ELOB VERVOER: 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.
ELOB VERVOER
Largest movements
- Receivables within one year -€75,001
down €75,001 (-45.6%), from €164,511 to €89,510
of which Trade receivables: -€74,011
- Cash -€7,550
down €7,550 (-39.9%), from €18,909 to €11,360
mainly Trade debts (-€88,006) and Investment in fixed assets (net) (-€8,500)
- Tangible fixed assets -€5,167
down €5,167 (-29.8%), from €17,333 to €12,167
- Trade debts -€88,006
down €88,006 (-69.3%), from €126,902 to €38,895
- Profit (loss) carried forward +€4,092
up €4,092 (+10.2%), from €40,177 to €44,270
- Tax, wage and social debts -€3,963
down €3,963 (-26.8%), from €14,800 to €10,837
of which Remuneration and social security: -€2,975
- Gross operating margin -€40,759
down €40,759 (-41.0%), from €99,299 to €58,540
- Staff costs -€24,056
down €24,056 (-41.7%), from €57,712 to €33,657
- Depreciation -€5,273
down €5,273 (-27.8%), from €18,940 to €13,667
- Other operating charges -€3,951
down €3,951 (-50.4%), from €7,841 to €3,890
- Taxes -€3,488
down €3,488 (-54.3%), from €6,427 to €2,938
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,913 | €113,036 | -€87,877 | -43.7% |
| Fixed assets | 21/28 | €17,333 | €12,167 | -€5,167 | -29.8% |
| Tangible fixed assets | 22/27 | €17,333 | €12,167 | -€5,167 | -29.8% |
| Furniture and vehicles | 24 | €17,333 | €12,167 | -€5,167 | -29.8% |
| Current assets | 29/58 | €183,580 | €100,869 | -€82,711 | -45.1% |
| Amounts receivable within one year | 40/41 | €164,511 | €89,510 | -€75,001 | -45.6% |
| Trade receivables | 40 | €117,419 | €43,408 | -€74,011 | -63.0% |
| Other amounts receivable | 41 | €47,092 | €46,102 | -€990 | -2.1% |
| Cash at bank and in hand | 54/58 | €18,909 | €11,360 | -€7,550 | -39.9% |
| Deferred charges and accrued income | 490/1 | €160 | - | -€160 | |
| Total equity and liabilities | 10/49 | €200,913 | €113,036 | -€87,877 | -43.7% |
| Equity | 10/15 | €59,212 | €63,304 | +€4,092 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €434 | €434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €434 | €434 | = | 0.0% |
| Reserves not available under the articles | 1311 | €434 | €434 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,177 | €44,270 | +€4,092 | +10.2% |
| Amounts payable | 17/49 | €141,701 | €49,732 | -€91,969 | -64.9% |
| Amounts payable within one year | 42/48 | €141,701 | €49,732 | -€91,969 | -64.9% |
| Trade debts | 44 | €126,902 | €38,895 | -€88,006 | -69.3% |
| Suppliers | 440/4 | €126,902 | €38,895 | -€88,006 | -69.3% |
| Taxes, remuneration and social security | 45 | €14,800 | €10,837 | -€3,963 | -26.8% |
| Taxes | 450/3 | €3,927 | €2,938 | -€988 | -25.2% |
| Remuneration and social security | 454/9 | €10,873 | €7,898 | -€2,975 | -27.4% |
| Remuneration, social security and pensions | 62 | €57,712 | €33,657 | -€24,056 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,940 | €13,667 | -€5,273 | -27.8% |
| Other operating charges | 640/8 | €7,841 | €3,890 | -€3,951 | -50.4% |
| Gross operating margin | 9900 | €99,299 | €58,540 | -€40,759 | -41.0% |
| Operating profit (loss) | 9901 | €14,806 | €7,327 | -€7,479 | -50.5% |
| Financial income | 75/76B | €35 | - | -€35 | |
| Recurring financial income | 75 | €35 | - | -€35 | |
| Financial charges | 65/66B | €132 | €297 | +€165 | +125% |
| Recurring financial charges | 65 | €132 | €297 | +€165 | +125% |
| Profit (loss) for the period before taxes | 9903 | €14,709 | €7,030 | -€7,679 | -52.2% |
| Income taxes | 67/77 | €6,427 | €2,938 | -€3,488 | -54.3% |
| Profit (loss) for the period | 9904 | €8,283 | €4,092 | -€4,190 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,283 | €4,092 | -€4,190 | -50.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.