ElineV: 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.
ElineV
Largest movements
- Cash +€26,429
up €26,429 (+67.9%), from €38,942 to €65,371
mainly Net result for the year (+€24,802) and Depreciation (+€5,644)
- Tangible fixed assets -€5,644
down €5,644 (-27.9%), from €20,202 to €14,558
of which Furniture and vehicles: -€5,436
- Profit (loss) carried forward +€24,802
up €24,802 (+45.8%), from €54,154 to €78,956
- Tax, wage and social debts -€1,700
no longer reported in 2025 (was €1,700)
- Other debts -€1,459
down €1,459 (-43.4%), from €3,359 to €1,900
- Depreciation +€3,269
up €3,269 (+138%), from €2,375 to €5,644
- Financial income -€2,613
down €2,613 (-89.4%), from €2,922 to €309
- Taxes -€1,687
down €1,687 (-20.6%), from €8,205 to €6,518
- Other operating charges +€455
up €455 (+449%), from €101 to €556
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 | €62,261 | €83,708 | +€21,448 | +34.4% |
| Fixed assets | 21/28 | €20,202 | €14,558 | -€5,644 | -27.9% |
| Tangible fixed assets | 22/27 | €20,202 | €14,558 | -€5,644 | -27.9% |
| Plant, machinery and equipment | 23 | €732 | €524 | -€208 | -28.4% |
| Furniture and vehicles | 24 | €19,470 | €14,034 | -€5,436 | -27.9% |
| Current assets | 29/58 | €42,058 | €69,150 | +€27,092 | +64.4% |
| Amounts receivable within one year | 40/41 | €1,817 | €2,360 | +€543 | +29.9% |
| Other amounts receivable | 41 | €1,817 | €2,360 | +€543 | +29.9% |
| Cash at bank and in hand | 54/58 | €38,942 | €65,371 | +€26,429 | +67.9% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,419 | +€120 | +9.2% |
| Total equity and liabilities | 10/49 | €62,261 | €83,708 | +€21,448 | +34.4% |
| Equity | 10/15 | €56,154 | €80,956 | +€24,802 | +44.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,154 | €78,956 | +€24,802 | +45.8% |
| Amounts payable | 17/49 | €6,106 | €2,752 | -€3,354 | -54.9% |
| Amounts payable within one year | 42/48 | €6,106 | €2,752 | -€3,354 | -54.9% |
| Trade debts | 44 | €1,047 | €852 | -€195 | -18.6% |
| Suppliers | 440/4 | €1,047 | €852 | -€195 | -18.6% |
| Taxes, remuneration and social security | 45 | €1,700 | - | -€1,700 | |
| Taxes | 450/3 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €3,359 | €1,900 | -€1,459 | -43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,375 | €5,644 | +€3,269 | +138% |
| Other operating charges | 640/8 | €101 | €556 | +€455 | +449% |
| Gross operating margin | 9900 | €37,592 | €37,256 | -€336 | -0.9% |
| Operating profit (loss) | 9901 | €35,115 | €31,055 | -€4,060 | -11.6% |
| Financial income | 75/76B | €2,922 | €309 | -€2,613 | -89.4% |
| Recurring financial income | 75 | €2,922 | €309 | -€2,613 | -89.4% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €37,994 | €31,320 | -€6,675 | -17.6% |
| Income taxes | 67/77 | €8,205 | €6,518 | -€1,687 | -20.6% |
| Profit (loss) for the period | 9904 | €29,790 | €24,802 | -€4,988 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,790 | €24,802 | -€4,988 | -16.7% |
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 28 October 2026 via checked.be.