E.L.H.E. BAZAR: what changed
E.L.H.E. BAZAR
Largest movements
- Cash +€22,444
up €22,444 (+31.7%), from €70,708 to €93,152
mainly Net result for the year (+€10,852) and Trade debts (+€6,344)
- Stocks and contracts -€3,153
down €3,153 (-15.5%), from €20,404 to €17,251
- Profit (loss) carried forward +€10,852
up €10,852 (+40.0%), from €27,143 to €37,995
- Trade debts +€6,344
up €6,344 (+35.6%), from €17,816 to €24,160
- Tax, wage and social debts +€2,727
up €2,727 (+9.1%), from €29,947 to €32,674
of which Remuneration and social security: +€7,626
- Gross operating margin +€9,933
up €9,933 (+16.5%), from €60,307 to €70,240
- Staff costs +€7,031
up €7,031 (+15.1%), from €46,648 to €53,679
- Financial charges -€1,513
down €1,513 (-56.4%), from €2,681 to €1,168
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 | €98,291 | €118,458 | +€20,167 | +20.5% |
| Fixed assets | 21/28 | €7,179 | €8,056 | +€876 | +12.2% |
| Tangible fixed assets | 22/27 | €1,337 | €2,213 | +€876 | +65.6% |
| Plant, machinery and equipment | 23 | - | €1,576 | +€1,576 | |
| Other tangible fixed assets | 26 | €1,337 | €637 | -€700 | -52.4% |
| Financial fixed assets | 28 | €5,842 | €5,842 | = | 0.0% |
| Current assets | 29/58 | €91,112 | €110,403 | +€19,291 | +21.2% |
| Stocks and contracts in progress | 3 | €20,404 | €17,251 | -€3,153 | -15.5% |
| Stocks | 30/36 | €20,404 | €17,251 | -€3,153 | -15.5% |
| Cash at bank and in hand | 54/58 | €70,708 | €93,152 | +€22,444 | +31.7% |
| Total equity and liabilities | 10/49 | €98,291 | €118,458 | +€20,167 | +20.5% |
| Equity | 10/15 | €41,403 | €52,255 | +€10,852 | +26.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,143 | €37,995 | +€10,852 | +40.0% |
| Amounts payable | 17/49 | €56,889 | €66,204 | +€9,315 | +16.4% |
| Amounts payable within one year | 42/48 | €56,889 | €66,204 | +€9,315 | +16.4% |
| Trade debts | 44 | €17,816 | €24,160 | +€6,344 | +35.6% |
| Suppliers | 440/4 | €17,816 | €24,160 | +€6,344 | +35.6% |
| Taxes, remuneration and social security | 45 | €29,947 | €32,674 | +€2,727 | +9.1% |
| Taxes | 450/3 | €19,139 | €14,240 | -€4,899 | -25.6% |
| Remuneration and social security | 454/9 | €10,809 | €18,434 | +€7,626 | +70.6% |
| Other amounts payable | 47/48 | €9,126 | €9,370 | +€244 | +2.7% |
| Remuneration, social security and pensions | 62 | €46,648 | €53,679 | +€7,031 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €998 | €754 | -€245 | -24.5% |
| Other operating charges | 640/8 | €1,795 | €1,683 | -€112 | -6.2% |
| Gross operating margin | 9900 | €60,307 | €70,240 | +€9,933 | +16.5% |
| Operating profit (loss) | 9901 | €10,866 | €14,124 | +€3,258 | +30.0% |
| Financial charges | 65/66B | €2,681 | €1,168 | -€1,513 | -56.4% |
| Recurring financial charges | 65 | €2,681 | €1,168 | -€1,513 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | €8,185 | €12,956 | +€4,771 | +58.3% |
| Income taxes | 67/77 | €2,194 | €2,104 | -€90 | -4.1% |
| Profit (loss) for the period | 9904 | €5,991 | €10,852 | +€4,862 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,991 | €10,852 | +€4,862 | +81.2% |
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.