ERIVANTI: 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.
ERIVANTI
Largest movements
- Cash -€35,404
down €35,404 (-76.3%), from €46,373 to €10,970
mainly Current portion of long-term debt (-€21,804) and Net result for the year (-€14,643)
- Receivables within one year +€5,537
up €5,537 (+45.8%), from €12,078 to €17,615
of which Other amounts receivable: +€4,022
- Tangible fixed assets -€2,378
down €2,378 (-1.4%), from €164,360 to €161,982
- Current portion of long-term debt -€21,804
no longer reported in 2025 (was €21,804)
- Reserves -€11,000
down €11,000 (-6.0%), from €183,500 to €172,500
of which Distributable reserves: -€11,000
- Other debts +€4,100
new in 2025: €4,100
- Profit (loss) carried forward -€3,643
down €3,643 (-86.9%), from €4,195 to €552
- Trade debts -€3,257
down €3,257 (-38.4%), from €8,477 to €5,220
- Depreciation -€9,462
down €9,462 (-49.3%), from €19,187 to €9,725
- Gross operating margin +€6,984
up €6,984 (+94.4%), from -€7,395 to -€411
- Other operating charges -€1,364
down €1,364 (-26.6%), from €5,125 to €3,761
- Financial charges -€720
down €720 (-61.3%), from €1,174 to €454
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 | €224,458 | €190,566 | -€33,892 | -15.1% |
| Fixed assets | 21/28 | €166,007 | €161,982 | -€4,025 | -2.4% |
| Intangible fixed assets | 21 | €1,647 | - | -€1,647 | |
| Tangible fixed assets | 22/27 | €164,360 | €161,982 | -€2,378 | -1.4% |
| Land and buildings | 22 | €164,360 | €161,982 | -€2,378 | -1.4% |
| Current assets | 29/58 | €58,451 | €28,584 | -€29,867 | -51.1% |
| Amounts receivable within one year | 40/41 | €12,078 | €17,615 | +€5,537 | +45.8% |
| Trade receivables | 40 | - | €1,514 | +€1,514 | |
| Other amounts receivable | 41 | €12,078 | €16,100 | +€4,022 | +33.3% |
| Cash at bank and in hand | 54/58 | €46,373 | €10,970 | -€35,404 | -76.3% |
| Total equity and liabilities | 10/49 | €224,458 | €190,566 | -€33,892 | -15.1% |
| Equity | 10/15 | €193,895 | €179,252 | -€14,643 | -7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €183,500 | €172,500 | -€11,000 | -6.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €164,750 | €153,750 | -€11,000 | -6.7% |
| Profit (loss) carried forward | 14 | €4,195 | €552 | -€3,643 | -86.9% |
| Amounts payable | 17/49 | €30,564 | €11,315 | -€19,249 | -63.0% |
| Amounts payable within one year | 42/48 | €30,521 | €11,315 | -€19,206 | -62.9% |
| Current portion of amounts payable after more than one year | 42 | €21,804 | - | -€21,804 | |
| Trade debts | 44 | €8,477 | €5,220 | -€3,257 | -38.4% |
| Suppliers | 440/4 | €8,477 | €5,220 | -€3,257 | -38.4% |
| Taxes, remuneration and social security | 45 | €240 | €1,995 | +€1,755 | +731% |
| Taxes | 450/3 | €240 | €1,995 | +€1,755 | +731% |
| Other amounts payable | 47/48 | - | €4,100 | +€4,100 | |
| Accrued charges and deferred income | 492/3 | €43 | - | -€43 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,187 | €9,725 | -€9,462 | -49.3% |
| Other operating charges | 640/8 | €5,125 | €3,761 | -€1,364 | -26.6% |
| Gross operating margin | 9900 | -€7,395 | -€411 | +€6,984 | +94.4% |
| Operating profit (loss) | 9901 | -€31,708 | -€13,897 | +€17,811 | +56.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,174 | €454 | -€720 | -61.3% |
| Recurring financial charges | 65 | €1,174 | €454 | -€720 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,882 | -€14,351 | +€18,531 | +56.4% |
| Income taxes | 67/77 | €232 | €292 | +€60 | +26.0% |
| Profit (loss) for the period | 9904 | -€33,114 | -€14,643 | +€18,470 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,114 | -€14,643 | +€18,470 | +55.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.