ELOKS: 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.
ELOKS
Largest movements
- Receivables within one year +€93,706
up €93,706 (+125.9%), from €74,427 to €168,133
of which Trade receivables: +€88,700
- Cash -€63,134
down €63,134 (-77.5%), from €81,436 to €18,302
- Tangible fixed assets +€49,989
up €49,989 (+1149.6%), from €4,349 to €54,338
of which Furniture and vehicles: +€52,080
- Profit (loss) carried forward -€99,223
down €99,223, from €84,772 to -€14,451
- Trade debts +€73,336
up €73,336 (+835.1%), from €8,782 to €82,118
- Debts after one year +€64,551
new in 2024: €64,551
- Advances received +€36,500
up €36,500 (+101.4%), from €36,000 to €72,500
- Tax, wage and social debts +€5,733
up €5,733 (+119.4%), from €4,800 to €10,533
of which Remuneration and social security: +€6,000
- Gross operating margin -€37,058
down €37,058 (-94.1%), from €39,384 to €2,326
- Purchases and services +€26,767
up €26,767 (+13.4%), from €199,182 to €225,948
- Turnover -€18,654
down €18,654 (-8.2%), from €226,450 to €207,796
- Depreciation +€14,699
up €14,699 (+443.5%), from €3,314 to €18,013
- Other operating charges +€10,529
up €10,529 (+719.0%), from €1,464 to €11,994
From the 2022 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal 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 | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,211 | €240,772 | +€80,561 | +50.3% |
| Fixed assets | 21/28 | €4,349 | €54,338 | +€49,989 | +1149.6% |
| Tangible fixed assets | 22/27 | €4,349 | €54,338 | +€49,989 | +1149.6% |
| Plant, machinery and equipment | 23 | €2,236 | €144 | -€2,091 | -93.5% |
| Furniture and vehicles | 24 | €2,113 | €54,193 | +€52,080 | +2464.9% |
| Current assets | 29/58 | €155,863 | €186,434 | +€30,572 | +19.6% |
| Amounts receivable within one year | 40/41 | €74,427 | €168,133 | +€93,706 | +125.9% |
| Trade receivables | 40 | €62,116 | €150,816 | +€88,700 | +142.8% |
| Other amounts receivable | 41 | €12,312 | €17,317 | +€5,006 | +40.7% |
| Cash at bank and in hand | 54/58 | €81,436 | €18,302 | -€63,134 | -77.5% |
| Total equity and liabilities | 10/49 | €160,211 | €240,772 | +€80,561 | +50.3% |
| Equity | 10/15 | €105,232 | €6,009 | -€99,223 | -94.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,772 | -€14,451 | -€99,223 | |
| Amounts payable | 17/49 | €54,980 | €234,763 | +€179,784 | +327.0% |
| Amounts payable after more than one year | 17 | - | €64,551 | +€64,551 | |
| Financial debts | 170/4 | - | €64,551 | +€64,551 | |
| Amounts payable within one year | 42/48 | €54,980 | €170,213 | +€115,233 | +209.6% |
| Trade debts | 44 | €8,782 | €82,118 | +€73,336 | +835.1% |
| Suppliers | 440/4 | €8,782 | €82,118 | +€73,336 | +835.1% |
| Advances received on contracts in progress | 46 | €36,000 | €72,500 | +€36,500 | +101.4% |
| Taxes, remuneration and social security | 45 | €4,800 | €10,533 | +€5,733 | +119.4% |
| Taxes | 450/3 | €2,400 | €2,133 | -€267 | -11.1% |
| Remuneration and social security | 454/9 | €2,400 | €8,400 | +€6,000 | +250.0% |
| Other amounts payable | 47/48 | €5,398 | €5,062 | -€336 | -6.2% |
| Turnover | 70 | €226,450 | €207,796 | -€18,654 | -8.2% |
| Non-recurring operating income | 76A | €3,104 | €501 | -€2,603 | -83.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €199,182 | €225,948 | +€26,767 | +13.4% |
| Remuneration, social security and pensions | 62 | €826 | €232 | -€594 | -71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,314 | €18,013 | +€14,699 | +443.5% |
| Other operating charges | 640/8 | €1,464 | €11,994 | +€10,529 | +719.0% |
| Gross operating margin | 9900 | €39,384 | €2,326 | -€37,058 | -94.1% |
| Operating profit (loss) | 9901 | €33,780 | -€27,913 | -€61,693 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €417 | €7,630 | +€7,214 | +1730.9% |
| Recurring financial charges | 65 | €417 | €7,630 | +€7,214 | +1730.9% |
| Profit (loss) for the period before taxes | 9903 | €33,363 | -€35,544 | -€68,906 | |
| Income taxes | 67/77 | - | €6,860 | +€6,860 | |
| Profit (loss) for the period | 9904 | €33,363 | -€42,404 | -€75,766 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,363 | -€42,404 | -€75,766 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.