ERISAN: 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.
ERISAN
Largest movements
- Tangible fixed assets +€5,047
up €5,047 (+5.3%), from €95,102 to €100,149
- Cash +€3,069
up €3,069 (+25.2%), from €12,193 to €15,262
mainly Net result for the year (+€7,017) and Other debts (+€1,175)
- Reserves +€3,847
new in 2025: €3,847
- Profit (loss) carried forward +€3,169
up €3,169, from -€3,169 to €0
- Other debts +€1,175
up €1,175 (+1.3%), from €91,208 to €92,383
- Depreciation +€1,000
up €1,000 (+4,632%), from €22 to €1,022
- Gross operating margin +€957
up €957 (+7.0%), from €13,692 to €14,649
- Taxes +€297
up €297 (+11.6%), from €2,554 to €2,852
- Financial charges +€247
up €247 (+16.4%), from €1,507 to €1,754
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 | €107,295 | €116,178 | +€8,883 | +8.3% |
| Fixed assets | 21/28 | €95,102 | €100,149 | +€5,047 | +5.3% |
| Tangible fixed assets | 22/27 | €95,102 | €100,149 | +€5,047 | +5.3% |
| Land and buildings | 22 | €95,102 | €100,149 | +€5,047 | +5.3% |
| Current assets | 29/58 | €12,193 | €16,028 | +€3,836 | +31.5% |
| Cash at bank and in hand | 54/58 | €12,193 | €15,262 | +€3,069 | +25.2% |
| Deferred charges and accrued income | 490/1 | - | €767 | +€767 | |
| Total equity and liabilities | 10/49 | €107,295 | €116,178 | +€8,883 | +8.3% |
| Equity | 10/15 | €15,423 | €22,439 | +€7,017 | +45.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | - | €3,847 | +€3,847 | |
| Distributable reserves | 133 | - | €3,847 | +€3,847 | |
| Profit (loss) carried forward | 14 | -€3,169 | €0 | +€3,169 | |
| Amounts payable | 17/49 | €91,873 | €93,739 | +€1,866 | +2.0% |
| Amounts payable within one year | 42/48 | €91,873 | €93,739 | +€1,866 | +2.0% |
| Taxes, remuneration and social security | 45 | €664 | €1,355 | +€691 | +104% |
| Taxes | 450/3 | €664 | €1,355 | +€691 | +104% |
| Other amounts payable | 47/48 | €91,208 | €92,383 | +€1,175 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €1,022 | +€1,000 | +4,632% |
| Other operating charges | 640/8 | €1,946 | €2,006 | +€59 | +3.1% |
| Gross operating margin | 9900 | €13,692 | €14,649 | +€957 | +7.0% |
| Operating profit (loss) | 9901 | €11,725 | €11,622 | -€102 | -0.9% |
| Financial charges | 65/66B | €1,507 | €1,754 | +€247 | +16.4% |
| Recurring financial charges | 65 | €1,507 | €1,754 | +€247 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €10,218 | €9,868 | -€349 | -3.4% |
| Income taxes | 67/77 | €2,554 | €2,852 | +€297 | +11.6% |
| Profit (loss) for the period | 9904 | €7,663 | €7,017 | -€647 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,663 | €7,017 | -€647 | -8.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.