ERDA KOMADA: 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.
ERDA KOMADA
Largest movements
- Cash +€44,426
up €44,426 (+156.6%), from €28,374 to €72,800
mainly Other debts (+€44,198) and Depreciation (+€7,873)
- Tangible fixed assets -€6,622
down €6,622 (-37.8%), from €17,522 to €10,900
of which Furniture and vehicles: -€6,622
- Other debts +€44,198
up €44,198 (+108.6%), from €40,685 to €84,883
- Profit (loss) carried forward -€5,636
down €5,636 (-1.4%), from -€403,696 to -€409,332
- Trade debts -€900
down €900 (-49.2%), from €1,827 to €927
- Gross operating margin +€3,897
up €3,897, from -€780 to €3,117
- Depreciation -€147
down €147 (-1.8%), from €8,020 to €7,873
- Taxes -€93
down €93 (-55.2%), from €168 to €75
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 | €48,098 | €85,668 | +€37,569 | +78.1% |
| Fixed assets | 21/28 | €17,522 | €10,900 | -€6,622 | -37.8% |
| Tangible fixed assets | 22/27 | €17,522 | €10,900 | -€6,622 | -37.8% |
| Furniture and vehicles | 24 | €17,522 | €10,900 | -€6,622 | -37.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €30,577 | €74,768 | +€44,191 | +144.5% |
| Amounts receivable within one year | 40/41 | €2,203 | €1,968 | -€234 | -10.6% |
| Trade receivables | 40 | €1,995 | €0 | -€1,995 | -100.0% |
| Other amounts receivable | 41 | €208 | €1,968 | +€1,760 | +846.6% |
| Cash at bank and in hand | 54/58 | €28,374 | €72,800 | +€44,426 | +156.6% |
| Total equity and liabilities | 10/49 | €48,098 | €85,668 | +€37,569 | +78.1% |
| Equity | 10/15 | -€192,896 | -€198,532 | -€5,636 | -2.9% |
| Contributions | 10/11 | €210,800 | €210,800 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€403,696 | -€409,332 | -€5,636 | -1.4% |
| Amounts payable | 17/49 | €240,994 | €284,200 | +€43,206 | +17.9% |
| Amounts payable after more than one year | 17 | €198,315 | €198,315 | = | 0.0% |
| Financial debts | 170/4 | €198,315 | €198,315 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,679 | €85,885 | +€43,206 | +101.2% |
| Trade debts | 44 | €1,827 | €927 | -€900 | -49.2% |
| Suppliers | 440/4 | €1,827 | €927 | -€900 | -49.2% |
| Taxes, remuneration and social security | 45 | €168 | €75 | -€93 | -55.2% |
| Taxes | 450/3 | €168 | €75 | -€93 | -55.2% |
| Other amounts payable | 47/48 | €40,685 | €84,883 | +€44,198 | +108.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,020 | €7,873 | -€147 | -1.8% |
| Other operating charges | 640/8 | €666 | €682 | +€16 | +2.3% |
| Non-recurring operating charges | 66A | €684 | €0 | -€684 | -100.0% |
| Gross operating margin | 9900 | -€780 | €3,117 | +€3,897 | |
| Operating profit (loss) | 9901 | -€10,150 | -€5,437 | +€4,712 | +46.4% |
| Financial income | 75/76B | €1 | €2 | +€1 | +54.5% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +54.5% |
| Financial charges | 65/66B | €103 | €126 | +€23 | +22.4% |
| Recurring financial charges | 65 | €103 | €126 | +€23 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,251 | -€5,561 | +€4,690 | +45.8% |
| Income taxes | 67/77 | €168 | €75 | -€93 | -55.2% |
| Profit (loss) for the period | 9904 | -€10,419 | -€5,636 | +€4,783 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,419 | -€5,636 | +€4,783 | +45.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.