ELEPHANT BIRD CONSULTING: what changed
What changed
ELEPHANT BIRD CONSULTING
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€51,687
2024 · €57,897-€6,209
Equity
€259,233
2024 · €227,239+€31,994
Cash
€137,207
2024 · €84,136+€53,071
Balance sheet total
€645,418
2024 · €624,877+€20,542
Largest movements
Assets
- Cash +€53,071
up €53,071 (+63.1%), from €84,136 to €137,207
mainly Net result for the year (+€51,687) and Depreciation (+€21,446)
- Tangible fixed assets -€17,786
down €17,786 (-3.5%), from €510,402 to €492,616
of which Land and buildings: -€18,180
- Receivables within one year -€14,726
down €14,726 (-50.3%), from €29,280 to €14,554
of which Trade receivables: -€11,401
Equity and liabilities
- Reserves +€31,994
up €31,994 (+15.3%), from €208,639 to €240,633
- Debts after one year -€29,079
down €29,079 (-9.4%), from €308,710 to €279,631
- Other debts +€18,769
up €18,769 (+38.9%), from €48,190 to €66,959
Income statement
- Gross operating margin -€8,990
down €8,990 (-7.6%), from €117,665 to €108,675
- Taxes -€2,231
down €2,231 (-9.7%), from €23,001 to €20,770
- Financial charges -€1,196
down €1,196 (-10.0%), from €11,990 to €10,794
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.
Result 2024
€57,897
Gross operating margin
-€8,990
Depreciation
-€478
Other operating charges
-€158
Financial income
-€11
Financial charges
+€1,196
Taxes
+€2,231
Result 2025
€51,687
raises the resultlowers the result
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.
From operations
+€104,934
Investment
-€3,660
Financing
-€48,203
Cash 2024
€84,136
From operations (derived)
+€104,934
Net result for the year
+€51,687
Depreciation
+€21,446
Receivables within one year
+€14,726
Deferred charges and accrued income
+€18
Trade debts
-€1,347
Tax, wage and social debts
-€1,235
Other debts
+€18,769
Accrued charges and deferred income
+€869
Investment (derived)
-€3,660
Investment in fixed assets (net)
-€3,660
Financing
-€48,203
Debts after one year
-€29,079
Current portion of long-term debt
+€570
Contributions, distributions and other
-€19,694
Cash 2025
€137,207
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €624,877 | €645,418 | +€20,542 | +3.3% |
| Fixed assets | 21/28 | €510,402 | €492,616 | -€17,786 | -3.5% |
| Tangible fixed assets | 22/27 | €510,402 | €492,616 | -€17,786 | -3.5% |
| Land and buildings | 22 | €504,943 | €486,763 | -€18,180 | -3.6% |
| Plant, machinery and equipment | 23 | €1,265 | €332 | -€933 | -73.8% |
| Furniture and vehicles | 24 | €4,195 | €5,522 | +€1,327 | +31.6% |
| Current assets | 29/58 | €114,474 | €152,802 | +€38,327 | +33.5% |
| Amounts receivable within one year | 40/41 | €29,280 | €14,554 | -€14,726 | -50.3% |
| Trade receivables | 40 | €20,381 | €8,980 | -€11,401 | -55.9% |
| Other amounts receivable | 41 | €8,899 | €5,574 | -€3,325 | -37.4% |
| Cash at bank and in hand | 54/58 | €84,136 | €137,207 | +€53,071 | +63.1% |
| Deferred charges and accrued income | 490/1 | €1,058 | €1,040 | -€18 | -1.7% |
| Total equity and liabilities | 10/49 | €624,877 | €645,418 | +€20,542 | +3.3% |
| Equity | 10/15 | €227,239 | €259,233 | +€31,994 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,639 | €240,633 | +€31,994 | +15.3% |
| Distributable reserves | 133 | €208,639 | €240,633 | +€31,994 | +15.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €397,638 | €386,185 | -€11,452 | -2.9% |
| Amounts payable after more than one year | 17 | €308,710 | €279,631 | -€29,079 | -9.4% |
| Financial debts | 170/4 | €308,710 | €279,631 | -€29,079 | -9.4% |
| Amounts payable within one year | 42/48 | €85,476 | €102,234 | +€16,758 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €28,509 | €29,079 | +€570 | +2.0% |
| Trade debts | 44 | €2,272 | €925 | -€1,347 | -59.3% |
| Suppliers | 440/4 | €2,272 | €925 | -€1,347 | -59.3% |
| Taxes, remuneration and social security | 45 | €6,505 | €5,270 | -€1,235 | -19.0% |
| Taxes | 450/3 | €6,505 | €5,270 | -€1,235 | -19.0% |
| Other amounts payable | 47/48 | €48,190 | €66,959 | +€18,769 | +38.9% |
| Accrued charges and deferred income | 492/3 | €3,452 | €4,321 | +€869 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,968 | €21,446 | +€478 | +2.3% |
| Other operating charges | 640/8 | €3,819 | €3,977 | +€158 | +4.1% |
| Gross operating margin | 9900 | €117,665 | €108,675 | -€8,990 | -7.6% |
| Operating profit (loss) | 9901 | €92,877 | €83,252 | -€9,626 | -10.4% |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.8% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.8% |
| Financial charges | 65/66B | €11,990 | €10,794 | -€1,196 | -10.0% |
| Recurring financial charges | 65 | €11,990 | €10,794 | -€1,196 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €80,898 | €72,457 | -€8,440 | -10.4% |
| Income taxes | 67/77 | €23,001 | €20,770 | -€2,231 | -9.7% |
| Profit (loss) for the period | 9904 | €57,897 | €51,687 | -€6,209 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,897 | €51,687 | -€6,209 | -10.7% |
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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 3 November 2026 via checked.be.