E-LOU IMMO: 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-LOU IMMO
Largest movements
- Cash +€19,942
up €19,942 (+1121.6%), from €1,778 to €21,721
mainly Net result for the year (+€30,239) and Depreciation (+€21,299)
- Tangible fixed assets -€8,536
down €8,536 (-10.4%), from €82,125 to €73,589
of which Furniture and vehicles: -€13,542
- Intangible fixed assets -€2,603
down €2,603 (-45.7%), from €5,699 to €3,095
- Other debts -€30,326
down €30,326 (-50.5%), from €60,031 to €29,705
- Profit (loss) carried forward +€30,239
up €30,239 (+187.3%), from €16,145 to €46,384
- Tax, wage and social debts +€8,058
up €8,058 (+93.3%), from €8,640 to €16,698
of which Taxes: +€5,658
- Gross operating margin +€15,484
up €15,484 (+30.9%), from €50,155 to €65,640
- Depreciation +€7,976
up €7,976 (+59.9%), from €13,323 to €21,299
- Taxes +€3,792
up €3,792 (+58.1%), from €6,527 to €10,319
- Other operating charges -€3,090
down €3,090 (-70.9%), from €4,360 to €1,270
- Staff costs +€2,400
new in 2025: €2,400
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 | €90,068 | €98,404 | +€8,336 | +9.3% |
| Fixed assets | 21/28 | €87,824 | €76,684 | -€11,140 | -12.7% |
| Intangible fixed assets | 21 | €5,699 | €3,095 | -€2,603 | -45.7% |
| Tangible fixed assets | 22/27 | €82,125 | €73,589 | -€8,536 | -10.4% |
| Plant, machinery and equipment | 23 | €16,333 | €21,339 | +€5,006 | +30.6% |
| Furniture and vehicles | 24 | €65,792 | €52,250 | -€13,542 | -20.6% |
| Current assets | 29/58 | €2,244 | €21,721 | +€19,476 | +867.8% |
| Amounts receivable within one year | 40/41 | €466 | - | -€466 | |
| Trade receivables | 40 | €466 | - | -€466 | |
| Cash at bank and in hand | 54/58 | €1,778 | €21,721 | +€19,942 | +1121.6% |
| Total equity and liabilities | 10/49 | €90,068 | €98,404 | +€8,336 | +9.3% |
| Equity | 10/15 | €21,145 | €51,384 | +€30,239 | +143.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,145 | €46,384 | +€30,239 | +187.3% |
| Amounts payable | 17/49 | €68,923 | €47,020 | -€21,903 | -31.8% |
| Amounts payable within one year | 42/48 | €68,923 | €47,020 | -€21,903 | -31.8% |
| Trade debts | 44 | €252 | €617 | +€365 | +144.7% |
| Suppliers | 440/4 | €252 | €617 | +€365 | +144.7% |
| Taxes, remuneration and social security | 45 | €8,640 | €16,698 | +€8,058 | +93.3% |
| Taxes | 450/3 | €8,640 | €14,298 | +€5,658 | +65.5% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €60,031 | €29,705 | -€30,326 | -50.5% |
| Remuneration, social security and pensions | 62 | - | €2,400 | +€2,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,323 | €21,299 | +€7,976 | +59.9% |
| Other operating charges | 640/8 | €4,360 | €1,270 | -€3,090 | -70.9% |
| Non-recurring operating charges | 66A | €9,767 | - | -€9,767 | |
| Gross operating margin | 9900 | €50,155 | €65,640 | +€15,484 | +30.9% |
| Operating profit (loss) | 9901 | €22,705 | €40,671 | +€17,966 | +79.1% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €33 | €131 | +€97 | +293.6% |
| Recurring financial charges | 65 | €33 | €131 | +€97 | +293.6% |
| Profit (loss) for the period before taxes | 9903 | €22,672 | €40,559 | +€17,887 | +78.9% |
| Income taxes | 67/77 | €6,527 | €10,319 | +€3,792 | +58.1% |
| Profit (loss) for the period | 9904 | €16,145 | €30,239 | +€14,095 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,145 | €30,239 | +€14,095 | +87.3% |
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 5 October 2026 via checked.be.