Elben Technics: 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.
Elben Technics
Largest movements
- Cash +€114,737
up €114,737 (+246.3%), from €46,589 to €161,326
mainly Receivables within one year (+€108,981) and Net result for the year (+€51,231)
- Receivables within one year -€108,981
down €108,981 (-19.7%), from €552,202 to €443,222
of which Trade receivables: -€129,158
- Deferred charges and accrued income +€16,760
up €16,760 (+717.6%), from €2,335 to €19,095
- Tangible fixed assets -€8,965
down €8,965 (-21.7%), from €41,234 to €32,269
of which Furniture and vehicles: -€7,443
- Profit (loss) carried forward +€51,231
up €51,231 (+28.5%), from €179,971 to €231,202
- Tax, wage and social debts -€35,315
down €35,315 (-37.1%), from €95,139 to €59,823
of which Remuneration and social security: -€26,688
- Trade debts +€12,104
up €12,104 (+5.6%), from €215,052 to €227,157
- Current portion of long-term debt -€10,649
no longer reported in 2025 (was €10,649)
- Gross operating margin -€83,940
down €83,940 (-8.8%), from €956,697 to €872,757
- Taxes -€25,445
down €25,445 (-71.4%), from €35,628 to €10,183
- Staff costs -€22,575
down €22,575 (-2.8%), from €796,832 to €774,257
- Depreciation -€17,988
down €17,988 (-53.5%), from €33,627 to €15,639
- Other operating charges -€12,110
down €12,110 (-68.8%), from €17,613 to €5,504
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 | €645,891 | €659,442 | +€13,551 | +2.1% |
| Fixed assets | 21/28 | €44,764 | €35,799 | -€8,965 | -20.0% |
| Tangible fixed assets | 22/27 | €41,234 | €32,269 | -€8,965 | -21.7% |
| Plant, machinery and equipment | 23 | €2,090 | €568 | -€1,522 | -72.8% |
| Furniture and vehicles | 24 | €39,144 | €31,701 | -€7,443 | -19.0% |
| Financial fixed assets | 28 | €3,530 | €3,530 | = | 0.0% |
| Current assets | 29/58 | €601,127 | €623,643 | +€22,516 | +3.7% |
| Amounts receivable within one year | 40/41 | €552,202 | €443,222 | -€108,981 | -19.7% |
| Trade receivables | 40 | €488,464 | €359,307 | -€129,158 | -26.4% |
| Other amounts receivable | 41 | €63,738 | €83,915 | +€20,177 | +31.7% |
| Cash at bank and in hand | 54/58 | €46,589 | €161,326 | +€114,737 | +246.3% |
| Deferred charges and accrued income | 490/1 | €2,335 | €19,095 | +€16,760 | +717.6% |
| Total equity and liabilities | 10/49 | €645,891 | €659,442 | +€13,551 | +2.1% |
| Equity | 10/15 | €304,780 | €356,011 | +€51,231 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,609 | €118,609 | = | 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% |
| Tax-exempt reserves | 132 | €4,449 | €4,449 | = | 0.0% |
| Distributable reserves | 133 | €112,300 | €112,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €179,971 | €231,202 | +€51,231 | +28.5% |
| Amounts payable | 17/49 | €341,111 | €303,431 | -€37,680 | -11.0% |
| Amounts payable within one year | 42/48 | €341,111 | €303,431 | -€37,680 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €10,649 | - | -€10,649 | |
| Financial debts | 43 | €109 | - | -€109 | |
| Credit institutions | 430/8 | €109 | - | -€109 | |
| Trade debts | 44 | €215,052 | €227,157 | +€12,104 | +5.6% |
| Suppliers | 440/4 | €215,052 | €227,157 | +€12,104 | +5.6% |
| Taxes, remuneration and social security | 45 | €95,139 | €59,823 | -€35,315 | -37.1% |
| Taxes | 450/3 | €46,186 | €37,558 | -€8,628 | -18.7% |
| Remuneration and social security | 454/9 | €48,952 | €22,265 | -€26,688 | -54.5% |
| Other amounts payable | 47/48 | €20,161 | €16,451 | -€3,710 | -18.4% |
| Non-recurring operating income | 76A | - | €35,950 | +€35,950 | |
| Remuneration, social security and pensions | 62 | €796,832 | €774,257 | -€22,575 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,627 | €15,639 | -€17,988 | -53.5% |
| Other operating charges | 640/8 | €17,613 | €5,504 | -€12,110 | -68.8% |
| Non-recurring operating charges | 66A | €3,171 | €15,788 | +€12,618 | +397.9% |
| Gross operating margin | 9900 | €956,697 | €872,757 | -€83,940 | -8.8% |
| Operating profit (loss) | 9901 | €105,454 | €61,569 | -€43,885 | -41.6% |
| Financial income | 75/76B | €325 | €64 | -€261 | -80.3% |
| Recurring financial income | 75 | €325 | €64 | -€261 | -80.3% |
| Financial charges | 65/66B | €2,105 | €220 | -€1,885 | -89.6% |
| Recurring financial charges | 65 | €2,105 | €220 | -€1,885 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | €103,674 | €61,414 | -€42,261 | -40.8% |
| Income taxes | 67/77 | €35,628 | €10,183 | -€25,445 | -71.4% |
| Profit (loss) for the period | 9904 | €68,046 | €51,231 | -€16,815 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,046 | €51,231 | -€16,815 | -24.7% |
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 10 October 2026 via checked.be.