ERLOW AGENCY: 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.
ERLOW AGENCY
Largest movements
- Cash -€7,137
down €7,137 (-71.5%), from €9,987 to €2,850
mainly Other debts (-€5,080) and Net result for the year (-€1,200)
- Receivables within one year +€167
up €167 (+4.3%), from €3,900 to €4,067
of which Other amounts receivable: +€4,067
- Other debts -€5,080
down €5,080 (-81.0%), from €6,271 to €1,191
- Profit (loss) carried forward -€1,200
down €1,200 (-21.7%), from €5,527 to €4,326
- Trade debts -€689
down €689 (-63.3%), from €1,089 to €400
- Gross operating margin -€5,090
down €5,090, from €5,069 to -€20
- Financial charges +€551
up €551 (+87.6%), from €629 to €1,180
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 | €13,887 | €6,917 | -€6,970 | -50.2% |
| Current assets | 29/58 | €13,887 | €6,917 | -€6,970 | -50.2% |
| Amounts receivable within one year | 40/41 | €3,900 | €4,067 | +€167 | +4.3% |
| Trade receivables | 40 | €3,900 | - | -€3,900 | |
| Other amounts receivable | 41 | - | €4,067 | +€4,067 | |
| Cash at bank and in hand | 54/58 | €9,987 | €2,850 | -€7,137 | -71.5% |
| Total equity and liabilities | 10/49 | €13,887 | €6,917 | -€6,970 | -50.2% |
| Equity | 10/15 | €6,527 | €5,326 | -€1,200 | -18.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,527 | €4,326 | -€1,200 | -21.7% |
| Amounts payable | 17/49 | €7,360 | €1,591 | -€5,769 | -78.4% |
| Amounts payable within one year | 42/48 | €7,360 | €1,591 | -€5,769 | -78.4% |
| Trade debts | 44 | €1,089 | €400 | -€689 | -63.3% |
| Suppliers | 440/4 | €1,089 | €400 | -€689 | -63.3% |
| Other amounts payable | 47/48 | €6,271 | €1,191 | -€5,080 | -81.0% |
| Gross operating margin | 9900 | €5,069 | -€20 | -€5,090 | |
| Operating profit (loss) | 9901 | €5,069 | -€20 | -€5,090 | |
| Financial charges | 65/66B | €629 | €1,180 | +€551 | +87.6% |
| Recurring financial charges | 65 | €629 | €1,180 | +€551 | +87.6% |
| Profit (loss) for the period before taxes | 9903 | €4,440 | -€1,200 | -€5,641 | |
| Profit (loss) for the period | 9904 | €4,440 | -€1,200 | -€5,641 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,440 | -€1,200 | -€5,641 |
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 15 October 2026 via checked.be.