Elentarii: 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.
Elentarii
Largest movements
- Cash -€142,352
down €142,352 (-83.3%), from €170,829 to €28,476
mainly Other debts (-€145,000) and Tax, wage and social debts (-€44,770)
- Tangible fixed assets +€8,194
up €8,194 (+909%), from €901 to €9,096
- Receivables within one year +€7,649
up €7,649 (+8.9%), from €85,994 to €93,643
of which Trade receivables: +€23,632
- Other debts -€145,000
down €145,000 (-100%), from €145,000 to €0
- Profit (loss) carried forward +€47,300
up €47,300 (+75.3%), from €62,852 to €110,152
- Tax, wage and social debts -€44,770
down €44,770 (-95.0%), from €47,135 to €2,365
- Trade debts +€15,294
up €15,294 (+746%), from €2,049 to €17,343
- Gross operating margin -€29,301
down €29,301 (-31.7%), from €92,485 to €63,184
- Taxes -€6,572
down €6,572 (-34.0%), from €19,345 to €12,773
- Depreciation +€2,023
up €2,023 (+442%), from €458 to €2,481
- Other operating charges +€1,466
up €1,466, from €0 to €1,466
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 | €258,636 | €132,116 | -€126,520 | -48.9% |
| Fixed assets | 21/28 | €901 | €9,096 | +€8,194 | +909% |
| Tangible fixed assets | 22/27 | €901 | €9,096 | +€8,194 | +909% |
| Furniture and vehicles | 24 | €901 | €9,096 | +€8,194 | +909% |
| Current assets | 29/58 | €257,735 | €123,021 | -€134,714 | -52.3% |
| Amounts receivable within one year | 40/41 | €85,994 | €93,643 | +€7,649 | +8.9% |
| Trade receivables | 40 | €55,842 | €79,473 | +€23,632 | +42.3% |
| Other amounts receivable | 41 | €30,152 | €14,170 | -€15,982 | -53.0% |
| Cash at bank and in hand | 54/58 | €170,829 | €28,476 | -€142,352 | -83.3% |
| Deferred charges and accrued income | 490/1 | €913 | €901 | -€11 | -1.2% |
| Total equity and liabilities | 10/49 | €258,636 | €132,116 | -€126,520 | -48.9% |
| Equity | 10/15 | €64,452 | €111,752 | +€47,300 | +73.4% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,852 | €110,152 | +€47,300 | +75.3% |
| Amounts payable | 17/49 | €194,184 | €20,364 | -€173,820 | -89.5% |
| Amounts payable within one year | 42/48 | €194,184 | €19,708 | -€174,476 | -89.9% |
| Trade debts | 44 | €2,049 | €17,343 | +€15,294 | +746% |
| Suppliers | 440/4 | €2,049 | €17,343 | +€15,294 | +746% |
| Taxes, remuneration and social security | 45 | €47,135 | €2,365 | -€44,770 | -95.0% |
| Taxes | 450/3 | €47,135 | €2,365 | -€44,770 | -95.0% |
| Other amounts payable | 47/48 | €145,000 | €0 | -€145,000 | -100% |
| Accrued charges and deferred income | 492/3 | - | €656 | +€656 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €458 | €2,481 | +€2,023 | +442% |
| Other operating charges | 640/8 | €0 | €1,466 | +€1,466 | |
| Gross operating margin | 9900 | €92,485 | €63,184 | -€29,301 | -31.7% |
| Operating profit (loss) | 9901 | €92,027 | €59,236 | -€32,790 | -35.6% |
| Financial income | 75/76B | €914 | €1,197 | +€284 | +31.0% |
| Recurring financial income | 75 | €914 | €1,197 | +€284 | +31.0% |
| Financial charges | 65/66B | €559 | €361 | -€199 | -35.5% |
| Recurring financial charges | 65 | €559 | €361 | -€199 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €92,381 | €60,073 | -€32,308 | -35.0% |
| Income taxes | 67/77 | €19,345 | €12,773 | -€6,572 | -34.0% |
| Profit (loss) for the period | 9904 | €73,036 | €47,300 | -€25,736 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,036 | €47,300 | -€25,736 | -35.2% |
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 19 October 2026 via checked.be.