ERS SRL: 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.
ERS SRL
Largest movements
- Cash +€78,020
up €78,020 (+428.5%), from €18,207 to €96,227
mainly Net result for the year (+€56,451) and Depreciation (+€11,875)
- Tangible fixed assets -€11,253
down €11,253 (-21.0%), from €53,681 to €42,428
- Receivables within one year -€2,324
down €2,324 (-13.5%), from €17,176 to €14,852
of which Other amounts receivable: -€2,131
- Reserves +€56,451
up €56,451 (+181.7%), from €31,060 to €87,510
- Debts after one year -€8,935
down €8,935 (-24.9%), from €35,950 to €27,016
- Tax, wage and social debts +€7,221
up €7,221 (+289.5%), from €2,494 to €9,715
- Current portion of long-term debt +€6,381
up €6,381 (+38.3%), from €16,667 to €23,048
- Trade debts +€2,507
up €2,507 (+486.8%), from €515 to €3,021
- Gross operating margin +€47,500
up €47,500 (+95.9%), from €49,515 to €97,014
- Taxes +€11,849
up €11,849 (+81.7%), from €14,494 to €26,344
- Depreciation +€8,670
up €8,670 (+270.6%), from €3,204 to €11,875
- Financial charges +€1,482
up €1,482 (+440.2%), from €337 to €1,818
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 | €90,686 | €154,310 | +€63,624 | +70.2% |
| Formation expenses | 20 | €622 | €0 | -€622 | -100.0% |
| Fixed assets | 21/28 | €53,681 | €42,428 | -€11,253 | -21.0% |
| Tangible fixed assets | 22/27 | €53,681 | €42,428 | -€11,253 | -21.0% |
| Furniture and vehicles | 24 | €53,681 | €42,428 | -€11,253 | -21.0% |
| Current assets | 29/58 | €36,383 | €111,882 | +€75,499 | +207.5% |
| Amounts receivable within one year | 40/41 | €17,176 | €14,852 | -€2,324 | -13.5% |
| Trade receivables | 40 | €10,237 | €10,044 | -€193 | -1.9% |
| Other amounts receivable | 41 | €6,940 | €4,809 | -€2,131 | -30.7% |
| Cash at bank and in hand | 54/58 | €18,207 | €96,227 | +€78,020 | +428.5% |
| Deferred charges and accrued income | 490/1 | €1,000 | €803 | -€198 | -19.8% |
| Total equity and liabilities | 10/49 | €90,686 | €154,310 | +€63,624 | +70.2% |
| Equity | 10/15 | €35,060 | €91,510 | +€56,451 | +161.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €31,060 | €87,510 | +€56,451 | +181.7% |
| Distributable reserves | 133 | €31,060 | €87,510 | +€56,451 | +181.7% |
| Amounts payable | 17/49 | €55,627 | €62,800 | +€7,173 | +12.9% |
| Amounts payable after more than one year | 17 | €35,950 | €27,016 | -€8,935 | -24.9% |
| Financial debts | 170/4 | €35,950 | €27,016 | -€8,935 | -24.9% |
| Amounts payable within one year | 42/48 | €19,676 | €35,784 | +€16,108 | +81.9% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €23,048 | +€6,381 | +38.3% |
| Trade debts | 44 | €515 | €3,021 | +€2,507 | +486.8% |
| Suppliers | 440/4 | €515 | €3,021 | +€2,507 | +486.8% |
| Taxes, remuneration and social security | 45 | €2,494 | €9,715 | +€7,221 | +289.5% |
| Taxes | 450/3 | €2,494 | €9,715 | +€7,221 | +289.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,204 | €11,875 | +€8,670 | +270.6% |
| Other operating charges | 640/8 | €419 | €527 | +€108 | +25.7% |
| Gross operating margin | 9900 | €49,515 | €97,014 | +€47,500 | +95.9% |
| Operating profit (loss) | 9901 | €45,891 | €84,612 | +€38,722 | +84.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €337 | €1,818 | +€1,482 | +440.2% |
| Recurring financial charges | 65 | €337 | €1,818 | +€1,482 | +440.2% |
| Profit (loss) for the period before taxes | 9903 | €45,554 | €82,794 | +€37,240 | +81.7% |
| Income taxes | 67/77 | €14,494 | €26,344 | +€11,849 | +81.7% |
| Profit (loss) for the period | 9904 | €31,060 | €56,451 | +€25,391 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,060 | €56,451 | +€25,391 | +81.7% |
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 9 October 2026 via checked.be.