ELEXTRA: 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.
ELEXTRA
Largest movements
- Tangible fixed assets -€19,561
down €19,561 (-16.4%), from €119,378 to €99,817
- Receivables within one year -€4,940
down €4,940 (-5.5%), from €89,545 to €84,605
of which Trade receivables: -€10,224
- Stocks and contracts +€4,749
up €4,749 (+13.9%), from €34,259 to €39,008
- Profit (loss) carried forward -€17,041
down €17,041 (-6.6%), from €259,445 to €242,404
- Debts after one year -€10,027
down €10,027 (-26.1%), from €38,410 to €28,383
- Trade debts +€8,601
up €8,601 (+189%), from €4,560 to €13,160
- Gross operating margin -€20,485
down €20,485 (-66.5%), from €30,809 to €10,325
- Depreciation -€1,984
down €1,984 (-8.5%), from €23,298 to €21,314
- Financial charges +€1,056
up €1,056 (+77.5%), from €1,364 to €2,420
- Taxes +€1,011
new in 2025: €1,011
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 | €336,575 | €318,169 | -€18,406 | -5.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €119,378 | €99,817 | -€19,561 | -16.4% |
| Tangible fixed assets | 22/27 | €119,378 | €99,817 | -€19,561 | -16.4% |
| Land and buildings | 22 | €96,050 | €86,445 | -€9,605 | -10.0% |
| Plant, machinery and equipment | 23 | €11,711 | €6,683 | -€5,028 | -42.9% |
| Furniture and vehicles | 24 | €11,063 | €6,688 | -€4,374 | -39.5% |
| Other tangible fixed assets | 26 | €554 | - | -€554 | |
| Current assets | 29/58 | €217,197 | €218,353 | +€1,156 | +0.5% |
| Stocks and contracts in progress | 3 | €34,259 | €39,008 | +€4,749 | +13.9% |
| Stocks | 30/36 | €34,259 | €39,008 | +€4,749 | +13.9% |
| Amounts receivable within one year | 40/41 | €89,545 | €84,605 | -€4,940 | -5.5% |
| Trade receivables | 40 | €89,545 | €79,320 | -€10,224 | -11.4% |
| Other amounts receivable | 41 | - | €5,285 | +€5,285 | |
| Cash at bank and in hand | 54/58 | €92,871 | €94,740 | +€1,869 | +2.0% |
| Deferred charges and accrued income | 490/1 | €523 | €0 | -€523 | -100% |
| Total equity and liabilities | 10/49 | €336,575 | €318,169 | -€18,406 | -5.5% |
| Equity | 10/15 | €279,904 | €262,863 | -€17,041 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,445 | €242,404 | -€17,041 | -6.6% |
| Amounts payable | 17/49 | €56,671 | €55,306 | -€1,365 | -2.4% |
| Amounts payable after more than one year | 17 | €38,410 | €28,383 | -€10,027 | -26.1% |
| Financial debts | 170/4 | €38,410 | €28,383 | -€10,027 | -26.1% |
| Amounts payable within one year | 42/48 | €18,261 | €26,019 | +€7,758 | +42.5% |
| Current portion of amounts payable after more than one year | 42 | €9,874 | €10,027 | +€153 | +1.6% |
| Trade debts | 44 | €4,560 | €13,160 | +€8,601 | +189% |
| Suppliers | 440/4 | €4,560 | €13,160 | +€8,601 | +189% |
| Taxes, remuneration and social security | 45 | €1,412 | €0 | -€1,412 | -100% |
| Taxes | 450/3 | €1,143 | €0 | -€1,143 | -100% |
| Remuneration and social security | 454/9 | €269 | €0 | -€269 | -100% |
| Other amounts payable | 47/48 | €2,416 | €2,832 | +€416 | +17.2% |
| Accrued charges and deferred income | 492/3 | - | €904 | +€904 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,298 | €21,314 | -€1,984 | -8.5% |
| Other operating charges | 640/8 | €2,827 | €2,631 | -€196 | -6.9% |
| Gross operating margin | 9900 | €30,809 | €10,325 | -€20,485 | -66.5% |
| Operating profit (loss) | 9901 | €4,685 | -€13,620 | -€18,305 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,364 | €2,420 | +€1,056 | +77.5% |
| Recurring financial charges | 65 | €1,364 | €2,420 | +€1,056 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €3,321 | -€16,030 | -€19,351 | |
| Income taxes | 67/77 | - | €1,011 | +€1,011 | |
| Profit (loss) for the period | 9904 | €3,321 | -€17,041 | -€20,362 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,321 | -€17,041 | -€20,362 |
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 13 October 2026 via checked.be.