ELONI: 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.
ELONI
Largest movements
- Stocks and contracts +€41,220
up €41,220 (+75.5%), from €54,630 to €95,850
- Receivables within one year -€14,995
down €14,995 (-79.1%), from €18,949 to €3,954
of which Other amounts receivable: -€8,179
- Cash -€5,801
down €5,801 (-9.7%), from €60,045 to €54,244
mainly Stocks and contracts (-€41,220) and Current investments (-€6)
- Other debts +€7,863
up €7,863 (+692%), from €1,137 to €9,000
- Profit (loss) carried forward +€5,676
up €5,676 (+11.8%), from €48,135 to €53,811
- Trade debts +€4,063
up €4,063 (+73.7%), from €5,510 to €9,573
- Tax, wage and social debts +€2,828
up €2,828 (+10.9%), from €25,984 to €28,812
of which Remuneration and social security: +€5,758
- Gross operating margin +€13,238
up €13,238 (+11.3%), from €117,540 to €130,778
- Staff costs +€10,661
up €10,661 (+10.7%), from €99,911 to €110,572
- Financial charges +€2,692
up €2,692 (+156%), from €1,726 to €4,418
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.
Derived cash bridge
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 | €135,766 | €156,196 | +€20,430 | +15.0% |
| Current assets | 29/58 | €135,766 | €156,196 | +€20,430 | +15.0% |
| Stocks and contracts in progress | 3 | €54,630 | €95,850 | +€41,220 | +75.5% |
| Stocks | 30/36 | €54,630 | €95,850 | +€41,220 | +75.5% |
| Amounts receivable within one year | 40/41 | €18,949 | €3,954 | -€14,995 | -79.1% |
| Trade receivables | 40 | €6,816 | - | -€6,816 | |
| Other amounts receivable | 41 | €12,133 | €3,954 | -€8,179 | -67.4% |
| Current investments | 50/53 | €2,142 | €2,148 | +€6 | +0.3% |
| Cash at bank and in hand | 54/58 | €60,045 | €54,244 | -€5,801 | -9.7% |
| Total equity and liabilities | 10/49 | €135,766 | €156,196 | +€20,430 | +15.0% |
| Equity | 10/15 | €103,135 | €108,811 | +€5,676 | +5.5% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,135 | €53,811 | +€5,676 | +11.8% |
| Amounts payable | 17/49 | €32,631 | €47,385 | +€14,754 | +45.2% |
| Amounts payable within one year | 42/48 | €32,631 | €47,385 | +€14,754 | +45.2% |
| Trade debts | 44 | €5,510 | €9,573 | +€4,063 | +73.7% |
| Suppliers | 440/4 | €5,510 | €9,573 | +€4,063 | +73.7% |
| Taxes, remuneration and social security | 45 | €25,984 | €28,812 | +€2,828 | +10.9% |
| Taxes | 450/3 | €15,073 | €12,143 | -€2,930 | -19.4% |
| Remuneration and social security | 454/9 | €10,911 | €16,669 | +€5,758 | +52.8% |
| Other amounts payable | 47/48 | €1,137 | €9,000 | +€7,863 | +692% |
| Remuneration, social security and pensions | 62 | €99,911 | €110,572 | +€10,661 | +10.7% |
| Other operating charges | 640/8 | €7,495 | €7,551 | +€56 | +0.7% |
| Gross operating margin | 9900 | €117,540 | €130,778 | +€13,238 | +11.3% |
| Operating profit (loss) | 9901 | €10,134 | €12,655 | +€2,521 | +24.9% |
| Financial income | 75/76B | €13 | €6 | -€7 | -53.8% |
| Recurring financial income | 75 | €13 | €6 | -€7 | -53.8% |
| Financial charges | 65/66B | €1,726 | €4,418 | +€2,692 | +156% |
| Recurring financial charges | 65 | €1,726 | €4,418 | +€2,692 | +156% |
| Profit (loss) for the period before taxes | 9903 | €8,421 | €8,243 | -€178 | -2.1% |
| Income taxes | 67/77 | €2,261 | €2,568 | +€307 | +13.6% |
| Profit (loss) for the period | 9904 | €6,160 | €5,675 | -€485 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,160 | €5,675 | -€485 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.