ELI RENOV: 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 RENOV
Largest movements
- Receivables within one year -€7,996
down €7,996 (-3.8%), from €212,196 to €204,200
of which Other amounts receivable: -€31,617
- Tangible fixed assets +€2,915
new in 2025: €2,915
- Trade debts -€28,971
no longer reported in 2025 (was €28,971)
- Profit (loss) carried forward +€19,559
up €19,559 (+13.9%), from €141,126 to €160,685
- Tax, wage and social debts +€2,334
up €2,334 (+6.1%), from €38,458 to €40,792
- Gross operating margin -€51,565
down €51,565 (-62.6%), from €82,394 to €30,829
- Taxes -€8,348
down €8,348 (-50.2%), from €16,645 to €8,297
- Financial charges -€2,524
down €2,524 (-93.6%), from €2,696 to €172
- Depreciation -€1,520
down €1,520 (-20.0%), from €7,605 to €6,085
- Other operating charges -€1,385
down €1,385 (-45.1%), from €3,074 to €1,689
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 | €216,615 | €209,537 | -€7,078 | -3.3% |
| Fixed assets | 21/28 | €1,100 | €4,015 | +€2,915 | +265% |
| Tangible fixed assets | 22/27 | - | €2,915 | +€2,915 | |
| Furniture and vehicles | 24 | - | €2,915 | +€2,915 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €215,515 | €205,522 | -€9,993 | -4.6% |
| Amounts receivable within one year | 40/41 | €212,196 | €204,200 | -€7,996 | -3.8% |
| Trade receivables | 40 | €89,084 | €112,705 | +€23,621 | +26.5% |
| Other amounts receivable | 41 | €123,112 | €91,495 | -€31,617 | -25.7% |
| Cash at bank and in hand | 54/58 | €2,122 | €1,322 | -€800 | -37.7% |
| Deferred charges and accrued income | 490/1 | €1,197 | - | -€1,197 | |
| Total equity and liabilities | 10/49 | €216,615 | €209,537 | -€7,078 | -3.3% |
| Equity | 10/15 | €149,186 | €168,745 | +€19,559 | +13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €141,126 | €160,685 | +€19,559 | +13.9% |
| Amounts payable | 17/49 | €67,429 | €40,792 | -€26,637 | -39.5% |
| Amounts payable within one year | 42/48 | €67,429 | €40,792 | -€26,637 | -39.5% |
| Trade debts | 44 | €28,971 | - | -€28,971 | |
| Suppliers | 440/4 | €28,971 | - | -€28,971 | |
| Taxes, remuneration and social security | 45 | €38,458 | €40,792 | +€2,334 | +6.1% |
| Taxes | 450/3 | €38,458 | €40,792 | +€2,334 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,605 | €6,085 | -€1,520 | -20.0% |
| Other operating charges | 640/8 | €3,074 | €1,689 | -€1,385 | -45.1% |
| Gross operating margin | 9900 | €82,394 | €30,829 | -€51,565 | -62.6% |
| Operating profit (loss) | 9901 | €71,715 | €23,055 | -€48,660 | -67.9% |
| Financial income | 75/76B | €4,017 | €4,973 | +€956 | +23.8% |
| Recurring financial income | 75 | €4,017 | €4,973 | +€956 | +23.8% |
| Financial charges | 65/66B | €2,696 | €172 | -€2,524 | -93.6% |
| Recurring financial charges | 65 | €2,696 | €172 | -€2,524 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €73,036 | €27,856 | -€45,180 | -61.9% |
| Income taxes | 67/77 | €16,645 | €8,297 | -€8,348 | -50.2% |
| Profit (loss) for the period | 9904 | €56,391 | €19,559 | -€36,832 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,391 | €19,559 | -€36,832 | -65.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.