ELDENT: what changed
Two fiscal 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.
ELDENT
Largest movements
- Tangible fixed assets +€136,929
up €136,929 (+89.7%), from €152,669 to €289,598
of which Land and buildings: +€131,449
- Receivables within one year +€23,563
up €23,563 (+35.5%), from €66,305 to €89,868
of which Other amounts receivable: +€33,318
- Debts after one year +€144,804
up €144,804 (+191.9%), from €75,463 to €220,267
- Reserves +€23,391
up €23,391 (+14.7%), from €159,046 to €182,438
- Other operating charges +€18,915
up €18,915 (+1175.4%), from €1,609 to €20,524
- Gross operating margin +€17,448
up €17,448 (+19.7%), from €88,566 to €106,014
- Depreciation -€7,992
down €7,992 (-24.4%), from €32,712 to €24,720
- Financial charges +€4,786
up €4,786 (+84.9%), from €5,637 to €10,423
- Financial income +€2,404
up €2,404 (+3419.0%), from €70 to €2,474
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,434 | €463,379 | +€170,945 | +58.5% |
| Fixed assets | 21/28 | €152,669 | €289,598 | +€136,929 | +89.7% |
| Tangible fixed assets | 22/27 | €152,669 | €289,598 | +€136,929 | +89.7% |
| Land and buildings | 22 | €148,659 | €280,108 | +€131,449 | +88.4% |
| Plant, machinery and equipment | 23 | €2,178 | €8,800 | +€6,622 | +304.0% |
| Furniture and vehicles | 24 | €1,832 | €690 | -€1,142 | -62.3% |
| Current assets | 29/58 | €139,765 | €173,780 | +€34,016 | +24.3% |
| Amounts receivable within one year | 40/41 | €66,305 | €89,868 | +€23,563 | +35.5% |
| Trade receivables | 40 | €12,709 | €2,953 | -€9,756 | -76.8% |
| Other amounts receivable | 41 | €53,596 | €86,915 | +€33,318 | +62.2% |
| Current investments | 50/53 | €68,733 | €71,390 | +€2,657 | +3.9% |
| Cash at bank and in hand | 54/58 | €1,791 | €6,056 | +€4,265 | +238.2% |
| Deferred charges and accrued income | 490/1 | €2,936 | €6,467 | +€3,531 | +120.3% |
| Total equity and liabilities | 10/49 | €292,434 | €463,379 | +€170,945 | +58.5% |
| Equity | 10/15 | €177,646 | €201,038 | +€23,391 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,046 | €182,438 | +€23,391 | +14.7% |
| Distributable reserves | 133 | €159,046 | €182,438 | +€23,391 | +14.7% |
| Amounts payable | 17/49 | €114,788 | €262,341 | +€147,553 | +128.5% |
| Amounts payable after more than one year | 17 | €75,463 | €220,267 | +€144,804 | +191.9% |
| Financial debts | 170/4 | €75,463 | €220,267 | +€144,804 | +191.9% |
| Amounts payable within one year | 42/48 | €39,025 | €40,802 | +€1,777 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €23,857 | €26,586 | +€2,728 | +11.4% |
| Trade debts | 44 | €2,549 | €4,717 | +€2,168 | +85.1% |
| Suppliers | 440/4 | €2,549 | €4,717 | +€2,168 | +85.1% |
| Taxes, remuneration and social security | 45 | €1,833 | €1,800 | -€33 | -1.8% |
| Taxes | 450/3 | €1,833 | - | -€1,833 | |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €10,786 | €7,700 | -€3,086 | -28.6% |
| Accrued charges and deferred income | 492/3 | €300 | €1,272 | +€972 | +324.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,712 | €24,720 | -€7,992 | -24.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,233 | €17,233 | = | 0.0% |
| Other operating charges | 640/8 | €1,609 | €20,524 | +€18,915 | +1175.4% |
| Gross operating margin | 9900 | €88,566 | €106,014 | +€17,448 | +19.7% |
| Operating profit (loss) | 9901 | €37,011 | €43,537 | +€6,525 | +17.6% |
| Financial income | 75/76B | €70 | €2,474 | +€2,404 | +3419.0% |
| Recurring financial income | 75 | €70 | €2,474 | +€2,404 | +3419.0% |
| Financial charges | 65/66B | €5,637 | €10,423 | +€4,786 | +84.9% |
| Recurring financial charges | 65 | €5,637 | €10,423 | +€4,786 | +84.9% |
| Profit (loss) for the period before taxes | 9903 | €31,445 | €35,588 | +€4,143 | +13.2% |
| Income taxes | 67/77 | €10,633 | €11,296 | +€663 | +6.2% |
| Profit (loss) for the period | 9904 | €20,811 | €24,291 | +€3,480 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,811 | €24,291 | +€3,480 | +16.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.