Erron: 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.
Erron
Largest movements
- Stocks and contracts +€293,472
up €293,472 (+522.1%), from €56,214 to €349,686
- Receivables within one year -€41,369
down €41,369 (-18.0%), from €229,835 to €188,466
of which Trade receivables: -€87,958
- Cash -€16,455
down €16,455 (-66.4%), from €24,785 to €8,331
mainly Stocks and contracts (-€293,472) and Net result for the year (-€29,703)
- Advances received +€214,710
new in 2025: €214,710
- Trade debts +€80,721
up €80,721 (+28.4%), from €284,383 to €365,104
- Profit (loss) carried forward -€29,703
down €29,703 (-211.3%), from -€14,056 to -€43,760
- Tax, wage and social debts -€29,564
down €29,564 (-91.0%), from €32,492 to €2,928
of which Taxes: -€32,492
- Staff costs +€37,435
new in 2025: €37,435
- Gross operating margin +€22,216
up €22,216, from -€13,560 to €8,657
- Other operating charges +€319
up €319 (+82.2%), from €387 to €706
- Financial charges +€316
up €316 (+288.9%), from €110 to €426
- Financial income +€206
new in 2025: €206
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 | €323,334 | €558,982 | +€235,648 | +72.9% |
| Fixed assets | 21/28 | €12,500 | €12,500 | = | 0.0% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €310,834 | €546,482 | +€235,648 | +75.8% |
| Stocks and contracts in progress | 3 | €56,214 | €349,686 | +€293,472 | +522.1% |
| Stocks | 30/36 | €56,214 | €349,686 | +€293,472 | +522.1% |
| Amounts receivable within one year | 40/41 | €229,835 | €188,466 | -€41,369 | -18.0% |
| Trade receivables | 40 | €229,835 | €141,877 | -€87,958 | -38.3% |
| Other amounts receivable | 41 | - | €46,589 | +€46,589 | |
| Cash at bank and in hand | 54/58 | €24,785 | €8,331 | -€16,455 | -66.4% |
| Total equity and liabilities | 10/49 | €323,334 | €558,982 | +€235,648 | +72.9% |
| Equity | 10/15 | €5,944 | -€23,760 | -€29,703 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,056 | -€43,760 | -€29,703 | -211.3% |
| Amounts payable | 17/49 | €317,391 | €582,742 | +€265,351 | +83.6% |
| Amounts payable within one year | 42/48 | €317,391 | €582,742 | +€265,351 | +83.6% |
| Trade debts | 44 | €284,383 | €365,104 | +€80,721 | +28.4% |
| Suppliers | 440/4 | €284,383 | €365,104 | +€80,721 | +28.4% |
| Advances received on contracts in progress | 46 | - | €214,710 | +€214,710 | |
| Taxes, remuneration and social security | 45 | €32,492 | €2,928 | -€29,564 | -91.0% |
| Taxes | 450/3 | €32,492 | - | -€32,492 | |
| Remuneration and social security | 454/9 | - | €2,928 | +€2,928 | |
| Other amounts payable | 47/48 | €516 | - | -€516 | |
| Remuneration, social security and pensions | 62 | - | €37,435 | +€37,435 | |
| Other operating charges | 640/8 | €387 | €706 | +€319 | +82.2% |
| Gross operating margin | 9900 | -€13,560 | €8,657 | +€22,216 | |
| Operating profit (loss) | 9901 | -€13,947 | -€29,484 | -€15,537 | -111.4% |
| Financial income | 75/76B | - | €206 | +€206 | |
| Recurring financial income | 75 | - | €206 | +€206 | |
| Financial charges | 65/66B | €110 | €426 | +€316 | +288.9% |
| Recurring financial charges | 65 | €110 | €426 | +€316 | +288.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,056 | -€29,703 | -€15,647 | -111.3% |
| Profit (loss) for the period | 9904 | -€14,056 | -€29,703 | -€15,647 | -111.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,056 | -€29,703 | -€15,647 | -111.3% |
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 10 October 2026 via checked.be.