ELC GREEN LABEL: what changed
What changed
ELC GREEN LABEL
NACE 95.220, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
filed annual accounts (NBB)
Net result for the year
€16,114
2024 · €34,130-€18,016
Equity
€125,662
2024 · €161,548-€35,886
Cash
€154,129
2024 · €209,009-€54,880
Balance sheet total
€181,911
2024 · €223,074-€41,163
Largest movements
Assets
- Cash -€54,880
down €54,880 (-26.3%), from €209,009 to €154,129
mainly Contributions, distributions and other (-€52,000) and Receivables within one year (-€11,918)
- Receivables within one year +€11,918
up €11,918 (+89.9%), from €13,250 to €25,168
Equity and liabilities
- Reserves -€36,000
down €36,000 (-38.7%), from €93,000 to €57,000
of which Distributable reserves: -€36,000
- Other debts -€4,976
down €4,976 (-28.5%), from €17,469 to €12,493
Income statement
- Gross operating margin -€20,467
down €20,467 (-49.9%), from €40,994 to €20,527
- Taxes -€2,584
down €2,584 (-46.2%), from €5,598 to €3,014
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€34,130
Gross operating margin
-€20,467
Depreciation
+€79
Other operating charges
-€29
Other operating items
-€11
Financial income
-€24
Financial charges
-€148
Taxes
+€2,584
Result 2025
€16,114
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€593
Investment
-€2,287
Financing
-€52,000
Cash 2024
€209,009
From operations (derived)
-€593
Net result for the year
+€16,114
Depreciation
+€178
Receivables within one year
-€11,918
Deferred charges and accrued income
+€310
Trade debts
-€851
Tax, wage and social debts
+€550
Other debts
-€4,976
Investment (derived)
-€2,287
Investment in fixed assets (net)
-€2,287
Financing
-€52,000
Contributions, distributions and other
-€52,000
Cash 2025
€154,129
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,074 | €181,911 | -€41,163 | -18.5% |
| Fixed assets | 21/28 | - | €2,109 | +€2,109 | |
| Tangible fixed assets | 22/27 | - | €2,109 | +€2,109 | |
| Furniture and vehicles | 24 | - | €2,109 | +€2,109 | |
| Current assets | 29/58 | €223,074 | €179,802 | -€43,272 | -19.4% |
| Amounts receivable within one year | 40/41 | €13,250 | €25,168 | +€11,918 | +89.9% |
| Trade receivables | 40 | €13,250 | €25,168 | +€11,918 | +89.9% |
| Cash at bank and in hand | 54/58 | €209,009 | €154,129 | -€54,880 | -26.3% |
| Deferred charges and accrued income | 490/1 | €815 | €505 | -€310 | -38.0% |
| Total equity and liabilities | 10/49 | €223,074 | €181,911 | -€41,163 | -18.5% |
| Equity | 10/15 | €161,548 | €125,662 | -€35,886 | -22.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €93,000 | €57,000 | -€36,000 | -38.7% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €54,000 | -€36,000 | -40.0% |
| Profit (loss) carried forward | 14 | €38,548 | €38,662 | +€114 | +0.3% |
| Amounts payable | 17/49 | €61,526 | €56,249 | -€5,277 | -8.6% |
| Amounts payable after more than one year | 17 | €28,000 | €28,000 | = | 0.0% |
| Financial debts | 170/4 | €28,000 | €28,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,686 | €27,409 | -€5,277 | -16.1% |
| Trade debts | 44 | €2,258 | €1,407 | -€851 | -37.7% |
| Suppliers | 440/4 | €2,258 | €1,407 | -€851 | -37.7% |
| Taxes, remuneration and social security | 45 | €12,959 | €13,509 | +€550 | +4.2% |
| Taxes | 450/3 | €12,959 | €13,509 | +€550 | +4.2% |
| Other amounts payable | 47/48 | €17,469 | €12,493 | -€4,976 | -28.5% |
| Accrued charges and deferred income | 492/3 | €840 | €840 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3 | +€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €178 | -€79 | -30.7% |
| Other operating charges | 640/8 | €979 | €1,008 | +€29 | +3.0% |
| Non-recurring operating charges | 66A | €116 | €127 | +€11 | +9.5% |
| Gross operating margin | 9900 | €40,994 | €20,527 | -€20,467 | -49.9% |
| Operating profit (loss) | 9901 | €39,642 | €19,214 | -€20,428 | -51.5% |
| Financial income | 75/76B | €2,084 | €2,060 | -€24 | -1.2% |
| Recurring financial income | 75 | €2,084 | €2,060 | -€24 | -1.2% |
| Financial charges | 65/66B | €1,998 | €2,146 | +€148 | +7.4% |
| Recurring financial charges | 65 | €1,998 | €1,815 | -€183 | -9.2% |
| Non-recurring financial charges | 66B | - | €331 | +€331 | |
| Profit (loss) for the period before taxes | 9903 | €39,728 | €19,128 | -€20,600 | -51.9% |
| Income taxes | 67/77 | €5,598 | €3,014 | -€2,584 | -46.2% |
| Profit (loss) for the period | 9904 | €34,130 | €16,114 | -€18,016 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,130 | €16,114 | -€18,016 | -52.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.