ELKAUR INTERNATIONAL: what changed
What changed
ELKAUR INTERNATIONAL
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€120,230
2023 · -€115,451-€4,779
Equity
-€848,451
2023 · -€728,221-€120,230
Cash
-
2023 · €53,021-€53,021
Balance sheet total
€3.7m
2023 · €3.9m-€172,132
Largest movements
Assets
- Tangible fixed assets -€106,568
down €106,568 (-2.8%), from €3.8m to €3.7m
- Cash -€53,021
no longer reported in 2024 (was €53,021)
mainly Debts after one year (-€924,738) and Net result for the year (-€120,230)
Equity and liabilities
- Debts after one year -€924,738
down €924,738 (-21.3%), from €4.3m to €3.4m
- Other debts +€885,821
up €885,821 (+588%), from €150,575 to €1.0m
- Profit (loss) carried forward -€109,825
down €109,825 (-7.2%), from -€1.5m to -€1.6m
Income statement
- Purchases and services -€7,192
no longer reported in 2024 (was €7,192)
- Other operating charges +€4,803
up €4,803 (+99.0%), from €4,851 to €9,653
- Gross operating margin -€334
down €334 (-4.6%), from -€7,192 to -€7,526
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€115,451
Gross operating margin
-€334
Other operating charges
-€4,803
Other operating items
+€358
Financial income
-€0
Financial charges
+€0
Result 2024
-€120,230
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€871,716
Investment
€0
Financing
-€924,738
Cash 2023
€53,021
From operations (derived)
+€871,716
Net result for the year
-€120,230
Depreciation
+€106,568
Receivables within one year
+€9,402
Deferred charges and accrued income
+€3,141
Provisions
-€3,517
Trade debts
-€9,469
Other debts
+€885,821
Financing
-€924,738
Debts after one year
-€924,738
Short-term financial debts
+€0
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,867,609 | €3,695,477 | -€172,132 | -4.5% |
| Fixed assets | 21/28 | €3,782,044 | €3,675,477 | -€106,568 | -2.8% |
| Tangible fixed assets | 22/27 | €3,782,044 | €3,675,477 | -€106,568 | -2.8% |
| Land and buildings | 22 | €3,782,044 | €3,675,477 | -€106,568 | -2.8% |
| Current assets | 29/58 | €85,565 | €20,000 | -€65,565 | -76.6% |
| Amounts receivable within one year | 40/41 | €29,402 | €20,000 | -€9,402 | -32.0% |
| Trade receivables | 40 | €9,402 | - | -€9,402 | |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,021 | - | -€53,021 | |
| Deferred charges and accrued income | 490/1 | €3,141 | - | -€3,141 | |
| Total equity and liabilities | 10/49 | €3,867,609 | €3,695,477 | -€172,132 | -4.5% |
| Equity | 10/15 | -€728,221 | -€848,451 | -€120,230 | -16.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €294,844 | €284,439 | -€10,405 | -3.5% |
| Non-distributable reserves | 130/1 | €345 | €345 | = | 0.0% |
| Legal reserve | 130 | €345 | €345 | = | 0.0% |
| Tax-exempt reserves | 132 | €294,499 | €284,094 | -€10,405 | -3.5% |
| Profit (loss) carried forward | 14 | -€1,523,065 | -€1,632,890 | -€109,825 | -7.2% |
| Provisions and deferred taxes | 16 | €98,069 | €94,553 | -€3,517 | -3.6% |
| Deferred taxes | 168 | €98,069 | €94,553 | -€3,517 | -3.6% |
| Amounts payable | 17/49 | €4,497,761 | €4,449,375 | -€48,386 | -1.1% |
| Amounts payable after more than one year | 17 | €4,334,943 | €3,410,205 | -€924,738 | -21.3% |
| Other amounts payable | 178/9 | €4,334,943 | €3,410,205 | -€924,738 | -21.3% |
| Amounts payable within one year | 42/48 | €162,817 | €1,039,170 | +€876,352 | +538% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €12,242 | €2,774 | -€9,469 | -77.3% |
| Suppliers | 440/4 | €12,242 | €2,774 | -€9,469 | -77.3% |
| Other amounts payable | 47/48 | €150,575 | €1,036,396 | +€885,821 | +588% |
| Non-recurring operating income | 76A | - | €813 | +€813 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,192 | - | -€7,192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,568 | €106,568 | = | 0.0% |
| Other operating charges | 640/8 | €4,851 | €9,653 | +€4,803 | +99.0% |
| Non-recurring operating charges | 66A | €358 | - | -€358 | |
| Gross operating margin | 9900 | -€7,192 | -€7,526 | -€334 | -4.6% |
| Operating profit (loss) | 9901 | -€118,968 | -€123,747 | -€4,779 | -4.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €0 | €0 | -€0 | -50.0% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | -€118,968 | -€123,747 | -€4,779 | -4.0% |
| Transfer from deferred taxes | 780 | €3,517 | €3,517 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€115,451 | -€120,230 | -€4,779 | -4.1% |
| Transfer from tax-exempt reserves | 789 | €10,405 | €10,405 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,046 | -€109,825 | -€4,779 | -4.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.