E.L.C. Lighting: 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.C. Lighting
Largest movements
- Current investments -€100,000
down €100,000 (-14.7%), from €679,071 to €579,071
- Tangible fixed assets +€61,346
up €61,346 (+52.4%), from €117,035 to €178,381
of which Furniture and vehicles: +€70,663
- Receivables within one year +€55,543
up €55,543 (+41.1%), from €135,024 to €190,567
of which Trade receivables: +€48,946
- Cash +€44,369
up €44,369 (+73.0%), from €60,753 to €105,123
mainly Current investments (+€100,000) and Net result for the year (+€47,947)
- Stocks and contracts -€14,948
down €14,948 (-26.4%), from €56,628 to €41,680
of which Stocks: -€15,918
- Reserves +€47,947
up €47,947 (+9.4%), from €510,703 to €558,649
of which Distributable reserves: +€47,947
- Trade debts +€32,008
up €32,008 (+29.7%), from €107,861 to €139,869
- Other debts -€12,415
down €12,415 (-4.4%), from €283,179 to €270,763
- Gross operating margin -€40,526
down €40,526 (-17.1%), from €236,878 to €196,352
- Depreciation +€17,180
up €17,180 (+75.3%), from €22,807 to €39,988
- Staff costs -€8,843
down €8,843 (-9.7%), from €91,312 to €82,469
- Taxes -€8,435
down €8,435 (-31.6%), from €26,664 to €18,229
- Financial income +€8,363
up €8,363 (+114%), from €7,363 to €15,726
of which Financial income: +€7,015
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 | €1,048,526 | €1,106,543 | +€58,017 | +5.5% |
| Fixed assets | 21/28 | €117,035 | €178,381 | +€61,346 | +52.4% |
| Tangible fixed assets | 22/27 | €117,035 | €178,381 | +€61,346 | +52.4% |
| Land and buildings | 22 | €87,154 | €77,837 | -€9,317 | -10.7% |
| Furniture and vehicles | 24 | €29,881 | €100,544 | +€70,663 | +236% |
| Current assets | 29/58 | €931,491 | €928,161 | -€3,329 | -0.4% |
| Stocks and contracts in progress | 3 | €56,628 | €41,680 | -€14,948 | -26.4% |
| Stocks | 30/36 | €52,081 | €36,163 | -€15,918 | -30.6% |
| Contracts in progress | 37 | €4,547 | €5,517 | +€970 | +21.3% |
| Amounts receivable within one year | 40/41 | €135,024 | €190,567 | +€55,543 | +41.1% |
| Trade receivables | 40 | €134,668 | €183,613 | +€48,946 | +36.3% |
| Other amounts receivable | 41 | €356 | €6,954 | +€6,598 | +1,855% |
| Current investments | 50/53 | €679,071 | €579,071 | -€100,000 | -14.7% |
| Cash at bank and in hand | 54/58 | €60,753 | €105,123 | +€44,369 | +73.0% |
| Deferred charges and accrued income | 490/1 | €15 | €11,721 | +€11,706 | +77,422% |
| Total equity and liabilities | 10/49 | €1,048,526 | €1,106,543 | +€58,017 | +5.5% |
| Equity | 10/15 | €629,303 | €677,249 | +€47,947 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €510,703 | €558,649 | +€47,947 | +9.4% |
| Non-distributable reserves | 130/1 | €267,282 | €267,282 | = | 0.0% |
| Own shares acquired | 1312 | €267,282 | €267,282 | = | 0.0% |
| Distributable reserves | 133 | €243,421 | €291,367 | +€47,947 | +19.7% |
| Amounts payable | 17/49 | €419,223 | €429,293 | +€10,070 | +2.4% |
| Amounts payable within one year | 42/48 | €419,223 | €429,293 | +€10,070 | +2.4% |
| Trade debts | 44 | €107,861 | €139,869 | +€32,008 | +29.7% |
| Suppliers | 440/4 | €107,861 | €139,869 | +€32,008 | +29.7% |
| Taxes, remuneration and social security | 45 | €28,184 | €18,661 | -€9,523 | -33.8% |
| Taxes | 450/3 | €7,510 | €3,934 | -€3,576 | -47.6% |
| Remuneration and social security | 454/9 | €20,673 | €14,727 | -€5,947 | -28.8% |
| Other amounts payable | 47/48 | €283,179 | €270,763 | -€12,415 | -4.4% |
| Remuneration, social security and pensions | 62 | €91,312 | €82,469 | -€8,843 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,807 | €39,988 | +€17,180 | +75.3% |
| Other operating charges | 640/8 | €3,581 | €2,877 | -€704 | -19.7% |
| Gross operating margin | 9900 | €236,878 | €196,352 | -€40,526 | -17.1% |
| Operating profit (loss) | 9901 | €119,178 | €71,019 | -€48,159 | -40.4% |
| Financial income | 75/76B | €7,363 | €15,726 | +€8,363 | +114% |
| Recurring financial income | 75 | €7,363 | €14,378 | +€7,015 | +95.3% |
| Non-recurring financial income | 76B | - | €1,348 | +€1,348 | |
| Financial charges | 65/66B | €17,890 | €20,569 | +€2,679 | +15.0% |
| Recurring financial charges | 65 | €17,890 | €20,569 | +€2,679 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €108,651 | €66,176 | -€42,476 | -39.1% |
| Income taxes | 67/77 | €26,664 | €18,229 | -€8,435 | -31.6% |
| Profit (loss) for the period | 9904 | €81,988 | €47,947 | -€34,041 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,988 | €47,947 | -€34,041 | -41.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.