ELG Digital: what changed
Two fiscal 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.
ELG Digital
Largest movements
- Cash -€76,118
down €76,118 (-59.7%), from €127,520 to €51,402
mainly Contributions, distributions and other (-€80,000) and Trade debts (-€17,161)
- Receivables within one year +€12,182
up €12,182 (+22.0%), from €55,430 to €67,612
of which Trade receivables: +€10,016
- Profit (loss) carried forward -€48,785
down €48,785 (-40.8%), from €119,615 to €70,830
- Trade debts -€17,161
down €17,161 (-73.6%), from €23,329 to €6,168
- Gross operating margin -€13,657
down €13,657 (-23.4%), from €58,420 to €44,763
- Taxes -€2,114
down €2,114 (-15.7%), from €13,490 to €11,375
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 | €185,394 | €121,112 | -€64,282 | -34.7% |
| Fixed assets | 21/28 | €1,186 | €539 | -€647 | -54.6% |
| Tangible fixed assets | 22/27 | €1,186 | €539 | -€647 | -54.6% |
| Furniture and vehicles | 24 | €1,186 | €539 | -€647 | -54.6% |
| Current assets | 29/58 | €184,208 | €120,573 | -€63,635 | -34.5% |
| Amounts receivable within one year | 40/41 | €55,430 | €67,612 | +€12,182 | +22.0% |
| Trade receivables | 40 | €55,430 | €65,446 | +€10,016 | +18.1% |
| Other amounts receivable | 41 | - | €2,166 | +€2,166 | |
| Cash at bank and in hand | 54/58 | €127,520 | €51,402 | -€76,118 | -59.7% |
| Deferred charges and accrued income | 490/1 | €1,258 | €1,559 | +€301 | +23.9% |
| Total equity and liabilities | 10/49 | €185,394 | €121,112 | -€64,282 | -34.7% |
| Equity | 10/15 | €125,615 | €76,830 | -€48,785 | -38.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,615 | €70,830 | -€48,785 | -40.8% |
| Amounts payable | 17/49 | €59,779 | €44,282 | -€15,496 | -25.9% |
| Amounts payable within one year | 42/48 | €59,779 | €44,282 | -€15,496 | -25.9% |
| Trade debts | 44 | €23,329 | €6,168 | -€17,161 | -73.6% |
| Suppliers | 440/4 | €23,329 | €6,168 | -€17,161 | -73.6% |
| Taxes, remuneration and social security | 45 | €34,110 | €35,707 | +€1,597 | +4.7% |
| Taxes | 450/3 | €31,310 | €32,907 | +€1,597 | +5.1% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €2,340 | €2,408 | +€68 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650 | €647 | -€3 | -0.4% |
| Other operating charges | 640/8 | €1,512 | €1,317 | -€196 | -12.9% |
| Gross operating margin | 9900 | €58,420 | €44,763 | -€13,657 | -23.4% |
| Operating profit (loss) | 9901 | €56,258 | €42,800 | -€13,459 | -23.9% |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €168 | €209 | +€41 | +24.5% |
| Recurring financial charges | 65 | €168 | €209 | +€41 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €56,122 | €42,590 | -€13,532 | -24.1% |
| Income taxes | 67/77 | €13,490 | €11,375 | -€2,114 | -15.7% |
| Profit (loss) for the period | 9904 | €42,632 | €31,215 | -€11,418 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,632 | €31,215 | -€11,418 | -26.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.