ELA MOTORS: 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.
ELA MOTORS
Largest movements
- Receivables within one year +€264,473
up €264,473 (+1,907%), from €13,865 to €278,338
of which Other amounts receivable: +€264,473
- Cash -€117,690
down €117,690 (-99.0%), from €118,905 to €1,215
mainly Receivables within one year (-€264,473) and Net result for the year (-€13,524)
- Stocks and contracts -€54,860
no longer reported in 2025 (was €54,860)
- Tangible fixed assets -€14,876
down €14,876 (-62.8%), from €23,705 to €8,829
of which Furniture and vehicles: -€14,876
- Other debts +€90,000
up €90,000 (+39.1%), from €230,030 to €320,030
- Profit (loss) carried forward -€13,524
down €13,524 (-66.3%), from -€20,413 to -€33,936
- Purchases and services +€60,406
new in 2025: €60,406
- Turnover +€51,986
new in 2025: €51,986
- Gross operating margin +€11,373
up €11,373 (+57.6%), from -€19,753 to -€8,379
- Other operating charges +€1,070
new in 2025: €1,070
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 | €213,617 | €290,094 | +€76,476 | +35.8% |
| Formation expenses | 20 | €2,282 | €1,711 | -€570 | -25.0% |
| Fixed assets | 21/28 | €23,705 | €8,829 | -€14,876 | -62.8% |
| Tangible fixed assets | 22/27 | €23,705 | €8,829 | -€14,876 | -62.8% |
| Land and buildings | 22 | €4,545 | €4,545 | = | 0.0% |
| Furniture and vehicles | 24 | €19,160 | €4,284 | -€14,876 | -77.6% |
| Current assets | 29/58 | €187,630 | €279,553 | +€91,923 | +49.0% |
| Stocks and contracts in progress | 3 | €54,860 | - | -€54,860 | |
| Stocks | 30/36 | €54,860 | - | -€54,860 | |
| Amounts receivable within one year | 40/41 | €13,865 | €278,338 | +€264,473 | +1,907% |
| Trade receivables | 40 | €4,865 | €4,865 | = | 0.0% |
| Other amounts receivable | 41 | €9,000 | €273,473 | +€264,473 | +2,939% |
| Cash at bank and in hand | 54/58 | €118,905 | €1,215 | -€117,690 | -99.0% |
| Total equity and liabilities | 10/49 | €213,617 | €290,094 | +€76,476 | +35.8% |
| Equity | 10/15 | -€16,413 | -€29,936 | -€13,524 | -82.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,413 | -€33,936 | -€13,524 | -66.3% |
| Amounts payable | 17/49 | €230,030 | €320,030 | +€90,000 | +39.1% |
| Amounts payable within one year | 42/48 | €230,030 | €320,030 | +€90,000 | +39.1% |
| Other amounts payable | 47/48 | €230,030 | €320,030 | +€90,000 | +39.1% |
| Turnover | 70 | - | €51,986 | +€51,986 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €60,406 | +€60,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €570 | €570 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,070 | +€1,070 | |
| Non-recurring operating charges | 66A | - | €3,306 | +€3,306 | |
| Gross operating margin | 9900 | -€19,753 | -€8,379 | +€11,373 | +57.6% |
| Operating profit (loss) | 9901 | -€20,323 | -€13,326 | +€6,998 | +34.4% |
| Financial charges | 65/66B | €89 | €198 | +€109 | +122% |
| Recurring financial charges | 65 | €89 | €198 | +€109 | +122% |
| Profit (loss) for the period before taxes | 9903 | -€20,413 | -€13,524 | +€6,889 | +33.7% |
| Profit (loss) for the period | 9904 | -€20,413 | -€13,524 | +€6,889 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,413 | -€13,524 | +€6,889 | +33.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.