ELNUR TRANS: 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.
ELNUR TRANS
Largest movements
- Tangible fixed assets +€12,875
up €12,875 (+9.3%), from €138,454 to €151,329
- Cash -€3,018
down €3,018 (-5.6%), from €53,496 to €50,478
mainly Investment in fixed assets (net) (-€57,286) and Debts after one year (-€22,927)
- Receivables within one year -€2,897
down €2,897 (-4.7%), from €61,224 to €58,327
of which Other amounts receivable: -€14,636
- Debts after one year -€22,927
down €22,927 (-33.9%), from €67,714 to €44,788
- Trade debts -€20,434
down €20,434 (-99.9%), from €20,445 to €12
- Tax, wage and social debts +€17,123
up €17,123 (+42.4%), from €40,413 to €57,536
of which Taxes: +€9,810
- Current portion of long-term debt +€15,793
up €15,793 (+45.9%), from €34,408 to €50,202
- Accrued charges and deferred income +€9,980
new in 2025: €9,980
- Staff costs +€96,365
up €96,365 (+80.9%), from €119,064 to €215,428
- Gross operating margin +€78,652
up €78,652 (+35.0%), from €224,417 to €303,069
- Depreciation +€15,248
up €15,248 (+52.3%), from €29,163 to €44,411
- Other operating charges +€9,407
up €9,407 (+63.0%), from €14,935 to €24,342
- Taxes -€5,135
down €5,135 (-45.6%), from €11,261 to €6,126
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 | €253,309 | €260,269 | +€6,960 | +2.7% |
| Fixed assets | 21/28 | €138,589 | €151,464 | +€12,875 | +9.3% |
| Tangible fixed assets | 22/27 | €138,454 | €151,329 | +€12,875 | +9.3% |
| Furniture and vehicles | 24 | €138,454 | €151,329 | +€12,875 | +9.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €114,720 | €108,805 | -€5,915 | -5.2% |
| Amounts receivable within one year | 40/41 | €61,224 | €58,327 | -€2,897 | -4.7% |
| Trade receivables | 40 | €46,588 | €58,327 | +€11,739 | +25.2% |
| Other amounts receivable | 41 | €14,636 | - | -€14,636 | |
| Cash at bank and in hand | 54/58 | €53,496 | €50,478 | -€3,018 | -5.6% |
| Total equity and liabilities | 10/49 | €253,309 | €260,269 | +€6,960 | +2.7% |
| Equity | 10/15 | €90,328 | €97,751 | +€7,423 | +8.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,328 | €87,751 | +€7,423 | +9.2% |
| Amounts payable | 17/49 | €162,981 | €162,517 | -€463 | -0.3% |
| Amounts payable after more than one year | 17 | €67,714 | €44,788 | -€22,927 | -33.9% |
| Financial debts | 170/4 | €67,714 | €44,788 | -€22,927 | -33.9% |
| Amounts payable within one year | 42/48 | €95,267 | €107,750 | +€12,483 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €34,408 | €50,202 | +€15,793 | +45.9% |
| Trade debts | 44 | €20,445 | €12 | -€20,434 | -99.9% |
| Suppliers | 440/4 | €20,445 | €12 | -€20,434 | -99.9% |
| Taxes, remuneration and social security | 45 | €40,413 | €57,536 | +€17,123 | +42.4% |
| Taxes | 450/3 | €20,935 | €30,745 | +€9,810 | +46.9% |
| Remuneration and social security | 454/9 | €19,478 | €26,791 | +€7,313 | +37.5% |
| Accrued charges and deferred income | 492/3 | - | €9,980 | +€9,980 | |
| Remuneration, social security and pensions | 62 | €119,064 | €215,428 | +€96,365 | +80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,163 | €44,411 | +€15,248 | +52.3% |
| Other operating charges | 640/8 | €14,935 | €24,342 | +€9,407 | +63.0% |
| Non-recurring operating charges | 66A | €16,319 | - | -€16,319 | |
| Gross operating margin | 9900 | €224,417 | €303,069 | +€78,652 | +35.0% |
| Operating profit (loss) | 9901 | €44,937 | €18,888 | -€26,048 | -58.0% |
| Financial charges | 65/66B | €5,103 | €6,987 | +€1,884 | +36.9% |
| Recurring financial charges | 65 | €5,103 | €6,987 | +€1,884 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €39,834 | €11,901 | -€27,933 | -70.1% |
| Income taxes | 67/77 | €11,261 | €6,126 | -€5,135 | -45.6% |
| Profit (loss) for the period | 9904 | €28,573 | €5,775 | -€22,798 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,573 | €5,775 | -€22,798 | -79.8% |
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 17 October 2026 via checked.be.