ELOX: 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.
ELOX
Largest movements
- Cash -€58,568
down €58,568 (-13.2%), from €444,175 to €385,607
mainly Other debts (-€105,707) and Trade debts (-€964)
- Tangible fixed assets -€10,235
down €10,235 (-14.6%), from €70,089 to €59,854
of which Land and buildings: -€9,690
- Receivables within one year -€9,810
down €9,810 (-60.3%), from €16,256 to €6,446
of which Trade receivables: -€10,648
- Other debts -€105,707
down €105,707 (-37.0%), from €285,822 to €180,115
- Reserves +€14,800
up €14,800 (+240.7%), from €6,150 to €20,950
of which Distributable reserves: +€14,800
- Accrued charges and deferred income +€11,805
up €11,805 (+531.2%), from €2,222 to €14,028
- Financial charges +€12,361
up €12,361 (+2518.0%), from €491 to €12,852
- Gross operating margin +€11,900
up €11,900 (+32.4%), from €36,771 to €48,671
- Taxes +€4,826
up €4,826 (+501.3%), from €963 to €5,789
- Depreciation -€1,359
down €1,359 (-11.7%), from €11,594 to €10,235
- Financial income -€1,203
down €1,203 (-46.8%), from €2,572 to €1,369
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 | €536,324 | €455,871 | -€80,453 | -15.0% |
| Fixed assets | 21/28 | €70,096 | €59,861 | -€10,235 | -14.6% |
| Tangible fixed assets | 22/27 | €70,089 | €59,854 | -€10,235 | -14.6% |
| Land and buildings | 22 | €69,409 | €59,719 | -€9,690 | -14.0% |
| Furniture and vehicles | 24 | €681 | €136 | -€545 | -80.1% |
| Financial fixed assets | 28 | €6 | €6 | = | 0.0% |
| Current assets | 29/58 | €466,228 | €396,010 | -€70,218 | -15.1% |
| Amounts receivable within one year | 40/41 | €16,256 | €6,446 | -€9,810 | -60.3% |
| Trade receivables | 40 | €15,972 | €5,324 | -€10,648 | -66.7% |
| Other amounts receivable | 41 | €284 | €1,122 | +€838 | +295.1% |
| Cash at bank and in hand | 54/58 | €444,175 | €385,607 | -€58,568 | -13.2% |
| Deferred charges and accrued income | 490/1 | €5,797 | €3,957 | -€1,840 | -31.7% |
| Total equity and liabilities | 10/49 | €536,324 | €455,871 | -€80,453 | -15.0% |
| Equity | 10/15 | €71,410 | €86,302 | +€14,891 | +20.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €20,950 | +€14,800 | +240.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | - | €14,800 | +€14,800 | |
| Profit (loss) carried forward | 14 | €3,760 | €3,852 | +€91 | +2.4% |
| Amounts payable | 17/49 | €464,913 | €369,569 | -€95,344 | -20.5% |
| Amounts payable within one year | 42/48 | €462,691 | €355,541 | -€107,150 | -23.2% |
| Financial debts | 43 | €170,000 | €170,000 | = | 0.0% |
| Other loans | 439 | €170,000 | €170,000 | = | 0.0% |
| Trade debts | 44 | €1,845 | €881 | -€964 | -52.2% |
| Suppliers | 440/4 | €1,845 | €881 | -€964 | -52.2% |
| Taxes, remuneration and social security | 45 | €5,024 | €4,545 | -€479 | -9.5% |
| Taxes | 450/3 | €5,024 | €4,545 | -€479 | -9.5% |
| Other amounts payable | 47/48 | €285,822 | €180,115 | -€105,707 | -37.0% |
| Accrued charges and deferred income | 492/3 | €2,222 | €14,028 | +€11,805 | +531.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,594 | €10,235 | -€1,359 | -11.7% |
| Other operating charges | 640/8 | €6,746 | €6,273 | -€473 | -7.0% |
| Gross operating margin | 9900 | €36,771 | €48,671 | +€11,900 | +32.4% |
| Operating profit (loss) | 9901 | €18,431 | €32,163 | +€13,732 | +74.5% |
| Financial income | 75/76B | €2,572 | €1,369 | -€1,203 | -46.8% |
| Recurring financial income | 75 | €2,572 | €1,369 | -€1,203 | -46.8% |
| Financial charges | 65/66B | €491 | €12,852 | +€12,361 | +2518.0% |
| Recurring financial charges | 65 | €491 | €12,852 | +€12,361 | +2518.0% |
| Profit (loss) for the period before taxes | 9903 | €20,512 | €20,680 | +€168 | +0.8% |
| Income taxes | 67/77 | €963 | €5,789 | +€4,826 | +501.3% |
| Profit (loss) for the period | 9904 | €19,550 | €14,891 | -€4,658 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,550 | €14,891 | -€4,658 | -23.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.