ERIGO: 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.
ERIGO
Largest movements
- Stocks and contracts -€18,630
no longer reported in 2025 (was €18,630)
- Deferred charges and accrued income +€10,479
up €10,479 (+389%), from €2,697 to €13,176
- Tangible fixed assets -€5,964
down €5,964 (-37.2%), from €16,034 to €10,070
of which Furniture and vehicles: -€5,536
- Profit (loss) carried forward -€47,276
down €47,276 (-19.4%), from -€244,121 to -€291,397
- Trade debts +€33,152
up €33,152 (+1,324%), from €2,505 to €35,656
- Staff costs -€107,181
no longer reported in 2025 (was €107,181)
- Gross operating margin -€26,652
down €26,652 (-4,674%), from -€570 to -€27,222
- Taxes +€15,836
up €15,836 (+177,142%), from €9 to €15,845
- Other operating charges +€3,137
up €3,137 (+496%), from €632 to €3,769
- Financial charges +€2,492
up €2,492 (+400%), from €623 to €3,114
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 | €513,779 | €497,568 | -€16,211 | -3.2% |
| Fixed assets | 21/28 | €16,034 | €10,070 | -€5,964 | -37.2% |
| Tangible fixed assets | 22/27 | €16,034 | €10,070 | -€5,964 | -37.2% |
| Plant, machinery and equipment | 23 | €428 | - | -€428 | |
| Furniture and vehicles | 24 | €15,606 | €10,070 | -€5,536 | -35.5% |
| Current assets | 29/58 | €497,746 | €487,498 | -€10,247 | -2.1% |
| Stocks and contracts in progress | 3 | €18,630 | - | -€18,630 | |
| Stocks | 30/36 | €18,630 | - | -€18,630 | |
| Amounts receivable within one year | 40/41 | €475,289 | €474,282 | -€1,007 | -0.2% |
| Trade receivables | 40 | €203,033 | €195,548 | -€7,485 | -3.7% |
| Other amounts receivable | 41 | €272,256 | €278,733 | +€6,477 | +2.4% |
| Cash at bank and in hand | 54/58 | €1,129 | €40 | -€1,089 | -96.4% |
| Deferred charges and accrued income | 490/1 | €2,697 | €13,176 | +€10,479 | +389% |
| Total equity and liabilities | 10/49 | €513,779 | €497,568 | -€16,211 | -3.2% |
| Equity | 10/15 | €254,041 | €206,765 | -€47,276 | -18.6% |
| Contributions | 10/11 | €487,605 | €490,105 | +€2,500 | +0.5% |
| Reserves | 13 | €10,557 | €8,057 | -€2,500 | -23.7% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | €2,500 | - | -€2,500 | |
| Distributable reserves | 133 | €8,057 | €8,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€244,121 | -€291,397 | -€47,276 | -19.4% |
| Amounts payable | 17/49 | €259,738 | €290,803 | +€31,065 | +12.0% |
| Amounts payable within one year | 42/48 | €259,738 | €288,376 | +€28,638 | +11.0% |
| Trade debts | 44 | €2,505 | €35,656 | +€33,152 | +1,324% |
| Suppliers | 440/4 | €2,505 | €35,656 | +€33,152 | +1,324% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Other amounts payable | 47/48 | €257,234 | €252,720 | -€4,514 | -1.8% |
| Accrued charges and deferred income | 492/3 | - | €2,427 | +€2,427 | |
| Remuneration, social security and pensions | 62 | €107,181 | - | -€107,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,090 | €5,964 | -€126 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,238 | €2,940 | -€298 | -9.2% |
| Other operating charges | 640/8 | €632 | €3,769 | +€3,137 | +496% |
| Gross operating margin | 9900 | -€570 | -€27,222 | -€26,652 | -4,674% |
| Operating profit (loss) | 9901 | -€117,711 | -€39,895 | +€77,817 | +66.1% |
| Financial income | 75/76B | €13,444 | €11,579 | -€1,866 | -13.9% |
| Recurring financial income | 75 | €13,444 | €11,579 | -€1,866 | -13.9% |
| Financial charges | 65/66B | €623 | €3,114 | +€2,492 | +400% |
| Recurring financial charges | 65 | €623 | €3,114 | +€2,492 | +400% |
| Profit (loss) for the period before taxes | 9903 | -€104,890 | -€31,431 | +€73,459 | +70.0% |
| Income taxes | 67/77 | €9 | €15,845 | +€15,836 | +177,142% |
| Profit (loss) for the period | 9904 | -€104,899 | -€47,276 | +€57,623 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,899 | -€47,276 | +€57,623 | +54.9% |
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 13 October 2026 via checked.be.