LERHO ERIC: what changed
LERHO ERIC
Largest movements
- Receivables within one year -€21,492
down €21,492 (-5.1%), from €422,666 to €401,174
of which Other amounts receivable: -€21,876
- Tangible fixed assets -€12,103
down €12,103 (-21.0%), from €57,709 to €45,606
of which Furniture and vehicles: -€7,716
- Cash +€5,841
up €5,841 (+74.8%), from €7,804 to €13,645
mainly Net result for the year (+€29,909) and Receivables within one year (+€21,492)
- Profit (loss) carried forward -€49,991
down €49,991 (-13.0%), from €384,342 to €334,351
- Reserves +€29,900
up €29,900 (+102%), from €29,359 to €59,259
of which Distributable reserves: +€29,900
- Tax, wage and social debts -€8,180
down €8,180 (-67.1%), from €12,199 to €4,019
- Depreciation -€2,612
down €2,612 (-23.4%), from €11,150 to €8,538
- Financial income -€1,687
no longer reported in 2026 (was €1,687)
- Taxes -€680
down €680 (-5.6%), from €12,199 to €11,519
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,180 | €460,425 | -€27,755 | -5.7% |
| Fixed assets | 21/28 | €57,709 | €45,606 | -€12,103 | -21.0% |
| Tangible fixed assets | 22/27 | €57,709 | €45,606 | -€12,103 | -21.0% |
| Land and buildings | 22 | €45,542 | €41,154 | -€4,388 | -9.6% |
| Furniture and vehicles | 24 | €12,167 | €4,451 | -€7,716 | -63.4% |
| Current assets | 29/58 | €430,470 | €414,819 | -€15,651 | -3.6% |
| Amounts receivable within one year | 40/41 | €422,666 | €401,174 | -€21,492 | -5.1% |
| Trade receivables | 40 | - | €383 | +€383 | |
| Other amounts receivable | 41 | €422,666 | €400,790 | -€21,876 | -5.2% |
| Cash at bank and in hand | 54/58 | €7,804 | €13,645 | +€5,841 | +74.8% |
| Total equity and liabilities | 10/49 | €488,180 | €460,425 | -€27,755 | -5.7% |
| Equity | 10/15 | €419,898 | €399,808 | -€20,091 | -4.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €29,359 | €59,259 | +€29,900 | +102% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €27,500 | €57,400 | +€29,900 | +109% |
| Profit (loss) carried forward | 14 | €384,342 | €334,351 | -€49,991 | -13.0% |
| Amounts payable | 17/49 | €68,281 | €60,617 | -€7,664 | -11.2% |
| Amounts payable within one year | 42/48 | €68,281 | €59,747 | -€8,534 | -12.5% |
| Financial debts | 43 | €16 | - | -€16 | |
| Credit institutions | 430/8 | €16 | - | -€16 | |
| Trade debts | 44 | €6,066 | €5,728 | -€338 | -5.6% |
| Suppliers | 440/4 | €6,066 | €5,728 | -€338 | -5.6% |
| Taxes, remuneration and social security | 45 | €12,199 | €4,019 | -€8,180 | -67.1% |
| Taxes | 450/3 | €12,199 | €4,019 | -€8,180 | -67.1% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €870 | +€870 | |
| Remuneration, social security and pensions | 62 | €387 | €412 | +€24 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,150 | €8,538 | -€2,612 | -23.4% |
| Other operating charges | 640/8 | €586 | €383 | -€203 | -34.6% |
| Gross operating margin | 9900 | €50,536 | €51,008 | +€471 | +0.9% |
| Operating profit (loss) | 9901 | €38,413 | €41,674 | +€3,261 | +8.5% |
| Financial income | 75/76B | €1,687 | - | -€1,687 | |
| Recurring financial income | 75 | €1,687 | - | -€1,687 | |
| Financial charges | 65/66B | €301 | €246 | -€55 | -18.3% |
| Recurring financial charges | 65 | €301 | €121 | -€180 | -59.8% |
| Non-recurring financial charges | 66B | - | €125 | +€125 | |
| Profit (loss) for the period before taxes | 9903 | €39,798 | €41,428 | +€1,630 | +4.1% |
| Income taxes | 67/77 | €12,199 | €11,519 | -€680 | -5.6% |
| Profit (loss) for the period | 9904 | €27,599 | €29,909 | +€2,310 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,599 | €29,909 | +€2,310 | +8.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.