ERP SERVICES: 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.
ERP SERVICES
Largest movements
- Cash -€57,841
down €57,841 (-87.7%), from €65,937 to €8,096
mainly Net result for the year (-€96,301) and Investment in fixed assets (net) (-€92,606)
- Deferred charges and accrued income -€29,539
down €29,539 (-69.3%), from €42,604 to €13,065
- Tangible fixed assets -€17,706
down €17,706 (-1.7%), from €1.1m to €1.0m
of which Land and buildings: -€41,351
- Profit (loss) carried forward -€96,301
down €96,301 (-54.0%), from -€178,195 to -€274,496
- Trade debts +€85,145
up €85,145 (+18.0%), from €473,444 to €558,589
- Advances received -€49,155
down €49,155 (-100.0%), from €49,155 to €0
- Tax, wage and social debts -€28,302
down €28,302 (-28.9%), from €97,992 to €69,690
of which Remuneration and social security: -€30,802
- Gross operating margin -€379,813
down €379,813 (-40.8%), from €932,027 to €552,214
- Staff costs -€52,802
down €52,802 (-9.6%), from €551,397 to €498,595
- Financial charges -€21,138
down €21,138 (-38.3%), from €55,142 to €34,004
of which Financial charges: -€21,138
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 | €1,700,103 | €1,605,500 | -€94,603 | -5.6% |
| Fixed assets | 21/28 | €1,062,995 | €1,045,288 | -€17,706 | -1.7% |
| Tangible fixed assets | 22/27 | €1,062,098 | €1,044,392 | -€17,706 | -1.7% |
| Land and buildings | 22 | €890,886 | €849,535 | -€41,351 | -4.6% |
| Plant, machinery and equipment | 23 | €72,133 | €120,330 | +€48,197 | +66.8% |
| Furniture and vehicles | 24 | €34,407 | €26,319 | -€8,088 | -23.5% |
| Leasing and similar rights | 25 | €52,100 | €38,645 | -€13,455 | -25.8% |
| Other tangible fixed assets | 26 | €12,572 | €9,563 | -€3,010 | -23.9% |
| Financial fixed assets | 28 | €897 | €897 | = | 0.0% |
| Current assets | 29/58 | €637,108 | €560,212 | -€76,896 | -12.1% |
| Stocks and contracts in progress | 3 | €73,000 | €67,420 | -€5,580 | -7.6% |
| Stocks | 30/36 | €73,000 | €45,000 | -€28,000 | -38.4% |
| Contracts in progress | 37 | - | €22,420 | +€22,420 | |
| Amounts receivable within one year | 40/41 | €455,567 | €471,631 | +€16,064 | +3.5% |
| Trade receivables | 40 | €431,293 | €469,966 | +€38,674 | +9.0% |
| Other amounts receivable | 41 | €24,275 | €1,665 | -€22,610 | -93.1% |
| Cash at bank and in hand | 54/58 | €65,937 | €8,096 | -€57,841 | -87.7% |
| Deferred charges and accrued income | 490/1 | €42,604 | €13,065 | -€29,539 | -69.3% |
| Total equity and liabilities | 10/49 | €1,700,103 | €1,605,500 | -€94,603 | -5.6% |
| Equity | 10/15 | €250,805 | €154,504 | -€96,301 | -38.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €356,000 | €356,000 | = | 0.0% |
| Reserves | 13 | €43,000 | €43,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,195 | -€274,496 | -€96,301 | -54.0% |
| Amounts payable | 17/49 | €1,449,298 | €1,450,997 | +€1,699 | +0.1% |
| Amounts payable after more than one year | 17 | €441,405 | €438,429 | -€2,976 | -0.7% |
| Financial debts | 170/4 | €441,405 | €438,429 | -€2,976 | -0.7% |
| Amounts payable within one year | 42/48 | €993,524 | €999,635 | +€6,112 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €92,607 | €88,879 | -€3,728 | -4.0% |
| Financial debts | 43 | €280,000 | €280,000 | = | 0.0% |
| Credit institutions | 430/8 | €280,000 | €280,000 | = | 0.0% |
| Trade debts | 44 | €473,444 | €558,589 | +€85,145 | +18.0% |
| Suppliers | 440/4 | €473,444 | €558,589 | +€85,145 | +18.0% |
| Advances received on contracts in progress | 46 | €49,155 | €0 | -€49,155 | -100.0% |
| Taxes, remuneration and social security | 45 | €97,992 | €69,690 | -€28,302 | -28.9% |
| Taxes | 450/3 | €18,625 | €21,125 | +€2,500 | +13.4% |
| Remuneration and social security | 454/9 | €79,367 | €48,565 | -€30,802 | -38.8% |
| Other amounts payable | 47/48 | €325 | €2,477 | +€2,151 | +661.1% |
| Accrued charges and deferred income | 492/3 | €14,370 | €12,932 | -€1,438 | -10.0% |
| Remuneration, social security and pensions | 62 | €551,397 | €498,595 | -€52,802 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,592 | €110,313 | +€8,721 | +8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,714 | €8,777 | +€1,063 | +13.8% |
| Gross operating margin | 9900 | €932,027 | €552,214 | -€379,813 | -40.8% |
| Operating profit (loss) | 9901 | €271,325 | -€65,470 | -€336,795 | |
| Financial income | 75/76B | €744 | €3,174 | +€2,429 | +326.4% |
| Recurring financial income | 75 | €744 | €3,174 | +€2,429 | +326.4% |
| Financial charges | 65/66B | €55,142 | €34,004 | -€21,138 | -38.3% |
| Recurring financial charges | 65 | €55,142 | €34,004 | -€21,138 | -38.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €216,927 | -€96,301 | -€313,228 | |
| Profit (loss) for the period | 9904 | €216,927 | -€96,301 | -€313,228 | |
| Profit (loss) for the period to be appropriated | 9905 | €216,927 | -€96,301 | -€313,228 |
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 11 October 2026 via checked.be.