Eric 24: 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.
Eric 24
Largest movements
- Receivables within one year -€58,777
down €58,777 (-69.6%), from €84,501 to €25,724
of which Other amounts receivable: -€30,077
- Cash +€50,131
up €50,131 (+3.4%), from €1.5m to €1.5m
mainly Receivables within one year (+€58,777) and Stocks and contracts (+€39,106)
- Stocks and contracts -€39,106
down €39,106 (-44.1%), from €88,712 to €49,606
- Tangible fixed assets -€20,114
down €20,114 (-7.7%), from €262,256 to €242,142
of which Land and buildings: -€14,689
- Profit (loss) carried forward -€54,540
down €54,540 (-4.3%), from €1.3m to €1.2m
- Gross operating margin -€16,202
down €16,202 (-76.3%), from €21,225 to €5,023
- Write-downs +€7,070
up €7,070 (+54.4%), from €13,000 to €20,070
- Depreciation +€2,868
up €2,868 (+8.9%), from €32,176 to €35,044
- Other operating charges +€786
up €786 (+12.7%), from €6,187 to €6,973
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 | €1,912,674 | €1,843,379 | -€69,296 | -3.6% |
| Fixed assets | 21/28 | €262,256 | €242,142 | -€20,114 | -7.7% |
| Tangible fixed assets | 22/27 | €262,256 | €242,142 | -€20,114 | -7.7% |
| Land and buildings | 22 | €232,203 | €217,514 | -€14,689 | -6.3% |
| Plant, machinery and equipment | 23 | €22,550 | €19,870 | -€2,680 | -11.9% |
| Furniture and vehicles | 24 | €7,503 | €4,758 | -€2,745 | -36.6% |
| Current assets | 29/58 | €1,650,418 | €1,601,236 | -€49,182 | -3.0% |
| Stocks and contracts in progress | 3 | €88,712 | €49,606 | -€39,106 | -44.1% |
| Stocks | 30/36 | €88,712 | €49,606 | -€39,106 | -44.1% |
| Amounts receivable within one year | 40/41 | €84,501 | €25,724 | -€58,777 | -69.6% |
| Trade receivables | 40 | €54,385 | €25,686 | -€28,699 | -52.8% |
| Other amounts receivable | 41 | €30,116 | €38 | -€30,077 | -99.9% |
| Cash at bank and in hand | 54/58 | €1,475,776 | €1,525,906 | +€50,131 | +3.4% |
| Deferred charges and accrued income | 490/1 | €1,429 | €0 | -€1,429 | -100.0% |
| Total equity and liabilities | 10/49 | €1,912,674 | €1,843,379 | -€69,296 | -3.6% |
| Equity | 10/15 | €1,891,980 | €1,834,638 | -€57,342 | -3.0% |
| Contributions | 10/11 | €9,522 | €9,522 | = | 0.0% |
| Reserves | 13 | €593,497 | €593,497 | = | 0.0% |
| Distributable reserves | 133 | €593,497 | €593,497 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,264,823 | €1,210,283 | -€54,540 | -4.3% |
| Investment grants | 15 | €24,139 | €21,336 | -€2,803 | -11.6% |
| Amounts payable | 17/49 | €20,694 | €8,740 | -€11,953 | -57.8% |
| Amounts payable within one year | 42/48 | €20,694 | €8,740 | -€11,953 | -57.8% |
| Trade debts | 44 | €693 | €2,545 | +€1,852 | +267.1% |
| Suppliers | 440/4 | €693 | €2,545 | +€1,852 | +267.1% |
| Taxes, remuneration and social security | 45 | €9,383 | €6,170 | -€3,214 | -34.2% |
| Taxes | 450/3 | €9,383 | €6,170 | -€3,214 | -34.2% |
| Other amounts payable | 47/48 | €10,617 | €26 | -€10,592 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,176 | €35,044 | +€2,868 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,000 | €20,070 | +€7,070 | +54.4% |
| Other operating charges | 640/8 | €6,187 | €6,973 | +€786 | +12.7% |
| Gross operating margin | 9900 | €21,225 | €5,023 | -€16,202 | -76.3% |
| Operating profit (loss) | 9901 | -€30,138 | -€57,065 | -€26,927 | -89.3% |
| Financial income | 75/76B | €2,803 | €2,803 | = | 0.0% |
| Recurring financial income | 75 | €2,803 | €2,803 | = | 0.0% |
| Financial charges | 65/66B | €185 | €206 | +€21 | +11.5% |
| Recurring financial charges | 65 | €185 | €206 | +€21 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,520 | -€54,468 | -€26,948 | -97.9% |
| Income taxes | 67/77 | €67 | €71 | +€5 | +6.7% |
| Profit (loss) for the period | 9904 | -€27,587 | -€54,540 | -€26,952 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,587 | -€54,540 | -€26,952 | -97.7% |
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 28 September 2026 via checked.be.