ERQIGEN: 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.
ERQIGEN
Largest movements
- Cash +€30,145
new in 2025: €30,145
mainly Other debts (+€15,355) and Net result for the year (+€10,579)
- Receivables within one year -€2,893
down €2,893 (-16.1%), from €17,966 to €15,073
of which Other amounts receivable: -€17,955
- Tangible fixed assets +€1,536
up €1,536 (+29.8%), from €5,156 to €6,693
- Deferred charges and accrued income +€650
new in 2025: €650
- Other debts +€15,355
up €15,355 (+2553.6%), from €601 to €15,956
- Reserves +€9,746
up €9,746 (+84.9%), from €11,484 to €21,230
- Tax, wage and social debts +€7,135
up €7,135 (+210.5%), from €3,389 to €10,524
- Trade debts -€2,806
down €2,806 (-76.9%), from €3,648 to €842
- Gross operating margin +€3,396
up €3,396 (+21.7%), from €15,638 to €19,035
- Financial charges +€2,632
new in 2025: €2,632
- Depreciation +€1,823
up €1,823 (+38701.1%), from €5 to €1,828
- Taxes +€481
up €481 (+15.4%), from €3,132 to €3,612
- Other operating charges +€234
up €234 (+147.0%), from €159 to €393
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 | €23,122 | €52,560 | +€29,438 | +127.3% |
| Fixed assets | 21/28 | €5,156 | €6,693 | +€1,536 | +29.8% |
| Tangible fixed assets | 22/27 | €5,156 | €6,693 | +€1,536 | +29.8% |
| Plant, machinery and equipment | 23 | €5,156 | €6,693 | +€1,536 | +29.8% |
| Current assets | 29/58 | €17,966 | €45,868 | +€27,902 | +155.3% |
| Amounts receivable within one year | 40/41 | €17,966 | €15,073 | -€2,893 | -16.1% |
| Trade receivables | 40 | - | €15,062 | +€15,062 | |
| Other amounts receivable | 41 | €17,966 | €11 | -€17,955 | -99.9% |
| Cash at bank and in hand | 54/58 | - | €30,145 | +€30,145 | |
| Deferred charges and accrued income | 490/1 | - | €650 | +€650 | |
| Total equity and liabilities | 10/49 | €23,122 | €52,560 | +€29,438 | +127.3% |
| Equity | 10/15 | €15,484 | €25,230 | +€9,746 | +62.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €11,484 | €21,230 | +€9,746 | +84.9% |
| Distributable reserves | 133 | €11,484 | €21,230 | +€9,746 | +84.9% |
| Amounts payable | 17/49 | €7,638 | €27,330 | +€19,692 | +257.8% |
| Amounts payable within one year | 42/48 | €7,638 | €27,330 | +€19,692 | +257.8% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €3,648 | €842 | -€2,806 | -76.9% |
| Suppliers | 440/4 | €3,648 | €842 | -€2,806 | -76.9% |
| Taxes, remuneration and social security | 45 | €3,389 | €10,524 | +€7,135 | +210.5% |
| Taxes | 450/3 | €3,389 | €10,524 | +€7,135 | +210.5% |
| Other amounts payable | 47/48 | €601 | €15,956 | +€15,355 | +2553.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5 | €1,828 | +€1,823 | +38701.1% |
| Other operating charges | 640/8 | €159 | €393 | +€234 | +147.0% |
| Gross operating margin | 9900 | €15,638 | €19,035 | +€3,396 | +21.7% |
| Operating profit (loss) | 9901 | €15,475 | €16,815 | +€1,340 | +8.7% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | - | €2,632 | +€2,632 | |
| Recurring financial charges | 65 | - | €2,632 | +€2,632 | |
| Profit (loss) for the period before taxes | 9903 | €15,475 | €14,191 | -€1,284 | -8.3% |
| Income taxes | 67/77 | €3,132 | €3,612 | +€481 | +15.4% |
| Profit (loss) for the period | 9904 | €12,343 | €10,579 | -€1,764 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,343 | €10,579 | -€1,764 | -14.3% |
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 6 October 2026 via checked.be.