ERKO CONSTRUCT: 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.
ERKO CONSTRUCT
Largest movements
- Receivables within one year +€229,811
up €229,811 (+96.8%), from €237,466 to €467,277
of which Trade receivables: +€229,499
- Cash +€22,270
up €22,270 (+15.4%), from €144,979 to €167,249
mainly Net result for the year (+€262,168) and Trade debts (+€168,667)
- Tangible fixed assets +€21,938
up €21,938 (+11.0%), from €199,242 to €221,180
of which Furniture and vehicles: +€52,509
- Trade debts +€168,667
up €168,667 (+165.9%), from €101,690 to €270,357
- Tax, wage and social debts +€48,503
up €48,503 (+90.2%), from €53,801 to €102,304
of which Taxes: +€45,914
- Debts after one year +€25,458
up €25,458 (+42.1%), from €60,494 to €85,952
- Profit (loss) carried forward +€22,168
up €22,168 (+58.9%), from €37,611 to €59,779
- Gross operating margin +€168,944
up €168,944 (+50.6%), from €333,792 to €502,736
- Taxes +€37,165
up €37,165 (+65.9%), from €56,410 to €93,575
- Staff costs +€27,318
up €27,318 (+54.4%), from €50,238 to €77,556
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 | €581,687 | €855,706 | +€274,019 | +47.1% |
| Fixed assets | 21/28 | €199,242 | €221,180 | +€21,938 | +11.0% |
| Tangible fixed assets | 22/27 | €199,242 | €221,180 | +€21,938 | +11.0% |
| Land and buildings | 22 | €32,744 | €26,531 | -€6,213 | -19.0% |
| Plant, machinery and equipment | 23 | €65,304 | €40,946 | -€24,358 | -37.3% |
| Furniture and vehicles | 24 | €101,194 | €153,703 | +€52,509 | +51.9% |
| Current assets | 29/58 | €382,445 | €634,526 | +€252,081 | +65.9% |
| Amounts receivable within one year | 40/41 | €237,466 | €467,277 | +€229,811 | +96.8% |
| Trade receivables | 40 | €236,758 | €466,257 | +€229,499 | +96.9% |
| Other amounts receivable | 41 | €708 | €1,020 | +€312 | +44.1% |
| Cash at bank and in hand | 54/58 | €144,979 | €167,249 | +€22,270 | +15.4% |
| Total equity and liabilities | 10/49 | €581,687 | €855,706 | +€274,019 | +47.1% |
| Equity | 10/15 | €138,071 | €160,239 | +€22,168 | +16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,860 | €81,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,611 | €59,779 | +€22,168 | +58.9% |
| Amounts payable | 17/49 | €443,616 | €695,467 | +€251,851 | +56.8% |
| Amounts payable after more than one year | 17 | €60,494 | €85,952 | +€25,458 | +42.1% |
| Financial debts | 170/4 | €60,494 | €85,952 | +€25,458 | +42.1% |
| Amounts payable within one year | 42/48 | €383,122 | €609,515 | +€226,393 | +59.1% |
| Current portion of amounts payable after more than one year | 42 | €26,854 | €32,854 | +€6,000 | +22.3% |
| Trade debts | 44 | €101,690 | €270,357 | +€168,667 | +165.9% |
| Suppliers | 440/4 | €101,690 | €270,357 | +€168,667 | +165.9% |
| Taxes, remuneration and social security | 45 | €53,801 | €102,304 | +€48,503 | +90.2% |
| Taxes | 450/3 | €40,777 | €86,691 | +€45,914 | +112.6% |
| Remuneration and social security | 454/9 | €13,024 | €15,613 | +€2,589 | +19.9% |
| Other amounts payable | 47/48 | €200,777 | €204,000 | +€3,223 | +1.6% |
| Remuneration, social security and pensions | 62 | €50,238 | €77,556 | +€27,318 | +54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,187 | €63,562 | -€625 | -1.0% |
| Other operating charges | 640/8 | €141 | €144 | +€3 | +2.1% |
| Gross operating margin | 9900 | €333,792 | €502,736 | +€168,944 | +50.6% |
| Operating profit (loss) | 9901 | €219,226 | €361,474 | +€142,248 | +64.9% |
| Financial income | 75/76B | €1,295 | €146 | -€1,149 | -88.7% |
| Recurring financial income | 75 | €1,295 | €146 | -€1,149 | -88.7% |
| Financial charges | 65/66B | €2,691 | €5,877 | +€3,186 | +118.4% |
| Recurring financial charges | 65 | €2,691 | €5,877 | +€3,186 | +118.4% |
| Profit (loss) for the period before taxes | 9903 | €217,830 | €355,743 | +€137,913 | +63.3% |
| Income taxes | 67/77 | €56,410 | €93,575 | +€37,165 | +65.9% |
| Profit (loss) for the period | 9904 | €161,420 | €262,168 | +€100,748 | +62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €161,420 | €262,168 | +€100,748 | +62.4% |
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 6 October 2026 via checked.be.