ERDEV CONSULTING: 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.
ERDEV CONSULTING
Largest movements
- Cash -€92,420
down €92,420 (-62.9%), from €146,945 to €54,525
mainly Current investments (-€91,019) and Investment in fixed assets (net) (-€78,519)
- Current investments +€91,019
up €91,019 (+6.5%), from €1.4m to €1.5m
- Receivables within one year -€78,800
down €78,800 (-82.9%), from €95,101 to €16,301
of which Trade receivables: -€80,715
- Stocks and contracts +€65,897
up €65,897 (+100.1%), from €65,810 to €131,707
- Tangible fixed assets +€46,576
up €46,576 (+17.0%), from €274,456 to €321,032
of which Assets under construction and advance payments: +€48,196
- Other debts +€69,220
up €69,220 (+13.4%), from €517,636 to €586,856
- Tax, wage and social debts -€32,533
down €32,533 (-55.8%), from €58,338 to €25,805
of which Taxes: -€32,533
- Gross operating margin -€479,635
down €479,635 (-77.9%), from €615,413 to €135,777
- Taxes -€150,183
down €150,183 (-83.9%), from €178,981 to €28,797
- Financial charges +€41,521
up €41,521 (+120.7%), from €34,410 to €75,930
- Financial income +€29,788
up €29,788 (+131.4%), from €22,662 to €52,450
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,990,305 | €2,032,938 | +€42,633 | +2.1% |
| Fixed assets | 21/28 | €274,456 | €321,032 | +€46,576 | +17.0% |
| Tangible fixed assets | 22/27 | €274,456 | €321,032 | +€46,576 | +17.0% |
| Land and buildings | 22 | €236,815 | €212,569 | -€24,246 | -10.2% |
| Plant, machinery and equipment | 23 | €1,412 | €1,412 | = | 0.0% |
| Furniture and vehicles | 24 | €3,542 | €6,637 | +€3,096 | +87.4% |
| Other tangible fixed assets | 26 | €32,686 | €52,216 | +€19,530 | +59.8% |
| Assets under construction and advance payments | 27 | - | €48,196 | +€48,196 | |
| Current assets | 29/58 | €1,715,849 | €1,711,906 | -€3,943 | -0.2% |
| Stocks and contracts in progress | 3 | €65,810 | €131,707 | +€65,897 | +100.1% |
| Stocks | 30/36 | €65,810 | €131,707 | +€65,897 | +100.1% |
| Amounts receivable within one year | 40/41 | €95,101 | €16,301 | -€78,800 | -82.9% |
| Trade receivables | 40 | €92,680 | €11,965 | -€80,715 | -87.1% |
| Other amounts receivable | 41 | €2,420 | €4,336 | +€1,915 | +79.1% |
| Current investments | 50/53 | €1,401,991 | €1,493,009 | +€91,019 | +6.5% |
| Cash at bank and in hand | 54/58 | €146,945 | €54,525 | -€92,420 | -62.9% |
| Deferred charges and accrued income | 490/1 | €6,004 | €16,364 | +€10,361 | +172.6% |
| Total equity and liabilities | 10/49 | €1,990,305 | €2,032,938 | +€42,633 | +2.1% |
| Equity | 10/15 | €1,382,793 | €1,367,806 | -€14,987 | -1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,362,410 | €1,347,740 | -€14,670 | -1.1% |
| Distributable reserves | 133 | €1,362,410 | €1,347,740 | -€14,670 | -1.1% |
| Profit (loss) carried forward | 14 | €383 | €66 | -€317 | -82.8% |
| Amounts payable | 17/49 | €607,512 | €665,132 | +€57,620 | +9.5% |
| Amounts payable within one year | 42/48 | €583,127 | €626,058 | +€42,931 | +7.4% |
| Trade debts | 44 | €7,154 | €13,398 | +€6,244 | +87.3% |
| Suppliers | 440/4 | €7,154 | €13,398 | +€6,244 | +87.3% |
| Taxes, remuneration and social security | 45 | €58,338 | €25,805 | -€32,533 | -55.8% |
| Taxes | 450/3 | €55,838 | €23,305 | -€32,533 | -58.3% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €517,636 | €586,856 | +€69,220 | +13.4% |
| Accrued charges and deferred income | 492/3 | €24,385 | €39,074 | +€14,689 | +60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,334 | €31,942 | -€392 | -1.2% |
| Other operating charges | 640/8 | €7,122 | €4,757 | -€2,366 | -33.2% |
| Gross operating margin | 9900 | €615,413 | €135,777 | -€479,635 | -77.9% |
| Operating profit (loss) | 9901 | €575,956 | €99,078 | -€476,878 | -82.8% |
| Financial income | 75/76B | €22,662 | €52,450 | +€29,788 | +131.4% |
| Recurring financial income | 75 | €22,662 | €52,450 | +€29,788 | +131.4% |
| Financial charges | 65/66B | €34,410 | €75,930 | +€41,521 | +120.7% |
| Recurring financial charges | 65 | €34,410 | €75,930 | +€41,521 | +120.7% |
| Profit (loss) for the period before taxes | 9903 | €564,208 | €75,598 | -€488,610 | -86.6% |
| Income taxes | 67/77 | €178,981 | €28,797 | -€150,183 | -83.9% |
| Profit (loss) for the period | 9904 | €385,228 | €46,801 | -€338,427 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €385,228 | €46,801 | -€338,427 | -87.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.