Elgi: 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.
Elgi
Largest movements
- Stocks and contracts -€3,145
down €3,145 (-48.9%), from €6,425 to €3,280
- Cash -€654
down €654 (-25.7%), from €2,545 to €1,891
mainly Other debts (-€4,224) and Net result for the year (-€888)
- Receivables within one year -€233
no longer reported in 2025 (was €233)
- Deferred charges and accrued income +€159
up €159 (+24.8%), from €642 to €801
- Other debts -€4,224
down €4,224 (-6.9%), from €61,149 to €56,926
- Profit (loss) carried forward -€888
down €888 (-1.2%), from -€73,182 to -€74,069
- Trade debts +€759
up €759 (+383.1%), from €198 to €957
- Accrued charges and deferred income +€265
up €265 (+69.0%), from €384 to €650
- Tax, wage and social debts +€177
up €177 (+20.1%), from €881 to €1,058
- Gross operating margin +€6,007
up €6,007, from -€5,704 to €303
- Other operating charges -€359
down €359 (-28.1%), from €1,280 to €921
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 | €9,882 | €5,971 | -€3,911 | -39.6% |
| Fixed assets | 21/28 | €37 | - | -€37 | |
| Financial fixed assets | 28 | €37 | - | -€37 | |
| Current assets | 29/58 | €9,845 | €5,971 | -€3,873 | -39.3% |
| Stocks and contracts in progress | 3 | €6,425 | €3,280 | -€3,145 | -48.9% |
| Stocks | 30/36 | €6,425 | €3,280 | -€3,145 | -48.9% |
| Amounts receivable within one year | 40/41 | €233 | - | -€233 | |
| Trade receivables | 40 | €233 | - | -€233 | |
| Cash at bank and in hand | 54/58 | €2,545 | €1,891 | -€654 | -25.7% |
| Deferred charges and accrued income | 490/1 | €642 | €801 | +€159 | +24.8% |
| Total equity and liabilities | 10/49 | €9,882 | €5,971 | -€3,911 | -39.6% |
| Equity | 10/15 | -€52,731 | -€53,618 | -€888 | -1.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,182 | -€74,069 | -€888 | -1.2% |
| Amounts payable | 17/49 | €62,613 | €59,590 | -€3,023 | -4.8% |
| Amounts payable within one year | 42/48 | €62,228 | €58,940 | -€3,288 | -5.3% |
| Trade debts | 44 | €198 | €957 | +€759 | +383.1% |
| Suppliers | 440/4 | €198 | €957 | +€759 | +383.1% |
| Taxes, remuneration and social security | 45 | €881 | €1,058 | +€177 | +20.1% |
| Taxes | 450/3 | €881 | €1,058 | +€177 | +20.1% |
| Other amounts payable | 47/48 | €61,149 | €56,926 | -€4,224 | -6.9% |
| Accrued charges and deferred income | 492/3 | €384 | €650 | +€265 | +69.0% |
| Other operating charges | 640/8 | €1,280 | €921 | -€359 | -28.1% |
| Gross operating margin | 9900 | -€5,704 | €303 | +€6,007 | |
| Operating profit (loss) | 9901 | -€6,984 | -€617 | +€6,366 | +91.2% |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €223 | €270 | +€47 | +21.2% |
| Recurring financial charges | 65 | €223 | €270 | +€47 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,170 | -€888 | +€6,283 | +87.6% |
| Profit (loss) for the period | 9904 | -€7,170 | -€888 | +€6,283 | +87.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,170 | -€888 | +€6,283 | +87.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.