ERLYFAN: 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.
ERLYFAN
Largest movements
- Tangible fixed assets -€8,181
down €8,181 (-2.5%), from €326,671 to €318,490
- Cash +€4,505
up €4,505 (+14.9%), from €30,185 to €34,690
mainly Net result for the year (+€30,451) and Depreciation (+€8,181)
- Other debts -€35,000
down €35,000 (-31.7%), from €110,556 to €75,556
- Reserves +€30,451
up €30,451 (+12.3%), from €247,107 to €277,558
- Gross operating margin +€4,667
up €4,667 (+8.5%), from €54,773 to €59,440
- Financial income -€3,398
down €3,398 (-100%), from €3,398 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,671 | €354,122 | -€4,549 | -1.3% |
| Fixed assets | 21/28 | €326,672 | €318,491 | -€8,181 | -2.5% |
| Tangible fixed assets | 22/27 | €326,671 | €318,490 | -€8,181 | -2.5% |
| Land and buildings | 22 | €326,671 | €318,490 | -€8,181 | -2.5% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €31,999 | €35,631 | +€3,632 | +11.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,695 | €790 | -€905 | -53.4% |
| Other amounts receivable | 41 | €1,695 | €790 | -€905 | -53.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €30,185 | €34,690 | +€4,505 | +14.9% |
| Deferred charges and accrued income | 490/1 | €119 | €152 | +€32 | +27.3% |
| Total equity and liabilities | 10/49 | €358,671 | €354,122 | -€4,549 | -1.3% |
| Equity | 10/15 | €248,115 | €278,566 | +€30,451 | +12.3% |
| Contributions | 10/11 | €1,008 | €1,008 | = | 0.0% |
| Reserves | 13 | €247,107 | €277,558 | +€30,451 | +12.3% |
| Distributable reserves | 133 | €247,107 | €277,558 | +€30,451 | +12.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €110,556 | €75,556 | -€35,000 | -31.7% |
| Amounts payable within one year | 42/48 | €110,556 | €75,556 | -€35,000 | -31.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €110,556 | €75,556 | -€35,000 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,181 | €8,181 | = | 0.0% |
| Other operating charges | 640/8 | €6,189 | €6,374 | +€185 | +3.0% |
| Gross operating margin | 9900 | €54,773 | €59,440 | +€4,667 | +8.5% |
| Operating profit (loss) | 9901 | €40,403 | €44,885 | +€4,482 | +11.1% |
| Financial income | 75/76B | €3,398 | €0 | -€3,398 | -100% |
| Recurring financial income | 75 | €3,398 | €0 | -€3,398 | -100% |
| Financial charges | 65/66B | €238 | €224 | -€14 | -6.0% |
| Recurring financial charges | 65 | €238 | €224 | -€14 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €43,562 | €44,661 | +€1,099 | +2.5% |
| Income taxes | 67/77 | €13,861 | €14,210 | +€350 | +2.5% |
| Profit (loss) for the period | 9904 | €29,702 | €30,451 | +€749 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,702 | €30,451 | +€749 | +2.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.