ELANN: 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.
ELANN
Largest movements
- Receivables within one year +€75,506
up €75,506 (+18027.9%), from €419 to €75,925
of which Other amounts receivable: +€75,708
- Tangible fixed assets -€46,796
down €46,796 (-94.0%), from €49,758 to €2,962
of which Other tangible fixed assets: -€36,938
- Cash -€26,712
down €26,712 (-98.9%), from €27,013 to €301
mainly Receivables within one year (-€75,506) and Net result for the year (-€73,891)
- Other debts +€76,267
up €76,267 (+20.5%), from €371,243 to €447,510
- Profit (loss) carried forward -€73,891
down €73,891 (-851.6%), from -€8,677 to -€82,568
- Gross operating margin -€144,421
down €144,421 (-94.4%), from €153,069 to €8,648
- Financial charges +€28,145
up €28,145 (+1035.9%), from €2,717 to €30,862
- Depreciation -€23,006
down €23,006 (-96.9%), from €23,741 to €734
- Write-downs -€22,762
down €22,762 (-100.0%), from €22,762 to €0
- Other operating charges +€10,627
up €10,627 (+468.4%), from €2,269 to €12,896
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 | €592,071 | €593,997 | +€1,926 | +0.3% |
| Fixed assets | 21/28 | €564,567 | €517,771 | -€46,796 | -8.3% |
| Tangible fixed assets | 22/27 | €49,758 | €2,962 | -€46,796 | -94.0% |
| Furniture and vehicles | 24 | €10,242 | €383 | -€9,858 | -96.3% |
| Other tangible fixed assets | 26 | €39,516 | €2,578 | -€36,938 | -93.5% |
| Financial fixed assets | 28 | €514,809 | €514,809 | = | 0.0% |
| Current assets | 29/58 | €27,504 | €76,227 | +€48,723 | +177.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €419 | €75,925 | +€75,506 | +18027.9% |
| Trade receivables | 40 | €202 | €0 | -€202 | -100.0% |
| Other amounts receivable | 41 | €217 | €75,925 | +€75,708 | +34898.3% |
| Cash at bank and in hand | 54/58 | €27,013 | €301 | -€26,712 | -98.9% |
| Deferred charges and accrued income | 490/1 | €72 | €0 | -€72 | -100.0% |
| Total equity and liabilities | 10/49 | €592,071 | €593,997 | +€1,926 | +0.3% |
| Equity | 10/15 | €218,559 | €144,668 | -€73,891 | -33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,636 | €208,636 | -€0 | 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% |
| Tax-exempt reserves | 132 | €1,967 | €1,967 | = | 0.0% |
| Distributable reserves | 133 | €204,809 | €204,809 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€8,677 | -€82,568 | -€73,891 | -851.6% |
| Amounts payable | 17/49 | €373,512 | €449,329 | +€75,818 | +20.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €373,512 | €449,329 | +€75,818 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,268 | €1,819 | -€449 | -19.8% |
| Taxes | 450/3 | €2,268 | €1,819 | -€449 | -19.8% |
| Other amounts payable | 47/48 | €371,243 | €447,510 | +€76,267 | +20.5% |
| Non-recurring operating income | 76A | €2,283 | €12,596 | +€10,313 | +451.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,741 | €734 | -€23,006 | -96.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,762 | €0 | -€22,762 | -100.0% |
| Other operating charges | 640/8 | €2,269 | €12,896 | +€10,627 | +468.4% |
| Non-recurring operating charges | 66A | €109,688 | €36,938 | -€72,750 | -66.3% |
| Gross operating margin | 9900 | €153,069 | €8,648 | -€144,421 | -94.4% |
| Operating profit (loss) | 9901 | -€5,390 | -€41,920 | -€36,530 | -677.7% |
| Financial income | 75/76B | €79 | €0 | -€79 | -100.0% |
| Recurring financial income | 75 | €79 | €0 | -€79 | -100.0% |
| Financial charges | 65/66B | €2,717 | €30,862 | +€28,145 | +1035.9% |
| Recurring financial charges | 65 | €2,717 | €30,862 | +€28,145 | +1035.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,028 | -€72,781 | -€64,753 | -806.6% |
| Income taxes | 67/77 | €648 | €1,110 | +€462 | +71.2% |
| Profit (loss) for the period | 9904 | -€8,677 | -€73,891 | -€65,215 | -751.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,677 | -€73,891 | -€65,215 | -751.6% |
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 9 October 2026 via checked.be.