ELEGA CONSTRUCTION: 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.
ELEGA CONSTRUCTION
Largest movements
- Tangible fixed assets +€20,344
up €20,344 (+392%), from €5,194 to €25,538
of which Other tangible fixed assets: +€19,000
- Receivables within one year +€6,717
up €6,717 (+149%), from €4,499 to €11,216
- Cash -€1,378
down €1,378 (-4.0%), from €34,076 to €32,698
mainly Contributions, distributions and other (-€40,000) and Investment in fixed assets (net) (-€26,304)
- Other debts +€33,298
up €33,298 (+2,227%), from €1,495 to €34,794
- Reserves -€19,427
down €19,427 (-66.3%), from €29,300 to €9,873
- Tax, wage and social debts +€9,330
up €9,330 (+114%), from €8,194 to €17,524
- Trade debts +€2,022
up €2,022 (+74.0%), from €2,734 to €4,756
- Gross operating margin +€9,127
up €9,127 (+36.2%), from €25,206 to €34,333
- Depreciation +€2,293
up €2,293 (+62.5%), from €3,667 to €5,960
- Taxes +€1,300
up €1,300 (+23.1%), from €5,634 to €6,934
- Other operating charges +€492
up €492 (+101%), from €487 to €979
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 | €44,723 | €69,947 | +€25,224 | +56.4% |
| Fixed assets | 21/28 | €5,194 | €25,538 | +€20,344 | +392% |
| Tangible fixed assets | 22/27 | €5,194 | €25,538 | +€20,344 | +392% |
| Furniture and vehicles | 24 | €5,194 | €6,538 | +€1,344 | +25.9% |
| Other tangible fixed assets | 26 | - | €19,000 | +€19,000 | |
| Current assets | 29/58 | €39,529 | €44,409 | +€4,880 | +12.3% |
| Stocks and contracts in progress | 3 | €439 | - | -€439 | |
| Stocks | 30/36 | €439 | - | -€439 | |
| Amounts receivable within one year | 40/41 | €4,499 | €11,216 | +€6,717 | +149% |
| Trade receivables | 40 | €4,499 | €11,216 | +€6,717 | +149% |
| Cash at bank and in hand | 54/58 | €34,076 | €32,698 | -€1,378 | -4.0% |
| Deferred charges and accrued income | 490/1 | €515 | €495 | -€20 | -3.9% |
| Total equity and liabilities | 10/49 | €44,723 | €69,947 | +€25,224 | +56.4% |
| Equity | 10/15 | €32,300 | €12,873 | -€19,427 | -60.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,300 | €9,873 | -€19,427 | -66.3% |
| Distributable reserves | 133 | €29,300 | €9,873 | -€19,427 | -66.3% |
| Amounts payable | 17/49 | €12,423 | €57,074 | +€44,651 | +359% |
| Amounts payable within one year | 42/48 | €12,423 | €57,074 | +€44,651 | +359% |
| Trade debts | 44 | €2,734 | €4,756 | +€2,022 | +74.0% |
| Suppliers | 440/4 | €2,734 | €4,756 | +€2,022 | +74.0% |
| Taxes, remuneration and social security | 45 | €8,194 | €17,524 | +€9,330 | +114% |
| Taxes | 450/3 | €8,194 | €17,524 | +€9,330 | +114% |
| Other amounts payable | 47/48 | €1,495 | €34,794 | +€33,298 | +2,227% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,667 | €5,960 | +€2,293 | +62.5% |
| Other operating charges | 640/8 | €487 | €979 | +€492 | +101% |
| Gross operating margin | 9900 | €25,206 | €34,333 | +€9,127 | +36.2% |
| Operating profit (loss) | 9901 | €21,052 | €27,394 | +€6,342 | +30.1% |
| Financial income | 75/76B | €97 | €159 | +€62 | +63.7% |
| Recurring financial income | 75 | €97 | €159 | +€62 | +63.7% |
| Financial charges | 65/66B | €35 | €46 | +€11 | +31.9% |
| Recurring financial charges | 65 | €35 | €46 | +€11 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €21,114 | €27,507 | +€6,393 | +30.3% |
| Income taxes | 67/77 | €5,634 | €6,934 | +€1,300 | +23.1% |
| Profit (loss) for the period | 9904 | €15,480 | €20,573 | +€5,093 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,480 | €20,573 | +€5,093 | +32.9% |
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.