ELAN 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.
ELAN CONSULTING
Largest movements
- Receivables within one year +€35,868
up €35,868 (+23.7%), from €151,451 to €187,318
of which Trade receivables: +€37,581
- Cash +€7,034
up €7,034 (+299%), from €2,355 to €9,389
mainly Other debts (+€25,167) and Accrued charges and deferred income (+€14,360)
- Intangible fixed assets -€5,092
down €5,092 (-28.5%), from €17,849 to €12,756
- Financial fixed assets -€5,000
down €5,000 (-73.0%), from €6,850 to €1,850
- Other debts +€25,167
up €25,167 (+272%), from €9,250 to €34,417
- Trade debts -€14,959
down €14,959 (-41.8%), from €35,824 to €20,865
- Accrued charges and deferred income +€14,360
new in 2025: €14,360
- Tax, wage and social debts +€7,367
up €7,367 (+1,495%), from €493 to €7,859
- Gross operating margin +€13,702
up €13,702 (+165%), from €8,309 to €22,012
- Taxes +€9,315
up €9,315 (+1,896%), from €491 to €9,807
- Depreciation +€2,768
up €2,768 (+69.9%), from €3,957 to €6,724
- Financial charges +€1,298
up €1,298 (+398%), from €326 to €1,625
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 | €199,126 | €232,606 | +€33,480 | +16.8% |
| Fixed assets | 21/28 | €38,674 | €28,399 | -€10,275 | -26.6% |
| Intangible fixed assets | 21 | €17,849 | €12,756 | -€5,092 | -28.5% |
| Tangible fixed assets | 22/27 | €13,975 | €13,793 | -€183 | -1.3% |
| Other tangible fixed assets | 26 | €12,127 | €13,793 | +€1,665 | +13.7% |
| Assets under construction and advance payments | 27 | €1,848 | €0 | -€1,848 | -100% |
| Financial fixed assets | 28 | €6,850 | €1,850 | -€5,000 | -73.0% |
| Current assets | 29/58 | €160,452 | €204,207 | +€43,755 | +27.3% |
| Amounts receivable within one year | 40/41 | €151,451 | €187,318 | +€35,868 | +23.7% |
| Trade receivables | 40 | €148,087 | €185,668 | +€37,581 | +25.4% |
| Other amounts receivable | 41 | €3,363 | €1,650 | -€1,713 | -50.9% |
| Cash at bank and in hand | 54/58 | €2,355 | €9,389 | +€7,034 | +299% |
| Deferred charges and accrued income | 490/1 | €6,647 | €7,500 | +€853 | +12.8% |
| Total equity and liabilities | 10/49 | €199,126 | €232,606 | +€33,480 | +16.8% |
| Equity | 10/15 | €18,013 | €19,558 | +€1,544 | +8.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,981 | €4,981 | = | 0.0% |
| Distributable reserves | 133 | €4,981 | €4,981 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,560 | -€4,016 | +€1,544 | +27.8% |
| Amounts payable | 17/49 | €181,113 | €213,048 | +€31,936 | +17.6% |
| Amounts payable after more than one year | 17 | €135,547 | €135,547 | = | 0.0% |
| Other amounts payable | 178/9 | €135,547 | €135,547 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,566 | €63,142 | +€17,575 | +38.6% |
| Trade debts | 44 | €35,824 | €20,865 | -€14,959 | -41.8% |
| Suppliers | 440/4 | €35,824 | €20,865 | -€14,959 | -41.8% |
| Taxes, remuneration and social security | 45 | €493 | €7,859 | +€7,367 | +1,495% |
| Taxes | 450/3 | €493 | €7,859 | +€7,367 | +1,495% |
| Other amounts payable | 47/48 | €9,250 | €34,417 | +€25,167 | +272% |
| Accrued charges and deferred income | 492/3 | - | €14,360 | +€14,360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,957 | €6,724 | +€2,768 | +69.9% |
| Other operating charges | 640/8 | €578 | €593 | +€15 | +2.7% |
| Non-recurring operating charges | 66A | - | €1,719 | +€1,719 | |
| Gross operating margin | 9900 | €8,309 | €22,012 | +€13,702 | +165% |
| Operating profit (loss) | 9901 | €3,775 | €12,975 | +€9,201 | +244% |
| Financial charges | 65/66B | €326 | €1,625 | +€1,298 | +398% |
| Recurring financial charges | 65 | €326 | €1,625 | +€1,298 | +398% |
| Profit (loss) for the period before taxes | 9903 | €3,448 | €11,351 | +€7,903 | +229% |
| Income taxes | 67/77 | €491 | €9,807 | +€9,315 | +1,896% |
| Profit (loss) for the period | 9904 | €2,957 | €1,544 | -€1,413 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,957 | €1,544 | -€1,413 | -47.8% |
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 22 October 2026 via checked.be.