ELEGION: 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.
ELEGION
Largest movements
- Intangible fixed assets -€4,400
down €4,400 (-35.1%), from €12,550 to €8,150
- Receivables within one year +€4,393
up €4,393 (+25.5%), from €17,214 to €21,607
of which Trade receivables: +€4,360
- Tangible fixed assets -€1,840
no longer reported in 2025 (was €1,840)
- Deferred charges and accrued income +€1,438
up €1,438 (+252%), from €571 to €2,009
- Cash +€375
up €375 (+1,261%), from €30 to €405
mainly Other debts (+€11,748) and Depreciation (+€6,240)
- Other debts +€11,748
up €11,748 (+150%), from €7,820 to €19,568
- Profit (loss) carried forward -€7,021
down €7,021 (-56.0%), from €12,529 to €5,507
- Trade debts -€2,452
down €2,452 (-96.3%), from €2,546 to €94
- Tax, wage and social debts -€1,969
down €1,969 (-17.3%), from €11,396 to €9,427
- Depreciation +€3,424
up €3,424 (+122%), from €2,816 to €6,240
- Gross operating margin +€2,287
up €2,287 (+19.2%), from €11,917 to €14,204
- Taxes -€639
down €639 (-24.5%), from €2,607 to €1,968
- Other operating charges -€604
down €604 (-74.0%), from €816 to €212
- Financial charges +€277
new in 2025: €277
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 | €34,790 | €35,096 | +€306 | +0.9% |
| Fixed assets | 21/28 | €15,291 | €9,050 | -€6,240 | -40.8% |
| Intangible fixed assets | 21 | €12,550 | €8,150 | -€4,400 | -35.1% |
| Tangible fixed assets | 22/27 | €1,840 | - | -€1,840 | |
| Furniture and vehicles | 24 | €1,840 | - | -€1,840 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €19,499 | €26,046 | +€6,546 | +33.6% |
| Amounts receivable after more than one year | 29 | €1,685 | €2,025 | +€340 | +20.2% |
| Other amounts receivable | 291 | €1,685 | €2,025 | +€340 | +20.2% |
| Amounts receivable within one year | 40/41 | €17,214 | €21,607 | +€4,393 | +25.5% |
| Trade receivables | 40 | €16,214 | €20,574 | +€4,360 | +26.9% |
| Other amounts receivable | 41 | €1,000 | €1,032 | +€32 | +3.2% |
| Cash at bank and in hand | 54/58 | €30 | €405 | +€375 | +1,261% |
| Deferred charges and accrued income | 490/1 | €571 | €2,009 | +€1,438 | +252% |
| Total equity and liabilities | 10/49 | €34,790 | €35,096 | +€306 | +0.9% |
| Equity | 10/15 | €13,029 | €6,007 | -€7,021 | -53.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,529 | €5,507 | -€7,021 | -56.0% |
| Amounts payable | 17/49 | €21,761 | €29,089 | +€7,327 | +33.7% |
| Amounts payable within one year | 42/48 | €21,761 | €29,089 | +€7,327 | +33.7% |
| Trade debts | 44 | €2,546 | €94 | -€2,452 | -96.3% |
| Suppliers | 440/4 | €2,546 | €94 | -€2,452 | -96.3% |
| Taxes, remuneration and social security | 45 | €11,396 | €9,427 | -€1,969 | -17.3% |
| Taxes | 450/3 | €11,396 | €9,427 | -€1,969 | -17.3% |
| Other amounts payable | 47/48 | €7,820 | €19,568 | +€11,748 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,816 | €6,240 | +€3,424 | +122% |
| Other operating charges | 640/8 | €816 | €212 | -€604 | -74.0% |
| Gross operating margin | 9900 | €11,917 | €14,204 | +€2,287 | +19.2% |
| Operating profit (loss) | 9901 | €8,285 | €7,752 | -€533 | -6.4% |
| Financial charges | 65/66B | - | €277 | +€277 | |
| Recurring financial charges | 65 | - | €277 | +€277 | |
| Profit (loss) for the period before taxes | 9903 | €8,285 | €7,475 | -€810 | -9.8% |
| Income taxes | 67/77 | €2,607 | €1,968 | -€639 | -24.5% |
| Profit (loss) for the period | 9904 | €5,678 | €5,507 | -€171 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,678 | €5,507 | -€171 | -3.0% |
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 19 October 2026 via checked.be.