ERIK CONSTRUCT: what changed
ERIK CONSTRUCT
Largest movements
- Receivables within one year -€16,378
down €16,378 (-62.1%), from €26,366 to €9,988
of which Trade receivables: -€20,455
- Cash +€12,523
up €12,523 (+630%), from €1,987 to €14,511
mainly Trade debts (+€37,744) and Receivables within one year (+€16,378)
- Other debts -€46,426
down €46,426 (-93.9%), from €49,467 to €3,041
- Trade debts +€37,744
up €37,744 (+500%), from €7,555 to €45,299
- Profit (loss) carried forward +€7,910
up €7,910 (+15.8%), from €50,111 to €58,021
- Tax, wage and social debts -€2,593
down €2,593 (-5.4%), from €48,133 to €45,541
of which Remuneration and social security: -€4,306
- Gross operating margin -€12,305
down €12,305 (-24.5%), from €50,171 to €37,866
- Staff costs -€10,494
down €10,494 (-27.7%), from €37,878 to €27,384
- Financial income +€9,019
new in 2024: €9,019
of which Financial income: +€9,019
- Taxes +€1,674
up €1,674 (+31.0%), from €5,406 to €7,080
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,823 | €156,460 | -€3,363 | -2.1% |
| Fixed assets | 21/28 | €1,970 | €2,461 | +€491 | +24.9% |
| Tangible fixed assets | 22/27 | €1,000 | €1,491 | +€491 | +49.1% |
| Plant, machinery and equipment | 23 | - | €991 | +€991 | |
| Furniture and vehicles | 24 | €1,000 | €500 | -€500 | -50.0% |
| Financial fixed assets | 28 | €970 | €970 | = | 0.0% |
| Current assets | 29/58 | €157,853 | €153,998 | -€3,855 | -2.4% |
| Stocks and contracts in progress | 3 | €129,500 | €129,500 | = | 0.0% |
| Stocks | 30/36 | €129,500 | €129,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,366 | €9,988 | -€16,378 | -62.1% |
| Trade receivables | 40 | €24,034 | €3,579 | -€20,455 | -85.1% |
| Other amounts receivable | 41 | €2,332 | €6,409 | +€4,077 | +175% |
| Cash at bank and in hand | 54/58 | €1,987 | €14,511 | +€12,523 | +630% |
| Total equity and liabilities | 10/49 | €159,823 | €156,460 | -€3,363 | -2.1% |
| Equity | 10/15 | €52,971 | €60,881 | +€7,910 | +14.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,111 | €58,021 | +€7,910 | +15.8% |
| Amounts payable | 17/49 | €106,852 | €95,579 | -€11,274 | -10.6% |
| Amounts payable within one year | 42/48 | €106,852 | €95,579 | -€11,274 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €1,696 | €1,698 | +€1 | +0.1% |
| Trade debts | 44 | €7,555 | €45,299 | +€37,744 | +500% |
| Suppliers | 440/4 | €7,555 | €45,299 | +€37,744 | +500% |
| Taxes, remuneration and social security | 45 | €48,133 | €45,541 | -€2,593 | -5.4% |
| Taxes | 450/3 | €5,852 | €7,565 | +€1,713 | +29.3% |
| Remuneration and social security | 454/9 | €42,282 | €37,976 | -€4,306 | -10.2% |
| Other amounts payable | 47/48 | €49,467 | €3,041 | -€46,426 | -93.9% |
| Remuneration, social security and pensions | 62 | €37,878 | €27,384 | -€10,494 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €996 | +€496 | +99.1% |
| Other operating charges | 640/8 | €2,513 | €3,001 | +€488 | +19.4% |
| Gross operating margin | 9900 | €50,171 | €37,866 | -€12,305 | -24.5% |
| Operating profit (loss) | 9901 | €9,280 | €6,485 | -€2,794 | -30.1% |
| Financial income | 75/76B | - | €9,019 | +€9,019 | |
| Recurring financial income | 75 | - | €9,019 | +€9,019 | |
| Non-recurring financial income | 76B | - | €9,019 | +€9,019 | |
| Financial charges | 65/66B | €507 | €514 | +€7 | +1.4% |
| Recurring financial charges | 65 | €507 | €514 | +€7 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €8,772 | €14,990 | +€6,218 | +70.9% |
| Income taxes | 67/77 | €5,406 | €7,080 | +€1,674 | +31.0% |
| Profit (loss) for the period | 9904 | €3,366 | €7,910 | +€4,544 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €3,366 | €7,910 | +€4,544 | +135% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.