E.L.X. Group: 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.X. Group
Largest movements
- Cash +€5,073
up €5,073 (+14.0%), from €36,232 to €41,305
mainly Net result for the year (+€6,318) and Trade debts (+€2,743)
- Tangible fixed assets +€950
new in 2025: €950
- Reserves +€6,318
up €6,318 (+21.2%), from €29,816 to €36,134
- Trade debts +€2,743
up €2,743 (+104%), from €2,648 to €5,391
- Advances received -€1,382
down €1,382 (-100%), from €1,382 to €0
- Short-term financial debts -€1,329
down €1,329 (-100%), from €1,329 to €0
- Tax, wage and social debts -€1,310
down €1,310 (-25.8%), from €5,071 to €3,761
- Gross operating margin -€13,563
down €13,563 (-56.6%), from €23,981 to €10,418
- Taxes -€2,787
down €2,787 (-44.0%), from €6,337 to €3,551
- Financial income +€1,920
up €1,920 (+239,981%), from €1 to €1,921
- Financial charges +€1,449
up €1,449 (+632%), from €229 to €1,678
- Write-downs -€1,432
down €1,432, from €1,010 to -€422
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 | €45,348 | €51,337 | +€5,989 | +13.2% |
| Fixed assets | 21/28 | €1,190 | €2,140 | +€950 | +79.9% |
| Tangible fixed assets | 22/27 | - | €950 | +€950 | |
| Plant, machinery and equipment | 23 | - | €950 | +€950 | |
| Financial fixed assets | 28 | €1,190 | €1,190 | = | 0.0% |
| Current assets | 29/58 | €44,158 | €49,197 | +€5,039 | +11.4% |
| Amounts receivable within one year | 40/41 | €7,925 | €7,716 | -€209 | -2.6% |
| Trade receivables | 40 | €7,401 | €4,968 | -€2,433 | -32.9% |
| Other amounts receivable | 41 | €524 | €2,748 | +€2,224 | +424% |
| Cash at bank and in hand | 54/58 | €36,232 | €41,305 | +€5,073 | +14.0% |
| Deferred charges and accrued income | 490/1 | - | €175 | +€175 | |
| Total equity and liabilities | 10/49 | €45,348 | €51,337 | +€5,989 | +13.2% |
| Equity | 10/15 | €31,703 | €38,021 | +€6,318 | +19.9% |
| Contributions | 10/11 | €1,887 | €1,887 | = | 0.0% |
| Reserves | 13 | €29,816 | €36,134 | +€6,318 | +21.2% |
| Distributable reserves | 133 | €29,816 | €36,134 | +€6,318 | +21.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,645 | €13,316 | -€329 | -2.4% |
| Amounts payable within one year | 42/48 | €13,645 | €13,316 | -€329 | -2.4% |
| Financial debts | 43 | €1,329 | €0 | -€1,329 | -100% |
| Credit institutions | 430/8 | €1,329 | €0 | -€1,329 | -100% |
| Trade debts | 44 | €2,648 | €5,391 | +€2,743 | +104% |
| Suppliers | 440/4 | €2,648 | €5,391 | +€2,743 | +104% |
| Advances received on contracts in progress | 46 | €1,382 | €0 | -€1,382 | -100% |
| Taxes, remuneration and social security | 45 | €5,071 | €3,761 | -€1,310 | -25.8% |
| Taxes | 450/3 | €5,071 | €3,761 | -€1,310 | -25.8% |
| Other amounts payable | 47/48 | €3,215 | €4,164 | +€949 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €305 | +€305 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,010 | -€422 | -€1,432 | |
| Other operating charges | 640/8 | €963 | €909 | -€55 | -5.7% |
| Gross operating margin | 9900 | €23,981 | €10,418 | -€13,563 | -56.6% |
| Operating profit (loss) | 9901 | €22,007 | €9,626 | -€12,381 | -56.3% |
| Financial income | 75/76B | €1 | €1,921 | +€1,920 | +239,981% |
| Recurring financial income | 75 | €1 | €1,921 | +€1,920 | +239,981% |
| Financial charges | 65/66B | €229 | €1,678 | +€1,449 | +632% |
| Recurring financial charges | 65 | €229 | €1,678 | +€1,449 | +632% |
| Profit (loss) for the period before taxes | 9903 | €21,779 | €9,869 | -€11,910 | -54.7% |
| Income taxes | 67/77 | €6,337 | €3,551 | -€2,787 | -44.0% |
| Profit (loss) for the period | 9904 | €15,441 | €6,318 | -€9,123 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,441 | €6,318 | -€9,123 | -59.1% |
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 28 October 2026 via checked.be.