Erdalaw: 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.
Erdalaw
Largest movements
- Cash +€10,283
up €10,283 (+33.0%), from €31,141 to €41,424
mainly Net result for the year (+€18,344) and Depreciation (+€10,067)
- Tangible fixed assets -€10,067
down €10,067 (-29.8%), from €33,728 to €23,662
- Receivables within one year +€3,548
up €3,548 (+195.7%), from €1,813 to €5,361
of which Other amounts receivable: +€2,874
- Reserves +€58,197
new in 2025: €58,197
- Profit (loss) carried forward -€39,853
no longer reported in 2025 (was €39,853)
- Current portion of long-term debt -€8,575
down €8,575 (-57.2%), from €14,986 to €6,412
- Debts after one year -€6,412
no longer reported in 2025 (was €6,412)
- Gross operating margin -€3,739
down €3,739 (-9.5%), from €39,399 to €35,660
- Taxes -€1,549
down €1,549 (-21.6%), from €7,162 to €5,613
- Financial charges -€589
down €589 (-48.6%), from €1,212 to €623
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 | €67,523 | €71,664 | +€4,140 | +6.1% |
| Fixed assets | 21/28 | €33,728 | €23,662 | -€10,067 | -29.8% |
| Tangible fixed assets | 22/27 | €33,728 | €23,662 | -€10,067 | -29.8% |
| Furniture and vehicles | 24 | €33,728 | €23,662 | -€10,067 | -29.8% |
| Current assets | 29/58 | €33,795 | €48,002 | +€14,207 | +42.0% |
| Amounts receivable within one year | 40/41 | €1,813 | €5,361 | +€3,548 | +195.7% |
| Trade receivables | 40 | - | €674 | +€674 | |
| Other amounts receivable | 41 | €1,813 | €4,687 | +€2,874 | +158.5% |
| Cash at bank and in hand | 54/58 | €31,141 | €41,424 | +€10,283 | +33.0% |
| Deferred charges and accrued income | 490/1 | €841 | €1,218 | +€376 | +44.7% |
| Total equity and liabilities | 10/49 | €67,523 | €71,664 | +€4,140 | +6.1% |
| Equity | 10/15 | €40,853 | €59,197 | +€18,344 | +44.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €58,197 | +€58,197 | |
| Distributable reserves | 133 | - | €58,197 | +€58,197 | |
| Profit (loss) carried forward | 14 | €39,853 | - | -€39,853 | |
| Amounts payable | 17/49 | €26,671 | €12,467 | -€14,204 | -53.3% |
| Amounts payable after more than one year | 17 | €6,412 | - | -€6,412 | |
| Financial debts | 170/4 | €6,412 | - | -€6,412 | |
| Amounts payable within one year | 42/48 | €20,259 | €11,910 | -€8,349 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €14,986 | €6,412 | -€8,575 | -57.2% |
| Trade debts | 44 | €1,441 | €1,919 | +€478 | +33.2% |
| Suppliers | 440/4 | €1,441 | €1,919 | +€478 | +33.2% |
| Taxes, remuneration and social security | 45 | €3,063 | €2,707 | -€356 | -11.6% |
| Taxes | 450/3 | €3,063 | €2,707 | -€356 | -11.6% |
| Other amounts payable | 47/48 | €769 | €872 | +€103 | +13.5% |
| Accrued charges and deferred income | 492/3 | - | €557 | +€557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,067 | €10,067 | = | 0.0% |
| Other operating charges | 640/8 | €771 | €1,035 | +€264 | +34.3% |
| Gross operating margin | 9900 | €39,399 | €35,660 | -€3,739 | -9.5% |
| Operating profit (loss) | 9901 | €28,561 | €24,558 | -€4,003 | -14.0% |
| Financial income | 75/76B | €1 | €22 | +€22 | +3071.4% |
| Recurring financial income | 75 | €1 | €22 | +€22 | +3071.4% |
| Financial charges | 65/66B | €1,212 | €623 | -€589 | -48.6% |
| Recurring financial charges | 65 | €1,212 | €623 | -€589 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €27,349 | €23,957 | -€3,392 | -12.4% |
| Income taxes | 67/77 | €7,162 | €5,613 | -€1,549 | -21.6% |
| Profit (loss) for the period | 9904 | €20,187 | €18,344 | -€1,843 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,187 | €18,344 | -€1,843 | -9.1% |
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 10 October 2026 via checked.be.