ERISMO: 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.
What changed
ERISMO
NACE 47.789, Other retail sale of new goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€35,702
2024 · -€34,361-€1,341
Equity
€557,226
2024 · €592,928-€35,702
Cash
€86,447
2024 · €74,268+€12,179
Balance sheet total
€2.2m
2024 · €1.2m+€1.1m
Largest movements
Assets
- Receivables within one year +€991,115
up €991,115 (+2,856%), from €34,698 to €1.0m
of which Other amounts receivable: +€970,492
- Deferred charges and accrued income +€39,096
up €39,096 (+408%), from €9,585 to €48,681
- Stocks and contracts +€32,388
up €32,388 (+3.4%), from €966,345 to €998,733
Equity and liabilities
- Other debts +€1.0m
up €1.0m (+727%), from €142,309 to €1.2m
- Accrued charges and deferred income +€57,718
up €57,718 (+62.7%), from €92,004 to €149,722
- Reserves -€35,702
down €35,702 (-40.4%), from €88,317 to €52,616
of which Distributable reserves: -€35,702
Income statement
- Financial income +€38,625
up €38,625 (+351%), from €11,006 to €49,631
- Financial charges +€27,386
up €27,386 (+68.6%), from €39,905 to €67,291
- Gross operating margin -€20,143
down €20,143 (-3.6%), from €553,712 to €533,568
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.
Result 2024
-€34,361
Gross operating margin
-€20,143
Staff costs
+€4,777
Depreciation
+€2,873
Other operating charges
-€35
Financial income
+€38,625
Financial charges
-€27,386
Taxes
-€51
Result 2025
-€35,702
raises the resultlowers the result
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.
From operations
+€17,775
Investment
-€5,730
Financing
+€134
Cash 2024
€74,268
From operations (derived)
+€17,775
Net result for the year
-€35,702
Depreciation
+€11,678
Stocks and contracts
-€32,388
Receivables within one year
-€991,115
Deferred charges and accrued income
-€39,096
Trade debts
+€12,170
Tax, wage and social debts
-€546
Other debts
+€1.0m
Accrued charges and deferred income
+€57,718
Investment (derived)
-€5,730
Investment in fixed assets (net)
-€5,730
Financing
+€134
Short-term financial debts
+€134
Cash 2025
€86,447
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,170,417 | €2,239,247 | +€1.1m | +91.3% |
| Fixed assets | 21/28 | €85,521 | €79,574 | -€5,948 | -7.0% |
| Tangible fixed assets | 22/27 | €81,177 | €75,197 | -€5,979 | -7.4% |
| Plant, machinery and equipment | 23 | €723 | €4,495 | +€3,772 | +522% |
| Furniture and vehicles | 24 | €621 | €1,088 | +€467 | +75.2% |
| Other tangible fixed assets | 26 | €79,833 | €69,615 | -€10,218 | -12.8% |
| Financial fixed assets | 28 | €4,345 | €4,376 | +€32 | +0.7% |
| Current assets | 29/58 | €1,084,896 | €2,159,673 | +€1.1m | +99.1% |
| Stocks and contracts in progress | 3 | €966,345 | €998,733 | +€32,388 | +3.4% |
| Stocks | 30/36 | €966,345 | €998,733 | +€32,388 | +3.4% |
| Amounts receivable within one year | 40/41 | €34,698 | €1,025,813 | +€991,115 | +2,856% |
| Trade receivables | 40 | €34,698 | €55,320 | +€20,623 | +59.4% |
| Other amounts receivable | 41 | - | €970,492 | +€970,492 | |
| Cash at bank and in hand | 54/58 | €74,268 | €86,447 | +€12,179 | +16.4% |
| Deferred charges and accrued income | 490/1 | €9,585 | €48,681 | +€39,096 | +408% |
| Total equity and liabilities | 10/49 | €1,170,417 | €2,239,247 | +€1.1m | +91.3% |
| Equity | 10/15 | €592,928 | €557,226 | -€35,702 | -6.0% |
| Contributions | 10/11 | €504,611 | €504,611 | = | 0.0% |
| Capital | 10 | €504,611 | €504,611 | = | 0.0% |
| Issued capital | 100 | €504,611 | €504,611 | = | 0.0% |
| Reserves | 13 | €88,317 | €52,616 | -€35,702 | -40.4% |
| Non-distributable reserves | 130/1 | €50,461 | €50,461 | = | 0.0% |
| Legal reserve | 130 | €50,461 | €50,461 | = | 0.0% |
| Tax-exempt reserves | 132 | €650 | €650 | = | 0.0% |
| Distributable reserves | 133 | €37,207 | €1,505 | -€35,702 | -96.0% |
| Amounts payable | 17/49 | €577,489 | €1,682,021 | +€1.1m | +191% |
| Amounts payable after more than one year | 17 | €159,831 | €159,831 | = | 0.0% |
| Financial debts | 170/4 | €159,831 | €159,831 | = | 0.0% |
| Amounts payable within one year | 42/48 | €325,654 | €1,372,469 | +€1.0m | +321% |
| Financial debts | 43 | €33,107 | €33,241 | +€134 | +0.4% |
| Credit institutions | 430/8 | €33,107 | €33,241 | +€134 | +0.4% |
| Trade debts | 44 | €54,085 | €66,255 | +€12,170 | +22.5% |
| Suppliers | 440/4 | €54,085 | €66,255 | +€12,170 | +22.5% |
| Taxes, remuneration and social security | 45 | €96,154 | €95,608 | -€546 | -0.6% |
| Taxes | 450/3 | €35,521 | €32,939 | -€2,583 | -7.3% |
| Remuneration and social security | 454/9 | €60,633 | €62,670 | +€2,037 | +3.4% |
| Other amounts payable | 47/48 | €142,309 | €1,177,365 | +€1.0m | +727% |
| Accrued charges and deferred income | 492/3 | €92,004 | €149,722 | +€57,718 | +62.7% |
| Remuneration, social security and pensions | 62 | €538,462 | €533,685 | -€4,777 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,551 | €11,678 | -€2,873 | -19.7% |
| Other operating charges | 640/8 | €5,709 | €5,744 | +€35 | +0.6% |
| Gross operating margin | 9900 | €553,712 | €533,568 | -€20,143 | -3.6% |
| Operating profit (loss) | 9901 | -€5,010 | -€17,539 | -€12,529 | -250% |
| Financial income | 75/76B | €11,006 | €49,631 | +€38,625 | +351% |
| Recurring financial income | 75 | €11,006 | €49,631 | +€38,625 | +351% |
| Financial charges | 65/66B | €39,905 | €67,291 | +€27,386 | +68.6% |
| Recurring financial charges | 65 | €39,905 | €67,291 | +€27,386 | +68.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,909 | -€35,199 | -€1,290 | -3.8% |
| Income taxes | 67/77 | €451 | €503 | +€51 | +11.4% |
| Profit (loss) for the period | 9904 | -€34,361 | -€35,702 | -€1,341 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,361 | -€35,702 | -€1,341 | -3.9% |
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 17 October 2026 via checked.be.