ERDEKA: 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.
ERDEKA
Largest movements
- Current investments -€556,667
down €556,667 (-29.0%), from €1.9m to €1.4m
- Deferred charges and accrued income -€155,174
down €155,174 (-98.3%), from €157,820 to €2,646
- Receivables within one year -€149,572
down €149,572 (-91.3%), from €163,757 to €14,184
of which Other amounts receivable: -€150,025
- Cash -€44,976
down €44,976 (-69.8%), from €64,425 to €19,449
mainly Contributions, distributions and other (-€890,781) and Tax, wage and social debts (-€85,702)
- Profit (loss) carried forward -€602,281
down €602,281 (-100%), from €602,281 to €0
- Contributions -€250,000
down €250,000 (-64.9%), from €385,000 to €135,000
- Tax, wage and social debts -€85,702
down €85,702 (-96.2%), from €89,068 to €3,366
of which Taxes: -€82,377
- Reserves +€31,764
up €31,764 (+2.5%), from €1.3m to €1.3m
- Gross operating margin -€733,376
down €733,376 (-93.5%), from €783,941 to €50,565
- Financial income +€63,936
up €63,936 (+733%), from €8,723 to €72,659
- Taxes -€53,092
down €53,092 (-60.7%), from €87,480 to €34,388
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 | €2,332,458 | €1,425,921 | -€906,537 | -38.9% |
| Fixed assets | 21/28 | €29,790 | €29,642 | -€148 | -0.5% |
| Tangible fixed assets | 22/27 | €29,790 | €29,642 | -€148 | -0.5% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €29,790 | €29,642 | -€148 | -0.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,302,668 | €1,396,279 | -€906,389 | -39.4% |
| Amounts receivable within one year | 40/41 | €163,757 | €14,184 | -€149,572 | -91.3% |
| Trade receivables | 40 | €10,620 | €11,072 | +€452 | +4.3% |
| Other amounts receivable | 41 | €153,137 | €3,113 | -€150,025 | -98.0% |
| Current investments | 50/53 | €1,916,667 | €1,360,000 | -€556,667 | -29.0% |
| Cash at bank and in hand | 54/58 | €64,425 | €19,449 | -€44,976 | -69.8% |
| Deferred charges and accrued income | 490/1 | €157,820 | €2,646 | -€155,174 | -98.3% |
| Total equity and liabilities | 10/49 | €2,332,458 | €1,425,921 | -€906,537 | -38.9% |
| Equity | 10/15 | €2,242,854 | €1,422,336 | -€820,518 | -36.6% |
| Contributions | 10/11 | €385,000 | €135,000 | -€250,000 | -64.9% |
| Reserves | 13 | €1,255,572 | €1,287,336 | +€31,764 | +2.5% |
| Distributable reserves | 133 | €1,255,572 | €1,287,336 | +€31,764 | +2.5% |
| Profit (loss) carried forward | 14 | €602,281 | €0 | -€602,281 | -100% |
| Amounts payable | 17/49 | €89,604 | €3,585 | -€86,019 | -96.0% |
| Amounts payable within one year | 42/48 | €89,604 | €3,556 | -€86,048 | -96.0% |
| Trade debts | 44 | €536 | €190 | -€347 | -64.6% |
| Suppliers | 440/4 | €536 | €190 | -€347 | -64.6% |
| Taxes, remuneration and social security | 45 | €89,068 | €3,366 | -€85,702 | -96.2% |
| Taxes | 450/3 | €85,618 | €3,241 | -€82,377 | -96.2% |
| Remuneration and social security | 454/9 | €3,450 | €125 | -€3,325 | -96.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €29 | +€29 | |
| Non-recurring operating income | 76A | €775,227 | €0 | -€775,227 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,173 | €5,091 | +€2,918 | +134% |
| Other operating charges | 640/8 | €2,715 | €1,678 | -€1,037 | -38.2% |
| Non-recurring operating charges | 66A | - | €11,790 | +€11,790 | |
| Gross operating margin | 9900 | €783,941 | €50,565 | -€733,376 | -93.5% |
| Operating profit (loss) | 9901 | €779,053 | €32,007 | -€747,047 | -95.9% |
| Financial income | 75/76B | €8,723 | €72,659 | +€63,936 | +733% |
| Recurring financial income | 75 | €8,723 | €72,659 | +€63,936 | +733% |
| Financial charges | 65/66B | €0 | €14 | +€13 | +4,433% |
| Recurring financial charges | 65 | €0 | €14 | +€13 | +4,433% |
| Profit (loss) for the period before taxes | 9903 | €787,776 | €104,652 | -€683,124 | -86.7% |
| Income taxes | 67/77 | €87,480 | €34,388 | -€53,092 | -60.7% |
| Profit (loss) for the period | 9904 | €700,296 | €70,264 | -€630,032 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €700,296 | €70,264 | -€630,032 | -90.0% |
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 20 October 2026 via checked.be.