ERIKA: 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.
ERIKA
Largest movements
- Tangible fixed assets -€25,110
down €25,110 (-4.0%), from €627,840 to €602,729
of which Plant, machinery and equipment: -€16,697
- Cash +€10,811
up €10,811 (+26.5%), from €40,852 to €51,663
mainly Depreciation (+€87,501) and Current portion of long-term debt (+€36,235)
- Profit (loss) carried forward -€42,825
down €42,825 (-354%), from -€12,086 to -€54,911
- Current portion of long-term debt +€36,235
up €36,235 (+137%), from €26,510 to €62,746
- Trade debts +€30,732
up €30,732 (+61.1%), from €50,271 to €81,004
- Other debts -€9,193
down €9,193 (-28.9%), from €31,802 to €22,608
- Accrued charges and deferred income -€8,879
down €8,879 (-100%), from €8,879 to €0
- Gross operating margin -€153,460
down €153,460 (-53.4%), from €287,168 to €133,708
- Staff costs -€60,227
down €60,227 (-52.2%), from €115,372 to €55,145
- Other operating charges +€8,135
up €8,135 (+122%), from €6,665 to €14,800
- Depreciation -€5,440
down €5,440 (-5.9%), from €92,941 to €87,501
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 | €709,306 | €715,356 | +€6,050 | +0.9% |
| Fixed assets | 21/28 | €628,740 | €608,794 | -€19,946 | -3.2% |
| Intangible fixed assets | 21 | €0 | €5,164 | +€5,164 | |
| Tangible fixed assets | 22/27 | €627,840 | €602,729 | -€25,110 | -4.0% |
| Plant, machinery and equipment | 23 | €142,096 | €125,399 | -€16,697 | -11.8% |
| Furniture and vehicles | 24 | €38,311 | €42,580 | +€4,269 | +11.1% |
| Other tangible fixed assets | 26 | €447,433 | €434,750 | -€12,683 | -2.8% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €80,566 | €106,562 | +€25,996 | +32.3% |
| Stocks and contracts in progress | 3 | €35,054 | €41,348 | +€6,294 | +18.0% |
| Stocks | 30/36 | €35,054 | €41,348 | +€6,294 | +18.0% |
| Amounts receivable within one year | 40/41 | €1,769 | €8,549 | +€6,780 | +383% |
| Trade receivables | 40 | €1,768 | €1,101 | -€667 | -37.7% |
| Other amounts receivable | 41 | €1 | €7,448 | +€7,447 | +591,017% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €40,852 | €51,663 | +€10,811 | +26.5% |
| Deferred charges and accrued income | 490/1 | €2,890 | €5,002 | +€2,111 | +73.0% |
| Total equity and liabilities | 10/49 | €709,306 | €715,356 | +€6,050 | +0.9% |
| Equity | 10/15 | €12,914 | -€29,911 | -€42,825 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,086 | -€54,911 | -€42,825 | -354% |
| Amounts payable | 17/49 | €696,392 | €745,267 | +€48,875 | +7.0% |
| Amounts payable after more than one year | 17 | €526,790 | €530,419 | +€3,629 | +0.7% |
| Financial debts | 170/4 | €70,590 | €74,219 | +€3,629 | +5.1% |
| Other amounts payable | 178/9 | €456,200 | €456,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €160,723 | €214,848 | +€54,125 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €26,510 | €62,746 | +€36,235 | +137% |
| Financial debts | 43 | €36,643 | €41,198 | +€4,555 | +12.4% |
| Credit institutions | 430/8 | €36,643 | €41,198 | +€4,555 | +12.4% |
| Trade debts | 44 | €50,271 | €81,004 | +€30,732 | +61.1% |
| Suppliers | 440/4 | €50,271 | €81,004 | +€30,732 | +61.1% |
| Advances received on contracts in progress | 46 | €286 | €0 | -€286 | -100% |
| Taxes, remuneration and social security | 45 | €15,210 | €7,292 | -€7,918 | -52.1% |
| Taxes | 450/3 | €5,195 | €1,033 | -€4,162 | -80.1% |
| Remuneration and social security | 454/9 | €10,015 | €6,259 | -€3,756 | -37.5% |
| Other amounts payable | 47/48 | €31,802 | €22,608 | -€9,193 | -28.9% |
| Accrued charges and deferred income | 492/3 | €8,879 | €0 | -€8,879 | -100% |
| Remuneration, social security and pensions | 62 | €115,372 | €55,145 | -€60,227 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,941 | €87,501 | -€5,440 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,990 | +€1,990 | |
| Other operating charges | 640/8 | €6,665 | €14,800 | +€8,135 | +122% |
| Gross operating margin | 9900 | €287,168 | €133,708 | -€153,460 | -53.4% |
| Operating profit (loss) | 9901 | €72,191 | -€25,727 | -€97,918 | |
| Financial income | 75/76B | €47 | €1 | -€46 | -97.8% |
| Recurring financial income | 75 | €47 | €1 | -€46 | -97.8% |
| Financial charges | 65/66B | €14,063 | €16,767 | +€2,703 | +19.2% |
| Recurring financial charges | 65 | €14,063 | €16,767 | +€2,703 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €58,174 | -€42,493 | -€100,667 | |
| Income taxes | 67/77 | €159 | €331 | +€173 | +109% |
| Profit (loss) for the period | 9904 | €58,015 | -€42,825 | -€100,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,015 | -€42,825 | -€100,840 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.