ErCr Consult: 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.
ErCr Consult
Largest movements
- Receivables within one year -€14,520
down €14,520 (-41.4%), from €35,055 to €20,536
of which Trade receivables: -€15,551
- Cash +€10,186
up €10,186 (+22.5%), from €45,319 to €55,505
mainly Net result for the year (+€31,583) and Receivables within one year (+€14,520)
- Current investments +€6,880
up €6,880 (+5.2%), from €133,046 to €139,926
- Reserves +€31,583
up €31,583 (+17.8%), from €177,092 to €208,675
of which Distributable reserves: +€31,583
- Tax, wage and social debts -€22,107
down €22,107 (-72.5%), from €30,508 to €8,401
- Other debts -€6,623
no longer reported in 2025 (was €6,623)
- Gross operating margin +€1,575
up €1,575 (+3.2%), from €49,499 to €51,074
- Taxes +€685
up €685 (+5.0%), from €13,734 to €14,419
- Financial charges -€511
down €511 (-16.9%), from €3,032 to €2,521
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 | €224,135 | €226,353 | +€2,218 | +1.0% |
| Fixed assets | 21/28 | €7,063 | €6,676 | -€387 | -5.5% |
| Tangible fixed assets | 22/27 | €7,063 | €6,676 | -€387 | -5.5% |
| Plant, machinery and equipment | 23 | €458 | €7 | -€451 | -98.4% |
| Furniture and vehicles | 24 | €5,321 | €3,734 | -€1,587 | -29.8% |
| Other tangible fixed assets | 26 | €1,284 | €2,935 | +€1,651 | +129% |
| Current assets | 29/58 | €217,072 | €219,678 | +€2,606 | +1.2% |
| Amounts receivable within one year | 40/41 | €35,055 | €20,536 | -€14,520 | -41.4% |
| Trade receivables | 40 | €33,694 | €18,143 | -€15,551 | -46.2% |
| Other amounts receivable | 41 | €1,362 | €2,393 | +€1,031 | +75.7% |
| Current investments | 50/53 | €133,046 | €139,926 | +€6,880 | +5.2% |
| Cash at bank and in hand | 54/58 | €45,319 | €55,505 | +€10,186 | +22.5% |
| Deferred charges and accrued income | 490/1 | €3,651 | €3,711 | +€60 | +1.6% |
| Total equity and liabilities | 10/49 | €224,135 | €226,353 | +€2,218 | +1.0% |
| Equity | 10/15 | €183,292 | €214,875 | +€31,583 | +17.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €177,092 | €208,675 | +€31,583 | +17.8% |
| Tax-exempt reserves | 132 | €185 | €185 | = | 0.0% |
| Distributable reserves | 133 | €176,907 | €208,490 | +€31,583 | +17.9% |
| Amounts payable | 17/49 | €40,843 | €11,478 | -€29,365 | -71.9% |
| Amounts payable within one year | 42/48 | €40,657 | €10,455 | -€30,202 | -74.3% |
| Trade debts | 44 | €3,525 | €2,053 | -€1,472 | -41.7% |
| Suppliers | 440/4 | €3,525 | €2,053 | -€1,472 | -41.7% |
| Taxes, remuneration and social security | 45 | €30,508 | €8,401 | -€22,107 | -72.5% |
| Taxes | 450/3 | €30,508 | €8,401 | -€22,107 | -72.5% |
| Other amounts payable | 47/48 | €6,623 | - | -€6,623 | |
| Accrued charges and deferred income | 492/3 | €187 | €1,023 | +€837 | +448% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,598 | €2,534 | -€63 | -2.4% |
| Other operating charges | 640/8 | €1,646 | €1,595 | -€50 | -3.0% |
| Gross operating margin | 9900 | €49,499 | €51,074 | +€1,575 | +3.2% |
| Operating profit (loss) | 9901 | €45,256 | €46,944 | +€1,688 | +3.7% |
| Financial income | 75/76B | €1,712 | €1,579 | -€134 | -7.8% |
| Recurring financial income | 75 | €1,712 | €1,525 | -€187 | -10.9% |
| Non-recurring financial income | 76B | - | €53 | +€53 | |
| Financial charges | 65/66B | €3,032 | €2,521 | -€511 | -16.9% |
| Recurring financial charges | 65 | €3,032 | €2,521 | -€511 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €43,937 | €46,002 | +€2,065 | +4.7% |
| Income taxes | 67/77 | €13,734 | €14,419 | +€685 | +5.0% |
| Profit (loss) for the period | 9904 | €30,203 | €31,583 | +€1,380 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,203 | €31,583 | +€1,380 | +4.6% |
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 13 October 2026 via checked.be.