ELAN.2015: 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.
ELAN.2015
Largest movements
- Tangible fixed assets -€5,169
down €5,169 (-22.7%), from €22,762 to €17,593
- Cash +€2,634
up €2,634 (+49.6%), from €5,312 to €7,945
mainly Depreciation (+€5,169) and Net result for the year (+€4,661)
- Stocks and contracts -€790
down €790 (-45.0%), from €1,756 to €966
- Receivables within one year -€383
down €383 (-26.5%), from €1,444 to €1,061
of which Trade receivables: -€972
- Tax, wage and social debts -€5,098
down €5,098 (-51.8%), from €9,846 to €4,748
of which Remuneration and social security: -€5,170
- Profit (loss) carried forward +€4,661
up €4,661 (+4.0%), from -€117,979 to -€113,318
- Debts after one year -€2,421
down €2,421 (-100.0%), from €2,421 to €0
- Trade debts -€1,964
down €1,964 (-6.6%), from €29,940 to €27,976
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Gross operating margin -€38,642
down €38,642 (-32.6%), from €118,661 to €80,019
- Staff costs -€20,819
down €20,819 (-25.2%), from €82,736 to €61,916
- Other operating charges +€5,197
up €5,197 (+256.3%), from €2,027 to €7,224
From the 31-12-2024 result to the 31-12-2025 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.
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,678 | €27,971 | -€3,707 | -11.7% |
| Fixed assets | 21/28 | €23,167 | €17,999 | -€5,169 | -22.3% |
| Tangible fixed assets | 22/27 | €22,762 | €17,593 | -€5,169 | -22.7% |
| Furniture and vehicles | 24 | €22,762 | €17,593 | -€5,169 | -22.7% |
| Financial fixed assets | 28 | €406 | €406 | = | 0.0% |
| Current assets | 29/58 | €8,511 | €9,973 | +€1,462 | +17.2% |
| Stocks and contracts in progress | 3 | €1,756 | €966 | -€790 | -45.0% |
| Stocks | 30/36 | €1,756 | €966 | -€790 | -45.0% |
| Amounts receivable within one year | 40/41 | €1,444 | €1,061 | -€383 | -26.5% |
| Trade receivables | 40 | €972 | €0 | -€972 | -100.0% |
| Other amounts receivable | 41 | €472 | €1,061 | +€589 | +124.8% |
| Cash at bank and in hand | 54/58 | €5,312 | €7,945 | +€2,634 | +49.6% |
| Total equity and liabilities | 10/49 | €31,678 | €27,971 | -€3,707 | -11.7% |
| Equity | 10/15 | -€97,519 | -€92,858 | +€4,661 | +4.8% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | -€117,979 | -€113,318 | +€4,661 | +4.0% |
| Amounts payable | 17/49 | €129,197 | €120,829 | -€8,368 | -6.5% |
| Amounts payable after more than one year | 17 | €2,421 | €0 | -€2,421 | -100.0% |
| Financial debts | 170/4 | €2,421 | €0 | -€2,421 | -100.0% |
| Amounts payable within one year | 42/48 | €126,476 | €120,829 | -€5,647 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €2,613 | €2,421 | -€192 | -7.3% |
| Trade debts | 44 | €29,940 | €27,976 | -€1,964 | -6.6% |
| Suppliers | 440/4 | €29,940 | €27,976 | -€1,964 | -6.6% |
| Taxes, remuneration and social security | 45 | €9,846 | €4,748 | -€5,098 | -51.8% |
| Taxes | 450/3 | €1,510 | €1,581 | +€72 | +4.8% |
| Remuneration and social security | 454/9 | €8,336 | €3,166 | -€5,170 | -62.0% |
| Other amounts payable | 47/48 | €84,078 | €85,685 | +€1,607 | +1.9% |
| Accrued charges and deferred income | 492/3 | €300 | €0 | -€300 | -100.0% |
| Remuneration, social security and pensions | 62 | €82,736 | €61,916 | -€20,819 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,041 | €5,169 | +€1,127 | +27.9% |
| Other operating charges | 640/8 | €2,027 | €7,224 | +€5,197 | +256.3% |
| Gross operating margin | 9900 | €118,661 | €80,019 | -€38,642 | -32.6% |
| Operating profit (loss) | 9901 | €29,856 | €5,710 | -€24,146 | -80.9% |
| Financial income | 75/76B | €177 | €0 | -€177 | -100.0% |
| Recurring financial income | 75 | €177 | €0 | -€177 | -100.0% |
| Financial charges | 65/66B | €905 | €1,049 | +€143 | +15.8% |
| Recurring financial charges | 65 | €905 | €1,049 | +€143 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €29,128 | €4,661 | -€24,466 | -84.0% |
| Income taxes | 67/77 | €58 | €0 | -€58 | -100.0% |
| Profit (loss) for the period | 9904 | €29,069 | €4,661 | -€24,408 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,069 | €4,661 | -€24,408 | -84.0% |
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 9 October 2026 via checked.be.