ERDEI GONZAGA: what changed
ERDEI GONZAGA
Largest movements
- Cash +€304,726
up €304,726 (+170%), from €178,818 to €483,544
mainly Net result for the year (+€281,699) and Tax, wage and social debts (+€127,576)
- Deferred charges and accrued income +€189,959
up €189,959 (+177%), from €107,517 to €297,476
- Receivables within one year -€71,899
down €71,899 (-79.8%), from €90,049 to €18,150
of which Trade receivables: -€70,599
- Tangible fixed assets -€9,717
down €9,717 (-18.9%), from €51,414 to €41,697
of which Furniture and vehicles: -€10,957
- Reserves +€250,000
new in 2025: €250,000
- Tax, wage and social debts +€127,576
up €127,576 (+173%), from €73,808 to €201,384
- Profit (loss) carried forward +€31,699
up €31,699 (+9.3%), from €342,533 to €374,232
- Gross operating margin +€129,160
up €129,160 (+45.2%), from €285,669 to €414,829
- Taxes +€55,586
up €55,586 (+85.0%), from €65,370 to €120,955
- Depreciation +€6,875
up €6,875 (+131%), from €5,245 to €12,119
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,797 | €840,866 | +€413,070 | +96.6% |
| Fixed assets | 21/28 | €51,414 | €41,697 | -€9,717 | -18.9% |
| Tangible fixed assets | 22/27 | €51,414 | €41,697 | -€9,717 | -18.9% |
| Plant, machinery and equipment | 23 | €1,540 | €2,780 | +€1,240 | +80.6% |
| Furniture and vehicles | 24 | €49,874 | €38,917 | -€10,957 | -22.0% |
| Current assets | 29/58 | €376,383 | €799,170 | +€422,786 | +112% |
| Amounts receivable within one year | 40/41 | €90,049 | €18,150 | -€71,899 | -79.8% |
| Trade receivables | 40 | €88,749 | €18,150 | -€70,599 | -79.5% |
| Other amounts receivable | 41 | €1,300 | - | -€1,300 | |
| Cash at bank and in hand | 54/58 | €178,818 | €483,544 | +€304,726 | +170% |
| Deferred charges and accrued income | 490/1 | €107,517 | €297,476 | +€189,959 | +177% |
| Total equity and liabilities | 10/49 | €427,797 | €840,866 | +€413,070 | +96.6% |
| Equity | 10/15 | €350,533 | €632,232 | +€281,699 | +80.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | - | €250,000 | +€250,000 | |
| Distributable reserves | 133 | - | €250,000 | +€250,000 | |
| Profit (loss) carried forward | 14 | €342,533 | €374,232 | +€31,699 | +9.3% |
| Amounts payable | 17/49 | €77,263 | €208,634 | +€131,371 | +170% |
| Amounts payable within one year | 42/48 | €77,263 | €208,634 | +€131,371 | +170% |
| Trade debts | 44 | €2,003 | €2,277 | +€274 | +13.7% |
| Suppliers | 440/4 | €2,003 | €2,277 | +€274 | +13.7% |
| Taxes, remuneration and social security | 45 | €73,808 | €201,384 | +€127,576 | +173% |
| Taxes | 450/3 | €73,808 | €201,384 | +€127,576 | +173% |
| Other amounts payable | 47/48 | €1,453 | €4,974 | +€3,521 | +242% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,245 | €12,119 | +€6,875 | +131% |
| Other operating charges | 640/8 | €175 | - | -€175 | |
| Gross operating margin | 9900 | €285,669 | €414,829 | +€129,160 | +45.2% |
| Operating profit (loss) | 9901 | €280,248 | €402,709 | +€122,461 | +43.7% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €59 | €55 | -€3 | -5.3% |
| Recurring financial charges | 65 | €59 | €55 | -€3 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €280,240 | €402,654 | +€122,414 | +43.7% |
| Income taxes | 67/77 | €65,370 | €120,955 | +€55,586 | +85.0% |
| Profit (loss) for the period | 9904 | €214,870 | €281,699 | +€66,828 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €214,870 | €281,699 | +€66,828 | +31.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.