ELBA 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.
ELBA CONSULTING
Largest movements
- Receivables within one year +€33,463
up €33,463 (+71.8%), from €46,614 to €80,077
of which Trade receivables: +€18,265
- Cash -€3,364
down €3,364 (-100%), from €3,364 to €0
mainly Receivables within one year (-€33,463) and Debts after one year (-€6,166)
- Tangible fixed assets -€2,261
down €2,261 (-57.7%), from €3,918 to €1,657
of which Furniture and vehicles: -€1,599
- Tax, wage and social debts +€16,799
up €16,799 (+75.8%), from €22,149 to €38,948
of which Taxes: +€17,639
- Profit (loss) carried forward +€15,228
up €15,228 (+31.3%), from -€48,613 to -€33,385
- Debts after one year -€6,166
down €6,166 (-34.8%), from €17,698 to €11,532
- Short-term financial debts +€1,233
new in 2025: €1,233
- Gross operating margin +€60,156
up €60,156, from -€17,744 to €42,412
- Depreciation -€3,491
down €3,491 (-60.7%), from €5,752 to €2,261
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 | €56,246 | €84,156 | +€27,911 | +49.6% |
| Fixed assets | 21/28 | €3,918 | €1,657 | -€2,261 | -57.7% |
| Tangible fixed assets | 22/27 | €3,918 | €1,657 | -€2,261 | -57.7% |
| Plant, machinery and equipment | 23 | €1,759 | €1,097 | -€662 | -37.6% |
| Furniture and vehicles | 24 | €2,159 | €560 | -€1,599 | -74.1% |
| Current assets | 29/58 | €52,327 | €82,499 | +€30,171 | +57.7% |
| Amounts receivable within one year | 40/41 | €46,614 | €80,077 | +€33,463 | +71.8% |
| Trade receivables | 40 | €12,778 | €31,043 | +€18,265 | +143% |
| Other amounts receivable | 41 | €33,837 | €49,035 | +€15,198 | +44.9% |
| Cash at bank and in hand | 54/58 | €3,364 | €0 | -€3,364 | -100% |
| Deferred charges and accrued income | 490/1 | €2,350 | €2,422 | +€72 | +3.1% |
| Total equity and liabilities | 10/49 | €56,246 | €84,156 | +€27,911 | +49.6% |
| Equity | 10/15 | €5,420 | €20,647 | +€15,228 | +281% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,833 | €47,833 | = | 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% |
| Distributable reserves | 133 | €45,973 | €45,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,613 | -€33,385 | +€15,228 | +31.3% |
| Amounts payable | 17/49 | €50,826 | €63,509 | +€12,683 | +25.0% |
| Amounts payable after more than one year | 17 | €17,698 | €11,532 | -€6,166 | -34.8% |
| Financial debts | 170/4 | €17,698 | €11,532 | -€6,166 | -34.8% |
| Amounts payable within one year | 42/48 | €33,114 | €51,896 | +€18,782 | +56.7% |
| Current portion of amounts payable after more than one year | 42 | €5,876 | €6,166 | +€290 | +4.9% |
| Financial debts | 43 | - | €1,233 | +€1,233 | |
| Credit institutions | 430/8 | - | €1,233 | +€1,233 | |
| Trade debts | 44 | €5,089 | €5,549 | +€460 | +9.0% |
| Suppliers | 440/4 | €5,089 | €5,549 | +€460 | +9.0% |
| Taxes, remuneration and social security | 45 | €22,149 | €38,948 | +€16,799 | +75.8% |
| Taxes | 450/3 | €16,790 | €34,430 | +€17,639 | +105% |
| Remuneration and social security | 454/9 | €5,359 | €4,518 | -€840 | -15.7% |
| Accrued charges and deferred income | 492/3 | €14 | €81 | +€67 | +476% |
| Remuneration, social security and pensions | 62 | €19,374 | €19,767 | +€394 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,752 | €2,261 | -€3,491 | -60.7% |
| Other operating charges | 640/8 | €3,329 | €3,164 | -€165 | -5.0% |
| Gross operating margin | 9900 | -€17,744 | €42,412 | +€60,156 | |
| Operating profit (loss) | 9901 | -€46,198 | €17,220 | +€63,418 | |
| Financial income | 75/76B | €1,136 | €1,192 | +€56 | +4.9% |
| Recurring financial income | 75 | €1,136 | €1,192 | +€56 | +4.9% |
| Financial charges | 65/66B | €3,183 | €2,785 | -€398 | -12.5% |
| Recurring financial charges | 65 | €3,183 | €2,785 | -€398 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€48,245 | €15,627 | +€63,872 | |
| Income taxes | 67/77 | €368 | €399 | +€31 | +8.5% |
| Profit (loss) for the period | 9904 | -€48,613 | €15,228 | +€63,841 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,613 | €15,228 | +€63,841 |
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 18 October 2026 via checked.be.