ELTRO: 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.
ELTRO
Largest movements
- Receivables within one year +€9,315
up €9,315 (+103.5%), from €9,002 to €18,317
of which Other amounts receivable: +€15,743
- Financial fixed assets -€1,163
no longer reported in 2025 (was €1,163)
- Cash -€740
down €740 (-62.1%), from €1,192 to €452
mainly Receivables within one year (-€9,315) and Tax, wage and social debts (-€4,837)
- Deferred charges and accrued income -€264
down €264 (-7.4%), from €3,578 to €3,315
- Profit (loss) carried forward +€13,637
up €13,637 (+18.8%), from -€72,346 to -€58,710
- Tax, wage and social debts -€4,837
down €4,837 (-96.5%), from €5,011 to €174
- Other debts -€4,228
no longer reported in 2025 (was €4,228)
- Trade debts +€2,576
up €2,576 (+35.7%), from €7,219 to €9,796
- Gross operating margin +€22,483
up €22,483, from -€1,558 to €20,926
- Other operating charges +€5,935
up €5,935 (+426.5%), from €1,391 to €7,326
- Financial charges -€821
down €821 (-71.9%), from €1,141 to €320
- Financial income +€350
up €350 (+4465.2%), from €8 to €358
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 | €16,521 | €23,669 | +€7,148 | +43.3% |
| Fixed assets | 21/28 | €1,163 | - | -€1,163 | |
| Financial fixed assets | 28 | €1,163 | - | -€1,163 | |
| Current assets | 29/58 | €15,359 | €23,669 | +€8,310 | +54.1% |
| Stocks and contracts in progress | 3 | €1,586 | €1,586 | = | 0.0% |
| Stocks | 30/36 | €1,586 | €1,586 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,002 | €18,317 | +€9,315 | +103.5% |
| Trade receivables | 40 | €8,337 | €1,909 | -€6,428 | -77.1% |
| Other amounts receivable | 41 | €665 | €16,407 | +€15,743 | +2367.9% |
| Cash at bank and in hand | 54/58 | €1,192 | €452 | -€740 | -62.1% |
| Deferred charges and accrued income | 490/1 | €3,578 | €3,315 | -€264 | -7.4% |
| Total equity and liabilities | 10/49 | €16,521 | €23,669 | +€7,148 | +43.3% |
| Equity | 10/15 | -€39,336 | -€25,700 | +€13,637 | +34.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,346 | -€58,710 | +€13,637 | +18.8% |
| Amounts payable | 17/49 | €55,858 | €49,369 | -€6,489 | -11.6% |
| Amounts payable after more than one year | 17 | €39,400 | €39,400 | = | 0.0% |
| Financial debts | 170/4 | €39,400 | €39,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,458 | €9,969 | -€6,489 | -39.4% |
| Trade debts | 44 | €7,219 | €9,796 | +€2,576 | +35.7% |
| Suppliers | 440/4 | €7,219 | €9,796 | +€2,576 | +35.7% |
| Taxes, remuneration and social security | 45 | €5,011 | €174 | -€4,837 | -96.5% |
| Taxes | 450/3 | €5,011 | €174 | -€4,837 | -96.5% |
| Other amounts payable | 47/48 | €4,228 | - | -€4,228 | |
| Other operating charges | 640/8 | €1,391 | €7,326 | +€5,935 | +426.5% |
| Gross operating margin | 9900 | -€1,558 | €20,926 | +€22,483 | |
| Operating profit (loss) | 9901 | -€2,949 | €13,599 | +€16,548 | |
| Financial income | 75/76B | €8 | €358 | +€350 | +4465.2% |
| Recurring financial income | 75 | €8 | €358 | +€350 | +4465.2% |
| Financial charges | 65/66B | €1,141 | €320 | -€821 | -71.9% |
| Recurring financial charges | 65 | €1,141 | €320 | -€821 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,082 | €13,637 | +€17,719 | |
| Profit (loss) for the period | 9904 | -€4,082 | €13,637 | +€17,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,082 | €13,637 | +€17,719 |
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 5 October 2026 via checked.be.