ELGAN CONSULTANCY: 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.
ELGAN CONSULTANCY
Largest movements
- Cash +€27,171
up €27,171 (+14.3%), from €190,330 to €217,500
mainly Net result for the year (+€39,104) and Other debts (+€16,511)
- Tangible fixed assets -€6,650
down €6,650 (-25.7%), from €25,844 to €19,194
of which Other tangible fixed assets: -€4,174
- Other debts +€16,511
up €16,511 (+36.0%), from €45,834 to €62,345
- Reserves +€9,773
up €9,773 (+6.4%), from €153,662 to €163,435
of which Distributable reserves: +€9,773
- Tax, wage and social debts -€5,559
down €5,559 (-44.7%), from €12,437 to €6,878
of which Taxes: -€5,759
- Gross operating margin -€4,603
down €4,603 (-6.4%), from €72,334 to €67,731
- Taxes +€1,757
up €1,757 (+9.4%), from €18,751 to €20,508
- Financial charges +€1,159
up €1,159 (+118%), from €978 to €2,137
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 | €236,453 | €257,589 | +€21,136 | +8.9% |
| Fixed assets | 21/28 | €25,844 | €19,194 | -€6,650 | -25.7% |
| Tangible fixed assets | 22/27 | €25,844 | €19,194 | -€6,650 | -25.7% |
| Plant, machinery and equipment | 23 | €2,971 | €1,980 | -€991 | -33.4% |
| Furniture and vehicles | 24 | €7,285 | €5,800 | -€1,485 | -20.4% |
| Other tangible fixed assets | 26 | €15,589 | €11,414 | -€4,174 | -26.8% |
| Current assets | 29/58 | €210,609 | €238,395 | +€27,786 | +13.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,152 | €16,955 | -€1,197 | -6.6% |
| Trade receivables | 40 | €18,152 | €16,000 | -€2,152 | -11.9% |
| Other amounts receivable | 41 | €0 | €955 | +€955 | |
| Cash at bank and in hand | 54/58 | €190,330 | €217,500 | +€27,171 | +14.3% |
| Deferred charges and accrued income | 490/1 | €2,127 | €3,940 | +€1,813 | +85.2% |
| Total equity and liabilities | 10/49 | €236,453 | €257,589 | +€21,136 | +8.9% |
| Equity | 10/15 | €172,262 | €182,035 | +€9,773 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,662 | €163,435 | +€9,773 | +6.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €153,662 | €163,435 | +€9,773 | +6.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,191 | €75,554 | +€11,363 | +17.7% |
| Amounts payable within one year | 42/48 | €63,356 | €73,544 | +€10,188 | +16.1% |
| Trade debts | 44 | €5,084 | €4,321 | -€763 | -15.0% |
| Suppliers | 440/4 | €5,084 | €4,321 | -€763 | -15.0% |
| Taxes, remuneration and social security | 45 | €12,437 | €6,878 | -€5,559 | -44.7% |
| Taxes | 450/3 | €9,687 | €3,928 | -€5,759 | -59.5% |
| Remuneration and social security | 454/9 | €2,750 | €2,950 | +€200 | +7.3% |
| Other amounts payable | 47/48 | €45,834 | €62,345 | +€16,511 | +36.0% |
| Accrued charges and deferred income | 492/3 | €836 | €2,010 | +€1,174 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,001 | €6,650 | -€351 | -5.0% |
| Other operating charges | 640/8 | €1,103 | €1,266 | +€162 | +14.7% |
| Gross operating margin | 9900 | €72,334 | €67,731 | -€4,603 | -6.4% |
| Operating profit (loss) | 9901 | €64,230 | €59,815 | -€4,415 | -6.9% |
| Financial income | 75/76B | €1,297 | €1,934 | +€638 | +49.2% |
| Recurring financial income | 75 | €1,297 | €1,934 | +€638 | +49.2% |
| Financial charges | 65/66B | €978 | €2,137 | +€1,159 | +118% |
| Recurring financial charges | 65 | €978 | €2,137 | +€1,159 | +118% |
| Profit (loss) for the period before taxes | 9903 | €64,548 | €59,612 | -€4,936 | -7.6% |
| Income taxes | 67/77 | €18,751 | €20,508 | +€1,757 | +9.4% |
| Profit (loss) for the period | 9904 | €45,797 | €39,104 | -€6,693 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,797 | €39,104 | -€6,693 | -14.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.