Elatec!: 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.
Elatec!
Largest movements
- Cash -€36,840
down €36,840 (-86.9%), from €42,380 to €5,541
mainly Contributions, distributions and other (-€62,917) and Other debts (-€19,083)
- Receivables within one year -€25,859
down €25,859 (-30.1%), from €86,027 to €60,168
of which Trade receivables: -€32,547
- Tangible fixed assets -€9,282
down €9,282 (-44.9%), from €20,680 to €11,398
of which Leasing and similar rights: -€6,047
- Stocks and contracts +€3,673
up €3,673 (+24.7%), from €14,850 to €18,523
of which Contracts in progress: +€3,407
- Deferred charges and accrued income -€3,601
down €3,601 (-67.3%), from €5,349 to €1,748
- Reserves -€35,531
down €35,531 (-100%), from €35,531 to €0
- Other debts -€19,083
down €19,083 (-23.0%), from €83,052 to €63,970
- Tax, wage and social debts -€6,535
down €6,535 (-44.1%), from €14,835 to €8,300
of which Taxes: -€6,633
- Trade debts -€5,555
down €5,555 (-46.0%), from €12,063 to €6,509
- Current portion of long-term debt -€5,205
down €5,205 (-100%), from €5,205 to €0
- Gross operating margin -€36,313
down €36,313 (-44.0%), from €82,615 to €46,302
- Taxes -€6,893
down €6,893 (-45.3%), from €15,204 to €8,312
- Depreciation -€2,555
down €2,555 (-21.6%), from €11,837 to €9,282
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 | €169,286 | €97,378 | -€71,908 | -42.5% |
| Fixed assets | 21/28 | €20,680 | €11,398 | -€9,282 | -44.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €20,680 | €11,398 | -€9,282 | -44.9% |
| Plant, machinery and equipment | 23 | €3,718 | €1,723 | -€1,995 | -53.7% |
| Furniture and vehicles | 24 | €4,967 | €3,727 | -€1,240 | -25.0% |
| Leasing and similar rights | 25 | €11,995 | €5,948 | -€6,047 | -50.4% |
| Current assets | 29/58 | €148,606 | €85,980 | -€62,626 | -42.1% |
| Stocks and contracts in progress | 3 | €14,850 | €18,523 | +€3,673 | +24.7% |
| Stocks | 30/36 | €12,448 | €12,715 | +€266 | +2.1% |
| Contracts in progress | 37 | €2,402 | €5,809 | +€3,407 | +142% |
| Amounts receivable within one year | 40/41 | €86,027 | €60,168 | -€25,859 | -30.1% |
| Trade receivables | 40 | €86,027 | €53,480 | -€32,547 | -37.8% |
| Other amounts receivable | 41 | - | €6,688 | +€6,688 | |
| Cash at bank and in hand | 54/58 | €42,380 | €5,541 | -€36,840 | -86.9% |
| Deferred charges and accrued income | 490/1 | €5,349 | €1,748 | -€3,601 | -67.3% |
| Total equity and liabilities | 10/49 | €169,286 | €97,378 | -€71,908 | -42.5% |
| Equity | 10/15 | €54,131 | €18,600 | -€35,531 | -65.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,531 | €0 | -€35,531 | -100% |
| Distributable reserves | 133 | €35,531 | €0 | -€35,531 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €115,155 | €78,778 | -€36,377 | -31.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €115,155 | €78,778 | -€36,377 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €5,205 | €0 | -€5,205 | -100% |
| Trade debts | 44 | €12,063 | €6,509 | -€5,555 | -46.0% |
| Suppliers | 440/4 | €12,063 | €6,509 | -€5,555 | -46.0% |
| Taxes, remuneration and social security | 45 | €14,835 | €8,300 | -€6,535 | -44.1% |
| Taxes | 450/3 | €11,702 | €5,069 | -€6,633 | -56.7% |
| Remuneration and social security | 454/9 | €3,133 | €3,231 | +€98 | +3.1% |
| Other amounts payable | 47/48 | €83,052 | €63,970 | -€19,083 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,837 | €9,282 | -€2,555 | -21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,308 | €1,103 | -€205 | -15.7% |
| Gross operating margin | 9900 | €82,615 | €46,302 | -€36,313 | -44.0% |
| Operating profit (loss) | 9901 | €69,470 | €35,917 | -€33,553 | -48.3% |
| Financial income | 75/76B | €407 | €94 | -€313 | -76.9% |
| Recurring financial income | 75 | €407 | €94 | -€313 | -76.9% |
| Financial charges | 65/66B | €608 | €313 | -€295 | -48.5% |
| Recurring financial charges | 65 | €608 | €313 | -€295 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €69,269 | €35,698 | -€33,571 | -48.5% |
| Income taxes | 67/77 | €15,204 | €8,312 | -€6,893 | -45.3% |
| Profit (loss) for the period | 9904 | €54,065 | €27,387 | -€26,678 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,065 | €27,387 | -€26,678 | -49.3% |
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 14 October 2026 via checked.be.