ERIBELLE: 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.
ERIBELLE
Largest movements
- Current investments +€300,000
up €300,000, from €0 to €300,000
- Cash -€279,517
down €279,517 (-86.4%), from €323,695 to €44,178
mainly Contributions, distributions and other (-€485,000) and Current investments (-€300,000)
- Tangible fixed assets -€55,071
down €55,071 (-5.9%), from €926,683 to €871,613
of which Land and buildings: -€35,432
- Other debts +€85,000
up €85,000 (+7.6%), from €1.1m to €1.2m
- Debts after one year -€51,958
down €51,958 (-7.9%), from €656,392 to €604,434
- Reserves -€39,716
down €39,716 (-5.2%), from €758,455 to €718,740
- Gross operating margin +€20,707
up €20,707 (+8.6%), from €241,779 to €262,486
- Financial income +€9,855
up €9,855 (+2.9%), from €341,161 to €351,016
- Financial charges -€4,795
down €4,795 (-6.4%), from €74,408 to €69,613
- Taxes +€4,546
up €4,546 (+21.7%), from €20,910 to €25,455
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 | €2,689,553 | €2,657,883 | -€31,670 | -1.2% |
| Fixed assets | 21/28 | €2,363,419 | €2,308,348 | -€55,071 | -2.3% |
| Tangible fixed assets | 22/27 | €926,683 | €871,613 | -€55,071 | -5.9% |
| Land and buildings | 22 | €777,620 | €742,188 | -€35,432 | -4.6% |
| Plant, machinery and equipment | 23 | - | €2,383 | +€2,383 | |
| Furniture and vehicles | 24 | €70,992 | €48,844 | -€22,148 | -31.2% |
| Other tangible fixed assets | 26 | €78,071 | €78,197 | +€126 | +0.2% |
| Financial fixed assets | 28 | €1,436,736 | €1,436,736 | = | 0.0% |
| Current assets | 29/58 | €326,134 | €349,534 | +€23,401 | +7.2% |
| Amounts receivable within one year | 40/41 | €2,439 | €5,079 | +€2,640 | +108% |
| Other amounts receivable | 41 | €2,439 | €5,079 | +€2,640 | +108% |
| Current investments | 50/53 | €0 | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €323,695 | €44,178 | -€279,517 | -86.4% |
| Deferred charges and accrued income | 490/1 | €0 | €277 | +€277 | |
| Total equity and liabilities | 10/49 | €2,689,553 | €2,657,883 | -€31,670 | -1.2% |
| Equity | 10/15 | €763,455 | €723,740 | -€39,716 | -5.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €758,455 | €718,740 | -€39,716 | -5.2% |
| Distributable reserves | 133 | €758,455 | €718,740 | -€39,716 | -5.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,926,098 | €1,934,143 | +€8,045 | +0.4% |
| Amounts payable after more than one year | 17 | €656,392 | €604,434 | -€51,958 | -7.9% |
| Financial debts | 170/4 | €656,392 | €604,434 | -€51,958 | -7.9% |
| Amounts payable within one year | 42/48 | €1,212,093 | €1,278,849 | +€66,756 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €53,492 | €51,958 | -€1,534 | -2.9% |
| Trade debts | 44 | €1,321 | €1,219 | -€102 | -7.7% |
| Suppliers | 440/4 | €1,321 | €1,219 | -€102 | -7.7% |
| Taxes, remuneration and social security | 45 | €38,912 | €22,304 | -€16,608 | -42.7% |
| Taxes | 450/3 | €38,912 | €22,304 | -€16,608 | -42.7% |
| Other amounts payable | 47/48 | €1,118,368 | €1,203,368 | +€85,000 | +7.6% |
| Accrued charges and deferred income | 492/3 | €57,613 | €50,860 | -€6,753 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,673 | €69,215 | +€542 | +0.8% |
| Other operating charges | 640/8 | €1,590 | €3,934 | +€2,344 | +147% |
| Gross operating margin | 9900 | €241,779 | €262,486 | +€20,707 | +8.6% |
| Operating profit (loss) | 9901 | €171,516 | €189,337 | +€17,821 | +10.4% |
| Financial income | 75/76B | €341,161 | €351,016 | +€9,855 | +2.9% |
| Recurring financial income | 75 | €341,161 | €351,016 | +€9,855 | +2.9% |
| Financial charges | 65/66B | €74,408 | €69,613 | -€4,795 | -6.4% |
| Recurring financial charges | 65 | €74,408 | €69,613 | -€4,795 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €438,269 | €470,740 | +€32,471 | +7.4% |
| Income taxes | 67/77 | €20,910 | €25,455 | +€4,546 | +21.7% |
| Profit (loss) for the period | 9904 | €417,360 | €445,284 | +€27,925 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €417,360 | €445,284 | +€27,925 | +6.7% |
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 30 October 2026 via checked.be.