ELNO PROPERTIES: 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.
ELNO PROPERTIES
Largest movements
- Stocks and contracts +€108,366
up €108,366 (+21.8%), from €497,293 to €605,659
- Debts after one year +€55,000
up €55,000 (+45.8%), from €120,000 to €175,000
- Other debts +€44,002
up €44,002 (+12,459%), from €353 to €44,355
- Trade debts +€11,456
up €11,456 (+22.6%), from €50,689 to €62,145
- Other operating charges -€17,748
down €17,748 (-97.7%), from €18,174 to €426
- Gross operating margin -€13,350
down €13,350 (-43.5%), from €30,656 to €17,306
- Financial charges +€9,770
up €9,770 (+84.3%), from €11,589 to €21,359
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 | €601,223 | €707,757 | +€106,534 | +17.7% |
| Fixed assets | 21/28 | €100,000 | €100,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €100,000 | €100,000 | = | 0.0% |
| Land and buildings | 22 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €501,223 | €607,757 | +€106,534 | +21.3% |
| Stocks and contracts in progress | 3 | €497,293 | €605,659 | +€108,366 | +21.8% |
| Stocks | 30/36 | €497,293 | €605,659 | +€108,366 | +21.8% |
| Amounts receivable within one year | 40/41 | €155 | €179 | +€24 | +15.6% |
| Trade receivables | 40 | - | €179 | +€179 | |
| Other amounts receivable | 41 | €155 | €0 | -€155 | -100% |
| Cash at bank and in hand | 54/58 | €3,144 | €1,919 | -€1,224 | -38.9% |
| Deferred charges and accrued income | 490/1 | €632 | €0 | -€632 | -100% |
| Total equity and liabilities | 10/49 | €601,223 | €707,757 | +€106,534 | +17.7% |
| Equity | 10/15 | €50,659 | €46,236 | -€4,423 | -8.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €650 | €0 | -€650 | -100% |
| Distributable reserves | 133 | €650 | €0 | -€650 | -100% |
| Profit (loss) carried forward | 14 | €9 | -€3,764 | -€3,773 | |
| Amounts payable | 17/49 | €550,564 | €661,521 | +€110,957 | +20.2% |
| Amounts payable after more than one year | 17 | €120,000 | €175,000 | +€55,000 | +45.8% |
| Financial debts | 170/4 | €120,000 | €175,000 | +€55,000 | +45.8% |
| Amounts payable within one year | 42/48 | €430,564 | €486,521 | +€55,957 | +13.0% |
| Financial debts | 43 | €379,287 | €380,000 | +€713 | +0.2% |
| Credit institutions | 430/8 | €379,287 | €380,000 | +€713 | +0.2% |
| Trade debts | 44 | €50,689 | €62,145 | +€11,456 | +22.6% |
| Suppliers | 440/4 | €50,689 | €62,145 | +€11,456 | +22.6% |
| Taxes, remuneration and social security | 45 | €235 | €22 | -€213 | -90.8% |
| Taxes | 450/3 | €235 | €22 | -€213 | -90.8% |
| Other amounts payable | 47/48 | €353 | €44,355 | +€44,002 | +12,459% |
| Other operating charges | 640/8 | €18,174 | €426 | -€17,748 | -97.7% |
| Gross operating margin | 9900 | €30,656 | €17,306 | -€13,350 | -43.5% |
| Operating profit (loss) | 9901 | €12,482 | €16,880 | +€4,398 | +35.2% |
| Financial charges | 65/66B | €11,589 | €21,359 | +€9,770 | +84.3% |
| Recurring financial charges | 65 | €11,589 | €21,359 | +€9,770 | +84.3% |
| Profit (loss) for the period before taxes | 9903 | €894 | -€4,479 | -€5,373 | |
| Income taxes | 67/77 | €235 | €179 | -€56 | -24.0% |
| Profit (loss) for the period | 9904 | €659 | -€4,658 | -€5,316 | |
| Profit (loss) for the period to be appropriated | 9905 | €659 | -€4,658 | -€5,316 |
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 20 October 2026 via checked.be.