eLGé concept: 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.
eLGé concept
Largest movements
- Tangible fixed assets +€59,951
up €59,951 (+1,697%), from €3,534 to €63,485
of which Furniture and vehicles: +€60,118
- Cash +€8,574
up €8,574 (+24.1%), from €35,594 to €44,168
mainly Debts after one year (+€47,957) and Current portion of long-term debt (+€12,731)
- Debts after one year +€47,957
new in 2025: €47,957
- Current portion of long-term debt +€12,731
new in 2025: €12,731
- Other debts +€7,916
up €7,916 (+588%), from €1,347 to €9,263
- Tax, wage and social debts +€2,401
up €2,401 (+7,907%), from €30 to €2,432
- Profit (loss) carried forward -€1,753
down €1,753 (-5.1%), from €34,619 to €32,866
- Depreciation +€7,156
up €7,156 (+1,113%), from €643 to €7,799
- Gross operating margin +€3,911
up €3,911 (+28.7%), from €13,610 to €17,521
- Taxes -€2,124
down €2,124 (-74.7%), from €2,842 to €718
- Financial charges +€1,141
up €1,141 (+735%), from €155 to €1,296
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 | €48,291 | €116,413 | +€68,122 | +141% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,534 | €63,485 | +€59,951 | +1,697% |
| Tangible fixed assets | 22/27 | €3,534 | €63,485 | +€59,951 | +1,697% |
| Plant, machinery and equipment | 23 | €3,534 | €3,366 | -€167 | -4.7% |
| Furniture and vehicles | 24 | €0 | €60,118 | +€60,118 | |
| Current assets | 29/58 | €44,758 | €52,928 | +€8,170 | +18.3% |
| Stocks and contracts in progress | 3 | €3,148 | €3,099 | -€49 | -1.6% |
| Stocks | 30/36 | €3,148 | €3,099 | -€49 | -1.6% |
| Amounts receivable within one year | 40/41 | €5,082 | €5,002 | -€79 | -1.6% |
| Other amounts receivable | 41 | €5,082 | €5,002 | -€79 | -1.6% |
| Cash at bank and in hand | 54/58 | €35,594 | €44,168 | +€8,574 | +24.1% |
| Deferred charges and accrued income | 490/1 | €933 | €658 | -€275 | -29.4% |
| Total equity and liabilities | 10/49 | €48,291 | €116,413 | +€68,122 | +141% |
| Equity | 10/15 | €42,679 | €40,926 | -€1,753 | -4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,619 | €32,866 | -€1,753 | -5.1% |
| Amounts payable | 17/49 | €5,612 | €75,486 | +€69,875 | +1,245% |
| Amounts payable after more than one year | 17 | - | €47,957 | +€47,957 | |
| Financial debts | 170/4 | - | €47,957 | +€47,957 | |
| Amounts payable within one year | 42/48 | €5,612 | €27,529 | +€21,917 | +391% |
| Current portion of amounts payable after more than one year | 42 | - | €12,731 | +€12,731 | |
| Trade debts | 44 | €4,234 | €3,104 | -€1,131 | -26.7% |
| Suppliers | 440/4 | €4,234 | €3,104 | -€1,131 | -26.7% |
| Taxes, remuneration and social security | 45 | €30 | €2,432 | +€2,401 | +7,907% |
| Taxes | 450/3 | €30 | €2,432 | +€2,401 | +7,907% |
| Other amounts payable | 47/48 | €1,347 | €9,263 | +€7,916 | +588% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €7,799 | +€7,156 | +1,113% |
| Gross operating margin | 9900 | €13,610 | €17,521 | +€3,911 | +28.7% |
| Operating profit (loss) | 9901 | €12,967 | €9,722 | -€3,245 | -25.0% |
| Financial income | 75/76B | €492 | €540 | +€48 | +9.8% |
| Recurring financial income | 75 | €492 | €540 | +€48 | +9.8% |
| Financial charges | 65/66B | €155 | €1,296 | +€1,141 | +735% |
| Recurring financial charges | 65 | €155 | €1,296 | +€1,141 | +735% |
| Profit (loss) for the period before taxes | 9903 | €13,303 | €8,965 | -€4,338 | -32.6% |
| Income taxes | 67/77 | €2,842 | €718 | -€2,124 | -74.7% |
| Profit (loss) for the period | 9904 | €10,461 | €8,247 | -€2,214 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,461 | €8,247 | -€2,214 | -21.2% |
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 23 October 2026 via checked.be.