ERKO Technieken: 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.
What changed
ERKO Technieken
NACE 43.221, Plumbing work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€53,113
2024 · €84,112-€30,999
Equity
€444,248
2024 · €455,428-€11,180
Cash
€1,320
2024 · €2,452-€1,133
Balance sheet total
€1.1m
2024 · €1.2m-€26,929
Largest movements
Assets
- Receivables within one year -€34,582
down €34,582 (-51.0%), from €67,761 to €33,179
of which Trade receivables: -€17,583
Equity and liabilities
- Debts after one year +€44,173
up €44,173 (+11.0%), from €401,758 to €445,931
- Trade debts -€29,690
down €29,690 (-34.5%), from €86,132 to €56,443
- Other debts -€19,402
down €19,402 (-22.8%), from €85,102 to €65,700
- Tax, wage and social debts -€14,798
down €14,798 (-14.1%), from €105,214 to €90,415
of which Taxes: -€14,125
Income statement
- Taxes -€41,623
down €41,623 (-59.0%), from €70,562 to €28,939
- Gross operating margin -€36,288
down €36,288 (-20.3%), from €178,927 to €142,639
- Financial charges +€21,917
up €21,917 (+164%), from €13,385 to €35,302
- Other operating charges -€21,235
down €21,235 (-86.3%), from €24,600 to €3,365
- Staff costs +€15,445
up €15,445 (+128%), from €12,021 to €27,466
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.
Result 2024
€84,112
Gross operating margin
-€36,288
Staff costs
-€15,445
Depreciation
-€11,710
Other operating charges
+€21,235
Financial income
-€8,497
Financial charges
-€21,917
Taxes
+€41,623
Result 2025
€53,113
raises the resultlowers the result
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.
From operations
+€50,852
Investment
-€35,833
Financing
-€16,152
Cash 2024
€2,452
From operations (derived)
+€50,852
Net result for the year
+€53,113
Depreciation
+€27,982
Receivables after one year
-€5,465
Receivables within one year
+€34,582
Deferred charges and accrued income
+€4,530
Trade debts
-€29,690
Tax, wage and social debts
-€14,798
Other debts
-€19,402
Investment (derived)
-€35,833
Investment in fixed assets (net)
-€35,833
Financing
-€16,152
Debts after one year
+€44,173
Current portion of long-term debt
+€3,940
Short-term financial debts
+€29
Contributions, distributions and other
-€64,293
Cash 2025
€1,320
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,153,697 | €1,126,768 | -€26,929 | -2.3% |
| Fixed assets | 21/28 | €551,804 | €559,654 | +€7,850 | +1.4% |
| Tangible fixed assets | 22/27 | €551,203 | €559,053 | +€7,850 | +1.4% |
| Land and buildings | 22 | €515,647 | €526,021 | +€10,375 | +2.0% |
| Plant, machinery and equipment | 23 | €3,264 | €3,843 | +€579 | +17.7% |
| Furniture and vehicles | 24 | €25,230 | €23,594 | -€1,637 | -6.5% |
| Other tangible fixed assets | 26 | €7,062 | €5,596 | -€1,466 | -20.8% |
| Financial fixed assets | 28 | €601 | €601 | = | 0.0% |
| Current assets | 29/58 | €601,893 | €567,114 | -€34,780 | -5.8% |
| Amounts receivable after more than one year | 29 | €496,994 | €502,459 | +€5,465 | +1.1% |
| Other amounts receivable | 291 | €496,994 | €502,459 | +€5,465 | +1.1% |
| Amounts receivable within one year | 40/41 | €67,761 | €33,179 | -€34,582 | -51.0% |
| Trade receivables | 40 | €50,651 | €33,068 | -€17,583 | -34.7% |
| Other amounts receivable | 41 | €17,110 | €111 | -€16,999 | -99.4% |
| Cash at bank and in hand | 54/58 | €2,452 | €1,320 | -€1,133 | -46.2% |
| Deferred charges and accrued income | 490/1 | €34,686 | €30,156 | -€4,530 | -13.1% |
| Total equity and liabilities | 10/49 | €1,153,697 | €1,126,768 | -€26,929 | -2.3% |
| Equity | 10/15 | €455,428 | €444,248 | -€11,180 | -2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €424,687 | €413,506 | -€11,180 | -2.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €424,687 | €413,506 | -€11,180 | -2.6% |
| Profit (loss) carried forward | 14 | €24,541 | €24,541 | = | 0.0% |
| Amounts payable | 17/49 | €698,269 | €682,520 | -€15,749 | -2.3% |
| Amounts payable after more than one year | 17 | €401,758 | €445,931 | +€44,173 | +11.0% |
| Financial debts | 170/4 | €401,758 | €445,931 | +€44,173 | +11.0% |
| Amounts payable within one year | 42/48 | €296,511 | €236,590 | -€59,922 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €15,285 | €19,224 | +€3,940 | +25.8% |
| Financial debts | 43 | €4,778 | €4,807 | +€29 | +0.6% |
| Credit institutions | 430/8 | €4,778 | €4,807 | +€29 | +0.6% |
| Trade debts | 44 | €86,132 | €56,443 | -€29,690 | -34.5% |
| Suppliers | 440/4 | €86,132 | €56,443 | -€29,690 | -34.5% |
| Taxes, remuneration and social security | 45 | €105,214 | €90,415 | -€14,798 | -14.1% |
| Taxes | 450/3 | €104,242 | €90,117 | -€14,125 | -13.5% |
| Remuneration and social security | 454/9 | €972 | €298 | -€674 | -69.3% |
| Other amounts payable | 47/48 | €85,102 | €65,700 | -€19,402 | -22.8% |
| Remuneration, social security and pensions | 62 | €12,021 | €27,466 | +€15,445 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,272 | €27,982 | +€11,710 | +72.0% |
| Other operating charges | 640/8 | €24,600 | €3,365 | -€21,235 | -86.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €178,927 | €142,639 | -€36,288 | -20.3% |
| Operating profit (loss) | 9901 | €126,033 | €83,826 | -€42,208 | -33.5% |
| Financial income | 75/76B | €42,025 | €33,528 | -€8,497 | -20.2% |
| Recurring financial income | 75 | €42,025 | €33,528 | -€8,497 | -20.2% |
| Financial charges | 65/66B | €13,385 | €35,302 | +€21,917 | +164% |
| Recurring financial charges | 65 | €13,385 | €35,302 | +€21,917 | +164% |
| Profit (loss) for the period before taxes | 9903 | €154,674 | €82,052 | -€72,622 | -47.0% |
| Income taxes | 67/77 | €70,562 | €28,939 | -€41,623 | -59.0% |
| Profit (loss) for the period | 9904 | €84,112 | €53,113 | -€30,999 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,112 | €53,113 | -€30,999 | -36.9% |
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 25 October 2026 via checked.be.