ERVAST: what changed
Two fiscal 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.
ERVAST
Largest movements
- Cash -€3,426
down €3,426 (-66.9%), from €5,123 to €1,696
mainly Net result for the year (-€8,697) and Tax, wage and social debts (-€1,896)
- Receivables within one year -€2,154
down €2,154 (-18.6%), from €11,573 to €9,419
of which Other amounts receivable: -€3,424
- Intangible fixed assets -€610
down €610 (-70.9%), from €860 to €251
- Tangible fixed assets -€226
down €226 (-27.1%), from €834 to €608
- Profit (loss) carried forward -€8,697
down €8,697 (-897.0%), from -€970 to -€9,667
- Other debts +€5,460
new in 2025: €5,460
- Tax, wage and social debts -€1,896
down €1,896 (-18.8%), from €10,112 to €8,215
- Trade debts -€1,342
down €1,342 (-29.3%), from €4,582 to €3,240
- Gross operating margin -€11,503
down €11,503, from €4,756 to -€6,747
- Taxes -€2,071
down €2,071 (-100.0%), from €2,071 to €0
- Other operating charges +€556
up €556 (+206.8%), from €269 to €825
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 | €18,693 | €12,217 | -€6,476 | -34.6% |
| Fixed assets | 21/28 | €1,695 | €858 | -€836 | -49.3% |
| Intangible fixed assets | 21 | €860 | €251 | -€610 | -70.9% |
| Tangible fixed assets | 22/27 | €834 | €608 | -€226 | -27.1% |
| Plant, machinery and equipment | 23 | €834 | €608 | -€226 | -27.1% |
| Current assets | 29/58 | €16,998 | €11,359 | -€5,640 | -33.2% |
| Amounts receivable within one year | 40/41 | €11,573 | €9,419 | -€2,154 | -18.6% |
| Trade receivables | 40 | €8,150 | €9,419 | +€1,270 | +15.6% |
| Other amounts receivable | 41 | €3,424 | €0 | -€3,424 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,123 | €1,696 | -€3,426 | -66.9% |
| Deferred charges and accrued income | 490/1 | €303 | €243 | -€60 | -19.7% |
| Total equity and liabilities | 10/49 | €18,693 | €12,217 | -€6,476 | -34.6% |
| Equity | 10/15 | €4,000 | -€4,697 | -€8,697 | |
| Contributions | 10/11 | €4,969 | €4,969 | = | 0.0% |
| Outside capital | 11 | €4,969 | - | -€4,969 | |
| Other | 1109/19 | €4,969 | - | -€4,969 | |
| Profit (loss) carried forward | 14 | -€970 | -€9,667 | -€8,697 | -897.0% |
| Amounts payable | 17/49 | €14,693 | €16,915 | +€2,221 | +15.1% |
| Amounts payable within one year | 42/48 | €14,693 | €16,915 | +€2,221 | +15.1% |
| Trade debts | 44 | €4,582 | €3,240 | -€1,342 | -29.3% |
| Suppliers | 440/4 | €4,582 | €3,240 | -€1,342 | -29.3% |
| Taxes, remuneration and social security | 45 | €10,112 | €8,215 | -€1,896 | -18.8% |
| Taxes | 450/3 | €10,112 | €8,215 | -€1,896 | -18.8% |
| Other amounts payable | 47/48 | - | €5,460 | +€5,460 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €836 | = | 0.0% |
| Other operating charges | 640/8 | €269 | €825 | +€556 | +206.8% |
| Gross operating margin | 9900 | €4,756 | -€6,747 | -€11,503 | |
| Operating profit (loss) | 9901 | €3,651 | -€8,408 | -€12,060 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €265 | €289 | +€24 | +9.0% |
| Recurring financial charges | 65 | €265 | €289 | +€24 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €3,386 | -€8,697 | -€12,083 | |
| Income taxes | 67/77 | €2,071 | €0 | -€2,071 | -100.0% |
| Profit (loss) for the period | 9904 | €1,315 | -€8,697 | -€10,013 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,315 | -€8,697 | -€10,013 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.