ERKENS: 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.
ERKENS
Largest movements
- Receivables within one year -€46,925
down €46,925 (-50.6%), from €92,735 to €45,811
of which Other amounts receivable: -€23,870
- Cash +€29,628
up €29,628 (+322.2%), from €9,196 to €38,824
mainly Receivables within one year (+€46,925) and Net result for the year (+€16,753)
- Other debts -€32,298
down €32,298 (-73.1%), from €44,195 to €11,896
- Reserves +€15,894
up €15,894 (+59.0%), from €26,952 to €42,845
of which Distributable reserves: +€15,894
- Tax, wage and social debts -€3,137
down €3,137 (-29.9%), from €10,489 to €7,351
- Trade debts +€1,663
up €1,663 (+11.4%), from €14,643 to €16,306
- Gross operating margin +€10,331
up €10,331 (+67.6%), from €15,274 to €25,605
- Financial income -€2,152
down €2,152 (-75.2%), from €2,863 to €712
- Taxes +€2,011
up €2,011 (+44.5%), from €4,520 to €6,530
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 | €108,678 | €90,799 | -€17,879 | -16.5% |
| Fixed assets | 21/28 | €4,930 | €4,665 | -€265 | -5.4% |
| Tangible fixed assets | 22/27 | €4,930 | €4,665 | -€265 | -5.4% |
| Plant, machinery and equipment | 23 | €2,563 | €1,845 | -€718 | -28.0% |
| Furniture and vehicles | 24 | €1,938 | €2,462 | +€524 | +27.1% |
| Other tangible fixed assets | 26 | €429 | €358 | -€72 | -16.7% |
| Current assets | 29/58 | €103,748 | €86,134 | -€17,614 | -17.0% |
| Amounts receivable within one year | 40/41 | €92,735 | €45,811 | -€46,925 | -50.6% |
| Trade receivables | 40 | €66,195 | €43,140 | -€23,055 | -34.8% |
| Other amounts receivable | 41 | €26,541 | €2,671 | -€23,870 | -89.9% |
| Cash at bank and in hand | 54/58 | €9,196 | €38,824 | +€29,628 | +322.2% |
| Deferred charges and accrued income | 490/1 | €1,817 | €1,500 | -€317 | -17.5% |
| Total equity and liabilities | 10/49 | €108,678 | €90,799 | -€17,879 | -16.5% |
| Equity | 10/15 | €39,352 | €55,245 | +€15,894 | +40.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €26,952 | €42,845 | +€15,894 | +59.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,500 | €14,500 | = | 0.0% |
| Distributable reserves | 133 | €10,592 | €26,485 | +€15,894 | +150.1% |
| Amounts payable | 17/49 | €69,326 | €35,554 | -€33,773 | -48.7% |
| Amounts payable within one year | 42/48 | €69,326 | €35,554 | -€33,773 | -48.7% |
| Trade debts | 44 | €14,643 | €16,306 | +€1,663 | +11.4% |
| Suppliers | 440/4 | €14,643 | €16,306 | +€1,663 | +11.4% |
| Taxes, remuneration and social security | 45 | €10,489 | €7,351 | -€3,137 | -29.9% |
| Taxes | 450/3 | €10,489 | €7,351 | -€3,137 | -29.9% |
| Other amounts payable | 47/48 | €44,195 | €11,896 | -€32,298 | -73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,662 | €1,773 | +€111 | +6.7% |
| Other operating charges | 640/8 | €891 | €877 | -€14 | -1.6% |
| Gross operating margin | 9900 | €15,274 | €25,605 | +€10,331 | +67.6% |
| Operating profit (loss) | 9901 | €12,721 | €22,955 | +€10,234 | +80.5% |
| Financial income | 75/76B | €2,863 | €712 | -€2,152 | -75.2% |
| Recurring financial income | 75 | €2,863 | €712 | -€2,152 | -75.2% |
| Financial charges | 65/66B | €473 | €384 | -€89 | -18.9% |
| Recurring financial charges | 65 | €473 | €384 | -€89 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €15,111 | €23,283 | +€8,172 | +54.1% |
| Income taxes | 67/77 | €4,520 | €6,530 | +€2,011 | +44.5% |
| Profit (loss) for the period | 9904 | €10,592 | €16,753 | +€6,161 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,592 | €16,753 | +€6,161 | +58.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.