ELINE GROUP: what changed
ELINE GROUP
Largest movements
- Receivables within one year +€2,326
up €2,326 (+8.9%), from €26,239 to €28,564
of which Trade receivables: +€1,677
- Cash +€2,156
up €2,156 (+15.8%), from €13,673 to €15,829
mainly Trade debts (+€6,494) and Tax, wage and social debts (+€2,158)
- Tangible fixed assets +€1,580
new in 2025: €1,580
- Trade debts +€6,494
up €6,494 (+58.2%), from €11,163 to €17,658
- Profit (loss) carried forward -€2,590
down €2,590 (-10.0%), from -€26,025 to -€28,615
- Tax, wage and social debts +€2,158
up €2,158 (+282%), from €766 to €2,924
- Financial income -€2,347
down €2,347 (-82.1%), from €2,858 to €511
- Gross operating margin -€1,660
down €1,660 (-213%), from -€778 to -€2,437
- Taxes -€898
no longer reported in 2025 (was €898)
- Other operating charges -€852
down €852 (-93.1%), from €916 to €63
- Depreciation +€169
up €169 (+156%), from €108 to €277
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,911 | €45,974 | +€6,062 | +15.2% |
| Fixed assets | 21/28 | - | €1,580 | +€1,580 | |
| Tangible fixed assets | 22/27 | - | €1,580 | +€1,580 | |
| Furniture and vehicles | 24 | - | €1,580 | +€1,580 | |
| Current assets | 29/58 | €39,911 | €44,393 | +€4,482 | +11.2% |
| Amounts receivable within one year | 40/41 | €26,239 | €28,564 | +€2,326 | +8.9% |
| Trade receivables | 40 | €17,031 | €18,708 | +€1,677 | +9.8% |
| Other amounts receivable | 41 | €9,208 | €9,857 | +€649 | +7.0% |
| Cash at bank and in hand | 54/58 | €13,673 | €15,829 | +€2,156 | +15.8% |
| Total equity and liabilities | 10/49 | €39,911 | €45,974 | +€6,062 | +15.2% |
| Equity | 10/15 | -€19,825 | -€22,415 | -€2,590 | -13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,025 | -€28,615 | -€2,590 | -10.0% |
| Amounts payable | 17/49 | €59,736 | €68,388 | +€8,652 | +14.5% |
| Amounts payable within one year | 42/48 | €59,736 | €68,388 | +€8,652 | +14.5% |
| Trade debts | 44 | €11,163 | €17,658 | +€6,494 | +58.2% |
| Suppliers | 440/4 | €11,163 | €17,658 | +€6,494 | +58.2% |
| Taxes, remuneration and social security | 45 | €766 | €2,924 | +€2,158 | +282% |
| Taxes | 450/3 | €766 | €2,924 | +€2,158 | +282% |
| Other amounts payable | 47/48 | €47,807 | €47,807 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108 | €277 | +€169 | +156% |
| Other operating charges | 640/8 | €916 | €63 | -€852 | -93.1% |
| Non-recurring operating charges | 66A | €28,000 | - | -€28,000 | |
| Gross operating margin | 9900 | -€778 | -€2,437 | -€1,660 | -213% |
| Operating profit (loss) | 9901 | -€29,802 | -€2,778 | +€27,023 | +90.7% |
| Financial income | 75/76B | €2,858 | €511 | -€2,347 | -82.1% |
| Recurring financial income | 75 | €2,858 | €511 | -€2,347 | -82.1% |
| Financial charges | 65/66B | €439 | €323 | -€116 | -26.4% |
| Recurring financial charges | 65 | €439 | €323 | -€116 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,382 | -€2,590 | +€24,792 | +90.5% |
| Income taxes | 67/77 | €898 | - | -€898 | |
| Profit (loss) for the period | 9904 | -€28,280 | -€2,590 | +€25,690 | +90.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,280 | -€2,590 | +€25,690 | +90.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.