ElastKem Consulting: 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.
ElastKem Consulting
Largest movements
- Cash +€18,783
up €18,783 (+79.5%), from €23,630 to €42,412
mainly Net result for the year (+€21,311) and Tax, wage and social debts (+€7,092)
- Deferred charges and accrued income +€4,879
up €4,879 (+897%), from €544 to €5,423
- Receivables within one year -€2,888
down €2,888 (-35.5%), from €8,124 to €5,236
of which Other amounts receivable: -€2,226
- Profit (loss) carried forward +€21,311
up €21,311 (+97.0%), from -€21,974 to -€663
- Other debts -€8,235
down €8,235 (-17.4%), from €47,427 to €39,192
- Tax, wage and social debts +€7,092
up €7,092 (+4,334%), from €164 to €7,255
- Gross operating margin +€30,152
up €30,152 (+2,112%), from €1,428 to €31,580
- Taxes +€8,343
up €8,343 (+2,091%), from €399 to €8,742
- Financial charges -€782
down €782 (-51.1%), from €1,530 to €748
- Financial income -€657
down €657 (-94.1%), from €698 to €41
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 | €32,730 | €53,281 | +€20,551 | +62.8% |
| Fixed assets | 21/28 | €432 | €209 | -€222 | -51.5% |
| Tangible fixed assets | 22/27 | €432 | €209 | -€222 | -51.5% |
| Furniture and vehicles | 24 | €432 | €209 | -€222 | -51.5% |
| Current assets | 29/58 | €32,298 | €53,072 | +€20,774 | +64.3% |
| Amounts receivable within one year | 40/41 | €8,124 | €5,236 | -€2,888 | -35.5% |
| Trade receivables | 40 | €5,898 | €5,236 | -€662 | -11.2% |
| Other amounts receivable | 41 | €2,226 | - | -€2,226 | |
| Cash at bank and in hand | 54/58 | €23,630 | €42,412 | +€18,783 | +79.5% |
| Deferred charges and accrued income | 490/1 | €544 | €5,423 | +€4,879 | +897% |
| Total equity and liabilities | 10/49 | €32,730 | €53,281 | +€20,551 | +62.8% |
| Equity | 10/15 | -€15,774 | €5,537 | +€21,311 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,974 | -€663 | +€21,311 | +97.0% |
| Amounts payable | 17/49 | €48,504 | €47,744 | -€759 | -1.6% |
| Amounts payable within one year | 42/48 | €48,504 | €47,744 | -€759 | -1.6% |
| Trade debts | 44 | €913 | €1,297 | +€384 | +42.0% |
| Suppliers | 440/4 | €913 | €1,297 | +€384 | +42.0% |
| Taxes, remuneration and social security | 45 | €164 | €7,255 | +€7,092 | +4,334% |
| Taxes | 450/3 | €164 | €7,255 | +€7,092 | +4,334% |
| Other amounts payable | 47/48 | €47,427 | €39,192 | -€8,235 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222 | €222 | = | 0.0% |
| Other operating charges | 640/8 | €579 | €598 | +€19 | +3.3% |
| Gross operating margin | 9900 | €1,428 | €31,580 | +€30,152 | +2,112% |
| Operating profit (loss) | 9901 | €627 | €30,760 | +€30,133 | +4,810% |
| Financial income | 75/76B | €698 | €41 | -€657 | -94.1% |
| Recurring financial income | 75 | €698 | €41 | -€657 | -94.1% |
| Financial charges | 65/66B | €1,530 | €748 | -€782 | -51.1% |
| Recurring financial charges | 65 | €1,530 | €748 | -€782 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | -€206 | €30,053 | +€30,259 | |
| Income taxes | 67/77 | €399 | €8,742 | +€8,343 | +2,091% |
| Profit (loss) for the period | 9904 | -€605 | €21,311 | +€21,916 | |
| Profit (loss) for the period to be appropriated | 9905 | -€605 | €21,311 | +€21,916 |
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 13 October 2026 via checked.be.