ERHAN: 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.
ERHAN
Largest movements
- Tangible fixed assets -€26,445
down €26,445 (-53.6%), from €49,320 to €22,875
- Cash +€22,352
up €22,352 (+58.1%), from €38,457 to €60,809
mainly Net result for the year (+€17,982) and Depreciation (+€16,052)
- Receivables within one year +€5,576
up €5,576 (+18.6%), from €30,055 to €35,631
of which Trade receivables: +€5,345
- Tax, wage and social debts +€5,371
up €5,371 (+21.4%), from €25,046 to €30,417
of which Taxes: +€4,119
- Trade debts -€4,520
down €4,520 (-34.1%), from €13,276 to €8,755
- Reserves +€4,337
up €4,337 (+7.1%), from €61,079 to €65,416
of which Distributable reserves: +€4,337
- Profit (loss) carried forward -€3,297
no longer reported in 2024 (was €3,297)
- Gross operating margin +€57,858
up €57,858 (+63.1%), from €91,739 to €149,598
- Staff costs +€35,037
up €35,037 (+51.1%), from €68,599 to €103,636
- Taxes +€4,664
up €4,664 (+154.3%), from €3,022 to €7,686
- Depreciation +€4,165
up €4,165 (+35.0%), from €11,887 to €16,052
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,887 | €126,629 | +€2,742 | +2.2% |
| Fixed assets | 21/28 | €49,744 | €23,299 | -€26,445 | -53.2% |
| Tangible fixed assets | 22/27 | €49,320 | €22,875 | -€26,445 | -53.6% |
| Furniture and vehicles | 24 | €49,320 | €22,875 | -€26,445 | -53.6% |
| Financial fixed assets | 28 | €424 | €424 | = | 0.0% |
| Current assets | 29/58 | €74,143 | €103,330 | +€29,187 | +39.4% |
| Amounts receivable within one year | 40/41 | €30,055 | €35,631 | +€5,576 | +18.6% |
| Trade receivables | 40 | €27,713 | €33,057 | +€5,345 | +19.3% |
| Other amounts receivable | 41 | €2,343 | €2,574 | +€231 | +9.9% |
| Cash at bank and in hand | 54/58 | €38,457 | €60,809 | +€22,352 | +58.1% |
| Deferred charges and accrued income | 490/1 | €5,631 | €6,890 | +€1,259 | +22.4% |
| Total equity and liabilities | 10/49 | €123,887 | €126,629 | +€2,742 | +2.2% |
| Equity | 10/15 | €82,968 | €84,008 | +€1,040 | +1.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €61,079 | €65,416 | +€4,337 | +7.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,600 | €2,600 | = | 0.0% |
| Distributable reserves | 133 | €56,620 | €60,957 | +€4,337 | +7.7% |
| Profit (loss) carried forward | 14 | €3,297 | - | -€3,297 | |
| Amounts payable | 17/49 | €40,919 | €42,621 | +€1,702 | +4.2% |
| Amounts payable within one year | 42/48 | €40,919 | €42,621 | +€1,702 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €1,667 | €1,667 | = | 0.0% |
| Trade debts | 44 | €13,276 | €8,755 | -€4,520 | -34.1% |
| Suppliers | 440/4 | €13,276 | €8,755 | -€4,520 | -34.1% |
| Taxes, remuneration and social security | 45 | €25,046 | €30,417 | +€5,371 | +21.4% |
| Taxes | 450/3 | €12,279 | €16,398 | +€4,119 | +33.5% |
| Remuneration and social security | 454/9 | €12,767 | €14,020 | +€1,252 | +9.8% |
| Other amounts payable | 47/48 | €931 | €1,782 | +€851 | +91.4% |
| Remuneration, social security and pensions | 62 | €68,599 | €103,636 | +€35,037 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,887 | €16,052 | +€4,165 | +35.0% |
| Other operating charges | 640/8 | €2,726 | €3,564 | +€838 | +30.7% |
| Gross operating margin | 9900 | €91,739 | €149,598 | +€57,858 | +63.1% |
| Operating profit (loss) | 9901 | €8,527 | €26,345 | +€17,818 | +208.9% |
| Financial income | 75/76B | €0 | €1 | +€1 | +5100.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5100.0% |
| Financial charges | 65/66B | €828 | €678 | -€150 | -18.1% |
| Recurring financial charges | 65 | €828 | €678 | -€150 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €7,700 | €25,668 | +€17,969 | +233.4% |
| Income taxes | 67/77 | €3,022 | €7,686 | +€4,664 | +154.3% |
| Profit (loss) for the period | 9904 | €4,677 | €17,982 | +€13,305 | +284.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,677 | €17,982 | +€13,305 | +284.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.