Exelmans Eric, ERKA: 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.
Exelmans Eric, ERKA
Largest movements
- Cash +€17,679
up €17,679 (+18.2%), from €97,119 to €114,798
mainly Stocks and contracts (+€15,649) and Net result for the year (+€6,463)
- Stocks and contracts -€15,649
down €15,649 (-73.7%), from €21,235 to €5,587
of which Contracts in progress: -€15,865
- Tangible fixed assets -€3,520
down €3,520 (-34.3%), from €10,274 to €6,754
of which Plant, machinery and equipment: -€2,319
- Receivables within one year -€2,236
down €2,236 (-2.6%), from €86,188 to €83,952
of which Trade receivables: -€32,679
- Other debts -€9,477
down €9,477 (-30.9%), from €30,627 to €21,150
- Profit (loss) carried forward +€6,463
up €6,463 (+15.5%), from -€41,568 to -€35,105
- Depreciation -€5,271
down €5,271 (-55.9%), from €9,424 to €4,153
- Gross operating margin -€4,125
down €4,125 (-24.9%), from €16,535 to €12,410
- Other operating charges +€478
up €478 (+64.6%), from €740 to €1,218
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 | €218,126 | €214,426 | -€3,701 | -1.7% |
| Fixed assets | 21/28 | €10,795 | €7,075 | -€3,720 | -34.5% |
| Tangible fixed assets | 22/27 | €10,274 | €6,754 | -€3,520 | -34.3% |
| Plant, machinery and equipment | 23 | €6,739 | €4,421 | -€2,319 | -34.4% |
| Other tangible fixed assets | 26 | €3,535 | €2,334 | -€1,201 | -34.0% |
| Financial fixed assets | 28 | €521 | €321 | -€200 | -38.4% |
| Current assets | 29/58 | €207,331 | €207,350 | +€19 | 0.0% |
| Stocks and contracts in progress | 3 | €21,235 | €5,587 | -€15,649 | -73.7% |
| Stocks | 30/36 | €5,371 | €5,587 | +€216 | +4.0% |
| Contracts in progress | 37 | €15,865 | - | -€15,865 | |
| Amounts receivable within one year | 40/41 | €86,188 | €83,952 | -€2,236 | -2.6% |
| Trade receivables | 40 | €79,636 | €46,956 | -€32,679 | -41.0% |
| Other amounts receivable | 41 | €6,552 | €36,996 | +€30,443 | +465% |
| Cash at bank and in hand | 54/58 | €97,119 | €114,798 | +€17,679 | +18.2% |
| Deferred charges and accrued income | 490/1 | €2,789 | €3,014 | +€225 | +8.1% |
| Total equity and liabilities | 10/49 | €218,126 | €214,426 | -€3,701 | -1.7% |
| Equity | 10/15 | €178,984 | €185,446 | +€6,463 | +3.6% |
| Contributions | 10/11 | €130,400 | €130,400 | = | 0.0% |
| Reserves | 13 | €90,152 | €90,152 | = | 0.0% |
| Distributable reserves | 133 | €90,152 | €90,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,568 | -€35,105 | +€6,463 | +15.5% |
| Amounts payable | 17/49 | €39,143 | €28,980 | -€10,163 | -26.0% |
| Amounts payable within one year | 42/48 | €39,143 | €28,980 | -€10,163 | -26.0% |
| Financial debts | 43 | €2,950 | €2,931 | -€18 | -0.6% |
| Credit institutions | 430/8 | €2,950 | €2,931 | -€18 | -0.6% |
| Trade debts | 44 | €5,527 | €4,899 | -€629 | -11.4% |
| Suppliers | 440/4 | €5,527 | €4,899 | -€629 | -11.4% |
| Taxes, remuneration and social security | 45 | €39 | - | -€39 | |
| Taxes | 450/3 | €39 | - | -€39 | |
| Other amounts payable | 47/48 | €30,627 | €21,150 | -€9,477 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,424 | €4,153 | -€5,271 | -55.9% |
| Other operating charges | 640/8 | €740 | €1,218 | +€478 | +64.6% |
| Gross operating margin | 9900 | €16,535 | €12,410 | -€4,125 | -24.9% |
| Operating profit (loss) | 9901 | €6,370 | €7,039 | +€668 | +10.5% |
| Financial income | 75/76B | €4 | €22 | +€19 | +525% |
| Recurring financial income | 75 | €4 | €22 | +€19 | +525% |
| Financial charges | 65/66B | €371 | €363 | -€8 | -2.2% |
| Recurring financial charges | 65 | €371 | €363 | -€8 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €6,003 | €6,698 | +€695 | +11.6% |
| Income taxes | 67/77 | €182 | €235 | +€53 | +29.4% |
| Profit (loss) for the period | 9904 | €5,821 | €6,463 | +€641 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,821 | €6,463 | +€641 | +11.0% |
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 1 November 2026 via checked.be.