ELJOSAVI: 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.
ELJOSAVI
Largest movements
- Cash +€28,402
up €28,402 (+121%), from €23,528 to €51,930
mainly Net result for the year (+€29,556) and Debts after one year (+€5,620)
- Tangible fixed assets +€9,660
up €9,660 (+357%), from €2,708 to €12,368
- Receivables within one year +€2,008
new in 2025: €2,008
- Profit (loss) carried forward +€27,866
up €27,866 (+97.9%), from €28,470 to €56,337
- Debts after one year +€5,620
new in 2025: €5,620
- Current portion of long-term debt +€5,017
new in 2025: €5,017
- Other debts +€1,690
up €1,690 (+83.3%), from €2,028 to €3,718
- Trade debts +€1,622
up €1,622 (+107%), from €1,514 to €3,136
- Gross operating margin +€6,199
up €6,199 (+15.6%), from €39,620 to €45,819
- Depreciation +€2,440
up €2,440 (+106%), from €2,292 to €4,732
- Financial charges +€592
up €592 (+4,437%), from €13 to €606
- Taxes +€464
up €464 (+5.8%), from €8,028 to €8,492
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 | €40,965 | €81,614 | +€40,649 | +99.2% |
| Fixed assets | 21/28 | €2,708 | €12,368 | +€9,660 | +357% |
| Tangible fixed assets | 22/27 | €2,708 | €12,368 | +€9,660 | +357% |
| Furniture and vehicles | 24 | €2,708 | €12,368 | +€9,660 | +357% |
| Current assets | 29/58 | €38,257 | €69,246 | +€30,989 | +81.0% |
| Amounts receivable within one year | 40/41 | - | €2,008 | +€2,008 | |
| Other amounts receivable | 41 | - | €2,008 | +€2,008 | |
| Cash at bank and in hand | 54/58 | €23,528 | €51,930 | +€28,402 | +121% |
| Deferred charges and accrued income | 490/1 | €14,729 | €15,308 | +€579 | +3.9% |
| Total equity and liabilities | 10/49 | €40,965 | €81,614 | +€40,649 | +99.2% |
| Equity | 10/15 | €33,470 | €61,337 | +€27,866 | +83.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,470 | €56,337 | +€27,866 | +97.9% |
| Amounts payable | 17/49 | €7,495 | €20,278 | +€12,783 | +171% |
| Amounts payable after more than one year | 17 | - | €5,620 | +€5,620 | |
| Financial debts | 170/4 | - | €5,620 | +€5,620 | |
| Amounts payable within one year | 42/48 | €5,682 | €13,983 | +€8,301 | +146% |
| Current portion of amounts payable after more than one year | 42 | - | €5,017 | +€5,017 | |
| Trade debts | 44 | €1,514 | €3,136 | +€1,622 | +107% |
| Suppliers | 440/4 | €1,514 | €3,136 | +€1,622 | +107% |
| Taxes, remuneration and social security | 45 | €2,139 | €2,112 | -€28 | -1.3% |
| Taxes | 450/3 | €2,139 | €2,112 | -€28 | -1.3% |
| Other amounts payable | 47/48 | €2,028 | €3,718 | +€1,690 | +83.3% |
| Accrued charges and deferred income | 492/3 | €1,813 | €675 | -€1,138 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,292 | €4,732 | +€2,440 | +106% |
| Other operating charges | 640/8 | €817 | €725 | -€92 | -11.3% |
| Non-recurring operating charges | 66A | - | €1,708 | +€1,708 | |
| Gross operating margin | 9900 | €39,620 | €45,819 | +€6,199 | +15.6% |
| Operating profit (loss) | 9901 | €36,511 | €38,654 | +€2,142 | +5.9% |
| Financial charges | 65/66B | €13 | €606 | +€592 | +4,437% |
| Recurring financial charges | 65 | €13 | €606 | +€592 | +4,437% |
| Profit (loss) for the period before taxes | 9903 | €36,498 | €38,048 | +€1,550 | +4.2% |
| Income taxes | 67/77 | €8,028 | €8,492 | +€464 | +5.8% |
| Profit (loss) for the period | 9904 | €28,470 | €29,556 | +€1,086 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,470 | €29,556 | +€1,086 | +3.8% |
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 17 October 2026 via checked.be.