EL & KA: 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.
EL & KA
Largest movements
- Cash -€3,770
down €3,770 (-31.1%), from €12,123 to €8,352
mainly Investment in fixed assets (net) (-€2,200) and Net result for the year (-€1,508)
- Tangible fixed assets +€1,959
up €1,959 (+117%), from €1,680 to €3,639
of which Furniture and vehicles: +€2,199
- Profit (loss) carried forward -€1,508
down €1,508 (-5.4%), from €27,873 to €26,365
- Trade debts -€1,445
down €1,445 (-3.3%), from €44,063 to €42,618
- Tax, wage and social debts +€1,094
new in 2025: €1,094
- Purchases and services +€24,686
up €24,686 (+5.7%), from €432,004 to €456,690
- Turnover +€12,624
up €12,624 (+2.8%), from €449,342 to €461,966
- Gross operating margin -€12,062
down €12,062 (-69.6%), from €17,338 to €5,276
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 | €90,536 | €88,677 | -€1,859 | -2.1% |
| Fixed assets | 21/28 | €1,680 | €3,639 | +€1,959 | +117% |
| Tangible fixed assets | 22/27 | €1,680 | €3,639 | +€1,959 | +117% |
| Plant, machinery and equipment | 23 | €1,680 | €1,440 | -€240 | -14.3% |
| Furniture and vehicles | 24 | - | €2,199 | +€2,199 | |
| Current assets | 29/58 | €88,856 | €85,038 | -€3,817 | -4.3% |
| Stocks and contracts in progress | 3 | €76,686 | €76,686 | = | 0.0% |
| Stocks | 30/36 | €76,686 | €76,686 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47 | - | -€47 | |
| Other amounts receivable | 41 | €47 | - | -€47 | |
| Cash at bank and in hand | 54/58 | €12,123 | €8,352 | -€3,770 | -31.1% |
| Total equity and liabilities | 10/49 | €90,536 | €88,677 | -€1,859 | -2.1% |
| Equity | 10/15 | €46,473 | €44,965 | -€1,508 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,873 | €26,365 | -€1,508 | -5.4% |
| Amounts payable | 17/49 | €44,063 | €43,712 | -€351 | -0.8% |
| Amounts payable within one year | 42/48 | €44,063 | €43,712 | -€351 | -0.8% |
| Trade debts | 44 | €44,063 | €42,618 | -€1,445 | -3.3% |
| Suppliers | 440/4 | €44,063 | €42,618 | -€1,445 | -3.3% |
| Taxes, remuneration and social security | 45 | - | €1,094 | +€1,094 | |
| Taxes | 450/3 | - | €1,094 | +€1,094 | |
| Turnover | 70 | €449,342 | €461,966 | +€12,624 | +2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €432,004 | €456,690 | +€24,686 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,299 | €241 | -€4,057 | -94.4% |
| Other operating charges | 640/8 | €3,102 | €3,591 | +€489 | +15.8% |
| Gross operating margin | 9900 | €17,338 | €5,276 | -€12,062 | -69.6% |
| Operating profit (loss) | 9901 | €9,938 | €1,444 | -€8,494 | -85.5% |
| Financial charges | 65/66B | - | €57 | +€57 | |
| Recurring financial charges | 65 | - | €57 | +€57 | |
| Profit (loss) for the period before taxes | 9903 | €9,938 | €1,387 | -€8,551 | -86.0% |
| Income taxes | 67/77 | €5,266 | €2,895 | -€2,371 | -45.0% |
| Profit (loss) for the period | 9904 | €4,672 | -€1,508 | -€6,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,672 | -€1,508 | -€6,180 |
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 31 October 2026 via checked.be.