ELNOMA: 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.
ELNOMA
Largest movements
- Cash +€10,705
up €10,705 (+20.8%), from €51,533 to €62,238
mainly Net result for the year (+€18,171) and Depreciation (+€469)
- Reserves +€26,770
up €26,770 (+133.5%), from €20,053 to €46,824
- Profit (loss) carried forward -€8,600
down €8,600 (-32.1%), from €26,770 to €18,171
- Tax, wage and social debts -€6,047
down €6,047 (-43.8%), from €13,818 to €7,770
- Gross operating margin -€9,751
down €9,751 (-25.1%), from €38,865 to €29,114
- Taxes -€1,203
down €1,203 (-19.1%), from €6,308 to €5,106
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,530 | €80,644 | +€12,114 | +17.7% |
| Fixed assets | 21/28 | €668 | €1,198 | +€530 | +79.4% |
| Tangible fixed assets | 22/27 | €668 | €1,198 | +€530 | +79.4% |
| Furniture and vehicles | 24 | €668 | €1,198 | +€530 | +79.4% |
| Current assets | 29/58 | €67,862 | €79,446 | +€11,584 | +17.1% |
| Amounts receivable within one year | 40/41 | €16,212 | €16,984 | +€772 | +4.8% |
| Trade receivables | 40 | €16,212 | €16,984 | +€772 | +4.8% |
| Cash at bank and in hand | 54/58 | €51,533 | €62,238 | +€10,705 | +20.8% |
| Deferred charges and accrued income | 490/1 | €117 | €225 | +€108 | +91.9% |
| Total equity and liabilities | 10/49 | €68,530 | €80,644 | +€12,114 | +17.7% |
| Equity | 10/15 | €51,824 | €69,994 | +€18,171 | +35.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,053 | €46,824 | +€26,770 | +133.5% |
| Distributable reserves | 133 | €20,053 | €46,824 | +€26,770 | +133.5% |
| Profit (loss) carried forward | 14 | €26,770 | €18,171 | -€8,600 | -32.1% |
| Amounts payable | 17/49 | €16,706 | €10,650 | -€6,056 | -36.3% |
| Amounts payable within one year | 42/48 | €16,695 | €10,650 | -€6,045 | -36.2% |
| Trade debts | 44 | €2,877 | €2,880 | +€3 | +0.1% |
| Suppliers | 440/4 | €2,877 | €2,880 | +€3 | +0.1% |
| Taxes, remuneration and social security | 45 | €13,818 | €7,770 | -€6,047 | -43.8% |
| Taxes | 450/3 | €13,818 | €7,770 | -€6,047 | -43.8% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265 | €469 | +€204 | +76.9% |
| Other operating charges | 640/8 | €1,017 | €1,231 | +€214 | +21.0% |
| Gross operating margin | 9900 | €38,865 | €29,114 | -€9,751 | -25.1% |
| Operating profit (loss) | 9901 | €37,583 | €27,414 | -€10,169 | -27.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,504 | €4,138 | -€367 | -8.1% |
| Recurring financial charges | 65 | €4,504 | €4,138 | -€367 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €33,079 | €23,276 | -€9,802 | -29.6% |
| Income taxes | 67/77 | €6,308 | €5,106 | -€1,203 | -19.1% |
| Profit (loss) for the period | 9904 | €26,770 | €18,171 | -€8,600 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,770 | €18,171 | -€8,600 | -32.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.