E.L. Projects: 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. Projects
Largest movements
- Receivables within one year +€5,114
up €5,114 (+114.9%), from €4,450 to €9,564
of which Other amounts receivable: +€5,114
- Cash +€3,512
up €3,512 (+4946.5%), from €71 to €3,583
mainly Trade debts (+€3,829) and Net result for the year (+€3,011)
- Trade debts +€3,829
up €3,829 (+155.1%), from €2,469 to €6,298
- Profit (loss) carried forward +€3,011
up €3,011 (+24.5%), from -€12,271 to -€9,260
- Other debts +€1,290
up €1,290 (+17.6%), from €7,323 to €8,613
- Accrued charges and deferred income +€496
new in 2025: €496
- Gross operating margin +€5,912
up €5,912, from -€382 to €5,530
- Financial charges +€1,879
up €1,879 (+2935.9%), from €64 to €1,943
- Taxes +€456
new in 2025: €456
- Other operating charges +€120
new in 2025: €120
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.
Cash bridge derived
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 | €4,521 | €13,147 | +€8,626 | +190.8% |
| Current assets | 29/58 | €4,521 | €13,147 | +€8,626 | +190.8% |
| Amounts receivable within one year | 40/41 | €4,450 | €9,564 | +€5,114 | +114.9% |
| Trade receivables | 40 | €4,450 | €4,450 | = | 0.0% |
| Other amounts receivable | 41 | - | €5,114 | +€5,114 | |
| Cash at bank and in hand | 54/58 | €71 | €3,583 | +€3,512 | +4946.5% |
| Total equity and liabilities | 10/49 | €4,521 | €13,147 | +€8,626 | +190.8% |
| Equity | 10/15 | -€5,271 | -€2,260 | +€3,011 | +57.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,271 | -€9,260 | +€3,011 | +24.5% |
| Amounts payable | 17/49 | €9,792 | €15,407 | +€5,615 | +57.3% |
| Amounts payable within one year | 42/48 | €9,792 | €14,911 | +€5,119 | +52.3% |
| Trade debts | 44 | €2,469 | €6,298 | +€3,829 | +155.1% |
| Suppliers | 440/4 | €2,469 | €6,298 | +€3,829 | +155.1% |
| Other amounts payable | 47/48 | €7,323 | €8,613 | +€1,290 | +17.6% |
| Accrued charges and deferred income | 492/3 | - | €496 | +€496 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€382 | €5,530 | +€5,912 | |
| Operating profit (loss) | 9901 | -€382 | €5,410 | +€5,792 | |
| Financial charges | 65/66B | €64 | €1,943 | +€1,879 | +2935.9% |
| Recurring financial charges | 65 | €64 | €1,943 | +€1,879 | +2935.9% |
| Profit (loss) for the period before taxes | 9903 | -€446 | €3,467 | +€3,913 | |
| Income taxes | 67/77 | - | €456 | +€456 | |
| Profit (loss) for the period | 9904 | -€446 | €3,011 | +€3,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€446 | €3,011 | +€3,457 |
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 9 October 2026 via checked.be.