ELENI NERANTZAKI: 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.
ELENI NERANTZAKI
Largest movements
- Receivables within one year -€64,115
down €64,115 (-71.1%), from €90,203 to €26,088
of which Other amounts receivable: -€68,635
- Cash -€2,721
down €2,721 (-9.4%), from €28,889 to €26,168
mainly Other debts (-€52,032) and Contributions, distributions and other (-€37,063)
- Tangible fixed assets +€2,353
up €2,353 (+68.2%), from €3,452 to €5,805
- Other debts -€52,032
down €52,032 (-62.3%), from €83,535 to €31,503
- Tax, wage and social debts -€13,652
down €13,652 (-71.1%), from €19,212 to €5,559
- Trade debts +€1,290
up €1,290 (+502%), from €257 to €1,547
- Gross operating margin -€9,096
down €9,096 (-15.5%), from €58,851 to €49,755
- Taxes -€2,228
down €2,228 (-18.7%), from €11,912 to €9,684
- Other operating charges +€961
up €961, from €0 to €961
- Depreciation -€834
down €834 (-41.9%), from €1,989 to €1,155
- Financial charges +€720
up €720 (+313%), from €230 to €950
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 | €123,170 | €58,720 | -€64,450 | -52.3% |
| Fixed assets | 21/28 | €3,502 | €5,855 | +€2,353 | +67.2% |
| Tangible fixed assets | 22/27 | €3,452 | €5,805 | +€2,353 | +68.2% |
| Furniture and vehicles | 24 | €3,452 | €5,805 | +€2,353 | +68.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €119,668 | €52,865 | -€66,802 | -55.8% |
| Amounts receivable within one year | 40/41 | €90,203 | €26,088 | -€64,115 | -71.1% |
| Trade receivables | 40 | €9,450 | €13,970 | +€4,520 | +47.8% |
| Other amounts receivable | 41 | €80,753 | €12,118 | -€68,635 | -85.0% |
| Cash at bank and in hand | 54/58 | €28,889 | €26,168 | -€2,721 | -9.4% |
| Deferred charges and accrued income | 490/1 | €575 | €609 | +€34 | +5.9% |
| Total equity and liabilities | 10/49 | €123,170 | €58,720 | -€64,450 | -52.3% |
| Equity | 10/15 | €20,166 | €20,110 | -€56 | -0.3% |
| Contributions | 10/11 | €110 | €110 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56 | €0 | -€56 | -100% |
| Amounts payable | 17/49 | €103,004 | €38,610 | -€64,394 | -62.5% |
| Amounts payable within one year | 42/48 | €103,004 | €38,610 | -€64,394 | -62.5% |
| Trade debts | 44 | €257 | €1,547 | +€1,290 | +502% |
| Suppliers | 440/4 | €257 | €1,547 | +€1,290 | +502% |
| Taxes, remuneration and social security | 45 | €19,212 | €5,559 | -€13,652 | -71.1% |
| Taxes | 450/3 | €19,212 | €5,559 | -€13,652 | -71.1% |
| Other amounts payable | 47/48 | €83,535 | €31,503 | -€52,032 | -62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,989 | €1,155 | -€834 | -41.9% |
| Other operating charges | 640/8 | €0 | €961 | +€961 | |
| Gross operating margin | 9900 | €58,851 | €49,755 | -€9,096 | -15.5% |
| Operating profit (loss) | 9901 | €56,863 | €47,640 | -€9,223 | -16.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €230 | €950 | +€720 | +313% |
| Recurring financial charges | 65 | €230 | €950 | +€720 | +313% |
| Profit (loss) for the period before taxes | 9903 | €56,633 | €46,690 | -€9,942 | -17.6% |
| Income taxes | 67/77 | €11,912 | €9,684 | -€2,228 | -18.7% |
| Profit (loss) for the period | 9904 | €44,720 | €37,007 | -€7,714 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,720 | €37,007 | -€7,714 | -17.2% |
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 25 October 2026 via checked.be.