ERIGIS: what changed
ERIGIS
Largest movements
- Tangible fixed assets -€491,883
down €491,883 (-13.1%), from €3.8m to €3.3m
of which Leasing and similar rights: -€490,413
- Cash -€118,400
down €118,400 (-18.9%), from €625,188 to €506,788
mainly Debts after one year (-€366,191) and Other debts (-€187,064)
- Receivables within one year -€48,971
down €48,971 (-31.6%), from €155,191 to €106,220
of which Trade receivables: -€49,139
- Debts after one year -€366,191
down €366,191 (-28.2%), from €1.3m to €932,774
- Revaluation surpluses -€227,376
down €227,376 (-15.2%), from €1.5m to €1.3m
- Reserves +€227,376
up €227,376 (+26.3%), from €864,029 to €1.1m
- Other debts -€187,064
down €187,064 (-69.2%), from €270,427 to €83,363
- Profit (loss) carried forward -€104,426
down €104,426 (-15.8%), from -€662,563 to -€766,989
- Turnover +€83,028
up €83,028 (+13.2%), from €629,651 to €712,679
- Gross operating margin +€82,895
up €82,895 (+20.6%), from €403,249 to €486,144
- Financial charges -€71,293
down €71,293 (-45.8%), from €155,565 to €84,272
- Write-downs +€16,757
new in 2025: €16,757
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,546,613 | €3,890,620 | -€655,993 | -14.4% |
| Fixed assets | 21/28 | €3,766,234 | €3,274,351 | -€491,883 | -13.1% |
| Tangible fixed assets | 22/27 | €3,766,234 | €3,274,351 | -€491,883 | -13.1% |
| Plant, machinery and equipment | 23 | €7,580 | €6,110 | -€1,470 | -19.4% |
| Leasing and similar rights | 25 | €3,758,654 | €3,268,241 | -€490,413 | -13.0% |
| Current assets | 29/58 | €780,379 | €616,269 | -€164,110 | -21.0% |
| Amounts receivable within one year | 40/41 | €155,191 | €106,220 | -€48,971 | -31.6% |
| Trade receivables | 40 | €81,112 | €31,973 | -€49,139 | -60.6% |
| Other amounts receivable | 41 | €74,079 | €74,247 | +€168 | +0.2% |
| Cash at bank and in hand | 54/58 | €625,188 | €506,788 | -€118,400 | -18.9% |
| Deferred charges and accrued income | 490/1 | - | €3,262 | +€3,262 | |
| Total equity and liabilities | 10/49 | €4,546,613 | €3,890,620 | -€655,993 | -14.4% |
| Equity | 10/15 | €2,432,644 | €2,328,218 | -€104,426 | -4.3% |
| Contributions | 10/11 | €730,497 | €730,497 | = | 0.0% |
| Capital | 10 | €730,497 | €730,497 | = | 0.0% |
| Issued capital | 100 | €730,497 | €730,497 | = | 0.0% |
| Revaluation surpluses | 12 | €1,500,681 | €1,273,305 | -€227,376 | -15.2% |
| Reserves | 13 | €864,029 | €1,091,405 | +€227,376 | +26.3% |
| Distributable reserves | 133 | €864,029 | €1,091,405 | +€227,376 | +26.3% |
| Profit (loss) carried forward | 14 | -€662,563 | -€766,989 | -€104,426 | -15.8% |
| Amounts payable | 17/49 | €2,113,969 | €1,562,402 | -€551,567 | -26.1% |
| Amounts payable after more than one year | 17 | €1,298,965 | €932,774 | -€366,191 | -28.2% |
| Financial debts | 170/4 | €1,298,965 | €932,774 | -€366,191 | -28.2% |
| Amounts payable within one year | 42/48 | €815,004 | €629,628 | -€185,376 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €349,755 | €366,191 | +€16,436 | +4.7% |
| Trade debts | 44 | €194,822 | €180,073 | -€14,749 | -7.6% |
| Suppliers | 440/4 | €194,822 | €180,073 | -€14,749 | -7.6% |
| Other amounts payable | 47/48 | €270,427 | €83,363 | -€187,064 | -69.2% |
| Turnover | 70 | €629,651 | €712,679 | +€83,028 | +13.2% |
| Non-recurring operating income | 76A | - | €197 | +€197 | |
| Goods, raw materials, services and sundry goods | 60/61 | €226,402 | €226,731 | +€329 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €491,883 | €491,883 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,757 | +€16,757 | |
| Other operating charges | 640/8 | €2,460 | €1,060 | -€1,400 | -56.9% |
| Gross operating margin | 9900 | €403,249 | €486,144 | +€82,895 | +20.6% |
| Operating profit (loss) | 9901 | -€91,094 | -€23,557 | +€67,537 | +74.1% |
| Financial income | 75/76B | €8,967 | €2,493 | -€6,474 | -72.2% |
| Recurring financial income | 75 | €8,967 | €2,493 | -€6,474 | -72.2% |
| Financial charges | 65/66B | €155,565 | €84,272 | -€71,293 | -45.8% |
| Recurring financial charges | 65 | €155,565 | €84,272 | -€71,293 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | -€237,692 | -€105,337 | +€132,355 | +55.7% |
| Income taxes | 67/77 | - | -€911 | -€911 | |
| Profit (loss) for the period | 9904 | -€237,692 | -€104,426 | +€133,266 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€237,692 | -€104,426 | +€133,266 | +56.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.