ELJERO: 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.
ELJERO
Largest movements
- Cash -€112,520
down €112,520 (-76.6%), from €146,806 to €34,286
mainly Contributions, distributions and other (-€109,010) and Receivables after one year (-€80,000)
- Receivables after one year +€80,000
new in 2025: €80,000
- Deferred charges and accrued income -€10,007
down €10,007 (-81.1%), from €12,334 to €2,327
- Tangible fixed assets -€3,081
down €3,081 (-3.2%), from €96,315 to €93,234
of which Furniture and vehicles: -€15,117
- Reserves -€65,000
down €65,000 (-61.6%), from €105,586 to €40,586
- Other debts +€43,485
up €43,485 (+45.2%), from €96,296 to €139,780
- Debts after one year -€20,638
down €20,638 (-85.4%), from €24,155 to €3,517
- Accrued charges and deferred income -€4,121
down €4,121 (-52.6%), from €7,833 to €3,713
- Tax, wage and social debts +€2,798
up €2,798 (+29.7%), from €9,420 to €12,218
- Gross operating margin -€8,406
down €8,406 (-9.0%), from €93,231 to €84,825
- Depreciation +€4,645
up €4,645 (+23.0%), from €20,236 to €24,880
- Financial charges -€4,623
down €4,623 (-48.8%), from €9,479 to €4,856
- Taxes +€1,734
up €1,734 (+17.1%), from €10,171 to €11,905
- Financial income +€1,559
up €1,559 (+222,757%), from €1 to €1,560
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 | €275,920 | €232,952 | -€42,968 | -15.6% |
| Fixed assets | 21/28 | €96,315 | €93,234 | -€3,081 | -3.2% |
| Tangible fixed assets | 22/27 | €96,315 | €93,234 | -€3,081 | -3.2% |
| Land and buildings | 22 | €9,988 | €22,024 | +€12,036 | +120% |
| Furniture and vehicles | 24 | €86,327 | €71,210 | -€15,117 | -17.5% |
| Current assets | 29/58 | €179,605 | €139,718 | -€39,887 | -22.2% |
| Amounts receivable after more than one year | 29 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 291 | - | €80,000 | +€80,000 | |
| Amounts receivable within one year | 40/41 | €20,465 | €23,105 | +€2,640 | +12.9% |
| Trade receivables | 40 | €10,618 | €20,010 | +€9,393 | +88.5% |
| Other amounts receivable | 41 | €9,847 | €3,095 | -€6,752 | -68.6% |
| Cash at bank and in hand | 54/58 | €146,806 | €34,286 | -€112,520 | -76.6% |
| Deferred charges and accrued income | 490/1 | €12,334 | €2,327 | -€10,007 | -81.1% |
| Total equity and liabilities | 10/49 | €275,920 | €232,952 | -€42,968 | -15.6% |
| Equity | 10/15 | €117,467 | €52,467 | -€65,000 | -55.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,586 | €40,586 | -€65,000 | -61.6% |
| Distributable reserves | 133 | €105,586 | €40,586 | -€65,000 | -61.6% |
| Profit (loss) carried forward | 14 | €5,680 | €5,680 | = | 0.0% |
| Amounts payable | 17/49 | €158,454 | €180,485 | +€22,032 | +13.9% |
| Amounts payable after more than one year | 17 | €24,155 | €3,517 | -€20,638 | -85.4% |
| Financial debts | 170/4 | €24,155 | €3,517 | -€20,638 | -85.4% |
| Amounts payable within one year | 42/48 | €126,465 | €173,256 | +€46,790 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €19,863 | €20,638 | +€775 | +3.9% |
| Trade debts | 44 | €886 | €619 | -€267 | -30.1% |
| Suppliers | 440/4 | €886 | €619 | -€267 | -30.1% |
| Taxes, remuneration and social security | 45 | €9,420 | €12,218 | +€2,798 | +29.7% |
| Taxes | 450/3 | €9,420 | €12,218 | +€2,798 | +29.7% |
| Other amounts payable | 47/48 | €96,296 | €139,780 | +€43,485 | +45.2% |
| Accrued charges and deferred income | 492/3 | €7,833 | €3,713 | -€4,121 | -52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,236 | €24,880 | +€4,645 | +23.0% |
| Other operating charges | 640/8 | €634 | €734 | +€100 | +15.8% |
| Gross operating margin | 9900 | €93,231 | €84,825 | -€8,406 | -9.0% |
| Operating profit (loss) | 9901 | €72,362 | €59,211 | -€13,151 | -18.2% |
| Financial income | 75/76B | €1 | €1,560 | +€1,559 | +222,757% |
| Recurring financial income | 75 | €1 | €1,560 | +€1,559 | +222,757% |
| Financial charges | 65/66B | €9,479 | €4,856 | -€4,623 | -48.8% |
| Recurring financial charges | 65 | €9,479 | €4,856 | -€4,623 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €62,884 | €55,915 | -€6,969 | -11.1% |
| Income taxes | 67/77 | €10,171 | €11,905 | +€1,734 | +17.1% |
| Profit (loss) for the period | 9904 | €52,712 | €44,010 | -€8,703 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,712 | €44,010 | -€8,703 | -16.5% |
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 29 October 2026 via checked.be.