Eland: 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.
Eland
Largest movements
- Cash +€12,876
up €12,876 (+444.1%), from €2,899 to €15,776
mainly Other debts (+€17,000) and Net result for the year (+€15,412)
- Other debts +€17,000
up €17,000 (+4.8%), from €353,151 to €370,151
- Profit (loss) carried forward +€15,412
up €15,412 (+34.4%), from -€44,758 to -€29,346
- Debts after one year -€15,273
down €15,273 (-100.0%), from €15,273 to €0
- Current portion of long-term debt -€4,822
down €4,822 (-24.0%), from €20,095 to €15,273
- Gross operating margin +€11,970
up €11,970 (+74.8%), from €16,012 to €27,982
- Depreciation +€461
up €461 (+5.4%), from €8,562 to €9,023
- Financial charges -€342
down €342 (-11.8%), from €2,897 to €2,555
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 | €394,382 | €407,243 | +€12,860 | +3.3% |
| Fixed assets | 21/28 | €391,157 | €391,088 | -€69 | 0.0% |
| Tangible fixed assets | 22/27 | €391,157 | €391,088 | -€69 | 0.0% |
| Land and buildings | 22 | €391,157 | €391,088 | -€69 | 0.0% |
| Current assets | 29/58 | €3,226 | €16,155 | +€12,929 | +400.8% |
| Amounts receivable within one year | 40/41 | - | €34 | +€34 | |
| Trade receivables | 40 | - | €34 | +€34 | |
| Cash at bank and in hand | 54/58 | €2,899 | €15,776 | +€12,876 | +444.1% |
| Deferred charges and accrued income | 490/1 | €326 | €345 | +€18 | +5.7% |
| Total equity and liabilities | 10/49 | €394,382 | €407,243 | +€12,860 | +3.3% |
| Equity | 10/15 | €5,242 | €20,654 | +€15,412 | +294.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,758 | -€29,346 | +€15,412 | +34.4% |
| Amounts payable | 17/49 | €389,140 | €386,589 | -€2,551 | -0.7% |
| Amounts payable after more than one year | 17 | €15,273 | €0 | -€15,273 | -100.0% |
| Financial debts | 170/4 | €15,273 | €0 | -€15,273 | -100.0% |
| Amounts payable within one year | 42/48 | €373,387 | €385,629 | +€12,242 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €20,095 | €15,273 | -€4,822 | -24.0% |
| Trade debts | 44 | €141 | €204 | +€64 | +45.5% |
| Suppliers | 440/4 | €141 | €204 | +€64 | +45.5% |
| Other amounts payable | 47/48 | €353,151 | €370,151 | +€17,000 | +4.8% |
| Accrued charges and deferred income | 492/3 | €480 | €960 | +€480 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,562 | €9,023 | +€461 | +5.4% |
| Other operating charges | 640/8 | €1,292 | €1,074 | -€218 | -16.9% |
| Gross operating margin | 9900 | €16,012 | €27,982 | +€11,970 | +74.8% |
| Operating profit (loss) | 9901 | €6,158 | €17,884 | +€11,726 | +190.4% |
| Financial income | 75/76B | €0 | €82 | +€82 | +823800.0% |
| Recurring financial income | 75 | €0 | €82 | +€82 | +823800.0% |
| Financial charges | 65/66B | €2,897 | €2,555 | -€342 | -11.8% |
| Recurring financial charges | 65 | €2,897 | €2,555 | -€342 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €3,261 | €15,412 | +€12,151 | +372.6% |
| Profit (loss) for the period | 9904 | €3,261 | €15,412 | +€12,151 | +372.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,261 | €15,412 | +€12,151 | +372.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.