ERIHA: 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.
ERIHA
Largest movements
- Receivables within one year -€46,800
down €46,800 (-29.4%), from €159,308 to €112,508
of which Other amounts receivable: -€46,800
- Cash -€9,269
down €9,269 (-53.6%), from €17,308 to €8,039
mainly Contributions, distributions and other (-€112,847) and Other debts (-€39,725)
- Tangible fixed assets +€2,348
up €2,348 (+272.2%), from €863 to €3,211
of which Land and buildings: +€1,547
- Other debts -€39,725
down €39,725 (-29.3%), from €135,645 to €95,920
- Tax, wage and social debts -€6,690
down €6,690 (-23.1%), from €29,006 to €22,316
- Short-term financial debts -€5,818
down €5,818 (-34.7%), from €16,769 to €10,951
- Gross operating margin -€48,536
down €48,536 (-27.3%), from €177,755 to €129,219
- Taxes -€11,270
down €11,270 (-26.2%), from €43,069 to €31,799
- Financial income -€7,952
down €7,952 (-29.5%), from €26,964 to €19,013
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 | €204,057 | €150,340 | -€53,717 | -26.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,563 | €9,911 | +€2,348 | +31.0% |
| Tangible fixed assets | 22/27 | €863 | €3,211 | +€2,348 | +272.2% |
| Land and buildings | 22 | - | €1,547 | +€1,547 | |
| Plant, machinery and equipment | 23 | - | €599 | +€599 | |
| Furniture and vehicles | 24 | €863 | €1,064 | +€202 | +23.4% |
| Financial fixed assets | 28 | €6,700 | €6,700 | = | 0.0% |
| Current assets | 29/58 | €196,494 | €140,429 | -€56,065 | -28.5% |
| Amounts receivable within one year | 40/41 | €159,308 | €112,508 | -€46,800 | -29.4% |
| Trade receivables | 40 | €51,943 | €51,943 | = | 0.0% |
| Other amounts receivable | 41 | €107,365 | €60,565 | -€46,800 | -43.6% |
| Current investments | 50/53 | €19,144 | €19,144 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €17,308 | €8,039 | -€9,269 | -53.6% |
| Deferred charges and accrued income | 490/1 | €734 | €739 | +€4 | +0.6% |
| Total equity and liabilities | 10/49 | €204,057 | €150,340 | -€53,717 | -26.3% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €183,597 | €129,880 | -€53,717 | -29.3% |
| Amounts payable within one year | 42/48 | €182,897 | €129,880 | -€53,017 | -29.0% |
| Financial debts | 43 | €16,769 | €10,951 | -€5,818 | -34.7% |
| Credit institutions | 430/8 | €16,769 | €10,951 | -€5,818 | -34.7% |
| Trade debts | 44 | €1,476 | €693 | -€783 | -53.1% |
| Suppliers | 440/4 | €1,476 | €693 | -€783 | -53.1% |
| Taxes, remuneration and social security | 45 | €29,006 | €22,316 | -€6,690 | -23.1% |
| Taxes | 450/3 | €29,006 | €22,316 | -€6,690 | -23.1% |
| Other amounts payable | 47/48 | €135,645 | €95,920 | -€39,725 | -29.3% |
| Accrued charges and deferred income | 492/3 | €699 | €0 | -€699 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €577 | +€268 | +86.8% |
| Other operating charges | 640/8 | €26 | €30 | +€4 | +14.9% |
| Non-recurring operating charges | 66A | - | €168 | +€168 | |
| Gross operating margin | 9900 | €177,755 | €129,219 | -€48,536 | -27.3% |
| Operating profit (loss) | 9901 | €177,420 | €128,445 | -€48,976 | -27.6% |
| Financial income | 75/76B | €26,964 | €19,013 | -€7,952 | -29.5% |
| Recurring financial income | 75 | €26,964 | €19,013 | -€7,952 | -29.5% |
| Financial charges | 65/66B | €1,733 | €2,811 | +€1,078 | +62.2% |
| Recurring financial charges | 65 | €1,733 | €2,811 | +€1,078 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | €202,652 | €144,647 | -€58,005 | -28.6% |
| Income taxes | 67/77 | €43,069 | €31,799 | -€11,270 | -26.2% |
| Profit (loss) for the period | 9904 | €159,583 | €112,847 | -€46,736 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €159,583 | €112,847 | -€46,736 | -29.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.