ELEDEK: 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.
ELEDEK
Largest movements
- Current assets -€14,047
down €14,047 (-5.7%), from €246,712 to €232,665
of which Receivables within one year: -€14,293
- Tangible fixed assets +€3,841
up €3,841 (+1811.2%), from €212 to €4,053
- Profit (loss) carried forward -€12,081
down €12,081 (-8.4%), from €143,850 to €131,770
- Turnover -€196,403
down €196,403 (-72.9%), from €269,555 to €73,153
- Gross operating margin -€131,213
down €131,213, from €119,052 to -€12,161
- Taxes -€13,582
down €13,582 (-95.6%), from €14,214 to €631
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €250,224 | €240,018 | -€10,206 | -4.1% |
| Fixed assets | 21/28 | €3,512 | €7,353 | +€3,841 | +109.4% |
| Tangible fixed assets | 22/27 | €212 | €4,053 | +€3,841 | +1811.2% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €246,712 | €232,665 | -€14,047 | -5.7% |
| Amounts receivable within one year | 40/41 | €238,221 | €223,929 | -€14,293 | -6.0% |
| Current investments | 50/53 | €520 | €520 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,030 | €7,205 | +€175 | +2.5% |
| Total equity and liabilities | 10/49 | €250,224 | €240,018 | -€10,206 | -4.1% |
| Equity | 10/15 | €151,910 | €139,830 | -€12,081 | -8.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,850 | €131,770 | -€12,081 | -8.4% |
| Amounts payable | 17/49 | €98,314 | €100,188 | +€1,875 | +1.9% |
| Amounts payable within one year | 42/48 | €98,314 | €100,188 | +€1,875 | +1.9% |
| Trade debts | 44 | €49,185 | €63,736 | +€14,551 | +29.6% |
| Turnover | 70 | €269,555 | €73,153 | -€196,403 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,624 | €1,465 | -€2,159 | -59.6% |
| Gross operating margin | 9900 | €119,052 | -€12,161 | -€131,213 | |
| Operating profit (loss) | 9901 | €41,827 | -€17,031 | -€58,858 | |
| Recurring financial income | 75 | €14,547 | €8,750 | -€5,797 | -39.8% |
| Recurring financial charges | 65 | €5,749 | €3,169 | -€2,580 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €50,625 | -€11,450 | -€62,074 | |
| Income taxes | 67/77 | €14,214 | €631 | -€13,582 | -95.6% |
| Profit (loss) for the period | 9904 | €36,411 | -€12,081 | -€48,492 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,411 | -€12,081 | -€48,492 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.