A-ELA TECH: 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.
A-ELA TECH
Largest movements
- Receivables within one year +€19,677
up €19,677 (+23.1%), from €85,125 to €104,802
of which Trade receivables: +€20,142
- Tangible fixed assets +€5,730
new in 2025: €5,730
- Cash +€2,307
up €2,307 (+53,766%), from €4 to €2,311
mainly Trade debts (+€30,827) and Debts after one year (+€12,000)
- Trade debts +€30,827
up €30,827 (+67.3%), from €45,801 to €76,628
- Other debts -€24,000
no longer reported in 2025 (was €24,000)
- Debts after one year +€12,000
new in 2025: €12,000
- Profit (loss) carried forward +€6,244
up €6,244 (+73.6%), from €8,487 to €14,731
- Tax, wage and social debts +€2,183
up €2,183 (+66.1%), from €3,302 to €5,484
of which Taxes: +€2,357
- Gross operating margin -€8,424
down €8,424 (-40.3%), from €20,897 to €12,473
- Staff costs -€2,144
no longer reported in 2025 (was €2,144)
- Taxes -€1,409
down €1,409 (-31.0%), from €4,551 to €3,142
- Depreciation +€1,270
new in 2025: €1,270
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 | €85,590 | €112,844 | +€27,254 | +31.8% |
| Fixed assets | 21/28 | - | €5,730 | +€5,730 | |
| Tangible fixed assets | 22/27 | - | €5,730 | +€5,730 | |
| Furniture and vehicles | 24 | - | €5,730 | +€5,730 | |
| Current assets | 29/58 | €85,590 | €107,113 | +€21,523 | +25.1% |
| Amounts receivable within one year | 40/41 | €85,125 | €104,802 | +€19,677 | +23.1% |
| Trade receivables | 40 | €58,325 | €78,467 | +€20,142 | +34.5% |
| Other amounts receivable | 41 | €26,800 | €26,335 | -€465 | -1.7% |
| Cash at bank and in hand | 54/58 | €4 | €2,311 | +€2,307 | +53,766% |
| Deferred charges and accrued income | 490/1 | €461 | - | -€461 | |
| Total equity and liabilities | 10/49 | €85,590 | €112,844 | +€27,254 | +31.8% |
| Equity | 10/15 | €12,487 | €18,731 | +€6,244 | +50.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,487 | €14,731 | +€6,244 | +73.6% |
| Amounts payable | 17/49 | €73,103 | €94,113 | +€21,010 | +28.7% |
| Amounts payable after more than one year | 17 | - | €12,000 | +€12,000 | |
| Other amounts payable | 178/9 | - | €12,000 | +€12,000 | |
| Amounts payable within one year | 42/48 | €73,103 | €82,113 | +€9,010 | +12.3% |
| Trade debts | 44 | €45,801 | €76,628 | +€30,827 | +67.3% |
| Suppliers | 440/4 | €45,801 | €76,628 | +€30,827 | +67.3% |
| Taxes, remuneration and social security | 45 | €3,302 | €5,484 | +€2,183 | +66.1% |
| Taxes | 450/3 | €3,127 | €5,484 | +€2,357 | +75.4% |
| Remuneration and social security | 454/9 | €175 | - | -€175 | |
| Other amounts payable | 47/48 | €24,000 | - | -€24,000 | |
| Remuneration, social security and pensions | 62 | €2,144 | - | -€2,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,270 | +€1,270 | |
| Other operating charges | 640/8 | €1,713 | €1,825 | +€112 | +6.5% |
| Gross operating margin | 9900 | €20,897 | €12,473 | -€8,424 | -40.3% |
| Operating profit (loss) | 9901 | €17,040 | €9,378 | -€7,661 | -45.0% |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €185 | €50 | -€135 | -73.2% |
| Recurring financial charges | 65 | €185 | €50 | -€135 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €16,855 | €9,386 | -€7,468 | -44.3% |
| Income taxes | 67/77 | €4,551 | €3,142 | -€1,409 | -31.0% |
| Profit (loss) for the period | 9904 | €12,304 | €6,244 | -€6,060 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,304 | €6,244 | -€6,060 | -49.3% |
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 30 October 2026 via checked.be.