ERKA: 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.
ERKA
Largest movements
- Receivables within one year +€9,529
up €9,529 (+15.5%), from €61,310 to €70,839
of which Trade receivables: +€5,977
- Reserves +€7,200
up €7,200 (+7.8%), from €92,893 to €100,093
- Tax, wage and social debts -€3,668
down €3,668 (-57.5%), from €6,384 to €2,716
- Trade debts +€2,309
up €2,309 (+61.5%), from €3,757 to €6,066
- Gross operating margin +€14,929
up €14,929 (+719%), from €2,075 to €17,004
- Taxes +€3,563
new in 2025: €3,563
- Financial charges -€655
down €655 (-15.4%), from €4,258 to €3,604
- Financial income -€204
down €204 (-5.7%), from €3,553 to €3,349
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 | €169,294 | €175,724 | +€6,430 | +3.8% |
| Fixed assets | 21/28 | €84,292 | €83,281 | -€1,011 | -1.2% |
| Tangible fixed assets | 22/27 | €84,292 | €83,281 | -€1,011 | -1.2% |
| Land and buildings | 22 | €82,544 | €82,462 | -€83 | -0.1% |
| Plant, machinery and equipment | 23 | €805 | €478 | -€327 | -40.7% |
| Furniture and vehicles | 24 | €943 | €341 | -€602 | -63.8% |
| Current assets | 29/58 | €85,003 | €92,444 | +€7,441 | +8.8% |
| Stocks and contracts in progress | 3 | €3,000 | €2,310 | -€690 | -23.0% |
| Stocks | 30/36 | €3,000 | €2,310 | -€690 | -23.0% |
| Amounts receivable within one year | 40/41 | €61,310 | €70,839 | +€9,529 | +15.5% |
| Trade receivables | 40 | €2,981 | €8,959 | +€5,977 | +201% |
| Other amounts receivable | 41 | €58,328 | €61,880 | +€3,552 | +6.1% |
| Cash at bank and in hand | 54/58 | €14,238 | €12,923 | -€1,315 | -9.2% |
| Deferred charges and accrued income | 490/1 | €6,455 | €6,372 | -€83 | -1.3% |
| Total equity and liabilities | 10/49 | €169,294 | €175,724 | +€6,430 | +3.8% |
| Equity | 10/15 | €81,874 | €89,113 | +€7,239 | +8.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €92,893 | €100,093 | +€7,200 | +7.8% |
| Distributable reserves | 133 | €92,893 | €100,093 | +€7,200 | +7.8% |
| Profit (loss) carried forward | 14 | -€29,611 | -€29,572 | +€39 | +0.1% |
| Amounts payable | 17/49 | €87,421 | €86,611 | -€810 | -0.9% |
| Amounts payable within one year | 42/48 | €87,403 | €86,595 | -€808 | -0.9% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €3,757 | €6,066 | +€2,309 | +61.5% |
| Suppliers | 440/4 | €3,757 | €6,066 | +€2,309 | +61.5% |
| Taxes, remuneration and social security | 45 | €6,384 | €2,716 | -€3,668 | -57.5% |
| Taxes | 450/3 | €6,384 | €2,716 | -€3,668 | -57.5% |
| Other amounts payable | 47/48 | €27,263 | €27,813 | +€550 | +2.0% |
| Accrued charges and deferred income | 492/3 | €17 | €16 | -€1 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,117 | €1,011 | -€105 | -9.4% |
| Other operating charges | 640/8 | €4,795 | €4,936 | +€141 | +2.9% |
| Gross operating margin | 9900 | €2,075 | €17,004 | +€14,929 | +719% |
| Operating profit (loss) | 9901 | -€3,837 | €11,057 | +€14,893 | |
| Financial income | 75/76B | €3,553 | €3,349 | -€204 | -5.7% |
| Recurring financial income | 75 | €3,553 | €3,349 | -€204 | -5.7% |
| Financial charges | 65/66B | €4,258 | €3,604 | -€655 | -15.4% |
| Recurring financial charges | 65 | €4,258 | €3,604 | -€655 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,542 | €10,802 | +€15,344 | |
| Income taxes | 67/77 | - | €3,563 | +€3,563 | |
| Profit (loss) for the period | 9904 | -€4,542 | €7,239 | +€11,782 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,542 | €7,239 | +€11,782 |
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 15 October 2026 via checked.be.