ELGETACC: 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.
ELGETACC
Largest movements
- Cash -€108,217
down €108,217 (-73.9%), from €146,479 to €38,262
mainly Other debts (-€121,095) and Receivables within one year (-€45,607)
- Receivables within one year +€45,607
up €45,607 (+72.4%), from €62,990 to €108,596
- Tangible fixed assets -€5,704
down €5,704 (-88.0%), from €6,485 to €781
- Other debts -€121,095
down €121,095 (-78.2%), from €154,879 to €33,783
- Reserves +€73,501
up €73,501 (+3,952%), from €1,860 to €75,361
- Tax, wage and social debts -€18,617
down €18,617 (-51.7%), from €35,976 to €17,359
- Taxes +€5,731
up €5,731 (+18.5%), from €30,935 to €36,666
- Gross operating margin -€4,563
down €4,563 (-3.8%), from €120,392 to €115,830
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 | €281,042 | €213,334 | -€67,708 | -24.1% |
| Fixed assets | 21/28 | €6,485 | €781 | -€5,704 | -88.0% |
| Tangible fixed assets | 22/27 | €6,485 | €781 | -€5,704 | -88.0% |
| Furniture and vehicles | 24 | €6,485 | €781 | -€5,704 | -88.0% |
| Current assets | 29/58 | €274,557 | €212,553 | -€62,004 | -22.6% |
| Amounts receivable within one year | 40/41 | €62,990 | €108,596 | +€45,607 | +72.4% |
| Other amounts receivable | 41 | €62,990 | €108,596 | +€45,607 | +72.4% |
| Current investments | 50/53 | €58,429 | €59,087 | +€657 | +1.1% |
| Cash at bank and in hand | 54/58 | €146,479 | €38,262 | -€108,217 | -73.9% |
| Deferred charges and accrued income | 490/1 | €6,659 | €6,608 | -€51 | -0.8% |
| Total equity and liabilities | 10/49 | €281,042 | €213,334 | -€67,708 | -24.1% |
| Equity | 10/15 | €86,921 | €160,422 | +€73,501 | +84.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €75,361 | +€73,501 | +3,952% |
| Distributable reserves | 133 | €1,860 | €75,361 | +€73,501 | +3,952% |
| Profit (loss) carried forward | 14 | €66,461 | €66,461 | = | 0.0% |
| Amounts payable | 17/49 | €194,121 | €52,912 | -€141,209 | -72.7% |
| Amounts payable within one year | 42/48 | €194,121 | €52,912 | -€141,209 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €2,134 | - | -€2,134 | |
| Trade debts | 44 | €1,132 | €1,770 | +€638 | +56.3% |
| Suppliers | 440/4 | €1,132 | €1,770 | +€638 | +56.3% |
| Taxes, remuneration and social security | 45 | €35,976 | €17,359 | -€18,617 | -51.7% |
| Taxes | 450/3 | €35,976 | €17,359 | -€18,617 | -51.7% |
| Other amounts payable | 47/48 | €154,879 | €33,783 | -€121,095 | -78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,079 | €5,704 | -€375 | -6.2% |
| Other operating charges | 640/8 | €559 | €909 | +€350 | +62.7% |
| Gross operating margin | 9900 | €120,392 | €115,830 | -€4,563 | -3.8% |
| Operating profit (loss) | 9901 | €113,755 | €109,217 | -€4,538 | -4.0% |
| Financial income | 75/76B | €1,294 | €1,126 | -€168 | -13.0% |
| Recurring financial income | 75 | €1,294 | €1,126 | -€168 | -13.0% |
| Financial charges | 65/66B | €301 | €175 | -€126 | -41.8% |
| Recurring financial charges | 65 | €301 | €175 | -€126 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €114,747 | €110,167 | -€4,580 | -4.0% |
| Income taxes | 67/77 | €30,935 | €36,666 | +€5,731 | +18.5% |
| Profit (loss) for the period | 9904 | €83,813 | €73,501 | -€10,311 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,813 | €73,501 | -€10,311 | -12.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.