ERDIPA: 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.
ERDIPA
Largest movements
- Tangible fixed assets -€42,519
down €42,519 (-5.4%), from €786,994 to €744,475
of which Land and buildings: -€54,867
- Receivables within one year +€26,406
new in 2024: €26,406
of which Trade receivables: +€22,906
- Receivables after one year -€26,371
no longer reported in 2024 (was €26,371)
of which Trade receivables: -€22,871
- Other debts +€74,354
up €74,354 (+85.3%), from €87,144 to €161,498
- Debts after one year -€70,461
down €70,461 (-14.1%), from €498,511 to €428,050
- Profit (loss) carried forward -€27,677
new in 2024: -€27,677
- Reserves -€25,548
no longer reported in 2024 (was €25,548)
- Gross operating margin -€39,676
down €39,676 (-43.2%), from €91,789 to €52,114
- Write-downs -€7,429
no longer reported in 2024 (was €7,429)
- Other operating charges +€6,265
up €6,265 (+153.5%), from €4,082 to €10,347
- Financial charges +€4,374
up €4,374 (+15.2%), from €28,784 to €33,158
- Depreciation +€980
up €980 (+1.6%), from €60,853 to €61,833
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 | €819,030 | €773,022 | -€46,008 | -5.6% |
| Fixed assets | 21/28 | €787,596 | €745,078 | -€42,519 | -5.4% |
| Tangible fixed assets | 22/27 | €786,994 | €744,475 | -€42,519 | -5.4% |
| Land and buildings | 22 | €760,349 | €705,482 | -€54,867 | -7.2% |
| Plant, machinery and equipment | 23 | €26,645 | €38,993 | +€12,348 | +46.3% |
| Financial fixed assets | 28 | €602 | €602 | = | 0.0% |
| Current assets | 29/58 | €31,433 | €27,944 | -€3,489 | -11.1% |
| Amounts receivable after more than one year | 29 | €26,371 | - | -€26,371 | |
| Trade receivables | 290 | €22,871 | - | -€22,871 | |
| Other amounts receivable | 291 | €3,500 | - | -€3,500 | |
| Amounts receivable within one year | 40/41 | - | €26,406 | +€26,406 | |
| Trade receivables | 40 | - | €22,906 | +€22,906 | |
| Other amounts receivable | 41 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €5,063 | €1,538 | -€3,525 | -69.6% |
| Total equity and liabilities | 10/49 | €819,030 | €773,022 | -€46,008 | -5.6% |
| Equity | 10/15 | €70,548 | €17,323 | -€53,225 | -75.4% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €25,548 | - | -€25,548 | |
| Distributable reserves | 133 | €25,548 | - | -€25,548 | |
| Profit (loss) carried forward | 14 | - | -€27,677 | -€27,677 | |
| Amounts payable | 17/49 | €748,482 | €755,699 | +€7,217 | +1.0% |
| Amounts payable after more than one year | 17 | €498,511 | €428,050 | -€70,461 | -14.1% |
| Financial debts | 170/4 | €498,511 | €428,050 | -€70,461 | -14.1% |
| Amounts payable within one year | 42/48 | €249,971 | €327,649 | +€77,678 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €159,132 | €162,064 | +€2,931 | +1.8% |
| Trade debts | 44 | €2,583 | €2,523 | -€59 | -2.3% |
| Suppliers | 440/4 | €2,583 | €2,523 | -€59 | -2.3% |
| Taxes, remuneration and social security | 45 | €1,112 | €1,564 | +€452 | +40.7% |
| Taxes | 450/3 | €1,112 | €1,564 | +€452 | +40.7% |
| Other amounts payable | 47/48 | €87,144 | €161,498 | +€74,354 | +85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,853 | €61,833 | +€980 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,429 | - | -€7,429 | |
| Other operating charges | 640/8 | €4,082 | €10,347 | +€6,265 | +153.5% |
| Gross operating margin | 9900 | €91,789 | €52,114 | -€39,676 | -43.2% |
| Operating profit (loss) | 9901 | €19,426 | -€20,066 | -€39,492 | |
| Financial charges | 65/66B | €28,784 | €33,158 | +€4,374 | +15.2% |
| Recurring financial charges | 65 | €28,784 | €33,158 | +€4,374 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,358 | -€53,225 | -€43,866 | -468.7% |
| Profit (loss) for the period | 9904 | -€9,358 | -€53,225 | -€43,866 | -468.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,358 | -€53,225 | -€43,866 | -468.7% |
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.