Eljo: 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.
Eljo
Largest movements
- Current investments -€169,653
down €169,653 (-65.6%), from €258,476 to €88,823
- Tangible fixed assets -€122,796
down €122,796 (-6.0%), from €2.0m to €1.9m
of which Land and buildings: -€109,057
- Cash +€25,749
up €25,749 (+118.9%), from €21,655 to €47,404
mainly Current investments (+€169,653) and Depreciation (+€125,877)
- Other debts -€155,651
down €155,651 (-19.0%), from €820,997 to €665,346
- Debts after one year -€154,286
down €154,286 (-32.3%), from €477,576 to €323,290
- Reserves +€61,522
up €61,522 (+17.1%), from €359,584 to €421,106
of which Distributable reserves: +€61,522
- Accrued charges and deferred income -€38,119
down €38,119 (-51.3%), from €74,270 to €36,151
- Financial income +€45,390
up €45,390 (+4437.0%), from €1,023 to €46,413
- Depreciation +€10,513
up €10,513 (+9.1%), from €115,364 to €125,877
- Staff costs +€8,674
up €8,674 (+21.0%), from €41,395 to €50,069
- Financial charges -€4,561
down €4,561 (-9.3%), from €48,976 to €44,415
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 | €2,487,767 | €2,215,017 | -€272,750 | -11.0% |
| Fixed assets | 21/28 | €2,030,079 | €1,907,283 | -€122,796 | -6.0% |
| Tangible fixed assets | 22/27 | €2,030,079 | €1,907,283 | -€122,796 | -6.0% |
| Land and buildings | 22 | €1,952,286 | €1,843,229 | -€109,057 | -5.6% |
| Plant, machinery and equipment | 23 | - | €3,081 | +€3,081 | |
| Furniture and vehicles | 24 | €77,793 | €60,973 | -€16,820 | -21.6% |
| Current assets | 29/58 | €457,688 | €307,734 | -€149,954 | -32.8% |
| Amounts receivable within one year | 40/41 | €177,557 | €171,507 | -€6,050 | -3.4% |
| Trade receivables | 40 | €177,557 | €171,507 | -€6,050 | -3.4% |
| Current investments | 50/53 | €258,476 | €88,823 | -€169,653 | -65.6% |
| Cash at bank and in hand | 54/58 | €21,655 | €47,404 | +€25,749 | +118.9% |
| Total equity and liabilities | 10/49 | €2,487,767 | €2,215,017 | -€272,750 | -11.0% |
| Equity | 10/15 | €933,488 | €995,010 | +€61,522 | +6.6% |
| Contributions | 10/11 | €570,000 | €570,000 | = | 0.0% |
| Reserves | 13 | €359,584 | €421,106 | +€61,522 | +17.1% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €358,964 | €420,486 | +€61,522 | +17.1% |
| Profit (loss) carried forward | 14 | €3,904 | €3,904 | = | 0.0% |
| Amounts payable | 17/49 | €1,554,279 | €1,220,007 | -€334,272 | -21.5% |
| Amounts payable after more than one year | 17 | €477,576 | €323,290 | -€154,286 | -32.3% |
| Financial debts | 170/4 | €477,576 | €323,290 | -€154,286 | -32.3% |
| Amounts payable within one year | 42/48 | €1,002,433 | €860,566 | -€141,867 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €149,580 | €154,286 | +€4,706 | +3.1% |
| Trade debts | 44 | €1,568 | €666 | -€902 | -57.5% |
| Suppliers | 440/4 | €1,568 | €666 | -€902 | -57.5% |
| Taxes, remuneration and social security | 45 | €30,288 | €40,268 | +€9,980 | +33.0% |
| Taxes | 450/3 | €22,494 | €30,192 | +€7,698 | +34.2% |
| Remuneration and social security | 454/9 | €7,794 | €10,076 | +€2,282 | +29.3% |
| Other amounts payable | 47/48 | €820,997 | €665,346 | -€155,651 | -19.0% |
| Accrued charges and deferred income | 492/3 | €74,270 | €36,151 | -€38,119 | -51.3% |
| Remuneration, social security and pensions | 62 | €41,395 | €50,069 | +€8,674 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,364 | €125,877 | +€10,513 | +9.1% |
| Other operating charges | 640/8 | €18,282 | €17,578 | -€704 | -3.9% |
| Gross operating margin | 9900 | €360,407 | €357,696 | -€2,711 | -0.8% |
| Operating profit (loss) | 9901 | €185,366 | €164,172 | -€21,194 | -11.4% |
| Financial income | 75/76B | €1,023 | €46,413 | +€45,390 | +4437.0% |
| Recurring financial income | 75 | €1,023 | €46,413 | +€45,390 | +4437.0% |
| Financial charges | 65/66B | €48,976 | €44,415 | -€4,561 | -9.3% |
| Recurring financial charges | 65 | €48,976 | €44,415 | -€4,561 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €137,413 | €166,170 | +€28,757 | +20.9% |
| Income taxes | 67/77 | €43,528 | €43,321 | -€207 | -0.5% |
| Profit (loss) for the period | 9904 | €93,885 | €122,849 | +€28,964 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,885 | €122,849 | +€28,964 | +30.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.