ERE CONSTRUCT & CONSULTING SERVICES: 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 CONSTRUCT & CONSULTING SERVICES
Largest movements
- Receivables within one year -€60,186
down €60,186 (-26.3%), from €229,252 to €169,066
of which Other amounts receivable: -€42,849
- Tangible fixed assets +€29,038
up €29,038 (+590.7%), from €4,916 to €33,954
of which Furniture and vehicles: +€29,567
- Cash -€7,268
down €7,268 (-48.6%), from €14,952 to €7,684
mainly Investment in fixed assets (net) (-€39,080) and Trade debts (-€35,657)
- Trade debts -€35,657
down €35,657 (-29.7%), from €120,048 to €84,391
of which Bills of exchange payable: -€22,511
- Other debts +€13,624
up €13,624 (+95.9%), from €14,203 to €27,828
- Tax, wage and social debts -€5,934
down €5,934 (-37.2%), from €15,945 to €10,012
of which Remuneration and social security: -€4,475
- Advances received -€4,000
no longer reported in 2025 (was €4,000)
- Profit (loss) carried forward -€3,157
down €3,157 (-4.4%), from €72,511 to €69,353
- Depreciation +€5,435
up €5,435 (+118.0%), from €4,607 to €10,042
- Financial charges +€2,523
up €2,523 (+88.6%), from €2,847 to €5,370
- Taxes +€2,296
up €2,296 (+57.9%), from €3,963 to €6,259
- Gross operating margin -€1,794
down €1,794 (-7.8%), from €23,097 to €21,304
- Other operating charges -€791
down €791 (-22.1%), from €3,582 to €2,791
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 | €250,605 | €212,189 | -€38,416 | -15.3% |
| Fixed assets | 21/28 | €6,401 | €35,439 | +€29,038 | +453.6% |
| Tangible fixed assets | 22/27 | €4,916 | €33,954 | +€29,038 | +590.7% |
| Plant, machinery and equipment | 23 | €2,231 | €1,702 | -€528 | -23.7% |
| Furniture and vehicles | 24 | €2,685 | €32,252 | +€29,567 | +1101.0% |
| Financial fixed assets | 28 | €1,485 | €1,485 | = | 0.0% |
| Current assets | 29/58 | €244,204 | €176,750 | -€67,454 | -27.6% |
| Amounts receivable within one year | 40/41 | €229,252 | €169,066 | -€60,186 | -26.3% |
| Trade receivables | 40 | €101,696 | €84,359 | -€17,337 | -17.0% |
| Other amounts receivable | 41 | €127,556 | €84,707 | -€42,849 | -33.6% |
| Cash at bank and in hand | 54/58 | €14,952 | €7,684 | -€7,268 | -48.6% |
| Total equity and liabilities | 10/49 | €250,605 | €212,189 | -€38,416 | -15.3% |
| Equity | 10/15 | €93,113 | €89,956 | -€3,157 | -3.4% |
| Contributions | 10/11 | €14,700 | €14,700 | = | 0.0% |
| Reserves | 13 | €5,902 | €5,902 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,929 | €1,929 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,929 | €1,929 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,973 | €3,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,511 | €69,353 | -€3,157 | -4.4% |
| Amounts payable | 17/49 | €157,492 | €122,234 | -€35,258 | -22.4% |
| Amounts payable after more than one year | 17 | €259 | - | -€259 | |
| Financial debts | 170/4 | €259 | - | -€259 | |
| Amounts payable within one year | 42/48 | €157,233 | €122,234 | -€35,000 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €3,033 | - | -€3,033 | |
| Financial debts | 43 | €4 | €4 | = | 0.0% |
| Credit institutions | 430/8 | €4 | €4 | = | 0.0% |
| Trade debts | 44 | €120,048 | €84,391 | -€35,657 | -29.7% |
| Suppliers | 440/4 | €97,537 | €84,391 | -€13,146 | -13.5% |
| Bills of exchange payable | 441 | €22,511 | - | -€22,511 | |
| Advances received on contracts in progress | 46 | €4,000 | - | -€4,000 | |
| Taxes, remuneration and social security | 45 | €15,945 | €10,012 | -€5,934 | -37.2% |
| Taxes | 450/3 | €11,470 | €10,012 | -€1,459 | -12.7% |
| Remuneration and social security | 454/9 | €4,475 | - | -€4,475 | |
| Other amounts payable | 47/48 | €14,203 | €27,828 | +€13,624 | +95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,607 | €10,042 | +€5,435 | +118.0% |
| Other operating charges | 640/8 | €3,582 | €2,791 | -€791 | -22.1% |
| Gross operating margin | 9900 | €23,097 | €21,304 | -€1,794 | -7.8% |
| Operating profit (loss) | 9901 | €14,909 | €8,471 | -€6,438 | -43.2% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €2,847 | €5,370 | +€2,523 | +88.6% |
| Recurring financial charges | 65 | €2,847 | €5,370 | +€2,523 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €12,075 | €3,101 | -€8,974 | -74.3% |
| Income taxes | 67/77 | €3,963 | €6,259 | +€2,296 | +57.9% |
| Profit (loss) for the period | 9904 | €8,112 | -€3,157 | -€11,270 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,112 | -€3,157 | -€11,270 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.