ERESCO: 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.
ERESCO
Largest movements
- Cash +€97,396
up €97,396 (+187.9%), from €51,822 to €149,218
mainly Net result for the year (+€59,455) and Stocks and contracts (+€44,000)
- Stocks and contracts -€44,000
down €44,000 (-41.5%), from €106,000 to €62,000
- Tangible fixed assets -€11,320
down €11,320 (-18.9%), from €59,783 to €48,463
of which Land and buildings: -€10,750
- Receivables within one year +€8,279
up €8,279 (+4.6%), from €179,218 to €187,497
of which Other amounts receivable: +€8,279
- Reserves +€59,455
up €59,455 (+21.2%), from €280,847 to €340,302
of which Distributable reserves: +€59,455
- Debts after one year -€19,481
down €19,481 (-38.1%), from €51,140 to €31,659
- Tax, wage and social debts +€14,374
up €14,374 (+1054.6%), from €1,363 to €15,737
- Trade debts +€8,979
up €8,979 (+317.9%), from €2,825 to €11,803
- Accrued charges and deferred income -€8,814
down €8,814 (-89.9%), from €9,809 to €995
- Gross operating margin +€40,047
up €40,047 (+58.3%), from €68,672 to €108,719
- Taxes +€12,541
up €12,541 (+58.3%), from €21,499 to €34,040
- Other operating charges -€11,687
down €11,687 (-73.9%), from €15,814 to €4,127
- Depreciation -€1,545
down €1,545 (-12.0%), from €12,865 to €11,320
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 | €399,223 | €449,577 | +€50,355 | +12.6% |
| Fixed assets | 21/28 | €59,783 | €48,463 | -€11,320 | -18.9% |
| Tangible fixed assets | 22/27 | €59,783 | €48,463 | -€11,320 | -18.9% |
| Land and buildings | 22 | €57,050 | €46,300 | -€10,750 | -18.8% |
| Plant, machinery and equipment | 23 | €1,270 | €891 | -€378 | -29.8% |
| Furniture and vehicles | 24 | €1,463 | €1,272 | -€192 | -13.1% |
| Current assets | 29/58 | €339,440 | €401,115 | +€61,675 | +18.2% |
| Stocks and contracts in progress | 3 | €106,000 | €62,000 | -€44,000 | -41.5% |
| Stocks | 30/36 | €106,000 | €62,000 | -€44,000 | -41.5% |
| Amounts receivable within one year | 40/41 | €179,218 | €187,497 | +€8,279 | +4.6% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | €161,068 | €169,347 | +€8,279 | +5.1% |
| Cash at bank and in hand | 54/58 | €51,822 | €149,218 | +€97,396 | +187.9% |
| Deferred charges and accrued income | 490/1 | €2,400 | €2,400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €399,223 | €449,577 | +€50,355 | +12.6% |
| Equity | 10/15 | €299,447 | €358,902 | +€59,455 | +19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €280,847 | €340,302 | +€59,455 | +21.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €278,987 | €338,442 | +€59,455 | +21.3% |
| Amounts payable | 17/49 | €99,776 | €90,675 | -€9,100 | -9.1% |
| Amounts payable after more than one year | 17 | €51,140 | €31,659 | -€19,481 | -38.1% |
| Financial debts | 170/4 | €51,140 | €31,659 | -€19,481 | -38.1% |
| Amounts payable within one year | 42/48 | €38,827 | €58,022 | +€19,195 | +49.4% |
| Current portion of amounts payable after more than one year | 42 | €27,639 | €19,481 | -€8,159 | -29.5% |
| Financial debts | 43 | €7,000 | €11,000 | +€4,000 | +57.1% |
| Credit institutions | 430/8 | €7,000 | €11,000 | +€4,000 | +57.1% |
| Trade debts | 44 | €2,825 | €11,803 | +€8,979 | +317.9% |
| Suppliers | 440/4 | €2,825 | €11,803 | +€8,979 | +317.9% |
| Taxes, remuneration and social security | 45 | €1,363 | €15,737 | +€14,374 | +1054.6% |
| Taxes | 450/3 | €1,363 | €15,737 | +€14,374 | +1054.6% |
| Accrued charges and deferred income | 492/3 | €9,809 | €995 | -€8,814 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,865 | €11,320 | -€1,545 | -12.0% |
| Other operating charges | 640/8 | €15,814 | €4,127 | -€11,687 | -73.9% |
| Gross operating margin | 9900 | €68,672 | €108,719 | +€40,047 | +58.3% |
| Operating profit (loss) | 9901 | €39,993 | €93,272 | +€53,279 | +133.2% |
| Financial income | 75/76B | €2,400 | €2,400 | +€0 | 0.0% |
| Recurring financial income | 75 | €2,400 | €2,400 | +€0 | 0.0% |
| Financial charges | 65/66B | €2,392 | €2,177 | -€215 | -9.0% |
| Recurring financial charges | 65 | €2,392 | €2,177 | -€215 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €40,001 | €93,495 | +€53,494 | +133.7% |
| Income taxes | 67/77 | €21,499 | €34,040 | +€12,541 | +58.3% |
| Profit (loss) for the period | 9904 | €18,502 | €59,455 | +€40,953 | +221.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,502 | €59,455 | +€40,953 | +221.3% |
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 3 October 2026 via checked.be.