eL. eM. Import: 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.
eL. eM. Import
Largest movements
- Tangible fixed assets -€10,841
down €10,841 (-61.5%), from €17,625 to €6,783
of which Furniture and vehicles: -€10,542
- Cash +€4,093
up €4,093 (+6.6%), from €61,622 to €65,715
mainly Depreciation (+€10,841) and Deferred charges and accrued income (+€3,753)
- Deferred charges and accrued income -€3,753
down €3,753 (-79.9%), from €4,695 to €942
- Receivables within one year +€2,774
up €2,774 (+103.4%), from €2,683 to €5,457
of which Other amounts receivable: +€3,608
- Stocks and contracts +€999
up €999 (+33.9%), from €2,946 to €3,945
- Profit (loss) carried forward -€3,525
new in 2025: -€3,525
- Tax, wage and social debts -€3,192
down €3,192 (-92.4%), from €3,455 to €263
- Gross operating margin +€2,719
up €2,719 (+46.2%), from €5,883 to €8,602
- Depreciation -€368
down €368 (-3.3%), from €11,209 to €10,841
- Other operating charges +€118
up €118 (+11.2%), from €1,050 to €1,168
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 | €89,570 | €82,842 | -€6,728 | -7.5% |
| Fixed assets | 21/28 | €17,625 | €6,783 | -€10,841 | -61.5% |
| Tangible fixed assets | 22/27 | €17,625 | €6,783 | -€10,841 | -61.5% |
| Plant, machinery and equipment | 23 | €1,232 | €933 | -€299 | -24.3% |
| Furniture and vehicles | 24 | €16,393 | €5,850 | -€10,542 | -64.3% |
| Current assets | 29/58 | €71,945 | €76,059 | +€4,114 | +5.7% |
| Stocks and contracts in progress | 3 | €2,946 | €3,945 | +€999 | +33.9% |
| Stocks | 30/36 | €2,946 | €3,945 | +€999 | +33.9% |
| Amounts receivable within one year | 40/41 | €2,683 | €5,457 | +€2,774 | +103.4% |
| Trade receivables | 40 | €2,124 | €1,290 | -€834 | -39.3% |
| Other amounts receivable | 41 | €559 | €4,167 | +€3,608 | +645.6% |
| Cash at bank and in hand | 54/58 | €61,622 | €65,715 | +€4,093 | +6.6% |
| Deferred charges and accrued income | 490/1 | €4,695 | €942 | -€3,753 | -79.9% |
| Total equity and liabilities | 10/49 | €89,570 | €82,842 | -€6,728 | -7.5% |
| Equity | 10/15 | €71,872 | €68,258 | -€3,614 | -5.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €53,280 | €53,191 | -€89 | -0.2% |
| Distributable reserves | 133 | €53,280 | €53,191 | -€89 | -0.2% |
| Profit (loss) carried forward | 14 | - | -€3,525 | -€3,525 | |
| Amounts payable | 17/49 | €17,698 | €14,584 | -€3,113 | -17.6% |
| Amounts payable within one year | 42/48 | €17,698 | €14,584 | -€3,113 | -17.6% |
| Trade debts | 44 | - | €21 | +€21 | |
| Suppliers | 440/4 | - | €21 | +€21 | |
| Taxes, remuneration and social security | 45 | €3,455 | €263 | -€3,192 | -92.4% |
| Taxes | 450/3 | €3,455 | €263 | -€3,192 | -92.4% |
| Other amounts payable | 47/48 | €14,243 | €14,301 | +€58 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,209 | €10,841 | -€368 | -3.3% |
| Other operating charges | 640/8 | €1,050 | €1,168 | +€118 | +11.2% |
| Gross operating margin | 9900 | €5,883 | €8,602 | +€2,719 | +46.2% |
| Operating profit (loss) | 9901 | -€6,377 | -€3,407 | +€2,970 | +46.6% |
| Financial income | 75/76B | €81 | €77 | -€4 | -5.3% |
| Recurring financial income | 75 | €81 | €77 | -€4 | -5.3% |
| Financial charges | 65/66B | €143 | €120 | -€23 | -16.4% |
| Recurring financial charges | 65 | €143 | €120 | -€23 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,439 | -€3,450 | +€2,989 | +46.4% |
| Income taxes | 67/77 | €169 | €164 | -€5 | -2.9% |
| Profit (loss) for the period | 9904 | -€6,608 | -€3,614 | +€2,994 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,608 | -€3,614 | +€2,994 | +45.3% |
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.