EROXX: 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.
EROXX
Largest movements
- Receivables within one year +€300,178
up €300,178 (+921.6%), from €32,570 to €332,748
- Current investments +€150,000
up €150,000 (+20.0%), from €750,000 to €900,000
- Cash +€51,265
up €51,265 (+22.3%), from €229,543 to €280,808
mainly Net result for the year (+€510,176) and Depreciation (+€52,776)
- Tangible fixed assets -€31,181
down €31,181 (-15.4%), from €202,901 to €171,720
of which Furniture and vehicles: -€31,244
- Deferred charges and accrued income +€24,985
new in 2025: €24,985
- Reserves +€510,176
up €510,176 (+51.5%), from €989,767 to €1.5m
- Tax, wage and social debts -€30,279
down €30,279 (-15.4%), from €197,032 to €166,753
of which Taxes: -€60,740
- Trade debts +€23,453
up €23,453 (+760.8%), from €3,083 to €26,535
- Staff costs +€68,644
up €68,644 (+25.5%), from €269,232 to €337,876
- Gross operating margin +€65,271
up €65,271 (+6.0%), from €1.1m to €1.1m
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 | €1,219,604 | €1,714,620 | +€495,017 | +40.6% |
| Fixed assets | 21/28 | €202,901 | €171,720 | -€31,181 | -15.4% |
| Tangible fixed assets | 22/27 | €202,901 | €171,720 | -€31,181 | -15.4% |
| Land and buildings | 22 | €29,544 | €37,645 | +€8,101 | +27.4% |
| Plant, machinery and equipment | 23 | €46,665 | €38,627 | -€8,038 | -17.2% |
| Furniture and vehicles | 24 | €126,692 | €95,448 | -€31,244 | -24.7% |
| Current assets | 29/58 | €1,016,703 | €1,542,900 | +€526,197 | +51.8% |
| Stocks and contracts in progress | 3 | €4,590 | €4,359 | -€231 | -5.0% |
| Stocks | 30/36 | €4,590 | €4,359 | -€231 | -5.0% |
| Amounts receivable within one year | 40/41 | €32,570 | €332,748 | +€300,178 | +921.6% |
| Other amounts receivable | 41 | €32,570 | €332,748 | +€300,178 | +921.6% |
| Current investments | 50/53 | €750,000 | €900,000 | +€150,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €229,543 | €280,808 | +€51,265 | +22.3% |
| Deferred charges and accrued income | 490/1 | - | €24,985 | +€24,985 | |
| Total equity and liabilities | 10/49 | €1,219,604 | €1,714,620 | +€495,017 | +40.6% |
| Equity | 10/15 | €1,009,767 | €1,519,942 | +€510,176 | +50.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €989,767 | €1,499,942 | +€510,176 | +51.5% |
| Distributable reserves | 133 | €989,767 | €1,499,942 | +€510,176 | +51.5% |
| Amounts payable | 17/49 | €209,837 | €194,678 | -€15,159 | -7.2% |
| Amounts payable after more than one year | 17 | €1,389 | - | -€1,389 | |
| Financial debts | 170/4 | €1,389 | - | -€1,389 | |
| Amounts payable within one year | 42/48 | €208,448 | €194,678 | -€13,770 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €8,333 | €1,389 | -€6,944 | -83.3% |
| Trade debts | 44 | €3,083 | €26,535 | +€23,453 | +760.8% |
| Suppliers | 440/4 | €3,083 | €26,535 | +€23,453 | +760.8% |
| Taxes, remuneration and social security | 45 | €197,032 | €166,753 | -€30,279 | -15.4% |
| Taxes | 450/3 | €157,662 | €96,922 | -€60,740 | -38.5% |
| Remuneration and social security | 454/9 | €39,370 | €69,832 | +€30,461 | +77.4% |
| Remuneration, social security and pensions | 62 | €269,232 | €337,876 | +€68,644 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,901 | €52,776 | +€2,876 | +5.8% |
| Other operating charges | 640/8 | €118 | €4,336 | +€4,218 | +3574.4% |
| Gross operating margin | 9900 | €1,079,509 | €1,144,779 | +€65,271 | +6.0% |
| Operating profit (loss) | 9901 | €760,258 | €749,791 | -€10,467 | -1.4% |
| Financial income | 75/76B | €790 | - | -€790 | |
| Recurring financial income | 75 | €790 | - | -€790 | |
| Financial charges | 65/66B | €5,969 | €4,597 | -€1,372 | -23.0% |
| Recurring financial charges | 65 | €5,969 | €4,597 | -€1,372 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €755,079 | €745,194 | -€9,885 | -1.3% |
| Income taxes | 67/77 | €241,513 | €235,018 | -€6,496 | -2.7% |
| Profit (loss) for the period | 9904 | €513,565 | €510,176 | -€3,390 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €513,565 | €510,176 | -€3,390 | -0.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.