E-LINE SERVICES: what changed
Two fiscal 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-LINE SERVICES
Largest movements
- Cash -€21,370
down €21,370 (-94.7%), from €22,555 to €1,185
mainly Net result for the year (-€25,448) and Debts after one year (-€15,899)
- Tangible fixed assets -€19,752
down €19,752 (-19.5%), from €101,078 to €81,326
- Receivables within one year -€1,687
down €1,687 (-4.5%), from €37,305 to €35,618
of which Trade receivables: -€2,669
- Profit (loss) carried forward -€25,448
down €25,448 (-52.4%), from €48,591 to €23,143
- Debts after one year -€15,899
down €15,899 (-30.8%), from €51,582 to €35,683
- Tax, wage and social debts -€2,021
down €2,021 (-19.5%), from €10,338 to €8,317
- Financial charges +€21,331
up €21,331 (+50.2%), from €42,479 to €63,810
- Gross operating margin -€7,665
down €7,665 (-10.7%), from €71,610 to €63,945
- Depreciation +€2,106
up €2,106 (+9.1%), from €23,121 to €25,227
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 | €162,457 | €119,447 | -€43,010 | -26.5% |
| Formation expenses | 20 | €481 | €210 | -€271 | -56.2% |
| Fixed assets | 21/28 | €101,078 | €81,326 | -€19,752 | -19.5% |
| Tangible fixed assets | 22/27 | €101,078 | €81,326 | -€19,752 | -19.5% |
| Furniture and vehicles | 24 | €101,078 | €81,326 | -€19,752 | -19.5% |
| Current assets | 29/58 | €60,898 | €37,911 | -€22,987 | -37.7% |
| Amounts receivable within one year | 40/41 | €37,305 | €35,618 | -€1,687 | -4.5% |
| Trade receivables | 40 | €28,798 | €26,129 | -€2,669 | -9.3% |
| Other amounts receivable | 41 | €8,507 | €9,489 | +€982 | +11.5% |
| Cash at bank and in hand | 54/58 | €22,555 | €1,185 | -€21,370 | -94.7% |
| Deferred charges and accrued income | 490/1 | €1,039 | €1,108 | +€70 | +6.7% |
| Total equity and liabilities | 10/49 | €162,457 | €119,447 | -€43,010 | -26.5% |
| Equity | 10/15 | €55,520 | €30,072 | -€25,448 | -45.8% |
| Contributions | 10/11 | €6,209 | €6,209 | = | 0.0% |
| Reserves | 13 | €720 | €720 | = | 0.0% |
| Distributable reserves | 133 | €720 | €720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,591 | €23,143 | -€25,448 | -52.4% |
| Amounts payable | 17/49 | €106,937 | €89,375 | -€17,562 | -16.4% |
| Amounts payable after more than one year | 17 | €51,582 | €35,683 | -€15,899 | -30.8% |
| Financial debts | 170/4 | €51,582 | €35,683 | -€15,899 | -30.8% |
| Amounts payable within one year | 42/48 | €55,355 | €53,693 | -€1,662 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €15,153 | €15,899 | +€746 | +4.9% |
| Trade debts | 44 | - | €913 | +€913 | |
| Suppliers | 440/4 | - | €913 | +€913 | |
| Taxes, remuneration and social security | 45 | €10,338 | €8,317 | -€2,021 | -19.5% |
| Taxes | 450/3 | €10,338 | €8,317 | -€2,021 | -19.5% |
| Other amounts payable | 47/48 | €29,864 | €28,563 | -€1,301 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,121 | €25,227 | +€2,106 | +9.1% |
| Other operating charges | 640/8 | €137 | €101 | -€36 | -26.1% |
| Gross operating margin | 9900 | €71,610 | €63,945 | -€7,665 | -10.7% |
| Operating profit (loss) | 9901 | €48,352 | €38,617 | -€9,735 | -20.1% |
| Financial charges | 65/66B | €42,479 | €63,810 | +€21,331 | +50.2% |
| Recurring financial charges | 65 | €42,479 | €63,810 | +€21,331 | +50.2% |
| Profit (loss) for the period before taxes | 9903 | €5,873 | -€25,193 | -€31,066 | |
| Income taxes | 67/77 | €256 | €256 | = | 0.0% |
| Profit (loss) for the period | 9904 | €5,618 | -€25,448 | -€31,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,618 | -€25,448 | -€31,066 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.