ST. ELOY: 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.
ST. ELOY
Largest movements
- Stocks and contracts -€41,374
down €41,374 (-16.1%), from €256,709 to €215,335
- Tangible fixed assets -€10,590
down €10,590 (-26.1%), from €40,525 to €29,935
of which Leasing and similar rights: -€14,987
- Receivables within one year +€5,584
up €5,584 (+36.5%), from €15,291 to €20,875
of which Trade receivables: +€6,729
- Deferred charges and accrued income -€5,292
down €5,292 (-79.2%), from €6,679 to €1,387
- Cash +€4,937
up €4,937 (+235%), from €2,101 to €7,039
mainly Stocks and contracts (+€41,374) and Depreciation (+€15,427)
- Profit (loss) carried forward -€39,063
down €39,063 (-164%), from -€23,753 to -€62,815
- Trade debts -€10,411
down €10,411 (-60.6%), from €17,173 to €6,762
- Other debts +€10,000
up €10,000 (+13.9%), from €72,000 to €82,000
- Debts after one year -€4,255
down €4,255 (-55.7%), from €7,644 to €3,388
- Current portion of long-term debt -€3,950
down €3,950 (-48.1%), from €8,205 to €4,255
- Gross operating margin -€20,587
down €20,587, from €6,255 to -€14,332
- Financial charges -€835
down €835 (-11.1%), from €7,550 to €6,715
- Other operating charges -€405
down €405 (-15.0%), from €2,693 to €2,289
- Depreciation +€244
up €244 (+1.6%), from €15,184 to €15,427
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 | €321,305 | €274,572 | -€46,734 | -14.5% |
| Fixed assets | 21/28 | €40,525 | €29,935 | -€10,590 | -26.1% |
| Tangible fixed assets | 22/27 | €40,525 | €29,935 | -€10,590 | -26.1% |
| Plant, machinery and equipment | 23 | €2,413 | €560 | -€1,852 | -76.8% |
| Furniture and vehicles | 24 | €3,141 | €10,044 | +€6,903 | +220% |
| Leasing and similar rights | 25 | €30,014 | €15,027 | -€14,987 | -49.9% |
| Other tangible fixed assets | 26 | €4,958 | €4,304 | -€653 | -13.2% |
| Current assets | 29/58 | €280,780 | €244,636 | -€36,144 | -12.9% |
| Stocks and contracts in progress | 3 | €256,709 | €215,335 | -€41,374 | -16.1% |
| Stocks | 30/36 | €256,709 | €215,335 | -€41,374 | -16.1% |
| Amounts receivable within one year | 40/41 | €15,291 | €20,875 | +€5,584 | +36.5% |
| Trade receivables | 40 | €14,146 | €20,875 | +€6,729 | +47.6% |
| Other amounts receivable | 41 | €1,145 | - | -€1,145 | |
| Cash at bank and in hand | 54/58 | €2,101 | €7,039 | +€4,937 | +235% |
| Deferred charges and accrued income | 490/1 | €6,679 | €1,387 | -€5,292 | -79.2% |
| Total equity and liabilities | 10/49 | €321,305 | €274,572 | -€46,734 | -14.5% |
| Equity | 10/15 | €151,273 | €112,210 | -€39,063 | -25.8% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €25 | €25 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25 | €25 | = | 0.0% |
| Legal reserve | 130 | €25 | €25 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,753 | -€62,815 | -€39,063 | -164% |
| Amounts payable | 17/49 | €170,032 | €162,361 | -€7,671 | -4.5% |
| Amounts payable after more than one year | 17 | €7,644 | €3,388 | -€4,255 | -55.7% |
| Financial debts | 170/4 | €7,644 | €3,388 | -€4,255 | -55.7% |
| Amounts payable within one year | 42/48 | €159,255 | €156,029 | -€3,226 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €8,205 | €4,255 | -€3,950 | -48.1% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €17,173 | €6,762 | -€10,411 | -60.6% |
| Suppliers | 440/4 | €17,173 | €6,762 | -€10,411 | -60.6% |
| Taxes, remuneration and social security | 45 | €1,877 | €3,012 | +€1,135 | +60.4% |
| Taxes | 450/3 | €1,877 | €3,012 | +€1,135 | +60.4% |
| Other amounts payable | 47/48 | €72,000 | €82,000 | +€10,000 | +13.9% |
| Accrued charges and deferred income | 492/3 | €3,133 | €2,944 | -€189 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,184 | €15,427 | +€244 | +1.6% |
| Other operating charges | 640/8 | €2,693 | €2,289 | -€405 | -15.0% |
| Gross operating margin | 9900 | €6,255 | -€14,332 | -€20,587 | |
| Operating profit (loss) | 9901 | -€11,622 | -€32,048 | -€20,426 | -176% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €7,550 | €6,715 | -€835 | -11.1% |
| Recurring financial charges | 65 | €7,550 | €6,715 | -€835 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,171 | -€38,763 | -€19,591 | -102% |
| Income taxes | 67/77 | €286 | €300 | +€15 | +5.1% |
| Profit (loss) for the period | 9904 | -€19,457 | -€39,063 | -€19,606 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,457 | -€39,063 | -€19,606 | -101% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.