ERIPAT: 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.
ERIPAT
Largest movements
- Cash -€187,446
down €187,446 (-52.2%), from €358,839 to €171,393
mainly Accrued charges and deferred income (-€153,605) and Stocks and contracts (-€117,500)
- Stocks and contracts +€117,500
up €117,500 (+587.5%), from €20,000 to €137,500
- Tangible fixed assets -€24,738
down €24,738 (-28.3%), from €87,485 to €62,747
of which Land and buildings: -€15,834
- Receivables within one year +€20,363
up €20,363 (+6.8%), from €297,855 to €318,217
of which Trade receivables: +€41,010
- Accrued charges and deferred income -€153,605
down €153,605 (-98.5%), from €155,950 to €2,345
- Trade debts +€130,374
up €130,374 (+514.1%), from €25,361 to €155,735
- Other debts -€85,000
down €85,000 (-45.9%), from €185,000 to €100,000
- Tax, wage and social debts +€35,951
up €35,951 (+1824.1%), from €1,971 to €37,922
- Reserves +€11,024
up €11,024 (+3.1%), from €360,528 to €371,553
- Gross operating margin -€76,902
down €76,902 (-34.0%), from €226,296 to €149,394
- Taxes -€3,097
down €3,097 (-27.8%), from €11,155 to €8,058
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 | €766,371 | €691,797 | -€74,574 | -9.7% |
| Fixed assets | 21/28 | €87,485 | €62,747 | -€24,738 | -28.3% |
| Tangible fixed assets | 22/27 | €87,485 | €62,747 | -€24,738 | -28.3% |
| Land and buildings | 22 | €52,778 | €36,945 | -€15,834 | -30.0% |
| Plant, machinery and equipment | 23 | €8,058 | €8,998 | +€940 | +11.7% |
| Furniture and vehicles | 24 | €26,648 | €16,803 | -€9,845 | -36.9% |
| Current assets | 29/58 | €678,886 | €629,051 | -€49,836 | -7.3% |
| Stocks and contracts in progress | 3 | €20,000 | €137,500 | +€117,500 | +587.5% |
| Contracts in progress | 37 | €20,000 | €137,500 | +€117,500 | +587.5% |
| Amounts receivable within one year | 40/41 | €297,855 | €318,217 | +€20,363 | +6.8% |
| Trade receivables | 40 | €274,179 | €315,189 | +€41,010 | +15.0% |
| Other amounts receivable | 41 | €23,676 | €3,028 | -€20,648 | -87.2% |
| Cash at bank and in hand | 54/58 | €358,839 | €171,393 | -€187,446 | -52.2% |
| Deferred charges and accrued income | 490/1 | €2,193 | €1,941 | -€252 | -11.5% |
| Total equity and liabilities | 10/49 | €766,371 | €691,797 | -€74,574 | -9.7% |
| Equity | 10/15 | €379,120 | €390,145 | +€11,024 | +2.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €360,528 | €371,553 | +€11,024 | +3.1% |
| Distributable reserves | 133 | €360,528 | €371,553 | +€11,024 | +3.1% |
| Amounts payable | 17/49 | €387,251 | €301,653 | -€85,598 | -22.1% |
| Amounts payable after more than one year | 17 | €5,650 | - | -€5,650 | |
| Financial debts | 170/4 | €5,650 | - | -€5,650 | |
| Amounts payable within one year | 42/48 | €225,650 | €299,308 | +€73,657 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €13,318 | €5,650 | -€7,668 | -57.6% |
| Trade debts | 44 | €25,361 | €155,735 | +€130,374 | +514.1% |
| Suppliers | 440/4 | €25,361 | €155,735 | +€130,374 | +514.1% |
| Taxes, remuneration and social security | 45 | €1,971 | €37,922 | +€35,951 | +1824.1% |
| Taxes | 450/3 | €1,971 | €37,922 | +€35,951 | +1824.1% |
| Other amounts payable | 47/48 | €185,000 | €100,000 | -€85,000 | -45.9% |
| Accrued charges and deferred income | 492/3 | €155,950 | €2,345 | -€153,605 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,020 | €26,538 | +€518 | +2.0% |
| Other operating charges | 640/8 | €2,256 | €2,769 | +€512 | +22.7% |
| Gross operating margin | 9900 | €226,296 | €149,394 | -€76,902 | -34.0% |
| Operating profit (loss) | 9901 | €198,020 | €120,087 | -€77,933 | -39.4% |
| Financial income | 75/76B | €569 | €447 | -€122 | -21.4% |
| Recurring financial income | 75 | €569 | €447 | -€122 | -21.4% |
| Financial charges | 65/66B | €1,827 | €1,453 | -€374 | -20.5% |
| Recurring financial charges | 65 | €1,827 | €1,453 | -€374 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €196,762 | €119,082 | -€77,680 | -39.5% |
| Income taxes | 67/77 | €11,155 | €8,058 | -€3,097 | -27.8% |
| Profit (loss) for the period | 9904 | €185,607 | €111,024 | -€74,583 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €185,607 | €111,024 | -€74,583 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.