Erdikoetxe: 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.
Erdikoetxe
Largest movements
- Tangible fixed assets +€460,353
up €460,353 (+35.5%), from €1.3m to €1.8m
of which Land and buildings: +€460,660
- Current investments -€260,091
down €260,091 (-64.5%), from €403,094 to €143,002
- Receivables within one year +€45,692
up €45,692 (+60.1%), from €76,008 to €121,700
of which Other amounts receivable: +€45,637
- Debts after one year +€417,264
up €417,264 (+49.9%), from €835,837 to €1.3m
- Other debts -€104,659
down €104,659 (-56.7%), from €184,659 to €80,000
- Reserves -€85,516
down €85,516 (-11.0%), from €774,752 to €689,236
of which Distributable reserves: -€85,516
- Trade debts +€35,735
up €35,735 (+1,176%), from €3,039 to €38,774
- Current portion of long-term debt +€33,175
up €33,175 (+106%), from €31,433 to €64,608
- Financial charges +€42,105
up €42,105 (+73.3%), from €57,418 to €99,523
- Depreciation +€21,284
up €21,284 (+51.7%), from €41,159 to €62,444
- Taxes -€20,232
down €20,232 (-52.1%), from €38,820 to €18,588
- Financial income -€6,801
down €6,801 (-51.9%), from €13,092 to €6,291
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 | €1,901,848 | €2,168,884 | +€267,037 | +14.0% |
| Fixed assets | 21/28 | €1,315,419 | €1,775,773 | +€460,353 | +35.0% |
| Tangible fixed assets | 22/27 | €1,297,959 | €1,758,313 | +€460,353 | +35.5% |
| Land and buildings | 22 | €1,296,269 | €1,756,928 | +€460,660 | +35.5% |
| Plant, machinery and equipment | 23 | €1,691 | €1,384 | -€306 | -18.1% |
| Financial fixed assets | 28 | €17,460 | €17,460 | = | 0.0% |
| Current assets | 29/58 | €586,428 | €393,112 | -€193,317 | -33.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €76,008 | €121,700 | +€45,692 | +60.1% |
| Trade receivables | 40 | €72,545 | €72,600 | +€55 | +0.1% |
| Other amounts receivable | 41 | €3,463 | €49,100 | +€45,637 | +1,318% |
| Current investments | 50/53 | €403,094 | €143,002 | -€260,091 | -64.5% |
| Cash at bank and in hand | 54/58 | €103,982 | €123,312 | +€19,330 | +18.6% |
| Deferred charges and accrued income | 490/1 | €3,345 | €5,097 | +€1,753 | +52.4% |
| Total equity and liabilities | 10/49 | €1,901,848 | €2,168,884 | +€267,037 | +14.0% |
| Equity | 10/15 | €787,152 | €701,636 | -€85,516 | -10.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €774,752 | €689,236 | -€85,516 | -11.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €69,500 | €69,500 | = | 0.0% |
| Distributable reserves | 133 | €705,252 | €619,736 | -€85,516 | -12.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,114,696 | €1,467,248 | +€352,553 | +31.6% |
| Amounts payable after more than one year | 17 | €835,837 | €1,253,101 | +€417,264 | +49.9% |
| Financial debts | 170/4 | €835,837 | €1,253,101 | +€417,264 | +49.9% |
| Amounts payable within one year | 42/48 | €278,858 | €214,147 | -€64,711 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €31,433 | €64,608 | +€33,175 | +106% |
| Financial debts | 43 | €14,085 | €32 | -€14,053 | -99.8% |
| Credit institutions | 430/8 | €14,085 | €32 | -€14,053 | -99.8% |
| Trade debts | 44 | €3,039 | €38,774 | +€35,735 | +1,176% |
| Suppliers | 440/4 | €3,039 | €38,774 | +€35,735 | +1,176% |
| Taxes, remuneration and social security | 45 | €45,641 | €30,734 | -€14,908 | -32.7% |
| Taxes | 450/3 | €45,641 | €30,734 | -€14,908 | -32.7% |
| Other amounts payable | 47/48 | €184,659 | €80,000 | -€104,659 | -56.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,159 | €62,444 | +€21,284 | +51.7% |
| Other operating charges | 640/8 | €1,083 | €1,222 | +€140 | +12.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €218,430 | €218,900 | +€469 | +0.2% |
| Operating profit (loss) | 9901 | €176,188 | €155,234 | -€20,955 | -11.9% |
| Financial income | 75/76B | €13,092 | €6,291 | -€6,801 | -51.9% |
| Recurring financial income | 75 | €13,092 | €6,291 | -€6,801 | -51.9% |
| Financial charges | 65/66B | €57,418 | €99,523 | +€42,105 | +73.3% |
| Recurring financial charges | 65 | €57,418 | €99,523 | +€42,105 | +73.3% |
| Profit (loss) for the period before taxes | 9903 | €131,862 | €62,001 | -€69,861 | -53.0% |
| Income taxes | 67/77 | €38,820 | €18,588 | -€20,232 | -52.1% |
| Profit (loss) for the period | 9904 | €93,042 | €43,413 | -€49,629 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,042 | €43,413 | -€49,629 | -53.3% |
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 26 October 2026 via checked.be.