Erva Verwarming: 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.
Erva Verwarming
Largest movements
- Receivables within one year +€21,816
up €21,816 (+38.3%), from €56,987 to €78,803
of which Other amounts receivable: +€30,001
- Cash -€9,930
down €9,930 (-32.7%), from €30,380 to €20,449
mainly Contributions, distributions and other (-€45,000) and Investment in fixed assets (net) (-€25,257)
- Tangible fixed assets -€8,846
down €8,846 (-36.1%), from €24,504 to €15,658
of which Other tangible fixed assets: -€5,230
- Tax, wage and social debts +€11,703
up €11,703 (+75.8%), from €15,441 to €27,144
- Debts after one year -€7,792
down €7,792 (-44.0%), from €17,725 to €9,932
- Profit (loss) carried forward +€7,070
up €7,070 (+4.1%), from €172,003 to €179,074
- Gross operating margin +€34,490
up €34,490 (+49.5%), from €69,739 to €104,229
- Depreciation +€25,299
up €25,299 (+287%), from €8,803 to €34,103
- Taxes +€1,227
up €1,227 (+9.3%), from €13,158 to €14,385
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 | €532,644 | €539,438 | +€6,793 | +1.3% |
| Fixed assets | 21/28 | €444,504 | €435,658 | -€8,846 | -2.0% |
| Tangible fixed assets | 22/27 | €24,504 | €15,658 | -€8,846 | -36.1% |
| Furniture and vehicles | 24 | €8,700 | €5,084 | -€3,616 | -41.6% |
| Other tangible fixed assets | 26 | €15,804 | €10,573 | -€5,230 | -33.1% |
| Financial fixed assets | 28 | €420,000 | €420,000 | = | 0.0% |
| Current assets | 29/58 | €88,141 | €103,780 | +€15,639 | +17.7% |
| Amounts receivable within one year | 40/41 | €56,987 | €78,803 | +€21,816 | +38.3% |
| Trade receivables | 40 | €56,987 | €48,801 | -€8,186 | -14.4% |
| Other amounts receivable | 41 | - | €30,001 | +€30,001 | |
| Cash at bank and in hand | 54/58 | €30,380 | €20,449 | -€9,930 | -32.7% |
| Deferred charges and accrued income | 490/1 | €774 | €4,528 | +€3,754 | +485% |
| Total equity and liabilities | 10/49 | €532,644 | €539,438 | +€6,793 | +1.3% |
| Equity | 10/15 | €477,463 | €484,534 | +€7,070 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €286,860 | €286,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €60,000 | +€60,000 | |
| Other | 1319 | - | €60,000 | +€60,000 | |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €249,360 | €189,360 | -€60,000 | -24.1% |
| Profit (loss) carried forward | 14 | €172,003 | €179,074 | +€7,070 | +4.1% |
| Amounts payable | 17/49 | €55,181 | €54,904 | -€277 | -0.5% |
| Amounts payable after more than one year | 17 | €17,725 | €9,932 | -€7,792 | -44.0% |
| Financial debts | 170/4 | €17,725 | €9,932 | -€7,792 | -44.0% |
| Amounts payable within one year | 42/48 | €37,456 | €44,971 | +€7,515 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €15,201 | €15,320 | +€119 | +0.8% |
| Trade debts | 44 | €6,600 | €1,539 | -€5,061 | -76.7% |
| Suppliers | 440/4 | €6,600 | €1,539 | -€5,061 | -76.7% |
| Taxes, remuneration and social security | 45 | €15,441 | €27,144 | +€11,703 | +75.8% |
| Taxes | 450/3 | €15,441 | €27,144 | +€11,703 | +75.8% |
| Other amounts payable | 47/48 | €215 | €969 | +€754 | +351% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,803 | €34,103 | +€25,299 | +287% |
| Other operating charges | 640/8 | €532 | €677 | +€145 | +27.3% |
| Gross operating margin | 9900 | €69,739 | €104,229 | +€34,490 | +49.5% |
| Operating profit (loss) | 9901 | €60,404 | €69,450 | +€9,046 | +15.0% |
| Financial charges | 65/66B | €3,313 | €2,995 | -€318 | -9.6% |
| Recurring financial charges | 65 | €3,313 | €2,995 | -€318 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €57,091 | €66,455 | +€9,364 | +16.4% |
| Income taxes | 67/77 | €13,158 | €14,385 | +€1,227 | +9.3% |
| Profit (loss) for the period | 9904 | €43,933 | €52,070 | +€8,137 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,933 | €52,070 | +€8,137 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.