EROGLU: 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.
EROGLU
Largest movements
- Receivables within one year +€42,659
up €42,659 (+32.8%), from €130,115 to €172,774
of which Other amounts receivable: +€37,345
- Cash +€3,802
up €3,802 (+20.2%), from €18,803 to €22,605
mainly Net result for the year (+€37,677) and Tax, wage and social debts (+€4,959)
- Stocks and contracts -€3,440
down €3,440 (-69.6%), from €4,945 to €1,506
- Reserves +€37,500
up €37,500 (+63.2%), from €59,295 to €96,795
- Tax, wage and social debts +€4,959
up €4,959 (+15.7%), from €31,663 to €36,622
- Gross operating margin +€3,169
up €3,169 (+6.4%), from €49,411 to €52,579
- Financial income +€1,500
up €1,500 (+25.7%), from €5,836 to €7,336
- Taxes +€613
up €613 (+3.5%), from €17,550 to €18,162
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 | €159,478 | €203,125 | +€43,647 | +27.4% |
| Fixed assets | 21/28 | €5,615 | €5,252 | -€362 | -6.5% |
| Tangible fixed assets | 22/27 | €5,615 | €5,252 | -€362 | -6.5% |
| Plant, machinery and equipment | 23 | €1,679 | €2,664 | +€985 | +58.7% |
| Other tangible fixed assets | 26 | €3,936 | €2,588 | -€1,348 | -34.2% |
| Current assets | 29/58 | €153,864 | €197,873 | +€44,009 | +28.6% |
| Stocks and contracts in progress | 3 | €4,945 | €1,506 | -€3,440 | -69.6% |
| Stocks | 30/36 | €4,945 | €1,506 | -€3,440 | -69.6% |
| Amounts receivable within one year | 40/41 | €130,115 | €172,774 | +€42,659 | +32.8% |
| Trade receivables | 40 | €13,347 | €18,660 | +€5,314 | +39.8% |
| Other amounts receivable | 41 | €116,768 | €154,114 | +€37,345 | +32.0% |
| Cash at bank and in hand | 54/58 | €18,803 | €22,605 | +€3,802 | +20.2% |
| Deferred charges and accrued income | 490/1 | - | €989 | +€989 | |
| Total equity and liabilities | 10/49 | €159,478 | €203,125 | +€43,647 | +27.4% |
| Equity | 10/15 | €125,307 | €162,984 | +€37,677 | +30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,295 | €96,795 | +€37,500 | +63.2% |
| Distributable reserves | 133 | €59,295 | €96,795 | +€37,500 | +63.2% |
| Profit (loss) carried forward | 14 | €59,812 | €59,989 | +€177 | +0.3% |
| Amounts payable | 17/49 | €34,171 | €40,141 | +€5,970 | +17.5% |
| Amounts payable within one year | 42/48 | €34,171 | €40,141 | +€5,970 | +17.5% |
| Trade debts | 44 | €2,508 | €3,520 | +€1,011 | +40.3% |
| Suppliers | 440/4 | €2,508 | €3,520 | +€1,011 | +40.3% |
| Taxes, remuneration and social security | 45 | €31,663 | €36,622 | +€4,959 | +15.7% |
| Taxes | 450/3 | €31,663 | €36,622 | +€4,959 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,768 | €1,932 | +€164 | +9.3% |
| Other operating charges | 640/8 | €1,565 | €1,859 | +€293 | +18.7% |
| Gross operating margin | 9900 | €49,411 | €52,579 | +€3,169 | +6.4% |
| Operating profit (loss) | 9901 | €46,078 | €48,789 | +€2,711 | +5.9% |
| Financial income | 75/76B | €5,836 | €7,336 | +€1,500 | +25.7% |
| Recurring financial income | 75 | €5,836 | €7,336 | +€1,500 | +25.7% |
| Financial charges | 65/66B | €129 | €286 | +€158 | +122% |
| Recurring financial charges | 65 | €129 | €286 | +€158 | +122% |
| Profit (loss) for the period before taxes | 9903 | €51,785 | €55,839 | +€4,054 | +7.8% |
| Income taxes | 67/77 | €17,550 | €18,162 | +€613 | +3.5% |
| Profit (loss) for the period | 9904 | €34,235 | €37,677 | +€3,442 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,235 | €37,677 | +€3,442 | +10.1% |
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 13 October 2026 via checked.be.