E.L.E.A. Design: 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.
E.L.E.A. Design
Largest movements
- Cash +€91,399
up €91,399 (+722%), from €12,654 to €104,053
mainly Net result for the year (+€95,259) and Trade debts (+€44,444)
- Receivables within one year +€73,352
up €73,352 (+58.8%), from €124,700 to €198,053
of which Trade receivables: +€48,457
- Reserves +€95,259
up €95,259 (+201%), from €47,413 to €142,672
of which Distributable reserves: +€95,259
- Trade debts +€44,444
up €44,444 (+115%), from €38,778 to €83,222
- Short-term financial debts +€26,212
up €26,212 (+32,161%), from €82 to €26,293
- Tax, wage and social debts -€3,599
down €3,599 (-17.4%), from €20,742 to €17,143
- Gross operating margin +€113,002
up €113,002 (+416%), from €27,144 to €140,146
- Taxes +€36,546
up €36,546 (+380%), from €9,624 to €46,170
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 | €142,090 | €304,405 | +€162,316 | +114% |
| Fixed assets | 21/28 | €3,176 | €2,128 | -€1,048 | -33.0% |
| Tangible fixed assets | 22/27 | €3,076 | €2,028 | -€1,048 | -34.1% |
| Plant, machinery and equipment | 23 | €165 | €87 | -€78 | -47.3% |
| Furniture and vehicles | 24 | €2,911 | €1,941 | -€970 | -33.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €138,914 | €302,277 | +€163,364 | +118% |
| Amounts receivable within one year | 40/41 | €124,700 | €198,053 | +€73,352 | +58.8% |
| Trade receivables | 40 | €58,139 | €106,596 | +€48,457 | +83.3% |
| Other amounts receivable | 41 | €66,561 | €91,457 | +€24,895 | +37.4% |
| Cash at bank and in hand | 54/58 | €12,654 | €104,053 | +€91,399 | +722% |
| Deferred charges and accrued income | 490/1 | €1,559 | €171 | -€1,388 | -89.0% |
| Total equity and liabilities | 10/49 | €142,090 | €304,405 | +€162,316 | +114% |
| Equity | 10/15 | €82,488 | €177,747 | +€95,259 | +115% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,413 | €142,672 | +€95,259 | +201% |
| 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 | €45,553 | €140,812 | +€95,259 | +209% |
| Profit (loss) carried forward | 14 | €16,475 | €16,475 | = | 0.0% |
| Amounts payable | 17/49 | €59,602 | €126,658 | +€67,057 | +113% |
| Amounts payable within one year | 42/48 | €59,602 | €126,658 | +€67,057 | +113% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €82 | €26,293 | +€26,212 | +32,161% |
| Credit institutions | 430/8 | €82 | €26,293 | +€26,212 | +32,161% |
| Trade debts | 44 | €38,778 | €83,222 | +€44,444 | +115% |
| Suppliers | 440/4 | €38,778 | €83,222 | +€44,444 | +115% |
| Taxes, remuneration and social security | 45 | €20,742 | €17,143 | -€3,599 | -17.4% |
| Taxes | 450/3 | €20,742 | €17,143 | -€3,599 | -17.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,774 | €1,048 | -€726 | -40.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €281 | +€281 | |
| Other operating charges | 640/8 | €897 | €1,025 | +€128 | +14.3% |
| Gross operating margin | 9900 | €27,144 | €140,146 | +€113,002 | +416% |
| Operating profit (loss) | 9901 | €24,474 | €137,792 | +€113,318 | +463% |
| Financial income | 75/76B | €3,464 | €4,416 | +€952 | +27.5% |
| Recurring financial income | 75 | €3,464 | €4,416 | +€952 | +27.5% |
| Financial charges | 65/66B | €1,409 | €780 | -€629 | -44.6% |
| Recurring financial charges | 65 | €1,409 | €780 | -€629 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €26,529 | €141,428 | +€114,899 | +433% |
| Income taxes | 67/77 | €9,624 | €46,170 | +€36,546 | +380% |
| Profit (loss) for the period | 9904 | €16,906 | €95,259 | +€78,353 | +463% |
| Profit (loss) for the period to be appropriated | 9905 | €16,906 | €95,259 | +€78,353 | +463% |
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 13 October 2026 via checked.be.