Ermus Immo-Bouwconcept: 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.
Ermus Immo-Bouwconcept
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€43,755
down €43,755 (-195%), from -€22,452 to -€66,207
- Other debts +€42,619
up €42,619 (+9.7%), from €441,392 to €484,011
- Debts after one year -€30,343
down €30,343 (-15.1%), from €201,004 to €170,662
- Trade debts +€27,024
up €27,024 (+8,322%), from €325 to €27,349
- Other operating charges +€35,026
up €35,026 (+373%), from €9,388 to €44,414
- Gross operating margin -€9,415
down €9,415 (-41.7%), from €22,580 to €13,164
- Financial charges +€3,520
up €3,520 (+39.2%), from €8,985 to €12,505
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 | €669,382 | €669,390 | +€8 | 0.0% |
| Current assets | 29/58 | €669,382 | €669,390 | +€8 | 0.0% |
| Stocks and contracts in progress | 3 | €650,923 | €650,923 | = | 0.0% |
| Stocks | 30/36 | €650,923 | €650,923 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €459 | €467 | +€8 | +1.8% |
| Deferred charges and accrued income | 490/1 | €18,000 | €18,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €669,382 | €669,390 | +€8 | 0.0% |
| Equity | 10/15 | -€3,025 | -€46,780 | -€43,755 | -1,446% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €827 | €827 | = | 0.0% |
| Distributable reserves | 133 | €827 | €827 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,452 | -€66,207 | -€43,755 | -195% |
| Amounts payable | 17/49 | €672,407 | €716,170 | +€43,763 | +6.5% |
| Amounts payable after more than one year | 17 | €201,004 | €170,662 | -€30,343 | -15.1% |
| Financial debts | 170/4 | €201,004 | €170,662 | -€30,343 | -15.1% |
| Amounts payable within one year | 42/48 | €471,403 | €541,703 | +€70,300 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €29,686 | €30,343 | +€657 | +2.2% |
| Trade debts | 44 | €325 | €27,349 | +€27,024 | +8,322% |
| Suppliers | 440/4 | €325 | €27,349 | +€27,024 | +8,322% |
| Other amounts payable | 47/48 | €441,392 | €484,011 | +€42,619 | +9.7% |
| Accrued charges and deferred income | 492/3 | - | €3,806 | +€3,806 | |
| Other operating charges | 640/8 | €9,388 | €44,414 | +€35,026 | +373% |
| Gross operating margin | 9900 | €22,580 | €13,164 | -€9,415 | -41.7% |
| Operating profit (loss) | 9901 | €13,191 | -€31,250 | -€44,441 | |
| Financial charges | 65/66B | €8,985 | €12,505 | +€3,520 | +39.2% |
| Recurring financial charges | 65 | €8,985 | €12,505 | +€3,520 | +39.2% |
| Profit (loss) for the period before taxes | 9903 | €4,206 | -€43,755 | -€47,961 | |
| Profit (loss) for the period | 9904 | €4,206 | -€43,755 | -€47,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,206 | -€43,755 | -€47,961 |
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 25 October 2026 via checked.be.