ELBJ GROUP: 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.
ELBJ GROUP
Largest movements
- Stocks and contracts -€950
down €950 (-77.6%), from €1,225 to €275
- Cash -€203
down €203 (-32.0%), from €635 to €432
mainly Net result for the year (-€10,019) and Other debts (-€1,161)
- Profit (loss) carried forward -€10,019
down €10,019 (-20.9%), from -€48,011 to -€58,030
- Accrued charges and deferred income +€7,000
up €7,000 (+350%), from €2,000 to €9,000
- Trade debts +€1,706
up €1,706 (+165%), from €1,031 to €2,737
- Tax, wage and social debts +€1,320
up €1,320 (+605%), from €218 to €1,539
- Other debts -€1,161
down €1,161 (-2.6%), from €44,622 to €43,461
- Gross operating margin +€16,536
up €16,536 (+63.5%), from -€26,040 to -€9,504
- Other operating charges -€285
down €285 (-37.9%), from €752 to €467
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 | €3,860 | €2,707 | -€1,153 | -29.9% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €1,860 | €707 | -€1,153 | -62.0% |
| Stocks and contracts in progress | 3 | €1,225 | €275 | -€950 | -77.6% |
| Stocks | 30/36 | €1,225 | €275 | -€950 | -77.6% |
| Cash at bank and in hand | 54/58 | €635 | €432 | -€203 | -32.0% |
| Total equity and liabilities | 10/49 | €3,860 | €2,707 | -€1,153 | -29.9% |
| Equity | 10/15 | -€44,011 | -€54,030 | -€10,019 | -22.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,011 | -€58,030 | -€10,019 | -20.9% |
| Amounts payable | 17/49 | €47,871 | €56,737 | +€8,866 | +18.5% |
| Amounts payable within one year | 42/48 | €45,871 | €47,737 | +€1,866 | +4.1% |
| Trade debts | 44 | €1,031 | €2,737 | +€1,706 | +165% |
| Suppliers | 440/4 | €1,031 | €2,737 | +€1,706 | +165% |
| Taxes, remuneration and social security | 45 | €218 | €1,539 | +€1,320 | +605% |
| Taxes | 450/3 | €218 | €1,539 | +€1,320 | +605% |
| Other amounts payable | 47/48 | €44,622 | €43,461 | -€1,161 | -2.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | €9,000 | +€7,000 | +350% |
| Other operating charges | 640/8 | €752 | €467 | -€285 | -37.9% |
| Non-recurring operating charges | 66A | €126 | - | -€126 | |
| Gross operating margin | 9900 | -€26,040 | -€9,504 | +€16,536 | +63.5% |
| Operating profit (loss) | 9901 | -€26,918 | -€9,971 | +€16,947 | +63.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €114 | €48 | -€66 | -57.8% |
| Recurring financial charges | 65 | €114 | €48 | -€66 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,031 | -€10,019 | +€17,012 | +62.9% |
| Profit (loss) for the period | 9904 | -€27,031 | -€10,019 | +€17,012 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,031 | -€10,019 | +€17,012 | +62.9% |
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 13 October 2026 via checked.be.