ErGoris: 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.
ErGoris
Largest movements
- Tangible fixed assets +€405,012
up €405,012 (+734.7%), from €55,124 to €460,137
of which Land and buildings: +€419,759
- Cash -€51,576
down €51,576 (-40.7%), from €126,865 to €75,289
mainly Investment in fixed assets (net) (-€447,277) and Contributions, distributions and other (-€140,411)
- Receivables within one year -€41,982
down €41,982 (-55.8%), from €75,213 to €33,231
of which Trade receivables: -€42,046
- Debts after one year +€119,620
new in 2025: €119,620
- Other debts +€118,959
up €118,959 (+5022.8%), from €2,368 to €121,327
- Current portion of long-term debt +€99,506
new in 2025: €99,506
- Reserves -€36,360
down €36,360 (-14.3%), from €253,653 to €217,293
- Tax, wage and social debts +€8,316
up €8,316 (+24.6%), from €33,845 to €42,161
of which Taxes: +€7,746
- Depreciation +€25,896
up €25,896 (+158.2%), from €16,368 to €42,264
- Gross operating margin +€22,153
up €22,153 (+12.6%), from €175,536 to €197,689
- Financial charges +€5,721
up €5,721 (+634.1%), from €902 to €6,623
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 | €308,977 | €620,535 | +€311,558 | +100.8% |
| Fixed assets | 21/28 | €55,124 | €460,137 | +€405,012 | +734.7% |
| Tangible fixed assets | 22/27 | €55,124 | €460,137 | +€405,012 | +734.7% |
| Land and buildings | 22 | - | €419,759 | +€419,759 | |
| Furniture and vehicles | 24 | €55,124 | €40,378 | -€14,746 | -26.8% |
| Current assets | 29/58 | €253,853 | €160,398 | -€93,455 | -36.8% |
| Amounts receivable within one year | 40/41 | €75,213 | €33,231 | -€41,982 | -55.8% |
| Trade receivables | 40 | €75,079 | €33,033 | -€42,046 | -56.0% |
| Other amounts receivable | 41 | €134 | €198 | +€64 | +47.8% |
| Current investments | 50/53 | €48,491 | €48,491 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €126,865 | €75,289 | -€51,576 | -40.7% |
| Deferred charges and accrued income | 490/1 | €3,283 | €3,387 | +€104 | +3.2% |
| Total equity and liabilities | 10/49 | €308,977 | €620,535 | +€311,558 | +100.8% |
| Equity | 10/15 | €272,253 | €235,893 | -€36,360 | -13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €253,653 | €217,293 | -€36,360 | -14.3% |
| Distributable reserves | 133 | €253,653 | €217,293 | -€36,360 | -14.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,724 | €384,641 | +€347,917 | +947.4% |
| Amounts payable after more than one year | 17 | - | €119,620 | +€119,620 | |
| Financial debts | 170/4 | - | €119,620 | +€119,620 | |
| Amounts payable within one year | 42/48 | €36,699 | €264,270 | +€227,570 | +620.1% |
| Current portion of amounts payable after more than one year | 42 | - | €99,506 | +€99,506 | |
| Trade debts | 44 | €486 | €1,275 | +€790 | +162.6% |
| Suppliers | 440/4 | €486 | €1,275 | +€790 | +162.6% |
| Taxes, remuneration and social security | 45 | €33,845 | €42,161 | +€8,316 | +24.6% |
| Taxes | 450/3 | €32,315 | €40,061 | +€7,746 | +24.0% |
| Remuneration and social security | 454/9 | €1,530 | €2,100 | +€570 | +37.3% |
| Other amounts payable | 47/48 | €2,368 | €121,327 | +€118,959 | +5022.8% |
| Accrued charges and deferred income | 492/3 | €25 | €752 | +€727 | +2880.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,368 | €42,264 | +€25,896 | +158.2% |
| Other operating charges | 640/8 | €637 | €649 | +€13 | +2.0% |
| Gross operating margin | 9900 | €175,536 | €197,689 | +€22,153 | +12.6% |
| Operating profit (loss) | 9901 | €158,531 | €154,775 | -€3,756 | -2.4% |
| Financial income | 75/76B | €249 | €843 | +€594 | +238.9% |
| Recurring financial income | 75 | €249 | €843 | +€594 | +238.9% |
| Financial charges | 65/66B | €902 | €6,623 | +€5,721 | +634.1% |
| Recurring financial charges | 65 | €902 | €6,623 | +€5,721 | +634.1% |
| Profit (loss) for the period before taxes | 9903 | €157,878 | €148,996 | -€8,882 | -5.6% |
| Income taxes | 67/77 | €46,496 | €44,944 | -€1,551 | -3.3% |
| Profit (loss) for the period | 9904 | €111,382 | €104,051 | -€7,331 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €111,382 | €104,051 | -€7,331 | -6.6% |
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 11 October 2026 via checked.be.