ERKIN: 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.
ERKIN
Largest movements
- Receivables within one year -€15,638
down €15,638 (-46.6%), from €33,557 to €17,919
of which Trade receivables: -€9,578
- Cash -€1,967
down €1,967 (-90.1%), from €2,182 to €216
mainly Trade debts (-€12,802) and Net result for the year (-€5,844)
- Deferred charges and accrued income -€484
down €484 (-16.2%), from €2,987 to €2,503
- Trade debts -€12,802
down €12,802 (-72.6%), from €17,639 to €4,836
- Profit (loss) carried forward -€5,844
down €5,844 (-92.4%), from €6,325 to €481
- Gross operating margin -€7,492
down €7,492, from €2,194 to -€5,298
- Other operating charges -€984
down €984 (-89.1%), from €1,104 to €120
- Financial charges -€657
down €657 (-92.3%), from €712 to €55
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 | €39,486 | €21,208 | -€18,279 | -46.3% |
| Fixed assets | 21/28 | €760 | €570 | -€190 | -25.0% |
| Tangible fixed assets | 22/27 | €760 | €570 | -€190 | -25.0% |
| Other tangible fixed assets | 26 | €760 | €570 | -€190 | -25.0% |
| Current assets | 29/58 | €38,726 | €20,638 | -€18,089 | -46.7% |
| Amounts receivable within one year | 40/41 | €33,557 | €17,919 | -€15,638 | -46.6% |
| Trade receivables | 40 | €17,997 | €8,419 | -€9,578 | -53.2% |
| Other amounts receivable | 41 | €15,560 | €9,500 | -€6,059 | -38.9% |
| Cash at bank and in hand | 54/58 | €2,182 | €216 | -€1,967 | -90.1% |
| Deferred charges and accrued income | 490/1 | €2,987 | €2,503 | -€484 | -16.2% |
| Total equity and liabilities | 10/49 | €39,486 | €21,208 | -€18,279 | -46.3% |
| Equity | 10/15 | €21,245 | €15,401 | -€5,844 | -27.5% |
| Contributions | 10/11 | €13,700 | €13,700 | = | 0.0% |
| Reserves | 13 | €1,220 | €1,220 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,220 | €1,220 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,220 | €1,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,325 | €481 | -€5,844 | -92.4% |
| Amounts payable | 17/49 | €18,241 | €5,806 | -€12,435 | -68.2% |
| Amounts payable within one year | 42/48 | €18,241 | €5,806 | -€12,435 | -68.2% |
| Trade debts | 44 | €17,639 | €4,836 | -€12,802 | -72.6% |
| Suppliers | 440/4 | €17,639 | €4,836 | -€12,802 | -72.6% |
| Taxes, remuneration and social security | 45 | €603 | €970 | +€367 | +60.9% |
| Taxes | 450/3 | €603 | €970 | +€367 | +60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | €190 | = | 0.0% |
| Other operating charges | 640/8 | €1,104 | €120 | -€984 | -89.1% |
| Gross operating margin | 9900 | €2,194 | -€5,298 | -€7,492 | |
| Operating profit (loss) | 9901 | €900 | -€5,608 | -€6,508 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €712 | €55 | -€657 | -92.3% |
| Recurring financial charges | 65 | €712 | €55 | -€657 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €194 | -€5,663 | -€5,857 | |
| Income taxes | 67/77 | €159 | €181 | +€23 | +14.4% |
| Profit (loss) for the period | 9904 | €36 | -€5,844 | -€5,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €36 | -€5,844 | -€5,880 |
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 13 October 2026 via checked.be.