Elbahi Consult: 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.
Elbahi Consult
Largest movements
- Receivables within one year -€49,247
down €49,247 (-82.7%), from €59,532 to €10,285
- Tangible fixed assets -€15,638
down €15,638 (-21.8%), from €71,673 to €56,035
of which Furniture and vehicles: -€15,500
- Cash -€9,362
down €9,362 (-46.3%), from €20,215 to €10,853
mainly Debts after one year (-€60,000) and Net result for the year (-€11,609)
- Current investments +€4,950
up €4,950 (+122%), from €4,050 to €9,000
- Debts after one year -€60,000
down €60,000 (-75.0%), from €80,000 to €20,000
- Profit (loss) carried forward -€11,609
new in 2025: -€11,609
- Other debts +€3,495
up €3,495 (+318%), from €1,100 to €4,595
- Gross operating margin -€61,218
down €61,218 (-91.6%), from €66,814 to €5,596
- Taxes -€15,821
down €15,821 (-98.2%), from €16,111 to €291
- Depreciation +€9,122
up €9,122 (+140%), from €6,515 to €15,638
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 | €157,575 | €88,794 | -€68,781 | -43.6% |
| Fixed assets | 21/28 | €71,673 | €56,035 | -€15,638 | -21.8% |
| Tangible fixed assets | 22/27 | €71,673 | €56,035 | -€15,638 | -21.8% |
| Plant, machinery and equipment | 23 | €629 | €491 | -€138 | -21.9% |
| Furniture and vehicles | 24 | €71,044 | €55,544 | -€15,500 | -21.8% |
| Current assets | 29/58 | €85,902 | €32,758 | -€53,143 | -61.9% |
| Amounts receivable within one year | 40/41 | €59,532 | €10,285 | -€49,247 | -82.7% |
| Trade receivables | 40 | €59,532 | €10,285 | -€49,247 | -82.7% |
| Current investments | 50/53 | €4,050 | €9,000 | +€4,950 | +122% |
| Cash at bank and in hand | 54/58 | €20,215 | €10,853 | -€9,362 | -46.3% |
| Deferred charges and accrued income | 490/1 | €2,105 | €2,620 | +€515 | +24.5% |
| Total equity and liabilities | 10/49 | €157,575 | €88,794 | -€68,781 | -43.6% |
| Equity | 10/15 | €47,135 | €35,526 | -€11,609 | -24.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,135 | €42,135 | = | 0.0% |
| Distributable reserves | 133 | €42,135 | €42,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,609 | -€11,609 | |
| Amounts payable | 17/49 | €110,440 | €53,268 | -€57,172 | -51.8% |
| Amounts payable after more than one year | 17 | €80,000 | €20,000 | -€60,000 | -75.0% |
| Other amounts payable | 178/9 | €80,000 | €20,000 | -€60,000 | -75.0% |
| Amounts payable within one year | 42/48 | €30,440 | €33,268 | +€2,828 | +9.3% |
| Trade debts | 44 | €472 | €61 | -€410 | -87.0% |
| Suppliers | 440/4 | €472 | €61 | -€410 | -87.0% |
| Taxes, remuneration and social security | 45 | €28,868 | €28,612 | -€256 | -0.9% |
| Taxes | 450/3 | €24,727 | €24,471 | -€256 | -1.0% |
| Remuneration and social security | 454/9 | €4,141 | €4,141 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €1,100 | €4,595 | +€3,495 | +318% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,515 | €15,638 | +€9,122 | +140% |
| Other operating charges | 640/8 | €1,455 | €826 | -€629 | -43.2% |
| Gross operating margin | 9900 | €66,814 | €5,596 | -€61,218 | -91.6% |
| Operating profit (loss) | 9901 | €58,845 | -€10,867 | -€69,712 | |
| Financial income | 75/76B | €6 | €361 | +€355 | +5,842% |
| Recurring financial income | 75 | €6 | €361 | +€355 | +5,842% |
| Financial charges | 65/66B | €604 | €812 | +€208 | +34.4% |
| Recurring financial charges | 65 | €604 | €812 | +€208 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €58,246 | -€11,318 | -€69,565 | |
| Income taxes | 67/77 | €16,111 | €291 | -€15,821 | -98.2% |
| Profit (loss) for the period | 9904 | €42,135 | -€11,609 | -€53,744 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,135 | -€11,609 | -€53,744 |
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 23 October 2026 via checked.be.