EL.H.CAR: 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.H.CAR
Largest movements
- Cash -€32,786
down €32,786 (-59.0%), from €55,601 to €22,815
mainly Investment in fixed assets (net) (-€40,561) and Net result for the year (-€24,021)
- Deferred charges and accrued income -€4,773
no longer reported in 2025 (was €4,773)
- Profit (loss) carried forward -€24,021
down €24,021 (-19.9%), from €120,505 to €96,484
- Trade debts -€11,425
down €11,425 (-13.8%), from €82,860 to €71,435
- Tax, wage and social debts -€5,168
down €5,168 (-21.1%), from €24,495 to €19,327
- Turnover -€579,464
no longer reported in 2025 (was €579,464)
- Purchases and services -€281,188
no longer reported in 2025 (was €281,188)
- Gross operating margin -€122,973
down €122,973 (-36.9%), from €333,617 to €210,644
- Staff costs -€49,419
down €49,419 (-22.2%), from €222,288 to €172,868
- Depreciation +€17,938
up €17,938 (+72.5%), from €24,757 to €42,694
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.
Derived cash bridge
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 | €227,860 | €187,246 | -€40,614 | -17.8% |
| Fixed assets | 21/28 | €152,528 | €150,395 | -€2,133 | -1.4% |
| Tangible fixed assets | 22/27 | €152,528 | €150,395 | -€2,133 | -1.4% |
| Furniture and vehicles | 24 | €133,010 | €135,977 | +€2,967 | +2.2% |
| Leasing and similar rights | 25 | €19,518 | €14,418 | -€5,100 | -26.1% |
| Current assets | 29/58 | €75,331 | €36,851 | -€38,481 | -51.1% |
| Amounts receivable within one year | 40/41 | €14,958 | €14,036 | -€922 | -6.2% |
| Trade receivables | 40 | €2,300 | - | -€2,300 | |
| Other amounts receivable | 41 | €12,657 | €14,036 | +€1,378 | +10.9% |
| Cash at bank and in hand | 54/58 | €55,601 | €22,815 | -€32,786 | -59.0% |
| Deferred charges and accrued income | 490/1 | €4,773 | - | -€4,773 | |
| Total equity and liabilities | 10/49 | €227,860 | €187,246 | -€40,614 | -17.8% |
| Equity | 10/15 | €120,505 | €96,484 | -€24,021 | -19.9% |
| Profit (loss) carried forward | 14 | €120,505 | €96,484 | -€24,021 | -19.9% |
| Amounts payable | 17/49 | €107,355 | €90,762 | -€16,593 | -15.5% |
| Amounts payable within one year | 42/48 | €107,355 | €90,762 | -€16,593 | -15.5% |
| Trade debts | 44 | €82,860 | €71,435 | -€11,425 | -13.8% |
| Suppliers | 440/4 | €82,860 | €71,435 | -€11,425 | -13.8% |
| Taxes, remuneration and social security | 45 | €24,495 | €19,327 | -€5,168 | -21.1% |
| Remuneration and social security | 454/9 | €24,495 | €19,327 | -€5,168 | -21.1% |
| Turnover | 70 | €579,464 | - | -€579,464 | |
| Non-recurring operating income | 76A | €35,341 | - | -€35,341 | |
| Goods, raw materials, services and sundry goods | 60/61 | €281,188 | - | -€281,188 | |
| Remuneration, social security and pensions | 62 | €222,288 | €172,868 | -€49,419 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,757 | €42,694 | +€17,938 | +72.5% |
| Other operating charges | 640/8 | €6,464 | €14,720 | +€8,256 | +128% |
| Non-recurring operating charges | 66A | €481 | - | -€481 | |
| Gross operating margin | 9900 | €333,617 | €210,644 | -€122,973 | -36.9% |
| Operating profit (loss) | 9901 | €79,627 | -€19,639 | -€99,266 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,469 | €1,577 | -€892 | -36.1% |
| Recurring financial charges | 65 | €2,469 | €1,577 | -€892 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €77,159 | -€21,212 | -€98,371 | |
| Income taxes | 67/77 | - | €2,809 | +€2,809 | |
| Profit (loss) for the period | 9904 | €77,159 | -€24,021 | -€101,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €77,159 | -€24,021 | -€101,180 |
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 23 October 2026 via checked.be.