ELRO CONSULT: 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.
ELRO CONSULT
Largest movements
- Cash +€45,009
up €45,009 (+44.9%), from €100,222 to €145,231
mainly Net result for the year (+€57,264) and Other debts (+€1,431)
- Receivables within one year +€6,800
up €6,800 (+50.6%), from €13,431 to €20,231
- Reserves +€57,264
up €57,264 (+77.5%), from €73,918 to €131,182
- Tax, wage and social debts -€5,642
down €5,642 (-15.4%), from €36,734 to €31,092
- Gross operating margin -€20,857
down €20,857 (-20.1%), from €103,628 to €82,771
- Taxes -€6,328
down €6,328 (-21.9%), from €28,889 to €22,560
- Financial charges +€1,994
up €1,994 (+398.3%), from €501 to €2,495
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 | €116,491 | €167,869 | +€51,378 | +44.1% |
| Fixed assets | 21/28 | €1,918 | €1,467 | -€451 | -23.5% |
| Tangible fixed assets | 22/27 | €1,918 | €1,467 | -€451 | -23.5% |
| Furniture and vehicles | 24 | €1,918 | €1,467 | -€451 | -23.5% |
| Current assets | 29/58 | €114,573 | €166,402 | +€51,829 | +45.2% |
| Amounts receivable within one year | 40/41 | €13,431 | €20,231 | +€6,800 | +50.6% |
| Trade receivables | 40 | €13,431 | €20,231 | +€6,800 | +50.6% |
| Cash at bank and in hand | 54/58 | €100,222 | €145,231 | +€45,009 | +44.9% |
| Deferred charges and accrued income | 490/1 | €920 | €940 | +€20 | +2.2% |
| Total equity and liabilities | 10/49 | €116,491 | €167,869 | +€51,378 | +44.1% |
| Equity | 10/15 | €76,418 | €133,682 | +€57,264 | +74.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €73,918 | €131,182 | +€57,264 | +77.5% |
| Distributable reserves | 133 | €73,918 | €131,182 | +€57,264 | +77.5% |
| Amounts payable | 17/49 | €40,073 | €34,187 | -€5,887 | -14.7% |
| Amounts payable within one year | 42/48 | €40,073 | €34,187 | -€5,887 | -14.7% |
| Trade debts | 44 | €2,835 | €1,159 | -€1,676 | -59.1% |
| Suppliers | 440/4 | €2,835 | €1,159 | -€1,676 | -59.1% |
| Taxes, remuneration and social security | 45 | €36,734 | €31,092 | -€5,642 | -15.4% |
| Taxes | 450/3 | €36,734 | €31,092 | -€5,642 | -15.4% |
| Other amounts payable | 47/48 | €505 | €1,936 | +€1,431 | +283.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | €451 | +€114 | +33.8% |
| Gross operating margin | 9900 | €103,628 | €82,771 | -€20,857 | -20.1% |
| Operating profit (loss) | 9901 | €103,291 | €82,320 | -€20,971 | -20.3% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €501 | €2,495 | +€1,994 | +398.3% |
| Recurring financial charges | 65 | €501 | €2,495 | +€1,994 | +398.3% |
| Profit (loss) for the period before taxes | 9903 | €102,806 | €79,825 | -€22,981 | -22.4% |
| Income taxes | 67/77 | €28,889 | €22,560 | -€6,328 | -21.9% |
| Profit (loss) for the period | 9904 | €73,918 | €57,264 | -€16,653 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,918 | €57,264 | -€16,653 | -22.5% |
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 5 October 2026 via checked.be.