Ela.i: 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.
Ela.i
Largest movements
- Cash +€9,441
up €9,441 (+27.6%), from €34,177 to €43,618
mainly Tax, wage and social debts (+€6,437) and Other debts (+€6,432)
- Tangible fixed assets -€1,817
down €1,817 (-82.2%), from €2,211 to €394
- Deferred charges and accrued income +€829
up €829 (+114%), from €727 to €1,556
- Receivables within one year -€701
down €701 (-12.1%), from €5,790 to €5,089
of which Trade receivables: -€2,713
- Tax, wage and social debts +€6,437
up €6,437 (+3,339%), from €193 to €6,630
of which Taxes: +€5,237
- Other debts +€6,432
up €6,432 (+143%), from €4,482 to €10,914
- Profit (loss) carried forward -€3,607
down €3,607 (-10.5%), from €34,357 to €30,749
- Trade debts -€1,797
down €1,797 (-62.5%), from €2,873 to €1,076
- Gross operating margin +€11,513
up €11,513, from -€5,853 to €5,661
- Depreciation -€1,049
down €1,049 (-31.8%), from €3,300 to €2,251
- Financial charges +€287
up €287 (+650%), from €44 to €331
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 | €42,905 | €50,658 | +€7,753 | +18.1% |
| Fixed assets | 21/28 | €2,211 | €394 | -€1,817 | -82.2% |
| Tangible fixed assets | 22/27 | €2,211 | €394 | -€1,817 | -82.2% |
| Furniture and vehicles | 24 | €2,211 | €394 | -€1,817 | -82.2% |
| Current assets | 29/58 | €40,694 | €50,264 | +€9,570 | +23.5% |
| Amounts receivable within one year | 40/41 | €5,790 | €5,089 | -€701 | -12.1% |
| Trade receivables | 40 | €5,182 | €2,468 | -€2,713 | -52.4% |
| Other amounts receivable | 41 | €608 | €2,621 | +€2,013 | +331% |
| Cash at bank and in hand | 54/58 | €34,177 | €43,618 | +€9,441 | +27.6% |
| Deferred charges and accrued income | 490/1 | €727 | €1,556 | +€829 | +114% |
| Total equity and liabilities | 10/49 | €42,905 | €50,658 | +€7,753 | +18.1% |
| Equity | 10/15 | €35,357 | €31,749 | -€3,607 | -10.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,357 | €30,749 | -€3,607 | -10.5% |
| Amounts payable | 17/49 | €7,548 | €18,909 | +€11,361 | +151% |
| Amounts payable within one year | 42/48 | €7,548 | €18,621 | +€11,073 | +147% |
| Trade debts | 44 | €2,873 | €1,076 | -€1,797 | -62.5% |
| Suppliers | 440/4 | €2,873 | €1,076 | -€1,797 | -62.5% |
| Taxes, remuneration and social security | 45 | €193 | €6,630 | +€6,437 | +3,339% |
| Taxes | 450/3 | €193 | €5,430 | +€5,237 | +2,716% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €4,482 | €10,914 | +€6,432 | +143% |
| Accrued charges and deferred income | 492/3 | - | €288 | +€288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,300 | €2,251 | -€1,049 | -31.8% |
| Other operating charges | 640/8 | €220 | €220 | = | 0.0% |
| Gross operating margin | 9900 | -€5,853 | €5,661 | +€11,513 | |
| Operating profit (loss) | 9901 | -€9,373 | €3,190 | +€12,563 | |
| Financial charges | 65/66B | €44 | €331 | +€287 | +650% |
| Recurring financial charges | 65 | €44 | €331 | +€287 | +650% |
| Profit (loss) for the period before taxes | 9903 | -€9,417 | €2,859 | +€12,276 | |
| Income taxes | 67/77 | €37 | €67 | +€29 | +77.8% |
| Profit (loss) for the period | 9904 | -€9,454 | €2,793 | +€12,247 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,454 | €2,793 | +€12,247 |
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 18 October 2026 via checked.be.