ERICAN: 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.
ERICAN
Largest movements
- Receivables within one year +€18,588
up €18,588 (+15.6%), from €119,148 to €137,736
of which Other amounts receivable: +€15,171
- Cash -€5,510
down €5,510 (-66.4%), from €8,292 to €2,783
mainly Receivables within one year (-€18,588) and Other debts (-€3,910)
- Profit (loss) carried forward +€11,501
up €11,501 (+96.1%), from -€11,963 to -€462
- Trade debts +€7,151
up €7,151 (+114.5%), from €6,247 to €13,397
- Gross operating margin +€4,528
up €4,528 (+30.9%), from €14,654 to €19,181
- Taxes +€1,382
up €1,382 (+43.2%), from €3,203 to €4,585
- Other operating charges +€918
up €918 (+55.0%), from €1,669 to €2,587
- Depreciation -€824
down €824 (-100.0%), from €824 to €0
- Financial charges +€756
up €756 (+472.9%), from €160 to €916
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 | €468,786 | €481,865 | +€13,078 | +2.8% |
| Fixed assets | 21/28 | €341,346 | €341,346 | = | 0.0% |
| Tangible fixed assets | 22/27 | €341,346 | €341,346 | = | 0.0% |
| Land and buildings | 22 | €341,346 | €341,346 | = | 0.0% |
| Current assets | 29/58 | €127,440 | €140,519 | +€13,078 | +10.3% |
| Amounts receivable within one year | 40/41 | €119,148 | €137,736 | +€18,588 | +15.6% |
| Trade receivables | 40 | - | €3,418 | +€3,418 | |
| Other amounts receivable | 41 | €119,148 | €134,319 | +€15,171 | +12.7% |
| Cash at bank and in hand | 54/58 | €8,292 | €2,783 | -€5,510 | -66.4% |
| Total equity and liabilities | 10/49 | €468,786 | €481,865 | +€13,078 | +2.8% |
| Equity | 10/15 | €439,888 | €451,389 | +€11,501 | +2.6% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Revaluation surpluses | 12 | €327,012 | €327,012 | = | 0.0% |
| Reserves | 13 | €892 | €892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €892 | €892 | = | 0.0% |
| Reserves not available under the articles | 1311 | €892 | €892 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,963 | -€462 | +€11,501 | +96.1% |
| Amounts payable | 17/49 | €28,898 | €30,475 | +€1,577 | +5.5% |
| Amounts payable after more than one year | 17 | €3,750 | €3,750 | = | 0.0% |
| Other amounts payable | 178/9 | €3,750 | €3,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,079 | €26,725 | +€3,646 | +15.8% |
| Trade debts | 44 | €6,247 | €13,397 | +€7,151 | +114.5% |
| Suppliers | 440/4 | €6,247 | €13,397 | +€7,151 | +114.5% |
| Taxes, remuneration and social security | 45 | €12,923 | €13,328 | +€405 | +3.1% |
| Taxes | 450/3 | €10,923 | €11,328 | +€405 | +3.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,910 | €0 | -€3,910 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,069 | - | -€2,069 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €824 | €0 | -€824 | -100.0% |
| Other operating charges | 640/8 | €1,669 | €2,587 | +€918 | +55.0% |
| Gross operating margin | 9900 | €14,654 | €19,181 | +€4,528 | +30.9% |
| Operating profit (loss) | 9901 | €12,161 | €16,594 | +€4,433 | +36.4% |
| Financial income | 75/76B | - | €409 | +€409 | |
| Recurring financial income | 75 | - | €409 | +€409 | |
| Financial charges | 65/66B | €160 | €916 | +€756 | +472.9% |
| Recurring financial charges | 65 | €160 | €916 | +€756 | +472.9% |
| Profit (loss) for the period before taxes | 9903 | €12,001 | €16,087 | +€4,085 | +34.0% |
| Income taxes | 67/77 | €3,203 | €4,585 | +€1,382 | +43.2% |
| Profit (loss) for the period | 9904 | €8,799 | €11,501 | +€2,703 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,799 | €11,501 | +€2,703 | +30.7% |
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 1 October 2026 via checked.be.