ELI and CO: 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.
ELI and CO
Largest movements
- Tangible fixed assets -€4,660
down €4,660 (-40.0%), from €11,649 to €6,989
- Cash -€944
down €944 (-51.2%), from €1,841 to €898
mainly Net result for the year (-€7,182) and Trade debts (-€5,721)
- Receivables within one year +€299
up €299 (+31.3%), from €958 to €1,257
- Other debts +€7,600
up €7,600 (+80.0%), from €9,497 to €17,097
- Profit (loss) carried forward -€7,182
down €7,182 (-118%), from -€6,093 to -€13,275
- Trade debts -€5,721
down €5,721 (-80.3%), from €7,126 to €1,405
- Gross operating margin +€5,593
up €5,593 (+81.3%), from -€6,876 to -€1,282
- Other operating charges +€157
up €157 (+15.6%), from €1,009 to €1,166
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 | €14,448 | €9,144 | -€5,304 | -36.7% |
| Fixed assets | 21/28 | €11,649 | €6,989 | -€4,660 | -40.0% |
| Tangible fixed assets | 22/27 | €11,649 | €6,989 | -€4,660 | -40.0% |
| Furniture and vehicles | 24 | €11,649 | €6,989 | -€4,660 | -40.0% |
| Current assets | 29/58 | €2,799 | €2,155 | -€644 | -23.0% |
| Amounts receivable within one year | 40/41 | €958 | €1,257 | +€299 | +31.3% |
| Other amounts receivable | 41 | €958 | €1,257 | +€299 | +31.3% |
| Cash at bank and in hand | 54/58 | €1,841 | €898 | -€944 | -51.2% |
| Total equity and liabilities | 10/49 | €14,448 | €9,144 | -€5,304 | -36.7% |
| Equity | 10/15 | -€3,093 | -€10,275 | -€7,182 | -232% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,093 | -€13,275 | -€7,182 | -118% |
| Amounts payable | 17/49 | €17,541 | €19,419 | +€1,879 | +10.7% |
| Amounts payable within one year | 42/48 | €17,541 | €19,419 | +€1,879 | +10.7% |
| Trade debts | 44 | €7,126 | €1,405 | -€5,721 | -80.3% |
| Suppliers | 440/4 | €7,126 | €1,405 | -€5,721 | -80.3% |
| Taxes, remuneration and social security | 45 | €917 | €917 | = | 0.0% |
| Taxes | 450/3 | €917 | €917 | = | 0.0% |
| Other amounts payable | 47/48 | €9,497 | €17,097 | +€7,600 | +80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,660 | €4,660 | = | 0.0% |
| Other operating charges | 640/8 | €1,009 | €1,166 | +€157 | +15.6% |
| Gross operating margin | 9900 | -€6,876 | -€1,282 | +€5,593 | +81.3% |
| Operating profit (loss) | 9901 | -€12,544 | -€7,108 | +€5,436 | +43.3% |
| Financial charges | 65/66B | €114 | €75 | -€39 | -34.3% |
| Recurring financial charges | 65 | €114 | €75 | -€39 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,658 | -€7,182 | +€5,475 | +43.3% |
| Profit (loss) for the period | 9904 | -€12,658 | -€7,182 | +€5,475 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,658 | -€7,182 | +€5,475 | +43.3% |
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 26 October 2026 via checked.be.