ELOMIL: 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.
ELOMIL
Largest movements
- Receivables within one year -€44,497
down €44,497 (-54.1%), from €82,209 to €37,712
of which Other amounts receivable: -€63,414
- Cash +€39,474
up €39,474 (+111.0%), from €35,564 to €75,038
mainly Net result for the year (+€65,833) and Receivables within one year (+€44,497)
- Tangible fixed assets -€21,941
down €21,941 (-21.0%), from €104,417 to €82,476
- Deferred charges and accrued income -€15,819
down €15,819 (-84.7%), from €18,683 to €2,864
- Reserves -€57,662
down €57,662 (-12.4%), from €465,122 to €407,460
- Other debts +€24,391
new in 2025: €24,391
- Current portion of long-term debt -€9,638
no longer reported in 2025 (was €9,638)
- Gross operating margin +€18,999
up €18,999 (+22.9%), from €82,919 to €101,918
- Taxes +€6,957
up €6,957 (+35.8%), from €19,407 to €26,364
- Depreciation -€5,000
down €5,000 (-17.2%), from €29,100 to €24,100
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 | €490,872 | €448,089 | -€42,783 | -8.7% |
| Fixed assets | 21/28 | €104,417 | €82,476 | -€21,941 | -21.0% |
| Tangible fixed assets | 22/27 | €104,417 | €82,476 | -€21,941 | -21.0% |
| Land and buildings | 22 | €70,823 | €62,999 | -€7,824 | -11.0% |
| Plant, machinery and equipment | 23 | €1,170 | €468 | -€702 | -60.0% |
| Furniture and vehicles | 24 | €11,738 | €1,112 | -€10,625 | -90.5% |
| Other tangible fixed assets | 26 | €20,686 | €17,897 | -€2,789 | -13.5% |
| Current assets | 29/58 | €386,456 | €365,613 | -€20,842 | -5.4% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,209 | €37,712 | -€44,497 | -54.1% |
| Trade receivables | 40 | €17,884 | €36,801 | +€18,917 | +105.8% |
| Other amounts receivable | 41 | €64,325 | €911 | -€63,414 | -98.6% |
| Cash at bank and in hand | 54/58 | €35,564 | €75,038 | +€39,474 | +111.0% |
| Deferred charges and accrued income | 490/1 | €18,683 | €2,864 | -€15,819 | -84.7% |
| Total equity and liabilities | 10/49 | €490,872 | €448,089 | -€42,783 | -8.7% |
| Equity | 10/15 | €465,122 | €407,460 | -€57,662 | -12.4% |
| Reserves | 13 | €465,122 | €407,460 | -€57,662 | -12.4% |
| Distributable reserves | 133 | €465,122 | €407,460 | -€57,662 | -12.4% |
| Amounts payable | 17/49 | €25,750 | €40,629 | +€14,879 | +57.8% |
| Amounts payable within one year | 42/48 | €24,750 | €40,629 | +€15,879 | +64.2% |
| Current portion of amounts payable after more than one year | 42 | €9,638 | - | -€9,638 | |
| Trade debts | 44 | €4,315 | €2,609 | -€1,706 | -39.5% |
| Suppliers | 440/4 | €4,315 | €2,609 | -€1,706 | -39.5% |
| Taxes, remuneration and social security | 45 | €10,797 | €13,630 | +€2,833 | +26.2% |
| Taxes | 450/3 | €10,797 | €11,754 | +€957 | +8.9% |
| Remuneration and social security | 454/9 | - | €1,875 | +€1,875 | |
| Other amounts payable | 47/48 | - | €24,391 | +€24,391 | |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €982 | €161 | -€821 | -83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,100 | €24,100 | -€5,000 | -17.2% |
| Other operating charges | 640/8 | €1,311 | €1,205 | -€106 | -8.1% |
| Gross operating margin | 9900 | €82,919 | €101,918 | +€18,999 | +22.9% |
| Operating profit (loss) | 9901 | €51,527 | €76,453 | +€24,926 | +48.4% |
| Financial income | 75/76B | €16,135 | €15,932 | -€203 | -1.3% |
| Recurring financial income | 75 | €16,135 | €15,932 | -€203 | -1.3% |
| Financial charges | 65/66B | €296 | €188 | -€109 | -36.7% |
| Recurring financial charges | 65 | €296 | €188 | -€109 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €67,366 | €92,197 | +€24,831 | +36.9% |
| Income taxes | 67/77 | €19,407 | €26,364 | +€6,957 | +35.8% |
| Profit (loss) for the period | 9904 | €47,958 | €65,833 | +€17,875 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,958 | €65,833 | +€17,875 | +37.3% |
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 7 October 2026 via checked.be.