ERPICUM: 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.
ERPICUM
Largest movements
- Cash +€250,619
up €250,619 (+153.2%), from €163,606 to €414,225
mainly Net result for the year (+€223,199) and Tax, wage and social debts (+€35,665)
- Receivables within one year +€11,895
up €11,895 (+474.3%), from €2,508 to €14,402
of which Trade receivables: +€13,542
- Reserves +€220,000
up €220,000 (+220.0%), from €100,000 to €320,000
of which Distributable reserves: +€220,000
- Tax, wage and social debts +€35,665
up €35,665 (+468.4%), from €7,615 to €43,280
- Trade debts +€15,337
up €15,337 (+748.4%), from €2,049 to €17,387
- Gross operating margin +€215,461
up €215,461 (+180.8%), from €119,163 to €334,624
- Taxes +€95,515
up €95,515 (+1722.6%), from €5,545 to €101,059
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 | €895,237 | €1,166,205 | +€270,968 | +30.3% |
| Fixed assets | 21/28 | €728,020 | €735,720 | +€7,700 | +1.1% |
| Tangible fixed assets | 22/27 | €27,927 | €35,627 | +€7,700 | +27.6% |
| Furniture and vehicles | 24 | €21,158 | €18,284 | -€2,875 | -13.6% |
| Other tangible fixed assets | 26 | €6,768 | €17,343 | +€10,575 | +156.2% |
| Financial fixed assets | 28 | €700,094 | €700,094 | = | 0.0% |
| Current assets | 29/58 | €167,216 | €430,484 | +€263,268 | +157.4% |
| Amounts receivable within one year | 40/41 | €2,508 | €14,402 | +€11,895 | +474.3% |
| Trade receivables | 40 | €860 | €14,402 | +€13,542 | +1574.8% |
| Other amounts receivable | 41 | €1,648 | €0 | -€1,648 | -100.0% |
| Cash at bank and in hand | 54/58 | €163,606 | €414,225 | +€250,619 | +153.2% |
| Deferred charges and accrued income | 490/1 | €1,103 | €1,857 | +€754 | +68.4% |
| Total equity and liabilities | 10/49 | €895,237 | €1,166,205 | +€270,968 | +30.3% |
| Equity | 10/15 | €828,832 | €1,052,031 | +€223,199 | +26.9% |
| Contributions | 10/11 | €718,592 | €718,592 | = | 0.0% |
| Reserves | 13 | €100,000 | €320,000 | +€220,000 | +220.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €100,000 | €320,000 | +€220,000 | +220.0% |
| Profit (loss) carried forward | 14 | €10,240 | €13,439 | +€3,199 | +31.2% |
| Amounts payable | 17/49 | €66,404 | €114,173 | +€47,769 | +71.9% |
| Amounts payable within one year | 42/48 | €13,736 | €62,566 | +€48,831 | +355.5% |
| Trade debts | 44 | €2,049 | €17,387 | +€15,337 | +748.4% |
| Suppliers | 440/4 | €2,049 | €17,387 | +€15,337 | +748.4% |
| Taxes, remuneration and social security | 45 | €7,615 | €43,280 | +€35,665 | +468.4% |
| Taxes | 450/3 | €7,615 | €43,280 | +€35,665 | +468.4% |
| Other amounts payable | 47/48 | €4,071 | €1,900 | -€2,172 | -53.3% |
| Accrued charges and deferred income | 492/3 | €52,669 | €51,607 | -€1,062 | -2.0% |
| Non-recurring operating income | 76A | €50,000 | €0 | -€50,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,367 | €10,166 | -€1,201 | -10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €739 | €814 | +€76 | +10.2% |
| Non-recurring operating charges | 66A | €406 | €127 | -€280 | -68.8% |
| Gross operating margin | 9900 | €119,163 | €334,624 | +€215,461 | +180.8% |
| Operating profit (loss) | 9901 | €106,651 | €323,517 | +€216,866 | +203.3% |
| Financial income | 75/76B | €33 | €977 | +€943 | +2827.8% |
| Recurring financial income | 75 | €33 | €977 | +€943 | +2827.8% |
| Financial charges | 65/66B | €221 | €236 | +€15 | +6.6% |
| Recurring financial charges | 65 | €221 | €174 | -€47 | -21.3% |
| Non-recurring financial charges | 66B | - | €62 | +€62 | |
| Profit (loss) for the period before taxes | 9903 | €106,463 | €324,258 | +€217,795 | +204.6% |
| Income taxes | 67/77 | €5,545 | €101,059 | +€95,515 | +1722.6% |
| Profit (loss) for the period | 9904 | €100,918 | €223,199 | +€122,280 | +121.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,918 | €223,199 | +€122,280 | +121.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.