OUDE ELFERINK: 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.
OUDE ELFERINK
Largest movements
- Receivables within one year +€43,239
up €43,239 (+20.1%), from €214,698 to €257,937
of which Other amounts receivable: +€45,483
- Tangible fixed assets -€36,683
down €36,683 (-4.2%), from €865,075 to €828,392
of which Land and buildings: -€49,701
- Debts after one year -€38,981
down €38,981 (-10.2%), from €383,992 to €345,011
- Reserves +€25,654
up €25,654 (+10.2%), from €251,602 to €277,256
of which Distributable reserves: +€25,654
- Tax, wage and social debts +€15,591
up €15,591 (+2,468%), from €632 to €16,223
- Gross operating margin -€22,912
down €22,912 (-17.0%), from €134,914 to €112,002
- Taxes -€4,715
down €4,715 (-23.6%), from €19,987 to €15,272
- Depreciation +€2,317
up €2,317 (+4.5%), from €51,889 to €54,206
- Financial income +€2,114
up €2,114 (+23.0%), from €9,199 to €11,313
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 | €1,081,322 | €1,088,065 | +€6,744 | +0.6% |
| Fixed assets | 21/28 | €865,075 | €828,392 | -€36,683 | -4.2% |
| Tangible fixed assets | 22/27 | €865,075 | €828,392 | -€36,683 | -4.2% |
| Land and buildings | 22 | €842,722 | €793,021 | -€49,701 | -5.9% |
| Furniture and vehicles | 24 | €22,353 | €35,371 | +€13,018 | +58.2% |
| Current assets | 29/58 | €216,247 | €259,673 | +€43,427 | +20.1% |
| Amounts receivable within one year | 40/41 | €214,698 | €257,937 | +€43,239 | +20.1% |
| Trade receivables | 40 | €27,916 | €25,673 | -€2,244 | -8.0% |
| Other amounts receivable | 41 | €186,782 | €232,265 | +€45,483 | +24.4% |
| Cash at bank and in hand | 54/58 | - | €879 | +€879 | |
| Deferred charges and accrued income | 490/1 | €1,548 | €857 | -€691 | -44.6% |
| Total equity and liabilities | 10/49 | €1,081,322 | €1,088,065 | +€6,744 | +0.6% |
| Equity | 10/15 | €376,505 | €402,160 | +€25,654 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €251,602 | €277,256 | +€25,654 | +10.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €249,742 | €275,396 | +€25,654 | +10.3% |
| Profit (loss) carried forward | 14 | €106,303 | €106,303 | = | 0.0% |
| Amounts payable | 17/49 | €704,816 | €685,906 | -€18,911 | -2.7% |
| Amounts payable after more than one year | 17 | €383,992 | €345,011 | -€38,981 | -10.2% |
| Financial debts | 170/4 | €383,992 | €345,011 | -€38,981 | -10.2% |
| Amounts payable within one year | 42/48 | €320,825 | €340,895 | +€20,070 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €37,297 | €38,981 | +€1,684 | +4.5% |
| Financial debts | 43 | €4,425 | - | -€4,425 | |
| Credit institutions | 430/8 | €4,425 | - | -€4,425 | |
| Trade debts | 44 | €2,998 | €4,709 | +€1,710 | +57.0% |
| Suppliers | 440/4 | €2,998 | €4,709 | +€1,710 | +57.0% |
| Taxes, remuneration and social security | 45 | €632 | €16,223 | +€15,591 | +2,468% |
| Taxes | 450/3 | €632 | €16,223 | +€15,591 | +2,468% |
| Other amounts payable | 47/48 | €275,473 | €280,982 | +€5,509 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,889 | €54,206 | +€2,317 | +4.5% |
| Other operating charges | 640/8 | €4,264 | €4,410 | +€146 | +3.4% |
| Gross operating margin | 9900 | €134,914 | €112,002 | -€22,912 | -17.0% |
| Operating profit (loss) | 9901 | €78,760 | €53,386 | -€25,374 | -32.2% |
| Financial income | 75/76B | €9,199 | €11,313 | +€2,114 | +23.0% |
| Recurring financial income | 75 | €9,199 | €11,313 | +€2,114 | +23.0% |
| Financial charges | 65/66B | €24,773 | €23,773 | -€1,000 | -4.0% |
| Recurring financial charges | 65 | €24,773 | €23,773 | -€1,000 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €63,187 | €40,927 | -€22,261 | -35.2% |
| Income taxes | 67/77 | €19,987 | €15,272 | -€4,715 | -23.6% |
| Profit (loss) for the period | 9904 | €43,200 | €25,654 | -€17,546 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,200 | €25,654 | -€17,546 | -40.6% |
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 26 October 2026 via checked.be.