Elrola: 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.
Elrola
Largest movements
- Current investments +€60,000
up €60,000 (+120.0%), from €50,000 to €110,000
- Tangible fixed assets +€3,739
new in 2025: €3,739
- Reserves +€59,792
up €59,792 (+52.2%), from €114,574 to €174,365
- Tax, wage and social debts +€6,489
up €6,489 (+17.2%), from €37,621 to €44,111
- Gross operating margin -€38,144
down €38,144 (-33.0%), from €115,669 to €77,525
- Taxes -€7,862
down €7,862 (-31.7%), from €24,825 to €16,963
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 | €163,464 | €229,025 | +€65,562 | +40.1% |
| Fixed assets | 21/28 | - | €3,739 | +€3,739 | |
| Tangible fixed assets | 22/27 | - | €3,739 | +€3,739 | |
| Other tangible fixed assets | 26 | - | €3,739 | +€3,739 | |
| Current assets | 29/58 | €163,464 | €225,287 | +€61,823 | +37.8% |
| Amounts receivable within one year | 40/41 | €6,306 | €6,716 | +€410 | +6.5% |
| Trade receivables | 40 | €6,306 | €6,716 | +€410 | +6.5% |
| Current investments | 50/53 | €50,000 | €110,000 | +€60,000 | +120.0% |
| Cash at bank and in hand | 54/58 | €104,074 | €106,031 | +€1,957 | +1.9% |
| Deferred charges and accrued income | 490/1 | €3,084 | €2,540 | -€544 | -17.6% |
| Total equity and liabilities | 10/49 | €163,464 | €229,025 | +€65,562 | +40.1% |
| Equity | 10/15 | €124,574 | €184,365 | +€59,792 | +48.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €114,574 | €174,365 | +€59,792 | +52.2% |
| Distributable reserves | 133 | €114,574 | €174,365 | +€59,792 | +52.2% |
| Amounts payable | 17/49 | €38,890 | €44,660 | +€5,770 | +14.8% |
| Amounts payable within one year | 42/48 | €38,890 | €44,660 | +€5,770 | +14.8% |
| Trade debts | 44 | €723 | €282 | -€441 | -61.0% |
| Suppliers | 440/4 | €723 | €282 | -€441 | -61.0% |
| Taxes, remuneration and social security | 45 | €37,621 | €44,111 | +€6,489 | +17.2% |
| Taxes | 450/3 | €37,621 | €44,111 | +€6,489 | +17.2% |
| Other amounts payable | 47/48 | €546 | €268 | -€279 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11 | +€11 | |
| Other operating charges | 640/8 | €1,176 | €433 | -€742 | -63.1% |
| Gross operating margin | 9900 | €115,669 | €77,525 | -€38,144 | -33.0% |
| Operating profit (loss) | 9901 | €114,493 | €77,081 | -€37,413 | -32.7% |
| Financial income | 75/76B | €1,251 | €1,288 | +€38 | +3.0% |
| Recurring financial income | 75 | €1,251 | €1,288 | +€38 | +3.0% |
| Financial charges | 65/66B | €2,099 | €1,614 | -€485 | -23.1% |
| Recurring financial charges | 65 | €2,099 | €1,614 | -€485 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €113,645 | €76,755 | -€36,890 | -32.5% |
| Income taxes | 67/77 | €24,825 | €16,963 | -€7,862 | -31.7% |
| Profit (loss) for the period | 9904 | €88,820 | €59,792 | -€29,029 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,820 | €59,792 | -€29,029 | -32.7% |
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 30 September 2026 via checked.be.