ELO 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.
ELO Services
Largest movements
- Tangible fixed assets -€3,942
down €3,942 (-2.2%), from €181,052 to €177,111
of which Land and buildings: -€2,254
- Other debts -€4,455
down €4,455 (-6.0%), from €73,890 to €69,435
- Other operating charges -€1,463
down €1,463 (-43.6%), from €3,358 to €1,895
- Depreciation +€1,231
up €1,231 (+33.5%), from €3,674 to €4,904
- Financial charges -€88
down €88 (-59.4%), from €148 to €60
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 | €182,660 | €179,592 | -€3,068 | -1.7% |
| Fixed assets | 21/28 | €181,052 | €177,111 | -€3,942 | -2.2% |
| Tangible fixed assets | 22/27 | €181,052 | €177,111 | -€3,942 | -2.2% |
| Land and buildings | 22 | €172,615 | €170,361 | -€2,254 | -1.3% |
| Plant, machinery and equipment | 23 | €8,437 | €6,750 | -€1,687 | -20.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €1,608 | €2,481 | +€873 | +54.3% |
| Cash at bank and in hand | 54/58 | €1,354 | €1,916 | +€562 | +41.5% |
| Deferred charges and accrued income | 490/1 | €254 | €565 | +€312 | +122.8% |
| Total equity and liabilities | 10/49 | €182,660 | €179,592 | -€3,068 | -1.7% |
| Equity | 10/15 | €33,273 | €34,415 | +€1,142 | +3.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,927 | -€33,785 | +€1,142 | +3.3% |
| Amounts payable | 17/49 | €149,387 | €145,177 | -€4,210 | -2.8% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €74,064 | €69,857 | -€4,207 | -5.7% |
| Trade debts | 44 | - | €106 | +€106 | |
| Suppliers | 440/4 | - | €106 | +€106 | |
| Taxes, remuneration and social security | 45 | €174 | €315 | +€141 | +80.8% |
| Taxes | 450/3 | €174 | €315 | +€141 | +80.8% |
| Other amounts payable | 47/48 | €73,890 | €69,435 | -€4,455 | -6.0% |
| Accrued charges and deferred income | 492/3 | €323 | €320 | -€3 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,674 | €4,904 | +€1,231 | +33.5% |
| Other operating charges | 640/8 | €3,358 | €1,895 | -€1,463 | -43.6% |
| Gross operating margin | 9900 | €8,134 | €8,143 | +€9 | +0.1% |
| Operating profit (loss) | 9901 | €1,102 | €1,343 | +€242 | +22.0% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €148 | €60 | -€88 | -59.4% |
| Recurring financial charges | 65 | €148 | €60 | -€88 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €958 | €1,283 | +€325 | +34.0% |
| Income taxes | 67/77 | €174 | €141 | -€33 | -19.2% |
| Profit (loss) for the period | 9904 | €784 | €1,142 | +€359 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €784 | €1,142 | +€359 | +45.8% |
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 28 September 2026 via checked.be.