | 9904 | -€2,613 | -€7,055 | -€4,442 | -170.0% |
| Transfer from tax-exempt reserves | 789 | €10,694 | €10,694 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,081 | €3,639 | -€4,442 | -55.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.