ELGE Consulting: 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.
ELGE Consulting
Largest movements
- Cash +€66,233
up €66,233 (+65.3%), from €101,468 to €167,701
mainly Net result for the year (+€58,677) and Tax, wage and social debts (+€10,137)
- Receivables within one year +€3,791
up €3,791 (+34.3%), from €11,039 to €14,830
- Reserves +€58,677
up €58,677 (+60.0%), from €97,847 to €156,524
- Tax, wage and social debts +€10,137
up €10,137 (+57.6%), from €17,610 to €27,747
- Gross operating margin +€5,686
up €5,686 (+7.3%), from €77,938 to €83,624
- Taxes +€2,638
up €2,638 (+12.2%), from €21,621 to €24,258
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 | €118,973 | €188,454 | +€69,481 | +58.4% |
| Fixed assets | 21/28 | €6,064 | €5,533 | -€531 | -8.8% |
| Tangible fixed assets | 22/27 | €6,064 | €5,533 | -€531 | -8.8% |
| Land and buildings | 22 | €1,623 | €1,450 | -€173 | -10.7% |
| Plant, machinery and equipment | 23 | €4,441 | €4,083 | -€358 | -8.1% |
| Current assets | 29/58 | €112,909 | €182,921 | +€70,011 | +62.0% |
| Amounts receivable within one year | 40/41 | €11,039 | €14,830 | +€3,791 | +34.3% |
| Trade receivables | 40 | €11,039 | €14,830 | +€3,791 | +34.3% |
| Cash at bank and in hand | 54/58 | €101,468 | €167,701 | +€66,233 | +65.3% |
| Deferred charges and accrued income | 490/1 | €402 | €390 | -€12 | -2.9% |
| Total equity and liabilities | 10/49 | €118,973 | €188,454 | +€69,481 | +58.4% |
| Equity | 10/15 | €100,347 | €159,024 | +€58,677 | +58.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €97,847 | €156,524 | +€58,677 | +60.0% |
| Distributable reserves | 133 | €97,847 | €156,524 | +€58,677 | +60.0% |
| Amounts payable | 17/49 | €18,626 | €29,430 | +€10,803 | +58.0% |
| Amounts payable within one year | 42/48 | €18,626 | €29,430 | +€10,803 | +58.0% |
| Trade debts | 44 | €0 | €792 | +€792 | |
| Suppliers | 440/4 | €0 | €792 | +€792 | |
| Taxes, remuneration and social security | 45 | €17,610 | €27,747 | +€10,137 | +57.6% |
| Taxes | 450/3 | €17,610 | €27,747 | +€10,137 | +57.6% |
| Other amounts payable | 47/48 | €1,017 | €891 | -€126 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €465 | €531 | +€66 | +14.1% |
| Other operating charges | 640/8 | €478 | €321 | -€157 | -32.8% |
| Gross operating margin | 9900 | €77,938 | €83,624 | +€5,686 | +7.3% |
| Operating profit (loss) | 9901 | €76,995 | €82,772 | +€5,777 | +7.5% |
| Financial income | 75/76B | €89 | €200 | +€111 | +124% |
| Recurring financial income | 75 | €89 | €200 | +€111 | +124% |
| Financial charges | 65/66B | €9 | €36 | +€27 | +300% |
| Recurring financial charges | 65 | €9 | €36 | +€27 | +300% |
| Profit (loss) for the period before taxes | 9903 | €77,075 | €82,936 | +€5,861 | +7.6% |
| Income taxes | 67/77 | €21,621 | €24,258 | +€2,638 | +12.2% |
| Profit (loss) for the period | 9904 | €55,455 | €58,677 | +€3,223 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,455 | €58,677 | +€3,223 | +5.8% |
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 31 October 2026 via checked.be.