ELNO SERVICES: 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.
ELNO SERVICES
Largest movements
- Tangible fixed assets +€86,340
up €86,340 (+46.9%), from €184,164 to €270,504
of which Furniture and vehicles: +€92,098
- Cash +€16,139
up €16,139 (+987.3%), from €1,635 to €17,773
mainly Debts after one year (+€66,194) and Net result for the year (+€39,004)
- Debts after one year +€66,194
up €66,194 (+41.4%), from €160,000 to €226,194
- Profit (loss) carried forward +€38,171
up €38,171 (+122.1%), from €31,252 to €69,423
- Depreciation +€17,489
up €17,489 (+303.8%), from €5,758 to €23,246
- Gross operating margin +€12,175
up €12,175 (+19.6%), from €62,189 to €74,364
- Taxes +€2,047
up €2,047 (+23.8%), from €8,607 to €10,654
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.
Cash bridge derived
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 | €204,296 | €309,021 | +€104,725 | +51.3% |
| Fixed assets | 21/28 | €184,264 | €270,604 | +€86,340 | +46.9% |
| Tangible fixed assets | 22/27 | €184,164 | €270,504 | +€86,340 | +46.9% |
| Land and buildings | 22 | €184,164 | €178,406 | -€5,758 | -3.1% |
| Furniture and vehicles | 24 | - | €92,098 | +€92,098 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €20,033 | €38,417 | +€18,385 | +91.8% |
| Amounts receivable within one year | 40/41 | €14,011 | €16,347 | +€2,337 | +16.7% |
| Trade receivables | 40 | €13,813 | €14,308 | +€495 | +3.6% |
| Other amounts receivable | 41 | €197 | €2,039 | +€1,842 | +932.7% |
| Cash at bank and in hand | 54/58 | €1,635 | €17,773 | +€16,139 | +987.3% |
| Deferred charges and accrued income | 490/1 | €4,387 | €4,296 | -€91 | -2.1% |
| Total equity and liabilities | 10/49 | €204,296 | €309,021 | +€104,725 | +51.3% |
| Equity | 10/15 | €34,252 | €72,423 | +€38,171 | +111.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,252 | €69,423 | +€38,171 | +122.1% |
| Amounts payable | 17/49 | €170,044 | €236,599 | +€66,554 | +39.1% |
| Amounts payable after more than one year | 17 | €160,000 | €226,194 | +€66,194 | +41.4% |
| Financial debts | 170/4 | €160,000 | €226,194 | +€66,194 | +41.4% |
| Amounts payable within one year | 42/48 | €10,044 | €10,405 | +€361 | +3.6% |
| Trade debts | 44 | €3,965 | €1,732 | -€2,234 | -56.3% |
| Suppliers | 440/4 | €3,965 | €1,732 | -€2,234 | -56.3% |
| Taxes, remuneration and social security | 45 | €6,079 | €8,673 | +€2,594 | +42.7% |
| Taxes | 450/3 | €6,079 | €7,998 | +€1,919 | +31.6% |
| Remuneration and social security | 454/9 | - | €676 | +€676 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,758 | €23,246 | +€17,489 | +303.8% |
| Other operating charges | 640/8 | €1,466 | €1,383 | -€84 | -5.7% |
| Gross operating margin | 9900 | €62,189 | €74,364 | +€12,175 | +19.6% |
| Operating profit (loss) | 9901 | €54,966 | €49,735 | -€5,231 | -9.5% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €16 | €78 | +€61 | +371.7% |
| Recurring financial charges | 65 | €16 | €78 | +€61 | +371.7% |
| Profit (loss) for the period before taxes | 9903 | €54,949 | €49,658 | -€5,292 | -9.6% |
| Income taxes | 67/77 | €8,607 | €10,654 | +€2,047 | +23.8% |
| Profit (loss) for the period | 9904 | €46,342 | €39,004 | -€7,339 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,342 | €39,004 | -€7,339 | -15.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.