ELCA: what changed
Two fiscal 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.
ELCA
Largest movements
- Cash +€16,115
up €16,115 (+3850.3%), from €419 to €16,534
mainly Tax, wage and social debts (+€13,518) and Net result for the year (+€12,797)
- Stocks and contracts -€11,816
down €11,816 (-6.6%), from €179,441 to €167,625
of which Contracts in progress: -€8,313
- Tangible fixed assets -€10,924
down €10,924 (-16.2%), from €67,241 to €56,318
of which Plant, machinery and equipment: -€9,608
- Trade debts -€31,411
down €31,411 (-50.4%), from €62,324 to €30,913
- Tax, wage and social debts +€13,518
up €13,518 (+46.0%), from €29,406 to €42,924
of which Remuneration and social security: +€7,093
- Profit (loss) carried forward +€12,797
up €12,797 (+24.2%), from €52,887 to €65,684
- Short-term financial debts -€11,500
down €11,500 (-100.0%), from €11,500 to €0
- Other debts +€3,858
up €3,858 (+2.7%), from €140,565 to €144,423
- Gross operating margin +€38,718
up €38,718 (+18.8%), from €205,789 to €244,506
- Staff costs +€16,662
up €16,662 (+8.7%), from €192,205 to €208,868
- Taxes +€3,607
new in 2025: €3,607
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 | €379,512 | €369,314 | -€10,198 | -2.7% |
| Fixed assets | 21/28 | €72,896 | €58,303 | -€14,594 | -20.0% |
| Tangible fixed assets | 22/27 | €67,241 | €56,318 | -€10,924 | -16.2% |
| Land and buildings | 22 | €39,113 | €38,241 | -€873 | -2.2% |
| Plant, machinery and equipment | 23 | €26,863 | €17,255 | -€9,608 | -35.8% |
| Furniture and vehicles | 24 | €1,264 | €822 | -€443 | -35.0% |
| Financial fixed assets | 28 | €5,655 | €1,985 | -€3,670 | -64.9% |
| Current assets | 29/58 | €306,616 | €311,011 | +€4,395 | +1.4% |
| Stocks and contracts in progress | 3 | €179,441 | €167,625 | -€11,816 | -6.6% |
| Stocks | 30/36 | €111,583 | €108,079 | -€3,503 | -3.1% |
| Contracts in progress | 37 | €67,858 | €59,546 | -€8,313 | -12.3% |
| Amounts receivable within one year | 40/41 | €121,665 | €121,707 | +€42 | 0.0% |
| Trade receivables | 40 | €117,007 | €118,381 | +€1,374 | +1.2% |
| Other amounts receivable | 41 | €4,658 | €3,326 | -€1,332 | -28.6% |
| Cash at bank and in hand | 54/58 | €419 | €16,534 | +€16,115 | +3850.3% |
| Deferred charges and accrued income | 490/1 | €5,092 | €5,146 | +€54 | +1.1% |
| Total equity and liabilities | 10/49 | €379,512 | €369,314 | -€10,198 | -2.7% |
| Equity | 10/15 | €121,087 | €133,884 | +€12,797 | +10.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,887 | €65,684 | +€12,797 | +24.2% |
| Amounts payable | 17/49 | €258,425 | €235,430 | -€22,996 | -8.9% |
| Amounts payable within one year | 42/48 | €256,286 | €230,461 | -€25,825 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €12,491 | €12,200 | -€290 | -2.3% |
| Financial debts | 43 | €11,500 | €0 | -€11,500 | -100.0% |
| Credit institutions | 430/8 | €11,500 | €0 | -€11,500 | -100.0% |
| Trade debts | 44 | €62,324 | €30,913 | -€31,411 | -50.4% |
| Suppliers | 440/4 | €62,324 | €30,913 | -€31,411 | -50.4% |
| Taxes, remuneration and social security | 45 | €29,406 | €42,924 | +€13,518 | +46.0% |
| Taxes | 450/3 | €0 | €6,425 | +€6,425 | |
| Remuneration and social security | 454/9 | €29,406 | €36,498 | +€7,093 | +24.1% |
| Other amounts payable | 47/48 | €140,565 | €144,423 | +€3,858 | +2.7% |
| Accrued charges and deferred income | 492/3 | €2,139 | €4,969 | +€2,830 | +132.3% |
| Remuneration, social security and pensions | 62 | €192,205 | €208,868 | +€16,662 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,537 | €10,924 | -€614 | -5.3% |
| Other operating charges | 640/8 | €4,037 | €3,938 | -€98 | -2.4% |
| Gross operating margin | 9900 | €205,789 | €244,506 | +€38,718 | +18.8% |
| Operating profit (loss) | 9901 | -€1,991 | €20,777 | +€22,768 | |
| Financial income | 75/76B | €25 | €38 | +€12 | +49.2% |
| Recurring financial income | 75 | €25 | €38 | +€12 | +49.2% |
| Financial charges | 65/66B | €4,442 | €4,410 | -€31 | -0.7% |
| Recurring financial charges | 65 | €4,442 | €4,410 | -€31 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,407 | €16,405 | +€22,812 | |
| Income taxes | 67/77 | - | €3,607 | +€3,607 | |
| Profit (loss) for the period | 9904 | -€6,407 | €12,797 | +€19,204 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,407 | €12,797 | +€19,204 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.