Elephant Consult: 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.
Elephant Consult
Largest movements
- Receivables within one year +€13,489
up €13,489 (+98.1%), from €13,751 to €27,240
- Cash +€8,277
up €8,277 (+86.3%), from €9,587 to €17,863
mainly Other debts (+€9,798) and Tax, wage and social debts (+€7,472)
- Other debts +€9,798
new in 2025: €9,798
- Tax, wage and social debts +€7,472
up €7,472 (+107%), from €6,953 to €14,425
of which Remuneration and social security: +€9,608
- Reserves +€2,925
up €2,925 (+20.1%), from €14,550 to €17,474
- Profit (loss) carried forward +€1,102
up €1,102, from -€1,102 to €0
- Trade debts +€470
up €470 (+15.8%), from €2,964 to €3,434
- Gross operating margin +€6,628
up €6,628, from -€1,043 to €5,585
- Taxes +€879
new in 2025: €879
- Other operating charges +€457
new in 2025: €457
- Financial charges +€164
up €164 (+278%), from €59 to €223
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 | €23,366 | €45,132 | +€21,766 | +93.2% |
| Current assets | 29/58 | €23,366 | €45,132 | +€21,766 | +93.2% |
| Amounts receivable within one year | 40/41 | €13,751 | €27,240 | +€13,489 | +98.1% |
| Trade receivables | 40 | €13,751 | €27,240 | +€13,489 | +98.1% |
| Cash at bank and in hand | 54/58 | €9,587 | €17,863 | +€8,277 | +86.3% |
| Deferred charges and accrued income | 490/1 | €28 | €28 | +€1 | +2.5% |
| Total equity and liabilities | 10/49 | €23,366 | €45,132 | +€21,766 | +93.2% |
| Equity | 10/15 | €13,448 | €17,474 | +€4,027 | +29.9% |
| Reserves | 13 | €14,550 | €17,474 | +€2,925 | +20.1% |
| Distributable reserves | 133 | €14,550 | €17,474 | +€2,925 | +20.1% |
| Profit (loss) carried forward | 14 | -€1,102 | €0 | +€1,102 | |
| Amounts payable | 17/49 | €9,918 | €27,658 | +€17,740 | +179% |
| Amounts payable within one year | 42/48 | €9,918 | €27,658 | +€17,740 | +179% |
| Trade debts | 44 | €2,964 | €3,434 | +€470 | +15.8% |
| Suppliers | 440/4 | €2,964 | €3,434 | +€470 | +15.8% |
| Taxes, remuneration and social security | 45 | €6,953 | €14,425 | +€7,472 | +107% |
| Taxes | 450/3 | €6,953 | €4,817 | -€2,136 | -30.7% |
| Remuneration and social security | 454/9 | - | €9,608 | +€9,608 | |
| Other amounts payable | 47/48 | - | €9,798 | +€9,798 | |
| Other operating charges | 640/8 | - | €457 | +€457 | |
| Gross operating margin | 9900 | -€1,043 | €5,585 | +€6,628 | |
| Operating profit (loss) | 9901 | -€1,043 | €5,128 | +€6,172 | |
| Financial charges | 65/66B | €59 | €223 | +€164 | +278% |
| Recurring financial charges | 65 | €59 | €223 | +€164 | +278% |
| Profit (loss) for the period before taxes | 9903 | -€1,102 | €4,906 | +€6,008 | |
| Income taxes | 67/77 | - | €879 | +€879 | |
| Profit (loss) for the period | 9904 | -€1,102 | €4,027 | +€5,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,102 | €4,027 | +€5,129 |
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 17 October 2026 via checked.be.