Erromesa: 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.
Erromesa
Largest movements
- Receivables within one year +€45,628
up €45,628 (+268%), from €17,025 to €62,653
of which Trade receivables: +€31,664
- Cash -€15,887
down €15,887 (-15.6%), from €101,711 to €85,824
mainly Receivables within one year (-€45,628) and Debts after one year (-€10,514)
- Tangible fixed assets -€10,927
down €10,927 (-46.6%), from €23,447 to €12,520
- Reserves +€45,837
up €45,837 (+61.7%), from €74,333 to €120,170
- Debts after one year -€10,514
down €10,514 (-92.3%), from €11,394 to €880
- Other debts -€7,268
down €7,268 (-100%), from €7,268 to €0
- Trade debts -€6,064
down €6,064 (-92.1%), from €6,581 to €517
- Tax, wage and social debts -€2,825
down €2,825 (-9.2%), from €30,853 to €28,029
- Gross operating margin +€37,534
up €37,534 (+97.9%), from €38,328 to €75,862
- Taxes +€12,102
up €12,102 (+196%), from €6,162 to €18,264
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 | €142,183 | €161,415 | +€19,232 | +13.5% |
| Fixed assets | 21/28 | €23,447 | €12,520 | -€10,927 | -46.6% |
| Tangible fixed assets | 22/27 | €23,447 | €12,520 | -€10,927 | -46.6% |
| Furniture and vehicles | 24 | €23,447 | €12,520 | -€10,927 | -46.6% |
| Current assets | 29/58 | €118,736 | €148,895 | +€30,159 | +25.4% |
| Amounts receivable within one year | 40/41 | €17,025 | €62,653 | +€45,628 | +268% |
| Trade receivables | 40 | €17,025 | €48,689 | +€31,664 | +186% |
| Other amounts receivable | 41 | - | €13,965 | +€13,965 | |
| Cash at bank and in hand | 54/58 | €101,711 | €85,824 | -€15,887 | -15.6% |
| Deferred charges and accrued income | 490/1 | €0 | €417 | +€417 | |
| Total equity and liabilities | 10/49 | €142,183 | €161,415 | +€19,232 | +13.5% |
| Equity | 10/15 | €75,639 | €121,476 | +€45,837 | +60.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €74,333 | €120,170 | +€45,837 | +61.7% |
| Distributable reserves | 133 | €74,333 | €120,170 | +€45,837 | +61.7% |
| Profit (loss) carried forward | 14 | €306 | €306 | = | 0.0% |
| Amounts payable | 17/49 | €66,544 | €39,939 | -€26,605 | -40.0% |
| Amounts payable after more than one year | 17 | €11,394 | €880 | -€10,514 | -92.3% |
| Financial debts | 170/4 | €11,394 | €880 | -€10,514 | -92.3% |
| Amounts payable within one year | 42/48 | €55,150 | €39,060 | -€16,090 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €10,448 | €10,514 | +€67 | +0.6% |
| Trade debts | 44 | €6,581 | €517 | -€6,064 | -92.1% |
| Suppliers | 440/4 | €6,581 | €517 | -€6,064 | -92.1% |
| Taxes, remuneration and social security | 45 | €30,853 | €28,029 | -€2,825 | -9.2% |
| Taxes | 450/3 | €30,853 | €28,029 | -€2,825 | -9.2% |
| Other amounts payable | 47/48 | €7,268 | €0 | -€7,268 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,927 | €10,927 | = | 0.0% |
| Other operating charges | 640/8 | €546 | €516 | -€30 | -5.5% |
| Gross operating margin | 9900 | €38,328 | €75,862 | +€37,534 | +97.9% |
| Operating profit (loss) | 9901 | €26,855 | €64,420 | +€37,565 | +140% |
| Financial income | 75/76B | €0 | €3 | +€2 | +590% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +590% |
| Financial charges | 65/66B | €387 | €322 | -€66 | -16.9% |
| Recurring financial charges | 65 | €387 | €322 | -€66 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €26,468 | €64,101 | +€37,633 | +142% |
| Income taxes | 67/77 | €6,162 | €18,264 | +€12,102 | +196% |
| Profit (loss) for the period | 9904 | €20,306 | €45,837 | +€25,531 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €20,306 | €45,837 | +€25,531 | +126% |
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 18 October 2026 via checked.be.