ELEKON: what changed
ELEKON
Largest movements
- Tangible fixed assets -€20,059
down €20,059 (-32.3%), from €62,015 to €41,956
of which Land and buildings: -€12,503
- Cash -€19,499
down €19,499 (-43.9%), from €44,450 to €24,951
mainly Receivables within one year (-€17,513) and Debts after one year (-€11,208)
- Receivables within one year +€17,513
up €17,513 (+147%), from €11,894 to €29,407
of which Trade receivables: +€11,570
- Debts after one year -€11,208
down €11,208 (-38.9%), from €28,792 to €17,584
- Other debts -€7,418
down €7,418 (-17.2%), from €43,060 to €35,641
- Tax, wage and social debts -€4,344
down €4,344 (-82.4%), from €5,273 to €929
- Reserves +€1,826
up €1,826 (+4.2%), from €43,051 to €44,877
- Gross operating margin -€11,277
down €11,277 (-29.6%), from €38,087 to €26,810
- Taxes -€2,091
down €2,091 (-79.9%), from €2,616 to €525
- Depreciation -€832
down €832 (-4.0%), from €20,891 to €20,059
- Financial charges -€745
down €745 (-21.2%), from €3,513 to €2,768
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,856 | €122,989 | -€21,866 | -15.1% |
| Fixed assets | 21/28 | €62,015 | €41,956 | -€20,059 | -32.3% |
| Tangible fixed assets | 22/27 | €62,015 | €41,956 | -€20,059 | -32.3% |
| Land and buildings | 22 | €44,676 | €32,172 | -€12,503 | -28.0% |
| Plant, machinery and equipment | 23 | €3,120 | €2,738 | -€382 | -12.2% |
| Furniture and vehicles | 24 | €14,220 | €7,045 | -€7,175 | -50.5% |
| Current assets | 29/58 | €82,840 | €81,034 | -€1,807 | -2.2% |
| Stocks and contracts in progress | 3 | €4,904 | €4,904 | = | 0.0% |
| Stocks | 30/36 | €4,904 | €4,904 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,894 | €29,407 | +€17,513 | +147% |
| Trade receivables | 40 | €11,894 | €23,464 | +€11,570 | +97.3% |
| Other amounts receivable | 41 | €0 | €5,943 | +€5,943 | |
| Current investments | 50/53 | €20,230 | €20,353 | +€122 | +0.6% |
| Cash at bank and in hand | 54/58 | €44,450 | €24,951 | -€19,499 | -43.9% |
| Deferred charges and accrued income | 490/1 | €1,362 | €1,419 | +€57 | +4.2% |
| Total equity and liabilities | 10/49 | €144,856 | €122,989 | -€21,866 | -15.1% |
| Equity | 10/15 | €55,451 | €57,277 | +€1,826 | +3.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,051 | €44,877 | +€1,826 | +4.2% |
| Distributable reserves | 133 | €43,051 | €44,877 | +€1,826 | +4.2% |
| Amounts payable | 17/49 | €89,405 | €65,713 | -€23,692 | -26.5% |
| Amounts payable after more than one year | 17 | €28,792 | €17,584 | -€11,208 | -38.9% |
| Financial debts | 170/4 | €28,792 | €17,584 | -€11,208 | -38.9% |
| Amounts payable within one year | 42/48 | €60,613 | €48,129 | -€12,484 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €10,813 | €11,208 | +€395 | +3.6% |
| Trade debts | 44 | €1,467 | €351 | -€1,116 | -76.1% |
| Suppliers | 440/4 | €1,467 | €351 | -€1,116 | -76.1% |
| Taxes, remuneration and social security | 45 | €5,273 | €929 | -€4,344 | -82.4% |
| Taxes | 450/3 | €5,273 | €929 | -€4,344 | -82.4% |
| Other amounts payable | 47/48 | €43,060 | €35,641 | -€7,418 | -17.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,891 | €20,059 | -€832 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,794 | €1,850 | +€57 | +3.2% |
| Gross operating margin | 9900 | €38,087 | €26,810 | -€11,277 | -29.6% |
| Operating profit (loss) | 9901 | €15,403 | €4,900 | -€10,502 | -68.2% |
| Financial income | 75/76B | €116 | €218 | +€102 | +88.3% |
| Recurring financial income | 75 | €116 | €218 | +€102 | +88.3% |
| Financial charges | 65/66B | €3,513 | €2,768 | -€745 | -21.2% |
| Recurring financial charges | 65 | €3,513 | €2,768 | -€745 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €12,006 | €2,351 | -€9,655 | -80.4% |
| Income taxes | 67/77 | €2,616 | €525 | -€2,091 | -79.9% |
| Profit (loss) for the period | 9904 | €9,390 | €1,826 | -€7,564 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,390 | €1,826 | -€7,564 | -80.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.