ELTRALIGHT: 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.
ELTRALIGHT
Largest movements
- Receivables within one year -€66,967
down €66,967 (-15.0%), from €447,008 to €380,041
- Tangible fixed assets -€52,330
down €52,330 (-18.2%), from €287,830 to €235,500
of which Leasing and similar rights: -€31,529
- Cash +€39,167
up €39,167 (+66.8%), from €58,594 to €97,761
mainly Receivables within one year (+€66,967) and Depreciation (+€60,080)
- Stocks and contracts +€29,138
up €29,138 (+2.4%), from €1.2m to €1.2m
- Reserves +€56,888
up €56,888 (+11.1%), from €513,265 to €570,153
- Debts after one year -€51,587
down €51,587 (-39.7%), from €129,786 to €78,199
- Tax, wage and social debts -€42,208
down €42,208 (-39.9%), from €105,799 to €63,591
of which Taxes: -€26,416
- Other debts -€22,500
down €22,500 (-24.2%), from €92,854 to €70,354
- Gross operating margin -€178,870
down €178,870 (-30.5%), from €585,849 to €406,979
- Taxes -€55,374
down €55,374 (-65.5%), from €84,589 to €29,215
- Financial charges -€14,574
down €14,574 (-32.6%), from €44,667 to €30,093
- Depreciation +€8,951
up €8,951 (+17.5%), from €51,129 to €60,080
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 | €2,009,348 | €1,958,355 | -€50,993 | -2.5% |
| Fixed assets | 21/28 | €292,830 | €240,500 | -€52,330 | -17.9% |
| Tangible fixed assets | 22/27 | €287,830 | €235,500 | -€52,330 | -18.2% |
| Land and buildings | 22 | €145,306 | €136,472 | -€8,834 | -6.1% |
| Plant, machinery and equipment | 23 | €13,085 | €8,908 | -€4,178 | -31.9% |
| Furniture and vehicles | 24 | €26,962 | €19,172 | -€7,790 | -28.9% |
| Leasing and similar rights | 25 | €102,477 | €70,949 | -€31,529 | -30.8% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,716,518 | €1,717,855 | +€1,337 | +0.1% |
| Stocks and contracts in progress | 3 | €1,206,115 | €1,235,253 | +€29,138 | +2.4% |
| Stocks | 30/36 | €1,206,115 | €1,235,253 | +€29,138 | +2.4% |
| Amounts receivable within one year | 40/41 | €447,008 | €380,041 | -€66,967 | -15.0% |
| Trade receivables | 40 | €447,008 | €380,041 | -€66,967 | -15.0% |
| Cash at bank and in hand | 54/58 | €58,594 | €97,761 | +€39,167 | +66.8% |
| Deferred charges and accrued income | 490/1 | €4,800 | €4,800 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,009,348 | €1,958,355 | -€50,993 | -2.5% |
| Equity | 10/15 | €758,035 | €814,923 | +€56,888 | +7.5% |
| Contributions | 10/11 | €121,000 | €121,000 | = | 0.0% |
| Reserves | 13 | €513,265 | €570,153 | +€56,888 | +11.1% |
| Distributable reserves | 133 | €513,265 | €570,153 | +€56,888 | +11.1% |
| Profit (loss) carried forward | 14 | €123,770 | €123,770 | = | 0.0% |
| Amounts payable | 17/49 | €1,251,313 | €1,143,431 | -€107,882 | -8.6% |
| Amounts payable after more than one year | 17 | €129,786 | €78,199 | -€51,587 | -39.7% |
| Financial debts | 170/4 | €129,786 | €78,199 | -€51,587 | -39.7% |
| Amounts payable within one year | 42/48 | €1,121,527 | €1,065,233 | -€56,295 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €55,867 | €49,564 | -€6,303 | -11.3% |
| Financial debts | 43 | €470,000 | €470,000 | = | 0.0% |
| Credit institutions | 430/8 | €470,000 | €470,000 | = | 0.0% |
| Trade debts | 44 | €397,007 | €411,723 | +€14,716 | +3.7% |
| Suppliers | 440/4 | €397,007 | €411,723 | +€14,716 | +3.7% |
| Taxes, remuneration and social security | 45 | €105,799 | €63,591 | -€42,208 | -39.9% |
| Taxes | 450/3 | €67,062 | €40,646 | -€26,416 | -39.4% |
| Remuneration and social security | 454/9 | €38,737 | €22,945 | -€15,792 | -40.8% |
| Other amounts payable | 47/48 | €92,854 | €70,354 | -€22,500 | -24.2% |
| Non-recurring operating income | 76A | €16,500 | - | -€16,500 | |
| Remuneration, social security and pensions | 62 | €208,119 | €209,574 | +€1,455 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,129 | €60,080 | +€8,951 | +17.5% |
| Other operating charges | 640/8 | €24,306 | €21,653 | -€2,652 | -10.9% |
| Gross operating margin | 9900 | €585,849 | €406,979 | -€178,870 | -30.5% |
| Operating profit (loss) | 9901 | €302,295 | €115,671 | -€186,624 | -61.7% |
| Financial income | 75/76B | €696 | €526 | -€171 | -24.5% |
| Recurring financial income | 75 | €696 | €526 | -€171 | -24.5% |
| Financial charges | 65/66B | €44,667 | €30,093 | -€14,574 | -32.6% |
| Recurring financial charges | 65 | €44,667 | €30,093 | -€14,574 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €258,324 | €86,104 | -€172,221 | -66.7% |
| Income taxes | 67/77 | €84,589 | €29,215 | -€55,374 | -65.5% |
| Profit (loss) for the period | 9904 | €173,735 | €56,888 | -€116,847 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €173,735 | €56,888 | -€116,847 | -67.3% |
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 18 October 2026 via checked.be.