ELEXXIS: 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.
ELEXXIS
Largest movements
- Tangible fixed assets +€21,270
up €21,270 (+100%), from €21,213 to €42,482
of which Furniture and vehicles: +€19,061
- Receivables within one year -€6,894
down €6,894 (-61.9%), from €11,131 to €4,237
of which Trade receivables: -€7,102
- Cash -€1,976
down €1,976 (-7.9%), from €25,083 to €23,107
mainly Investment in fixed assets (net) (-€30,796) and Trade debts (-€1,414)
- Reserves +€15,000
up €15,000 (+42.9%), from €35,000 to €50,000
- Profit (loss) carried forward -€2,268
down €2,268 (-85.0%), from €2,669 to €401
- Trade debts -€1,414
down €1,414 (-83.6%), from €1,692 to €278
- Gross operating margin -€26,260
down €26,260 (-47.0%), from €55,896 to €29,636
- Taxes -€5,344
down €5,344 (-52.1%), from €10,250 to €4,906
- Depreciation +€3,998
up €3,998 (+72.3%), from €5,528 to €9,526
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 | €59,259 | €71,387 | +€12,128 | +20.5% |
| Fixed assets | 21/28 | €21,213 | €42,482 | +€21,270 | +100% |
| Tangible fixed assets | 22/27 | €21,213 | €42,482 | +€21,270 | +100% |
| Plant, machinery and equipment | 23 | €896 | €3,588 | +€2,692 | +301% |
| Furniture and vehicles | 24 | €15,631 | €34,692 | +€19,061 | +122% |
| Other tangible fixed assets | 26 | €4,686 | €4,202 | -€484 | -10.3% |
| Current assets | 29/58 | €38,046 | €28,904 | -€9,142 | -24.0% |
| Amounts receivable within one year | 40/41 | €11,131 | €4,237 | -€6,894 | -61.9% |
| Trade receivables | 40 | €11,131 | €4,029 | -€7,102 | -63.8% |
| Other amounts receivable | 41 | - | €208 | +€208 | |
| Cash at bank and in hand | 54/58 | €25,083 | €23,107 | -€1,976 | -7.9% |
| Deferred charges and accrued income | 490/1 | €1,832 | €1,560 | -€271 | -14.8% |
| Total equity and liabilities | 10/49 | €59,259 | €71,387 | +€12,128 | +20.5% |
| Equity | 10/15 | €40,169 | €52,901 | +€12,732 | +31.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Distributable reserves | 133 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Profit (loss) carried forward | 14 | €2,669 | €401 | -€2,268 | -85.0% |
| Amounts payable | 17/49 | €19,090 | €18,485 | -€604 | -3.2% |
| Amounts payable within one year | 42/48 | €19,090 | €18,485 | -€604 | -3.2% |
| Trade debts | 44 | €1,692 | €278 | -€1,414 | -83.6% |
| Suppliers | 440/4 | €1,692 | €278 | -€1,414 | -83.6% |
| Taxes, remuneration and social security | 45 | €17,349 | €17,998 | +€650 | +3.7% |
| Taxes | 450/3 | €17,349 | €17,998 | +€650 | +3.7% |
| Other amounts payable | 47/48 | €49 | €209 | +€160 | +328% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,528 | €9,526 | +€3,998 | +72.3% |
| Other operating charges | 640/8 | €1,135 | €991 | -€144 | -12.7% |
| Gross operating margin | 9900 | €55,896 | €29,636 | -€26,260 | -47.0% |
| Operating profit (loss) | 9901 | €49,232 | €19,119 | -€30,114 | -61.2% |
| Financial income | 75/76B | - | €147 | +€147 | |
| Recurring financial income | 75 | - | €147 | +€147 | |
| Financial charges | 65/66B | €1,313 | €1,626 | +€313 | +23.8% |
| Recurring financial charges | 65 | €1,313 | €1,626 | +€313 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €47,919 | €17,639 | -€30,280 | -63.2% |
| Income taxes | 67/77 | €10,250 | €4,906 | -€5,344 | -52.1% |
| Profit (loss) for the period | 9904 | €37,669 | €12,732 | -€24,937 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,669 | €12,732 | -€24,937 | -66.2% |
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 14 October 2026 via checked.be.