Erittage Immo: 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.
Erittage Immo
Largest movements
- Tangible fixed assets -€96,211
down €96,211 (-3.4%), from €2.8m to €2.7m
of which Land and buildings: -€95,711
- Debts after one year -€177,184
down €177,184 (-9.1%), from €1.9m to €1.8m
of which Financial debts: -€177,184
- Profit (loss) carried forward +€152,577
up €152,577 (+162%), from €94,167 to €246,744
- Other debts -€86,061
down €86,061 (-21.2%), from €405,085 to €319,025
- Gross operating margin +€67,723
up €67,723 (+23.9%), from €283,042 to €350,765
- Taxes +€19,463
up €19,463 (+62.0%), from €31,396 to €50,859
- Financial charges -€10,767
down €10,767 (-25.5%), from €42,148 to €31,381
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 | €2,912,400 | €2,802,713 | -€109,687 | -3.8% |
| Fixed assets | 21/28 | €2,835,467 | €2,739,256 | -€96,211 | -3.4% |
| Tangible fixed assets | 22/27 | €2,835,467 | €2,739,256 | -€96,211 | -3.4% |
| Land and buildings | 22 | €2,832,217 | €2,736,506 | -€95,711 | -3.4% |
| Plant, machinery and equipment | 23 | €3,250 | €2,750 | -€500 | -15.4% |
| Current assets | 29/58 | €76,933 | €63,457 | -€13,476 | -17.5% |
| Amounts receivable within one year | 40/41 | €42,760 | €29,941 | -€12,818 | -30.0% |
| Trade receivables | 40 | €26,623 | €0 | -€26,623 | -100% |
| Other amounts receivable | 41 | €16,136 | €29,941 | +€13,805 | +85.6% |
| Cash at bank and in hand | 54/58 | €28,953 | €28,133 | -€820 | -2.8% |
| Deferred charges and accrued income | 490/1 | €5,220 | €5,383 | +€163 | +3.1% |
| Total equity and liabilities | 10/49 | €2,912,400 | €2,802,713 | -€109,687 | -3.8% |
| Equity | 10/15 | €372,229 | €524,806 | +€152,577 | +41.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €253,062 | €253,062 | = | 0.0% |
| Distributable reserves | 133 | €253,062 | €253,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,167 | €246,744 | +€152,577 | +162% |
| Amounts payable | 17/49 | €2,540,171 | €2,277,907 | -€262,264 | -10.3% |
| Amounts payable after more than one year | 17 | €1,942,013 | €1,764,830 | -€177,184 | -9.1% |
| Financial debts | 170/4 | €1,794,419 | €1,617,235 | -€177,184 | -9.9% |
| Other amounts payable | 178/9 | €147,595 | €147,595 | = | 0.0% |
| Amounts payable within one year | 42/48 | €598,157 | €513,078 | -€85,080 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €175,664 | €194,004 | +€18,340 | +10.4% |
| Trade debts | 44 | €1,666 | €49 | -€1,617 | -97.1% |
| Suppliers | 440/4 | €1,666 | €49 | -€1,617 | -97.1% |
| Taxes, remuneration and social security | 45 | €15,742 | €0 | -€15,742 | -100% |
| Taxes | 450/3 | €15,742 | €0 | -€15,742 | -100% |
| Other amounts payable | 47/48 | €405,085 | €319,025 | -€86,061 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,211 | €96,211 | = | 0.0% |
| Other operating charges | 640/8 | €19,136 | €19,737 | +€601 | +3.1% |
| Gross operating margin | 9900 | €283,042 | €350,765 | +€67,723 | +23.9% |
| Operating profit (loss) | 9901 | €167,695 | €234,817 | +€67,122 | +40.0% |
| Financial income | 75/76B | €16 | €0 | -€16 | -100% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -100% |
| Financial charges | 65/66B | €42,148 | €31,381 | -€10,767 | -25.5% |
| Recurring financial charges | 65 | €42,148 | €31,381 | -€10,767 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €125,563 | €203,436 | +€77,874 | +62.0% |
| Income taxes | 67/77 | €31,396 | €50,859 | +€19,463 | +62.0% |
| Profit (loss) for the period | 9904 | €94,167 | €152,577 | +€58,410 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,167 | €152,577 | +€58,410 | +62.0% |
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.