EROL: what changed
Two fiscal 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.
EROL
Largest movements
- Cash -€5,454
down €5,454 (-61.9%), from €8,818 to €3,364
mainly Other debts (-€13,327) and Trade debts (-€8,463)
- Intangible fixed assets -€2,500
down €2,500 (-83.3%), from €3,000 to €500
- Tangible fixed assets -€2,228
down €2,228 (-34.2%), from €6,514 to €4,287
- Other debts -€13,327
no longer reported in 2025 (was €13,327)
- Trade debts -€8,463
down €8,463 (-95.0%), from €8,912 to €449
- Profit (loss) carried forward +€7,017
up €7,017 (+17.5%), from -€40,174 to -€33,158
- Debts after one year -€6,882
no longer reported in 2025 (was €6,882)
- Short-term financial debts +€6,353
new in 2025: €6,353
- Staff costs -€16,368
down €16,368 (-45.2%), from €36,172 to €19,804
- Gross operating margin -€13,350
down €13,350 (-27.6%), from €48,375 to €35,025
- Turnover -€6,038
down €6,038 (-3.6%), from €169,680 to €163,642
- Purchases and services +€4,591
up €4,591 (+3.7%), from €124,603 to €129,195
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.
Cash bridge derived
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 | €27,677 | €17,292 | -€10,385 | -37.5% |
| Fixed assets | 21/28 | €13,454 | €8,727 | -€4,728 | -35.1% |
| Intangible fixed assets | 21 | €3,000 | €500 | -€2,500 | -83.3% |
| Tangible fixed assets | 22/27 | €6,514 | €4,287 | -€2,228 | -34.2% |
| Land and buildings | 22 | €3,204 | €2,136 | -€1,068 | -33.3% |
| Plant, machinery and equipment | 23 | €1,252 | €823 | -€429 | -34.3% |
| Furniture and vehicles | 24 | €2,059 | €1,328 | -€731 | -35.5% |
| Financial fixed assets | 28 | €3,940 | €3,940 | = | 0.0% |
| Current assets | 29/58 | €14,223 | €8,565 | -€5,658 | -39.8% |
| Stocks and contracts in progress | 3 | €5,051 | €4,893 | -€159 | -3.1% |
| Stocks | 30/36 | €5,051 | €4,893 | -€159 | -3.1% |
| Amounts receivable within one year | 40/41 | €354 | €309 | -€45 | -12.7% |
| Other amounts receivable | 41 | €354 | €309 | -€45 | -12.7% |
| Cash at bank and in hand | 54/58 | €8,818 | €3,364 | -€5,454 | -61.9% |
| Total equity and liabilities | 10/49 | €27,677 | €17,292 | -€10,385 | -37.5% |
| Equity | 10/15 | -€18,909 | -€11,892 | +€7,017 | +37.1% |
| Contributions | 10/11 | €21,200 | €21,200 | = | 0.0% |
| Capital | 10 | €21,200 | €21,200 | = | 0.0% |
| Issued capital | 100 | €21,200 | €21,200 | = | 0.0% |
| Reserves | 13 | €66 | €66 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66 | €66 | = | 0.0% |
| Legal reserve | 130 | €66 | €66 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,174 | -€33,158 | +€7,017 | +17.5% |
| Amounts payable | 17/49 | €46,586 | €29,184 | -€17,402 | -37.4% |
| Amounts payable after more than one year | 17 | €6,882 | - | -€6,882 | |
| Financial debts | 170/4 | €6,882 | - | -€6,882 | |
| Amounts payable within one year | 42/48 | €39,704 | €29,184 | -€10,520 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €7,555 | €6,882 | -€674 | -8.9% |
| Financial debts | 43 | - | €6,353 | +€6,353 | |
| Credit institutions | 430/8 | - | €6,353 | +€6,353 | |
| Trade debts | 44 | €8,912 | €449 | -€8,463 | -95.0% |
| Suppliers | 440/4 | €8,912 | €449 | -€8,463 | -95.0% |
| Taxes, remuneration and social security | 45 | €9,910 | €15,501 | +€5,591 | +56.4% |
| Taxes | 450/3 | €5,273 | €8,827 | +€3,554 | +67.4% |
| Remuneration and social security | 454/9 | €4,636 | €6,673 | +€2,037 | +43.9% |
| Other amounts payable | 47/48 | €13,327 | - | -€13,327 | |
| Turnover | 70 | €169,680 | €163,642 | -€6,038 | -3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €124,603 | €129,195 | +€4,591 | +3.7% |
| Remuneration, social security and pensions | 62 | €36,172 | €19,804 | -€16,368 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,719 | €4,728 | -€991 | -17.3% |
| Other operating charges | 640/8 | €503 | €478 | -€24 | -4.9% |
| Gross operating margin | 9900 | €48,375 | €35,025 | -€13,350 | -27.6% |
| Operating profit (loss) | 9901 | €5,982 | €10,015 | +€4,033 | +67.4% |
| Financial income | 75/76B | €22 | €8 | -€14 | -63.9% |
| Recurring financial income | 75 | €22 | €8 | -€14 | -63.9% |
| Financial charges | 65/66B | €2,106 | €3,006 | +€901 | +42.8% |
| Recurring financial charges | 65 | €2,106 | €3,006 | +€901 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €3,898 | €7,017 | +€3,119 | +80.0% |
| Profit (loss) for the period | 9904 | €3,898 | €7,017 | +€3,119 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,898 | €7,017 | +€3,119 | +80.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.