ERES MANAGEMENT: 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.
ERES MANAGEMENT
Largest movements
- Receivables after one year +€83,350
up €83,350 (+178.7%), from €46,650 to €130,000
- Receivables within one year -€81,804
down €81,804 (-85.4%), from €95,830 to €14,026
- Deferred charges and accrued income -€4,753
down €4,753 (-82.4%), from €5,769 to €1,016
- Profit (loss) carried forward -€3,206
down €3,206 (-2.7%), from €117,223 to €114,017
- Gross operating margin +€2,784
up €2,784 (+41.0%), from -€6,784 to -€4,000
- Financial income +€1,016
new in 2025: €1,016
- Other operating charges +€182
new in 2025: €182
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 | €148,251 | €145,045 | -€3,206 | -2.2% |
| Current assets | 29/58 | €148,251 | €145,045 | -€3,206 | -2.2% |
| Amounts receivable after more than one year | 29 | €46,650 | €130,000 | +€83,350 | +178.7% |
| Other amounts receivable | 291 | €46,650 | €130,000 | +€83,350 | +178.7% |
| Amounts receivable within one year | 40/41 | €95,830 | €14,026 | -€81,804 | -85.4% |
| Other amounts receivable | 41 | €95,830 | €14,026 | -€81,804 | -85.4% |
| Cash at bank and in hand | 54/58 | €2 | €3 | +€1 | +50.0% |
| Deferred charges and accrued income | 490/1 | €5,769 | €1,016 | -€4,753 | -82.4% |
| Total equity and liabilities | 10/49 | €148,251 | €145,045 | -€3,206 | -2.2% |
| Equity | 10/15 | €148,251 | €145,045 | -€3,206 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,428 | €12,428 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,568 | €10,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,223 | €114,017 | -€3,206 | -2.7% |
| Amounts payable | 17/49 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other operating charges | 640/8 | - | €182 | +€182 | |
| Gross operating margin | 9900 | -€6,784 | -€4,000 | +€2,784 | +41.0% |
| Operating profit (loss) | 9901 | -€6,784 | -€4,182 | +€2,602 | +38.4% |
| Financial income | 75/76B | - | €1,016 | +€1,016 | |
| Recurring financial income | 75 | - | €1,016 | +€1,016 | |
| Financial charges | 65/66B | - | €40 | +€40 | |
| Recurring financial charges | 65 | - | €40 | +€40 | |
| Profit (loss) for the period before taxes | 9903 | -€6,784 | -€3,206 | +€3,578 | +52.7% |
| Profit (loss) for the period | 9904 | -€6,784 | -€3,206 | +€3,578 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,784 | -€3,206 | +€3,578 | +52.7% |
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.