ELEGHEERT CONSULTING: 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.
ELEGHEERT CONSULTING
Largest movements
- Receivables within one year +€73,755
up €73,755 (+66.9%), from €110,278 to €184,033
of which Trade receivables: +€53,327
- Cash -€43,175
down €43,175 (-66.5%), from €64,959 to €21,783
mainly Contributions, distributions and other (-€476,471) and Debts after one year (-€177,082)
- Tangible fixed assets -€32,217
down €32,217 (-4.9%), from €658,607 to €626,390
of which Land and buildings: -€31,905
- Other debts +€352,916
up €352,916 (+731%), from €48,266 to €401,182
- Reserves -€191,906
down €191,906 (-49.3%), from €389,014 to €197,108
- Debts after one year -€177,082
down €177,082 (-55.4%), from €319,612 to €142,531
- Tax, wage and social debts +€27,901
up €27,901 (+114%), from €24,415 to €52,316
of which Taxes: +€21,901
- Current portion of long-term debt -€16,124
down €16,124 (-48.3%), from €33,400 to €17,276
- Gross operating margin +€63,783
up €63,783 (+17.6%), from €363,221 to €427,004
- Taxes +€23,447
up €23,447 (+27.4%), from €85,643 to €109,090
- Financial income +€20,425
new in 2025: €20,425
- Depreciation +€5,426
up €5,426 (+18.9%), from €28,733 to €34,159
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 | €835,851 | €832,887 | -€2,965 | -0.4% |
| Fixed assets | 21/28 | €658,607 | €626,390 | -€32,217 | -4.9% |
| Tangible fixed assets | 22/27 | €658,607 | €626,390 | -€32,217 | -4.9% |
| Land and buildings | 22 | €653,748 | €621,844 | -€31,905 | -4.9% |
| Furniture and vehicles | 24 | €2,031 | €2,898 | +€868 | +42.7% |
| Other tangible fixed assets | 26 | €2,828 | €1,648 | -€1,180 | -41.7% |
| Current assets | 29/58 | €177,244 | €206,497 | +€29,252 | +16.5% |
| Amounts receivable within one year | 40/41 | €110,278 | €184,033 | +€73,755 | +66.9% |
| Trade receivables | 40 | €108,921 | €162,248 | +€53,327 | +49.0% |
| Other amounts receivable | 41 | €1,357 | €21,785 | +€20,429 | +1,506% |
| Cash at bank and in hand | 54/58 | €64,959 | €21,783 | -€43,175 | -66.5% |
| Deferred charges and accrued income | 490/1 | €2,008 | €680 | -€1,328 | -66.1% |
| Total equity and liabilities | 10/49 | €835,851 | €832,887 | -€2,965 | -0.4% |
| Equity | 10/15 | €407,614 | €215,708 | -€191,906 | -47.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €389,014 | €197,108 | -€191,906 | -49.3% |
| Distributable reserves | 133 | €389,014 | €197,108 | -€191,906 | -49.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €428,237 | €617,179 | +€188,941 | +44.1% |
| Amounts payable after more than one year | 17 | €319,612 | €142,531 | -€177,082 | -55.4% |
| Financial debts | 170/4 | €319,612 | €142,531 | -€177,082 | -55.4% |
| Amounts payable within one year | 42/48 | €108,625 | €474,648 | +€366,023 | +337% |
| Current portion of amounts payable after more than one year | 42 | €33,400 | €17,276 | -€16,124 | -48.3% |
| Financial debts | 43 | €1,297 | €1,541 | +€244 | +18.8% |
| Credit institutions | 430/8 | €1,297 | €1,541 | +€244 | +18.8% |
| Trade debts | 44 | €1,246 | €2,332 | +€1,086 | +87.1% |
| Suppliers | 440/4 | €1,246 | €2,332 | +€1,086 | +87.1% |
| Taxes, remuneration and social security | 45 | €24,415 | €52,316 | +€27,901 | +114% |
| Taxes | 450/3 | €22,615 | €44,516 | +€21,901 | +96.8% |
| Remuneration and social security | 454/9 | €1,800 | €7,800 | +€6,000 | +333% |
| Other amounts payable | 47/48 | €48,266 | €401,182 | +€352,916 | +731% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,733 | €34,159 | +€5,426 | +18.9% |
| Other operating charges | 640/8 | €2,134 | €2,472 | +€338 | +15.8% |
| Gross operating margin | 9900 | €363,221 | €427,004 | +€63,783 | +17.6% |
| Operating profit (loss) | 9901 | €332,355 | €390,374 | +€58,019 | +17.5% |
| Financial income | 75/76B | - | €20,425 | +€20,425 | |
| Recurring financial income | 75 | - | €20,425 | +€20,425 | |
| Financial charges | 65/66B | €18,463 | €17,144 | -€1,319 | -7.1% |
| Recurring financial charges | 65 | €18,463 | €17,144 | -€1,319 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €313,892 | €393,655 | +€79,763 | +25.4% |
| Income taxes | 67/77 | €85,643 | €109,090 | +€23,447 | +27.4% |
| Profit (loss) for the period | 9904 | €228,248 | €284,564 | +€56,316 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €228,248 | €284,564 | +€56,316 | +24.7% |
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 1 November 2026 via checked.be.