ELAULOVI: 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.
ELAULOVI
Largest movements
- Receivables within one year +€10,966
up €10,966 (+280%), from €3,917 to €14,883
of which Trade receivables: +€12,384
- Tangible fixed assets -€8,794
down €8,794 (-52.5%), from €16,744 to €7,950
- Cash -€8,196
down €8,196 (-23.2%), from €35,293 to €27,097
mainly Receivables within one year (-€10,966) and Net result for the year (-€10,590)
- Profit (loss) carried forward -€10,590
down €10,590 (-35.2%), from €30,066 to €19,476
- Other debts +€4,871
up €4,871 (+772%), from €631 to €5,501
- Reserves -€4,838
no longer reported in 2026 (was €4,838)
- Tax, wage and social debts +€4,410
up €4,410 (+242%), from €1,819 to €6,229
of which Taxes: +€4,220
- Gross operating margin +€52,556
up €52,556 (+99.5%), from -€52,801 to -€245
- Taxes +€6,875
up €6,875, from -€6,412 to €463
- Financial income -€5,280
down €5,280 (-100.0%), from €5,280 to €0
- Depreciation -€1,365
down €1,365 (-13.4%), from €10,159 to €8,794
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,954 | €49,930 | -€6,024 | -10.8% |
| Fixed assets | 21/28 | €16,744 | €7,950 | -€8,794 | -52.5% |
| Tangible fixed assets | 22/27 | €16,744 | €7,950 | -€8,794 | -52.5% |
| Furniture and vehicles | 24 | €16,744 | €7,950 | -€8,794 | -52.5% |
| Current assets | 29/58 | €39,210 | €41,980 | +€2,770 | +7.1% |
| Amounts receivable within one year | 40/41 | €3,917 | €14,883 | +€10,966 | +280% |
| Trade receivables | 40 | €2,499 | €14,883 | +€12,384 | +496% |
| Other amounts receivable | 41 | €1,418 | €0 | -€1,418 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €35,293 | €27,097 | -€8,196 | -23.2% |
| Total equity and liabilities | 10/49 | €55,954 | €49,930 | -€6,024 | -10.8% |
| Equity | 10/15 | €53,503 | €38,076 | -€15,428 | -28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,838 | - | -€4,838 | |
| Distributable reserves | 133 | €4,838 | - | -€4,838 | |
| Profit (loss) carried forward | 14 | €30,066 | €19,476 | -€10,590 | -35.2% |
| Amounts payable | 17/49 | €2,450 | €11,854 | +€9,404 | +384% |
| Amounts payable within one year | 42/48 | €2,450 | €11,854 | +€9,404 | +384% |
| Trade debts | 44 | - | €124 | +€124 | |
| Suppliers | 440/4 | - | €124 | +€124 | |
| Taxes, remuneration and social security | 45 | €1,819 | €6,229 | +€4,410 | +242% |
| Taxes | 450/3 | €1,819 | €6,039 | +€4,220 | +232% |
| Remuneration and social security | 454/9 | - | €190 | +€190 | |
| Other amounts payable | 47/48 | €631 | €5,501 | +€4,871 | +772% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,159 | €8,794 | -€1,365 | -13.4% |
| Other operating charges | 640/8 | €1,053 | €1,088 | +€35 | +3.3% |
| Gross operating margin | 9900 | -€52,801 | -€245 | +€52,556 | +99.5% |
| Operating profit (loss) | 9901 | -€64,013 | -€10,127 | +€53,886 | +84.2% |
| Financial income | 75/76B | €5,280 | €0 | -€5,280 | -100.0% |
| Recurring financial income | 75 | €5,280 | €0 | -€5,280 | -100.0% |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€58,734 | -€10,127 | +€48,606 | +82.8% |
| Income taxes | 67/77 | -€6,412 | €463 | +€6,875 | |
| Profit (loss) for the period | 9904 | -€52,322 | -€10,590 | +€41,731 | +79.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,322 | -€10,590 | +€41,731 | +79.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.