ELIN: 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.
ELIN
Largest movements
- Receivables within one year +€10,498
up €10,498 (+6.7%), from €156,388 to €166,886
of which Other amounts receivable: +€10,848
- Intangible fixed assets +€3,328
up €3,328 (+30.8%), from €10,819 to €14,147
- Short-term financial debts +€14,129
up €14,129 (+100.9%), from €13,997 to €28,126
- Financial income -€9,372
down €9,372 (-77.0%), from €12,167 to €2,795
- Gross operating margin +€2,425
up €2,425 (+378.0%), from €641 to €3,066
- Depreciation +€1,308
up €1,308 (+83.9%), from €1,559 to €2,867
- Financial charges +€1,008
up €1,008 (+42.4%), from €2,377 to €3,385
- Other operating charges -€362
down €362 (-31.5%), from €1,149 to €787
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.
Cash bridge derived
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 | €167,267 | €181,098 | +€13,830 | +8.3% |
| Fixed assets | 21/28 | €10,819 | €14,147 | +€3,328 | +30.8% |
| Intangible fixed assets | 21 | €10,819 | €14,147 | +€3,328 | +30.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €156,448 | €166,950 | +€10,502 | +6.7% |
| Amounts receivable within one year | 40/41 | €156,388 | €166,886 | +€10,498 | +6.7% |
| Trade receivables | 40 | €38,950 | €38,600 | -€350 | -0.9% |
| Other amounts receivable | 41 | €117,438 | €128,286 | +€10,848 | +9.2% |
| Cash at bank and in hand | 54/58 | €15 | €18 | +€4 | +24.5% |
| Deferred charges and accrued income | 490/1 | €46 | €46 | +€0 | +0.7% |
| Total equity and liabilities | 10/49 | €167,267 | €181,098 | +€13,830 | +8.3% |
| Equity | 10/15 | €152,340 | €151,163 | -€1,177 | -0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,666 | €4,666 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,666 | €4,666 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,082 | €127,905 | -€1,177 | -0.9% |
| Amounts payable | 17/49 | €14,927 | €29,935 | +€15,007 | +100.5% |
| Amounts payable within one year | 42/48 | €14,927 | €29,935 | +€15,007 | +100.5% |
| Financial debts | 43 | €13,997 | €28,126 | +€14,129 | +100.9% |
| Credit institutions | 430/8 | €13,997 | €28,126 | +€14,129 | +100.9% |
| Trade debts | 44 | €199 | €1,182 | +€983 | +493.7% |
| Suppliers | 440/4 | €199 | €1,182 | +€983 | +493.7% |
| Taxes, remuneration and social security | 45 | €732 | €627 | -€104 | -14.3% |
| Taxes | 450/3 | €732 | €627 | -€104 | -14.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,559 | €2,867 | +€1,308 | +83.9% |
| Other operating charges | 640/8 | €1,149 | €787 | -€362 | -31.5% |
| Gross operating margin | 9900 | €641 | €3,066 | +€2,425 | +378.0% |
| Operating profit (loss) | 9901 | -€2,066 | -€587 | +€1,479 | +71.6% |
| Financial income | 75/76B | €12,167 | €2,795 | -€9,372 | -77.0% |
| Recurring financial income | 75 | €12,167 | €2,795 | -€9,372 | -77.0% |
| Financial charges | 65/66B | €2,377 | €3,385 | +€1,008 | +42.4% |
| Recurring financial charges | 65 | €2,377 | €3,385 | +€1,008 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €7,723 | -€1,177 | -€8,900 | |
| Profit (loss) for the period | 9904 | €7,723 | -€1,177 | -€8,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,723 | -€1,177 | -€8,900 |
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 11 October 2026 via checked.be.