ERCUL: what changed
ERCUL
Largest movements
- Receivables within one year +€9,933
up €9,933 (+28.2%), from €35,232 to €45,165
of which Other amounts receivable: +€6,040
- Stocks and contracts +€9,326
new in 2023: €9,326
- Deferred charges and accrued income -€3,246
down €3,246 (-90.6%), from €3,583 to €337
- Cash -€954
down €954 (-48.4%), from €1,971 to €1,017
- Profit (loss) carried forward +€28,675
up €28,675, from -€810 to €27,865
- Trade debts -€23,218
down €23,218 (-88.0%), from €26,372 to €3,154
- Tax, wage and social debts +€12,152
up €12,152 (+195%), from €6,235 to €18,387
of which Taxes: +€11,947
- Other debts -€2,162
down €2,162 (-28.2%), from €7,667 to €5,505
- Staff costs -€42,727
down €42,727 (-66.7%), from €64,028 to €21,301
- Gross operating margin -€16,245
down €16,245 (-23.4%), from €69,362 to €53,117
- Other operating charges +€8,001
up €8,001 (+171%), from €4,675 to €12,676
- Taxes +€4,640
new in 2023: €4,640
- Depreciation +€2,312
up €2,312 (+163%), from €1,422 to €3,734
Change in the result, 2021 to 2023
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
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,464 | €64,911 | +€15,447 | +31.2% |
| Fixed assets | 21/28 | €8,678 | €9,066 | +€388 | +4.5% |
| Tangible fixed assets | 22/27 | €8,678 | €9,066 | +€388 | +4.5% |
| Furniture and vehicles | 24 | €8,678 | €9,066 | +€388 | +4.5% |
| Current assets | 29/58 | €40,786 | €55,845 | +€15,059 | +36.9% |
| Stocks and contracts in progress | 3 | - | €9,326 | +€9,326 | |
| Stocks | 30/36 | - | €9,326 | +€9,326 | |
| Amounts receivable within one year | 40/41 | €35,232 | €45,165 | +€9,933 | +28.2% |
| Trade receivables | 40 | €34,232 | €38,125 | +€3,893 | +11.4% |
| Other amounts receivable | 41 | €1,000 | €7,040 | +€6,040 | +604% |
| Cash at bank and in hand | 54/58 | €1,971 | €1,017 | -€954 | -48.4% |
| Deferred charges and accrued income | 490/1 | €3,583 | €337 | -€3,246 | -90.6% |
| Total equity and liabilities | 10/49 | €49,464 | €64,911 | +€15,447 | +31.2% |
| Equity | 10/15 | €9,190 | €37,865 | +€28,675 | +312% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€810 | €27,865 | +€28,675 | |
| Amounts payable | 17/49 | €40,274 | €27,046 | -€13,228 | -32.8% |
| Amounts payable within one year | 42/48 | €40,274 | €27,046 | -€13,228 | -32.8% |
| Trade debts | 44 | €26,372 | €3,154 | -€23,218 | -88.0% |
| Suppliers | 440/4 | €26,372 | €3,154 | -€23,218 | -88.0% |
| Taxes, remuneration and social security | 45 | €6,235 | €18,387 | +€12,152 | +195% |
| Taxes | 450/3 | €4,821 | €16,768 | +€11,947 | +248% |
| Remuneration and social security | 454/9 | €1,414 | €1,619 | +€205 | +14.5% |
| Other amounts payable | 47/48 | €7,667 | €5,505 | -€2,162 | -28.2% |
| Remuneration, social security and pensions | 62 | €64,028 | €21,301 | -€42,727 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,422 | €3,734 | +€2,312 | +163% |
| Other operating charges | 640/8 | €4,675 | €12,676 | +€8,001 | +171% |
| Gross operating margin | 9900 | €69,362 | €53,117 | -€16,245 | -23.4% |
| Operating profit (loss) | 9901 | -€763 | €15,406 | +€16,169 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +300% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +300% |
| Financial charges | 65/66B | €48 | €437 | +€389 | +810% |
| Recurring financial charges | 65 | €48 | €437 | +€389 | +810% |
| Profit (loss) for the period before taxes | 9903 | -€810 | €14,973 | +€15,783 | |
| Income taxes | 67/77 | - | €4,640 | +€4,640 | |
| Profit (loss) for the period | 9904 | -€810 | €10,333 | +€11,143 | |
| Profit (loss) for the period to be appropriated | 9905 | -€810 | €10,333 | +€11,143 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.