ERE AUDIT: 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.
ERE AUDIT
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Receivables within one year -€36,290
down €36,290 (-38.5%), from €94,364 to €58,073
of which Other amounts receivable: -€20,771
- Intangible fixed assets -€25,130
down €25,130 (-33.3%), from €75,391 to €50,261
- Tangible fixed assets -€9,816
down €9,816 (-66.8%), from €14,701 to €4,886
of which Furniture and vehicles: -€9,047
- Cash -€8,834
down €8,834 (-4.4%), from €200,050 to €191,216
mainly Current investments (-€80,000) and Contributions, distributions and other (-€80,000)
- Debts after one year -€22,660
down €22,660 (-49.7%), from €45,587 to €22,927
- Reserves +€15,000
up €15,000 (+20.8%), from €72,044 to €87,044
- Other debts +€9,440
new in 2025: €9,440
- Gross operating margin -€21,834
down €21,834 (-9.7%), from €224,962 to €203,128
- Staff costs +€2,794
up €2,794 (+7.0%), from €39,653 to €42,447
- Taxes -€2,687
down €2,687 (-8.7%), from €30,776 to €28,088
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.
Cash bridge derived
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 | €386,046 | €385,975 | -€71 | 0.0% |
| Fixed assets | 21/28 | €91,632 | €56,686 | -€34,946 | -38.1% |
| Intangible fixed assets | 21 | €75,391 | €50,261 | -€25,130 | -33.3% |
| Tangible fixed assets | 22/27 | €14,701 | €4,886 | -€9,816 | -66.8% |
| Plant, machinery and equipment | 23 | €769 | €0 | -€769 | -100.0% |
| Furniture and vehicles | 24 | €13,933 | €4,886 | -€9,047 | -64.9% |
| Financial fixed assets | 28 | €1,540 | €1,540 | = | 0.0% |
| Current assets | 29/58 | €294,414 | €329,289 | +€34,875 | +11.8% |
| Amounts receivable within one year | 40/41 | €94,364 | €58,073 | -€36,290 | -38.5% |
| Trade receivables | 40 | €73,593 | €58,073 | -€15,520 | -21.1% |
| Other amounts receivable | 41 | €20,771 | €0 | -€20,771 | -100.0% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €200,050 | €191,216 | -€8,834 | -4.4% |
| Total equity and liabilities | 10/49 | €386,046 | €385,975 | -€71 | 0.0% |
| Equity | 10/15 | €276,153 | €291,480 | +€15,326 | +5.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €72,044 | €87,044 | +€15,000 | +20.8% |
| Distributable reserves | 133 | €72,044 | €87,044 | +€15,000 | +20.8% |
| Profit (loss) carried forward | 14 | €203,110 | €203,436 | +€326 | +0.2% |
| Amounts payable | 17/49 | €109,893 | €94,496 | -€15,397 | -14.0% |
| Amounts payable after more than one year | 17 | €45,587 | €22,927 | -€22,660 | -49.7% |
| Financial debts | 170/4 | €45,587 | €22,927 | -€22,660 | -49.7% |
| Amounts payable within one year | 42/48 | €64,306 | €71,569 | +€7,263 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €22,397 | €20,782 | -€1,615 | -7.2% |
| Trade debts | 44 | €5,041 | €6,137 | +€1,096 | +21.7% |
| Suppliers | 440/4 | €5,041 | €6,137 | +€1,096 | +21.7% |
| Taxes, remuneration and social security | 45 | €36,868 | €35,209 | -€1,659 | -4.5% |
| Taxes | 450/3 | €30,683 | €29,025 | -€1,659 | -5.4% |
| Remuneration and social security | 454/9 | €6,185 | €6,185 | +€0 | 0.0% |
| Other amounts payable | 47/48 | - | €9,440 | +€9,440 | |
| Remuneration, social security and pensions | 62 | €39,653 | €42,447 | +€2,794 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,725 | €34,946 | +€221 | +0.6% |
| Other operating charges | 640/8 | €517 | €1,525 | +€1,008 | +195.0% |
| Gross operating margin | 9900 | €224,962 | €203,128 | -€21,834 | -9.7% |
| Operating profit (loss) | 9901 | €150,067 | €124,211 | -€25,856 | -17.2% |
| Financial income | 75/76B | €206 | €0 | -€206 | -100.0% |
| Recurring financial income | 75 | €206 | €0 | -€206 | -100.0% |
| Financial charges | 65/66B | €1,235 | €796 | -€439 | -35.5% |
| Recurring financial charges | 65 | €1,235 | €796 | -€439 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €149,038 | €123,415 | -€25,623 | -17.2% |
| Income taxes | 67/77 | €30,776 | €28,088 | -€2,687 | -8.7% |
| Profit (loss) for the period | 9904 | €118,262 | €95,326 | -€22,936 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €118,262 | €95,326 | -€22,936 | -19.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.