ELWEIC: 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.
ELWEIC
Largest movements
- Cash -€569,336
down €569,336 (-76.9%), from €740,819 to €171,484
mainly Debts after one year (-€799,325) and Investment in fixed assets (net) (-€520,947)
- Financial fixed assets +€481,600
up €481,600 (+11.1%), from €4.3m to €4.8m
- Debts after one year -€799,325
down €799,325 (-36.7%), from €2.2m to €1.4m
- Other debts +€491,825
up €491,825 (+19.9%), from €2.5m to €3.0m
- Reserves +€258,159
up €258,159 (+20.7%), from €1.2m to €1.5m
- Current portion of long-term debt -€73,698
down €73,698 (-51.3%), from €143,655 to €69,957
- Financial income +€54,140
up €54,140 (+13.4%), from €404,450 to €458,590
of which Financial income: +€56,280
- Gross operating margin -€46,029
down €46,029, from €41,486 to -€4,543
- Financial charges +€8,193
up €8,193 (+9.6%), from €85,514 to €93,708
- Depreciation +€5,364
up €5,364 (+6.1%), from €87,972 to €93,336
- Other operating charges +€518
up €518 (+6.2%), from €8,326 to €8,844
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 | €7,004,365 | €6,881,645 | -€122,720 | -1.8% |
| Fixed assets | 21/28 | €6,124,427 | €6,552,037 | +€427,610 | +7.0% |
| Tangible fixed assets | 22/27 | €1,798,721 | €1,744,731 | -€53,990 | -3.0% |
| Land and buildings | 22 | €1,797,171 | €1,741,746 | -€55,425 | -3.1% |
| Plant, machinery and equipment | 23 | €1,550 | €1,450 | -€100 | -6.4% |
| Furniture and vehicles | 24 | - | €1,535 | +€1,535 | |
| Financial fixed assets | 28 | €4,325,706 | €4,807,306 | +€481,600 | +11.1% |
| Current assets | 29/58 | €879,938 | €329,608 | -€550,330 | -62.5% |
| Amounts receivable within one year | 40/41 | €135,593 | €154,977 | +€19,384 | +14.3% |
| Other amounts receivable | 41 | €135,593 | €154,977 | +€19,384 | +14.3% |
| Cash at bank and in hand | 54/58 | €740,819 | €171,484 | -€569,336 | -76.9% |
| Deferred charges and accrued income | 490/1 | €3,526 | €3,147 | -€378 | -10.7% |
| Total equity and liabilities | 10/49 | €7,004,365 | €6,881,645 | -€122,720 | -1.8% |
| Equity | 10/15 | €2,198,198 | €2,456,357 | +€258,159 | +11.7% |
| Contributions | 10/11 | €950,351 | €950,351 | = | 0.0% |
| Reserves | 13 | €1,247,847 | €1,506,006 | +€258,159 | +20.7% |
| Distributable reserves | 133 | €1,247,847 | €1,506,006 | +€258,159 | +20.7% |
| Amounts payable | 17/49 | €4,806,167 | €4,425,288 | -€380,879 | -7.9% |
| Amounts payable after more than one year | 17 | €2,179,255 | €1,379,931 | -€799,325 | -36.7% |
| Financial debts | 170/4 | €2,179,255 | €1,379,931 | -€799,325 | -36.7% |
| Amounts payable within one year | 42/48 | €2,626,911 | €3,045,357 | +€418,446 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €143,655 | €69,957 | -€73,698 | -51.3% |
| Trade debts | 44 | €5,612 | €5,931 | +€319 | +5.7% |
| Suppliers | 440/4 | €5,612 | €5,931 | +€319 | +5.7% |
| Other amounts payable | 47/48 | €2,477,645 | €2,969,470 | +€491,825 | +19.9% |
| Non-recurring operating income | 76A | €38,457 | - | -€38,457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,972 | €93,336 | +€5,364 | +6.1% |
| Other operating charges | 640/8 | €8,326 | €8,844 | +€518 | +6.2% |
| Gross operating margin | 9900 | €41,486 | -€4,543 | -€46,029 | |
| Operating profit (loss) | 9901 | -€54,812 | -€106,724 | -€51,912 | -94.7% |
| Financial income | 75/76B | €404,450 | €458,590 | +€54,140 | +13.4% |
| Recurring financial income | 75 | €402,310 | €458,590 | +€56,280 | +14.0% |
| Non-recurring financial income | 76B | €2,140 | - | -€2,140 | |
| Financial charges | 65/66B | €85,514 | €93,708 | +€8,193 | +9.6% |
| Recurring financial charges | 65 | €85,514 | €93,708 | +€8,193 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €264,124 | €258,159 | -€5,965 | -2.3% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €264,124 | €258,159 | -€5,965 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €264,124 | €258,159 | -€5,965 | -2.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.