ERUCO: 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.
ERUCO
Largest movements
- Receivables within one year -€888
down €888 (-2.6%), from €34,671 to €33,784
- Trade debts -€790
down €790 (-60.0%), from €1,318 to €528
- Gross operating margin +€53
up €53 (+7.2%), from €727 to €779
- Other operating charges +€14
up €14 (+2.3%), from €613 to €628
- Taxes +€9
up €9 (+97.4%), from €10 to €19
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 | €34,716 | €33,865 | -€851 | -2.5% |
| Current assets | 29/58 | €34,716 | €33,865 | -€851 | -2.5% |
| Amounts receivable within one year | 40/41 | €34,671 | €33,784 | -€888 | -2.6% |
| Other amounts receivable | 41 | €34,671 | €33,784 | -€888 | -2.6% |
| Cash at bank and in hand | 54/58 | €45 | €82 | +€37 | +82.3% |
| Total equity and liabilities | 10/49 | €34,716 | €33,865 | -€851 | -2.5% |
| Equity | 10/15 | €33,257 | €33,309 | +€52 | +0.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,852 | €12,904 | +€52 | +0.4% |
| Amounts payable | 17/49 | €1,459 | €556 | -€903 | -61.9% |
| Amounts payable within one year | 42/48 | €1,459 | €556 | -€903 | -61.9% |
| Trade debts | 44 | €1,318 | €528 | -€790 | -60.0% |
| Suppliers | 440/4 | €1,318 | €528 | -€790 | -60.0% |
| Taxes, remuneration and social security | 45 | €141 | €29 | -€113 | -79.8% |
| Taxes | 450/3 | €141 | €29 | -€113 | -79.8% |
| Other operating charges | 640/8 | €613 | €628 | +€14 | +2.3% |
| Gross operating margin | 9900 | €727 | €779 | +€53 | +7.2% |
| Operating profit (loss) | 9901 | €113 | €152 | +€38 | +33.7% |
| Financial charges | 65/66B | €78 | €81 | +€2 | +3.2% |
| Recurring financial charges | 65 | €78 | €81 | +€2 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €35 | €71 | +€36 | +101% |
| Income taxes | 67/77 | €10 | €19 | +€9 | +97.4% |
| Profit (loss) for the period | 9904 | €26 | €52 | +€26 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €26 | €52 | +€26 | +103% |
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 1 November 2026 via checked.be.