ELFRALALO: 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.
ELFRALALO
Largest movements
- Cash -€11,326
down €11,326 (-24.2%), from €46,717 to €35,390
mainly Net result for the year (-€9,971) and Tax, wage and social debts (-€3,878)
- Tangible fixed assets -€3,140
down €3,140 (-12.1%), from €25,987 to €22,847
of which Land and buildings: -€2,040
- Receivables within one year -€1,653
no longer reported in 2025 (was €1,653)
of which Trade receivables: -€1,509
- Profit (loss) carried forward -€11,514
down €11,514 (-33.0%), from €34,881 to €23,367
- Tax, wage and social debts -€3,878
down €3,878 (-93.3%), from €4,159 to €280
- Trade debts -€2,066
down €2,066 (-90.7%), from €2,279 to €212
- Other debts +€1,339
up €1,339 (+10.6%), from €12,578 to €13,917
- Gross operating margin -€24,066
down €24,066, from €17,834 to -€6,233
- Taxes -€4,166
down €4,166 (-97.6%), from €4,269 to €103
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.
Derived cash bridge
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 | €74,357 | €58,237 | -€16,119 | -21.7% |
| Fixed assets | 21/28 | €25,987 | €22,847 | -€3,140 | -12.1% |
| Tangible fixed assets | 22/27 | €25,987 | €22,847 | -€3,140 | -12.1% |
| Land and buildings | 22 | €23,470 | €21,430 | -€2,040 | -8.7% |
| Furniture and vehicles | 24 | €2,517 | €1,418 | -€1,099 | -43.7% |
| Current assets | 29/58 | €48,370 | €35,390 | -€12,980 | -26.8% |
| Amounts receivable within one year | 40/41 | €1,653 | - | -€1,653 | |
| Trade receivables | 40 | €1,509 | - | -€1,509 | |
| Other amounts receivable | 41 | €144 | - | -€144 | |
| Cash at bank and in hand | 54/58 | €46,717 | €35,390 | -€11,326 | -24.2% |
| Total equity and liabilities | 10/49 | €74,357 | €58,237 | -€16,119 | -21.7% |
| Equity | 10/15 | €55,341 | €43,827 | -€11,514 | -20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,881 | €23,367 | -€11,514 | -33.0% |
| Amounts payable | 17/49 | €19,015 | €14,410 | -€4,605 | -24.2% |
| Amounts payable within one year | 42/48 | €19,015 | €14,410 | -€4,605 | -24.2% |
| Trade debts | 44 | €2,279 | €212 | -€2,066 | -90.7% |
| Suppliers | 440/4 | €2,279 | €212 | -€2,066 | -90.7% |
| Taxes, remuneration and social security | 45 | €4,159 | €280 | -€3,878 | -93.3% |
| Taxes | 450/3 | €4,159 | €280 | -€3,878 | -93.3% |
| Other amounts payable | 47/48 | €12,578 | €13,917 | +€1,339 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,052 | €3,140 | +€88 | +2.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €17,834 | -€6,233 | -€24,066 | |
| Operating profit (loss) | 9901 | €14,395 | -€9,772 | -€24,167 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €111 | €96 | -€15 | -13.6% |
| Recurring financial charges | 65 | €111 | €96 | -€15 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €14,284 | -€9,868 | -€24,152 | |
| Income taxes | 67/77 | €4,269 | €103 | -€4,166 | -97.6% |
| Profit (loss) for the period | 9904 | €10,015 | -€9,971 | -€19,986 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,015 | -€9,971 | -€19,986 |
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 15 October 2026 via checked.be.