Elankos: what changed
Two fiscal 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.
Elankos
Largest movements
- Tangible fixed assets -€30,141
down €30,141 (-2.7%), from €1.1m to €1.1m
- Debts after one year -€39,456
down €39,456 (-3.6%), from €1.1m to €1.1m
- Gross operating margin +€12,378
up €12,378 (+25.9%), from €47,863 to €60,241
- Other operating charges +€1,982
up €1,982 (+48.3%), from €4,103 to €6,085
- Financial charges -€764
down €764 (-3.4%), from €22,367 to €21,603
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.
Cash bridge derived
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 | €1,134,506 | €1,106,970 | -€27,536 | -2.4% |
| Fixed assets | 21/28 | €1,133,256 | €1,103,115 | -€30,141 | -2.7% |
| Tangible fixed assets | 22/27 | €1,133,256 | €1,103,115 | -€30,141 | -2.7% |
| Land and buildings | 22 | €1,133,256 | €1,103,115 | -€30,141 | -2.7% |
| Current assets | 29/58 | €1,250 | €3,855 | +€2,606 | +208.5% |
| Amounts receivable within one year | 40/41 | €200 | €200 | = | 0.0% |
| Other amounts receivable | 41 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,050 | €3,655 | +€2,606 | +248.3% |
| Total equity and liabilities | 10/49 | €1,134,506 | €1,106,970 | -€27,536 | -2.4% |
| Equity | 10/15 | -€87,896 | -€85,485 | +€2,411 | +2.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,896 | -€185,485 | +€2,411 | +1.3% |
| Amounts payable | 17/49 | €1,222,402 | €1,192,455 | -€29,947 | -2.4% |
| Amounts payable after more than one year | 17 | €1,108,433 | €1,068,977 | -€39,456 | -3.6% |
| Financial debts | 170/4 | €1,108,433 | €1,068,977 | -€39,456 | -3.6% |
| Amounts payable within one year | 42/48 | €84,748 | €85,305 | +€556 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €37,115 | €37,956 | +€841 | +2.3% |
| Trade debts | 44 | €510 | €225 | -€285 | -55.9% |
| Suppliers | 440/4 | €510 | €225 | -€285 | -55.9% |
| Other amounts payable | 47/48 | €47,124 | €47,124 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €29,220 | €38,173 | +€8,953 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,141 | €30,141 | = | 0.0% |
| Other operating charges | 640/8 | €4,103 | €6,085 | +€1,982 | +48.3% |
| Gross operating margin | 9900 | €47,863 | €60,241 | +€12,378 | +25.9% |
| Operating profit (loss) | 9901 | €13,618 | €24,014 | +€10,396 | +76.3% |
| Financial charges | 65/66B | €22,367 | €21,603 | -€764 | -3.4% |
| Recurring financial charges | 65 | €22,367 | €21,603 | -€764 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,749 | €2,411 | +€11,160 | |
| Profit (loss) for the period | 9904 | -€8,749 | €2,411 | +€11,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,749 | €2,411 | +€11,160 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.