ELAKI: what changed
ELAKI
Largest movements
- Cash +€15,593
up €15,593 (+51.6%), from €30,221 to €45,814
mainly Net result for the year (+€15,301) and Depreciation (+€8,635)
- Tangible fixed assets +€9,612
up €9,612 (+390%), from €2,467 to €12,079
of which Plant, machinery and equipment: +€10,108
- Intangible fixed assets -€6,500
down €6,500 (-11.1%), from €58,749 to €52,249
- Receivables within one year +€2,054
up €2,054 (+259%), from €792 to €2,846
- Deferred charges and accrued income -€1,239
down €1,239 (-59.0%), from €2,102 to €863
- Profit (loss) carried forward +€15,301
up €15,301 (+222%), from €6,894 to €22,194
- Tax, wage and social debts +€6,351
up €6,351 (+142%), from €4,461 to €10,812
of which Taxes: +€4,727
- Other debts -€1,565
down €1,565 (-2.3%), from €68,500 to €66,936
- Gross operating margin +€10,483
up €10,483 (+21.3%), from €49,284 to €59,767
- Staff costs -€3,047
down €3,047 (-9.3%), from €32,802 to €29,755
- Depreciation +€2,372
up €2,372 (+37.9%), from €6,263 to €8,635
- Taxes +€2,130
up €2,130 (+121%), from €1,765 to €3,895
- Other operating charges +€1,226
up €1,226 (+148%), from €826 to €2,052
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,331 | €113,851 | +€19,520 | +20.7% |
| Fixed assets | 21/28 | €61,216 | €64,328 | +€3,112 | +5.1% |
| Intangible fixed assets | 21 | €58,749 | €52,249 | -€6,500 | -11.1% |
| Tangible fixed assets | 22/27 | €2,467 | €12,079 | +€9,612 | +390% |
| Plant, machinery and equipment | 23 | - | €10,108 | +€10,108 | |
| Furniture and vehicles | 24 | €2,467 | €1,971 | -€496 | -20.1% |
| Current assets | 29/58 | €33,115 | €49,523 | +€16,408 | +49.5% |
| Amounts receivable within one year | 40/41 | €792 | €2,846 | +€2,054 | +259% |
| Other amounts receivable | 41 | €792 | €2,846 | +€2,054 | +259% |
| Cash at bank and in hand | 54/58 | €30,221 | €45,814 | +€15,593 | +51.6% |
| Deferred charges and accrued income | 490/1 | €2,102 | €863 | -€1,239 | -59.0% |
| Total equity and liabilities | 10/49 | €94,331 | €113,851 | +€19,520 | +20.7% |
| Equity | 10/15 | €16,894 | €32,194 | +€15,301 | +90.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,894 | €22,194 | +€15,301 | +222% |
| Amounts payable | 17/49 | €77,437 | €81,657 | +€4,220 | +5.4% |
| Amounts payable within one year | 42/48 | €77,437 | €81,657 | +€4,220 | +5.4% |
| Financial debts | 43 | €71 | €0 | -€71 | -100% |
| Credit institutions | 430/8 | €71 | €0 | -€71 | -100% |
| Trade debts | 44 | €3,318 | €3,062 | -€255 | -7.7% |
| Suppliers | 440/4 | €3,318 | €3,062 | -€255 | -7.7% |
| Advances received on contracts in progress | 46 | €1,087 | €847 | -€240 | -22.1% |
| Taxes, remuneration and social security | 45 | €4,461 | €10,812 | +€6,351 | +142% |
| Taxes | 450/3 | €4,461 | €9,187 | +€4,727 | +106% |
| Remuneration and social security | 454/9 | - | €1,624 | +€1,624 | |
| Other amounts payable | 47/48 | €68,500 | €66,936 | -€1,565 | -2.3% |
| Remuneration, social security and pensions | 62 | €32,802 | €29,755 | -€3,047 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,263 | €8,635 | +€2,372 | +37.9% |
| Other operating charges | 640/8 | €826 | €2,052 | +€1,226 | +148% |
| Gross operating margin | 9900 | €49,284 | €59,767 | +€10,483 | +21.3% |
| Operating profit (loss) | 9901 | €9,393 | €19,325 | +€9,932 | +106% |
| Financial income | 75/76B | €14 | €0 | -€14 | -97.2% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -97.2% |
| Financial charges | 65/66B | €748 | €129 | -€619 | -82.7% |
| Recurring financial charges | 65 | €748 | €129 | -€619 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | €8,659 | €19,196 | +€10,537 | +122% |
| Income taxes | 67/77 | €1,765 | €3,895 | +€2,130 | +121% |
| Profit (loss) for the period | 9904 | €6,894 | €15,301 | +€8,407 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €6,894 | €15,301 | +€8,407 | +122% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.