ERBO: 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.
ERBO
Largest movements
- Cash -€41,098
down €41,098 (-78.6%), from €52,259 to €11,161
- Receivables within one year +€12,810
up €12,810 (+30.7%), from €41,685 to €54,495
of which Trade receivables: +€33,404
- Tangible fixed assets +€7,766
up €7,766 (+35.4%), from €21,960 to €29,725
- Profit (loss) carried forward -€76,434
down €76,434 (-98.6%), from €77,484 to €1,050
- Trade debts +€46,436
up €46,436 (+214.3%), from €21,667 to €68,103
- Other debts +€9,312
new in 2024: €9,312
- Gross operating margin -€50,781
down €50,781, from €35,227 to -€15,555
- Taxes +€6,976
new in 2024: €6,976
- Depreciation +€3,854
up €3,854 (+58.1%), from €6,629 to €10,483
- Other operating charges +€674
up €674 (+24.7%), from €2,732 to €3,406
- Financial income -€620
down €620 (-43.8%), from €1,415 to €795
of which Financial income: -€620
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,903 | €98,381 | -€20,522 | -17.3% |
| Fixed assets | 21/28 | €24,960 | €32,725 | +€7,766 | +31.1% |
| Tangible fixed assets | 22/27 | €21,960 | €29,725 | +€7,766 | +35.4% |
| Furniture and vehicles | 24 | €21,960 | €29,725 | +€7,766 | +35.4% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €93,944 | €65,656 | -€28,288 | -30.1% |
| Amounts receivable within one year | 40/41 | €41,685 | €54,495 | +€12,810 | +30.7% |
| Trade receivables | 40 | €21,076 | €54,481 | +€33,404 | +158.5% |
| Other amounts receivable | 41 | €20,609 | €15 | -€20,594 | -99.9% |
| Cash at bank and in hand | 54/58 | €52,259 | €11,161 | -€41,098 | -78.6% |
| Total equity and liabilities | 10/49 | €118,903 | €98,381 | -€20,522 | -17.3% |
| Equity | 10/15 | €96,084 | €19,650 | -€76,434 | -79.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,484 | €1,050 | -€76,434 | -98.6% |
| Amounts payable | 17/49 | €22,819 | €78,731 | +€55,912 | +245.0% |
| Amounts payable within one year | 42/48 | €22,819 | €78,731 | +€55,912 | +245.0% |
| Trade debts | 44 | €21,667 | €68,103 | +€46,436 | +214.3% |
| Suppliers | 440/4 | €21,667 | €68,103 | +€46,436 | +214.3% |
| Taxes, remuneration and social security | 45 | €1,152 | €1,317 | +€164 | +14.3% |
| Taxes | 450/3 | €1,152 | €1,317 | +€164 | +14.3% |
| Other amounts payable | 47/48 | - | €9,312 | +€9,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,629 | €10,483 | +€3,854 | +58.1% |
| Other operating charges | 640/8 | €2,732 | €3,406 | +€674 | +24.7% |
| Gross operating margin | 9900 | €35,227 | -€15,555 | -€50,781 | |
| Operating profit (loss) | 9901 | €25,865 | -€29,444 | -€55,309 | |
| Financial income | 75/76B | €1,415 | €795 | -€620 | -43.8% |
| Recurring financial income | 75 | €1,415 | €795 | -€620 | -43.8% |
| Non-recurring financial income | 76B | - | €795 | +€795 | |
| Financial charges | 65/66B | €2,419 | €1,810 | -€610 | -25.2% |
| Recurring financial charges | 65 | €2,419 | €365 | -€2,055 | -84.9% |
| Non-recurring financial charges | 66B | - | €1,445 | +€1,445 | |
| Profit (loss) for the period before taxes | 9903 | €24,861 | -€30,459 | -€55,320 | |
| Income taxes | 67/77 | - | €6,976 | +€6,976 | |
| Profit (loss) for the period | 9904 | €24,861 | -€37,434 | -€62,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,861 | -€37,434 | -€62,296 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.