Elbra Solutions: 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.
Elbra Solutions
Largest movements
- Tangible fixed assets +€37,392
up €37,392 (+492%), from €7,604 to €44,995
of which Furniture and vehicles: +€37,208
- Receivables within one year -€14,905
down €14,905 (-99.6%), from €14,968 to €63
of which Trade receivables: -€14,149
- Receivables after one year -€9,410
down €9,410 (-52.0%), from €18,097 to €8,687
- Current portion of long-term debt +€14,982
up €14,982, from €0 to €14,982
- Profit (loss) carried forward -€13,514
down €13,514 (-2,146%), from -€630 to -€14,143
- Debts after one year +€12,946
new in 2025: €12,946
- Advances received -€1,023
down €1,023 (-22.3%), from €4,589 to €3,566
- Trade debts -€896
down €896 (-53.8%), from €1,665 to €769
- Gross operating margin -€16,081
down €16,081 (-42.7%), from €37,647 to €21,566
- Depreciation -€1,869
down €1,869 (-12.5%), from €14,939 to €13,071
- Staff costs +€731
up €731 (+3.9%), from €18,804 to €19,535
- Financial charges +€600
up €600 (+116%), from €519 to €1,119
of which Financial charges: +€783
- Other operating charges -€598
down €598 (-24.7%), from €2,420 to €1,822
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 | €46,495 | €59,695 | +€13,201 | +28.4% |
| Fixed assets | 21/28 | €7,704 | €45,095 | +€37,392 | +485% |
| Tangible fixed assets | 22/27 | €7,604 | €44,995 | +€37,392 | +492% |
| Plant, machinery and equipment | 23 | €3,658 | €3,842 | +€184 | +5.0% |
| Furniture and vehicles | 24 | €3,946 | €41,153 | +€37,208 | +943% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €38,791 | €14,600 | -€24,191 | -62.4% |
| Amounts receivable after more than one year | 29 | €18,097 | €8,687 | -€9,410 | -52.0% |
| Other amounts receivable | 291 | €18,097 | €8,687 | -€9,410 | -52.0% |
| Amounts receivable within one year | 40/41 | €14,968 | €63 | -€14,905 | -99.6% |
| Trade receivables | 40 | €14,149 | €0 | -€14,149 | -100% |
| Other amounts receivable | 41 | €819 | €63 | -€756 | -92.3% |
| Cash at bank and in hand | 54/58 | €3,873 | €3,962 | +€88 | +2.3% |
| Deferred charges and accrued income | 490/1 | €1,853 | €1,889 | +€35 | +1.9% |
| Total equity and liabilities | 10/49 | €46,495 | €59,695 | +€13,201 | +28.4% |
| Equity | 10/15 | €40,240 | €26,727 | -€13,514 | -33.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,670 | €34,670 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €32,810 | €34,670 | +€1,860 | +5.7% |
| Profit (loss) carried forward | 14 | -€630 | -€14,143 | -€13,514 | -2,146% |
| Amounts payable | 17/49 | €6,254 | €32,969 | +€26,714 | +427% |
| Amounts payable after more than one year | 17 | - | €12,946 | +€12,946 | |
| Financial debts | 170/4 | - | €12,946 | +€12,946 | |
| Amounts payable within one year | 42/48 | €6,254 | €20,023 | +€13,769 | +220% |
| Current portion of amounts payable after more than one year | 42 | €0 | €14,982 | +€14,982 | |
| Trade debts | 44 | €1,665 | €769 | -€896 | -53.8% |
| Suppliers | 440/4 | €1,665 | €769 | -€896 | -53.8% |
| Advances received on contracts in progress | 46 | €4,589 | €3,566 | -€1,023 | -22.3% |
| Taxes, remuneration and social security | 45 | €0 | €706 | +€706 | |
| Taxes | 450/3 | €0 | €187 | +€187 | |
| Remuneration and social security | 454/9 | €0 | €519 | +€519 | |
| Non-recurring operating income | 76A | €450 | €9,584 | +€9,134 | +2,030% |
| Remuneration, social security and pensions | 62 | €18,804 | €19,535 | +€731 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,939 | €13,071 | -€1,869 | -12.5% |
| Other operating charges | 640/8 | €2,420 | €1,822 | -€598 | -24.7% |
| Non-recurring operating charges | 66A | - | €107 | +€107 | |
| Gross operating margin | 9900 | €37,647 | €21,566 | -€16,081 | -42.7% |
| Operating profit (loss) | 9901 | €1,484 | -€12,969 | -€14,453 | |
| Financial income | 75/76B | €445 | €761 | +€316 | +71.0% |
| Recurring financial income | 75 | €445 | €761 | +€316 | +71.0% |
| Financial charges | 65/66B | €519 | €1,119 | +€600 | +116% |
| Recurring financial charges | 65 | €329 | €1,112 | +€783 | +238% |
| Non-recurring financial charges | 66B | €190 | €7 | -€183 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | €1,410 | -€13,327 | -€14,736 | |
| Income taxes | 67/77 | €0 | €187 | +€187 | |
| Profit (loss) for the period | 9904 | €1,410 | -€13,514 | -€14,924 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,410 | -€13,514 | -€14,924 |
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 17 October 2026 via checked.be.