ERMITE: what changed
What changed
ERMITE
NACE 56.301, Cafés and bars
filed annual accounts (NBB)
Net result for the year
€1,004
2024 · -€11,762+€12,766
Equity
-€60,182
2024 · -€56,740-€3,443
Cash
€13,484
2024 · €14,815-€1,331
Balance sheet total
€109,264
2024 · €135,780-€26,516
Largest movements
Assets
- Tangible fixed assets -€27,127
down €27,127 (-25.6%), from €105,923 to €78,796
of which Other tangible fixed assets: -€26,215
- Deferred charges and accrued income +€1,782
up €1,782 (+48.3%), from €3,692 to €5,474
Equity and liabilities
- Debts after one year -€36,778
down €36,778 (-40.0%), from €91,936 to €55,158
- Trade debts +€18,311
up €18,311 (+57.5%), from €31,821 to €50,131
- Investment grants -€4,447
down €4,447 (-29.7%), from €14,950 to €10,503
- Accrued charges and deferred income -€1,830
no longer reported in 2025 (was €1,830)
- Tax, wage and social debts -€1,746
down €1,746 (-8.6%), from €20,396 to €18,649
of which Taxes: -€2,591
Income statement
- Staff costs -€6,173
down €6,173 (-3.2%), from €193,916 to €187,742
- Gross operating margin +€3,385
up €3,385 (+1.6%), from €218,354 to €221,739
- Financial charges -€2,875
down €2,875 (-29.8%), from €9,652 to €6,777
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€11,762
Gross operating margin
+€3,385
Staff costs
+€6,173
Depreciation
+€341
Other operating charges
+€59
Financial income
-€67
Financial charges
+€2,875
Result 2025
€1,004
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,821
Investment
-€1,380
Financing
-€40,772
Cash 2024
€14,815
From operations (derived)
+€40,821
Net result for the year
+€1,004
Depreciation
+€28,507
Stocks and contracts
-€19
Receivables within one year
-€141
Deferred charges and accrued income
-€1,782
Provisions
-€1,482
Trade debts
+€18,311
Tax, wage and social debts
-€1,746
Accrued charges and deferred income
-€1,830
Investment (derived)
-€1,380
Investment in fixed assets (net)
-€1,380
Financing
-€40,772
Debts after one year
-€36,778
Current portion of long-term debt
-€397
Short-term financial debts
+€850
Contributions, distributions and other
-€4,447
Cash 2025
€13,484
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,780 | €109,264 | -€26,516 | -19.5% |
| Fixed assets | 21/28 | €105,923 | €78,796 | -€27,127 | -25.6% |
| Tangible fixed assets | 22/27 | €105,923 | €78,796 | -€27,127 | -25.6% |
| Furniture and vehicles | 24 | €3,471 | €2,558 | -€913 | -26.3% |
| Other tangible fixed assets | 26 | €102,452 | €76,238 | -€26,215 | -25.6% |
| Current assets | 29/58 | €29,857 | €30,468 | +€611 | +2.0% |
| Stocks and contracts in progress | 3 | €10,740 | €10,759 | +€19 | +0.2% |
| Stocks | 30/36 | €10,740 | €10,759 | +€19 | +0.2% |
| Amounts receivable within one year | 40/41 | €610 | €751 | +€141 | +23.1% |
| Other amounts receivable | 41 | €610 | €751 | +€141 | +23.1% |
| Cash at bank and in hand | 54/58 | €14,815 | €13,484 | -€1,331 | -9.0% |
| Deferred charges and accrued income | 490/1 | €3,692 | €5,474 | +€1,782 | +48.3% |
| Total equity and liabilities | 10/49 | €135,780 | €109,264 | -€26,516 | -19.5% |
| Equity | 10/15 | -€56,740 | -€60,182 | -€3,443 | -6.1% |
| Contributions | 10/11 | €84,320 | €84,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,009 | -€155,005 | +€1,004 | +0.6% |
| Investment grants | 15 | €14,950 | €10,503 | -€4,447 | -29.7% |
| Provisions and deferred taxes | 16 | €4,983 | €3,501 | -€1,482 | -29.7% |
| Deferred taxes | 168 | €4,983 | €3,501 | -€1,482 | -29.7% |
| Amounts payable | 17/49 | €187,537 | €165,945 | -€21,591 | -11.5% |
| Amounts payable after more than one year | 17 | €91,936 | €55,158 | -€36,778 | -40.0% |
| Financial debts | 170/4 | €91,936 | €55,158 | -€36,778 | -40.0% |
| Amounts payable within one year | 42/48 | €93,770 | €110,787 | +€17,017 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €38,116 | €37,719 | -€397 | -1.0% |
| Financial debts | 43 | €3,438 | €4,288 | +€850 | +24.7% |
| Credit institutions | 430/8 | €3,438 | €4,288 | +€850 | +24.7% |
| Trade debts | 44 | €31,821 | €50,131 | +€18,311 | +57.5% |
| Suppliers | 440/4 | €31,821 | €50,131 | +€18,311 | +57.5% |
| Taxes, remuneration and social security | 45 | €20,396 | €18,649 | -€1,746 | -8.6% |
| Taxes | 450/3 | €12,303 | €9,711 | -€2,591 | -21.1% |
| Remuneration and social security | 454/9 | €8,093 | €8,938 | +€845 | +10.4% |
| Accrued charges and deferred income | 492/3 | €1,830 | - | -€1,830 | |
| Remuneration, social security and pensions | 62 | €193,916 | €187,742 | -€6,173 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,849 | €28,507 | -€341 | -1.2% |
| Other operating charges | 640/8 | €3,696 | €3,637 | -€59 | -1.6% |
| Gross operating margin | 9900 | €218,354 | €221,739 | +€3,385 | +1.6% |
| Operating profit (loss) | 9901 | -€8,106 | €1,852 | +€9,958 | |
| Financial income | 75/76B | €5,997 | €5,930 | -€67 | -1.1% |
| Recurring financial income | 75 | €5,997 | €5,930 | -€67 | -1.1% |
| Financial charges | 65/66B | €9,652 | €6,777 | -€2,875 | -29.8% |
| Recurring financial charges | 65 | €9,652 | €6,777 | -€2,875 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,762 | €1,004 | +€12,766 | |
| Profit (loss) for the period | 9904 | -€11,762 | €1,004 | +€12,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,762 | €1,004 | +€12,766 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.