ERFIPRO: 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.
ERFIPRO
Largest movements
- Cash +€31,601
up €31,601 (+117.6%), from €26,877 to €58,478
mainly Net result for the year (+€50,814) and Tax, wage and social debts (+€6,595)
- Receivables within one year +€23,000
up €23,000 (+487.6%), from €4,717 to €27,716
of which Trade receivables: +€24,291
- Profit (loss) carried forward +€50,814
new in 2025: €50,814
- Tax, wage and social debts +€6,595
up €6,595 (+2165.7%), from €305 to €6,900
- Other debts -€4,093
down €4,093 (-75.6%), from €5,414 to €1,321
- Gross operating margin +€76,445
up €76,445, from -€6,193 to €70,252
- Taxes +€16,442
new in 2025: €16,442
- Financial charges +€2,095
up €2,095 (+1162.3%), from €180 to €2,276
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 | €33,747 | €88,242 | +€54,495 | +161.5% |
| Fixed assets | 21/28 | €15 | €15 | = | 0.0% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €33,732 | €88,227 | +€54,495 | +161.6% |
| Amounts receivable within one year | 40/41 | €4,717 | €27,716 | +€23,000 | +487.6% |
| Trade receivables | 40 | €3,424 | €27,715 | +€24,291 | +709.4% |
| Other amounts receivable | 41 | €1,292 | €1 | -€1,291 | -99.9% |
| Cash at bank and in hand | 54/58 | €26,877 | €58,478 | +€31,601 | +117.6% |
| Deferred charges and accrued income | 490/1 | €2,139 | €2,033 | -€106 | -5.0% |
| Total equity and liabilities | 10/49 | €33,747 | €88,242 | +€54,495 | +161.5% |
| Equity | 10/15 | €28,029 | €78,843 | +€50,814 | +181.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,429 | €9,429 | = | 0.0% |
| Distributable reserves | 133 | €9,429 | €9,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €50,814 | +€50,814 | |
| Amounts payable | 17/49 | €5,718 | €9,399 | +€3,680 | +64.4% |
| Amounts payable within one year | 42/48 | €5,718 | €8,944 | +€3,225 | +56.4% |
| Trade debts | 44 | - | €723 | +€723 | |
| Suppliers | 440/4 | - | €723 | +€723 | |
| Taxes, remuneration and social security | 45 | €305 | €6,900 | +€6,595 | +2165.7% |
| Taxes | 450/3 | €305 | €6,900 | +€6,595 | +2165.7% |
| Other amounts payable | 47/48 | €5,414 | €1,321 | -€4,093 | -75.6% |
| Accrued charges and deferred income | 492/3 | - | €455 | +€455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308 | - | -€308 | |
| Other operating charges | 640/8 | €537 | €722 | +€185 | +34.4% |
| Gross operating margin | 9900 | -€6,193 | €70,252 | +€76,445 | |
| Operating profit (loss) | 9901 | -€7,038 | €69,530 | +€76,568 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +955.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +955.0% |
| Financial charges | 65/66B | €180 | €2,276 | +€2,095 | +1162.3% |
| Recurring financial charges | 65 | €180 | €2,276 | +€2,095 | +1162.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,218 | €67,257 | +€74,475 | |
| Income taxes | 67/77 | - | €16,442 | +€16,442 | |
| Profit (loss) for the period | 9904 | -€7,218 | €50,814 | +€58,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,218 | €50,814 | +€58,033 |
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 9 October 2026 via checked.be.