ErsoTech: 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.
ErsoTech
Largest movements
- Tangible fixed assets -€6,590
down €6,590 (-25.7%), from €25,611 to €19,021
of which Furniture and vehicles: -€5,556
- Cash -€752
down €752 (-99.0%), from €759 to €7
mainly Net result for the year (-€5,955) and Tax, wage and social debts (-€1,787)
- Deferred charges and accrued income +€642
up €642 (+116%), from €553 to €1,195
- Financial fixed assets -€500
no longer reported in 2025 (was €500)
- Receivables within one year -€477
down €477 (-7.9%), from €6,071 to €5,594
of which Other amounts receivable: -€2,590
- Profit (loss) carried forward -€5,955
down €5,955 (-26.4%), from -€22,558 to -€28,513
- Tax, wage and social debts -€1,787
down €1,787 (-77.9%), from €2,293 to €506
of which Remuneration and social security: -€1,747
- Trade debts +€1,418
up €1,418 (+66.2%), from €2,140 to €3,557
- Other debts -€1,285
down €1,285 (-2.8%), from €45,275 to €43,990
- Gross operating margin -€20,814
down €20,814 (-96.6%), from €21,555 to €741
- Staff costs -€5,830
down €5,830, from €5,809 to -€22
- Depreciation -€227
down €227 (-3.3%), from €6,817 to €6,590
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 | €33,494 | €25,818 | -€7,676 | -22.9% |
| Fixed assets | 21/28 | €26,111 | €19,021 | -€7,090 | -27.2% |
| Tangible fixed assets | 22/27 | €25,611 | €19,021 | -€6,590 | -25.7% |
| Land and buildings | 22 | €3,930 | €3,350 | -€580 | -14.8% |
| Plant, machinery and equipment | 23 | €2,365 | €1,911 | -€454 | -19.2% |
| Furniture and vehicles | 24 | €19,316 | €13,761 | -€5,556 | -28.8% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €7,383 | €6,797 | -€586 | -7.9% |
| Amounts receivable within one year | 40/41 | €6,071 | €5,594 | -€477 | -7.9% |
| Trade receivables | 40 | €1,715 | €3,828 | +€2,113 | +123% |
| Other amounts receivable | 41 | €4,356 | €1,766 | -€2,590 | -59.5% |
| Cash at bank and in hand | 54/58 | €759 | €7 | -€752 | -99.0% |
| Deferred charges and accrued income | 490/1 | €553 | €1,195 | +€642 | +116% |
| Total equity and liabilities | 10/49 | €33,494 | €25,818 | -€7,676 | -22.9% |
| Equity | 10/15 | -€16,358 | -€22,313 | -€5,955 | -36.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,558 | -€28,513 | -€5,955 | -26.4% |
| Amounts payable | 17/49 | €49,851 | €48,131 | -€1,721 | -3.5% |
| Amounts payable within one year | 42/48 | €49,851 | €48,131 | -€1,721 | -3.5% |
| Financial debts | 43 | €144 | €78 | -€66 | -45.8% |
| Other loans | 439 | €144 | €78 | -€66 | -45.8% |
| Trade debts | 44 | €2,140 | €3,557 | +€1,418 | +66.2% |
| Suppliers | 440/4 | €2,140 | €3,557 | +€1,418 | +66.2% |
| Taxes, remuneration and social security | 45 | €2,293 | €506 | -€1,787 | -77.9% |
| Taxes | 450/3 | €546 | €506 | -€40 | -7.3% |
| Remuneration and social security | 454/9 | €1,747 | - | -€1,747 | |
| Other amounts payable | 47/48 | €45,275 | €43,990 | -€1,285 | -2.8% |
| Remuneration, social security and pensions | 62 | €5,809 | -€22 | -€5,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,817 | €6,590 | -€227 | -3.3% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €21,555 | €741 | -€20,814 | -96.6% |
| Operating profit (loss) | 9901 | €8,803 | -€5,955 | -€14,759 | |
| Financial charges | 65/66B | €92 | - | -€92 | |
| Recurring financial charges | 65 | €92 | - | -€92 | |
| Profit (loss) for the period before taxes | 9903 | €8,711 | -€5,955 | -€14,666 | |
| Profit (loss) for the period | 9904 | €8,711 | -€5,955 | -€14,666 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,711 | -€5,955 | -€14,666 |
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 17 October 2026 via checked.be.