ERLI: 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.
ERLI
Largest movements
- Cash -€3,812
down €3,812 (-6.8%), from €55,893 to €52,081
mainly Receivables within one year (-€2,184) and Net result for the year (-€1,983)
- Receivables within one year +€2,184
up €2,184 (+60.4%), from €3,615 to €5,798
of which Trade receivables: +€3,082
- Deferred charges and accrued income -€980
no longer reported in 2025 (was €980)
- Profit (loss) carried forward -€1,983
down €1,983 (-25.3%), from -€7,846 to -€9,830
- Trade debts -€727
down €727 (-69.9%), from €1,041 to €313
- Gross operating margin +€9,047
up €9,047 (+80.5%), from -€11,239 to -€2,191
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 | €61,496 | €58,684 | -€2,813 | -4.6% |
| Current assets | 29/58 | €61,496 | €58,684 | -€2,813 | -4.6% |
| Stocks and contracts in progress | 3 | €1,009 | €804 | -€205 | -20.3% |
| Stocks | 30/36 | €1,009 | €804 | -€205 | -20.3% |
| Amounts receivable within one year | 40/41 | €3,615 | €5,798 | +€2,184 | +60.4% |
| Trade receivables | 40 | €1,415 | €4,498 | +€3,082 | +218% |
| Other amounts receivable | 41 | €2,199 | €1,301 | -€899 | -40.9% |
| Cash at bank and in hand | 54/58 | €55,893 | €52,081 | -€3,812 | -6.8% |
| Deferred charges and accrued income | 490/1 | €980 | - | -€980 | |
| Total equity and liabilities | 10/49 | €61,496 | €58,684 | -€2,813 | -4.6% |
| Equity | 10/15 | €60,354 | €58,370 | -€1,983 | -3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,846 | -€9,830 | -€1,983 | -25.3% |
| Amounts payable | 17/49 | €1,143 | €313 | -€829 | -72.6% |
| Amounts payable within one year | 42/48 | €1,143 | €313 | -€829 | -72.6% |
| Trade debts | 44 | €1,041 | €313 | -€727 | -69.9% |
| Suppliers | 440/4 | €1,041 | €313 | -€727 | -69.9% |
| Other amounts payable | 47/48 | €102 | - | -€102 | |
| Non-recurring operating income | 76A | €2,686 | - | -€2,686 | |
| Other operating charges | 640/8 | €391 | €400 | +€9 | +2.3% |
| Gross operating margin | 9900 | -€11,239 | -€2,191 | +€9,047 | +80.5% |
| Operating profit (loss) | 9901 | -€11,629 | -€2,591 | +€9,038 | +77.7% |
| Financial income | 75/76B | €567 | €608 | +€40 | +7.1% |
| Recurring financial income | 75 | €567 | €608 | +€40 | +7.1% |
| Financial charges | 65/66B | €86 | - | -€86 | |
| Recurring financial charges | 65 | €86 | - | -€86 | |
| Profit (loss) for the period before taxes | 9903 | -€11,148 | -€1,983 | +€9,165 | +82.2% |
| Profit (loss) for the period | 9904 | -€11,148 | -€1,983 | +€9,165 | +82.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,148 | -€1,983 | +€9,165 | +82.2% |
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 14 October 2026 via checked.be.