eld group: 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.
eld group
Largest movements
- Receivables within one year +€123,678
up €123,678 (+213%), from €58,002 to €181,680
of which Trade receivables: +€69,575
- Financial fixed assets +€120,000
up €120,000 (+3.9%), from €3.1m to €3.2m
- Reserves +€181,064
up €181,064 (+10.9%), from €1.7m to €1.8m
of which Distributable reserves: +€181,064
- Debts after one year -€172,939
down €172,939 (-27.0%), from €639,926 to €466,987
- Other debts +€168,538
up €168,538 (+80.6%), from €209,184 to €377,722
- Trade debts +€40,200
up €40,200 (+26.1%), from €153,777 to €193,977
- Financial income +€84,649
new in 2025: €84,649
- Gross operating margin -€17,505
down €17,505 (-9.9%), from €176,497 to €158,991
- Taxes -€10,382
down €10,382 (-26.6%), from €39,011 to €28,630
- Financial charges +€2,718
up €2,718 (+9.3%), from €29,140 to €31,859
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 | €3,171,367 | €3,400,073 | +€228,707 | +7.2% |
| Fixed assets | 21/28 | €3,094,000 | €3,214,000 | +€120,000 | +3.9% |
| Financial fixed assets | 28 | €3,094,000 | €3,214,000 | +€120,000 | +3.9% |
| Current assets | 29/58 | €77,367 | €186,073 | +€108,707 | +141% |
| Amounts receivable within one year | 40/41 | €58,002 | €181,680 | +€123,678 | +213% |
| Trade receivables | 40 | €57,475 | €127,050 | +€69,575 | +121% |
| Other amounts receivable | 41 | €527 | €54,630 | +€54,103 | +10,262% |
| Cash at bank and in hand | 54/58 | €19,364 | €4,393 | -€14,971 | -77.3% |
| Total equity and liabilities | 10/49 | €3,171,367 | €3,400,073 | +€228,707 | +7.2% |
| Equity | 10/15 | €1,961,613 | €2,142,677 | +€181,064 | +9.2% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,661,613 | €1,842,677 | +€181,064 | +10.9% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €1,631,613 | €1,812,677 | +€181,064 | +11.1% |
| Amounts payable | 17/49 | €1,209,753 | €1,257,396 | +€47,643 | +3.9% |
| Amounts payable after more than one year | 17 | €639,926 | €466,987 | -€172,939 | -27.0% |
| Financial debts | 170/4 | €639,926 | €466,987 | -€172,939 | -27.0% |
| Amounts payable within one year | 42/48 | €569,827 | €790,409 | +€220,581 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €167,855 | €172,939 | +€5,084 | +3.0% |
| Trade debts | 44 | €153,777 | €193,977 | +€40,200 | +26.1% |
| Suppliers | 440/4 | €153,777 | €193,977 | +€40,200 | +26.1% |
| Taxes, remuneration and social security | 45 | €39,011 | €45,770 | +€6,759 | +17.3% |
| Taxes | 450/3 | €39,011 | €45,770 | +€6,759 | +17.3% |
| Other amounts payable | 47/48 | €209,184 | €377,722 | +€168,538 | +80.6% |
| Other operating charges | 640/8 | €1,178 | €2,088 | +€910 | +77.2% |
| Gross operating margin | 9900 | €176,497 | €158,991 | -€17,505 | -9.9% |
| Operating profit (loss) | 9901 | €175,319 | €156,904 | -€18,415 | -10.5% |
| Financial income | 75/76B | - | €84,649 | +€84,649 | |
| Recurring financial income | 75 | - | €84,649 | +€84,649 | |
| Financial charges | 65/66B | €29,140 | €31,859 | +€2,718 | +9.3% |
| Recurring financial charges | 65 | €29,140 | €31,859 | +€2,718 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €146,179 | €209,694 | +€63,515 | +43.5% |
| Income taxes | 67/77 | €39,011 | €28,630 | -€10,382 | -26.6% |
| Profit (loss) for the period | 9904 | €107,167 | €181,064 | +€73,897 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,167 | €181,064 | +€73,897 | +69.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.