ERICO: 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.
ERICO
Largest movements
- Current investments +€36,886
up €36,886 (+31.2%), from €118,277 to €155,163
- Receivables within one year -€14,213
down €14,213 (-61.4%), from €23,158 to €8,945
of which Trade receivables: -€12,510
- Tangible fixed assets -€10,556
down €10,556 (-33.0%), from €31,978 to €21,423
of which Leasing and similar rights: -€6,075
- Cash -€4,156
down €4,156 (-59.3%), from €7,008 to €2,852
mainly Current investments (-€36,886) and Debts after one year (-€6,242)
- Reserves +€17,000
up €17,000 (+23.1%), from €73,660 to €90,660
of which Distributable reserves: +€17,000
- Debts after one year -€6,242
down €6,242 (-59.6%), from €10,481 to €4,240
- Tax, wage and social debts -€3,988
down €3,988 (-37.4%), from €10,669 to €6,681
of which Taxes: -€4,213
- Gross operating margin +€68,489
up €68,489, from -€35,502 to €32,987
- Taxes +€1,642
up €1,642 (+647.0%), from €254 to €1,896
- Depreciation -€1,030
down €1,030 (-7.4%), from €13,830 to €12,801
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 | €181,891 | €188,382 | +€6,491 | +3.6% |
| Fixed assets | 21/28 | €33,448 | €21,423 | -€12,025 | -36.0% |
| Intangible fixed assets | 21 | €1,470 | - | -€1,470 | |
| Tangible fixed assets | 22/27 | €31,978 | €21,423 | -€10,556 | -33.0% |
| Land and buildings | 22 | €4,338 | €3,811 | -€527 | -12.2% |
| Plant, machinery and equipment | 23 | €10,328 | €6,546 | -€3,781 | -36.6% |
| Furniture and vehicles | 24 | €652 | €480 | -€172 | -26.4% |
| Leasing and similar rights | 25 | €16,661 | €10,586 | -€6,075 | -36.5% |
| Current assets | 29/58 | €148,443 | €166,960 | +€18,516 | +12.5% |
| Amounts receivable within one year | 40/41 | €23,158 | €8,945 | -€14,213 | -61.4% |
| Trade receivables | 40 | €21,454 | €8,945 | -€12,510 | -58.3% |
| Other amounts receivable | 41 | €1,704 | - | -€1,704 | |
| Current investments | 50/53 | €118,277 | €155,163 | +€36,886 | +31.2% |
| Cash at bank and in hand | 54/58 | €7,008 | €2,852 | -€4,156 | -59.3% |
| Total equity and liabilities | 10/49 | €181,891 | €188,382 | +€6,491 | +3.6% |
| Equity | 10/15 | €149,370 | €166,442 | +€17,072 | +11.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €73,660 | €90,660 | +€17,000 | +23.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,800 | €88,800 | +€17,000 | +23.7% |
| Profit (loss) carried forward | 14 | €63,310 | €63,382 | +€72 | +0.1% |
| Amounts payable | 17/49 | €32,521 | €21,940 | -€10,582 | -32.5% |
| Amounts payable after more than one year | 17 | €10,481 | €4,240 | -€6,242 | -59.6% |
| Financial debts | 170/4 | €10,481 | €4,240 | -€6,242 | -59.6% |
| Amounts payable within one year | 42/48 | €22,040 | €17,700 | -€4,340 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €6,103 | €6,242 | +€138 | +2.3% |
| Trade debts | 44 | €3,085 | €2,241 | -€844 | -27.4% |
| Suppliers | 440/4 | €3,085 | €2,241 | -€844 | -27.4% |
| Taxes, remuneration and social security | 45 | €10,669 | €6,681 | -€3,988 | -37.4% |
| Taxes | 450/3 | €9,070 | €4,858 | -€4,213 | -46.4% |
| Remuneration and social security | 454/9 | €1,599 | €1,823 | +€224 | +14.0% |
| Other amounts payable | 47/48 | €2,183 | €2,537 | +€355 | +16.3% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,830 | €12,801 | -€1,030 | -7.4% |
| Other operating charges | 640/8 | €1,283 | €1,312 | +€29 | +2.2% |
| Gross operating margin | 9900 | -€35,502 | €32,987 | +€68,489 | |
| Operating profit (loss) | 9901 | -€50,616 | €18,874 | +€69,490 | |
| Financial income | 75/76B | €949 | €785 | -€164 | -17.3% |
| Recurring financial income | 75 | €949 | €785 | -€164 | -17.3% |
| Financial charges | 65/66B | €976 | €691 | -€285 | -29.2% |
| Recurring financial charges | 65 | €976 | €691 | -€285 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€50,643 | €18,968 | +€69,611 | |
| Income taxes | 67/77 | €254 | €1,896 | +€1,642 | +647.0% |
| Profit (loss) for the period | 9904 | -€50,897 | €17,072 | +€67,969 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,897 | €17,072 | +€67,969 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.