ELANI: 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.
What changed
ELANI
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€49,332
2024 · €52,181-€2,849
Equity
€2.3m
2024 · €2.2m+€49,332
Cash
€9,009
2024 · €4,660+€4,349
Balance sheet total
€2.8m
2024 · €2.9m-€5,636
Largest movements
Assets
- Tangible fixed assets -€44,754
down €44,754 (-3.7%), from €1.2m to €1.2m
of which Land and buildings: -€61,171
- Receivables within one year +€34,769
up €34,769 (+23.1%), from €150,339 to €185,108
of which Trade receivables: +€34,769
Equity and liabilities
- Debts after one year -€59,110
down €59,110 (-18.6%), from €317,514 to €258,404
- Reserves +€49,332
up €49,332 (+4.9%), from €1.0m to €1.1m
of which Distributable reserves: +€49,332
Income statement
- Other operating charges +€10,839
up €10,839 (+48.4%), from €22,372 to €33,211
- Financial charges -€6,136
down €6,136 (-41.5%), from €14,776 to €8,640
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.
Result 2024
€52,181
Gross operating margin
-€1,248
Depreciation
+€1,378
Other operating charges
-€10,839
Financial charges
+€6,136
Taxes
+€1,724
Result 2025
€49,332
raises the resultlowers the result
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.
From operations
+€88,496
Investment
-€27,348
Financing
-€56,799
Cash 2024
€4,660
From operations (derived)
+€88,496
Net result for the year
+€49,332
Depreciation
+€72,102
Receivables within one year
-€34,769
Trade debts
-€410
Tax, wage and social debts
+€2,154
Other debts
+€4,070
Accrued charges and deferred income
-€3,983
Investment (derived)
-€27,348
Investment in fixed assets (net)
-€27,348
Financing
-€56,799
Debts after one year
-€59,110
Current portion of long-term debt
+€2,311
Cash 2025
€9,009
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,854,010 | €2,848,374 | -€5,636 | -0.2% |
| Fixed assets | 21/28 | €2,699,011 | €2,654,257 | -€44,754 | -1.7% |
| Tangible fixed assets | 22/27 | €1,211,650 | €1,166,896 | -€44,754 | -3.7% |
| Land and buildings | 22 | €1,190,191 | €1,129,020 | -€61,171 | -5.1% |
| Plant, machinery and equipment | 23 | €11,376 | €8,781 | -€2,595 | -22.8% |
| Furniture and vehicles | 24 | €10,083 | €29,095 | +€19,012 | +189% |
| Financial fixed assets | 28 | €1,487,361 | €1,487,361 | = | 0.0% |
| Current assets | 29/58 | €154,999 | €194,117 | +€39,118 | +25.2% |
| Amounts receivable within one year | 40/41 | €150,339 | €185,108 | +€34,769 | +23.1% |
| Trade receivables | 40 | €150,325 | €185,094 | +€34,769 | +23.1% |
| Other amounts receivable | 41 | €14 | €14 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,660 | €9,009 | +€4,349 | +93.3% |
| Total equity and liabilities | 10/49 | €2,854,010 | €2,848,374 | -€5,636 | -0.2% |
| Equity | 10/15 | €2,242,157 | €2,291,489 | +€49,332 | +2.2% |
| Contributions | 10/11 | €1,240,000 | €1,240,000 | = | 0.0% |
| Capital | 10 | €1,240,000 | €1,240,000 | = | 0.0% |
| Issued capital | 100 | €1,240,000 | €1,240,000 | = | 0.0% |
| Reserves | 13 | €1,002,157 | €1,051,489 | +€49,332 | +4.9% |
| Non-distributable reserves | 130/1 | €124,000 | €124,000 | = | 0.0% |
| Legal reserve | 130 | €124,000 | €124,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €840,657 | €889,989 | +€49,332 | +5.9% |
| Provisions and deferred taxes | 16 | €109,000 | €109,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €109,000 | €109,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €109,000 | €109,000 | = | 0.0% |
| Amounts payable | 17/49 | €502,853 | €447,885 | -€54,968 | -10.9% |
| Amounts payable after more than one year | 17 | €317,514 | €258,404 | -€59,110 | -18.6% |
| Financial debts | 170/4 | €317,514 | €258,404 | -€59,110 | -18.6% |
| Amounts payable within one year | 42/48 | €178,714 | €186,839 | +€8,125 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €72,891 | €75,202 | +€2,311 | +3.2% |
| Trade debts | 44 | €4,830 | €4,420 | -€410 | -8.5% |
| Suppliers | 440/4 | €4,830 | €4,420 | -€410 | -8.5% |
| Taxes, remuneration and social security | 45 | €19,578 | €21,732 | +€2,154 | +11.0% |
| Taxes | 450/3 | €19,578 | €21,732 | +€2,154 | +11.0% |
| Other amounts payable | 47/48 | €81,415 | €85,485 | +€4,070 | +5.0% |
| Accrued charges and deferred income | 492/3 | €6,625 | €2,642 | -€3,983 | -60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,480 | €72,102 | -€1,378 | -1.9% |
| Other operating charges | 640/8 | €22,372 | €33,211 | +€10,839 | +48.4% |
| Gross operating margin | 9900 | €178,607 | €177,359 | -€1,248 | -0.7% |
| Operating profit (loss) | 9901 | €82,755 | €72,046 | -€10,709 | -12.9% |
| Financial charges | 65/66B | €14,776 | €8,640 | -€6,136 | -41.5% |
| Recurring financial charges | 65 | €14,776 | €8,640 | -€6,136 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €67,979 | €63,406 | -€4,573 | -6.7% |
| Income taxes | 67/77 | €15,798 | €14,074 | -€1,724 | -10.9% |
| Profit (loss) for the period | 9904 | €52,181 | €49,332 | -€2,849 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,181 | €49,332 | -€2,849 | -5.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.