ELCOLUX: 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.
ELCOLUX
Largest movements
- Cash -€74,749
down €74,749 (-26.1%), from €286,343 to €211,595
mainly Contributions, distributions and other (-€79,047) and Investment in fixed assets (net) (-€66,017)
- Tangible fixed assets +€38,741
up €38,741 (+42.0%), from €92,150 to €130,891
of which Furniture and vehicles: +€43,333
- Receivables within one year -€34,878
down €34,878 (-94.2%), from €37,044 to €2,166
of which Other amounts receivable: -€34,769
- Current investments +€24,000
up €24,000 (+109%), from €22,000 to €46,000
- Deferred charges and accrued income +€7,311
up €7,311 (+38.7%), from €18,882 to €26,193
- Tax, wage and social debts -€19,053
down €19,053 (-89.1%), from €21,387 to €2,334
of which Taxes: -€19,241
- Other debts -€11,457
down €11,457 (-11.3%), from €101,837 to €90,380
- Reserves -€7,313
down €7,313 (-2.2%), from €325,447 to €318,134
- Gross operating margin -€128,829
down €128,829 (-48.0%), from €268,151 to €139,322
- Taxes -€31,638
down €31,638 (-52.7%), from €60,010 to €28,372
- Staff costs -€4,331
down €4,331 (-26.4%), from €16,409 to €12,078
- Financial income +€2,804
up €2,804 (+154%), from €1,817 to €4,621
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 | €456,420 | €416,844 | -€39,575 | -8.7% |
| Fixed assets | 21/28 | €92,150 | €130,891 | +€38,741 | +42.0% |
| Tangible fixed assets | 22/27 | €92,150 | €130,891 | +€38,741 | +42.0% |
| Plant, machinery and equipment | 23 | €1,254 | €451 | -€804 | -64.1% |
| Furniture and vehicles | 24 | €7,395 | €50,728 | +€43,333 | +586% |
| Other tangible fixed assets | 26 | €83,501 | €79,712 | -€3,789 | -4.5% |
| Current assets | 29/58 | €364,270 | €285,954 | -€78,316 | -21.5% |
| Amounts receivable within one year | 40/41 | €37,044 | €2,166 | -€34,878 | -94.2% |
| Trade receivables | 40 | €1,255 | €1,146 | -€109 | -8.7% |
| Other amounts receivable | 41 | €35,790 | €1,021 | -€34,769 | -97.1% |
| Current investments | 50/53 | €22,000 | €46,000 | +€24,000 | +109% |
| Cash at bank and in hand | 54/58 | €286,343 | €211,595 | -€74,749 | -26.1% |
| Deferred charges and accrued income | 490/1 | €18,882 | €26,193 | +€7,311 | +38.7% |
| Total equity and liabilities | 10/49 | €456,420 | €416,844 | -€39,575 | -8.7% |
| Equity | 10/15 | €325,547 | €318,234 | -€7,313 | -2.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €325,447 | €318,134 | -€7,313 | -2.2% |
| Distributable reserves | 133 | €325,447 | €318,134 | -€7,313 | -2.2% |
| Amounts payable | 17/49 | €130,873 | €98,610 | -€32,262 | -24.7% |
| Amounts payable within one year | 42/48 | €130,873 | €98,111 | -€32,762 | -25.0% |
| Trade debts | 44 | €7,648 | €5,397 | -€2,251 | -29.4% |
| Suppliers | 440/4 | €7,648 | €5,397 | -€2,251 | -29.4% |
| Taxes, remuneration and social security | 45 | €21,387 | €2,334 | -€19,053 | -89.1% |
| Taxes | 450/3 | €19,534 | €293 | -€19,241 | -98.5% |
| Remuneration and social security | 454/9 | €1,853 | €2,041 | +€188 | +10.1% |
| Other amounts payable | 47/48 | €101,837 | €90,380 | -€11,457 | -11.3% |
| Accrued charges and deferred income | 492/3 | - | €499 | +€499 | |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €16,409 | €12,078 | -€4,331 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,540 | €27,276 | -€2,264 | -7.7% |
| Other operating charges | 640/8 | €3,824 | €3,826 | +€2 | 0.0% |
| Gross operating margin | 9900 | €268,151 | €139,322 | -€128,829 | -48.0% |
| Operating profit (loss) | 9901 | €218,378 | €96,142 | -€122,236 | -56.0% |
| Financial income | 75/76B | €1,817 | €4,621 | +€2,804 | +154% |
| Recurring financial income | 75 | €1,817 | €4,621 | +€2,804 | +154% |
| Financial charges | 65/66B | €509 | €658 | +€148 | +29.1% |
| Recurring financial charges | 65 | €509 | €658 | +€148 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €219,686 | €100,106 | -€119,580 | -54.4% |
| Income taxes | 67/77 | €60,010 | €28,372 | -€31,638 | -52.7% |
| Profit (loss) for the period | 9904 | €159,676 | €71,734 | -€87,942 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €159,676 | €71,734 | -€87,942 | -55.1% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.