ERDABO: 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.
ERDABO
Largest movements
- Cash +€270,904
up €270,904 (+824%), from €32,870 to €303,774
mainly Current investments (+€200,385) and Net result for the year (+€90,971)
- Current investments -€200,385
down €200,385 (-100%), from €200,385 to €0
- Tangible fixed assets -€29,726
down €29,726 (-12.8%), from €233,097 to €203,371
of which Land and buildings: -€20,364
- Receivables within one year -€21,089
down €21,089 (-22.4%), from €94,018 to €72,929
of which Trade receivables: -€64,728
- Trade debts +€40,104
up €40,104 (+358%), from €11,202 to €51,306
- Current portion of long-term debt -€37,553
down €37,553 (-55.7%), from €67,405 to €29,852
- Other debts +€37,486
up €37,486 (+59.3%), from €63,194 to €100,680
- Debts after one year -€29,852
down €29,852 (-19.2%), from €155,634 to €125,782
- Short-term financial debts +€10,126
new in 2025: €10,126
- Gross operating margin +€16,561
up €16,561 (+10.8%), from €153,874 to €170,436
- Taxes +€5,083
up €5,083 (+14.5%), from €35,024 to €40,107
- Financial income +€4,277
up €4,277 (+226%), from €1,892 to €6,169
- Other operating charges +€2,873
up €2,873 (+50.2%), from €5,728 to €8,601
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 | €563,893 | €585,718 | +€21,825 | +3.9% |
| Fixed assets | 21/28 | €233,097 | €203,371 | -€29,726 | -12.8% |
| Tangible fixed assets | 22/27 | €233,097 | €203,371 | -€29,726 | -12.8% |
| Land and buildings | 22 | €218,266 | €197,902 | -€20,364 | -9.3% |
| Furniture and vehicles | 24 | €14,831 | €5,469 | -€9,362 | -63.1% |
| Current assets | 29/58 | €330,796 | €382,347 | +€51,551 | +15.6% |
| Amounts receivable within one year | 40/41 | €94,018 | €72,929 | -€21,089 | -22.4% |
| Trade receivables | 40 | €64,854 | €126 | -€64,728 | -99.8% |
| Other amounts receivable | 41 | €29,163 | €72,803 | +€43,639 | +150% |
| Current investments | 50/53 | €200,385 | €0 | -€200,385 | -100% |
| Cash at bank and in hand | 54/58 | €32,870 | €303,774 | +€270,904 | +824% |
| Deferred charges and accrued income | 490/1 | €3,522 | €5,644 | +€2,121 | +60.2% |
| Total equity and liabilities | 10/49 | €563,893 | €585,718 | +€21,825 | +3.9% |
| Equity | 10/15 | €263,219 | €256,902 | -€6,317 | -2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €256,952 | €250,636 | -€6,317 | -2.5% |
| Distributable reserves | 133 | €256,952 | €250,636 | -€6,317 | -2.5% |
| Profit (loss) carried forward | 14 | €66 | €66 | = | 0.0% |
| Amounts payable | 17/49 | €300,675 | €328,816 | +€28,141 | +9.4% |
| Amounts payable after more than one year | 17 | €155,634 | €125,782 | -€29,852 | -19.2% |
| Financial debts | 170/4 | €155,634 | €125,782 | -€29,852 | -19.2% |
| Amounts payable within one year | 42/48 | €145,040 | €203,034 | +€57,993 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €67,405 | €29,852 | -€37,553 | -55.7% |
| Financial debts | 43 | - | €10,126 | +€10,126 | |
| Credit institutions | 430/8 | - | €10,126 | +€10,126 | |
| Trade debts | 44 | €11,202 | €51,306 | +€40,104 | +358% |
| Suppliers | 440/4 | €11,202 | €51,306 | +€40,104 | +358% |
| Taxes, remuneration and social security | 45 | €3,240 | €11,070 | +€7,830 | +242% |
| Taxes | 450/3 | €540 | €8,720 | +€8,180 | +1,515% |
| Remuneration and social security | 454/9 | €2,700 | €2,350 | -€350 | -13.0% |
| Other amounts payable | 47/48 | €63,194 | €100,680 | +€37,486 | +59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,713 | €31,247 | +€534 | +1.7% |
| Other operating charges | 640/8 | €5,728 | €8,601 | +€2,873 | +50.2% |
| Gross operating margin | 9900 | €153,874 | €170,436 | +€16,561 | +10.8% |
| Operating profit (loss) | 9901 | €117,434 | €130,588 | +€13,154 | +11.2% |
| Financial income | 75/76B | €1,892 | €6,169 | +€4,277 | +226% |
| Recurring financial income | 75 | €1,892 | €6,169 | +€4,277 | +226% |
| Financial charges | 65/66B | €5,805 | €5,679 | -€125 | -2.2% |
| Recurring financial charges | 65 | €5,805 | €5,679 | -€125 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €113,521 | €131,078 | +€17,556 | +15.5% |
| Income taxes | 67/77 | €35,024 | €40,107 | +€5,083 | +14.5% |
| Profit (loss) for the period | 9904 | €78,498 | €90,971 | +€12,473 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,498 | €90,971 | +€12,473 | +15.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.