ELDILOK: 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.
ELDILOK
Largest movements
- Receivables within one year -€73,649
down €73,649 (-91.1%), from €80,871 to €7,222
of which Trade receivables: -€71,206
- Cash +€69,143
up €69,143 (+42.3%), from €163,408 to €232,551
mainly Depreciation (+€207,536) and Net result for the year (+€100,974)
- Current investments +€35,000
up €35,000 (+53.5%), from €65,474 to €100,474
- Debts after one year -€113,157
down €113,157 (-4.9%), from €2.3m to €2.2m
- Reserves +€100,000
up €100,000 (+36.8%), from €271,860 to €371,860
of which Distributable reserves: +€100,000
- Accrued charges and deferred income +€73,115
up €73,115 (+45.3%), from €161,271 to €234,386
- Trade debts -€44,371
down €44,371 (-44.7%), from €99,318 to €54,946
- Gross operating margin +€186,274
up €186,274 (+33.5%), from €556,075 to €742,348
- Staff costs +€84,134
up €84,134 (+39.9%), from €210,937 to €295,071
- Financial charges +€24,341
up €24,341 (+38.9%), from €62,516 to €86,858
- Taxes +€22,865
up €22,865 (+92.2%), from €24,791 to €47,655
- Depreciation +€19,755
up €19,755 (+10.5%), from €187,781 to €207,536
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.
Cash bridge derived
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 | €3,465,044 | €3,487,135 | +€22,091 | +0.6% |
| Fixed assets | 21/28 | €2,886,805 | €2,915,092 | +€28,287 | +1.0% |
| Tangible fixed assets | 22/27 | €2,886,805 | €2,915,092 | +€28,287 | +1.0% |
| Land and buildings | 22 | €2,383,817 | €2,455,029 | +€71,212 | +3.0% |
| Plant, machinery and equipment | 23 | €502,988 | €460,063 | -€42,925 | -8.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €578,239 | €572,043 | -€6,196 | -1.1% |
| Stocks and contracts in progress | 3 | €161,853 | €148,830 | -€13,022 | -8.0% |
| Stocks | 30/36 | €161,853 | €148,830 | -€13,022 | -8.0% |
| Amounts receivable within one year | 40/41 | €80,871 | €7,222 | -€73,649 | -91.1% |
| Trade receivables | 40 | €71,417 | €212 | -€71,206 | -99.7% |
| Other amounts receivable | 41 | €9,454 | €7,010 | -€2,444 | -25.8% |
| Current investments | 50/53 | €65,474 | €100,474 | +€35,000 | +53.5% |
| Cash at bank and in hand | 54/58 | €163,408 | €232,551 | +€69,143 | +42.3% |
| Deferred charges and accrued income | 490/1 | €106,633 | €82,965 | -€23,667 | -22.2% |
| Total equity and liabilities | 10/49 | €3,465,044 | €3,487,135 | +€22,091 | +0.6% |
| Equity | 10/15 | €570,171 | €671,145 | +€100,974 | +17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €271,860 | €371,860 | +€100,000 | +36.8% |
| 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 | €270,000 | €370,000 | +€100,000 | +37.0% |
| Profit (loss) carried forward | 14 | €279,711 | €280,685 | +€974 | +0.3% |
| Amounts payable | 17/49 | €2,894,872 | €2,815,990 | -€78,883 | -2.7% |
| Amounts payable after more than one year | 17 | €2,296,363 | €2,183,206 | -€113,157 | -4.9% |
| Financial debts | 170/4 | €2,296,363 | €2,183,206 | -€113,157 | -4.9% |
| Amounts payable within one year | 42/48 | €437,238 | €398,397 | -€38,841 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €246,582 | €245,188 | -€1,394 | -0.6% |
| Financial debts | 43 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Credit institutions | 430/8 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Trade debts | 44 | €99,318 | €54,946 | -€44,371 | -44.7% |
| Suppliers | 440/4 | €99,318 | €54,946 | -€44,371 | -44.7% |
| Taxes, remuneration and social security | 45 | €36,800 | €64,424 | +€27,623 | +75.1% |
| Taxes | 450/3 | €16,026 | €35,574 | +€19,548 | +122.0% |
| Remuneration and social security | 454/9 | €20,774 | €28,849 | +€8,075 | +38.9% |
| Other amounts payable | 47/48 | €4,538 | €3,839 | -€698 | -15.4% |
| Accrued charges and deferred income | 492/3 | €161,271 | €234,386 | +€73,115 | +45.3% |
| Non-recurring operating income | 76A | €2,867 | €0 | -€2,867 | -100.0% |
| Remuneration, social security and pensions | 62 | €210,937 | €295,071 | +€84,134 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,781 | €207,536 | +€19,755 | +10.5% |
| Other operating charges | 640/8 | €17,229 | €22,685 | +€5,456 | +31.7% |
| Gross operating margin | 9900 | €556,075 | €742,348 | +€186,274 | +33.5% |
| Operating profit (loss) | 9901 | €140,128 | €217,056 | +€76,928 | +54.9% |
| Financial income | 75/76B | €18,357 | €18,431 | +€74 | +0.4% |
| Recurring financial income | 75 | €18,357 | €18,431 | +€74 | +0.4% |
| Financial charges | 65/66B | €62,516 | €86,858 | +€24,341 | +38.9% |
| Recurring financial charges | 65 | €62,516 | €86,858 | +€24,341 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €95,968 | €148,629 | +€52,661 | +54.9% |
| Income taxes | 67/77 | €24,791 | €47,655 | +€22,865 | +92.2% |
| Profit (loss) for the period | 9904 | €71,178 | €100,974 | +€29,796 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €71,178 | €100,974 | +€29,796 | +41.9% |
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 9 October 2026 via checked.be.