ELDECO HANDELSAGENTUUR: what changed
What changed
ELDECO HANDELSAGENTUUR
NACE 46.130, Agents in the wholesale of timber and building materials
filed annual accounts (NBB)
Net result for the year
€120
2024 · €12,039-€11,919
Equity
€558,163
2024 · €558,043+€120
Cash
€238
2024 · €11,894-€11,655
Balance sheet total
€2.0m
2024 · €2.5m-€514,880
Largest movements
Assets
- Receivables within one year -€466,502
down €466,502 (-31.3%), from €1.5m to €1.0m
of which Other amounts receivable: -€463,409
- Deferred charges and accrued income -€35,298
no longer reported in 2025 (was €35,298)
Equity and liabilities
- Other debts -€335,345
down €335,345 (-24.1%), from €1.4m to €1.1m
- Accrued charges and deferred income -€89,395
no longer reported in 2025 (was €89,395)
- Short-term financial debts -€65,019
no longer reported in 2025 (was €65,019)
- Debts after one year -€64,964
down €64,964 (-16.8%), from €385,845 to €320,881
- Current portion of long-term debt +€64,964
new in 2025: €64,964
Income statement
- Financial income +€121,917
up €121,917 (+412%), from €29,594 to €151,511
- Gross operating margin -€74,925
down €74,925 (-8.5%), from €876,557 to €801,632
- Financial charges +€53,175
up €53,175 (+6.3%), from €844,216 to €897,391
- Staff costs +€15,729
up €15,729 (+120%), from €13,139 to €28,868
- Taxes -€9,462
down €9,462 (-81.7%), from €11,578 to €2,116
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
€12,039
Gross operating margin
-€74,925
Staff costs
-€15,729
Depreciation
-€421
Other operating charges
+€951
Financial income
+€121,917
Financial charges
-€53,175
Taxes
+€9,462
Result 2025
€120
raises the resultlowers the result
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
+€76,091
Investment
-€22,727
Financing
-€65,019
Cash 2024
€11,894
From operations (derived)
+€76,091
Net result for the year
+€120
Depreciation
+€24,152
Receivables within one year
+€466,502
Deferred charges and accrued income
+€35,298
Trade debts
-€34,765
Tax, wage and social debts
+€9,523
Other debts
-€335,345
Accrued charges and deferred income
-€89,395
Investment (derived)
-€22,727
Investment in fixed assets (net)
-€22,727
Financing
-€65,019
Debts after one year
-€64,964
Current portion of long-term debt
+€64,964
Short-term financial debts
-€65,019
Cash 2025
€238
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,533,592 | €2,018,712 | -€514,880 | -20.3% |
| Fixed assets | 21/28 | €996,425 | €995,000 | -€1,424 | -0.1% |
| Tangible fixed assets | 22/27 | €64,545 | €63,120 | -€1,424 | -2.2% |
| Land and buildings | 22 | €2,402 | €2,402 | = | 0.0% |
| Furniture and vehicles | 24 | €54,115 | €60,015 | +€5,901 | +10.9% |
| Other tangible fixed assets | 26 | €8,028 | €703 | -€7,325 | -91.2% |
| Financial fixed assets | 28 | €931,880 | €931,880 | = | 0.0% |
| Current assets | 29/58 | €1,537,167 | €1,023,711 | -€513,456 | -33.4% |
| Amounts receivable within one year | 40/41 | €1,489,975 | €1,023,473 | -€466,502 | -31.3% |
| Trade receivables | 40 | €3,093 | - | -€3,093 | |
| Other amounts receivable | 41 | €1,486,882 | €1,023,473 | -€463,409 | -31.2% |
| Cash at bank and in hand | 54/58 | €11,894 | €238 | -€11,655 | -98.0% |
| Deferred charges and accrued income | 490/1 | €35,298 | - | -€35,298 | |
| Total equity and liabilities | 10/49 | €2,533,592 | €2,018,712 | -€514,880 | -20.3% |
| Equity | 10/15 | €558,043 | €558,163 | +€120 | 0.0% |
| Contributions | 10/11 | €252,600 | €252,600 | = | 0.0% |
| Reserves | 13 | €305,443 | €305,563 | +€120 | 0.0% |
| Non-distributable reserves | 130/1 | €25,260 | €22,108 | -€3,152 | -12.5% |
| Reserves not available under the articles | 1311 | €25,260 | €22,108 | -€3,152 | -12.5% |
| Distributable reserves | 133 | €280,183 | €283,455 | +€3,272 | +1.2% |
| Amounts payable | 17/49 | €1,975,549 | €1,460,548 | -€515,000 | -26.1% |
| Amounts payable after more than one year | 17 | €385,845 | €320,881 | -€64,964 | -16.8% |
| Financial debts | 170/4 | €385,845 | €320,881 | -€64,964 | -16.8% |
| Amounts payable within one year | 42/48 | €1,500,309 | €1,139,667 | -€360,642 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | - | €64,964 | +€64,964 | |
| Financial debts | 43 | €65,019 | - | -€65,019 | |
| Credit institutions | 430/8 | €65,019 | - | -€65,019 | |
| Trade debts | 44 | €34,765 | - | -€34,765 | |
| Suppliers | 440/4 | €34,765 | - | -€34,765 | |
| Taxes, remuneration and social security | 45 | €11,503 | €21,027 | +€9,523 | +82.8% |
| Taxes | 450/3 | €11,503 | €17,262 | +€5,759 | +50.1% |
| Remuneration and social security | 454/9 | - | €3,765 | +€3,765 | |
| Other amounts payable | 47/48 | €1,389,022 | €1,053,677 | -€335,345 | -24.1% |
| Accrued charges and deferred income | 492/3 | €89,395 | - | -€89,395 | |
| Remuneration, social security and pensions | 62 | €13,139 | €28,868 | +€15,729 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,730 | €24,152 | +€421 | +1.8% |
| Other operating charges | 640/8 | €1,448 | €496 | -€951 | -65.7% |
| Gross operating margin | 9900 | €876,557 | €801,632 | -€74,925 | -8.5% |
| Operating profit (loss) | 9901 | €838,240 | €748,116 | -€90,124 | -10.8% |
| Financial income | 75/76B | €29,594 | €151,511 | +€121,917 | +412% |
| Recurring financial income | 75 | €29,594 | €151,511 | +€121,917 | +412% |
| Financial charges | 65/66B | €844,216 | €897,391 | +€53,175 | +6.3% |
| Recurring financial charges | 65 | €844,216 | €897,391 | +€53,175 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €23,618 | €2,236 | -€21,382 | -90.5% |
| Income taxes | 67/77 | €11,578 | €2,116 | -€9,462 | -81.7% |
| Profit (loss) for the period | 9904 | €12,039 | €120 | -€11,919 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,039 | €120 | -€11,919 | -99.0% |
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 2 November 2026 via checked.be.