ERCCON GROUP: 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.
ERCCON GROUP
Largest movements
- Receivables within one year +€12,100
new in 2025: €12,100
- Cash +€10,192
up €10,192 (+45.6%), from €22,337 to €32,528
mainly Net result for the year (+€12,107) and Tax, wage and social debts (+€6,949)
- Tangible fixed assets -€1,104
down €1,104 (-51.5%), from €2,144 to €1,040
- Reserves +€8,099
up €8,099 (+41.4%), from €19,554 to €27,653
- Tax, wage and social debts +€6,949
new in 2025: €6,949
- Profit (loss) carried forward +€4,008
no longer reported in 2025 (was -€4,008)
- Other debts +€1,500
up €1,500 (+38.1%), from €3,935 to €5,435
- Trade debts +€632
new in 2025: €632
- Gross operating margin +€19,398
up €19,398, from -€2,786 to €16,612
- Taxes +€2,700
new in 2025: €2,700
- Other operating charges +€402
up €402 (+340.4%), from €118 to €520
- Financial charges +€181
new in 2025: €181
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 | €24,481 | €45,668 | +€21,188 | +86.5% |
| Fixed assets | 21/28 | €2,144 | €1,040 | -€1,104 | -51.5% |
| Tangible fixed assets | 22/27 | €2,144 | €1,040 | -€1,104 | -51.5% |
| Furniture and vehicles | 24 | €2,144 | €1,040 | -€1,104 | -51.5% |
| Current assets | 29/58 | €22,337 | €44,628 | +€22,292 | +99.8% |
| Amounts receivable within one year | 40/41 | - | €12,100 | +€12,100 | |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Cash at bank and in hand | 54/58 | €22,337 | €32,528 | +€10,192 | +45.6% |
| Total equity and liabilities | 10/49 | €24,481 | €45,668 | +€21,188 | +86.5% |
| Equity | 10/15 | €20,546 | €32,653 | +€12,107 | +58.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,554 | €27,653 | +€8,099 | +41.4% |
| Distributable reserves | 133 | €19,554 | €27,653 | +€8,099 | +41.4% |
| Profit (loss) carried forward | 14 | -€4,008 | - | +€4,008 | |
| Amounts payable | 17/49 | €3,935 | €13,016 | +€9,081 | +230.8% |
| Amounts payable within one year | 42/48 | €3,935 | €13,016 | +€9,081 | +230.8% |
| Trade debts | 44 | - | €632 | +€632 | |
| Suppliers | 440/4 | - | €632 | +€632 | |
| Taxes, remuneration and social security | 45 | - | €6,949 | +€6,949 | |
| Taxes | 450/3 | - | €6,949 | +€6,949 | |
| Other amounts payable | 47/48 | €3,935 | €5,435 | +€1,500 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,104 | €1,104 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340.4% |
| Gross operating margin | 9900 | -€2,786 | €16,612 | +€19,398 | |
| Operating profit (loss) | 9901 | -€4,008 | €14,988 | +€18,996 | |
| Financial charges | 65/66B | - | €181 | +€181 | |
| Recurring financial charges | 65 | - | €181 | +€181 | |
| Profit (loss) for the period before taxes | 9903 | -€4,008 | €14,807 | +€18,814 | |
| Income taxes | 67/77 | - | €2,700 | +€2,700 | |
| Profit (loss) for the period | 9904 | -€4,008 | €12,107 | +€16,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,008 | €12,107 | +€16,115 |
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 12 October 2026 via checked.be.