Eslex: 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.
Eslex
Largest movements
- Current investments +€70,000
up €70,000 (+100.0%), from €70,000 to €140,000
- Receivables within one year +€10,265
up €10,265 (+43.4%), from €23,635 to €33,900
of which Trade receivables: +€10,500
- Cash -€4,405
down €4,405 (-14.7%), from €29,869 to €25,463
mainly Current investments (-€70,000) and Receivables within one year (-€10,265)
- Profit (loss) carried forward +€69,900
up €69,900 (+138.6%), from €50,420 to €120,320
- Tax, wage and social debts +€6,569
up €6,569 (+57.0%), from €11,522 to €18,091
- Gross operating margin +€26,231
up €26,231 (+40.9%), from €64,068 to €90,299
- Taxes +€3,021
up €3,021 (+18.3%), from €16,509 to €19,530
- Financial income +€1,052
up €1,052 (+157.2%), from €669 to €1,721
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 | €129,132 | €204,654 | +€75,522 | +58.5% |
| Fixed assets | 21/28 | €2,579 | €1,543 | -€1,036 | -40.2% |
| Tangible fixed assets | 22/27 | €2,579 | €1,543 | -€1,036 | -40.2% |
| Plant, machinery and equipment | 23 | €1,179 | €886 | -€293 | -24.8% |
| Furniture and vehicles | 24 | €1,401 | €657 | -€743 | -53.1% |
| Current assets | 29/58 | €126,553 | €203,111 | +€76,558 | +60.5% |
| Amounts receivable within one year | 40/41 | €23,635 | €33,900 | +€10,265 | +43.4% |
| Trade receivables | 40 | €23,400 | €33,900 | +€10,500 | +44.9% |
| Other amounts receivable | 41 | €235 | - | -€235 | |
| Current investments | 50/53 | €70,000 | €140,000 | +€70,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €29,869 | €25,463 | -€4,405 | -14.7% |
| Deferred charges and accrued income | 490/1 | €3,049 | €3,747 | +€698 | +22.9% |
| Total equity and liabilities | 10/49 | €129,132 | €204,654 | +€75,522 | +58.5% |
| Equity | 10/15 | €112,920 | €182,820 | +€69,900 | +61.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,420 | €120,320 | +€69,900 | +138.6% |
| Amounts payable | 17/49 | €16,212 | €21,834 | +€5,622 | +34.7% |
| Amounts payable within one year | 42/48 | €16,212 | €21,834 | +€5,622 | +34.7% |
| Financial debts | 43 | €276 | €76 | -€200 | -72.5% |
| Credit institutions | 430/8 | €276 | €76 | -€200 | -72.5% |
| Trade debts | 44 | €420 | €155 | -€266 | -63.2% |
| Suppliers | 440/4 | €420 | €155 | -€266 | -63.2% |
| Taxes, remuneration and social security | 45 | €11,522 | €18,091 | +€6,569 | +57.0% |
| Taxes | 450/3 | €11,522 | €18,091 | +€6,569 | +57.0% |
| Other amounts payable | 47/48 | €3,994 | €3,512 | -€482 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,167 | €1,036 | -€131 | -11.2% |
| Other operating charges | 640/8 | €792 | €1,356 | +€564 | +71.3% |
| Gross operating margin | 9900 | €64,068 | €90,299 | +€26,231 | +40.9% |
| Operating profit (loss) | 9901 | €62,110 | €87,908 | +€25,798 | +41.5% |
| Financial income | 75/76B | €669 | €1,721 | +€1,052 | +157.2% |
| Recurring financial income | 75 | €669 | €1,721 | +€1,052 | +157.2% |
| Financial charges | 65/66B | €268 | €198 | -€70 | -26.2% |
| Recurring financial charges | 65 | €268 | €198 | -€70 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €62,511 | €89,430 | +€26,919 | +43.1% |
| Income taxes | 67/77 | €16,509 | €19,530 | +€3,021 | +18.3% |
| Profit (loss) for the period | 9904 | €46,002 | €69,900 | +€23,898 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,002 | €69,900 | +€23,898 | +52.0% |
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 10 October 2026 via checked.be.