ELAB CONSULTING: 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.
ELAB CONSULTING
Largest movements
- Cash +€109,627
up €109,627 (+59.2%), from €185,219 to €294,847
mainly Trade debts (+€351,539) and Net result for the year (+€289,950)
- Receivables within one year +€71,536
up €71,536 (+8.1%), from €882,278 to €953,814
of which Trade receivables: +€187,536
- Deferred charges and accrued income -€54,658
down €54,658 (-90.1%), from €60,638 to €5,980
- Intangible fixed assets +€38,948
new in 2025: €38,948
- Tangible fixed assets -€31,428
down €31,428 (-23.6%), from €133,212 to €101,784
- Trade debts +€351,539
up €351,539 (+188%), from €187,276 to €538,814
of which Suppliers: +€405,620
- Profit (loss) carried forward +€289,950
up €289,950, from -€179,933 to €110,017
- Accrued charges and deferred income -€218,325
down €218,325 (-31.5%), from €692,257 to €473,933
- Other debts -€208,128
down €208,128 (-80.1%), from €259,726 to €51,599
- Tax, wage and social debts -€43,083
down €43,083 (-22.1%), from €195,194 to €152,111
of which Taxes: -€61,901
- Gross operating margin +€557,759
up €557,759, from -€127,040 to €430,719
- Taxes +€51,599
up €51,599 (+5,690%), from €907 to €52,506
- Financial charges +€25,596
up €25,596 (+384%), from €6,673 to €32,268
- Staff costs +€7,036
up €7,036 (+39.4%), from €17,840 to €24,876
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 | €1,264,548 | €1,398,586 | +€134,039 | +10.6% |
| Fixed assets | 21/28 | €136,412 | €143,945 | +€7,533 | +5.5% |
| Intangible fixed assets | 21 | - | €38,948 | +€38,948 | |
| Tangible fixed assets | 22/27 | €133,212 | €101,784 | -€31,428 | -23.6% |
| Furniture and vehicles | 24 | €133,212 | €101,784 | -€31,428 | -23.6% |
| Financial fixed assets | 28 | €3,200 | €3,213 | +€13 | +0.4% |
| Current assets | 29/58 | €1,128,135 | €1,254,641 | +€126,506 | +11.2% |
| Amounts receivable within one year | 40/41 | €882,278 | €953,814 | +€71,536 | +8.1% |
| Trade receivables | 40 | €674,695 | €862,232 | +€187,536 | +27.8% |
| Other amounts receivable | 41 | €207,582 | €91,582 | -€116,000 | -55.9% |
| Cash at bank and in hand | 54/58 | €185,219 | €294,847 | +€109,627 | +59.2% |
| Deferred charges and accrued income | 490/1 | €60,638 | €5,980 | -€54,658 | -90.1% |
| Total equity and liabilities | 10/49 | €1,264,548 | €1,398,586 | +€134,039 | +10.6% |
| Equity | 10/15 | -€176,933 | €113,017 | +€289,950 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€179,933 | €110,017 | +€289,950 | |
| Amounts payable | 17/49 | €1,441,480 | €1,285,569 | -€155,911 | -10.8% |
| Amounts payable after more than one year | 17 | €59,346 | €20,242 | -€39,104 | -65.9% |
| Financial debts | 170/4 | €59,346 | €20,242 | -€39,104 | -65.9% |
| Amounts payable within one year | 42/48 | €689,877 | €791,395 | +€101,518 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €47,682 | €28,871 | -€18,810 | -39.4% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €187,276 | €538,814 | +€351,539 | +188% |
| Suppliers | 440/4 | €106,486 | €512,106 | +€405,620 | +381% |
| Bills of exchange payable | 441 | €80,789 | €26,708 | -€54,081 | -66.9% |
| Taxes, remuneration and social security | 45 | €195,194 | €152,111 | -€43,083 | -22.1% |
| Taxes | 450/3 | €180,484 | €118,584 | -€61,901 | -34.3% |
| Remuneration and social security | 454/9 | €14,710 | €33,527 | +€18,818 | +128% |
| Other amounts payable | 47/48 | €259,726 | €51,599 | -€208,128 | -80.1% |
| Accrued charges and deferred income | 492/3 | €692,257 | €473,933 | -€218,325 | -31.5% |
| Remuneration, social security and pensions | 62 | €17,840 | €24,876 | +€7,036 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,180 | €36,592 | -€1,588 | -4.2% |
| Other operating charges | 640/8 | €1,351 | €5,450 | +€4,100 | +304% |
| Gross operating margin | 9900 | -€127,040 | €430,719 | +€557,759 | |
| Operating profit (loss) | 9901 | -€184,410 | €363,801 | +€548,212 | |
| Financial income | 75/76B | €12,057 | €10,923 | -€1,134 | -9.4% |
| Recurring financial income | 75 | €12,057 | €10,923 | -€1,134 | -9.4% |
| Financial charges | 65/66B | €6,673 | €32,268 | +€25,596 | +384% |
| Recurring financial charges | 65 | €6,673 | €32,268 | +€25,596 | +384% |
| Profit (loss) for the period before taxes | 9903 | -€179,026 | €342,456 | +€521,482 | |
| Income taxes | 67/77 | €907 | €52,506 | +€51,599 | +5,690% |
| Profit (loss) for the period | 9904 | -€179,933 | €289,950 | +€469,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€179,933 | €289,950 | +€469,883 |
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 17 October 2026 via checked.be.