ELB DIENST: 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.
ELB DIENST
Largest movements
- Tangible fixed assets +€18,637
up €18,637 (+80.3%), from €23,209 to €41,846
- Receivables within one year +€11,886
up €11,886 (+84.2%), from €14,120 to €26,006
- Cash -€10,724
down €10,724 (-59.7%), from €17,957 to €7,233
mainly Investment in fixed assets (net) (-€32,000) and Receivables within one year (-€11,886)
- Deferred charges and accrued income -€1,862
no longer reported in 2025 (was €1,862)
- Trade debts +€7,769
up €7,769 (+35.4%), from €21,953 to €29,722
- Tax, wage and social debts +€6,004
up €6,004 (+103%), from €5,832 to €11,837
- Profit (loss) carried forward +€3,682
up €3,682 (+23.7%), from €15,545 to €19,227
- Purchases and services +€118,432
up €118,432 (+111%), from €106,640 to €225,072
- Gross operating margin -€17,558
down €17,558 (-41.5%), from €42,268 to €24,710
- Taxes -€4,066
down €4,066 (-74.6%), from €5,454 to €1,388
- Other operating charges -€2,061
down €2,061 (-26.8%), from €7,703 to €5,641
- Depreciation +€628
up €628 (+4.9%), from €12,735 to €13,363
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 | €57,148 | €75,086 | +€17,937 | +31.4% |
| Fixed assets | 21/28 | €23,209 | €41,846 | +€18,637 | +80.3% |
| Tangible fixed assets | 22/27 | €23,209 | €41,846 | +€18,637 | +80.3% |
| Furniture and vehicles | 24 | €23,209 | €41,846 | +€18,637 | +80.3% |
| Current assets | 29/58 | €33,939 | €33,239 | -€700 | -2.1% |
| Amounts receivable within one year | 40/41 | €14,120 | €26,006 | +€11,886 | +84.2% |
| Other amounts receivable | 41 | €14,120 | €26,006 | +€11,886 | +84.2% |
| Cash at bank and in hand | 54/58 | €17,957 | €7,233 | -€10,724 | -59.7% |
| Deferred charges and accrued income | 490/1 | €1,862 | - | -€1,862 | |
| Total equity and liabilities | 10/49 | €57,148 | €75,086 | +€17,937 | +31.4% |
| Equity | 10/15 | €29,363 | €33,527 | +€4,164 | +14.2% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Capital | 10 | €13,000 | €13,000 | = | 0.0% |
| Issued capital | 100 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €818 | €1,300 | +€482 | +58.9% |
| Non-distributable reserves | 130/1 | €818 | €1,300 | +€482 | +58.9% |
| Legal reserve | 130 | €818 | €1,300 | +€482 | +58.9% |
| Profit (loss) carried forward | 14 | €15,545 | €19,227 | +€3,682 | +23.7% |
| Amounts payable | 17/49 | €27,785 | €41,558 | +€13,773 | +49.6% |
| Amounts payable within one year | 42/48 | €27,785 | €41,558 | +€13,773 | +49.6% |
| Trade debts | 44 | €21,953 | €29,722 | +€7,769 | +35.4% |
| Suppliers | 440/4 | €21,953 | €29,722 | +€7,769 | +35.4% |
| Taxes, remuneration and social security | 45 | €5,832 | €11,837 | +€6,004 | +103% |
| Taxes | 450/3 | €5,832 | €11,837 | +€6,004 | +103% |
| Goods, raw materials, services and sundry goods | 60/61 | €106,640 | €225,072 | +€118,432 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,735 | €13,363 | +€628 | +4.9% |
| Other operating charges | 640/8 | €7,703 | €5,641 | -€2,061 | -26.8% |
| Gross operating margin | 9900 | €42,268 | €24,710 | -€17,558 | -41.5% |
| Operating profit (loss) | 9901 | €21,831 | €5,705 | -€16,125 | -73.9% |
| Financial charges | 65/66B | €13 | €153 | +€140 | +1,087% |
| Recurring financial charges | 65 | €13 | €153 | +€140 | +1,087% |
| Profit (loss) for the period before taxes | 9903 | €21,818 | €5,552 | -€16,265 | -74.6% |
| Income taxes | 67/77 | €5,454 | €1,388 | -€4,066 | -74.6% |
| Profit (loss) for the period | 9904 | €16,363 | €4,164 | -€12,199 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,363 | €4,164 | -€12,199 | -74.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.