ERSYS: 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.
ERSYS
Largest movements
- Receivables within one year -€65,549
down €65,549 (-45.9%), from €142,679 to €77,130
of which Trade receivables: -€65,316
- Deferred charges and accrued income +€40,552
up €40,552 (+2611.3%), from €1,553 to €42,105
- Stocks and contracts +€19,616
up €19,616 (+26.0%), from €75,469 to €95,085
- Trade debts -€19,831
down €19,831 (-17.8%), from €111,554 to €91,723
- Other debts +€7,820
up €7,820 (+44.9%), from €17,435 to €25,255
- Tax, wage and social debts +€3,502
up €3,502 (+12.2%), from €28,780 to €32,282
- Gross operating margin -€13,469
down €13,469 (-65.6%), from €20,532 to €7,063
- Other operating charges -€10,960
down €10,960 (-96.5%), from €11,355 to €396
- Depreciation +€1,253
up €1,253 (+67.9%), from €1,846 to €3,099
- Write-downs +€1,110
no longer reported in 2025 (was -€1,110)
- Taxes -€1,013
down €1,013 (-89.7%), from €1,129 to €117
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 | €227,835 | €221,386 | -€6,449 | -2.8% |
| Fixed assets | 21/28 | €7,906 | €5,842 | -€2,064 | -26.1% |
| Tangible fixed assets | 22/27 | €7,656 | €5,592 | -€2,064 | -27.0% |
| Plant, machinery and equipment | 23 | €1,431 | €1,115 | -€316 | -22.1% |
| Furniture and vehicles | 24 | €6,225 | €4,477 | -€1,748 | -28.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €219,929 | €215,544 | -€4,385 | -2.0% |
| Stocks and contracts in progress | 3 | €75,469 | €95,085 | +€19,616 | +26.0% |
| Stocks | 30/36 | €75,469 | €95,085 | +€19,616 | +26.0% |
| Amounts receivable within one year | 40/41 | €142,679 | €77,130 | -€65,549 | -45.9% |
| Trade receivables | 40 | €142,373 | €77,058 | -€65,316 | -45.9% |
| Other amounts receivable | 41 | €305 | €72 | -€233 | -76.4% |
| Cash at bank and in hand | 54/58 | €228 | €1,225 | +€996 | +436.7% |
| Deferred charges and accrued income | 490/1 | €1,553 | €42,105 | +€40,552 | +2611.3% |
| Total equity and liabilities | 10/49 | €227,835 | €221,386 | -€6,449 | -2.8% |
| Equity | 10/15 | €61,215 | €61,564 | +€349 | +0.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,590 | €40,939 | +€349 | +0.9% |
| Amounts payable | 17/49 | €166,619 | €159,821 | -€6,798 | -4.1% |
| Amounts payable within one year | 42/48 | €166,619 | €159,821 | -€6,798 | -4.1% |
| Financial debts | 43 | €8,850 | €10,561 | +€1,711 | +19.3% |
| Credit institutions | 430/8 | €8,850 | €10,561 | +€1,711 | +19.3% |
| Trade debts | 44 | €111,554 | €91,723 | -€19,831 | -17.8% |
| Suppliers | 440/4 | €111,554 | €91,723 | -€19,831 | -17.8% |
| Taxes, remuneration and social security | 45 | €28,780 | €32,282 | +€3,502 | +12.2% |
| Taxes | 450/3 | €28,780 | €32,282 | +€3,502 | +12.2% |
| Other amounts payable | 47/48 | €17,435 | €25,255 | +€7,820 | +44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,846 | €3,099 | +€1,253 | +67.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,110 | - | +€1,110 | |
| Other operating charges | 640/8 | €11,355 | €396 | -€10,960 | -96.5% |
| Gross operating margin | 9900 | €20,532 | €7,063 | -€13,469 | -65.6% |
| Operating profit (loss) | 9901 | €8,440 | €3,568 | -€4,872 | -57.7% |
| Financial income | 75/76B | €0 | €63 | +€63 | +14931.0% |
| Recurring financial income | 75 | €0 | €63 | +€63 | +14931.0% |
| Financial charges | 65/66B | €3,018 | €3,165 | +€147 | +4.9% |
| Recurring financial charges | 65 | €3,018 | €3,165 | +€147 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €5,423 | €466 | -€4,957 | -91.4% |
| Income taxes | 67/77 | €1,129 | €117 | -€1,013 | -89.7% |
| Profit (loss) for the period | 9904 | €4,293 | €349 | -€3,944 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,293 | €349 | -€3,944 | -91.9% |
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 12 October 2026 via checked.be.