Eldero: 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.
Eldero
Largest movements
- Cash +€7,807
up €7,807 (+130%), from €6,014 to €13,821
mainly Contributions, distributions and other (+€15,954) and Net result for the year (+€2,685)
- Stocks and contracts +€7,186
new in 2025: €7,186
- Receivables within one year +€3,646
new in 2025: €3,646
- Reserves +€18,639
up €18,639 (+310%), from €6,014 to €24,653
of which Distributable reserves: +€18,639
- Gross operating margin +€3,258
up €3,258 (+121%), from €2,698 to €5,956
- Other operating charges +€1,359
up €1,359 (+134%), from €1,017 to €2,376
- Taxes +€475
up €475 (+113%), from €420 to €895
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 | €6,014 | €24,653 | +€18,639 | +310% |
| Current assets | 29/58 | €6,014 | €24,653 | +€18,639 | +310% |
| Stocks and contracts in progress | 3 | - | €7,186 | +€7,186 | |
| Stocks | 30/36 | - | €7,186 | +€7,186 | |
| Amounts receivable within one year | 40/41 | - | €3,646 | +€3,646 | |
| Trade receivables | 40 | - | €3,646 | +€3,646 | |
| Cash at bank and in hand | 54/58 | €6,014 | €13,821 | +€7,807 | +130% |
| Total equity and liabilities | 10/49 | €6,014 | €24,653 | +€18,639 | +310% |
| Equity | 10/15 | €6,014 | €24,653 | +€18,639 | +310% |
| Reserves | 13 | €6,014 | €24,653 | +€18,639 | +310% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,154 | €22,793 | +€18,639 | +449% |
| Other operating charges | 640/8 | €1,017 | €2,376 | +€1,359 | +134% |
| Gross operating margin | 9900 | €2,698 | €5,956 | +€3,258 | +121% |
| Operating profit (loss) | 9901 | €1,681 | €3,580 | +€1,899 | +113% |
| Profit (loss) for the period before taxes | 9903 | €1,681 | €3,580 | +€1,899 | +113% |
| Income taxes | 67/77 | €420 | €895 | +€475 | +113% |
| Profit (loss) for the period | 9904 | €1,261 | €2,685 | +€1,424 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €1,261 | €2,685 | +€1,424 | +113% |
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 14 October 2026 via checked.be.