ERPOPTIC: what changed
ERPOPTIC
Largest movements
- Cash +€9,925
up €9,925 (+25.6%), from €38,764 to €48,688
mainly Net result for the year (+€50,315) and Other debts (+€24,777)
- Tangible fixed assets +€7,728
up €7,728 (+5.6%), from €137,402 to €145,129
of which Furniture and vehicles: +€27,212
- Profit (loss) carried forward +€50,315
up €50,315 (+122%), from €41,182 to €91,498
- Debts after one year -€37,575
down €37,575 (-51.9%), from €72,388 to €34,814
- Other debts +€24,777
up €24,777 (+14,628%), from €169 to €24,946
- Tax, wage and social debts -€12,659
down €12,659 (-85.3%), from €14,849 to €2,190
of which Remuneration and social security: -€7,612
- Trade debts -€6,038
down €6,038 (-14.2%), from €42,508 to €36,470
- Staff costs -€20,572
down €20,572 (-31.4%), from €65,426 to €44,854
- Gross operating margin +€8,069
up €8,069 (+6.2%), from €130,270 to €138,339
- Taxes +€7,202
up €7,202 (+70.5%), from €10,218 to €17,420
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €248,046 | €267,493 | +€19,447 | +7.8% |
| Fixed assets | 21/28 | €142,040 | €149,768 | +€7,728 | +5.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €137,402 | €145,129 | +€7,728 | +5.6% |
| Land and buildings | 22 | €108,518 | €104,045 | -€4,474 | -4.1% |
| Plant, machinery and equipment | 23 | €28,215 | €13,205 | -€15,010 | -53.2% |
| Furniture and vehicles | 24 | €668 | €27,880 | +€27,212 | +4,071% |
| Financial fixed assets | 28 | €4,638 | €4,638 | = | 0.0% |
| Current assets | 29/58 | €106,006 | €117,725 | +€11,719 | +11.1% |
| Stocks and contracts in progress | 3 | €64,592 | €66,226 | +€1,634 | +2.5% |
| Stocks | 30/36 | €64,592 | €66,226 | +€1,634 | +2.5% |
| Amounts receivable within one year | 40/41 | €353 | €2,811 | +€2,458 | +695% |
| Trade receivables | 40 | €122 | - | -€122 | |
| Other amounts receivable | 41 | €231 | €2,811 | +€2,580 | +1,116% |
| Cash at bank and in hand | 54/58 | €38,764 | €48,688 | +€9,925 | +25.6% |
| Deferred charges and accrued income | 490/1 | €2,297 | - | -€2,297 | |
| Total equity and liabilities | 10/49 | €248,046 | €267,493 | +€19,447 | +7.8% |
| Equity | 10/15 | €81,182 | €131,498 | +€50,315 | +62.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,182 | €91,498 | +€50,315 | +122% |
| Amounts payable | 17/49 | €166,864 | €135,995 | -€30,869 | -18.5% |
| Amounts payable after more than one year | 17 | €72,388 | €34,814 | -€37,575 | -51.9% |
| Financial debts | 170/4 | €72,388 | €34,814 | -€37,575 | -51.9% |
| Amounts payable within one year | 42/48 | €94,475 | €101,181 | +€6,706 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €36,949 | €37,575 | +€626 | +1.7% |
| Trade debts | 44 | €42,508 | €36,470 | -€6,038 | -14.2% |
| Suppliers | 440/4 | €42,508 | €36,470 | -€6,038 | -14.2% |
| Taxes, remuneration and social security | 45 | €14,849 | €2,190 | -€12,659 | -85.3% |
| Taxes | 450/3 | €7,237 | €2,190 | -€5,047 | -69.7% |
| Remuneration and social security | 454/9 | €7,612 | - | -€7,612 | |
| Other amounts payable | 47/48 | €169 | €24,946 | +€24,777 | +14,628% |
| Remuneration, social security and pensions | 62 | €65,426 | €44,854 | -€20,572 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,039 | €19,964 | -€75 | -0.4% |
| Other operating charges | 640/8 | €3,124 | €2,931 | -€193 | -6.2% |
| Gross operating margin | 9900 | €130,270 | €138,339 | +€8,069 | +6.2% |
| Operating profit (loss) | 9901 | €41,681 | €70,589 | +€28,908 | +69.4% |
| Financial charges | 65/66B | €3,318 | €2,854 | -€464 | -14.0% |
| Recurring financial charges | 65 | €3,318 | €2,854 | -€464 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €38,363 | €67,736 | +€29,373 | +76.6% |
| Income taxes | 67/77 | €10,218 | €17,420 | +€7,202 | +70.5% |
| Profit (loss) for the period | 9904 | €28,145 | €50,315 | +€22,170 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,145 | €50,315 | +€22,170 | +78.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.