ERPOLEEN: 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.
ERPOLEEN
Largest movements
- Tangible fixed assets +€5,479
up €5,479 (+18.9%), from €29,057 to €34,536
of which Assets under construction and advance payments: +€11,350
- Other debts +€6,683
up €6,683 (+19.9%), from €33,666 to €40,349
- Trade debts -€715
down €715 (-97.5%), from €733 to €18
- Gross operating margin +€19,619
up €19,619, from -€6,761 to €12,858
- Depreciation -€1,689
down €1,689 (-22.5%), from €7,500 to €5,811
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,652 | €57,061 | +€5,408 | +10.5% |
| Fixed assets | 21/28 | €29,257 | €34,736 | +€5,479 | +18.7% |
| Tangible fixed assets | 22/27 | €29,057 | €34,536 | +€5,479 | +18.9% |
| Furniture and vehicles | 24 | €2,589 | €0 | -€2,589 | -100% |
| Other tangible fixed assets | 26 | €20,317 | €17,036 | -€3,282 | -16.2% |
| Assets under construction and advance payments | 27 | €6,150 | €17,500 | +€11,350 | +185% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €22,396 | €22,325 | -€71 | -0.3% |
| Amounts receivable within one year | 40/41 | €204 | €558 | +€354 | +174% |
| Other amounts receivable | 41 | €204 | €558 | +€354 | +174% |
| Cash at bank and in hand | 54/58 | €22,192 | €21,766 | -€425 | -1.9% |
| Total equity and liabilities | 10/49 | €51,652 | €57,061 | +€5,408 | +10.5% |
| Equity | 10/15 | €17,254 | €16,694 | -€560 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,615 | €13,615 | = | 0.0% |
| Distributable reserves | 133 | €13,615 | €13,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,961 | -€15,521 | -€560 | -3.7% |
| Amounts payable | 17/49 | €34,398 | €40,367 | +€5,968 | +17.4% |
| Amounts payable within one year | 42/48 | €34,398 | €40,367 | +€5,968 | +17.4% |
| Trade debts | 44 | €733 | €18 | -€715 | -97.5% |
| Suppliers | 440/4 | €733 | €18 | -€715 | -97.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €33,666 | €40,349 | +€6,683 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,500 | €5,811 | -€1,689 | -22.5% |
| Other operating charges | 640/8 | €569 | €584 | +€15 | +2.6% |
| Non-recurring operating charges | 66A | - | €6,824 | +€6,824 | |
| Gross operating margin | 9900 | -€6,761 | €12,858 | +€19,619 | |
| Operating profit (loss) | 9901 | -€14,831 | -€362 | +€14,469 | +97.6% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €149 | €198 | +€50 | +33.5% |
| Recurring financial charges | 65 | €149 | €198 | +€50 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,961 | -€560 | +€14,401 | +96.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,961 | -€560 | +€14,401 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,961 | -€560 | +€14,401 | +96.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.