E&L: 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.
E&L
Largest movements
- Receivables within one year +€30,478
up €30,478 (+329%), from €9,255 to €39,733
of which Other amounts receivable: +€27,896
- Deferred charges and accrued income +€832
new in 2025: €832
- Profit (loss) carried forward +€28,629
up €28,629 (+85.8%), from -€33,386 to -€4,757
- Trade debts +€4,876
up €4,876 (+29.9%), from €16,315 to €21,191
- Tax, wage and social debts -€1,862
down €1,862 (-24.7%), from €7,550 to €5,688
of which Remuneration and social security: -€3,644
- Other debts -€477
no longer reported in 2025 (was €477)
- Gross operating margin +€10,520
up €10,520 (+30.5%), from €34,458 to €44,978
- Staff costs -€8,956
down €8,956 (-35.8%), from €25,044 to €16,088
- Other operating charges -€872
down €872 (-64.5%), from €1,352 to €480
- Financial income +€738
up €738 (+783%), from €94 to €832
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 | €9,557 | €40,722 | +€31,166 | +326% |
| Current assets | 29/58 | €9,557 | €40,722 | +€31,166 | +326% |
| Amounts receivable within one year | 40/41 | €9,255 | €39,733 | +€30,478 | +329% |
| Trade receivables | 40 | €7,755 | €10,338 | +€2,583 | +33.3% |
| Other amounts receivable | 41 | €1,500 | €29,396 | +€27,896 | +1,860% |
| Cash at bank and in hand | 54/58 | €302 | €157 | -€145 | -48.0% |
| Deferred charges and accrued income | 490/1 | - | €832 | +€832 | |
| Total equity and liabilities | 10/49 | €9,557 | €40,722 | +€31,166 | +326% |
| Equity | 10/15 | -€14,786 | €13,843 | +€28,629 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,386 | -€4,757 | +€28,629 | +85.8% |
| Amounts payable | 17/49 | €24,343 | €26,879 | +€2,537 | +10.4% |
| Amounts payable within one year | 42/48 | €24,343 | €26,879 | +€2,537 | +10.4% |
| Trade debts | 44 | €16,315 | €21,191 | +€4,876 | +29.9% |
| Suppliers | 440/4 | €16,315 | €21,191 | +€4,876 | +29.9% |
| Taxes, remuneration and social security | 45 | €7,550 | €5,688 | -€1,862 | -24.7% |
| Taxes | 450/3 | €3,189 | €4,971 | +€1,782 | +55.9% |
| Remuneration and social security | 454/9 | €4,361 | €717 | -€3,644 | -83.6% |
| Other amounts payable | 47/48 | €477 | - | -€477 | |
| Remuneration, social security and pensions | 62 | €25,044 | €16,088 | -€8,956 | -35.8% |
| Other operating charges | 640/8 | €1,352 | €480 | -€872 | -64.5% |
| Gross operating margin | 9900 | €34,458 | €44,978 | +€10,520 | +30.5% |
| Operating profit (loss) | 9901 | €8,062 | €28,409 | +€20,348 | +252% |
| Financial income | 75/76B | €94 | €832 | +€738 | +783% |
| Recurring financial income | 75 | €94 | €832 | +€738 | +783% |
| Financial charges | 65/66B | €324 | €613 | +€289 | +89.2% |
| Recurring financial charges | 65 | €324 | €613 | +€289 | +89.2% |
| Profit (loss) for the period before taxes | 9903 | €7,832 | €28,629 | +€20,797 | +266% |
| Profit (loss) for the period | 9904 | €7,832 | €28,629 | +€20,797 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €7,832 | €28,629 | +€20,797 | +266% |
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 31 October 2026 via checked.be.