Eles: 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.
Eles
Largest movements
- Receivables within one year +€10,304
up €10,304, from €0 to €10,304
of which Trade receivables: +€7,156
- Tangible fixed assets -€7,281
down €7,281 (-84.9%), from €8,573 to €1,292
- Cash +€3,260
up €3,260 (+8.4%), from €38,841 to €42,101
mainly Net result for the year (+€8,437) and Depreciation (+€7,281)
- Reserves +€8,437
up €8,437 (+25.7%), from €32,808 to €41,245
- Tax, wage and social debts -€1,866
down €1,866 (-16.2%), from €11,548 to €9,682
of which Taxes: -€1,866
- Gross operating margin -€5,849
down €5,849 (-23.3%), from €25,054 to €19,204
- Taxes -€1,144
down €1,144 (-28.4%), from €4,027 to €2,883
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 | €48,469 | €54,753 | +€6,283 | +13.0% |
| Fixed assets | 21/28 | €8,573 | €1,292 | -€7,281 | -84.9% |
| Tangible fixed assets | 22/27 | €8,573 | €1,292 | -€7,281 | -84.9% |
| Furniture and vehicles | 24 | €8,573 | €1,292 | -€7,281 | -84.9% |
| Current assets | 29/58 | €39,896 | €53,460 | +€13,564 | +34.0% |
| Amounts receivable within one year | 40/41 | €0 | €10,304 | +€10,304 | |
| Trade receivables | 40 | €0 | €7,156 | +€7,156 | |
| Other amounts receivable | 41 | €0 | €3,148 | +€3,148 | |
| Cash at bank and in hand | 54/58 | €38,841 | €42,101 | +€3,260 | +8.4% |
| Deferred charges and accrued income | 490/1 | €1,055 | €1,055 | = | 0.0% |
| Total equity and liabilities | 10/49 | €48,469 | €54,753 | +€6,283 | +13.0% |
| Equity | 10/15 | €35,808 | €44,245 | +€8,437 | +23.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,808 | €41,245 | +€8,437 | +25.7% |
| Distributable reserves | 133 | €32,808 | €41,245 | +€8,437 | +25.7% |
| Amounts payable | 17/49 | €12,661 | €10,508 | -€2,153 | -17.0% |
| Amounts payable within one year | 42/48 | €12,661 | €10,508 | -€2,153 | -17.0% |
| Trade debts | 44 | €1,113 | €825 | -€287 | -25.8% |
| Suppliers | 440/4 | €1,113 | €825 | -€287 | -25.8% |
| Taxes, remuneration and social security | 45 | €11,548 | €9,682 | -€1,866 | -16.2% |
| Taxes | 450/3 | €9,069 | €7,203 | -€1,866 | -20.6% |
| Remuneration and social security | 454/9 | €2,479 | €2,479 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,281 | €7,281 | +€0 | 0.0% |
| Other operating charges | 640/8 | €361 | €554 | +€192 | +53.2% |
| Gross operating margin | 9900 | €25,054 | €19,204 | -€5,849 | -23.3% |
| Operating profit (loss) | 9901 | €17,412 | €11,370 | -€6,041 | -34.7% |
| Financial income | 75/76B | - | €85 | +€85 | |
| Recurring financial income | 75 | - | €85 | +€85 | |
| Financial charges | 65/66B | €171 | €135 | -€35 | -20.8% |
| Recurring financial charges | 65 | €171 | €135 | -€35 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €17,241 | €11,320 | -€5,921 | -34.3% |
| Income taxes | 67/77 | €4,027 | €2,883 | -€1,144 | -28.4% |
| Profit (loss) for the period | 9904 | €13,214 | €8,437 | -€4,778 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,214 | €8,437 | -€4,778 | -36.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.