Domein Elzenhof Development: what changed
What changed
Domein Elzenhof Development
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€5,625
2024 · €4,237-€9,862
Equity
€538,734
2024 · €544,358-€5,625
Cash
€25,941
2024 · €21,700+€4,242
Balance sheet total
€551,617
2024 · €565,044-€13,427
Largest movements
Assets
- Current investments -€150,000
down €150,000 (-42.9%), from €350,000 to €200,000
- Stocks and contracts +€117,746
up €117,746 (+79.0%), from €149,001 to €266,747
- Receivables within one year +€14,371
up €14,371 (+32.7%), from €43,925 to €58,296
Equity and liabilities
- Trade debts -€7,993
down €7,993 (-38.6%), from €20,686 to €12,693
Income statement
- Financial income -€5,391
down €5,391 (-66.1%), from €8,154 to €2,763
- Gross operating margin -€4,893
down €4,893 (-171%), from -€2,860 to -€7,753
- Other operating charges -€566
down €566 (-51.7%), from €1,094 to €528
- Taxes +€143
up €143, from -€89 to €54
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.
Result 2024
€4,237
Gross operating margin
-€4,893
Other operating charges
+€566
Financial income
-€5,391
Financial charges
-€0
Taxes
-€143
Result 2025
-€5,625
raises the resultlowers the result
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.
From operations
-€145,758
Investment
+€150,000
Financing
€0
Cash 2024
€21,700
From operations (derived)
-€145,758
Net result for the year
-€5,625
Stocks and contracts
-€117,746
Receivables within one year
-€14,371
Smaller working-capital items
-€25
Trade debts
-€7,993
Investment (derived)
+€150,000
Current investments
+€150,000
Cash 2025
€25,941
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €565,044 | €551,617 | -€13,427 | -2.4% |
| Current assets | 29/58 | €565,044 | €551,617 | -€13,427 | -2.4% |
| Stocks and contracts in progress | 3 | €149,001 | €266,747 | +€117,746 | +79.0% |
| Stocks | 30/36 | €149,001 | €266,747 | +€117,746 | +79.0% |
| Amounts receivable within one year | 40/41 | €43,925 | €58,296 | +€14,371 | +32.7% |
| Other amounts receivable | 41 | €43,925 | €58,296 | +€14,371 | +32.7% |
| Current investments | 50/53 | €350,000 | €200,000 | -€150,000 | -42.9% |
| Cash at bank and in hand | 54/58 | €21,700 | €25,941 | +€4,242 | +19.5% |
| Deferred charges and accrued income | 490/1 | €418 | €633 | +€215 | +51.3% |
| Total equity and liabilities | 10/49 | €565,044 | €551,617 | -€13,427 | -2.4% |
| Equity | 10/15 | €544,358 | €538,734 | -€5,625 | -1.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €379,358 | €373,734 | -€5,625 | -1.5% |
| Amounts payable | 17/49 | €20,686 | €12,883 | -€7,803 | -37.7% |
| Amounts payable within one year | 42/48 | €20,686 | €12,693 | -€7,993 | -38.6% |
| Trade debts | 44 | €20,686 | €12,693 | -€7,993 | -38.6% |
| Suppliers | 440/4 | €20,686 | €12,693 | -€7,993 | -38.6% |
| Accrued charges and deferred income | 492/3 | - | €190 | +€190 | |
| Other operating charges | 640/8 | €1,094 | €528 | -€566 | -51.7% |
| Gross operating margin | 9900 | -€2,860 | -€7,753 | -€4,893 | -171% |
| Operating profit (loss) | 9901 | -€3,954 | -€8,281 | -€4,327 | -109% |
| Financial income | 75/76B | €8,154 | €2,763 | -€5,391 | -66.1% |
| Recurring financial income | 75 | €8,154 | €2,763 | -€5,391 | -66.1% |
| Financial charges | 65/66B | €53 | €53 | +€0 | +0.6% |
| Recurring financial charges | 65 | €53 | €53 | +€0 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €4,148 | -€5,571 | -€9,718 | |
| Income taxes | 67/77 | -€89 | €54 | +€143 | |
| Profit (loss) for the period | 9904 | €4,237 | -€5,625 | -€9,862 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,237 | -€5,625 | -€9,862 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.