ELOUAJRI: 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.
ELOUAJRI
Largest movements
- Receivables within one year -€24,165
down €24,165 (-74.4%), from €32,468 to €8,304
of which Trade receivables: -€31,970
- Cash -€11,360
down €11,360 (-65.6%), from €17,326 to €5,966
- Tangible fixed assets -€6,864
down €6,864 (-30.0%), from €22,899 to €16,035
- Trade debts -€35,492
no longer reported in 2025 (was €35,492)
- Other debts -€4,317
down €4,317 (-20.4%), from €21,129 to €16,812
- Tax, wage and social debts -€3,000
no longer reported in 2025 (was €3,000)
- Depreciation -€5,228
down €5,228 (-63.5%), from €8,228 to €3,000
- Gross operating margin -€2,948
down €2,948 (-47.4%), from €6,216 to €3,268
- Other operating charges -€2,730
down €2,730 (-96.3%), from €2,835 to €105
- Financial charges -€202
no longer reported in 2025 (was €202)
From the 2023 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
A cash bridge needs two consecutive financial 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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,951 | €30,304 | -€42,647 | -58.5% |
| Fixed assets | 21/28 | €22,899 | €16,035 | -€6,864 | -30.0% |
| Tangible fixed assets | 22/27 | €22,899 | €16,035 | -€6,864 | -30.0% |
| Furniture and vehicles | 24 | €22,899 | €16,035 | -€6,864 | -30.0% |
| Current assets | 29/58 | €50,052 | €14,269 | -€35,783 | -71.5% |
| Amounts receivable within one year | 40/41 | €32,468 | €8,304 | -€24,165 | -74.4% |
| Trade receivables | 40 | €31,970 | - | -€31,970 | |
| Other amounts receivable | 41 | €498 | €8,304 | +€7,805 | +1,566% |
| Cash at bank and in hand | 54/58 | €17,326 | €5,966 | -€11,360 | -65.6% |
| Deferred charges and accrued income | 490/1 | €258 | - | -€258 | |
| Total equity and liabilities | 10/49 | €72,951 | €30,304 | -€42,647 | -58.5% |
| Equity | 10/15 | €13,329 | €13,492 | +€163 | +1.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €180 | €180 | = | 0.0% |
| Non-distributable reserves | 130/1 | €180 | €180 | = | 0.0% |
| Legal reserve | 130 | €180 | - | -€180 | |
| Reserves not available under the articles | 1311 | - | €180 | +€180 | |
| Profit (loss) carried forward | 14 | €749 | €912 | +€163 | +21.7% |
| Amounts payable | 17/49 | €59,621 | €16,812 | -€42,809 | -71.8% |
| Amounts payable within one year | 42/48 | €59,621 | €16,812 | -€42,809 | -71.8% |
| Trade debts | 44 | €35,492 | - | -€35,492 | |
| Suppliers | 440/4 | €35,492 | - | -€35,492 | |
| Taxes, remuneration and social security | 45 | €3,000 | - | -€3,000 | |
| Taxes | 450/3 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €21,129 | €16,812 | -€4,317 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,228 | €3,000 | -€5,228 | -63.5% |
| Other operating charges | 640/8 | €2,835 | €105 | -€2,730 | -96.3% |
| Gross operating margin | 9900 | €6,216 | €3,268 | -€2,948 | -47.4% |
| Operating profit (loss) | 9901 | -€4,847 | €163 | +€5,009 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €202 | - | -€202 | |
| Recurring financial charges | 65 | €202 | - | -€202 | |
| Profit (loss) for the period before taxes | 9903 | -€5,047 | €163 | +€5,210 | |
| Profit (loss) for the period | 9904 | -€5,047 | €163 | +€5,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,047 | €163 | +€5,210 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.