ELAN Services: 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 Services
Largest movements
- Cash -€47,173
down €47,173 (-38.7%), from €121,927 to €74,754
mainly Receivables within one year (-€45,116) and Investment in fixed assets (net) (-€32,482)
- Receivables within one year +€45,116
up €45,116 (+25.7%), from €175,267 to €220,383
of which Trade receivables: +€52,242
- Tangible fixed assets +€29,148
up €29,148 (+273%), from €10,686 to €39,834
of which Plant, machinery and equipment: +€20,800
- Stocks and contracts +€3,500
new in 2024: €3,500
- Tax, wage and social debts +€47,311
new in 2024: €47,311
- Trade debts -€20,419
no longer reported in 2024 (was €20,419)
- Profit (loss) carried forward +€9,899
up €9,899 (+3.5%), from €279,400 to €289,300
- Contributions -€6,200
no longer reported in 2024 (was €6,200)
- Staff costs +€81,465
up €81,465 (+35.5%), from €229,362 to €310,827
- Taxes +€60,178
new in 2024: €60,178
- Gross operating margin -€18,579
down €18,579 (-4.6%), from €403,603 to €385,025
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,879 | €338,470 | +€30,591 | +9.9% |
| Fixed assets | 21/28 | €10,686 | €39,834 | +€29,148 | +273% |
| Tangible fixed assets | 22/27 | €10,686 | €39,834 | +€29,148 | +273% |
| Plant, machinery and equipment | 23 | - | €20,800 | +€20,800 | |
| Furniture and vehicles | 24 | €1,231 | €11,943 | +€10,712 | +870% |
| Leasing and similar rights | 25 | €9,455 | €7,091 | -€2,364 | -25.0% |
| Current assets | 29/58 | €297,194 | €298,636 | +€1,443 | +0.5% |
| Stocks and contracts in progress | 3 | - | €3,500 | +€3,500 | |
| Stocks | 30/36 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €175,267 | €220,383 | +€45,116 | +25.7% |
| Trade receivables | 40 | €1,820 | €54,062 | +€52,242 | +2,871% |
| Other amounts receivable | 41 | €173,447 | €166,321 | -€7,126 | -4.1% |
| Cash at bank and in hand | 54/58 | €121,927 | €74,754 | -€47,173 | -38.7% |
| Total equity and liabilities | 10/49 | €307,879 | €338,470 | +€30,591 | +9.9% |
| Equity | 10/15 | €287,460 | €291,160 | +€3,699 | +1.3% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,400 | €289,300 | +€9,899 | +3.5% |
| Amounts payable | 17/49 | €20,419 | €47,311 | +€26,892 | +132% |
| Amounts payable within one year | 42/48 | €20,419 | €47,311 | +€26,892 | +132% |
| Trade debts | 44 | €20,419 | - | -€20,419 | |
| Suppliers | 440/4 | €20,419 | - | -€20,419 | |
| Taxes, remuneration and social security | 45 | - | €47,311 | +€47,311 | |
| Remuneration and social security | 454/9 | - | €47,311 | +€47,311 | |
| Remuneration, social security and pensions | 62 | €229,362 | €310,827 | +€81,465 | +35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,926 | €3,334 | -€1,592 | -32.3% |
| Other operating charges | 640/8 | €1,358 | €530 | -€828 | -61.0% |
| Gross operating margin | 9900 | €403,603 | €385,025 | -€18,579 | -4.6% |
| Operating profit (loss) | 9901 | €167,957 | €70,334 | -€97,623 | -58.1% |
| Financial charges | 65/66B | €915 | €256 | -€659 | -72.0% |
| Recurring financial charges | 65 | €915 | €256 | -€659 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €167,041 | €70,077 | -€96,964 | -58.0% |
| Income taxes | 67/77 | - | €60,178 | +€60,178 | |
| Profit (loss) for the period | 9904 | €167,041 | €9,899 | -€157,142 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €167,041 | €9,899 | -€157,142 | -94.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.