ERSOP: 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.
ERSOP
Largest movements
- Cash +€8,554
up €8,554 (+258.0%), from €3,315 to €11,869
mainly Net result for the year (+€9,510) and Trade debts (+€7,625)
- Receivables within one year +€5,222
up €5,222 (+342.1%), from €1,526 to €6,748
of which Other amounts receivable: +€3,704
- Tangible fixed assets +€5,026
up €5,026 (+889.9%), from €565 to €5,591
of which Furniture and vehicles: +€3,902
- Deferred charges and accrued income +€618
up €618 (+73.3%), from €844 to €1,462
- Trade debts +€7,625
new in 2025: €7,625
- Profit (loss) carried forward +€5,224
up €5,224 (+221.2%), from €2,362 to €7,586
- Tax, wage and social debts +€4,413
up €4,413 (+4572.9%), from €97 to €4,509
- Other debts +€4,286
new in 2025: €4,286
- Advances received -€1,863
down €1,863 (-75.2%), from €2,476 to €613
- Gross operating margin +€12,576
up €12,576 (+489.9%), from €2,567 to €15,143
- Taxes +€3,741
new in 2025: €3,741
- Other operating charges +€311
up €311 (+73.9%), from €421 to €732
- Financial charges -€280
down €280 (-25.2%), from €1,112 to €832
- Financial income -€188
down €188 (-36.7%), from €512 to €324
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 | €12,995 | €32,679 | +€19,685 | +151.5% |
| Fixed assets | 21/28 | €565 | €5,591 | +€5,026 | +889.9% |
| Tangible fixed assets | 22/27 | €565 | €5,591 | +€5,026 | +889.9% |
| Plant, machinery and equipment | 23 | - | €1,280 | +€1,280 | |
| Furniture and vehicles | 24 | €254 | €4,155 | +€3,902 | +1538.5% |
| Other tangible fixed assets | 26 | €311 | €156 | -€156 | -50.0% |
| Current assets | 29/58 | €12,430 | €27,088 | +€14,659 | +117.9% |
| Stocks and contracts in progress | 3 | €6,745 | €7,010 | +€265 | +3.9% |
| Stocks | 30/36 | €6,745 | €7,010 | +€265 | +3.9% |
| Amounts receivable within one year | 40/41 | €1,526 | €6,748 | +€5,222 | +342.1% |
| Trade receivables | 40 | €659 | €2,177 | +€1,518 | +230.2% |
| Other amounts receivable | 41 | €867 | €4,571 | +€3,704 | +427.3% |
| Cash at bank and in hand | 54/58 | €3,315 | €11,869 | +€8,554 | +258.0% |
| Deferred charges and accrued income | 490/1 | €844 | €1,462 | +€618 | +73.3% |
| Total equity and liabilities | 10/49 | €12,995 | €32,679 | +€19,685 | +151.5% |
| Equity | 10/15 | €10,422 | €15,646 | +€5,224 | +50.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,362 | €7,586 | +€5,224 | +221.2% |
| Amounts payable | 17/49 | €2,573 | €17,034 | +€14,461 | +562.1% |
| Amounts payable within one year | 42/48 | €2,573 | €17,034 | +€14,461 | +562.1% |
| Trade debts | 44 | - | €7,625 | +€7,625 | |
| Suppliers | 440/4 | - | €7,625 | +€7,625 | |
| Advances received on contracts in progress | 46 | €2,476 | €613 | -€1,863 | -75.2% |
| Taxes, remuneration and social security | 45 | €97 | €4,509 | +€4,413 | +4572.9% |
| Taxes | 450/3 | €97 | €4,509 | +€4,413 | +4572.9% |
| Other amounts payable | 47/48 | - | €4,286 | +€4,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €652 | +€119 | +22.3% |
| Other operating charges | 640/8 | €421 | €732 | +€311 | +73.9% |
| Gross operating margin | 9900 | €2,567 | €15,143 | +€12,576 | +489.9% |
| Operating profit (loss) | 9901 | €1,613 | €13,759 | +€12,146 | +753.2% |
| Financial income | 75/76B | €512 | €324 | -€188 | -36.7% |
| Recurring financial income | 75 | €512 | €324 | -€188 | -36.7% |
| Financial charges | 65/66B | €1,112 | €832 | -€280 | -25.2% |
| Recurring financial charges | 65 | €1,112 | €832 | -€280 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €1,013 | €13,251 | +€12,238 | +1208.6% |
| Income taxes | 67/77 | - | €3,741 | +€3,741 | |
| Profit (loss) for the period | 9904 | €1,013 | €9,510 | +€8,497 | +839.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,013 | €9,510 | +€8,497 | +839.2% |
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.