Erlich: 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.
Erlich
Largest movements
- Tangible fixed assets +€286,993
up €286,993 (+6832.7%), from €4,200 to €291,193
of which Land and buildings: +€285,787
- Receivables within one year -€100,950
down €100,950 (-95.5%), from €105,691 to €4,741
of which Other amounts receivable: -€102,965
- Cash +€41,577
up €41,577 (+197.4%), from €21,064 to €62,641
mainly Debts after one year (+€275,504) and Receivables within one year (+€100,950)
- Debts after one year +€275,504
new in 2025: €275,504
- Profit (loss) carried forward -€71,571
down €71,571 (-76.8%), from €93,224 to €21,654
- Tax, wage and social debts +€11,362
up €11,362 (+39.9%), from €28,460 to €39,821
of which Taxes: +€11,344
- Current portion of long-term debt +€10,617
new in 2025: €10,617
- Other operating charges +€42,847
up €42,847 (+1176.6%), from €3,642 to €46,489
- Gross operating margin +€24,004
up €24,004 (+43.5%), from €55,216 to €79,219
- Depreciation +€8,057
up €8,057 (+632.1%), from €1,275 to €9,331
- Financial charges +€7,111
up €7,111 (+2945.2%), from €241 to €7,353
- Taxes -€6,269
down €6,269 (-54.6%), from €11,477 to €5,208
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 | €132,130 | €358,575 | +€226,445 | +171.4% |
| Fixed assets | 21/28 | €4,200 | €291,193 | +€286,993 | +6832.7% |
| Tangible fixed assets | 22/27 | €4,200 | €291,193 | +€286,993 | +6832.7% |
| Land and buildings | 22 | - | €285,787 | +€285,787 | |
| Furniture and vehicles | 24 | €4,200 | €5,406 | +€1,206 | +28.7% |
| Current assets | 29/58 | €127,929 | €67,382 | -€60,547 | -47.3% |
| Amounts receivable within one year | 40/41 | €105,691 | €4,741 | -€100,950 | -95.5% |
| Trade receivables | 40 | €2,725 | €4,741 | +€2,016 | +74.0% |
| Other amounts receivable | 41 | €102,965 | - | -€102,965 | |
| Cash at bank and in hand | 54/58 | €21,064 | €62,641 | +€41,577 | +197.4% |
| Deferred charges and accrued income | 490/1 | €1,174 | - | -€1,174 | |
| Total equity and liabilities | 10/49 | €132,130 | €358,575 | +€226,445 | +171.4% |
| Equity | 10/15 | €96,224 | €24,654 | -€71,571 | -74.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,224 | €21,654 | -€71,571 | -76.8% |
| Amounts payable | 17/49 | €35,905 | €333,921 | +€298,016 | +830.0% |
| Amounts payable after more than one year | 17 | - | €275,504 | +€275,504 | |
| Financial debts | 170/4 | - | €275,504 | +€275,504 | |
| Amounts payable within one year | 42/48 | €35,905 | €58,417 | +€22,512 | +62.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,617 | +€10,617 | |
| Trade debts | 44 | €7,446 | €7,603 | +€157 | +2.1% |
| Suppliers | 440/4 | €7,446 | €7,603 | +€157 | +2.1% |
| Taxes, remuneration and social security | 45 | €28,460 | €39,821 | +€11,362 | +39.9% |
| Taxes | 450/3 | €25,545 | €36,889 | +€11,344 | +44.4% |
| Remuneration and social security | 454/9 | €2,914 | €2,932 | +€18 | +0.6% |
| Other amounts payable | 47/48 | - | €376 | +€376 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,275 | €9,331 | +€8,057 | +632.1% |
| Other operating charges | 640/8 | €3,642 | €46,489 | +€42,847 | +1176.6% |
| Gross operating margin | 9900 | €55,216 | €79,219 | +€24,004 | +43.5% |
| Operating profit (loss) | 9901 | €50,299 | €23,399 | -€26,900 | -53.5% |
| Financial income | 75/76B | €2,560 | €1,540 | -€1,020 | -39.8% |
| Recurring financial income | 75 | €2,560 | €1,540 | -€1,020 | -39.8% |
| Financial charges | 65/66B | €241 | €7,353 | +€7,111 | +2945.2% |
| Recurring financial charges | 65 | €241 | €7,353 | +€7,111 | +2945.2% |
| Profit (loss) for the period before taxes | 9903 | €52,618 | €17,587 | -€35,031 | -66.6% |
| Income taxes | 67/77 | €11,477 | €5,208 | -€6,269 | -54.6% |
| Profit (loss) for the period | 9904 | €41,141 | €12,379 | -€28,762 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,141 | €12,379 | -€28,762 | -69.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.