ERO TC: 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 TC
Largest movements
- Tangible fixed assets +€21,780
new in 2025: €21,780
of which Furniture and vehicles: +€12,047
- Cash -€7,060
down €7,060 (-34.2%), from €20,661 to €13,601
mainly Investment in fixed assets (net) (-€23,678) and Trade debts (-€13,255)
- Receivables within one year +€6,847
up €6,847 (+50.3%), from €13,605 to €20,451
of which Trade receivables: +€7,156
- Tax, wage and social debts +€30,560
new in 2025: €30,560
of which Remuneration and social security: +€30,000
- Trade debts -€13,255
down €13,255 (-95.3%), from €13,909 to €653
- Profit (loss) carried forward +€4,447
up €4,447 (+29.8%), from €14,922 to €19,369
- Purchases and services +€107,867
up €107,867 (+195%), from €55,220 to €163,087
- Turnover +€105,452
up €105,452 (+149%), from €70,889 to €176,341
- Other operating charges +€9,487
up €9,487 (+1,273%), from €745 to €10,232
- Gross operating margin +€5,061
up €5,061 (+32.3%), from €15,669 to €20,730
- Financial charges +€3,128
up €3,128 (+11,910%), from €26 to €3,154
of which Financial charges: +€3,128
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 | €34,266 | €55,833 | +€21,567 | +62.9% |
| Fixed assets | 21/28 | - | €21,780 | +€21,780 | |
| Tangible fixed assets | 22/27 | - | €21,780 | +€21,780 | |
| Furniture and vehicles | 24 | - | €12,047 | +€12,047 | |
| Other tangible fixed assets | 26 | - | €9,733 | +€9,733 | |
| Current assets | 29/58 | €34,266 | €34,053 | -€213 | -0.6% |
| Amounts receivable within one year | 40/41 | €13,605 | €20,451 | +€6,847 | +50.3% |
| Trade receivables | 40 | €10,962 | €18,119 | +€7,156 | +65.3% |
| Other amounts receivable | 41 | €2,642 | €2,333 | -€309 | -11.7% |
| Cash at bank and in hand | 54/58 | €20,661 | €13,601 | -€7,060 | -34.2% |
| Total equity and liabilities | 10/49 | €34,266 | €55,833 | +€21,567 | +62.9% |
| Equity | 10/15 | €19,922 | €24,369 | +€4,447 | +22.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,922 | €19,369 | +€4,447 | +29.8% |
| Amounts payable | 17/49 | €14,344 | €31,463 | +€17,120 | +119% |
| Amounts payable within one year | 42/48 | €14,344 | €31,463 | +€17,120 | +119% |
| Current portion of amounts payable after more than one year | 42 | €435 | - | -€435 | |
| Trade debts | 44 | €13,909 | €653 | -€13,255 | -95.3% |
| Suppliers | 440/4 | €13,909 | €653 | -€13,255 | -95.3% |
| Taxes, remuneration and social security | 45 | - | €30,560 | +€30,560 | |
| Taxes | 450/3 | - | €560 | +€560 | |
| Remuneration and social security | 454/9 | - | €30,000 | +€30,000 | |
| Other amounts payable | 47/48 | - | €250 | +€250 | |
| Turnover | 70 | €70,889 | €176,341 | +€105,452 | +149% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,220 | €163,087 | +€107,867 | +195% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,898 | +€1,898 | |
| Other operating charges | 640/8 | €745 | €10,232 | +€9,487 | +1,273% |
| Gross operating margin | 9900 | €15,669 | €20,730 | +€5,061 | +32.3% |
| Operating profit (loss) | 9901 | €14,924 | €8,600 | -€6,325 | -42.4% |
| Financial income | 75/76B | €24 | €1 | -€23 | -94.4% |
| Recurring financial income | 75 | €24 | €1 | -€23 | -97.1% |
| Non-recurring financial income | 76B | €24 | €1 | -€23 | -97.3% |
| Financial charges | 65/66B | €26 | €3,154 | +€3,128 | +11,910% |
| Recurring financial charges | 65 | €26 | €3,154 | +€3,128 | +11,914% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €14,922 | €5,447 | -€9,475 | -63.5% |
| Income taxes | 67/77 | - | €1,000 | +€1,000 | |
| Profit (loss) for the period | 9904 | €14,922 | €4,447 | -€10,475 | -70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,922 | €4,447 | -€10,475 | -70.2% |
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 19 October 2026 via checked.be.