ELEGRIA: 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.
ELEGRIA
Largest movements
- Tangible fixed assets -€30,539
down €30,539 (-7.9%), from €384,154 to €353,615
of which Furniture and vehicles: -€15,957
- Cash +€27,476
up €27,476 (+215.6%), from €12,743 to €40,219
mainly Net result for the year (+€36,410) and Depreciation (+€31,341)
- Receivables within one year -€14,914
down €14,914 (-41.8%), from €35,639 to €20,725
- Debts after one year -€35,991
down €35,991 (-18.7%), from €192,361 to €156,370
- Reserves +€35,577
up €35,577 (+22.2%), from €159,914 to €195,491
- Tax, wage and social debts -€16,174
down €16,174 (-31.3%), from €51,694 to €35,520
of which Taxes: -€16,378
- Depreciation +€7,478
up €7,478 (+31.3%), from €23,863 to €31,341
- Gross operating margin -€7,155
down €7,155 (-5.8%), from €123,980 to €116,826
- Staff costs +€6,316
up €6,316 (+37.0%), from €17,054 to €23,371
- Taxes -€4,114
down €4,114 (-25.9%), from €15,872 to €11,758
- Financial charges -€2,664
down €2,664 (-23.2%), from €11,471 to €8,807
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 | €434,580 | €416,351 | -€18,230 | -4.2% |
| Fixed assets | 21/28 | €384,154 | €353,615 | -€30,539 | -7.9% |
| Tangible fixed assets | 22/27 | €384,154 | €353,615 | -€30,539 | -7.9% |
| Land and buildings | 22 | €322,628 | €306,745 | -€15,883 | -4.9% |
| Furniture and vehicles | 24 | €61,526 | €45,569 | -€15,957 | -25.9% |
| Other tangible fixed assets | 26 | - | €1,300 | +€1,300 | |
| Current assets | 29/58 | €50,427 | €62,736 | +€12,310 | +24.4% |
| Amounts receivable within one year | 40/41 | €35,639 | €20,725 | -€14,914 | -41.8% |
| Trade receivables | 40 | €35,639 | €20,725 | -€14,914 | -41.8% |
| Cash at bank and in hand | 54/58 | €12,743 | €40,219 | +€27,476 | +215.6% |
| Deferred charges and accrued income | 490/1 | €2,044 | €1,792 | -€252 | -12.3% |
| Total equity and liabilities | 10/49 | €434,580 | €416,351 | -€18,230 | -4.2% |
| Equity | 10/15 | €163,914 | €199,491 | +€35,577 | +21.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €159,914 | €195,491 | +€35,577 | +22.2% |
| Distributable reserves | 133 | €159,914 | €195,491 | +€35,577 | +22.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €270,666 | €216,860 | -€53,807 | -19.9% |
| Amounts payable after more than one year | 17 | €192,361 | €156,370 | -€35,991 | -18.7% |
| Financial debts | 170/4 | €192,361 | €156,370 | -€35,991 | -18.7% |
| Amounts payable within one year | 42/48 | €73,026 | €56,426 | -€16,600 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €15,338 | €15,991 | +€653 | +4.3% |
| Trade debts | 44 | €1,331 | €0 | -€1,331 | -100.0% |
| Suppliers | 440/4 | €1,331 | €0 | -€1,331 | -100.0% |
| Taxes, remuneration and social security | 45 | €51,694 | €35,520 | -€16,174 | -31.3% |
| Taxes | 450/3 | €48,847 | €32,469 | -€16,378 | -33.5% |
| Remuneration and social security | 454/9 | €2,847 | €3,051 | +€204 | +7.2% |
| Other amounts payable | 47/48 | €4,663 | €4,915 | +€253 | +5.4% |
| Accrued charges and deferred income | 492/3 | €5,280 | €4,064 | -€1,216 | -23.0% |
| Remuneration, social security and pensions | 62 | €17,054 | €23,371 | +€6,316 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,863 | €31,341 | +€7,478 | +31.3% |
| Other operating charges | 640/8 | €668 | €618 | -€50 | -7.5% |
| Non-recurring operating charges | 66A | €399 | €4,562 | +€4,163 | +1043.4% |
| Gross operating margin | 9900 | €123,980 | €116,826 | -€7,155 | -5.8% |
| Operating profit (loss) | 9901 | €81,995 | €56,933 | -€25,062 | -30.6% |
| Financial income | 75/76B | €71 | €42 | -€30 | -41.7% |
| Recurring financial income | 75 | €71 | €42 | -€30 | -41.7% |
| Financial charges | 65/66B | €11,471 | €8,807 | -€2,664 | -23.2% |
| Recurring financial charges | 65 | €11,471 | €8,807 | -€2,664 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €70,596 | €48,168 | -€22,427 | -31.8% |
| Income taxes | 67/77 | €15,872 | €11,758 | -€4,114 | -25.9% |
| Profit (loss) for the period | 9904 | €54,723 | €36,410 | -€18,313 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,723 | €36,410 | -€18,313 | -33.5% |
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 11 October 2026 via checked.be.