Elagri: 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.
Elagri
Largest movements
- Tangible fixed assets +€47,400
up €47,400 (+2.7%), from €1.8m to €1.8m
- Cash -€29,146
down €29,146 (-9.6%), from €302,039 to €272,893
mainly Investment in fixed assets (net) (-€47,400) and Receivables within one year (-€266)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€20,815
up €20,815 (+218%), from €9,539 to €30,354
- Financial charges +€9,880
up €9,880, from -€7,982 to €1,898
- Other operating charges +€6,344
up €6,344 (+96.2%), from €6,596 to €12,940
- Financial income +€937
up €937 (+177%), from €529 to €1,466
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 | €2,265,674 | €2,282,610 | +€16,936 | +0.7% |
| Fixed assets | 21/28 | €1,760,378 | €1,807,778 | +€47,400 | +2.7% |
| Tangible fixed assets | 22/27 | €1,760,378 | €1,807,778 | +€47,400 | +2.7% |
| Land and buildings | 22 | €1,760,378 | €1,807,778 | +€47,400 | +2.7% |
| Current assets | 29/58 | €505,296 | €474,832 | -€30,464 | -6.0% |
| Amounts receivable within one year | 40/41 | €0 | €266 | +€266 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €266 | +€266 | |
| Current investments | 50/53 | €203,258 | €201,673 | -€1,585 | -0.8% |
| Cash at bank and in hand | 54/58 | €302,039 | €272,893 | -€29,146 | -9.6% |
| Total equity and liabilities | 10/49 | €2,265,674 | €2,282,610 | +€16,936 | +0.7% |
| Equity | 10/15 | €2,260,646 | €2,277,464 | +€16,818 | +0.7% |
| Contributions | 10/11 | €2,029,288 | €2,029,288 | = | 0.0% |
| Capital | 10 | €1,674,562 | €1,674,562 | = | 0.0% |
| Issued capital | 100 | €1,674,562 | €1,674,562 | = | 0.0% |
| Contributions outside capital | 11 | €354,725 | €354,725 | = | 0.0% |
| Share premium | 1100/10 | €354,725 | €354,725 | = | 0.0% |
| Reserves | 13 | €264,577 | €264,577 | = | 0.0% |
| Non-distributable reserves | 130/1 | €167,456 | €167,456 | = | 0.0% |
| Legal reserve | 130 | €167,456 | €167,456 | = | 0.0% |
| Distributable reserves | 133 | €97,121 | €97,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,219 | -€16,401 | +€16,818 | +50.6% |
| Amounts payable | 17/49 | €5,028 | €5,146 | +€118 | +2.3% |
| Amounts payable within one year | 42/48 | €5,028 | €5,146 | +€118 | +2.3% |
| Trade debts | 44 | €29 | €0 | -€29 | -100% |
| Suppliers | 440/4 | €29 | €0 | -€29 | -100% |
| Taxes, remuneration and social security | 45 | €68 | €0 | -€68 | -100% |
| Taxes | 450/3 | €68 | €0 | -€68 | -100% |
| Other amounts payable | 47/48 | €4,931 | €5,146 | +€215 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €6,596 | €12,940 | +€6,344 | +96.2% |
| Gross operating margin | 9900 | €9,539 | €30,354 | +€20,815 | +218% |
| Operating profit (loss) | 9901 | €2,944 | €17,415 | +€14,471 | +492% |
| Financial income | 75/76B | €529 | €1,466 | +€937 | +177% |
| Recurring financial income | 75 | €529 | €1,466 | +€937 | +177% |
| Financial charges | 65/66B | -€7,982 | €1,898 | +€9,880 | |
| Recurring financial charges | 65 | -€7,982 | €1,898 | +€9,880 | |
| Profit (loss) for the period before taxes | 9903 | €11,455 | €16,983 | +€5,528 | +48.3% |
| Income taxes | 67/77 | €159 | €165 | +€6 | +3.9% |
| Profit (loss) for the period | 9904 | €11,296 | €16,818 | +€5,522 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,296 | €16,818 | +€5,522 | +48.9% |
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 30 October 2026 via checked.be.