ERRA CONSTRUCT: what changed
ERRA CONSTRUCT
Largest movements
- Receivables within one year +€23,056
up €23,056 (+116%), from €19,899 to €42,955
of which Trade receivables: +€14,551
- Cash +€22,159
up €22,159 (+5,418%), from €409 to €22,568
mainly Tax, wage and social debts (+€20,650) and Net result for the year (+€16,219)
- Tangible fixed assets -€1,888
down €1,888 (-35.2%), from €5,357 to €3,469
of which Furniture and vehicles: -€1,538
- Tax, wage and social debts +€20,650
up €20,650 (+413%), from €5,005 to €25,655
of which Remuneration and social security: +€21,600
- Profit (loss) carried forward +€16,219
up €16,219 (+108%), from €15,015 to €31,234
- Trade debts +€6,458
up €6,458 (+244%), from €2,645 to €9,103
- Gross operating margin +€1,839
up €1,839 (+9.0%), from €20,440 to €22,279
- Depreciation +€1,581
up €1,581 (+515%), from €307 to €1,888
- Taxes -€950
down €950 (-19.0%), from €5,005 to €4,055
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,665 | €68,992 | +€43,327 | +169% |
| Fixed assets | 21/28 | €5,357 | €3,469 | -€1,888 | -35.2% |
| Tangible fixed assets | 22/27 | €5,357 | €3,469 | -€1,888 | -35.2% |
| Plant, machinery and equipment | 23 | €999 | €649 | -€350 | -35.0% |
| Furniture and vehicles | 24 | €4,358 | €2,820 | -€1,538 | -35.3% |
| Current assets | 29/58 | €20,308 | €65,523 | +€45,215 | +223% |
| Amounts receivable within one year | 40/41 | €19,899 | €42,955 | +€23,056 | +116% |
| Trade receivables | 40 | €13,321 | €27,872 | +€14,551 | +109% |
| Other amounts receivable | 41 | €6,578 | €15,083 | +€8,505 | +129% |
| Cash at bank and in hand | 54/58 | €409 | €22,568 | +€22,159 | +5,418% |
| Total equity and liabilities | 10/49 | €25,665 | €68,992 | +€43,327 | +169% |
| Equity | 10/15 | €18,015 | €34,234 | +€16,219 | +90.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | - | €3,000 | +€3,000 | |
| Issued capital | 100 | - | €3,000 | +€3,000 | |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €15,015 | €31,234 | +€16,219 | +108% |
| Amounts payable | 17/49 | €7,650 | €34,758 | +€27,108 | +354% |
| Amounts payable within one year | 42/48 | €7,650 | €34,758 | +€27,108 | +354% |
| Trade debts | 44 | €2,645 | €9,103 | +€6,458 | +244% |
| Suppliers | 440/4 | €2,645 | €9,103 | +€6,458 | +244% |
| Taxes, remuneration and social security | 45 | €5,005 | €25,655 | +€20,650 | +413% |
| Taxes | 450/3 | €5,005 | €4,055 | -€950 | -19.0% |
| Remuneration and social security | 454/9 | - | €21,600 | +€21,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307 | €1,888 | +€1,581 | +515% |
| Gross operating margin | 9900 | €20,440 | €22,279 | +€1,839 | +9.0% |
| Operating profit (loss) | 9901 | €20,133 | €20,391 | +€258 | +1.3% |
| Financial income | 75/76B | €27 | €69 | +€42 | +156% |
| Recurring financial income | 75 | €27 | €69 | +€42 | +156% |
| Financial charges | 65/66B | €140 | €186 | +€46 | +32.9% |
| Recurring financial charges | 65 | €140 | €186 | +€46 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €20,020 | €20,274 | +€254 | +1.3% |
| Income taxes | 67/77 | €5,005 | €4,055 | -€950 | -19.0% |
| Profit (loss) for the period | 9904 | €15,015 | €16,219 | +€1,204 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,015 | €16,219 | +€1,204 | +8.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.