ERIADOR: 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.
ERIADOR
Largest movements
- Receivables within one year +€42,184
up €42,184 (+95.4%), from €44,219 to €86,403
of which Trade receivables: +€41,385
- Deferred charges and accrued income -€3,881
down €3,881 (-41.4%), from €9,381 to €5,500
- Cash -€3,216
down €3,216 (-10.3%), from €31,194 to €27,978
mainly Contributions, distributions and other (-€145,000) and Receivables within one year (-€42,184)
- Tangible fixed assets -€1,458
down €1,458 (-49.8%), from €2,927 to €1,470
of which Furniture and vehicles: -€1,116
- Other debts +€85,000
new in 2025: €85,000
- Reserves -€59,387
down €59,387 (-80.8%), from €73,484 to €14,097
- Tax, wage and social debts +€7,885
up €7,885 (+49.7%), from €15,871 to €23,756
- Gross operating margin +€53,873
up €53,873 (+94.8%), from €56,848 to €110,721
- Taxes +€11,820
up €11,820 (+104%), from €11,416 to €23,237
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 | €92,720 | €126,350 | +€33,630 | +36.3% |
| Fixed assets | 21/28 | €7,927 | €6,470 | -€1,458 | -18.4% |
| Tangible fixed assets | 22/27 | €2,927 | €1,470 | -€1,458 | -49.8% |
| Plant, machinery and equipment | 23 | €512 | €171 | -€341 | -66.7% |
| Furniture and vehicles | 24 | €2,415 | €1,299 | -€1,116 | -46.2% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €84,793 | €119,881 | +€35,088 | +41.4% |
| Amounts receivable within one year | 40/41 | €44,219 | €86,403 | +€42,184 | +95.4% |
| Trade receivables | 40 | €26,219 | €67,604 | +€41,385 | +158% |
| Other amounts receivable | 41 | €18,000 | €18,799 | +€799 | +4.4% |
| Cash at bank and in hand | 54/58 | €31,194 | €27,978 | -€3,216 | -10.3% |
| Deferred charges and accrued income | 490/1 | €9,381 | €5,500 | -€3,881 | -41.4% |
| Total equity and liabilities | 10/49 | €92,720 | €126,350 | +€33,630 | +36.3% |
| Equity | 10/15 | €74,984 | €15,597 | -€59,387 | -79.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €73,484 | €14,097 | -€59,387 | -80.8% |
| Distributable reserves | 133 | €73,484 | €14,097 | -€59,387 | -80.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,736 | €110,754 | +€93,018 | +524% |
| Amounts payable within one year | 42/48 | €17,736 | €110,754 | +€93,018 | +524% |
| Trade debts | 44 | €1,865 | €1,998 | +€132 | +7.1% |
| Suppliers | 440/4 | €1,865 | €1,998 | +€132 | +7.1% |
| Taxes, remuneration and social security | 45 | €15,871 | €23,756 | +€7,885 | +49.7% |
| Taxes | 450/3 | €15,871 | €23,756 | +€7,885 | +49.7% |
| Other amounts payable | 47/48 | - | €85,000 | +€85,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,644 | €1,458 | -€186 | -11.3% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €56,848 | €110,721 | +€53,873 | +94.8% |
| Operating profit (loss) | 9901 | €54,818 | €108,864 | +€54,046 | +98.6% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €75 | €56 | -€19 | -25.4% |
| Recurring financial charges | 65 | €75 | €56 | -€19 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €54,743 | €108,849 | +€54,106 | +98.8% |
| Income taxes | 67/77 | €11,416 | €23,237 | +€11,820 | +104% |
| Profit (loss) for the period | 9904 | €43,327 | €85,613 | +€42,285 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,327 | €85,613 | +€42,285 | +97.6% |
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 20 October 2026 via checked.be.