Erithai: 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.
Erithai
Largest movements
- Receivables within one year +€63,957
up €63,957 (+144.5%), from €44,265 to €108,221
of which Trade receivables: +€48,449
- Tangible fixed assets -€4,899
down €4,899 (-46.8%), from €10,473 to €5,574
- Deferred charges and accrued income +€3,959
new in 2024: €3,959
- Advances received +€56,792
up €56,792 (+3669.2%), from €1,548 to €58,339
- Profit (loss) carried forward +€14,597
up €14,597 (+43.8%), from -€33,306 to -€18,708
- Debts after one year -€4,728
down €4,728 (-85.5%), from €5,528 to €801
- Trade debts -€3,022
down €3,022 (-4.6%), from €65,137 to €62,115
- Gross operating margin +€82,900
up €82,900 (+279.6%), from €29,649 to €112,548
- Staff costs +€44,522
up €44,522 (+106.5%), from €41,806 to €86,328
- Financial charges +€4,755
up €4,755, from -€933 to €3,822
- Other operating charges +€2,202
up €2,202 (+560.2%), from €393 to €2,595
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.
Cash bridge derived
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 | €70,872 | €133,143 | +€62,271 | +87.9% |
| Fixed assets | 21/28 | €10,473 | €5,574 | -€4,899 | -46.8% |
| Tangible fixed assets | 22/27 | €10,473 | €5,574 | -€4,899 | -46.8% |
| Furniture and vehicles | 24 | €10,473 | €5,574 | -€4,899 | -46.8% |
| Current assets | 29/58 | €60,399 | €127,569 | +€67,170 | +111.2% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,265 | €108,221 | +€63,957 | +144.5% |
| Trade receivables | 40 | €42,263 | €90,712 | +€48,449 | +114.6% |
| Other amounts receivable | 41 | €2,002 | €17,509 | +€15,507 | +774.8% |
| Cash at bank and in hand | 54/58 | €14,634 | €13,889 | -€746 | -5.1% |
| Deferred charges and accrued income | 490/1 | - | €3,959 | +€3,959 | |
| Total equity and liabilities | 10/49 | €70,872 | €133,143 | +€62,271 | +87.9% |
| Equity | 10/15 | -€14,706 | -€108 | +€14,597 | +99.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,306 | -€18,708 | +€14,597 | +43.8% |
| Amounts payable | 17/49 | €85,577 | €133,251 | +€47,674 | +55.7% |
| Amounts payable after more than one year | 17 | €5,528 | €801 | -€4,728 | -85.5% |
| Financial debts | 170/4 | €5,528 | €801 | -€4,728 | -85.5% |
| Amounts payable within one year | 42/48 | €80,049 | €132,451 | +€52,402 | +65.5% |
| Current portion of amounts payable after more than one year | 42 | €4,600 | €4,728 | +€127 | +2.8% |
| Trade debts | 44 | €65,137 | €62,115 | -€3,022 | -4.6% |
| Suppliers | 440/4 | €65,137 | €62,115 | -€3,022 | -4.6% |
| Advances received on contracts in progress | 46 | €1,548 | €58,339 | +€56,792 | +3669.2% |
| Taxes, remuneration and social security | 45 | €8,487 | €7,269 | -€1,218 | -14.4% |
| Taxes | 450/3 | €708 | €2,268 | +€1,560 | +220.3% |
| Remuneration and social security | 454/9 | €7,779 | €5,001 | -€2,778 | -35.7% |
| Other amounts payable | 47/48 | €277 | - | -€277 | |
| Remuneration, social security and pensions | 62 | €41,806 | €86,328 | +€44,522 | +106.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,899 | €4,899 | = | 0.0% |
| Other operating charges | 640/8 | €393 | €2,595 | +€2,202 | +560.2% |
| Gross operating margin | 9900 | €29,649 | €112,548 | +€82,900 | +279.6% |
| Operating profit (loss) | 9901 | -€17,449 | €18,727 | +€36,176 | |
| Financial income | 75/76B | €20 | €56 | +€36 | +181.4% |
| Recurring financial income | 75 | €20 | €56 | +€36 | +181.4% |
| Financial charges | 65/66B | -€933 | €3,822 | +€4,755 | |
| Recurring financial charges | 65 | -€933 | €3,822 | +€4,755 | |
| Profit (loss) for the period before taxes | 9903 | -€16,497 | €14,961 | +€31,457 | |
| Income taxes | 67/77 | €355 | €363 | +€8 | +2.2% |
| Profit (loss) for the period | 9904 | -€16,852 | €14,597 | +€31,450 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,852 | €14,597 | +€31,450 |
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 10 October 2026 via checked.be.