ELI DANI: 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 DANI
Largest movements
- Receivables within one year +€232,417
up €232,417 (+71.2%), from €326,557 to €558,973
of which Trade receivables: +€163,471
- Cash +€61,431
up €61,431 (+126%), from €48,882 to €110,313
mainly Net result for the year (+€184,187) and Depreciation (+€83,268)
- Tangible fixed assets +€45,287
up €45,287 (+9.4%), from €480,401 to €525,688
of which Plant, machinery and equipment: +€34,546
- Profit (loss) carried forward +€184,187
up €184,187 (+50.5%), from €364,733 to €548,920
- Trade debts +€68,302
up €68,302 (+125%), from €54,744 to €123,046
- Tax, wage and social debts +€43,886
up €43,886 (+86.7%), from €50,646 to €94,532
- Debts after one year +€28,273
up €28,273 (+8.5%), from €332,490 to €360,763
- Current portion of long-term debt +€14,486
up €14,486 (+31.8%), from €45,553 to €60,039
- Gross operating margin +€76,058
up €76,058 (+26.1%), from €291,026 to €367,084
- Depreciation +€29,348
up €29,348 (+54.4%), from €53,920 to €83,268
- Staff costs -€14,563
down €14,563 (-84.9%), from €17,162 to €2,599
- Taxes +€14,208
up €14,208 (+28.4%), from €50,076 to €64,284
- Other operating charges +€7,648
up €7,648 (+234%), from €3,262 to €10,910
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 | €856,227 | €1,195,362 | +€339,135 | +39.6% |
| Fixed assets | 21/28 | €480,788 | €526,075 | +€45,287 | +9.4% |
| Tangible fixed assets | 22/27 | €480,401 | €525,688 | +€45,287 | +9.4% |
| Land and buildings | 22 | €339,613 | €321,899 | -€17,714 | -5.2% |
| Plant, machinery and equipment | 23 | €29,501 | €64,048 | +€34,546 | +117% |
| Furniture and vehicles | 24 | €111,287 | €139,742 | +€28,455 | +25.6% |
| Financial fixed assets | 28 | €387 | €387 | = | 0.0% |
| Current assets | 29/58 | €375,439 | €669,286 | +€293,847 | +78.3% |
| Amounts receivable within one year | 40/41 | €326,557 | €558,973 | +€232,417 | +71.2% |
| Trade receivables | 40 | €254,501 | €417,971 | +€163,471 | +64.2% |
| Other amounts receivable | 41 | €72,056 | €141,002 | +€68,946 | +95.7% |
| Cash at bank and in hand | 54/58 | €48,882 | €110,313 | +€61,431 | +126% |
| Total equity and liabilities | 10/49 | €856,227 | €1,195,362 | +€339,135 | +39.6% |
| Equity | 10/15 | €372,793 | €556,980 | +€184,187 | +49.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €364,733 | €548,920 | +€184,187 | +50.5% |
| Amounts payable | 17/49 | €483,434 | €638,381 | +€154,948 | +32.1% |
| Amounts payable after more than one year | 17 | €332,490 | €360,763 | +€28,273 | +8.5% |
| Financial debts | 170/4 | €332,490 | €360,763 | +€28,273 | +8.5% |
| Amounts payable within one year | 42/48 | €150,943 | €277,618 | +€126,675 | +83.9% |
| Current portion of amounts payable after more than one year | 42 | €45,553 | €60,039 | +€14,486 | +31.8% |
| Trade debts | 44 | €54,744 | €123,046 | +€68,302 | +125% |
| Suppliers | 440/4 | €54,744 | €123,046 | +€68,302 | +125% |
| Taxes, remuneration and social security | 45 | €50,646 | €94,532 | +€43,886 | +86.7% |
| Taxes | 450/3 | €50,646 | €94,532 | +€43,886 | +86.7% |
| Remuneration, social security and pensions | 62 | €17,162 | €2,599 | -€14,563 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,920 | €83,268 | +€29,348 | +54.4% |
| Other operating charges | 640/8 | €3,262 | €10,910 | +€7,648 | +234% |
| Gross operating margin | 9900 | €291,026 | €367,084 | +€76,058 | +26.1% |
| Operating profit (loss) | 9901 | €216,682 | €270,307 | +€53,626 | +24.7% |
| Financial income | 75/76B | €305 | €279 | -€27 | -8.8% |
| Recurring financial income | 75 | €305 | €279 | -€27 | -8.8% |
| Financial charges | 65/66B | €18,324 | €22,115 | +€3,791 | +20.7% |
| Recurring financial charges | 65 | €18,324 | €22,115 | +€3,791 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €198,663 | €248,471 | +€49,808 | +25.1% |
| Income taxes | 67/77 | €50,076 | €64,284 | +€14,208 | +28.4% |
| Profit (loss) for the period | 9904 | €148,587 | €184,187 | +€35,600 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,587 | €184,187 | +€35,600 | +24.0% |
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 18 October 2026 via checked.be.