Erpola: 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.
Erpola
Largest movements
- Cash +€29,443
up €29,443 (+23.4%), from €125,943 to €155,385
mainly Net result for the year (+€52,676) and Deferred charges and accrued income (+€25,064)
- Deferred charges and accrued income -€25,064
down €25,064 (-90.1%), from €27,833 to €2,769
- Receivables within one year -€4,338
down €4,338 (-51.1%), from €8,498 to €4,160
of which Other amounts receivable: -€3,805
- Reserves +€52,676
up €52,676 (+83.6%), from €63,011 to €115,687
- Trade debts -€32,404
down €32,404 (-95.6%), from €33,893 to €1,489
- Other debts -€25,176
down €25,176 (-44.1%), from €57,149 to €31,973
- Tax, wage and social debts +€3,725
up €3,725 (+55.1%), from €6,760 to €10,484
- Financial income +€7,507
new in 2025: €7,507
- Financial charges +€7,332
up €7,332 (+1,262%), from €581 to €7,913
- Gross operating margin +€4,682
up €4,682 (+7.3%), from €64,523 to €69,205
- Taxes +€805
up €805 (+6.1%), from €13,103 to €13,908
- Depreciation -€714
down €714 (-36.9%), from €1,934 to €1,220
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 | €165,813 | €164,633 | -€1,179 | -0.7% |
| Fixed assets | 21/28 | €3,539 | €2,319 | -€1,220 | -34.5% |
| Tangible fixed assets | 22/27 | €3,539 | €2,319 | -€1,220 | -34.5% |
| Plant, machinery and equipment | 23 | €2,442 | €1,921 | -€521 | -21.3% |
| Furniture and vehicles | 24 | €1,097 | €398 | -€699 | -63.7% |
| Current assets | 29/58 | €162,274 | €162,314 | +€41 | 0.0% |
| Amounts receivable within one year | 40/41 | €8,498 | €4,160 | -€4,338 | -51.1% |
| Trade receivables | 40 | €4,601 | €4,068 | -€533 | -11.6% |
| Other amounts receivable | 41 | €3,897 | €92 | -€3,805 | -97.6% |
| Cash at bank and in hand | 54/58 | €125,943 | €155,385 | +€29,443 | +23.4% |
| Deferred charges and accrued income | 490/1 | €27,833 | €2,769 | -€25,064 | -90.1% |
| Total equity and liabilities | 10/49 | €165,813 | €164,633 | -€1,179 | -0.7% |
| Equity | 10/15 | €68,011 | €120,687 | +€52,676 | +77.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,011 | €115,687 | +€52,676 | +83.6% |
| Distributable reserves | 133 | €63,011 | €115,687 | +€52,676 | +83.6% |
| Amounts payable | 17/49 | €97,802 | €43,946 | -€53,855 | -55.1% |
| Amounts payable within one year | 42/48 | €97,802 | €43,946 | -€53,855 | -55.1% |
| Trade debts | 44 | €33,893 | €1,489 | -€32,404 | -95.6% |
| Suppliers | 440/4 | €33,893 | €1,489 | -€32,404 | -95.6% |
| Taxes, remuneration and social security | 45 | €6,760 | €10,484 | +€3,725 | +55.1% |
| Taxes | 450/3 | €6,760 | €10,484 | +€3,725 | +55.1% |
| Other amounts payable | 47/48 | €57,149 | €31,973 | -€25,176 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,934 | €1,220 | -€714 | -36.9% |
| Other operating charges | 640/8 | €1,210 | €995 | -€215 | -17.8% |
| Gross operating margin | 9900 | €64,523 | €69,205 | +€4,682 | +7.3% |
| Operating profit (loss) | 9901 | €61,379 | €66,990 | +€5,611 | +9.1% |
| Financial income | 75/76B | - | €7,507 | +€7,507 | |
| Recurring financial income | 75 | - | €7,507 | +€7,507 | |
| Financial charges | 65/66B | €581 | €7,913 | +€7,332 | +1,262% |
| Recurring financial charges | 65 | €581 | €7,913 | +€7,332 | +1,262% |
| Profit (loss) for the period before taxes | 9903 | €60,798 | €66,584 | +€5,786 | +9.5% |
| Income taxes | 67/77 | €13,103 | €13,908 | +€805 | +6.1% |
| Profit (loss) for the period | 9904 | €47,695 | €52,676 | +€4,981 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,695 | €52,676 | +€4,981 | +10.4% |
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 25 October 2026 via checked.be.