ELEGAST IO: 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.
ELEGAST IO
Largest movements
- Cash -€54,903
down €54,903 (-56.5%), from €97,163 to €42,261
mainly Contributions, distributions and other (-€100,000) and Other debts (-€26,202)
- Tangible fixed assets -€7,887
down €7,887 (-22.0%), from €35,833 to €27,946
of which Furniture and vehicles: -€8,792
- Receivables within one year +€1,692
up €1,692 (+11.7%), from €14,445 to €16,137
of which Trade receivables: +€1,325
- Profit (loss) carried forward -€26,887
down €26,887 (-44.8%), from €60,019 to €33,132
- Other debts -€26,202
down €26,202 (-49.5%), from €52,975 to €26,774
- Debts after one year -€7,783
down €7,783 (-66.0%), from €11,787 to €4,004
- Gross operating margin -€4,677
down €4,677 (-4.3%), from €109,911 to €105,234
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 | €148,765 | €87,503 | -€61,261 | -41.2% |
| Fixed assets | 21/28 | €35,833 | €27,946 | -€7,887 | -22.0% |
| Tangible fixed assets | 22/27 | €35,833 | €27,946 | -€7,887 | -22.0% |
| Plant, machinery and equipment | 23 | €698 | €1,603 | +€905 | +130% |
| Furniture and vehicles | 24 | €35,135 | €26,343 | -€8,792 | -25.0% |
| Current assets | 29/58 | €112,932 | €59,557 | -€53,374 | -47.3% |
| Amounts receivable within one year | 40/41 | €14,445 | €16,137 | +€1,692 | +11.7% |
| Trade receivables | 40 | €13,691 | €15,016 | +€1,325 | +9.7% |
| Other amounts receivable | 41 | €754 | €1,121 | +€367 | +48.7% |
| Cash at bank and in hand | 54/58 | €97,163 | €42,261 | -€54,903 | -56.5% |
| Deferred charges and accrued income | 490/1 | €1,323 | €1,159 | -€164 | -12.4% |
| Total equity and liabilities | 10/49 | €148,765 | €87,503 | -€61,261 | -41.2% |
| Equity | 10/15 | €66,019 | €39,132 | -€26,887 | -40.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,019 | €33,132 | -€26,887 | -44.8% |
| Amounts payable | 17/49 | €82,746 | €48,371 | -€34,374 | -41.5% |
| Amounts payable after more than one year | 17 | €11,787 | €4,004 | -€7,783 | -66.0% |
| Financial debts | 170/4 | €11,787 | €4,004 | -€7,783 | -66.0% |
| Amounts payable within one year | 42/48 | €70,514 | €43,856 | -€26,658 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €7,493 | €7,783 | +€290 | +3.9% |
| Trade debts | 44 | €238 | €522 | +€284 | +119% |
| Suppliers | 440/4 | €238 | €522 | +€284 | +119% |
| Taxes, remuneration and social security | 45 | €9,807 | €8,777 | -€1,031 | -10.5% |
| Taxes | 450/3 | €9,807 | €8,777 | -€1,031 | -10.5% |
| Other amounts payable | 47/48 | €52,975 | €26,774 | -€26,202 | -49.5% |
| Accrued charges and deferred income | 492/3 | €445 | €512 | +€67 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,811 | €11,497 | +€685 | +6.3% |
| Other operating charges | 640/8 | €1,122 | €1,228 | +€106 | +9.5% |
| Gross operating margin | 9900 | €109,911 | €105,234 | -€4,677 | -4.3% |
| Operating profit (loss) | 9901 | €97,978 | €92,510 | -€5,469 | -5.6% |
| Financial income | 75/76B | €0 | €254 | +€254 | +1,270,500% |
| Recurring financial income | 75 | €0 | €254 | +€254 | +1,270,500% |
| Financial charges | 65/66B | €991 | €772 | -€219 | -22.1% |
| Recurring financial charges | 65 | €991 | €772 | -€219 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €96,988 | €91,992 | -€4,996 | -5.2% |
| Income taxes | 67/77 | €19,860 | €18,879 | -€981 | -4.9% |
| Profit (loss) for the period | 9904 | €77,128 | €73,113 | -€4,015 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,128 | €73,113 | -€4,015 | -5.2% |
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 14 October 2026 via checked.be.