ERFIN: 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.
ERFIN
Largest movements
- Cash +€158,217
up €158,217 (+20741.5%), from €763 to €158,979
mainly Net result for the year (+€98,217) and Other debts (+€60,000)
- Profit (loss) carried forward +€98,217
up €98,217 (+33.8%), from €290,687 to €388,903
- Other debts +€60,000
up €60,000 (+23.5%), from €255,000 to €315,000
- Financial charges +€15
up €15 (+10.0%), from €150 to €165
of which Financial charges: +€15
- Gross operating margin -€13
down €13 (-1.4%), from -€952 to -€965
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 | €655,687 | €813,903 | +€158,217 | +24.1% |
| Fixed assets | 21/28 | €654,924 | €654,924 | = | 0.0% |
| Financial fixed assets | 28 | €654,924 | €654,924 | = | 0.0% |
| Current assets | 29/58 | €763 | €158,979 | +€158,217 | +20741.5% |
| Cash at bank and in hand | 54/58 | €763 | €158,979 | +€158,217 | +20741.5% |
| Total equity and liabilities | 10/49 | €655,687 | €813,903 | +€158,217 | +24.1% |
| Equity | 10/15 | €400,687 | €498,903 | +€98,217 | +24.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €290,687 | €388,903 | +€98,217 | +33.8% |
| Amounts payable | 17/49 | €255,000 | €315,000 | +€60,000 | +23.5% |
| Amounts payable within one year | 42/48 | €255,000 | €315,000 | +€60,000 | +23.5% |
| Other amounts payable | 47/48 | €255,000 | €315,000 | +€60,000 | +23.5% |
| Other operating charges | 640/8 | €648 | €654 | +€6 | +0.9% |
| Gross operating margin | 9900 | -€952 | -€965 | -€13 | -1.4% |
| Operating profit (loss) | 9901 | -€1,600 | -€1,618 | -€19 | -1.2% |
| Financial income | 75/76B | €100,000 | €100,000 | = | 0.0% |
| Recurring financial income | 75 | €100,000 | €100,000 | = | 0.0% |
| Financial charges | 65/66B | €150 | €165 | +€15 | +10.0% |
| Recurring financial charges | 65 | €150 | €165 | +€15 | +10.0% |
| Non-recurring financial charges | 66B | €150 | €165 | +€15 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €98,250 | €98,217 | -€34 | 0.0% |
| Profit (loss) for the period | 9904 | €98,250 | €98,217 | -€34 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,250 | €98,217 | -€34 | 0.0% |
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 4 October 2026 via checked.be.