ERO CONSULTING: 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.
ERO CONSULTING
Largest movements
- Receivables within one year -€13,643
down €13,643 (-13.4%), from €101,674 to €88,032
of which Trade receivables: -€23,887
- Tangible fixed assets +€6,516
up €6,516 (+59.1%), from €11,032 to €17,548
of which Plant, machinery and equipment: +€5,830
- Current investments -€3,499
down €3,499 (-87.5%), from €4,001 to €502
- Trade debts -€22,556
no longer reported in 2025 (was €22,556)
- Reserves +€13,430
up €13,430 (+20.7%), from €64,861 to €78,291
- Current portion of long-term debt -€1,935
down €1,935 (-12.1%), from €15,935 to €14,000
- Gross operating margin -€33,365
down €33,365 (-57.6%), from €57,943 to €24,578
- Taxes -€9,742
down €9,742 (-61.5%), from €15,844 to €6,101
- Depreciation -€5,652
down €5,652 (-56.3%), from €10,037 to €4,385
- Staff costs -€1,950
no longer reported in 2025 (was €1,950)
- Financial charges -€1,259
down €1,259 (-79.3%), from €1,587 to €328
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 | €120,617 | €109,220 | -€11,397 | -9.4% |
| Fixed assets | 21/28 | €11,032 | €17,548 | +€6,516 | +59.1% |
| Tangible fixed assets | 22/27 | €11,032 | €17,548 | +€6,516 | +59.1% |
| Plant, machinery and equipment | 23 | €9,105 | €14,935 | +€5,830 | +64.0% |
| Furniture and vehicles | 24 | €1,927 | €2,612 | +€686 | +35.6% |
| Current assets | 29/58 | €109,586 | €91,672 | -€17,913 | -16.3% |
| Amounts receivable within one year | 40/41 | €101,674 | €88,032 | -€13,643 | -13.4% |
| Trade receivables | 40 | €57,767 | €33,880 | -€23,887 | -41.4% |
| Other amounts receivable | 41 | €43,907 | €54,151 | +€10,244 | +23.3% |
| Current investments | 50/53 | €4,001 | €502 | -€3,499 | -87.5% |
| Cash at bank and in hand | 54/58 | €3,910 | €3,139 | -€771 | -19.7% |
| Total equity and liabilities | 10/49 | €120,617 | €109,220 | -€11,397 | -9.4% |
| Equity | 10/15 | €67,363 | €80,794 | +€13,430 | +19.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €64,861 | €78,291 | +€13,430 | +20.7% |
| Distributable reserves | 133 | €64,861 | €78,291 | +€13,430 | +20.7% |
| Profit (loss) carried forward | 14 | €2 | €2 | = | 0.0% |
| Amounts payable | 17/49 | €53,254 | €28,426 | -€24,828 | -46.6% |
| Amounts payable within one year | 42/48 | €53,254 | €28,426 | -€24,828 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €15,935 | €14,000 | -€1,935 | -12.1% |
| Trade debts | 44 | €22,556 | - | -€22,556 | |
| Suppliers | 440/4 | €22,556 | - | -€22,556 | |
| Taxes, remuneration and social security | 45 | €14,763 | €14,426 | -€337 | -2.3% |
| Taxes | 450/3 | €14,763 | €11,580 | -€3,183 | -21.6% |
| Remuneration and social security | 454/9 | - | €2,846 | +€2,846 | |
| Remuneration, social security and pensions | 62 | €1,950 | - | -€1,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,037 | €4,385 | -€5,652 | -56.3% |
| Other operating charges | 640/8 | €387 | €345 | -€43 | -11.0% |
| Gross operating margin | 9900 | €57,943 | €24,578 | -€33,365 | -57.6% |
| Operating profit (loss) | 9901 | €45,568 | €19,848 | -€25,721 | -56.4% |
| Financial income | 75/76B | €1 | €12 | +€11 | +784% |
| Recurring financial income | 75 | €1 | €12 | +€11 | +784% |
| Financial charges | 65/66B | €1,587 | €328 | -€1,259 | -79.3% |
| Recurring financial charges | 65 | €1,587 | €328 | -€1,259 | -79.3% |
| Profit (loss) for the period before taxes | 9903 | €43,982 | €19,532 | -€24,451 | -55.6% |
| Income taxes | 67/77 | €15,844 | €6,101 | -€9,742 | -61.5% |
| Profit (loss) for the period | 9904 | €28,139 | €13,430 | -€14,708 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,139 | €13,430 | -€14,708 | -52.3% |
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 24 October 2026 via checked.be.