ELAUT PRODUCTS: 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.
ELAUT PRODUCTS
Largest movements
- Stocks and contracts -€41,891
down €41,891 (-14.9%), from €281,871 to €239,980
- Tangible fixed assets -€14,656
down €14,656 (-50.8%), from €28,874 to €14,218
of which Furniture and vehicles: -€13,044
- Short-term financial debts -€58,669
down €58,669 (-92.6%), from €63,362 to €4,693
of which Credit institutions: -€55,000
- Current portion of long-term debt -€13,463
down €13,463 (-95.4%), from €14,107 to €645
- Reserves +€13,098
up €13,098 (+4.2%), from €315,151 to €328,248
- Trade debts -€10,758
down €10,758 (-38.0%), from €28,300 to €17,542
- Gross operating margin -€20,647
down €20,647 (-18.3%), from €112,844 to €92,197
- Taxes -€7,107
down €7,107 (-51.4%), from €13,839 to €6,732
- Staff costs +€4,293
up €4,293 (+9.1%), from €47,166 to €51,459
- Depreciation -€2,346
down €2,346 (-11.2%), from €20,963 to €18,617
- Financial income +€2,250
up €2,250 (+128%), from €1,764 to €4,014
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 | €498,216 | €429,561 | -€68,654 | -13.8% |
| Fixed assets | 21/28 | €43,493 | €26,575 | -€16,918 | -38.9% |
| Intangible fixed assets | 21 | €8,700 | €6,438 | -€2,262 | -26.0% |
| Tangible fixed assets | 22/27 | €28,874 | €14,218 | -€14,656 | -50.8% |
| Plant, machinery and equipment | 23 | €1,685 | €73 | -€1,612 | -95.6% |
| Furniture and vehicles | 24 | €27,189 | €14,144 | -€13,044 | -48.0% |
| Financial fixed assets | 28 | €5,919 | €5,919 | = | 0.0% |
| Current assets | 29/58 | €454,723 | €402,987 | -€51,736 | -11.4% |
| Stocks and contracts in progress | 3 | €281,871 | €239,980 | -€41,891 | -14.9% |
| Stocks | 30/36 | €281,871 | €239,980 | -€41,891 | -14.9% |
| Amounts receivable within one year | 40/41 | €143,298 | €138,647 | -€4,651 | -3.2% |
| Trade receivables | 40 | €85,017 | €51,261 | -€33,756 | -39.7% |
| Other amounts receivable | 41 | €58,281 | €87,386 | +€29,105 | +49.9% |
| Cash at bank and in hand | 54/58 | €26,640 | €21,741 | -€4,899 | -18.4% |
| Deferred charges and accrued income | 490/1 | €2,913 | €2,618 | -€295 | -10.1% |
| Total equity and liabilities | 10/49 | €498,216 | €429,561 | -€68,654 | -13.8% |
| Equity | 10/15 | €363,951 | €377,048 | +€13,098 | +3.6% |
| Contributions | 10/11 | €48,800 | €48,800 | = | 0.0% |
| Contributions outside capital | 11 | €48,800 | €48,800 | = | 0.0% |
| Other | 1109/19 | €48,800 | €48,800 | = | 0.0% |
| Reserves | 13 | €315,151 | €328,248 | +€13,098 | +4.2% |
| Distributable reserves | 133 | €315,151 | €328,248 | +€13,098 | +4.2% |
| Amounts payable | 17/49 | €134,265 | €52,513 | -€81,752 | -60.9% |
| Amounts payable after more than one year | 17 | €645 | - | -€645 | |
| Financial debts | 170/4 | €645 | - | -€645 | |
| Amounts payable within one year | 42/48 | €133,620 | €52,513 | -€81,107 | -60.7% |
| Current portion of amounts payable after more than one year | 42 | €14,107 | €645 | -€13,463 | -95.4% |
| Financial debts | 43 | €63,362 | €4,693 | -€58,669 | -92.6% |
| Credit institutions | 430/8 | €55,000 | - | -€55,000 | |
| Other loans | 439 | €8,362 | €4,693 | -€3,669 | -43.9% |
| Trade debts | 44 | €28,300 | €17,542 | -€10,758 | -38.0% |
| Suppliers | 440/4 | €28,300 | €17,542 | -€10,758 | -38.0% |
| Taxes, remuneration and social security | 45 | €27,851 | €29,633 | +€1,783 | +6.4% |
| Taxes | 450/3 | €20,876 | €22,012 | +€1,136 | +5.4% |
| Remuneration and social security | 454/9 | €6,975 | €7,621 | +€646 | +9.3% |
| Remuneration, social security and pensions | 62 | €47,166 | €51,459 | +€4,293 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,963 | €18,617 | -€2,346 | -11.2% |
| Other operating charges | 640/8 | €1,182 | €1,363 | +€180 | +15.3% |
| Gross operating margin | 9900 | €112,844 | €92,197 | -€20,647 | -18.3% |
| Operating profit (loss) | 9901 | €43,533 | €20,759 | -€22,774 | -52.3% |
| Financial income | 75/76B | €1,764 | €4,014 | +€2,250 | +128% |
| Recurring financial income | 75 | €1,764 | €4,014 | +€2,250 | +128% |
| Financial charges | 65/66B | €3,013 | €4,943 | +€1,931 | +64.1% |
| Recurring financial charges | 65 | €3,013 | €4,943 | +€1,931 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €42,284 | €19,829 | -€22,455 | -53.1% |
| Income taxes | 67/77 | €13,839 | €6,732 | -€7,107 | -51.4% |
| Profit (loss) for the period | 9904 | €28,445 | €13,098 | -€15,348 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,445 | €13,098 | -€15,348 | -54.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.