ELO SRL: 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.
ELO SRL
Largest movements
- Receivables within one year -€25,506
down €25,506 (-87.4%), from €29,183 to €3,677
- Cash -€11,011
down €11,011 (-53.0%), from €20,759 to €9,748
mainly Trade debts (-€19,751) and Net result for the year (-€12,811)
- Deferred charges and accrued income +€1,036
up €1,036 (+75.4%), from €1,374 to €2,410
- Tangible fixed assets +€854
up €854 (+15.3%), from €5,591 to €6,445
- Trade debts -€19,751
down €19,751 (-58.2%), from €33,927 to €14,175
- Profit (loss) carried forward -€12,811
down €12,811, from €6,230 to -€6,581
- Accrued charges and deferred income -€2,466
no longer reported in 2025 (was €2,466)
- Other debts +€2,348
new in 2025: €2,348
- Tax, wage and social debts -€1,946
down €1,946 (-17.2%), from €11,284 to €9,339
of which Remuneration and social security: -€3,576
- Turnover -€267,570
no longer reported in 2025 (was €267,570)
- Purchases and services -€203,411
no longer reported in 2025 (was €203,411)
- Gross operating margin -€14,961
down €14,961 (-23.3%), from €64,159 to €49,198
- Staff costs +€6,873
up €6,873 (+15.0%), from €45,858 to €52,731
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 | €56,907 | €22,281 | -€34,626 | -60.8% |
| Fixed assets | 21/28 | €5,591 | €6,445 | +€854 | +15.3% |
| Tangible fixed assets | 22/27 | €5,591 | €6,445 | +€854 | +15.3% |
| Furniture and vehicles | 24 | €5,591 | €6,445 | +€854 | +15.3% |
| Current assets | 29/58 | €51,316 | €15,835 | -€35,480 | -69.1% |
| Amounts receivable within one year | 40/41 | €29,183 | €3,677 | -€25,506 | -87.4% |
| Trade receivables | 40 | €29,183 | €3,677 | -€25,506 | -87.4% |
| Cash at bank and in hand | 54/58 | €20,759 | €9,748 | -€11,011 | -53.0% |
| Deferred charges and accrued income | 490/1 | €1,374 | €2,410 | +€1,036 | +75.4% |
| Total equity and liabilities | 10/49 | €56,907 | €22,281 | -€34,626 | -60.8% |
| Equity | 10/15 | €9,230 | -€3,581 | -€12,811 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,230 | -€6,581 | -€12,811 | |
| Amounts payable | 17/49 | €47,677 | €25,861 | -€21,815 | -45.8% |
| Amounts payable within one year | 42/48 | €45,211 | €25,861 | -€19,349 | -42.8% |
| Trade debts | 44 | €33,927 | €14,175 | -€19,751 | -58.2% |
| Suppliers | 440/4 | €33,927 | €14,175 | -€19,751 | -58.2% |
| Taxes, remuneration and social security | 45 | €11,284 | €9,339 | -€1,946 | -17.2% |
| Taxes | 450/3 | €7,296 | €8,927 | +€1,630 | +22.3% |
| Remuneration and social security | 454/9 | €3,988 | €412 | -€3,576 | -89.7% |
| Other amounts payable | 47/48 | - | €2,348 | +€2,348 | |
| Accrued charges and deferred income | 492/3 | €2,466 | - | -€2,466 | |
| Turnover | 70 | €267,570 | - | -€267,570 | |
| Goods, raw materials, services and sundry goods | 60/61 | €203,411 | - | -€203,411 | |
| Remuneration, social security and pensions | 62 | €45,858 | €52,731 | +€6,873 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,351 | €1,892 | +€541 | +40.0% |
| Other operating charges | 640/8 | €7,440 | €7,792 | +€351 | +4.7% |
| Gross operating margin | 9900 | €64,159 | €49,198 | -€14,961 | -23.3% |
| Operating profit (loss) | 9901 | €9,509 | -€13,217 | -€22,726 | |
| Financial income | 75/76B | €62 | €1,519 | +€1,458 | +2,370% |
| Recurring financial income | 75 | €62 | €1,519 | +€1,458 | +2,370% |
| Financial charges | 65/66B | €1,719 | €1,113 | -€606 | -35.2% |
| Recurring financial charges | 65 | €1,719 | €1,113 | -€606 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €7,852 | -€12,811 | -€20,663 | |
| Income taxes | 67/77 | €1,579 | - | -€1,579 | |
| Profit (loss) for the period | 9904 | €6,273 | -€12,811 | -€19,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,273 | -€12,811 | -€19,084 |
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 23 October 2026 via checked.be.