ELNY: 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.
ELNY
Largest movements
- Cash +€43,889
up €43,889 (+73.6%), from €59,625 to €103,513
mainly Stocks and contracts (+€28,824) and Receivables within one year (+€12,555)
- Stocks and contracts -€28,824
down €28,824 (-49.3%), from €58,521 to €29,697
- Receivables within one year -€12,555
down €12,555 (-68.4%), from €18,343 to €5,788
of which Trade receivables: -€7,153
- Deferred charges and accrued income -€10,505
down €10,505 (-60.3%), from €17,433 to €6,928
- Tangible fixed assets +€8,051
up €8,051 (+26.6%), from €30,244 to €38,295
of which Furniture and vehicles: +€14,172
- Profit (loss) carried forward +€2,837
up €2,837 (+2.6%), from €110,327 to €113,165
- Trade debts -€2,387
down €2,387 (-9.2%), from €25,975 to €23,589
- Gross operating margin +€7,413
up €7,413 (+85.3%), from €8,688 to €16,101
- Depreciation +€2,471
up €2,471 (+25.4%), from €9,731 to €12,202
- Taxes +€1,217
up €1,217 (+122.7%), from €992 to €2,209
- Financial income -€633
down €633 (-17.6%), from €3,592 to €2,960
- Financial charges -€410
down €410 (-27.0%), from €1,517 to €1,108
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 | €184,166 | €184,222 | +€56 | 0.0% |
| Fixed assets | 21/28 | €30,244 | €38,295 | +€8,051 | +26.6% |
| Tangible fixed assets | 22/27 | €30,244 | €38,295 | +€8,051 | +26.6% |
| Plant, machinery and equipment | 23 | €6,163 | €4,895 | -€1,268 | -20.6% |
| Furniture and vehicles | 24 | €10,790 | €24,962 | +€14,172 | +131.3% |
| Other tangible fixed assets | 26 | €13,291 | €8,437 | -€4,853 | -36.5% |
| Current assets | 29/58 | €153,922 | €145,927 | -€7,995 | -5.2% |
| Stocks and contracts in progress | 3 | €58,521 | €29,697 | -€28,824 | -49.3% |
| Stocks | 30/36 | €58,521 | €29,697 | -€28,824 | -49.3% |
| Amounts receivable within one year | 40/41 | €18,343 | €5,788 | -€12,555 | -68.4% |
| Trade receivables | 40 | €9,867 | €2,714 | -€7,153 | -72.5% |
| Other amounts receivable | 41 | €8,476 | €3,074 | -€5,402 | -63.7% |
| Cash at bank and in hand | 54/58 | €59,625 | €103,513 | +€43,889 | +73.6% |
| Deferred charges and accrued income | 490/1 | €17,433 | €6,928 | -€10,505 | -60.3% |
| Total equity and liabilities | 10/49 | €184,166 | €184,222 | +€56 | 0.0% |
| Equity | 10/15 | €143,771 | €146,609 | +€2,837 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,844 | €14,844 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €14,844 | €14,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,327 | €113,165 | +€2,837 | +2.6% |
| Amounts payable | 17/49 | €40,395 | €37,613 | -€2,782 | -6.9% |
| Amounts payable within one year | 42/48 | €40,378 | €37,613 | -€2,765 | -6.8% |
| Trade debts | 44 | €25,975 | €23,589 | -€2,387 | -9.2% |
| Suppliers | 440/4 | €25,975 | €23,589 | -€2,387 | -9.2% |
| Taxes, remuneration and social security | 45 | €3,510 | €4,130 | +€620 | +17.7% |
| Taxes | 450/3 | €2,610 | €3,230 | +€620 | +23.7% |
| Remuneration and social security | 454/9 | €900 | €900 | = | 0.0% |
| Other amounts payable | 47/48 | €10,893 | €9,895 | -€998 | -9.2% |
| Accrued charges and deferred income | 492/3 | €17 | €0 | -€17 | -100.0% |
| Non-recurring operating income | 76A | €4,909 | €2,000 | -€2,909 | -59.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,731 | €12,202 | +€2,471 | +25.4% |
| Other operating charges | 640/8 | €821 | €704 | -€117 | -14.2% |
| Gross operating margin | 9900 | €8,688 | €16,101 | +€7,413 | +85.3% |
| Operating profit (loss) | 9901 | -€1,865 | €3,195 | +€5,059 | |
| Financial income | 75/76B | €3,592 | €2,960 | -€633 | -17.6% |
| Recurring financial income | 75 | €3,592 | €2,960 | -€633 | -17.6% |
| Financial charges | 65/66B | €1,517 | €1,108 | -€410 | -27.0% |
| Recurring financial charges | 65 | €1,517 | €1,108 | -€410 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €210 | €5,047 | +€4,836 | +2297.7% |
| Income taxes | 67/77 | €992 | €2,209 | +€1,217 | +122.7% |
| Profit (loss) for the period | 9904 | -€782 | €2,837 | +€3,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€782 | €2,837 | +€3,619 |
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 6 October 2026 via checked.be.