ELER: 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.
ELER
Largest movements
- Receivables within one year +€4,619
up €4,619 (+52.3%), from €8,833 to €13,453
of which Trade receivables: +€4,837
- Stocks and contracts -€4,123
down €4,123 (-25.4%), from €16,230 to €12,107
- Tangible fixed assets -€1,998
down €1,998 (-46.2%), from €4,329 to €2,331
- Profit (loss) carried forward -€10,320
down €10,320 (-110.2%), from -€9,362 to -€19,682
- Advances received +€5,781
up €5,781 (+73.8%), from €7,834 to €13,614
- Trade debts +€4,246
up €4,246 (+69.9%), from €6,070 to €10,316
- Other debts -€765
down €765 (-4.2%), from €18,437 to €17,672
- Short-term financial debts -€456
down €456 (-14.9%), from €3,057 to €2,601
- Gross operating margin -€9,363
down €9,363, from €1,738 to -€7,626
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €32,360 | €31,014 | -€1,346 | -4.2% |
| Fixed assets | 21/28 | €7,296 | €5,298 | -€1,998 | -27.4% |
| Tangible fixed assets | 22/27 | €4,329 | €2,331 | -€1,998 | -46.2% |
| Furniture and vehicles | 24 | €4,329 | €2,331 | -€1,998 | -46.2% |
| Financial fixed assets | 28 | €2,967 | €2,967 | = | 0.0% |
| Current assets | 29/58 | €25,064 | €25,715 | +€652 | +2.6% |
| Stocks and contracts in progress | 3 | €16,230 | €12,107 | -€4,123 | -25.4% |
| Stocks | 30/36 | €16,230 | €12,107 | -€4,123 | -25.4% |
| Amounts receivable within one year | 40/41 | €8,833 | €13,453 | +€4,619 | +52.3% |
| Trade receivables | 40 | €8,615 | €13,453 | +€4,837 | +56.1% |
| Other amounts receivable | 41 | €218 | - | -€218 | |
| Cash at bank and in hand | 54/58 | - | €155 | +€155 | |
| Total equity and liabilities | 10/49 | €32,360 | €31,014 | -€1,346 | -4.2% |
| Equity | 10/15 | -€3,162 | -€13,482 | -€10,320 | -326.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,362 | -€19,682 | -€10,320 | -110.2% |
| Amounts payable | 17/49 | €35,521 | €44,495 | +€8,974 | +25.3% |
| Amounts payable within one year | 42/48 | €35,521 | €44,495 | +€8,974 | +25.3% |
| Financial debts | 43 | €3,057 | €2,601 | -€456 | -14.9% |
| Credit institutions | 430/8 | €3,057 | €2,601 | -€456 | -14.9% |
| Trade debts | 44 | €6,070 | €10,316 | +€4,246 | +69.9% |
| Suppliers | 440/4 | €6,070 | €10,316 | +€4,246 | +69.9% |
| Advances received on contracts in progress | 46 | €7,834 | €13,614 | +€5,781 | +73.8% |
| Taxes, remuneration and social security | 45 | €123 | €292 | +€169 | +137.5% |
| Taxes | 450/3 | €123 | €292 | +€169 | +137.5% |
| Other amounts payable | 47/48 | €18,437 | €17,672 | -€765 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,998 | €1,998 | = | 0.0% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €1,738 | -€7,626 | -€9,363 | |
| Operating profit (loss) | 9901 | -€645 | -€9,624 | -€8,979 | -1392.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.2% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.2% |
| Financial charges | 65/66B | €652 | €696 | +€44 | +6.8% |
| Recurring financial charges | 65 | €652 | €696 | +€44 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,295 | -€10,320 | -€9,025 | -697.0% |
| Profit (loss) for the period | 9904 | -€1,295 | -€10,320 | -€9,025 | -697.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,295 | -€10,320 | -€9,025 | -697.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.