ERGOFLEX: 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.
ERGOFLEX
Largest movements
- Receivables within one year +€731,345
up €731,345 (+28.8%), from €2.5m to €3.3m
of which Other amounts receivable: +€443,570
- Cash +€78,001
up €78,001 (+31.0%), from €251,367 to €329,368
mainly Tax, wage and social debts (+€522,705) and Net result for the year (+€286,780)
- Tax, wage and social debts +€522,705
up €522,705 (+242.1%), from €215,875 to €738,580
of which Remuneration and social security: +€426,495
- Reserves +€286,780
up €286,780 (+12.9%), from €2.2m to €2.5m
of which Distributable reserves: +€286,780
- Turnover +€1.1m
up €1.1m (+34.5%), from €3.3m to €4.5m
- Staff costs +€1.1m
up €1.1m (+35.8%), from €3.0m to €4.1m
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 | €2,790,330 | €3,599,677 | +€809,347 | +29.0% |
| Fixed assets | 21/28 | €1,375 | €1,375 | = | 0.0% |
| Financial fixed assets | 28 | €1,375 | €1,375 | = | 0.0% |
| Affiliated companies | 280/1 | €1,375 | €1,375 | = | 0.0% |
| Participating interests | 280 | €1,375 | €1,375 | = | 0.0% |
| Current assets | 29/58 | €2,788,956 | €3,598,303 | +€809,347 | +29.0% |
| Amounts receivable within one year | 40/41 | €2,537,589 | €3,268,934 | +€731,345 | +28.8% |
| Trade receivables | 40 | €344,979 | €632,754 | +€287,775 | +83.4% |
| Other amounts receivable | 41 | €2,192,610 | €2,636,180 | +€443,570 | +20.2% |
| Cash at bank and in hand | 54/58 | €251,367 | €329,368 | +€78,001 | +31.0% |
| Total equity and liabilities | 10/49 | €2,790,330 | €3,599,677 | +€809,347 | +29.0% |
| Equity | 10/15 | €2,516,714 | €2,803,493 | +€286,780 | +11.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €2,216,714 | €2,503,493 | +€286,780 | +12.9% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €2,186,714 | €2,473,493 | +€286,780 | +13.1% |
| Amounts payable | 17/49 | €273,617 | €796,184 | +€522,567 | +191.0% |
| Amounts payable within one year | 42/48 | €272,367 | €794,835 | +€522,468 | +191.8% |
| Trade debts | 44 | €56,492 | €56,255 | -€237 | -0.4% |
| Suppliers | 440/4 | €56,492 | €56,255 | -€237 | -0.4% |
| Taxes, remuneration and social security | 45 | €215,875 | €738,580 | +€522,705 | +242.1% |
| Taxes | 450/3 | €74,555 | €170,766 | +€96,210 | +129.0% |
| Remuneration and social security | 454/9 | €141,319 | €567,814 | +€426,495 | +301.8% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,349 | +€99 | +7.9% |
| Operating income | 70/76A | €3,333,524 | €4,477,436 | +€1.1m | +34.3% |
| Turnover | 70 | €3,320,900 | €4,466,659 | +€1.1m | +34.5% |
| Other operating income | 74 | €12,609 | €10,777 | -€1,832 | -14.5% |
| Non-recurring operating income | 76A | €16 | - | -€16 | |
| Operating charges | 60/66A | €3,073,719 | €4,151,345 | +€1.1m | +35.1% |
| Services and other goods | 61 | €63,599 | €59,106 | -€4,493 | -7.1% |
| Remuneration, social security and pensions | 62 | €3,005,251 | €4,081,545 | +€1.1m | +35.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€377 | €8,363 | +€8,740 | |
| Other operating charges | 640/8 | €2,733 | €2,331 | -€402 | -14.7% |
| Non-recurring operating charges | 66A | €2,514 | - | -€2,514 | |
| Operating profit (loss) | 9901 | €259,805 | €326,091 | +€66,286 | +25.5% |
| Financial income | 75/76B | €68,709 | €70,949 | +€2,239 | +3.3% |
| Recurring financial income | 75 | €68,709 | €70,949 | +€2,239 | +3.3% |
| Income from current assets | 751 | €61,726 | €70,828 | +€9,102 | +14.7% |
| Other financial income | 752/9 | €6,984 | €121 | -€6,863 | -98.3% |
| Financial charges | 65/66B | €549 | €612 | +€63 | +11.4% |
| Recurring financial charges | 65 | €549 | €612 | +€63 | +11.4% |
| Other financial charges | 652/9 | €549 | €612 | +€63 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €327,965 | €396,428 | +€68,462 | +20.9% |
| Income taxes | 67/77 | €85,108 | €109,648 | +€24,540 | +28.8% |
| Taxes | 670/3 | €85,108 | €109,648 | +€24,540 | +28.8% |
| Profit (loss) for the period | 9904 | €242,858 | €286,780 | +€43,922 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €242,858 | €286,780 | +€43,922 | +18.1% |
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 4 October 2026 via checked.be.