ELO-TECHNOLOGIE: 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.
ELO-TECHNOLOGIE
Largest movements
- Receivables within one year +€1,894
up €1,894 (+1,033%), from €183 to €2,077
of which Trade receivables: +€1,254
- Cash +€958
up €958 (+74.0%), from €1,294 to €2,252
- Trade debts +€2,792
new in 2023: €2,792
- Other debts +€1,789
up €1,789 (+460%), from €389 to €2,178
- Profit (loss) carried forward -€1,601
down €1,601 (-154%), from -€1,040 to -€2,641
- Tax, wage and social debts -€129
no longer reported in 2023 (was €129)
- Turnover +€7,959
new in 2023: €7,959
- Purchases and services +€6,190
new in 2023: €6,190
- Gross operating margin +€2,627
up €2,627, from -€859 to €1,768
- Financial charges +€547
up €547 (+301%), from €182 to €729
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,478 | €4,329 | +€2,852 | +193% |
| Current assets | 29/58 | €1,478 | €4,329 | +€2,852 | +193% |
| Amounts receivable within one year | 40/41 | €183 | €2,077 | +€1,894 | +1,033% |
| Trade receivables | 40 | €183 | €1,438 | +€1,254 | +684% |
| Other amounts receivable | 41 | - | €639 | +€639 | |
| Cash at bank and in hand | 54/58 | €1,294 | €2,252 | +€958 | +74.0% |
| Total equity and liabilities | 10/49 | €1,478 | €4,329 | +€2,852 | +193% |
| Equity | 10/15 | €960 | -€641 | -€1,601 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,040 | -€2,641 | -€1,601 | -154% |
| Amounts payable | 17/49 | €518 | €4,970 | +€4,452 | +860% |
| Amounts payable within one year | 42/48 | €518 | €4,970 | +€4,452 | +860% |
| Trade debts | 44 | - | €2,792 | +€2,792 | |
| Suppliers | 440/4 | - | €2,792 | +€2,792 | |
| Taxes, remuneration and social security | 45 | €129 | - | -€129 | |
| Taxes | 450/3 | €129 | - | -€129 | |
| Other amounts payable | 47/48 | €389 | €2,178 | +€1,789 | +460% |
| Turnover | 70 | - | €7,959 | +€7,959 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,190 | +€6,190 | |
| Other operating charges | 640/8 | - | €75 | +€75 | |
| Gross operating margin | 9900 | -€859 | €1,768 | +€2,627 | |
| Operating profit (loss) | 9901 | -€859 | €1,693 | +€2,552 | |
| Financial charges | 65/66B | €182 | €729 | +€547 | +301% |
| Recurring financial charges | 65 | €182 | €729 | +€547 | +301% |
| Profit (loss) for the period before taxes | 9903 | -€1,040 | €965 | +€2,005 | |
| Profit (loss) for the period | 9904 | -€1,040 | €965 | +€2,005 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,040 | €965 | +€2,005 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.