ELDIME: 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.
ELDIME
Largest movements
- Financial fixed assets -€85,792
down €85,792 (-21.4%), from €401,675 to €315,883
- Current investments -€44,844
down €44,844 (-74.7%), from €60,000 to €15,156
- Receivables within one year +€8,430
up €8,430, from €0 to €8,430
- Other debts -€135,984
down €135,984 (-73.7%), from €184,555 to €48,571
- Reserves +€78,104
up €78,104 (+62.7%), from €124,564 to €202,668
- Debts after one year -€57,794
down €57,794 (-52.2%), from €110,614 to €52,820
of which Financial debts: -€29,103
- Tax, wage and social debts -€14,015
down €14,015 (-100.0%), from €14,015 to €0
- Trade debts +€8,381
up €8,381 (+619.0%), from €1,354 to €9,735
- Gross operating margin -€34,811
down €34,811 (-28.6%), from €121,779 to €86,968
- Financial income +€11,764
up €11,764 (+11031.8%), from €107 to €11,871
- Taxes -€9,012
down €9,012 (-33.7%), from €26,746 to €17,735
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,045 | €344,897 | -€121,148 | -26.0% |
| Fixed assets | 21/28 | €402,893 | €316,712 | -€86,181 | -21.4% |
| Tangible fixed assets | 22/27 | €1,218 | €829 | -€389 | -31.9% |
| Furniture and vehicles | 24 | €1,218 | €829 | -€389 | -31.9% |
| Financial fixed assets | 28 | €401,675 | €315,883 | -€85,792 | -21.4% |
| Current assets | 29/58 | €63,151 | €28,185 | -€34,967 | -55.4% |
| Amounts receivable within one year | 40/41 | €0 | €8,430 | +€8,430 | |
| Other amounts receivable | 41 | €0 | €8,430 | +€8,430 | |
| Current investments | 50/53 | €60,000 | €15,156 | -€44,844 | -74.7% |
| Cash at bank and in hand | 54/58 | €2,014 | €2,824 | +€810 | +40.2% |
| Deferred charges and accrued income | 490/1 | €1,137 | €1,775 | +€637 | +56.0% |
| Total equity and liabilities | 10/49 | €466,045 | €344,897 | -€121,148 | -26.0% |
| Equity | 10/15 | €126,564 | €204,668 | +€78,104 | +61.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €124,564 | €202,668 | +€78,104 | +62.7% |
| Distributable reserves | 133 | €124,564 | €202,668 | +€78,104 | +62.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €339,481 | €140,229 | -€199,252 | -58.7% |
| Amounts payable after more than one year | 17 | €110,614 | €52,820 | -€57,794 | -52.2% |
| Financial debts | 170/4 | €41,277 | €12,174 | -€29,103 | -70.5% |
| Other amounts payable | 178/9 | €69,337 | €40,646 | -€28,691 | -41.4% |
| Amounts payable within one year | 42/48 | €228,866 | €87,409 | -€141,457 | -61.8% |
| Current portion of amounts payable after more than one year | 42 | €28,942 | €29,103 | +€161 | +0.6% |
| Trade debts | 44 | €1,354 | €9,735 | +€8,381 | +619.0% |
| Suppliers | 440/4 | €1,354 | €9,735 | +€8,381 | +619.0% |
| Taxes, remuneration and social security | 45 | €14,015 | €0 | -€14,015 | -100.0% |
| Taxes | 450/3 | €14,015 | €0 | -€14,015 | -100.0% |
| Other amounts payable | 47/48 | €184,555 | €48,571 | -€135,984 | -73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €389 | €389 | = | 0.0% |
| Other operating charges | 640/8 | €525 | €487 | -€38 | -7.2% |
| Gross operating margin | 9900 | €121,779 | €86,968 | -€34,811 | -28.6% |
| Operating profit (loss) | 9901 | €120,864 | €86,091 | -€34,773 | -28.8% |
| Financial income | 75/76B | €107 | €11,871 | +€11,764 | +11031.8% |
| Recurring financial income | 75 | €107 | €11,871 | +€11,764 | +11031.8% |
| Financial charges | 65/66B | €614 | €458 | -€156 | -25.4% |
| Recurring financial charges | 65 | €614 | €458 | -€156 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €120,357 | €97,505 | -€22,852 | -19.0% |
| Income taxes | 67/77 | €26,746 | €17,735 | -€9,012 | -33.7% |
| Profit (loss) for the period | 9904 | €93,611 | €79,770 | -€13,841 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €93,611 | €79,770 | -€13,841 | -14.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.