ELANA: 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.
ELANA
Largest movements
- Stocks and contracts +€22,264
up €22,264 (+35.6%), from €62,459 to €84,723
- Tangible fixed assets -€5,788
down €5,788 (-38.2%), from €15,146 to €9,358
of which Furniture and vehicles: -€4,998
- Cash +€5,667
up €5,667 (+10.6%), from €53,388 to €59,055
mainly Short-term financial debts (+€28,500) and Net result for the year (+€6,622)
- Short-term financial debts +€28,500
up €28,500 (+108%), from €26,500 to €55,000
- Tax, wage and social debts -€14,162
down €14,162 (-62.0%), from €22,842 to €8,680
of which Remuneration and social security: -€17,356
- Reserves +€4,956
up €4,956 (+5.9%), from €83,740 to €88,696
of which Distributable reserves: +€4,956
- Gross operating margin -€4,602
down €4,602 (-17.0%), from €27,084 to €22,482
- Depreciation +€3,809
up €3,809 (+220%), from €1,735 to €5,544
- Taxes -€1,700
down €1,700 (-26.0%), from €6,530 to €4,830
- Financial charges -€739
down €739 (-31.0%), from €2,382 to €1,643
- Other operating charges +€285
up €285 (+8.5%), from €3,368 to €3,653
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,900 | €164,858 | +€20,957 | +14.6% |
| Fixed assets | 21/28 | €15,146 | €9,358 | -€5,788 | -38.2% |
| Tangible fixed assets | 22/27 | €15,146 | €9,358 | -€5,788 | -38.2% |
| Plant, machinery and equipment | 23 | €1,561 | €772 | -€790 | -50.6% |
| Furniture and vehicles | 24 | €13,585 | €8,586 | -€4,998 | -36.8% |
| Current assets | 29/58 | €128,755 | €155,500 | +€26,745 | +20.8% |
| Stocks and contracts in progress | 3 | €62,459 | €84,723 | +€22,264 | +35.6% |
| Stocks | 30/36 | €62,459 | €84,723 | +€22,264 | +35.6% |
| Amounts receivable within one year | 40/41 | €12,908 | €11,722 | -€1,186 | -9.2% |
| Trade receivables | 40 | €12,438 | €9,722 | -€2,716 | -21.8% |
| Other amounts receivable | 41 | €470 | €2,000 | +€1,530 | +325% |
| Cash at bank and in hand | 54/58 | €53,388 | €59,055 | +€5,667 | +10.6% |
| Total equity and liabilities | 10/49 | €143,900 | €164,858 | +€20,957 | +14.6% |
| Equity | 10/15 | €89,940 | €94,896 | +€4,956 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,740 | €88,696 | +€4,956 | +5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €81,880 | €86,836 | +€4,956 | +6.1% |
| Amounts payable | 17/49 | €53,961 | €69,962 | +€16,001 | +29.7% |
| Amounts payable within one year | 42/48 | €53,961 | €69,962 | +€16,001 | +29.7% |
| Financial debts | 43 | €26,500 | €55,000 | +€28,500 | +108% |
| Credit institutions | 430/8 | €26,500 | €55,000 | +€28,500 | +108% |
| Trade debts | 44 | €529 | €1,471 | +€942 | +178% |
| Suppliers | 440/4 | €529 | €1,471 | +€942 | +178% |
| Taxes, remuneration and social security | 45 | €22,842 | €8,680 | -€14,162 | -62.0% |
| Taxes | 450/3 | €5,486 | €8,680 | +€3,194 | +58.2% |
| Remuneration and social security | 454/9 | €17,356 | - | -€17,356 | |
| Other amounts payable | 47/48 | €4,090 | €4,811 | +€721 | +17.6% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,735 | €5,544 | +€3,809 | +220% |
| Other operating charges | 640/8 | €3,368 | €3,653 | +€285 | +8.5% |
| Non-recurring operating charges | 66A | - | €244 | +€244 | |
| Gross operating margin | 9900 | €27,084 | €22,482 | -€4,602 | -17.0% |
| Operating profit (loss) | 9901 | €21,981 | €13,041 | -€8,940 | -40.7% |
| Financial income | 75/76B | €1 | €55 | +€53 | +4,099% |
| Recurring financial income | 75 | €1 | €55 | +€53 | +4,099% |
| Financial charges | 65/66B | €2,382 | €1,643 | -€739 | -31.0% |
| Recurring financial charges | 65 | €2,382 | €1,643 | -€739 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €19,600 | €11,452 | -€8,147 | -41.6% |
| Income taxes | 67/77 | €6,530 | €4,830 | -€1,700 | -26.0% |
| Profit (loss) for the period | 9904 | €13,070 | €6,622 | -€6,448 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,070 | €6,622 | -€6,448 | -49.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.