ELANJI: 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.
ELANJI
Largest movements
- Cash +€75,918
up €75,918 (+1,208%), from €6,284 to €82,202
mainly Receivables within one year (+€64,869) and Depreciation (+€56,253)
- Receivables within one year -€64,869
down €64,869 (-86.1%), from €75,361 to €10,492
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€119,384
down €119,384 (-84.2%), from €141,757 to €22,373
- Financial charges -€31,261
down €31,261 (-99.2%), from €31,517 to €255
- Gross operating margin +€4,621
up €4,621 (+45.4%), from -€10,180 to -€5,558
- Taxes -€3,191
down €3,191 (-100%), from €3,191 to €0
- Other operating charges -€2,599
down €2,599 (-29.2%), from €8,896 to €6,298
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 | €6,255,261 | €6,194,245 | -€61,017 | -1.0% |
| Fixed assets | 21/28 | €3,134,746 | €3,078,493 | -€56,253 | -1.8% |
| Tangible fixed assets | 22/27 | €2,134,746 | €2,078,493 | -€56,253 | -2.6% |
| Land and buildings | 22 | €2,130,456 | €2,074,658 | -€55,798 | -2.6% |
| Other tangible fixed assets | 26 | €4,290 | €3,835 | -€455 | -10.6% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €3,120,515 | €3,115,752 | -€4,764 | -0.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €75,361 | €10,492 | -€64,869 | -86.1% |
| Other amounts receivable | 41 | €75,361 | €10,492 | -€64,869 | -86.1% |
| Current investments | 50/53 | €3,038,871 | €3,023,057 | -€15,813 | -0.5% |
| Cash at bank and in hand | 54/58 | €6,284 | €82,202 | +€75,918 | +1,208% |
| Total equity and liabilities | 10/49 | €6,255,261 | €6,194,245 | -€61,017 | -1.0% |
| Equity | 10/15 | €6,238,280 | €6,192,289 | -€45,991 | -0.7% |
| Contributions | 10/11 | €5,543,197 | €5,543,197 | = | 0.0% |
| Capital | 10 | €5,543,197 | €5,543,197 | = | 0.0% |
| Issued capital | 100 | €5,543,197 | €5,543,197 | = | 0.0% |
| Reserves | 13 | €78,107 | €78,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,789 | €47,789 | = | 0.0% |
| Legal reserve | 130 | €47,789 | €47,789 | = | 0.0% |
| Distributable reserves | 133 | €30,318 | €30,318 | = | 0.0% |
| Profit (loss) carried forward | 14 | €616,976 | €570,985 | -€45,991 | -7.5% |
| Amounts payable | 17/49 | €16,981 | €1,956 | -€15,025 | -88.5% |
| Amounts payable within one year | 42/48 | €16,981 | €1,956 | -€15,025 | -88.5% |
| Trade debts | 44 | €16,842 | €1,002 | -€15,840 | -94.1% |
| Suppliers | 440/4 | €16,842 | €1,002 | -€15,840 | -94.1% |
| Taxes, remuneration and social security | 45 | €139 | €954 | +€815 | +586% |
| Taxes | 450/3 | €139 | €954 | +€815 | +586% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,060 | €56,253 | +€193 | +0.3% |
| Other operating charges | 640/8 | €8,896 | €6,298 | -€2,599 | -29.2% |
| Gross operating margin | 9900 | -€10,180 | -€5,558 | +€4,621 | +45.4% |
| Operating profit (loss) | 9901 | -€75,135 | -€68,109 | +€7,026 | +9.4% |
| Financial income | 75/76B | €141,757 | €22,373 | -€119,384 | -84.2% |
| Recurring financial income | 75 | €141,757 | €22,373 | -€119,384 | -84.2% |
| Financial charges | 65/66B | €31,517 | €255 | -€31,261 | -99.2% |
| Recurring financial charges | 65 | €31,517 | €255 | -€31,261 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €35,105 | -€45,991 | -€81,096 | |
| Income taxes | 67/77 | €3,191 | €0 | -€3,191 | -100% |
| Profit (loss) for the period | 9904 | €31,913 | -€45,991 | -€77,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,913 | -€45,991 | -€77,905 |
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.