ELNG: 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.
ELNG
Largest movements
- Tangible fixed assets +€22,470
up €22,470 (+2964.3%), from €758 to €23,228
- Receivables within one year -€14,888
down €14,888 (-70.8%), from €21,032 to €6,144
of which Other amounts receivable: -€8,546
- Cash -€7,374
down €7,374 (-23.5%), from €31,316 to €23,942
mainly Investment in fixed assets (net) (-€23,206) and Trade debts (-€7,999)
- Trade debts -€7,999
down €7,999 (-68.9%), from €11,616 to €3,617
of which Suppliers: -€4,893
- Other debts +€7,000
new in 2024: €7,000
- Profit (loss) carried forward +€785
up €785 (+3.0%), from €26,462 to €27,248
- Gross operating margin -€4,712
down €4,712 (-34.4%), from €13,698 to €8,986
- Taxes -€2,334
down €2,334 (-99.5%), from €2,346 to €12
- Depreciation +€507
up €507 (+221.2%), from €229 to €736
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 | €54,939 | €54,725 | -€214 | -0.4% |
| Fixed assets | 21/28 | €998 | €23,468 | +€22,470 | +2251.4% |
| Tangible fixed assets | 22/27 | €758 | €23,228 | +€22,470 | +2964.3% |
| Furniture and vehicles | 24 | €758 | €23,228 | +€22,470 | +2964.3% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €53,941 | €31,257 | -€22,684 | -42.1% |
| Amounts receivable within one year | 40/41 | €21,032 | €6,144 | -€14,888 | -70.8% |
| Trade receivables | 40 | €6,343 | - | -€6,343 | |
| Other amounts receivable | 41 | €14,689 | €6,144 | -€8,546 | -58.2% |
| Cash at bank and in hand | 54/58 | €31,316 | €23,942 | -€7,374 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,593 | €1,171 | -€421 | -26.4% |
| Total equity and liabilities | 10/49 | €54,939 | €54,725 | -€214 | -0.4% |
| Equity | 10/15 | €43,323 | €44,108 | +€785 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,661 | €10,661 | = | 0.0% |
| Non-distributable reserves | 130/1 | €661 | €661 | = | 0.0% |
| Reserves not available under the articles | 1311 | €661 | €661 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,462 | €27,248 | +€785 | +3.0% |
| Amounts payable | 17/49 | €11,616 | €10,617 | -€999 | -8.6% |
| Amounts payable within one year | 42/48 | €11,616 | €10,617 | -€999 | -8.6% |
| Trade debts | 44 | €11,616 | €3,617 | -€7,999 | -68.9% |
| Suppliers | 440/4 | €8,510 | €3,617 | -€4,893 | -57.5% |
| Bills of exchange payable | 441 | €3,105 | - | -€3,105 | |
| Other amounts payable | 47/48 | - | €7,000 | +€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229 | €736 | +€507 | +221.2% |
| Other operating charges | 640/8 | €942 | €878 | -€64 | -6.8% |
| Gross operating margin | 9900 | €13,698 | €8,986 | -€4,712 | -34.4% |
| Operating profit (loss) | 9901 | €12,527 | €7,372 | -€5,155 | -41.1% |
| Financial income | 75/76B | €536 | €578 | +€42 | +7.8% |
| Recurring financial income | 75 | €536 | €578 | +€42 | +7.8% |
| Financial charges | 65/66B | €143 | €153 | +€10 | +7.0% |
| Recurring financial charges | 65 | €143 | €153 | +€10 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €12,920 | €7,797 | -€5,123 | -39.7% |
| Income taxes | 67/77 | €2,346 | €12 | -€2,334 | -99.5% |
| Profit (loss) for the period | 9904 | €10,574 | €7,785 | -€2,789 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,574 | €7,785 | -€2,789 | -26.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.