ERC BETON: 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.
ERC BETON
Largest movements
- Deferred charges and accrued income -€20,643
down €20,643 (-96.4%), from €21,417 to €774
- Tangible fixed assets +€17,981
up €17,981 (+200%), from €8,996 to €26,977
of which Furniture and vehicles: +€18,781
- Cash +€12,709
up €12,709 (+68.1%), from €18,666 to €31,375
mainly Deferred charges and accrued income (+€20,643) and Depreciation (+€10,922)
- Receivables within one year +€4,714
up €4,714 (+8.6%), from €54,740 to €59,454
of which Other amounts receivable: +€3,111
- Tax, wage and social debts +€6,867
up €6,867 (+284%), from €2,421 to €9,287
of which Remuneration and social security: +€7,685
- Other debts +€6,678
up €6,678 (+12.4%), from €53,780 to €60,459
- Profit (loss) carried forward +€3,835
up €3,835 (+436%), from €880 to €4,715
- Trade debts -€2,618
down €2,618 (-8.0%), from €32,653 to €30,035
- Staff costs -€28,680
down €28,680 (-32.3%), from €88,852 to €60,172
- Gross operating margin -€25,394
down €25,394 (-24.2%), from €105,119 to €79,725
- Depreciation +€5,429
up €5,429 (+98.8%), from €5,493 to €10,922
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,994 | €118,757 | +€14,762 | +14.2% |
| Fixed assets | 21/28 | €9,172 | €27,153 | +€17,981 | +196% |
| Tangible fixed assets | 22/27 | €8,996 | €26,977 | +€17,981 | +200% |
| Plant, machinery and equipment | 23 | €2,038 | €1,238 | -€800 | -39.2% |
| Furniture and vehicles | 24 | €6,957 | €25,739 | +€18,781 | +270% |
| Financial fixed assets | 28 | €176 | €176 | = | 0.0% |
| Current assets | 29/58 | €94,822 | €91,603 | -€3,219 | -3.4% |
| Amounts receivable within one year | 40/41 | €54,740 | €59,454 | +€4,714 | +8.6% |
| Trade receivables | 40 | €54,740 | €56,343 | +€1,604 | +2.9% |
| Other amounts receivable | 41 | - | €3,111 | +€3,111 | |
| Cash at bank and in hand | 54/58 | €18,666 | €31,375 | +€12,709 | +68.1% |
| Deferred charges and accrued income | 490/1 | €21,417 | €774 | -€20,643 | -96.4% |
| Total equity and liabilities | 10/49 | €103,994 | €118,757 | +€14,762 | +14.2% |
| Equity | 10/15 | €15,140 | €18,975 | +€3,835 | +25.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €880 | €4,715 | +€3,835 | +436% |
| Amounts payable | 17/49 | €88,854 | €99,782 | +€10,927 | +12.3% |
| Amounts payable within one year | 42/48 | €88,854 | €99,782 | +€10,927 | +12.3% |
| Trade debts | 44 | €32,653 | €30,035 | -€2,618 | -8.0% |
| Suppliers | 440/4 | €32,653 | €30,035 | -€2,618 | -8.0% |
| Taxes, remuneration and social security | 45 | €2,421 | €9,287 | +€6,867 | +284% |
| Taxes | 450/3 | €1,421 | €603 | -€818 | -57.6% |
| Remuneration and social security | 454/9 | €1,000 | €8,685 | +€7,685 | +768% |
| Other amounts payable | 47/48 | €53,780 | €60,459 | +€6,678 | +12.4% |
| Remuneration, social security and pensions | 62 | €88,852 | €60,172 | -€28,680 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,493 | €10,922 | +€5,429 | +98.8% |
| Other operating charges | 640/8 | €1,711 | €1,524 | -€187 | -10.9% |
| Gross operating margin | 9900 | €105,119 | €79,725 | -€25,394 | -24.2% |
| Operating profit (loss) | 9901 | €9,063 | €7,107 | -€1,956 | -21.6% |
| Financial income | 75/76B | €222 | €14 | -€208 | -93.9% |
| Recurring financial income | 75 | €222 | €14 | -€208 | -93.9% |
| Financial charges | 65/66B | €3,031 | €2,998 | -€33 | -1.1% |
| Recurring financial charges | 65 | €3,031 | €2,998 | -€33 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €6,254 | €4,123 | -€2,131 | -34.1% |
| Income taxes | 67/77 | €238 | €288 | +€50 | +20.9% |
| Profit (loss) for the period | 9904 | €6,016 | €3,835 | -€2,181 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,016 | €3,835 | -€2,181 | -36.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.