ERCOBAN: 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.
ERCOBAN
Largest movements
- Cash -€11,328
down €11,328 (-79.5%), from €14,244 to €2,916
mainly Tax, wage and social debts (-€12,491) and Stocks and contracts (-€4,000)
- Receivables within one year -€6,110
down €6,110 (-32.7%), from €18,695 to €12,585
of which Other amounts receivable: -€6,110
- Stocks and contracts +€4,000
up €4,000 (+48.2%), from €8,305 to €12,305
- Tax, wage and social debts -€12,491
down €12,491 (-95.5%), from €13,076 to €585
of which Remuneration and social security: -€8,880
- Trade debts -€2,105
down €2,105 (-39.8%), from €5,293 to €3,187
- Profit (loss) carried forward +€1,158
up €1,158 (+8.7%), from €13,325 to €14,484
- Gross operating margin +€1,092
up €1,092 (+223.9%), from €488 to €1,580
- Taxes +€233
up €233 (+347.8%), from €67 to €300
- Financial charges -€34
no longer reported in 2022 (was €34)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,244 | €27,806 | -€13,438 | -32.6% |
| Current assets | 29/58 | €41,244 | €27,806 | -€13,438 | -32.6% |
| Stocks and contracts in progress | 3 | €8,305 | €12,305 | +€4,000 | +48.2% |
| Stocks | 30/36 | €8,305 | €12,305 | +€4,000 | +48.2% |
| Amounts receivable within one year | 40/41 | €18,695 | €12,585 | -€6,110 | -32.7% |
| Trade receivables | 40 | €7,245 | €7,245 | = | 0.0% |
| Other amounts receivable | 41 | €11,450 | €5,341 | -€6,110 | -53.4% |
| Cash at bank and in hand | 54/58 | €14,244 | €2,916 | -€11,328 | -79.5% |
| Total equity and liabilities | 10/49 | €41,244 | €27,806 | -€13,438 | -32.6% |
| Equity | 10/15 | €22,875 | €24,034 | +€1,158 | +5.1% |
| Contributions | 10/11 | €9,550 | €9,550 | = | 0.0% |
| Capital | 10 | €9,550 | €9,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,325 | €14,484 | +€1,158 | +8.7% |
| Amounts payable | 17/49 | €18,368 | €3,773 | -€14,596 | -79.5% |
| Amounts payable within one year | 42/48 | €18,368 | €3,773 | -€14,596 | -79.5% |
| Trade debts | 44 | €5,293 | €3,187 | -€2,105 | -39.8% |
| Suppliers | 440/4 | €5,293 | €3,187 | -€2,105 | -39.8% |
| Taxes, remuneration and social security | 45 | €13,076 | €585 | -€12,491 | -95.5% |
| Taxes | 450/3 | €4,196 | €585 | -€3,611 | -86.1% |
| Remuneration and social security | 454/9 | €8,880 | - | -€8,880 | |
| Other operating charges | 640/8 | €120 | €122 | +€2 | +1.3% |
| Gross operating margin | 9900 | €488 | €1,580 | +€1,092 | +223.9% |
| Operating profit (loss) | 9901 | €368 | €1,458 | +€1,091 | +296.7% |
| Financial charges | 65/66B | €34 | - | -€34 | |
| Recurring financial charges | 65 | €34 | - | -€34 | |
| Profit (loss) for the period before taxes | 9903 | €333 | €1,458 | +€1,125 | +337.8% |
| Income taxes | 67/77 | €67 | €300 | +€233 | +347.8% |
| Profit (loss) for the period | 9904 | €266 | €1,158 | +€892 | +335.3% |
| Profit (loss) for the period to be appropriated | 9905 | €266 | €1,158 | +€892 | +335.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.