Erembodegem Estate: 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.
Erembodegem Estate
Largest movements
- Receivables within one year +€457,583
up €457,583 (+711%), from €64,341 to €521,925
- Cash -€379,966
down €379,966 (-78.6%), from €483,127 to €103,161
mainly Contributions, distributions and other (-€500,000) and Receivables within one year (-€457,583)
- Tangible fixed assets -€71,599
down €71,599 (-9.7%), from €741,295 to €669,696
- Reserves -€400,000
down €400,000 (-98.5%), from €406,200 to €6,200
of which Distributable reserves: -€400,000
- Profit (loss) carried forward +€205,799
up €205,799 (+34.4%), from €597,423 to €803,221
- Other debts +€204,839
up €204,839 (+68.3%), from €300,000 to €504,839
- Gross operating margin +€103,779
up €103,779 (+26.2%), from €395,507 to €499,285
- Taxes +€26,543
up €26,543 (+36.0%), from €73,723 to €100,266
- Financial income -€6,191
down €6,191 (-51.6%), from €12,000 to €5,809
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 | €1,370,584 | €1,378,594 | +€8,010 | +0.6% |
| Fixed assets | 21/28 | €823,115 | €751,516 | -€71,599 | -8.7% |
| Tangible fixed assets | 22/27 | €741,295 | €669,696 | -€71,599 | -9.7% |
| Land and buildings | 22 | €741,295 | €669,696 | -€71,599 | -9.7% |
| Financial fixed assets | 28 | €81,820 | €81,820 | = | 0.0% |
| Current assets | 29/58 | €547,468 | €627,078 | +€79,609 | +14.5% |
| Amounts receivable within one year | 40/41 | €64,341 | €521,925 | +€457,583 | +711% |
| Other amounts receivable | 41 | €64,341 | €521,925 | +€457,583 | +711% |
| Cash at bank and in hand | 54/58 | €483,127 | €103,161 | -€379,966 | -78.6% |
| Deferred charges and accrued income | 490/1 | - | €1,992 | +€1,992 | |
| Total equity and liabilities | 10/49 | €1,370,584 | €1,378,594 | +€8,010 | +0.6% |
| Equity | 10/15 | €1,065,623 | €871,421 | -€194,201 | -18.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €406,200 | €6,200 | -€400,000 | -98.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €400,000 | - | -€400,000 | |
| Profit (loss) carried forward | 14 | €597,423 | €803,221 | +€205,799 | +34.4% |
| Amounts payable | 17/49 | €304,961 | €507,172 | +€202,211 | +66.3% |
| Amounts payable within one year | 42/48 | €304,961 | €507,172 | +€202,211 | +66.3% |
| Trade debts | 44 | €4,961 | €2,067 | -€2,894 | -58.3% |
| Suppliers | 440/4 | €4,961 | €2,067 | -€2,894 | -58.3% |
| Advances received on contracts in progress | 46 | - | €266 | +€266 | |
| Other amounts payable | 47/48 | €300,000 | €504,839 | +€204,839 | +68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,599 | €71,599 | -€0 | 0.0% |
| Other operating charges | 640/8 | €26,312 | €25,026 | -€1,286 | -4.9% |
| Gross operating margin | 9900 | €395,507 | €499,285 | +€103,779 | +26.2% |
| Operating profit (loss) | 9901 | €297,595 | €402,660 | +€105,065 | +35.3% |
| Financial income | 75/76B | €12,000 | €5,809 | -€6,191 | -51.6% |
| Recurring financial income | 75 | €12,000 | €5,809 | -€6,191 | -51.6% |
| Financial charges | 65/66B | €2,702 | €2,404 | -€298 | -11.0% |
| Recurring financial charges | 65 | €2,702 | €2,404 | -€298 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €306,893 | €406,065 | +€99,172 | +32.3% |
| Income taxes | 67/77 | €73,723 | €100,266 | +€26,543 | +36.0% |
| Profit (loss) for the period | 9904 | €233,170 | €305,799 | +€72,629 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €233,170 | €305,799 | +€72,629 | +31.1% |
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 15 October 2026 via checked.be.