ELNESE: 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.
ELNESE
Largest movements
- Receivables within one year +€42,662
up €42,662 (+251.5%), from €16,961 to €59,623
of which Trade receivables: +€34,600
- Cash -€32,011
down €32,011 (-38.3%), from €83,615 to €51,604
mainly Other debts (-€48,484) and Receivables within one year (-€42,662)
- Tangible fixed assets +€6,204
up €6,204, from €0 to €6,204
of which Furniture and vehicles: +€6,204
- Other debts -€48,484
down €48,484 (-99.2%), from €48,877 to €393
- Reserves +€45,533
up €45,533 (+3023.8%), from €1,506 to €47,039
of which Distributable reserves: +€47,039
- Tax, wage and social debts +€20,117
up €20,117 (+299.2%), from €6,724 to €26,841
of which Taxes: +€18,817
- Gross operating margin +€46,910
up €46,910 (+203.2%), from €23,087 to €69,998
- Taxes +€22,817
up €22,817 (+2114.2%), from €1,079 to €23,897
- Other operating charges -€18,623
down €18,623 (-98.0%), from €19,008 to €384
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,298 | €119,153 | +€16,855 | +16.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,722 | €7,926 | +€6,204 | +360.3% |
| Tangible fixed assets | 22/27 | €0 | €6,204 | +€6,204 | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €6,204 | +€6,204 | |
| Financial fixed assets | 28 | €1,722 | €1,722 | = | 0.0% |
| Current assets | 29/58 | €100,576 | €111,227 | +€10,651 | +10.6% |
| Amounts receivable within one year | 40/41 | €16,961 | €59,623 | +€42,662 | +251.5% |
| Trade receivables | 40 | €14,531 | €49,132 | +€34,600 | +238.1% |
| Other amounts receivable | 41 | €2,430 | €10,491 | +€8,062 | +331.8% |
| Cash at bank and in hand | 54/58 | €83,615 | €51,604 | -€32,011 | -38.3% |
| Total equity and liabilities | 10/49 | €102,298 | €119,153 | +€16,855 | +16.5% |
| Equity | 10/15 | €46,181 | €91,714 | +€45,533 | +98.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,506 | €47,039 | +€45,533 | +3023.8% |
| Non-distributable reserves | 130/1 | €1,506 | - | -€1,506 | |
| Reserves not available under the articles | 1311 | €1,506 | - | -€1,506 | |
| Distributable reserves | 133 | - | €47,039 | +€47,039 | |
| Profit (loss) carried forward | 14 | €26,075 | €26,075 | = | 0.0% |
| Amounts payable | 17/49 | €56,117 | €27,440 | -€28,677 | -51.1% |
| Amounts payable within one year | 42/48 | €56,117 | €27,440 | -€28,677 | -51.1% |
| Trade debts | 44 | €517 | €206 | -€311 | -60.2% |
| Suppliers | 440/4 | €517 | €206 | -€311 | -60.2% |
| Taxes, remuneration and social security | 45 | €6,724 | €26,841 | +€20,117 | +299.2% |
| Taxes | 450/3 | €6,724 | €25,541 | +€18,817 | +279.9% |
| Remuneration and social security | 454/9 | - | €1,300 | +€1,300 | |
| Other amounts payable | 47/48 | €48,877 | €393 | -€48,484 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €21 | +€21 | |
| Other operating charges | 640/8 | €19,008 | €384 | -€18,623 | -98.0% |
| Non-recurring operating charges | 66A | €1,201 | - | -€1,201 | |
| Gross operating margin | 9900 | €23,087 | €69,998 | +€46,910 | +203.2% |
| Operating profit (loss) | 9901 | €2,879 | €69,592 | +€66,713 | +2317.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €653 | €162 | -€490 | -75.1% |
| Recurring financial charges | 65 | €653 | €162 | -€490 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €2,226 | €69,429 | +€67,203 | +3019.1% |
| Income taxes | 67/77 | €1,079 | €23,897 | +€22,817 | +2114.2% |
| Profit (loss) for the period | 9904 | €1,147 | €45,533 | +€44,386 | +3870.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,147 | €45,533 | +€44,386 | +3870.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.