EriTecS: 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.
EriTecS
Largest movements
- Cash -€12,937
down €12,937 (-20.9%), from €61,811 to €48,874
mainly Contributions, distributions and other (-€26,000) and Receivables within one year (-€7,618)
- Receivables within one year +€7,618
up €7,618 (+57.4%), from €13,277 to €20,894
of which Trade receivables: +€7,618
- Deferred charges and accrued income +€4,886
up €4,886 (+427%), from €1,145 to €6,031
- Tangible fixed assets -€2,361
down €2,361 (-11.6%), from €20,310 to €17,949
- Debts after one year -€5,286
down €5,286 (-85.4%), from €6,190 to €903
- Tax, wage and social debts +€2,494
up €2,494 (+79.6%), from €3,133 to €5,628
of which Taxes: +€2,036
- Other debts -€2,000
down €2,000 (-7.1%), from €28,000 to €26,000
- Purchases and services +€18,804
up €18,804 (+23.3%), from €80,788 to €99,593
- Gross operating margin -€5,191
down €5,191 (-10.9%), from €47,530 to €42,339
- Depreciation -€2,116
down €2,116 (-21.7%), from €9,742 to €7,626
- Taxes -€763
down €763 (-9.9%), from €7,740 to €6,978
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 | €97,038 | €93,748 | -€3,289 | -3.4% |
| Fixed assets | 21/28 | €20,806 | €17,949 | -€2,856 | -13.7% |
| Intangible fixed assets | 21 | €495 | - | -€495 | |
| Tangible fixed assets | 22/27 | €20,310 | €17,949 | -€2,361 | -11.6% |
| Furniture and vehicles | 24 | €20,310 | €17,949 | -€2,361 | -11.6% |
| Current assets | 29/58 | €76,232 | €75,799 | -€433 | -0.6% |
| Amounts receivable within one year | 40/41 | €13,277 | €20,894 | +€7,618 | +57.4% |
| Trade receivables | 40 | €10,839 | €18,456 | +€7,618 | +70.3% |
| Other amounts receivable | 41 | €2,438 | €2,438 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,811 | €48,874 | -€12,937 | -20.9% |
| Deferred charges and accrued income | 490/1 | €1,145 | €6,031 | +€4,886 | +427% |
| Total equity and liabilities | 10/49 | €97,038 | €93,748 | -€3,289 | -3.4% |
| Equity | 10/15 | €54,080 | €55,017 | +€937 | +1.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €48,080 | €49,017 | +€937 | +1.9% |
| Distributable reserves | 133 | €48,080 | €49,017 | +€937 | +1.9% |
| Amounts payable | 17/49 | €42,957 | €38,731 | -€4,226 | -9.8% |
| Amounts payable after more than one year | 17 | €6,190 | €903 | -€5,286 | -85.4% |
| Financial debts | 170/4 | €6,190 | €903 | -€5,286 | -85.4% |
| Amounts payable within one year | 42/48 | €36,768 | €37,828 | +€1,060 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €5,066 | €5,286 | +€221 | +4.4% |
| Trade debts | 44 | €569 | €914 | +€345 | +60.7% |
| Suppliers | 440/4 | €569 | €914 | +€345 | +60.7% |
| Taxes, remuneration and social security | 45 | €3,133 | €5,628 | +€2,494 | +79.6% |
| Taxes | 450/3 | €3,133 | €5,169 | +€2,036 | +65.0% |
| Remuneration and social security | 454/9 | - | €458 | +€458 | |
| Other amounts payable | 47/48 | €28,000 | €26,000 | -€2,000 | -7.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €80,788 | €99,593 | +€18,804 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,742 | €7,626 | -€2,116 | -21.7% |
| Other operating charges | 640/8 | €312 | €350 | +€38 | +12.3% |
| Gross operating margin | 9900 | €47,530 | €42,339 | -€5,191 | -10.9% |
| Operating profit (loss) | 9901 | €37,477 | €34,363 | -€3,113 | -8.3% |
| Financial income | 75/76B | €50 | €181 | +€131 | +261% |
| Recurring financial income | 75 | €50 | €181 | +€131 | +261% |
| Financial charges | 65/66B | €840 | €631 | -€209 | -24.9% |
| Recurring financial charges | 65 | €840 | €631 | -€209 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €36,687 | €33,914 | -€2,773 | -7.6% |
| Income taxes | 67/77 | €7,740 | €6,978 | -€763 | -9.9% |
| Profit (loss) for the period | 9904 | €28,947 | €26,937 | -€2,010 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,947 | €26,937 | -€2,010 | -6.9% |
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 16 October 2026 via checked.be.