ELBA CONSULT: 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.
ELBA CONSULT
Largest movements
- Cash +€46,849
up €46,849 (+37.7%), from €124,163 to €171,012
mainly Other debts (+€67,641) and Net result for the year (+€65,399)
- Receivables within one year +€30,795
up €30,795 (+142.3%), from €21,637 to €52,432
of which Trade receivables: +€30,151
- Other debts +€67,641
up €67,641 (+1497.7%), from €4,516 to €72,157
- Reserves -€56,228
down €56,228 (-100.0%), from €56,228 to €0
- Profit (loss) carried forward +€56,228
up €56,228 (+88.2%), from €63,785 to €120,013
- Tax, wage and social debts +€11,644
up €11,644 (+62.4%), from €18,663 to €30,307
of which Taxes: +€10,378
- Gross operating margin +€947
up €947 (+1.2%), from €81,685 to €82,632
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 | €146,593 | €223,749 | +€77,155 | +52.6% |
| Fixed assets | 21/28 | €794 | €304 | -€489 | -61.7% |
| Tangible fixed assets | 22/27 | €794 | €304 | -€489 | -61.7% |
| Furniture and vehicles | 24 | €794 | €304 | -€489 | -61.7% |
| Current assets | 29/58 | €145,800 | €223,444 | +€77,645 | +53.3% |
| Amounts receivable within one year | 40/41 | €21,637 | €52,432 | +€30,795 | +142.3% |
| Trade receivables | 40 | €21,637 | €51,788 | +€30,151 | +139.4% |
| Other amounts receivable | 41 | - | €644 | +€644 | |
| Cash at bank and in hand | 54/58 | €124,163 | €171,012 | +€46,849 | +37.7% |
| Total equity and liabilities | 10/49 | €146,593 | €223,749 | +€77,155 | +52.6% |
| Equity | 10/15 | €121,013 | €121,013 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €56,228 | €0 | -€56,228 | -100.0% |
| Distributable reserves | 133 | €56,228 | €0 | -€56,228 | -100.0% |
| Profit (loss) carried forward | 14 | €63,785 | €120,013 | +€56,228 | +88.2% |
| Amounts payable | 17/49 | €25,581 | €102,736 | +€77,155 | +301.6% |
| Amounts payable within one year | 42/48 | €25,581 | €102,736 | +€77,155 | +301.6% |
| Trade debts | 44 | €2,401 | €272 | -€2,129 | -88.7% |
| Suppliers | 440/4 | €2,401 | €272 | -€2,129 | -88.7% |
| Taxes, remuneration and social security | 45 | €18,663 | €30,307 | +€11,644 | +62.4% |
| Taxes | 450/3 | €18,663 | €29,041 | +€10,378 | +55.6% |
| Remuneration and social security | 454/9 | - | €1,266 | +€1,266 | |
| Other amounts payable | 47/48 | €4,516 | €72,157 | +€67,641 | +1497.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €489 | €489 | = | 0.0% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €81,685 | €82,632 | +€947 | +1.2% |
| Operating profit (loss) | 9901 | €81,196 | €81,998 | +€802 | +1.0% |
| Financial income | 75/76B | €0 | €298 | +€298 | +99320.0% |
| Recurring financial income | 75 | €0 | €298 | +€298 | +99320.0% |
| Financial charges | 65/66B | €225 | €403 | +€178 | +79.0% |
| Recurring financial charges | 65 | €225 | €403 | +€178 | +79.0% |
| Profit (loss) for the period before taxes | 9903 | €80,971 | €81,894 | +€923 | +1.1% |
| Income taxes | 67/77 | €16,327 | €16,495 | +€168 | +1.0% |
| Profit (loss) for the period | 9904 | €64,644 | €65,399 | +€755 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,644 | €65,399 | +€755 | +1.2% |
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 5 October 2026 via checked.be.