ERIM: 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.
ERIM
Largest movements
- Tangible fixed assets -€13,509
down €13,509 (-11.6%), from €116,549 to €103,040
- Receivables within one year +€8,501
up €8,501 (+9.3%), from €90,931 to €99,433
of which Trade receivables: +€5,957
- Profit (loss) carried forward +€13,630
up €13,630 (+71.9%), from -€18,960 to -€5,330
- Reserves -€10,437
down €10,437 (-7.2%), from €145,838 to €135,401
of which Tax-exempt reserves: -€10,437
- Other debts -€4,074
down €4,074 (-90.0%), from €4,525 to €451
- Provisions -€3,479
down €3,479 (-6.1%), from €57,375 to €53,896
- Gross operating margin +€11,624
up €11,624 (+421.0%), from €2,761 to €14,385
- Other operating charges -€846
down €846 (-42.6%), from €1,985 to €1,140
- Depreciation -€407
down €407 (-2.9%), from €13,916 to €13,509
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 | €207,684 | €203,272 | -€4,412 | -2.1% |
| Fixed assets | 21/28 | €116,549 | €103,040 | -€13,509 | -11.6% |
| Tangible fixed assets | 22/27 | €116,549 | €103,040 | -€13,509 | -11.6% |
| Land and buildings | 22 | €116,549 | €103,040 | -€13,509 | -11.6% |
| Current assets | 29/58 | €91,136 | €100,232 | +€9,097 | +10.0% |
| Amounts receivable within one year | 40/41 | €90,931 | €99,433 | +€8,501 | +9.3% |
| Trade receivables | 40 | €46,430 | €52,387 | +€5,957 | +12.8% |
| Other amounts receivable | 41 | €44,502 | €47,046 | +€2,544 | +5.7% |
| Cash at bank and in hand | 54/58 | €204 | €800 | +€595 | +291.4% |
| Total equity and liabilities | 10/49 | €207,684 | €203,272 | -€4,412 | -2.1% |
| Equity | 10/15 | €145,478 | €148,671 | +€3,193 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €145,838 | €135,401 | -€10,437 | -7.2% |
| Non-distributable reserves | 130/1 | €1,357 | €1,357 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,357 | €1,357 | = | 0.0% |
| Tax-exempt reserves | 132 | €127,723 | €117,286 | -€10,437 | -8.2% |
| Distributable reserves | 133 | €16,758 | €16,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,960 | -€5,330 | +€13,630 | +71.9% |
| Provisions and deferred taxes | 16 | €57,375 | €53,896 | -€3,479 | -6.1% |
| Deferred taxes | 168 | €57,375 | €53,896 | -€3,479 | -6.1% |
| Amounts payable | 17/49 | €4,831 | €704 | -€4,127 | -85.4% |
| Amounts payable within one year | 42/48 | €4,831 | €704 | -€4,127 | -85.4% |
| Trade debts | 44 | €306 | €254 | -€53 | -17.2% |
| Suppliers | 440/4 | €306 | €254 | -€53 | -17.2% |
| Other amounts payable | 47/48 | €4,525 | €451 | -€4,074 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,916 | €13,509 | -€407 | -2.9% |
| Other operating charges | 640/8 | €1,985 | €1,140 | -€846 | -42.6% |
| Gross operating margin | 9900 | €2,761 | €14,385 | +€11,624 | +421.0% |
| Operating profit (loss) | 9901 | -€13,140 | -€264 | +€12,876 | +98.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €15 | €22 | +€7 | +50.0% |
| Recurring financial charges | 65 | €15 | €22 | +€7 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,154 | -€286 | +€12,869 | +97.8% |
| Transfer from deferred taxes | 780 | €3,479 | €3,479 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€9,675 | €3,193 | +€12,869 | |
| Transfer from tax-exempt reserves | 789 | €10,437 | €10,437 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €761 | €13,630 | +€12,869 | +1690.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.