E-LOAD: 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-LOAD
Largest movements
- Tangible fixed assets -€67,597
down €67,597 (-11.3%), from €597,379 to €529,781
of which Plant, machinery and equipment: -€60,911
- Cash +€14,594
up €14,594 (+256.7%), from €5,686 to €20,281
mainly Depreciation (+€70,155) and Current portion of long-term debt (+€8,109)
- Receivables within one year +€13,300
up €13,300 (+26.5%), from €50,249 to €63,549
- Debts after one year -€56,469
down €56,469 (-18.1%), from €312,593 to €256,124
- Current portion of long-term debt +€8,109
up €8,109 (+16.8%), from €48,360 to €56,469
- Gross operating margin +€48,035
up €48,035 (+100.8%), from €47,667 to €95,702
- Depreciation +€16,284
up €16,284 (+30.2%), from €53,871 to €70,155
- Financial charges +€3,725
up €3,725 (+23.6%), from €15,794 to €19,519
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €662,768 | €622,441 | -€40,327 | -6.1% |
| Fixed assets | 21/28 | €606,152 | €537,915 | -€68,237 | -11.3% |
| Intangible fixed assets | 21 | €2,023 | €1,383 | -€640 | -31.6% |
| Tangible fixed assets | 22/27 | €597,379 | €529,781 | -€67,597 | -11.3% |
| Plant, machinery and equipment | 23 | €527,516 | €466,605 | -€60,911 | -11.5% |
| Other tangible fixed assets | 26 | €69,862 | €63,176 | -€6,686 | -9.6% |
| Financial fixed assets | 28 | €6,750 | €6,750 | = | 0.0% |
| Current assets | 29/58 | €56,616 | €84,526 | +€27,910 | +49.3% |
| Amounts receivable within one year | 40/41 | €50,249 | €63,549 | +€13,300 | +26.5% |
| Trade receivables | 40 | €50,249 | €63,549 | +€13,300 | +26.5% |
| Cash at bank and in hand | 54/58 | €5,686 | €20,281 | +€14,594 | +256.7% |
| Deferred charges and accrued income | 490/1 | €681 | €697 | +€16 | +2.4% |
| Total equity and liabilities | 10/49 | €662,768 | €622,441 | -€40,327 | -6.1% |
| Equity | 10/15 | -€39,897 | -€34,420 | +€5,478 | +13.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,897 | -€37,420 | +€5,478 | +12.8% |
| Amounts payable | 17/49 | €702,665 | €656,861 | -€45,805 | -6.5% |
| Amounts payable after more than one year | 17 | €312,593 | €256,124 | -€56,469 | -18.1% |
| Financial debts | 170/4 | €312,593 | €256,124 | -€56,469 | -18.1% |
| Amounts payable within one year | 42/48 | €390,072 | €400,737 | +€10,665 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €48,360 | €56,469 | +€8,109 | +16.8% |
| Trade debts | 44 | €15,029 | €20,086 | +€5,057 | +33.6% |
| Suppliers | 440/4 | €15,029 | €20,086 | +€5,057 | +33.6% |
| Taxes, remuneration and social security | 45 | €4,575 | €6,729 | +€2,155 | +47.1% |
| Taxes | 450/3 | €4,575 | €6,729 | +€2,155 | +47.1% |
| Other amounts payable | 47/48 | €322,108 | €317,452 | -€4,656 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,871 | €70,155 | +€16,284 | +30.2% |
| Other operating charges | 640/8 | €546 | €549 | +€3 | +0.5% |
| Gross operating margin | 9900 | €47,667 | €95,702 | +€48,035 | +100.8% |
| Operating profit (loss) | 9901 | -€6,751 | €24,997 | +€31,748 | |
| Financial charges | 65/66B | €15,794 | €19,519 | +€3,725 | +23.6% |
| Recurring financial charges | 65 | €15,794 | €19,519 | +€3,725 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,545 | €5,478 | +€28,023 | |
| Profit (loss) for the period | 9904 | -€22,545 | €5,478 | +€28,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,545 | €5,478 | +€28,023 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.