EL - BI - CO: what changed
What changed
EL - BI - CO
filed annual accounts (NBB)
Net result for the year
-€21,583
2024 · -€6,636-€14,947
Equity
€1.2m
2024 · €1.3m-€21,583
Cash
€88,081
2024 · €67,024+€21,057
Balance sheet total
€2.3m
2024 · €2.3m-€24,942
Largest movements
Assets
- Tangible fixed assets -€56,206
down €56,206 (-2.5%), from €2.2m to €2.2m
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin -€11,133
down €11,133 (-10.3%), from €108,296 to €97,163
- Other operating charges -€7,762
down €7,762 (-84.3%), from €9,211 to €1,450
- Financial charges +€6,266
up €6,266 (+16.2%), from €38,780 to €45,046
- Depreciation +€5,311
up €5,311 (+7.9%), from €66,940 to €72,251
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.
Result 2024
-€6,636
Gross operating margin
-€11,133
Depreciation
-€5,311
Other operating charges
+€7,762
Financial charges
-€6,266
Result 2025
-€21,583
raises the resultlowers the result
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.
From operations
+€37,101
Investment
-€16,044
Financing
€0
Cash 2024
€67,024
From operations (derived)
+€37,101
Net result for the year
-€21,583
Depreciation
+€72,251
Receivables within one year
-€10,135
Deferred charges and accrued income
-€73
Trade debts
+€5,980
Tax, wage and social debts
+€1,875
Other debts
-€18,560
Accrued charges and deferred income
+€7,346
Investment (derived)
-€16,044
Investment in fixed assets (net)
-€16,044
Cash 2025
€88,081
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,330,769 | €2,305,827 | -€24,942 | -1.1% |
| Fixed assets | 21/28 | €2,246,905 | €2,190,699 | -€56,206 | -2.5% |
| Tangible fixed assets | 22/27 | €2,246,702 | €2,190,496 | -€56,206 | -2.5% |
| Land and buildings | 22 | €2,246,702 | €2,190,496 | -€56,206 | -2.5% |
| Financial fixed assets | 28 | €203 | €203 | = | 0.0% |
| Current assets | 29/58 | €83,863 | €115,128 | +€31,265 | +37.3% |
| Amounts receivable within one year | 40/41 | €14,563 | €24,698 | +€10,135 | +69.6% |
| Trade receivables | 40 | €12,000 | €24,000 | +€12,000 | +100% |
| Other amounts receivable | 41 | €2,563 | €698 | -€1,865 | -72.8% |
| Cash at bank and in hand | 54/58 | €67,024 | €88,081 | +€21,057 | +31.4% |
| Deferred charges and accrued income | 490/1 | €2,277 | €2,350 | +€73 | +3.2% |
| Total equity and liabilities | 10/49 | €2,330,769 | €2,305,827 | -€24,942 | -1.1% |
| Equity | 10/15 | €1,255,692 | €1,234,109 | -€21,583 | -1.7% |
| Contributions | 10/11 | €1,378,000 | €1,378,000 | = | 0.0% |
| Capital | 10 | €1,378,000 | €1,378,000 | = | 0.0% |
| Issued capital | 100 | €1,378,000 | €1,378,000 | = | 0.0% |
| Reserves | 13 | €2,079 | €2,079 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,933 | €1,933 | = | 0.0% |
| Legal reserve | 130 | €1,933 | €1,933 | = | 0.0% |
| Distributable reserves | 133 | €146 | €146 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,387 | -€145,970 | -€21,583 | -17.4% |
| Amounts payable | 17/49 | €1,075,077 | €1,071,718 | -€3,359 | -0.3% |
| Amounts payable after more than one year | 17 | €904,700 | €904,700 | = | 0.0% |
| Financial debts | 170/4 | €900,000 | €900,000 | = | 0.0% |
| Other amounts payable | 178/9 | €4,700 | €4,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €138,776 | €128,071 | -€10,706 | -7.7% |
| Trade debts | 44 | €43 | €6,023 | +€5,980 | +13,788% |
| Suppliers | 440/4 | €43 | €6,023 | +€5,980 | +13,788% |
| Taxes, remuneration and social security | 45 | €11,625 | €13,500 | +€1,875 | +16.1% |
| Taxes | 450/3 | €11,625 | €13,500 | +€1,875 | +16.1% |
| Other amounts payable | 47/48 | €127,108 | €108,548 | -€18,560 | -14.6% |
| Accrued charges and deferred income | 492/3 | €31,601 | €38,947 | +€7,346 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,940 | €72,251 | +€5,311 | +7.9% |
| Other operating charges | 640/8 | €9,211 | €1,450 | -€7,762 | -84.3% |
| Gross operating margin | 9900 | €108,296 | €97,163 | -€11,133 | -10.3% |
| Operating profit (loss) | 9901 | €32,144 | €23,463 | -€8,682 | -27.0% |
| Financial charges | 65/66B | €38,780 | €45,046 | +€6,266 | +16.2% |
| Recurring financial charges | 65 | €38,780 | €45,046 | +€6,266 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,636 | -€21,583 | -€14,947 | -225% |
| Profit (loss) for the period | 9904 | -€6,636 | -€21,583 | -€14,947 | -225% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,636 | -€21,583 | -€14,947 | -225% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.