ELESTRA: 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.
ELESTRA
Largest movements
- Financial fixed assets -€126,425
no longer reported in 2025 (was €126,425)
- Stocks and contracts +€118,026
new in 2025: €118,026
- Receivables within one year +€7,653
new in 2025: €7,653
of which Trade receivables: +€6,391
- Cash +€2,537
up €2,537 (+84566.7%), from €3 to €2,540
mainly Investment in fixed assets (net) (+€126,425) and Other debts (+€48,016)
- Other debts +€48,016
up €48,016 (+41.0%), from €117,077 to €165,093
- Profit (loss) carried forward -€46,673
down €46,673 (-420.1%), from -€11,109 to -€57,782
- Gross operating margin -€1,085
down €1,085 (-1118.6%), from -€97 to -€1,182
- Other operating charges -€446
no longer reported in 2025 (was €446)
- Financial charges +€64
up €64 (+92.8%), from €69 to €133
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 | €126,428 | €128,219 | +€1,791 | +1.4% |
| Fixed assets | 21/28 | €126,425 | €0 | -€126,425 | -100.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Financial fixed assets | 28 | €126,425 | - | -€126,425 | |
| Current assets | 29/58 | €3 | €128,219 | +€128,216 | +4273866.7% |
| Stocks and contracts in progress | 3 | - | €118,026 | +€118,026 | |
| Stocks | 30/36 | - | €118,026 | +€118,026 | |
| Amounts receivable within one year | 40/41 | - | €7,653 | +€7,653 | |
| Trade receivables | 40 | - | €6,391 | +€6,391 | |
| Other amounts receivable | 41 | - | €1,262 | +€1,262 | |
| Cash at bank and in hand | 54/58 | €3 | €2,540 | +€2,537 | +84566.7% |
| Total equity and liabilities | 10/49 | €126,428 | €128,219 | +€1,791 | +1.4% |
| Equity | 10/15 | €9,351 | -€37,322 | -€46,673 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,109 | -€57,782 | -€46,673 | -420.1% |
| Amounts payable | 17/49 | €117,077 | €165,541 | +€48,464 | +41.4% |
| Amounts payable within one year | 42/48 | €117,077 | €165,541 | +€48,464 | +41.4% |
| Trade debts | 44 | - | €448 | +€448 | |
| Suppliers | 440/4 | - | €448 | +€448 | |
| Other amounts payable | 47/48 | €117,077 | €165,093 | +€48,016 | +41.0% |
| Other operating charges | 640/8 | €446 | - | -€446 | |
| Non-recurring operating charges | 66A | - | €5,900 | +€5,900 | |
| Gross operating margin | 9900 | -€97 | -€1,182 | -€1,085 | -1118.6% |
| Operating profit (loss) | 9901 | -€543 | -€7,082 | -€6,539 | -1204.2% |
| Financial charges | 65/66B | €69 | €133 | +€64 | +92.8% |
| Recurring financial charges | 65 | €69 | €133 | +€64 | +92.8% |
| Profit (loss) for the period before taxes | 9903 | -€612 | -€7,215 | -€6,603 | -1078.9% |
| Profit (loss) for the period | 9904 | -€612 | -€7,215 | -€6,603 | -1078.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€612 | -€7,215 | -€6,603 | -1078.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.