ERIMA: 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.
ERIMA
Largest movements
- Tangible fixed assets -€56,002
down €56,002 (-3.5%), from €1.6m to €1.5m
of which Land and buildings: -€63,432
- Receivables within one year -€50,688
down €50,688 (-48.9%), from €103,608 to €52,921
of which Trade receivables: -€53,303
- Debts after one year -€115,620
down €115,620 (-9.5%), from €1.2m to €1.1m
- Reserves +€57,912
up €57,912 (+26.8%), from €215,814 to €273,725
- Trade debts -€38,421
down €38,421 (-83.0%), from €46,314 to €7,893
- Gross operating margin +€37,035
up €37,035 (+14.3%), from €258,644 to €295,678
- Other operating charges +€14,889
up €14,889 (+163%), from €9,150 to €24,039
- Taxes +€11,816
up €11,816 (+86.9%), from €13,598 to €25,414
- Financial charges -€10,276
down €10,276 (-17.0%), from €60,578 to €50,302
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 | €1,796,394 | €1,695,871 | -€100,523 | -5.6% |
| Fixed assets | 21/28 | €1,596,152 | €1,540,150 | -€56,002 | -3.5% |
| Tangible fixed assets | 22/27 | €1,596,152 | €1,540,150 | -€56,002 | -3.5% |
| Land and buildings | 22 | €1,596,152 | €1,532,720 | -€63,432 | -4.0% |
| Furniture and vehicles | 24 | - | €7,430 | +€7,430 | |
| Current assets | 29/58 | €200,242 | €155,721 | -€44,521 | -22.2% |
| Amounts receivable within one year | 40/41 | €103,608 | €52,921 | -€50,688 | -48.9% |
| Trade receivables | 40 | €87,622 | €34,319 | -€53,303 | -60.8% |
| Other amounts receivable | 41 | €15,986 | €18,602 | +€2,616 | +16.4% |
| Current investments | 50/53 | €81,614 | €76,838 | -€4,776 | -5.9% |
| Cash at bank and in hand | 54/58 | €9,507 | €21,686 | +€12,179 | +128% |
| Deferred charges and accrued income | 490/1 | €5,513 | €4,276 | -€1,237 | -22.4% |
| Total equity and liabilities | 10/49 | €1,796,394 | €1,695,871 | -€100,523 | -5.6% |
| Equity | 10/15 | €315,814 | €373,725 | +€57,912 | +18.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €215,814 | €273,725 | +€57,912 | +26.8% |
| Distributable reserves | 133 | €215,814 | €273,725 | +€57,912 | +26.8% |
| Amounts payable | 17/49 | €1,480,580 | €1,322,146 | -€158,434 | -10.7% |
| Amounts payable after more than one year | 17 | €1,213,902 | €1,098,282 | -€115,620 | -9.5% |
| Financial debts | 170/4 | €1,213,902 | €1,098,282 | -€115,620 | -9.5% |
| Amounts payable within one year | 42/48 | €266,678 | €223,864 | -€42,814 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €51,327 | €52,154 | +€827 | +1.6% |
| Financial debts | 43 | €63,467 | €63,467 | = | 0.0% |
| Credit institutions | 430/8 | €63,467 | €63,467 | = | 0.0% |
| Trade debts | 44 | €46,314 | €7,893 | -€38,421 | -83.0% |
| Suppliers | 440/4 | €46,314 | €7,893 | -€38,421 | -83.0% |
| Taxes, remuneration and social security | 45 | €13,595 | €16,700 | +€3,105 | +22.8% |
| Taxes | 450/3 | €13,595 | €16,700 | +€3,105 | +22.8% |
| Other amounts payable | 47/48 | €91,975 | €83,650 | -€8,325 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,432 | €64,002 | +€570 | +0.9% |
| Other operating charges | 640/8 | €9,150 | €24,039 | +€14,889 | +163% |
| Gross operating margin | 9900 | €258,644 | €295,678 | +€37,035 | +14.3% |
| Operating profit (loss) | 9901 | €186,062 | €207,637 | +€21,576 | +11.6% |
| Financial income | 75/76B | €419 | €990 | +€571 | +136% |
| Recurring financial income | 75 | €419 | €990 | +€571 | +136% |
| Financial charges | 65/66B | €60,578 | €50,302 | -€10,276 | -17.0% |
| Recurring financial charges | 65 | €60,578 | €50,302 | -€10,276 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €125,903 | €158,326 | +€32,423 | +25.8% |
| Income taxes | 67/77 | €13,598 | €25,414 | +€11,816 | +86.9% |
| Profit (loss) for the period | 9904 | €112,305 | €132,912 | +€20,607 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,305 | €132,912 | +€20,607 | +18.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.