ELAU: 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.
ELAU
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€8,306
down €8,306 (-12.0%), from -€69,183 to -€77,489
- Gross operating margin -€1,380
down €1,380 (-292.6%), from -€472 to -€1,851
- Depreciation +€450
up €450 (+13.0%), from €3,453 to €3,903
- Other operating charges +€73
up €73 (+3.0%), from €2,444 to €2,517
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 | €509,480 | €505,165 | -€4,315 | -0.8% |
| Fixed assets | 21/28 | €507,956 | €504,052 | -€3,903 | -0.8% |
| Tangible fixed assets | 22/27 | €507,956 | €504,052 | -€3,903 | -0.8% |
| Land and buildings | 22 | €506,294 | €502,996 | -€3,297 | -0.7% |
| Plant, machinery and equipment | 23 | €1,662 | €1,056 | -€606 | -36.5% |
| Current assets | 29/58 | €1,524 | €1,112 | -€412 | -27.0% |
| Amounts receivable within one year | 40/41 | €621 | €621 | = | 0.0% |
| Other amounts receivable | 41 | €621 | €621 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €903 | €492 | -€412 | -45.6% |
| Total equity and liabilities | 10/49 | €509,480 | €505,165 | -€4,315 | -0.8% |
| Equity | 10/15 | €453,817 | €445,511 | -€8,306 | -1.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €490,000 | €490,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,183 | -€77,489 | -€8,306 | -12.0% |
| Amounts payable | 17/49 | €55,662 | €59,654 | +€3,991 | +7.2% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,662 | €9,654 | +€3,991 | +70.5% |
| Trade debts | 44 | €2,398 | €5,087 | +€2,689 | +112.1% |
| Suppliers | 440/4 | €2,398 | €5,087 | +€2,689 | +112.1% |
| Taxes, remuneration and social security | 45 | €907 | €325 | -€582 | -64.1% |
| Taxes | 450/3 | €907 | €325 | -€582 | -64.1% |
| Other amounts payable | 47/48 | €2,357 | €4,241 | +€1,884 | +79.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,453 | €3,903 | +€450 | +13.0% |
| Other operating charges | 640/8 | €2,444 | €2,517 | +€73 | +3.0% |
| Gross operating margin | 9900 | -€472 | -€1,851 | -€1,380 | -292.6% |
| Operating profit (loss) | 9901 | -€6,368 | -€8,271 | -€1,903 | -29.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €33 | €35 | +€2 | +5.2% |
| Recurring financial charges | 65 | €33 | €35 | +€2 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,401 | -€8,306 | -€1,905 | -29.8% |
| Profit (loss) for the period | 9904 | -€6,401 | -€8,306 | -€1,905 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,401 | -€8,306 | -€1,905 | -29.8% |
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 5 October 2026 via checked.be.