ERCKENS SOLUTIONS: 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.
ERCKENS SOLUTIONS
Largest movements
- Cash -€185,441
down €185,441 (-52.8%), from €351,445 to €166,004
mainly Contributions, distributions and other (-€245,150) and Net result for the year (-€33,297)
- Tangible fixed assets -€78,406
no longer reported in 2025 (was €78,406)
of which Furniture and vehicles: -€59,382
- Receivables within one year -€37,369
down €37,369 (-44.4%), from €84,218 to €46,849
of which Other amounts receivable: -€34,579
- Reserves -€234,960
down €234,960 (-50.0%), from €469,920 to €234,960
- Profit (loss) carried forward -€40,137
down €40,137, from €13,679 to -€26,458
- Current portion of long-term debt -€14,481
no longer reported in 2025 (was €14,481)
- Trade debts -€7,861
down €7,861 (-93.0%), from €8,450 to €589
- Gross operating margin -€51,804
down €51,804, from €27,242 to -€24,562
- Depreciation -€14,933
down €14,933 (-66.1%), from €22,590 to €7,657
- Taxes -€862
down €862 (-78.8%), from €1,094 to €232
- Other operating charges -€481
down €481 (-44.6%), from €1,079 to €598
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 | €517,232 | €212,853 | -€304,379 | -58.8% |
| Fixed assets | 21/28 | €78,406 | - | -€78,406 | |
| Tangible fixed assets | 22/27 | €78,406 | - | -€78,406 | |
| Furniture and vehicles | 24 | €59,382 | - | -€59,382 | |
| Leasing and similar rights | 25 | €19,024 | - | -€19,024 | |
| Current assets | 29/58 | €438,826 | €212,853 | -€225,973 | -51.5% |
| Amounts receivable within one year | 40/41 | €84,218 | €46,849 | -€37,369 | -44.4% |
| Trade receivables | 40 | €2,790 | - | -€2,790 | |
| Other amounts receivable | 41 | €81,428 | €46,849 | -€34,579 | -42.5% |
| Cash at bank and in hand | 54/58 | €351,445 | €166,004 | -€185,441 | -52.8% |
| Deferred charges and accrued income | 490/1 | €3,163 | - | -€3,163 | |
| Total equity and liabilities | 10/49 | €517,232 | €212,853 | -€304,379 | -58.8% |
| Equity | 10/15 | €490,299 | €211,852 | -€278,447 | -56.8% |
| Contributions | 10/11 | €6,700 | €3,350 | -€3,350 | -50.0% |
| Reserves | 13 | €469,920 | €234,960 | -€234,960 | -50.0% |
| Distributable reserves | 133 | €469,920 | €234,960 | -€234,960 | -50.0% |
| Profit (loss) carried forward | 14 | €13,679 | -€26,458 | -€40,137 | |
| Amounts payable | 17/49 | €26,933 | €1,001 | -€25,932 | -96.3% |
| Amounts payable within one year | 42/48 | €26,933 | €1,001 | -€25,932 | -96.3% |
| Current portion of amounts payable after more than one year | 42 | €14,481 | - | -€14,481 | |
| Trade debts | 44 | €8,450 | €589 | -€7,861 | -93.0% |
| Suppliers | 440/4 | €8,450 | €589 | -€7,861 | -93.0% |
| Taxes, remuneration and social security | 45 | €4,002 | €412 | -€3,590 | -89.7% |
| Taxes | 450/3 | €4,002 | €412 | -€3,590 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,590 | €7,657 | -€14,933 | -66.1% |
| Other operating charges | 640/8 | €1,079 | €598 | -€481 | -44.6% |
| Non-recurring operating charges | 66A | €97,308 | - | -€97,308 | |
| Gross operating margin | 9900 | €27,242 | -€24,562 | -€51,804 | |
| Operating profit (loss) | 9901 | -€93,735 | -€32,817 | +€60,918 | +65.0% |
| Financial charges | 65/66B | €484 | €248 | -€236 | -48.8% |
| Recurring financial charges | 65 | €484 | €248 | -€236 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | -€94,219 | -€33,065 | +€61,154 | +64.9% |
| Income taxes | 67/77 | €1,094 | €232 | -€862 | -78.8% |
| Profit (loss) for the period | 9904 | -€95,313 | -€33,297 | +€62,016 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,313 | -€33,297 | +€62,016 | +65.1% |
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 18 October 2026 via checked.be.