ELEDA: 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.
ELEDA
Largest movements
- Cash -€19,304
down €19,304 (-36.8%), from €52,471 to €33,167
mainly Trade debts (-€47,144) and Investment in fixed assets (net) (-€24,557)
- Tangible fixed assets +€18,274
up €18,274 (+1318.6%), from €1,386 to €19,660
of which Furniture and vehicles: +€17,874
- Receivables within one year -€14,861
down €14,861 (-23.9%), from €62,300 to €47,439
of which Trade receivables: -€10,011
- Trade debts -€47,144
down €47,144 (-66.2%), from €71,167 to €24,023
- Profit (loss) carried forward +€13,750
up €13,750 (+45.4%), from €30,285 to €44,035
- Debts after one year +€12,798
new in 2025: €12,798
- Current portion of long-term debt +€5,688
new in 2025: €5,688
- Gross operating margin +€10,734
up €10,734 (+36.2%), from €29,689 to €40,423
- Depreciation +€3,010
up €3,010 (+92.0%), from €3,273 to €6,283
- Taxes +€2,370
up €2,370 (+45.5%), from €5,204 to €7,574
- Other operating charges -€1,691
down €1,691 (-95.8%), from €1,766 to €75
- Financial charges +€757
up €757 (+156.2%), from €485 to €1,242
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 | €116,156 | €100,266 | -€15,890 | -13.7% |
| Fixed assets | 21/28 | €1,386 | €19,660 | +€18,274 | +1318.6% |
| Tangible fixed assets | 22/27 | €1,386 | €19,660 | +€18,274 | +1318.6% |
| Plant, machinery and equipment | 23 | - | €400 | +€400 | |
| Furniture and vehicles | 24 | €1,386 | €19,260 | +€17,874 | +1289.8% |
| Current assets | 29/58 | €114,770 | €80,606 | -€34,164 | -29.8% |
| Amounts receivable within one year | 40/41 | €62,300 | €47,439 | -€14,861 | -23.9% |
| Trade receivables | 40 | €30,627 | €20,616 | -€10,011 | -32.7% |
| Other amounts receivable | 41 | €31,672 | €26,823 | -€4,849 | -15.3% |
| Cash at bank and in hand | 54/58 | €52,471 | €33,167 | -€19,304 | -36.8% |
| Total equity and liabilities | 10/49 | €116,156 | €100,266 | -€15,890 | -13.7% |
| Equity | 10/15 | €35,285 | €49,035 | +€13,750 | +39.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,285 | €44,035 | +€13,750 | +45.4% |
| Amounts payable | 17/49 | €80,871 | €51,231 | -€29,640 | -36.7% |
| Amounts payable after more than one year | 17 | - | €12,798 | +€12,798 | |
| Financial debts | 170/4 | - | €12,798 | +€12,798 | |
| Amounts payable within one year | 42/48 | €80,871 | €38,433 | -€42,438 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,688 | +€5,688 | |
| Trade debts | 44 | €71,167 | €24,023 | -€47,144 | -66.2% |
| Suppliers | 440/4 | €71,167 | €24,023 | -€47,144 | -66.2% |
| Taxes, remuneration and social security | 45 | €9,704 | €8,722 | -€982 | -10.1% |
| Taxes | 450/3 | €9,704 | €8,722 | -€982 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,273 | €6,283 | +€3,010 | +92.0% |
| Other operating charges | 640/8 | €1,766 | €75 | -€1,691 | -95.8% |
| Gross operating margin | 9900 | €29,689 | €40,423 | +€10,734 | +36.2% |
| Operating profit (loss) | 9901 | €24,650 | €34,065 | +€9,415 | +38.2% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €485 | €1,242 | +€757 | +156.2% |
| Recurring financial charges | 65 | €485 | €1,242 | +€757 | +156.2% |
| Profit (loss) for the period before taxes | 9903 | €24,166 | €32,824 | +€8,658 | +35.8% |
| Income taxes | 67/77 | €5,204 | €7,574 | +€2,370 | +45.5% |
| Profit (loss) for the period | 9904 | €18,962 | €25,250 | +€6,288 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,962 | €25,250 | +€6,288 | +33.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.