ELOCON: 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.
ELOCON
Largest movements
- Receivables within one year +€8,813
new in 2025: €8,813
of which Trade receivables: +€7,174
- Tangible fixed assets -€1,415
down €1,415 (-43.1%), from €3,280 to €1,865
- Cash +€1,304
up €1,304 (+21.3%), from €6,136 to €7,440
mainly Other debts (+€13,960) and Net result for the year (+€8,608)
- Other debts +€13,960
up €13,960 (+822.3%), from €1,698 to €15,658
- Tax, wage and social debts -€13,605
down €13,605 (-85.0%), from €16,002 to €2,397
of which Remuneration and social security: -€13,500
- Profit (loss) carried forward +€8,608
up €8,608 (+83.0%), from -€10,377 to -€1,769
- Advances received -€534
down €534 (-100.0%), from €534 to €0
- Trade debts +€274
up €274 (+48.8%), from €560 to €834
- Gross operating margin +€19,632
up €19,632, from -€8,075 to €11,557
- Taxes +€458
new in 2025: €458
- Depreciation -€457
down €457 (-24.4%), from €1,872 to €1,415
- Staff costs +€250
new in 2025: €250
- Other operating charges +€194
up €194 (+50.2%), from €387 to €582
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 | €11,417 | €20,119 | +€8,702 | +76.2% |
| Fixed assets | 21/28 | €5,280 | €3,865 | -€1,415 | -26.8% |
| Tangible fixed assets | 22/27 | €3,280 | €1,865 | -€1,415 | -43.1% |
| Furniture and vehicles | 24 | €3,280 | €1,865 | -€1,415 | -43.1% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €6,136 | €16,254 | +€10,117 | +164.9% |
| Amounts receivable within one year | 40/41 | - | €8,813 | +€8,813 | |
| Trade receivables | 40 | - | €7,174 | +€7,174 | |
| Other amounts receivable | 41 | - | €1,639 | +€1,639 | |
| Cash at bank and in hand | 54/58 | €6,136 | €7,440 | +€1,304 | +21.3% |
| Total equity and liabilities | 10/49 | €11,417 | €20,119 | +€8,702 | +76.2% |
| Equity | 10/15 | -€7,377 | €1,231 | +€8,608 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,377 | -€1,769 | +€8,608 | +83.0% |
| Amounts payable | 17/49 | €18,794 | €18,888 | +€94 | +0.5% |
| Amounts payable within one year | 42/48 | €18,794 | €18,888 | +€94 | +0.5% |
| Trade debts | 44 | €560 | €834 | +€274 | +48.8% |
| Suppliers | 440/4 | €560 | €834 | +€274 | +48.8% |
| Advances received on contracts in progress | 46 | €534 | €0 | -€534 | -100.0% |
| Taxes, remuneration and social security | 45 | €16,002 | €2,397 | -€13,605 | -85.0% |
| Taxes | 450/3 | €2,502 | €2,397 | -€105 | -4.2% |
| Remuneration and social security | 454/9 | €13,500 | €0 | -€13,500 | -100.0% |
| Other amounts payable | 47/48 | €1,698 | €15,658 | +€13,960 | +822.3% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,872 | €1,415 | -€457 | -24.4% |
| Other operating charges | 640/8 | €387 | €582 | +€194 | +50.2% |
| Gross operating margin | 9900 | -€8,075 | €11,557 | +€19,632 | |
| Operating profit (loss) | 9901 | -€10,334 | €9,310 | +€19,644 | |
| Financial income | 75/76B | €56 | €3 | -€53 | -95.3% |
| Recurring financial income | 75 | €56 | €3 | -€53 | -95.3% |
| Financial charges | 65/66B | €99 | €247 | +€148 | +148.6% |
| Recurring financial charges | 65 | €99 | €247 | +€148 | +148.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,377 | €9,066 | +€19,443 | |
| Income taxes | 67/77 | - | €458 | +€458 | |
| Profit (loss) for the period | 9904 | -€10,377 | €8,608 | +€18,985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,377 | €8,608 | +€18,985 |
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 30 September 2026 via checked.be.