Erfpunt: 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.
Erfpunt
Largest movements
- Receivables within one year +€139,067
up €139,067 (+204.7%), from €67,934 to €207,001
of which Trade receivables: +€138,977
- Cash -€48,611
down €48,611 (-44.2%), from €110,060 to €61,449
mainly Receivables within one year (-€139,067) and Investment in fixed assets (net) (-€29,009)
- Current investments -€23,164
down €23,164 (-16.5%), from €140,641 to €117,476
- Tangible fixed assets +€14,585
up €14,585 (+69.3%), from €21,051 to €35,635
of which Furniture and vehicles: +€15,637
- Deferred charges and accrued income +€11,350
new in 2025: €11,350
- Trade debts +€91,420
up €91,420 (+658.1%), from €13,892 to €105,313
- Accrued charges and deferred income +€5,122
up €5,122 (+4.2%), from €120,826 to €125,948
- Gross operating margin -€39,208
down €39,208 (-5.3%), from €739,769 to €700,561
- Staff costs -€32,831
down €32,831 (-4.6%), from €710,790 to €677,959
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 | €344,552 | €438,711 | +€94,159 | +27.3% |
| Fixed assets | 21/28 | €25,917 | €41,434 | +€15,518 | +59.9% |
| Intangible fixed assets | 21 | €4,306 | €3,989 | -€317 | -7.4% |
| Tangible fixed assets | 22/27 | €21,051 | €35,635 | +€14,585 | +69.3% |
| Plant, machinery and equipment | 23 | €2,432 | €1,379 | -€1,052 | -43.3% |
| Furniture and vehicles | 24 | €18,619 | €34,256 | +€15,637 | +84.0% |
| Financial fixed assets | 28 | €560 | €1,810 | +€1,250 | +223.2% |
| Current assets | 29/58 | €318,635 | €397,277 | +€78,642 | +24.7% |
| Amounts receivable within one year | 40/41 | €67,934 | €207,001 | +€139,067 | +204.7% |
| Trade receivables | 40 | €52,934 | €191,912 | +€138,977 | +262.5% |
| Other amounts receivable | 41 | €15,000 | €15,089 | +€89 | +0.6% |
| Current investments | 50/53 | €140,641 | €117,476 | -€23,164 | -16.5% |
| Cash at bank and in hand | 54/58 | €110,060 | €61,449 | -€48,611 | -44.2% |
| Deferred charges and accrued income | 490/1 | - | €11,350 | +€11,350 | |
| Total equity and liabilities | 10/49 | €344,552 | €438,711 | +€94,159 | +27.3% |
| Equity | 10/15 | €141,743 | €140,814 | -€929 | -0.7% |
| Profit (loss) carried forward | 14 | €141,743 | €140,814 | -€929 | -0.7% |
| Amounts payable | 17/49 | €202,809 | €297,897 | +€95,088 | +46.9% |
| Amounts payable within one year | 42/48 | €81,983 | €171,949 | +€89,966 | +109.7% |
| Current portion of amounts payable after more than one year | 42 | €904 | - | -€904 | |
| Trade debts | 44 | €13,892 | €105,313 | +€91,420 | +658.1% |
| Suppliers | 440/4 | €13,892 | €105,313 | +€91,420 | +658.1% |
| Taxes, remuneration and social security | 45 | €67,187 | €66,636 | -€551 | -0.8% |
| Taxes | 450/3 | €15,649 | €15,297 | -€352 | -2.2% |
| Remuneration and social security | 454/9 | €51,538 | €51,339 | -€199 | -0.4% |
| Accrued charges and deferred income | 492/3 | €120,826 | €125,948 | +€5,122 | +4.2% |
| Remuneration, social security and pensions | 62 | €710,790 | €677,959 | -€32,831 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,024 | €13,491 | +€2,467 | +22.4% |
| Other operating charges | 640/8 | €364 | €368 | +€5 | +1.3% |
| Gross operating margin | 9900 | €739,769 | €700,561 | -€39,208 | -5.3% |
| Operating profit (loss) | 9901 | €17,591 | €8,742 | -€8,850 | -50.3% |
| Financial income | 75/76B | €346 | €593 | +€247 | +71.3% |
| Recurring financial income | 75 | €346 | €593 | +€247 | +71.3% |
| Financial charges | 65/66B | €964 | €959 | -€4 | -0.5% |
| Recurring financial charges | 65 | €964 | €959 | -€4 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €16,974 | €8,376 | -€8,598 | -50.7% |
| Income taxes | 67/77 | €8,092 | €9,304 | +€1,212 | +15.0% |
| Profit (loss) for the period | 9904 | €8,882 | -€929 | -€9,810 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,882 | -€929 | -€9,810 |
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 2 October 2026 via checked.be.