ERPOPTIC: 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.
ERPOPTIC
Largest movements
- Cash +€9,925
up €9,925 (+25.6%), from €38,764 to €48,688
mainly Net result for the year (+€50,315) and Other debts (+€24,777)
- Tangible fixed assets +€7,728
up €7,728 (+5.6%), from €137,402 to €145,129
of which Furniture and vehicles: +€27,212
- Profit (loss) carried forward +€50,315
up €50,315 (+122%), from €41,182 to €91,498
- Debts after one year -€37,575
down €37,575 (-51.9%), from €72,388 to €34,814
- Other debts +€24,777
up €24,777 (+14,628%), from €169 to €24,946
- Tax, wage and social debts -€12,659
down €12,659 (-85.3%), from €14,849 to €2,190
of which Remuneration and social security: -€7,612
- Trade debts -€6,038
down €6,038 (-14.2%), from €42,508 to €36,470
- Staff costs -€20,572
down €20,572 (-31.4%), from €65,426 to €44,854
- Gross operating margin +€8,069
up €8,069 (+6.2%), from €130,270 to €138,339
- Taxes +€7,202
up €7,202 (+70.5%), from €10,218 to €17,420
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 | €248,046 | €267,493 | +€19,447 | +7.8% |
| Fixed assets | 21/28 | €142,040 | €149,768 | +€7,728 | +5.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €137,402 | €145,129 | +€7,728 | +5.6% |
| Land and buildings | 22 | €108,518 | €104,045 | -€4,474 | -4.1% |
| Plant, machinery and equipment | 23 | €28,215 | €13,205 | -€15,010 | -53.2% |
| Furniture and vehicles | 24 | €668 | €27,880 | +€27,212 | +4,071% |
| Financial fixed assets | 28 | €4,638 | €4,638 | = | 0.0% |
| Current assets | 29/58 | €106,006 | €117,725 | +€11,719 | +11.1% |
| Stocks and contracts in progress | 3 | €64,592 | €66,226 | +€1,634 | +2.5% |
| Stocks | 30/36 | €64,592 | €66,226 | +€1,634 | +2.5% |
| Amounts receivable within one year | 40/41 | €353 | €2,811 | +€2,458 | +695% |
| Trade receivables | 40 | €122 | - | -€122 | |
| Other amounts receivable | 41 | €231 | €2,811 | +€2,580 | +1,116% |
| Cash at bank and in hand | 54/58 | €38,764 | €48,688 | +€9,925 | +25.6% |
| Deferred charges and accrued income | 490/1 | €2,297 | - | -€2,297 | |
| Total equity and liabilities | 10/49 | €248,046 | €267,493 | +€19,447 | +7.8% |
| Equity | 10/15 | €81,182 | €131,498 | +€50,315 | +62.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,182 | €91,498 | +€50,315 | +122% |
| Amounts payable | 17/49 | €166,864 | €135,995 | -€30,869 | -18.5% |
| Amounts payable after more than one year | 17 | €72,388 | €34,814 | -€37,575 | -51.9% |
| Financial debts | 170/4 | €72,388 | €34,814 | -€37,575 | -51.9% |
| Amounts payable within one year | 42/48 | €94,475 | €101,181 | +€6,706 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €36,949 | €37,575 | +€626 | +1.7% |
| Trade debts | 44 | €42,508 | €36,470 | -€6,038 | -14.2% |
| Suppliers | 440/4 | €42,508 | €36,470 | -€6,038 | -14.2% |
| Taxes, remuneration and social security | 45 | €14,849 | €2,190 | -€12,659 | -85.3% |
| Taxes | 450/3 | €7,237 | €2,190 | -€5,047 | -69.7% |
| Remuneration and social security | 454/9 | €7,612 | - | -€7,612 | |
| Other amounts payable | 47/48 | €169 | €24,946 | +€24,777 | +14,628% |
| Remuneration, social security and pensions | 62 | €65,426 | €44,854 | -€20,572 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,039 | €19,964 | -€75 | -0.4% |
| Other operating charges | 640/8 | €3,124 | €2,931 | -€193 | -6.2% |
| Gross operating margin | 9900 | €130,270 | €138,339 | +€8,069 | +6.2% |
| Operating profit (loss) | 9901 | €41,681 | €70,589 | +€28,908 | +69.4% |
| Financial charges | 65/66B | €3,318 | €2,854 | -€464 | -14.0% |
| Recurring financial charges | 65 | €3,318 | €2,854 | -€464 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €38,363 | €67,736 | +€29,373 | +76.6% |
| Income taxes | 67/77 | €10,218 | €17,420 | +€7,202 | +70.5% |
| Profit (loss) for the period | 9904 | €28,145 | €50,315 | +€22,170 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,145 | €50,315 | +€22,170 | +78.8% |
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 17 October 2026 via checked.be.