Elnoro: 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.
Elnoro
Largest movements
- Receivables within one year -€43,679
down €43,679 (-90.1%), from €48,497 to €4,819
of which Other amounts receivable: -€43,679
- Cash +€37,009
up €37,009 (+227%), from €16,330 to €53,339
mainly Receivables within one year (+€43,679) and Tax, wage and social debts (+€584)
- Profit (loss) carried forward -€7,254
down €7,254 (-172%), from -€4,222 to -€11,476
- Gross operating margin +€2,702
up €2,702 (+28.8%), from -€9,371 to -€6,669
- Financial income -€300
down €300 (-61.6%), from €487 to €187
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 | €95,340 | €88,670 | -€6,670 | -7.0% |
| Current assets | 29/58 | €95,340 | €88,670 | -€6,670 | -7.0% |
| Amounts receivable within one year | 40/41 | €48,497 | €4,819 | -€43,679 | -90.1% |
| Trade receivables | 40 | €4,514 | €4,514 | = | 0.0% |
| Other amounts receivable | 41 | €43,983 | €305 | -€43,679 | -99.3% |
| Cash at bank and in hand | 54/58 | €16,330 | €53,339 | +€37,009 | +227% |
| Deferred charges and accrued income | 490/1 | €30,512 | €30,512 | = | 0.0% |
| Total equity and liabilities | 10/49 | €95,340 | €88,670 | -€6,670 | -7.0% |
| Equity | 10/15 | €14,328 | €7,074 | -€7,254 | -50.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,222 | -€11,476 | -€7,254 | -172% |
| Amounts payable | 17/49 | €81,012 | €81,596 | +€584 | +0.7% |
| Amounts payable within one year | 42/48 | €76,657 | €77,241 | +€584 | +0.8% |
| Trade debts | 44 | €76,657 | €76,657 | = | 0.0% |
| Suppliers | 440/4 | €76,657 | €76,657 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €584 | +€584 | |
| Taxes | 450/3 | - | €584 | +€584 | |
| Accrued charges and deferred income | 492/3 | €4,355 | €4,355 | = | 0.0% |
| Other operating charges | 640/8 | €728 | €644 | -€84 | -11.5% |
| Gross operating margin | 9900 | -€9,371 | -€6,669 | +€2,702 | +28.8% |
| Operating profit (loss) | 9901 | -€10,099 | -€7,313 | +€2,787 | +27.6% |
| Financial income | 75/76B | €487 | €187 | -€300 | -61.6% |
| Recurring financial income | 75 | €487 | €187 | -€300 | -61.6% |
| Financial charges | 65/66B | €139 | €128 | -€10 | -7.4% |
| Recurring financial charges | 65 | €139 | €128 | -€10 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,750 | -€7,254 | +€2,497 | +25.6% |
| Income taxes | 67/77 | -€42 | - | +€42 | |
| Profit (loss) for the period | 9904 | -€9,709 | -€7,254 | +€2,455 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,709 | -€7,254 | +€2,455 | +25.3% |
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 22 October 2026 via checked.be.