EREAC: 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.
EREAC
Largest movements
- Cash +€1,731
up €1,731 (+2.7%), from €64,495 to €66,226
mainly Trade debts (+€44,055) and Other debts (+€2,376)
- Stocks and contracts -€1,500
down €1,500 (-42.9%), from €3,500 to €2,000
of which Stocks: -€1,000
- Advances received -€46,804
no longer reported in 2025 (was €46,804)
- Trade debts +€44,055
up €44,055 (+1,116%), from €3,949 to €48,004
of which Bills of exchange payable: +€46,804
- Other debts +€2,376
up €2,376 (+7.2%), from €33,138 to €35,514
- Gross operating margin -€2,712
down €2,712 (-50.1%), from €5,413 to €2,701
- Taxes +€589
up €589 (+48.3%), from €1,219 to €1,808
- Depreciation +€437
up €437 (+1,900%), from €23 to €460
- Financial charges +€57
up €57 (+82.6%), from €69 to €126
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 | €112,767 | €112,137 | -€630 | -0.6% |
| Fixed assets | 21/28 | €2,277 | €1,817 | -€460 | -20.2% |
| Tangible fixed assets | 22/27 | €2,277 | €1,817 | -€460 | -20.2% |
| Plant, machinery and equipment | 23 | €2,277 | €1,817 | -€460 | -20.2% |
| Current assets | 29/58 | €110,490 | €110,320 | -€170 | -0.2% |
| Stocks and contracts in progress | 3 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Stocks | 30/36 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Contracts in progress | 37 | €1,500 | €1,000 | -€500 | -33.3% |
| Amounts receivable within one year | 40/41 | €3,814 | €3,413 | -€401 | -10.5% |
| Trade receivables | 40 | €3,252 | €3,252 | = | 0.0% |
| Other amounts receivable | 41 | €562 | €161 | -€401 | -71.4% |
| Cash at bank and in hand | 54/58 | €64,495 | €66,226 | +€1,731 | +2.7% |
| Deferred charges and accrued income | 490/1 | €38,681 | €38,681 | = | 0.0% |
| Total equity and liabilities | 10/49 | €112,767 | €112,137 | -€630 | -0.6% |
| Equity | 10/15 | €25,182 | €24,917 | -€265 | -1.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €7,901 | €7,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €125 | €7,901 | +€7,776 | +6,221% |
| Reserves not available under the articles | 1311 | €125 | €125 | = | 0.0% |
| Other | 1319 | - | €7,776 | +€7,776 | |
| Tax-exempt reserves | 132 | €7,776 | - | -€7,776 | |
| Profit (loss) carried forward | 14 | -€7,719 | -€7,984 | -€265 | -3.4% |
| Amounts payable | 17/49 | €87,585 | €87,220 | -€365 | -0.4% |
| Amounts payable within one year | 42/48 | €83,989 | €83,624 | -€365 | -0.4% |
| Trade debts | 44 | €3,949 | €48,004 | +€44,055 | +1,116% |
| Suppliers | 440/4 | €3,949 | €1,200 | -€2,749 | -69.6% |
| Bills of exchange payable | 441 | - | €46,804 | +€46,804 | |
| Advances received on contracts in progress | 46 | €46,804 | - | -€46,804 | |
| Taxes, remuneration and social security | 45 | €98 | €106 | +€8 | +8.2% |
| Taxes | 450/3 | €98 | €106 | +€8 | +8.2% |
| Other amounts payable | 47/48 | €33,138 | €35,514 | +€2,376 | +7.2% |
| Accrued charges and deferred income | 492/3 | €3,596 | €3,596 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23 | €460 | +€437 | +1,900% |
| Other operating charges | 640/8 | €519 | €572 | +€53 | +10.2% |
| Gross operating margin | 9900 | €5,413 | €2,701 | -€2,712 | -50.1% |
| Operating profit (loss) | 9901 | €4,871 | €1,669 | -€3,202 | -65.7% |
| Financial charges | 65/66B | €69 | €126 | +€57 | +82.6% |
| Recurring financial charges | 65 | €69 | €126 | +€57 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | €4,802 | €1,543 | -€3,259 | -67.9% |
| Income taxes | 67/77 | €1,219 | €1,808 | +€589 | +48.3% |
| Profit (loss) for the period | 9904 | €3,583 | -€265 | -€3,848 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,583 | -€265 | -€3,848 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.