ERKA: what changed
Two fiscal 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
- Cash -€12,662
down €12,662 (-79.7%), from €15,883 to €3,220
mainly Net result for the year (-€8,771) and Investment in fixed assets (net) (-€5,511)
- Receivables within one year +€5,176
up €5,176 (+121.7%), from €4,254 to €9,430
of which Trade receivables: +€5,163
- Tangible fixed assets +€3,596
up €3,596 (+36.4%), from €9,868 to €13,464
of which Furniture and vehicles: +€4,599
- Stocks and contracts +€1,800
up €1,800 (+6.8%), from €26,500 to €28,300
of which Contracts in progress: +€1,200
- Deferred charges and accrued income +€1,689
up €1,689 (+10162.6%), from €17 to €1,706
- Profit (loss) carried forward -€8,771
down €8,771 (-290.8%), from -€3,016 to -€11,787
- Other debts +€5,588
up €5,588 (+13.1%), from €42,612 to €48,200
- Trade debts +€2,651
up €2,651 (+28.7%), from €9,234 to €11,885
- Gross operating margin +€10,098
up €10,098 (+74.0%), from -€13,647 to -€3,549
- Financial income -€203
down €203 (-96.9%), from €209 to €6
- Other operating charges -€157
down €157 (-10.5%), from €1,492 to €1,336
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.
Cash bridge derived
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 | €56,522 | €56,120 | -€402 | -0.7% |
| Fixed assets | 21/28 | €9,868 | €13,464 | +€3,596 | +36.4% |
| Tangible fixed assets | 22/27 | €9,868 | €13,464 | +€3,596 | +36.4% |
| Land and buildings | 22 | €5,257 | €4,779 | -€478 | -9.1% |
| Plant, machinery and equipment | 23 | €2,191 | €1,666 | -€525 | -24.0% |
| Furniture and vehicles | 24 | €2,420 | €7,019 | +€4,599 | +190.0% |
| Current assets | 29/58 | €46,653 | €42,656 | -€3,997 | -8.6% |
| Stocks and contracts in progress | 3 | €26,500 | €28,300 | +€1,800 | +6.8% |
| Stocks | 30/36 | €20,500 | €21,100 | +€600 | +2.9% |
| Contracts in progress | 37 | €6,000 | €7,200 | +€1,200 | +20.0% |
| Amounts receivable within one year | 40/41 | €4,254 | €9,430 | +€5,176 | +121.7% |
| Trade receivables | 40 | €2,414 | €7,576 | +€5,163 | +213.9% |
| Other amounts receivable | 41 | €1,840 | €1,854 | +€13 | +0.7% |
| Cash at bank and in hand | 54/58 | €15,883 | €3,220 | -€12,662 | -79.7% |
| Deferred charges and accrued income | 490/1 | €17 | €1,706 | +€1,689 | +10162.6% |
| Total equity and liabilities | 10/49 | €56,522 | €56,120 | -€402 | -0.7% |
| Equity | 10/15 | €4,650 | -€4,121 | -€8,771 | |
| Contributions | 10/11 | €4,214 | €4,214 | = | 0.0% |
| Reserves | 13 | €3,452 | €3,452 | = | 0.0% |
| Distributable reserves | 133 | €3,452 | €3,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,016 | -€11,787 | -€8,771 | -290.8% |
| Amounts payable | 17/49 | €51,871 | €60,241 | +€8,370 | +16.1% |
| Amounts payable within one year | 42/48 | €51,871 | €60,205 | +€8,334 | +16.1% |
| Trade debts | 44 | €9,234 | €11,885 | +€2,651 | +28.7% |
| Suppliers | 440/4 | €9,234 | €11,885 | +€2,651 | +28.7% |
| Taxes, remuneration and social security | 45 | €25 | €120 | +€95 | +373.4% |
| Taxes | 450/3 | €25 | €120 | +€95 | +373.4% |
| Other amounts payable | 47/48 | €42,612 | €48,200 | +€5,588 | +13.1% |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,037 | €1,916 | -€121 | -5.9% |
| Other operating charges | 640/8 | €1,492 | €1,336 | -€157 | -10.5% |
| Gross operating margin | 9900 | -€13,647 | -€3,549 | +€10,098 | +74.0% |
| Operating profit (loss) | 9901 | -€17,176 | -€6,801 | +€10,375 | +60.4% |
| Financial income | 75/76B | €209 | €6 | -€203 | -96.9% |
| Recurring financial income | 75 | €209 | €6 | -€203 | -96.9% |
| Financial charges | 65/66B | €1,792 | €1,857 | +€66 | +3.7% |
| Recurring financial charges | 65 | €1,792 | €1,857 | +€66 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,758 | -€8,651 | +€10,107 | +53.9% |
| Income taxes | 67/77 | €51 | €120 | +€69 | +137.3% |
| Profit (loss) for the period | 9904 | -€18,809 | -€8,771 | +€10,037 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,809 | -€8,771 | +€10,037 | +53.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.