ERGE MANAGEMENT & SERVICES: 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.
ERGE MANAGEMENT & SERVICES
Largest movements
- Cash +€64,117
up €64,117 (+162%), from €39,529 to €103,645
mainly Net result for the year (+€78,462) and Trade debts (+€575)
- Receivables within one year +€14,441
up €14,441 (+63.0%), from €22,935 to €37,376
of which Trade receivables: +€7,569
- Profit (loss) carried forward +€78,462
up €78,462 (+149%), from €52,613 to €131,075
- Gross operating margin +€35,350
up €35,350 (+44.3%), from €79,724 to €115,074
- Taxes +€7,314
up €7,314 (+51.4%), from €14,218 to €21,532
- Staff costs +€2,450
up €2,450 (+19.2%), from €12,731 to €15,181
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.
Derived cash bridge
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 | €62,464 | €141,021 | +€78,557 | +126% |
| Current assets | 29/58 | €62,464 | €141,021 | +€78,557 | +126% |
| Amounts receivable within one year | 40/41 | €22,935 | €37,376 | +€14,441 | +63.0% |
| Trade receivables | 40 | €19,935 | €27,504 | +€7,569 | +38.0% |
| Other amounts receivable | 41 | €3,000 | €9,872 | +€6,872 | +229% |
| Cash at bank and in hand | 54/58 | €39,529 | €103,645 | +€64,117 | +162% |
| Total equity and liabilities | 10/49 | €62,464 | €141,021 | +€78,557 | +126% |
| Equity | 10/15 | €55,613 | €134,075 | +€78,462 | +141% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,613 | €131,075 | +€78,462 | +149% |
| Amounts payable | 17/49 | €6,851 | €6,947 | +€96 | +1.4% |
| Amounts payable within one year | 42/48 | €6,851 | €6,947 | +€96 | +1.4% |
| Trade debts | 44 | €16 | €591 | +€575 | +3,518% |
| Suppliers | 440/4 | €16 | €591 | +€575 | +3,518% |
| Taxes, remuneration and social security | 45 | €6,834 | €6,355 | -€479 | -7.0% |
| Taxes | 450/3 | €6,658 | €6,179 | -€479 | -7.2% |
| Remuneration and social security | 454/9 | €176 | €176 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €12,731 | €15,181 | +€2,450 | +19.2% |
| Other operating charges | 640/8 | €162 | - | -€162 | |
| Gross operating margin | 9900 | €79,724 | €115,074 | +€35,350 | +44.3% |
| Operating profit (loss) | 9901 | €66,831 | €99,893 | +€33,062 | +49.5% |
| Financial income | 75/76B | - | €196 | +€196 | |
| Recurring financial income | 75 | - | €196 | +€196 | |
| Financial charges | 65/66B | - | €95 | +€95 | |
| Recurring financial charges | 65 | - | €95 | +€95 | |
| Profit (loss) for the period before taxes | 9903 | €66,831 | €99,994 | +€33,163 | +49.6% |
| Income taxes | 67/77 | €14,218 | €21,532 | +€7,314 | +51.4% |
| Profit (loss) for the period | 9904 | €52,613 | €78,462 | +€25,848 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,613 | €78,462 | +€25,848 | +49.1% |
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 20 October 2026 via checked.be.