ELCERLYC: 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.
ELCERLYC
Largest movements
- Tangible fixed assets +€249,837
up €249,837 (+91.4%), from €273,198 to €523,035
- Cash -€239,207
down €239,207 (-62.0%), from €386,079 to €146,872
mainly Investment in fixed assets (net) (-€249,837)
- Receivables within one year -€7,628
down €7,628 (-76.7%), from €9,944 to €2,316
of which Other amounts receivable: -€7,628
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€482,211
down €482,211 (-99.8%), from €483,210 to €999
- Purchases and services -€16,833
down €16,833 (-84.0%), from €20,034 to €3,201
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 | €669,300 | €672,302 | +€3,002 | +0.4% |
| Fixed assets | 21/28 | €273,277 | €523,114 | +€249,837 | +91.4% |
| Tangible fixed assets | 22/27 | €273,198 | €523,035 | +€249,837 | +91.4% |
| Land and buildings | 22 | €273,198 | €523,035 | +€249,837 | +91.4% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €396,023 | €149,188 | -€246,835 | -62.3% |
| Amounts receivable within one year | 40/41 | €9,944 | €2,316 | -€7,628 | -76.7% |
| Trade receivables | 40 | €1,500 | €1,500 | = | 0.0% |
| Other amounts receivable | 41 | €8,444 | €816 | -€7,628 | -90.3% |
| Cash at bank and in hand | 54/58 | €386,079 | €146,872 | -€239,207 | -62.0% |
| Total equity and liabilities | 10/49 | €669,300 | €672,302 | +€3,002 | +0.4% |
| Equity | 10/15 | €544,870 | €547,872 | +€3,002 | +0.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €375,132 | €375,132 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €372,033 | €372,033 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,751 | €141,753 | +€3,002 | +2.2% |
| Provisions and deferred taxes | 16 | €124,011 | €124,011 | = | 0.0% |
| Deferred taxes | 168 | €124,011 | €124,011 | = | 0.0% |
| Amounts payable | 17/49 | €419 | €419 | = | 0.0% |
| Amounts payable within one year | 42/48 | €419 | - | -€419 | |
| Other amounts payable | 47/48 | €419 | - | -€419 | |
| Accrued charges and deferred income | 492/3 | - | €419 | +€419 | |
| Turnover | 70 | €7,200 | €4,200 | -€3,000 | -41.7% |
| Non-recurring operating income | 76A | €496,044 | - | -€496,044 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,034 | €3,201 | -€16,833 | -84.0% |
| Other operating charges | 640/8 | €1,232 | €528 | -€704 | -57.1% |
| Gross operating margin | 9900 | €483,210 | €999 | -€482,211 | -99.8% |
| Operating profit (loss) | 9901 | €481,978 | €471 | -€481,507 | -99.9% |
| Financial income | 75/76B | €1,687 | €2,576 | +€889 | +52.7% |
| Recurring financial income | 75 | €1,687 | €2,576 | +€889 | +52.7% |
| Financial charges | 65/66B | €50 | €45 | -€5 | -10.0% |
| Recurring financial charges | 65 | €50 | €45 | -€5 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €483,615 | €3,002 | -€480,613 | -99.4% |
| Transfer to deferred taxes | 680 | €124,011 | - | -€124,011 | |
| Profit (loss) for the period | 9904 | €359,604 | €3,002 | -€356,602 | -99.2% |
| Transfer to tax-exempt reserves | 689 | €372,033 | - | -€372,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,429 | €3,002 | +€15,431 |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.