Eldeco: 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.
Eldeco
Largest movements
- Cash +€22,253
up €22,253 (+41.5%), from €53,636 to €75,889
mainly Receivables within one year (+€21,189) and Other debts (+€8,727)
- Receivables within one year -€21,189
down €21,189 (-53.1%), from €39,937 to €18,748
of which Trade receivables: -€21,911
- Tangible fixed assets -€7,760
down €7,760 (-13.7%), from €56,671 to €48,911
of which Furniture and vehicles: -€5,634
- Trade debts -€12,131
down €12,131 (-29.5%), from €41,094 to €28,963
- Other debts +€8,727
up €8,727 (+22.5%), from €38,769 to €47,496
- Tax, wage and social debts -€3,692
down €3,692 (-86.4%), from €4,274 to €582
- Gross operating margin -€4,095
down €4,095 (-19.3%), from €21,254 to €17,159
- Taxes -€925
down €925 (-51.9%), from €1,781 to €856
- Depreciation -€717
down €717 (-8.5%), from €8,477 to €7,760
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 | €273,911 | €268,623 | -€5,288 | -1.9% |
| Fixed assets | 21/28 | €56,721 | €48,961 | -€7,760 | -13.7% |
| Tangible fixed assets | 22/27 | €56,671 | €48,911 | -€7,760 | -13.7% |
| Land and buildings | 22 | €34,401 | €34,357 | -€44 | -0.1% |
| Plant, machinery and equipment | 23 | €6,201 | €4,119 | -€2,082 | -33.6% |
| Furniture and vehicles | 24 | €16,069 | €10,435 | -€5,634 | -35.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €217,190 | €219,662 | +€2,472 | +1.1% |
| Stocks and contracts in progress | 3 | €123,617 | €125,025 | +€1,408 | +1.1% |
| Stocks | 30/36 | €123,617 | €125,025 | +€1,408 | +1.1% |
| Amounts receivable within one year | 40/41 | €39,937 | €18,748 | -€21,189 | -53.1% |
| Trade receivables | 40 | €35,071 | €13,160 | -€21,911 | -62.5% |
| Other amounts receivable | 41 | €4,866 | €5,588 | +€722 | +14.8% |
| Cash at bank and in hand | 54/58 | €53,636 | €75,889 | +€22,253 | +41.5% |
| Total equity and liabilities | 10/49 | €273,911 | €268,623 | -€5,288 | -1.9% |
| Equity | 10/15 | €189,774 | €191,582 | +€1,808 | +1.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €139,774 | €141,582 | +€1,808 | +1.3% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €134,774 | €136,582 | +€1,808 | +1.3% |
| Amounts payable | 17/49 | €84,137 | €77,041 | -€7,096 | -8.4% |
| Amounts payable within one year | 42/48 | €84,137 | €77,041 | -€7,096 | -8.4% |
| Trade debts | 44 | €41,094 | €28,963 | -€12,131 | -29.5% |
| Suppliers | 440/4 | €41,094 | €28,963 | -€12,131 | -29.5% |
| Taxes, remuneration and social security | 45 | €4,274 | €582 | -€3,692 | -86.4% |
| Taxes | 450/3 | €4,274 | €582 | -€3,692 | -86.4% |
| Other amounts payable | 47/48 | €38,769 | €47,496 | +€8,727 | +22.5% |
| Remuneration, social security and pensions | 62 | €116 | - | -€116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,477 | €7,760 | -€717 | -8.5% |
| Other operating charges | 640/8 | €6,836 | €6,628 | -€208 | -3.0% |
| Gross operating margin | 9900 | €21,254 | €17,159 | -€4,095 | -19.3% |
| Operating profit (loss) | 9901 | €5,825 | €2,771 | -€3,054 | -52.4% |
| Financial income | 75/76B | €49 | €124 | +€75 | +153% |
| Recurring financial income | 75 | €49 | €124 | +€75 | +153% |
| Financial charges | 65/66B | €246 | €231 | -€15 | -6.1% |
| Recurring financial charges | 65 | €246 | €231 | -€15 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €5,628 | €2,664 | -€2,964 | -52.7% |
| Income taxes | 67/77 | €1,781 | €856 | -€925 | -51.9% |
| Profit (loss) for the period | 9904 | €3,847 | €1,808 | -€2,039 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,847 | €1,808 | -€2,039 | -53.0% |
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 15 October 2026 via checked.be.