Eleat: 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.
Eleat
Largest movements
- Cash +€34,995
up €34,995 (+35.5%), from €98,586 to €133,581
mainly Net result for the year (+€73,208) and Depreciation (+€8,574)
- Tangible fixed assets -€8,574
down €8,574 (-25.2%), from €33,965 to €25,391
- Profit (loss) carried forward +€73,208
up €73,208 (+106.8%), from €68,555 to €141,763
- Other debts -€49,240
down €49,240 (-97.5%), from €50,480 to €1,240
- Gross operating margin +€9,606
up €9,606 (+10.6%), from €91,019 to €100,625
- Taxes +€1,790
up €1,790 (+10.7%), from €16,675 to €18,465
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 | €149,962 | €176,015 | +€26,053 | +17.4% |
| Fixed assets | 21/28 | €33,965 | €25,391 | -€8,574 | -25.2% |
| Tangible fixed assets | 22/27 | €33,965 | €25,391 | -€8,574 | -25.2% |
| Furniture and vehicles | 24 | €33,965 | €25,391 | -€8,574 | -25.2% |
| Current assets | 29/58 | €115,997 | €150,624 | +€34,627 | +29.9% |
| Amounts receivable within one year | 40/41 | €15,246 | €14,784 | -€462 | -3.0% |
| Trade receivables | 40 | €15,246 | €14,784 | -€462 | -3.0% |
| Cash at bank and in hand | 54/58 | €98,586 | €133,581 | +€34,995 | +35.5% |
| Deferred charges and accrued income | 490/1 | €2,165 | €2,259 | +€94 | +4.3% |
| Total equity and liabilities | 10/49 | €149,962 | €176,015 | +€26,053 | +17.4% |
| Equity | 10/15 | €73,555 | €146,763 | +€73,208 | +99.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,555 | €141,763 | +€73,208 | +106.8% |
| Amounts payable | 17/49 | €76,407 | €29,252 | -€47,155 | -61.7% |
| Amounts payable within one year | 42/48 | €76,407 | €29,252 | -€47,155 | -61.7% |
| Trade debts | 44 | €1,501 | €1,930 | +€429 | +28.6% |
| Suppliers | 440/4 | €1,501 | €1,930 | +€429 | +28.6% |
| Taxes, remuneration and social security | 45 | €24,426 | €26,082 | +€1,656 | +6.8% |
| Taxes | 450/3 | €24,426 | €26,082 | +€1,656 | +6.8% |
| Other amounts payable | 47/48 | €50,480 | €1,240 | -€49,240 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,573 | €8,574 | +€1 | 0.0% |
| Other operating charges | 640/8 | €177 | €254 | +€77 | +43.5% |
| Non-recurring operating charges | 66A | €233 | €63 | -€170 | -73.0% |
| Gross operating margin | 9900 | €91,019 | €100,625 | +€9,606 | +10.6% |
| Operating profit (loss) | 9901 | €82,036 | €91,734 | +€9,698 | +11.8% |
| Financial charges | 65/66B | €41 | €61 | +€20 | +48.8% |
| Recurring financial charges | 65 | €41 | €61 | +€20 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €81,995 | €91,673 | +€9,678 | +11.8% |
| Income taxes | 67/77 | €16,675 | €18,465 | +€1,790 | +10.7% |
| Profit (loss) for the period | 9904 | €65,320 | €73,208 | +€7,888 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,320 | €73,208 | +€7,888 | +12.1% |
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 11 October 2026 via checked.be.