ERFI CONSULTANCY: 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.
ERFI CONSULTANCY
Largest movements
- Tangible fixed assets -€30,555
down €30,555 (-8.4%), from €363,536 to €332,981
of which Land and buildings: -€29,393
- Profit (loss) carried forward -€32,125
down €32,125 (-10.2%), from -€316,151 to -€348,276
- Gross operating margin -€10,941
down €10,941 (-68.8%), from €15,899 to €4,958
- Financial charges -€1,148
down €1,148 (-96.2%), from €1,193 to €45
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 | €368,474 | €337,851 | -€30,623 | -8.3% |
| Fixed assets | 21/28 | €363,536 | €332,981 | -€30,555 | -8.4% |
| Tangible fixed assets | 22/27 | €363,536 | €332,981 | -€30,555 | -8.4% |
| Land and buildings | 22 | €361,131 | €331,737 | -€29,393 | -8.1% |
| Furniture and vehicles | 24 | €2,405 | €1,244 | -€1,161 | -48.3% |
| Current assets | 29/58 | €4,938 | €4,869 | -€69 | -1.4% |
| Amounts receivable within one year | 40/41 | - | €45 | +€45 | |
| Trade receivables | 40 | - | €45 | +€45 | |
| Cash at bank and in hand | 54/58 | €4,938 | €4,824 | -€114 | -2.3% |
| Total equity and liabilities | 10/49 | €368,474 | €337,851 | -€30,623 | -8.3% |
| Equity | 10/15 | €148,970 | €116,845 | -€32,125 | -21.6% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Revaluation surpluses | 12 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €121 | €121 | = | 0.0% |
| Tax-exempt reserves | 132 | €121 | €121 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€316,151 | -€348,276 | -€32,125 | -10.2% |
| Amounts payable | 17/49 | €219,504 | €221,005 | +€1,501 | +0.7% |
| Amounts payable after more than one year | 17 | €214,560 | €214,560 | = | 0.0% |
| Financial debts | 170/4 | €210,000 | €210,000 | = | 0.0% |
| Other amounts payable | 178/9 | €4,560 | €4,560 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,944 | €5,570 | +€626 | +12.7% |
| Trade debts | 44 | €3,015 | €1,751 | -€1,263 | -41.9% |
| Suppliers | 440/4 | €3,015 | €1,751 | -€1,263 | -41.9% |
| Other amounts payable | 47/48 | €1,929 | €3,819 | +€1,889 | +97.9% |
| Accrued charges and deferred income | 492/3 | - | €875 | +€875 | |
| Remuneration, social security and pensions | 62 | €14 | €91 | +€77 | +551.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,555 | €30,555 | = | 0.0% |
| Other operating charges | 640/8 | €6,129 | €6,275 | +€145 | +2.4% |
| Non-recurring operating charges | 66A | €401 | €121 | -€280 | -69.7% |
| Gross operating margin | 9900 | €15,899 | €4,958 | -€10,941 | -68.8% |
| Operating profit (loss) | 9901 | -€21,200 | -€32,084 | -€10,884 | -51.3% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,193 | €45 | -€1,148 | -96.2% |
| Recurring financial charges | 65 | €1,193 | €45 | -€1,148 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,393 | -€32,125 | -€9,732 | -43.5% |
| Profit (loss) for the period | 9904 | -€22,393 | -€32,125 | -€9,732 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,393 | -€32,125 | -€9,732 | -43.5% |
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 12 October 2026 via checked.be.