ELEPHANTUS: 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.
ELEPHANTUS
Largest movements
- Deferred charges and accrued income -€37,689
down €37,689 (-96.8%), from €38,917 to €1,227
- Cash +€22,047
up €22,047 (+58.5%), from €37,719 to €59,766
mainly Deferred charges and accrued income (+€37,689) and Net result for the year (+€12,543)
- Receivables within one year +€2,086
up €2,086 (+7.1%), from €29,356 to €31,442
- Tangible fixed assets -€1,602
down €1,602 (-33.0%), from €4,858 to €3,256
of which Plant, machinery and equipment: -€1,372
- Other debts -€18,638
down €18,638 (-58.7%), from €31,727 to €13,089
- Tax, wage and social debts +€6,466
up €6,466 (+57.9%), from €11,161 to €17,628
- Reserves -€4,269
down €4,269 (-6.6%), from €64,800 to €60,531
- Trade debts +€1,531
up €1,531 (+54.4%), from €2,814 to €4,345
- Gross operating margin +€10,091
up €10,091 (+53.8%), from €18,765 to €28,857
- Depreciation +€2,858
up €2,858 (+98.8%), from €2,894 to €5,752
- Other operating charges +€2,150
up €2,150 (+301.8%), from €712 to €2,862
- Financial income +€494
up €494 (+536.5%), from €92 to €586
- Taxes +€476
up €476 (+6.4%), from €7,425 to €7,901
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.
Cash bridge derived
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 | €110,850 | €95,692 | -€15,158 | -13.7% |
| Fixed assets | 21/28 | €4,858 | €3,256 | -€1,602 | -33.0% |
| Tangible fixed assets | 22/27 | €4,858 | €3,256 | -€1,602 | -33.0% |
| Plant, machinery and equipment | 23 | €2,712 | €1,340 | -€1,372 | -50.6% |
| Other tangible fixed assets | 26 | €2,147 | €1,917 | -€230 | -10.7% |
| Current assets | 29/58 | €105,992 | €92,436 | -€13,556 | -12.8% |
| Amounts receivable within one year | 40/41 | €29,356 | €31,442 | +€2,086 | +7.1% |
| Trade receivables | 40 | €29,356 | €31,442 | +€2,086 | +7.1% |
| Cash at bank and in hand | 54/58 | €37,719 | €59,766 | +€22,047 | +58.5% |
| Deferred charges and accrued income | 490/1 | €38,917 | €1,227 | -€37,689 | -96.8% |
| Total equity and liabilities | 10/49 | €110,850 | €95,692 | -€15,158 | -13.7% |
| Equity | 10/15 | €65,088 | €60,631 | -€4,457 | -6.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | - | -€100 | |
| Other | 1109/19 | €100 | - | -€100 | |
| Reserves | 13 | €64,800 | €60,531 | -€4,269 | -6.6% |
| Distributable reserves | 133 | €64,800 | €60,531 | -€4,269 | -6.6% |
| Profit (loss) carried forward | 14 | €188 | €0 | -€188 | -100.0% |
| Amounts payable | 17/49 | €45,762 | €35,061 | -€10,701 | -23.4% |
| Amounts payable within one year | 42/48 | €45,702 | €35,061 | -€10,641 | -23.3% |
| Trade debts | 44 | €2,814 | €4,345 | +€1,531 | +54.4% |
| Suppliers | 440/4 | €2,814 | €4,345 | +€1,531 | +54.4% |
| Taxes, remuneration and social security | 45 | €11,161 | €17,628 | +€6,466 | +57.9% |
| Taxes | 450/3 | €11,161 | €17,628 | +€6,466 | +57.9% |
| Other amounts payable | 47/48 | €31,727 | €13,089 | -€18,638 | -58.7% |
| Accrued charges and deferred income | 492/3 | €60 | €0 | -€60 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,894 | €5,752 | +€2,858 | +98.8% |
| Other operating charges | 640/8 | €712 | €2,862 | +€2,150 | +301.8% |
| Gross operating margin | 9900 | €18,765 | €28,857 | +€10,091 | +53.8% |
| Operating profit (loss) | 9901 | €15,159 | €20,243 | +€5,083 | +33.5% |
| Financial income | 75/76B | €92 | €586 | +€494 | +536.5% |
| Recurring financial income | 75 | €92 | €586 | +€494 | +536.5% |
| Financial charges | 65/66B | €315 | €385 | +€69 | +22.0% |
| Recurring financial charges | 65 | €315 | €385 | +€69 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €14,936 | €20,444 | +€5,508 | +36.9% |
| Income taxes | 67/77 | €7,425 | €7,901 | +€476 | +6.4% |
| Profit (loss) for the period | 9904 | €7,511 | €12,543 | +€5,032 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,511 | €12,543 | +€5,032 | +67.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.