ERCIYES: 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.
ERCIYES
Largest movements
- Cash +€68,966
up €68,966 (+157.3%), from €43,844 to €112,810
mainly Stocks and contracts (+€32,819) and Receivables within one year (+€19,735)
- Stocks and contracts -€32,819
down €32,819 (-52.6%), from €62,364 to €29,545
- Receivables within one year -€19,735
down €19,735 (-16.0%), from €123,133 to €103,398
of which Trade receivables: -€20,806
- Tangible fixed assets -€7,249
down €7,249 (-22.2%), from €32,726 to €25,477
of which Plant, machinery and equipment: -€5,482
- Tax, wage and social debts +€7,441
up €7,441 (+19.5%), from €38,252 to €45,693
of which Remuneration and social security: +€4,834
- Trade debts +€5,584
up €5,584 (+14.3%), from €38,976 to €44,560
- Turnover +€129,002
up €129,002 (+15.8%), from €815,873 to €944,875
- Purchases and services +€88,427
up €88,427 (+12.0%), from €735,921 to €824,348
- Gross operating margin +€40,575
up €40,575 (+50.7%), from €79,952 to €120,527
- Staff costs +€34,950
up €34,950 (+47.7%), from €73,301 to €108,251
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 | €262,327 | €272,428 | +€10,101 | +3.9% |
| Fixed assets | 21/28 | €32,986 | €25,737 | -€7,249 | -22.0% |
| Tangible fixed assets | 22/27 | €32,726 | €25,477 | -€7,249 | -22.2% |
| Plant, machinery and equipment | 23 | €28,513 | €23,031 | -€5,482 | -19.2% |
| Furniture and vehicles | 24 | €4,213 | €2,446 | -€1,767 | -41.9% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €229,341 | €246,691 | +€17,350 | +7.6% |
| Stocks and contracts in progress | 3 | €62,364 | €29,545 | -€32,819 | -52.6% |
| Stocks | 30/36 | €62,364 | €29,545 | -€32,819 | -52.6% |
| Amounts receivable within one year | 40/41 | €123,133 | €103,398 | -€19,735 | -16.0% |
| Trade receivables | 40 | €123,133 | €102,327 | -€20,806 | -16.9% |
| Other amounts receivable | 41 | - | €1,071 | +€1,071 | |
| Cash at bank and in hand | 54/58 | €43,844 | €112,810 | +€68,966 | +157.3% |
| Deferred charges and accrued income | 490/1 | - | €939 | +€939 | |
| Total equity and liabilities | 10/49 | €262,327 | €272,428 | +€10,101 | +3.9% |
| Equity | 10/15 | €183,291 | €182,175 | -€1,116 | -0.6% |
| Contributions | 10/11 | €21,191 | €21,191 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €162,100 | €160,984 | -€1,116 | -0.7% |
| Amounts payable | 17/49 | €79,036 | €90,253 | +€11,217 | +14.2% |
| Amounts payable within one year | 42/48 | €77,228 | €90,253 | +€13,025 | +16.9% |
| Trade debts | 44 | €38,976 | €44,560 | +€5,584 | +14.3% |
| Suppliers | 440/4 | €38,976 | €44,560 | +€5,584 | +14.3% |
| Taxes, remuneration and social security | 45 | €38,252 | €45,693 | +€7,441 | +19.5% |
| Taxes | 450/3 | €19,095 | €21,702 | +€2,607 | +13.7% |
| Remuneration and social security | 454/9 | €19,157 | €23,991 | +€4,834 | +25.2% |
| Accrued charges and deferred income | 492/3 | €1,808 | - | -€1,808 | |
| Turnover | 70 | €815,873 | €944,875 | +€129,002 | +15.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €735,921 | €824,348 | +€88,427 | +12.0% |
| Remuneration, social security and pensions | 62 | €73,301 | €108,251 | +€34,950 | +47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,261 | €9,740 | +€479 | +5.2% |
| Other operating charges | 640/8 | €538 | - | -€538 | |
| Non-recurring operating charges | 66A | €30,752 | €121 | -€30,631 | -99.6% |
| Gross operating margin | 9900 | €79,952 | €120,527 | +€40,575 | +50.7% |
| Operating profit (loss) | 9901 | -€33,900 | €2,415 | +€36,315 | |
| Financial charges | 65/66B | €2,222 | €3,532 | +€1,310 | +58.9% |
| Recurring financial charges | 65 | €2,222 | €3,532 | +€1,310 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,122 | -€1,117 | +€35,006 | +96.9% |
| Profit (loss) for the period | 9904 | -€36,122 | -€1,117 | +€35,006 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,122 | -€1,117 | +€35,006 | +96.9% |
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 5 October 2026 via checked.be.