ERPRO: what changed
Two fiscal 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.
ERPRO
Largest movements
- Receivables within one year +€37,726
up €37,726 (+90.2%), from €41,844 to €79,570
of which Trade receivables: +€45,038
- Cash +€34,385
up €34,385 (+29.2%), from €117,702 to €152,088
mainly Net result for the year (+€41,328) and Other debts (+€21,120)
- Reserves +€41,328
up €41,328 (+25.4%), from €162,533 to €203,861
of which Distributable reserves: +€41,328
- Other debts +€21,120
up €21,120 (+13.9%), from €151,964 to €173,085
- Tax, wage and social debts +€10,153
up €10,153 (+93.2%), from €10,888 to €21,041
- Gross operating margin +€15,533
up €15,533 (+26.9%), from €57,802 to €73,335
- Taxes +€4,237
up €4,237 (+32.8%), from €12,928 to €17,166
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 | €337,009 | €409,741 | +€72,732 | +21.6% |
| Fixed assets | 21/28 | €14,990 | €14,021 | -€969 | -6.5% |
| Tangible fixed assets | 22/27 | €14,990 | €14,021 | -€969 | -6.5% |
| Land and buildings | 22 | €14,255 | €12,156 | -€2,099 | -14.7% |
| Plant, machinery and equipment | 23 | €365 | €1,815 | +€1,450 | +397.4% |
| Furniture and vehicles | 24 | €370 | €51 | -€319 | -86.3% |
| Current assets | 29/58 | €322,019 | €395,720 | +€73,701 | +22.9% |
| Stocks and contracts in progress | 3 | €9,986 | €8,758 | -€1,229 | -12.3% |
| Stocks | 30/36 | €9,986 | €8,758 | -€1,229 | -12.3% |
| Amounts receivable within one year | 40/41 | €41,844 | €79,570 | +€37,726 | +90.2% |
| Trade receivables | 40 | €34,531 | €79,570 | +€45,038 | +130.4% |
| Other amounts receivable | 41 | €7,312 | €0 | -€7,312 | -100.0% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €117,702 | €152,088 | +€34,385 | +29.2% |
| Deferred charges and accrued income | 490/1 | €2,487 | €5,305 | +€2,818 | +113.3% |
| Total equity and liabilities | 10/49 | €337,009 | €409,741 | +€72,732 | +21.6% |
| Equity | 10/15 | €168,730 | €210,058 | +€41,328 | +24.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €162,533 | €203,861 | +€41,328 | +25.4% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €143,783 | €185,111 | +€41,328 | +28.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €168,279 | €199,683 | +€31,404 | +18.7% |
| Amounts payable within one year | 42/48 | €168,279 | €199,628 | +€31,349 | +18.6% |
| Financial debts | 43 | €883 | €0 | -€883 | -100.0% |
| Credit institutions | 430/8 | €883 | €0 | -€883 | -100.0% |
| Trade debts | 44 | €4,543 | €5,503 | +€959 | +21.1% |
| Suppliers | 440/4 | €4,543 | €5,503 | +€959 | +21.1% |
| Taxes, remuneration and social security | 45 | €10,888 | €21,041 | +€10,153 | +93.2% |
| Taxes | 450/3 | €10,888 | €21,041 | +€10,153 | +93.2% |
| Other amounts payable | 47/48 | €151,964 | €173,085 | +€21,120 | +13.9% |
| Accrued charges and deferred income | 492/3 | €0 | €55 | +€55 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,065 | €2,895 | -€170 | -5.5% |
| Other operating charges | 640/8 | €1,216 | €1,025 | -€192 | -15.8% |
| Gross operating margin | 9900 | €57,802 | €73,335 | +€15,533 | +26.9% |
| Operating profit (loss) | 9901 | €53,520 | €69,414 | +€15,894 | +29.7% |
| Financial income | 75/76B | €1 | €47 | +€46 | +9224.0% |
| Recurring financial income | 75 | €1 | €47 | +€46 | +9224.0% |
| Financial charges | 65/66B | €11,309 | €10,967 | -€342 | -3.0% |
| Recurring financial charges | 65 | €11,309 | €10,967 | -€342 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €42,211 | €58,494 | +€16,282 | +38.6% |
| Income taxes | 67/77 | €12,928 | €17,166 | +€4,237 | +32.8% |
| Profit (loss) for the period | 9904 | €29,283 | €41,328 | +€12,045 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,283 | €41,328 | +€12,045 | +41.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.