Ergo-Pau: 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.
Ergo-Pau
Largest movements
- Cash +€20,441
up €20,441 (+109%), from €18,765 to €39,207
mainly Net result for the year (+€18,492) and Receivables within one year (+€2,687)
- Receivables within one year -€2,687
down €2,687 (-19.3%), from €13,928 to €11,242
of which Trade receivables: -€10,380
- Profit (loss) carried forward +€12,659
up €12,659 (+2,927%), from €432 to €13,091
- Reserves +€5,000
up €5,000 (+31.3%), from €16,000 to €21,000
- Other debts -€583
no longer reported in 2025 (was €583)
- Gross operating margin -€1,981
down €1,981 (-7.5%), from €26,560 to €24,579
- Staff costs -€1,760
no longer reported in 2025 (was €1,760)
- Taxes -€1,143
down €1,143 (-15.4%), from €7,416 to €6,273
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 | €32,693 | €50,495 | +€17,802 | +54.5% |
| Current assets | 29/58 | €32,693 | €50,495 | +€17,802 | +54.5% |
| Amounts receivable within one year | 40/41 | €13,928 | €11,242 | -€2,687 | -19.3% |
| Trade receivables | 40 | €13,928 | €3,548 | -€10,380 | -74.5% |
| Other amounts receivable | 41 | - | €7,694 | +€7,694 | |
| Cash at bank and in hand | 54/58 | €18,765 | €39,207 | +€20,441 | +109% |
| Deferred charges and accrued income | 490/1 | - | €47 | +€47 | |
| Total equity and liabilities | 10/49 | €32,693 | €50,495 | +€17,802 | +54.5% |
| Equity | 10/15 | €18,432 | €36,091 | +€17,659 | +95.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €21,000 | +€5,000 | +31.3% |
| Distributable reserves | 133 | €16,000 | €21,000 | +€5,000 | +31.3% |
| Profit (loss) carried forward | 14 | €432 | €13,091 | +€12,659 | +2,927% |
| Amounts payable | 17/49 | €14,261 | €14,404 | +€143 | +1.0% |
| Amounts payable within one year | 42/48 | €14,261 | €14,404 | +€143 | +1.0% |
| Trade debts | 44 | €12 | €465 | +€453 | +3,775% |
| Suppliers | 440/4 | €12 | €465 | +€453 | +3,775% |
| Taxes, remuneration and social security | 45 | €13,666 | €13,939 | +€273 | +2.0% |
| Taxes | 450/3 | €13,666 | €13,939 | +€273 | +2.0% |
| Other amounts payable | 47/48 | €583 | - | -€583 | |
| Remuneration, social security and pensions | 62 | €1,760 | - | -€1,760 | |
| Gross operating margin | 9900 | €26,560 | €24,579 | -€1,981 | -7.5% |
| Operating profit (loss) | 9901 | €24,800 | €24,579 | -€221 | -0.9% |
| Financial income | 75/76B | €3 | €217 | +€214 | +7,150% |
| Recurring financial income | 75 | €3 | €217 | +€214 | +7,150% |
| Financial charges | 65/66B | €121 | €31 | -€90 | -74.3% |
| Recurring financial charges | 65 | €121 | €31 | -€90 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €24,681 | €24,765 | +€84 | +0.3% |
| Income taxes | 67/77 | €7,416 | €6,273 | -€1,143 | -15.4% |
| Profit (loss) for the period | 9904 | €17,265 | €18,492 | +€1,227 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,265 | €18,492 | +€1,227 | +7.1% |
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 18 October 2026 via checked.be.