ERIGET: 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.
ERIGET
Largest movements
- Intangible fixed assets +€35,531
up €35,531 (+157%), from €22,604 to €58,136
- Receivables within one year +€8,326
up €8,326 (+105%), from €7,929 to €16,255
of which Trade receivables: +€9,081
- Cash +€2,419
up €2,419 (+630%), from €384 to €2,802
mainly Other debts (+€39,194) and Net result for the year (+€5,337)
- Other debts +€39,194
up €39,194 (+28.0%), from €140,149 to €179,343
- Profit (loss) carried forward +€5,337
up €5,337 (+1.8%), from -€299,931 to -€294,595
- Tax, wage and social debts +€2,019
up €2,019 (+5,150%), from €39 to €2,059
- Financial charges -€122,328
down €122,328 (-100.0%), from €122,338 to €9
of which Financial charges: -€111,828
- Gross operating margin +€54,533
up €54,533, from -€42,979 to €11,554
- Write-downs -€8,794
down €8,794 (-100%), from €8,794 to €0
- Other operating charges +€628
up €628 (+112%), from €563 to €1,192
- Depreciation -€592
down €592 (-10.9%), from €5,445 to €4,853
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 | €101,626 | €147,205 | +€45,579 | +44.8% |
| Fixed assets | 21/28 | €93,074 | €127,897 | +€34,822 | +37.4% |
| Intangible fixed assets | 21 | €22,604 | €58,136 | +€35,531 | +157% |
| Tangible fixed assets | 22/27 | €4,077 | €3,367 | -€709 | -17.4% |
| Furniture and vehicles | 24 | €72 | €0 | -€72 | -100% |
| Other tangible fixed assets | 26 | €4,005 | €3,367 | -€638 | -15.9% |
| Financial fixed assets | 28 | €66,393 | €66,393 | = | 0.0% |
| Current assets | 29/58 | €8,552 | €19,308 | +€10,756 | +126% |
| Amounts receivable within one year | 40/41 | €7,929 | €16,255 | +€8,326 | +105% |
| Trade receivables | 40 | €7,173 | €16,255 | +€9,081 | +127% |
| Other amounts receivable | 41 | €756 | €0 | -€756 | -100% |
| Cash at bank and in hand | 54/58 | €384 | €2,802 | +€2,419 | +630% |
| Deferred charges and accrued income | 490/1 | €239 | €251 | +€12 | +5.0% |
| Total equity and liabilities | 10/49 | €101,626 | €147,205 | +€45,579 | +44.8% |
| Equity | 10/15 | -€227,001 | -€221,665 | +€5,337 | +2.4% |
| Contributions | 10/11 | €66,300 | €66,300 | = | 0.0% |
| Reserves | 13 | €6,630 | €6,630 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,630 | €6,630 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,630 | €6,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€299,931 | -€294,595 | +€5,337 | +1.8% |
| Amounts payable | 17/49 | €328,627 | €368,869 | +€40,242 | +12.2% |
| Amounts payable after more than one year | 17 | €185,000 | €185,000 | = | 0.0% |
| Financial debts | 170/4 | €185,000 | €185,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €143,627 | €183,869 | +€40,242 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €916 | €0 | -€916 | -100% |
| Trade debts | 44 | €2,523 | €2,467 | -€55 | -2.2% |
| Suppliers | 440/4 | €2,523 | €2,467 | -€55 | -2.2% |
| Taxes, remuneration and social security | 45 | €39 | €2,059 | +€2,019 | +5,150% |
| Taxes | 450/3 | €39 | €2,059 | +€2,019 | +5,150% |
| Other amounts payable | 47/48 | €140,149 | €179,343 | +€39,194 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,445 | €4,853 | -€592 | -10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,794 | €0 | -€8,794 | -100% |
| Other operating charges | 640/8 | €563 | €1,192 | +€628 | +112% |
| Gross operating margin | 9900 | -€42,979 | €11,554 | +€54,533 | |
| Operating profit (loss) | 9901 | -€57,782 | €5,510 | +€63,291 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €122,338 | €9 | -€122,328 | -100.0% |
| Recurring financial charges | 65 | €111,838 | €9 | -€111,828 | -100.0% |
| Non-recurring financial charges | 66B | €10,500 | - | -€10,500 | |
| Profit (loss) for the period before taxes | 9903 | -€180,119 | €5,502 | +€185,621 | |
| Income taxes | 67/77 | €164 | €165 | +€1 | +0.5% |
| Profit (loss) for the period | 9904 | -€180,283 | €5,337 | +€185,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€180,283 | €5,337 | +€185,620 |
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 17 October 2026 via checked.be.