ERISH 2020: 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.
ERISH 2020
Largest movements
- Stocks and contracts +€10,647
up €10,647 (+15.4%), from €69,102 to €79,749
- Receivables within one year +€7,175
up €7,175 (+53.3%), from €13,453 to €20,628
- Cash -€3,451
down €3,451 (-27.6%), from €12,488 to €9,037
mainly Stocks and contracts (-€10,647) and Receivables within one year (-€7,175)
- Trade debts +€9,843
up €9,843 (+104%), from €9,427 to €19,270
- Profit (loss) carried forward +€5,974
up €5,974 (+14.1%), from €42,256 to €48,230
- Contributions +€4,108
up €4,108 (+26.0%), from €15,800 to €19,908
- Other debts -€3,261
no longer reported in 2024 (was €3,261)
- Tax, wage and social debts -€3,136
down €3,136 (-10.8%), from €28,915 to €25,779
of which Remuneration and social security: -€3,882
- Purchases and services +€53,309
up €53,309 (+29.6%), from €179,916 to €233,225
- Turnover +€50,243
up €50,243 (+22.5%), from €222,905 to €273,148
- Staff costs +€14,793
up €14,793 (+93.8%), from €15,772 to €30,564
- Taxes -€3,609
down €3,609 (-64.3%), from €5,610 to €2,001
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,659 | €113,187 | +€13,528 | +13.6% |
| Fixed assets | 21/28 | €4,617 | €3,773 | -€844 | -18.3% |
| Tangible fixed assets | 22/27 | €3,967 | €3,123 | -€844 | -21.3% |
| Other tangible fixed assets | 26 | €3,967 | €3,123 | -€844 | -21.3% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €95,042 | €109,414 | +€14,371 | +15.1% |
| Stocks and contracts in progress | 3 | €69,102 | €79,749 | +€10,647 | +15.4% |
| Stocks | 30/36 | €69,102 | €79,749 | +€10,647 | +15.4% |
| Amounts receivable within one year | 40/41 | €13,453 | €20,628 | +€7,175 | +53.3% |
| Trade receivables | 40 | €13,453 | €20,628 | +€7,175 | +53.3% |
| Cash at bank and in hand | 54/58 | €12,488 | €9,037 | -€3,451 | -27.6% |
| Total equity and liabilities | 10/49 | €99,659 | €113,187 | +€13,528 | +13.6% |
| Equity | 10/15 | €58,056 | €68,138 | +€10,082 | +17.4% |
| Contributions | 10/11 | €15,800 | €19,908 | +€4,108 | +26.0% |
| Profit (loss) carried forward | 14 | €42,256 | €48,230 | +€5,974 | +14.1% |
| Amounts payable | 17/49 | €41,603 | €45,049 | +€3,446 | +8.3% |
| Amounts payable within one year | 42/48 | €41,603 | €45,049 | +€3,446 | +8.3% |
| Trade debts | 44 | €9,427 | €19,270 | +€9,843 | +104% |
| Suppliers | 440/4 | €9,427 | €19,270 | +€9,843 | +104% |
| Taxes, remuneration and social security | 45 | €28,915 | €25,779 | -€3,136 | -10.8% |
| Taxes | 450/3 | €24,322 | €25,068 | +€746 | +3.1% |
| Remuneration and social security | 454/9 | €4,593 | €711 | -€3,882 | -84.5% |
| Other amounts payable | 47/48 | €3,261 | - | -€3,261 | |
| Turnover | 70 | €222,905 | €273,148 | +€50,243 | +22.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €179,916 | €233,225 | +€53,309 | +29.6% |
| Remuneration, social security and pensions | 62 | €15,772 | €30,564 | +€14,793 | +93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €844 | +€592 | +235% |
| Other operating charges | 640/8 | €2,184 | €1,301 | -€882 | -40.4% |
| Gross operating margin | 9900 | €43,051 | €42,544 | -€507 | -1.2% |
| Operating profit (loss) | 9901 | €24,843 | €9,834 | -€15,009 | -60.4% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €1,902 | €1,860 | -€43 | -2.2% |
| Recurring financial charges | 65 | €1,902 | €1,860 | -€43 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €22,950 | €7,974 | -€14,975 | -65.3% |
| Income taxes | 67/77 | €5,610 | €2,001 | -€3,609 | -64.3% |
| Profit (loss) for the period | 9904 | €17,340 | €5,974 | -€11,366 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,340 | €5,974 | -€11,366 | -65.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.