ELJON: what changed
Two fiscal 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.
ELJON
Largest movements
- Tangible fixed assets -€26,029
down €26,029 (-71.5%), from €36,402 to €10,373
of which Furniture and vehicles: -€24,262
- Stocks and contracts +€848
up €848 (+51.9%), from €1,634 to €2,482
- Cash +€736
up €736 (+20.6%), from €3,582 to €4,318
mainly Investment in fixed assets (net) (+€23,933) and Net result for the year (+€9,828)
- Deferred charges and accrued income +€731
up €731 (+98.9%), from €739 to €1,470
- Receivables within one year +€542
up €542, from €0 to €542
- Debts after one year -€12,758
down €12,758 (-100.0%), from €12,758 to €0
- Other debts -€10,997
down €10,997 (-91.0%), from €12,082 to €1,085
- Reserves +€7,868
new in 2025: €7,868
- Current portion of long-term debt -€7,040
down €7,040 (-100.0%), from €7,040 to €0
- Trade debts -€1,179
down €1,179 (-71.5%), from €1,648 to €469
- Staff costs -€17,450
down €17,450 (-86.4%), from €20,197 to €2,747
- Depreciation -€9,287
down €9,287 (-81.6%), from €11,383 to €2,096
- Gross operating margin -€4,633
down €4,633 (-8.1%), from €56,871 to €52,238
- Other operating charges +€1,776
up €1,776 (+31.5%), from €5,641 to €7,417
- Taxes +€659
up €659 (+15.8%), from €4,185 to €4,845
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 | €43,772 | €20,599 | -€23,172 | -52.9% |
| Fixed assets | 21/28 | €37,817 | €11,788 | -€26,029 | -68.8% |
| Tangible fixed assets | 22/27 | €36,402 | €10,373 | -€26,029 | -71.5% |
| Plant, machinery and equipment | 23 | €1,452 | €1,208 | -€243 | -16.8% |
| Furniture and vehicles | 24 | €24,262 | €0 | -€24,262 | -100.0% |
| Other tangible fixed assets | 26 | €10,688 | €9,164 | -€1,524 | -14.3% |
| Financial fixed assets | 28 | €1,415 | €1,415 | = | 0.0% |
| Current assets | 29/58 | €5,955 | €8,812 | +€2,857 | +48.0% |
| Stocks and contracts in progress | 3 | €1,634 | €2,482 | +€848 | +51.9% |
| Stocks | 30/36 | €1,634 | €2,482 | +€848 | +51.9% |
| Amounts receivable within one year | 40/41 | €0 | €542 | +€542 | |
| Trade receivables | 40 | €0 | €542 | +€542 | |
| Cash at bank and in hand | 54/58 | €3,582 | €4,318 | +€736 | +20.6% |
| Deferred charges and accrued income | 490/1 | €739 | €1,470 | +€731 | +98.9% |
| Total equity and liabilities | 10/49 | €43,772 | €20,599 | -€23,172 | -52.9% |
| Equity | 10/15 | -€959 | €7,869 | +€8,828 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | - | €7,868 | +€7,868 | |
| Distributable reserves | 133 | - | €7,868 | +€7,868 | |
| Profit (loss) carried forward | 14 | -€960 | €0 | +€960 | |
| Amounts payable | 17/49 | €44,730 | €12,730 | -€32,000 | -71.5% |
| Amounts payable after more than one year | 17 | €12,758 | €0 | -€12,758 | -100.0% |
| Financial debts | 170/4 | €12,758 | €0 | -€12,758 | -100.0% |
| Amounts payable within one year | 42/48 | €31,972 | €12,324 | -€19,648 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €7,040 | €0 | -€7,040 | -100.0% |
| Trade debts | 44 | €1,648 | €469 | -€1,179 | -71.5% |
| Suppliers | 440/4 | €1,648 | €469 | -€1,179 | -71.5% |
| Taxes, remuneration and social security | 45 | €11,202 | €10,770 | -€432 | -3.9% |
| Taxes | 450/3 | €9,879 | €10,770 | +€891 | +9.0% |
| Remuneration and social security | 454/9 | €1,323 | €0 | -€1,323 | -100.0% |
| Other amounts payable | 47/48 | €12,082 | €1,085 | -€10,997 | -91.0% |
| Accrued charges and deferred income | 492/3 | €0 | €406 | +€406 | |
| Remuneration, social security and pensions | 62 | €20,197 | €2,747 | -€17,450 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,383 | €2,096 | -€9,287 | -81.6% |
| Other operating charges | 640/8 | €5,641 | €7,417 | +€1,776 | +31.5% |
| Non-recurring operating charges | 66A | €2,735 | €24,454 | +€21,719 | +794.1% |
| Gross operating margin | 9900 | €56,871 | €52,238 | -€4,633 | -8.1% |
| Operating profit (loss) | 9901 | €16,915 | €15,524 | -€1,391 | -8.2% |
| Financial income | 75/76B | €75 | €0 | -€75 | -100.0% |
| Recurring financial income | 75 | €75 | €0 | -€75 | -100.0% |
| Financial charges | 65/66B | €997 | €851 | -€146 | -14.6% |
| Recurring financial charges | 65 | €997 | €851 | -€146 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €15,992 | €14,672 | -€1,320 | -8.3% |
| Income taxes | 67/77 | €4,185 | €4,845 | +€659 | +15.8% |
| Profit (loss) for the period | 9904 | €11,807 | €9,828 | -€1,979 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,807 | €9,828 | -€1,979 | -16.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.