ERICA: 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.
ERICA
Largest movements
- Tangible fixed assets -€21,269
down €21,269 (-5.0%), from €424,359 to €403,089
of which Land and buildings: -€20,970
- Profit (loss) carried forward -€18,473
down €18,473 (-2.5%), from -€734,022 to -€752,495
- Gross operating margin +€2,557
up €2,557 (+62.2%), from €4,112 to €6,669
- Depreciation +€900
up €900 (+4.4%), from €20,369 to €21,269
- Other operating charges +€96
up €96 (+2.6%), from €3,731 to €3,827
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 | €427,129 | €408,462 | -€18,667 | -4.4% |
| Fixed assets | 21/28 | €424,359 | €403,089 | -€21,269 | -5.0% |
| Tangible fixed assets | 22/27 | €424,359 | €403,089 | -€21,269 | -5.0% |
| Land and buildings | 22 | €423,459 | €402,490 | -€20,970 | -5.0% |
| Plant, machinery and equipment | 23 | €899 | €600 | -€300 | -33.3% |
| Current assets | 29/58 | €2,770 | €5,373 | +€2,603 | +94.0% |
| Cash at bank and in hand | 54/58 | €2,770 | €5,373 | +€2,603 | +94.0% |
| Total equity and liabilities | 10/49 | €427,129 | €408,462 | -€18,667 | -4.4% |
| Equity | 10/15 | €305,446 | €286,973 | -€18,473 | -6.0% |
| Contributions | 10/11 | €1,039,468 | €1,039,468 | = | 0.0% |
| Capital | 10 | €1,039,468 | €1,039,468 | = | 0.0% |
| Issued capital | 100 | €1,039,468 | €1,039,468 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€734,022 | -€752,495 | -€18,473 | -2.5% |
| Amounts payable | 17/49 | €121,683 | €121,489 | -€193 | -0.2% |
| Amounts payable within one year | 42/48 | €121,683 | €120,489 | -€1,193 | -1.0% |
| Trade debts | 44 | €1,791 | €787 | -€1,004 | -56.0% |
| Suppliers | 440/4 | €1,791 | €787 | -€1,004 | -56.0% |
| Other amounts payable | 47/48 | €119,892 | €119,702 | -€190 | -0.2% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,369 | €21,269 | +€900 | +4.4% |
| Other operating charges | 640/8 | €3,731 | €3,827 | +€96 | +2.6% |
| Gross operating margin | 9900 | €4,112 | €6,669 | +€2,557 | +62.2% |
| Operating profit (loss) | 9901 | -€19,989 | -€18,428 | +€1,561 | +7.8% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.8% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,003 | -€18,473 | +€1,530 | +7.6% |
| Profit (loss) for the period | 9904 | -€20,003 | -€18,473 | +€1,530 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,003 | -€18,473 | +€1,530 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.