ELCY: 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.
ELCY
Largest movements
- Cash +€15,525
up €15,525 (+48.7%), from €31,878 to €47,404
mainly Depreciation (+€11,035) and Stocks and contracts (+€4,017)
- Tangible fixed assets -€11,035
down €11,035 (-23.9%), from €46,208 to €35,173
of which Other tangible fixed assets: -€6,880
- Stocks and contracts -€4,017
down €4,017 (-25.4%), from €15,835 to €11,818
- Receivables within one year -€2,720
down €2,720 (-31.6%), from €8,616 to €5,896
of which Other amounts receivable: -€1,463
- Deferred charges and accrued income +€1,532
up €1,532 (+477.7%), from €321 to €1,853
- Trade debts -€4,620
down €4,620 (-46.3%), from €9,969 to €5,349
- Accrued charges and deferred income +€3,102
up €3,102 (+57.8%), from €5,367 to €8,469
- Financial charges +€3,483
up €3,483 (+66.9%), from €5,204 to €8,687
- Depreciation -€2,760
down €2,760 (-20.0%), from €13,795 to €11,035
- Other operating charges +€1,140
up €1,140 (+139.7%), from €816 to €1,956
- Gross operating margin +€472
up €472 (+2.1%), from €22,341 to €22,814
- Taxes -€316
down €316 (-46.4%), from €681 to €365
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 | €106,159 | €105,444 | -€715 | -0.7% |
| Fixed assets | 21/28 | €49,508 | €38,473 | -€11,035 | -22.3% |
| Tangible fixed assets | 22/27 | €46,208 | €35,173 | -€11,035 | -23.9% |
| Plant, machinery and equipment | 23 | €1,468 | €577 | -€890 | -60.7% |
| Furniture and vehicles | 24 | €8,593 | €5,329 | -€3,264 | -38.0% |
| Other tangible fixed assets | 26 | €36,148 | €29,267 | -€6,880 | -19.0% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €56,650 | €66,971 | +€10,320 | +18.2% |
| Stocks and contracts in progress | 3 | €15,835 | €11,818 | -€4,017 | -25.4% |
| Stocks | 30/36 | €15,835 | €11,818 | -€4,017 | -25.4% |
| Amounts receivable within one year | 40/41 | €8,616 | €5,896 | -€2,720 | -31.6% |
| Trade receivables | 40 | €5,988 | €4,730 | -€1,258 | -21.0% |
| Other amounts receivable | 41 | €2,629 | €1,166 | -€1,463 | -55.6% |
| Cash at bank and in hand | 54/58 | €31,878 | €47,404 | +€15,525 | +48.7% |
| Deferred charges and accrued income | 490/1 | €321 | €1,853 | +€1,532 | +477.7% |
| Total equity and liabilities | 10/49 | €106,159 | €105,444 | -€715 | -0.7% |
| Equity | 10/15 | €29,650 | €30,505 | +€855 | +2.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,650 | €25,505 | +€855 | +3.5% |
| Amounts payable | 17/49 | €76,509 | €74,939 | -€1,570 | -2.1% |
| Amounts payable after more than one year | 17 | €23,230 | €23,230 | = | 0.0% |
| Financial debts | 170/4 | €23,230 | €23,230 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,912 | €43,240 | -€4,672 | -9.8% |
| Trade debts | 44 | €9,969 | €5,349 | -€4,620 | -46.3% |
| Suppliers | 440/4 | €9,969 | €5,349 | -€4,620 | -46.3% |
| Taxes, remuneration and social security | 45 | €500 | €500 | = | 0.0% |
| Taxes | 450/3 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €37,443 | €37,392 | -€52 | -0.1% |
| Accrued charges and deferred income | 492/3 | €5,367 | €8,469 | +€3,102 | +57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,795 | €11,035 | -€2,760 | -20.0% |
| Other operating charges | 640/8 | €816 | €1,956 | +€1,140 | +139.7% |
| Gross operating margin | 9900 | €22,341 | €22,814 | +€472 | +2.1% |
| Operating profit (loss) | 9901 | €7,730 | €9,822 | +€2,092 | +27.1% |
| Financial income | 75/76B | €396 | €84 | -€311 | -78.7% |
| Recurring financial income | 75 | €396 | €84 | -€311 | -78.7% |
| Financial charges | 65/66B | €5,204 | €8,687 | +€3,483 | +66.9% |
| Recurring financial charges | 65 | €5,204 | €8,687 | +€3,483 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | €2,922 | €1,220 | -€1,702 | -58.3% |
| Income taxes | 67/77 | €681 | €365 | -€316 | -46.4% |
| Profit (loss) for the period | 9904 | €2,241 | €855 | -€1,386 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,241 | €855 | -€1,386 | -61.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.