ELGI COMPANY: what changed
ELGI COMPANY
Largest movements
- Receivables within one year +€150,863
up €150,863 (+52,757%), from €286 to €151,149
of which Trade receivables: +€151,139
- Cash +€11,687
up €11,687 (+2,927%), from €399 to €12,087
mainly Net result for the year (+€119,603) and Tax, wage and social debts (+€47,064)
- Deferred charges and accrued income +€3,191
new in 2025: €3,191
- Tangible fixed assets +€2,772
new in 2025: €2,772
- Reserves +€114,680
new in 2025: €114,680
- Tax, wage and social debts +€47,064
new in 2025: €47,064
- Profit (loss) carried forward +€4,924
up €4,924, from -€4,924 to €0
- Trade debts +€2,772
new in 2025: €2,772
- Gross operating margin +€166,721
up €166,721, from -€1,345 to €165,376
- Taxes +€43,683
new in 2025: €43,683
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685 | €169,197 | +€168,512 | +24,591% |
| Fixed assets | 21/28 | - | €2,772 | +€2,772 | |
| Tangible fixed assets | 22/27 | - | €2,772 | +€2,772 | |
| Furniture and vehicles | 24 | - | €2,772 | +€2,772 | |
| Current assets | 29/58 | €685 | €166,426 | +€165,740 | +24,187% |
| Amounts receivable within one year | 40/41 | €286 | €151,149 | +€150,863 | +52,757% |
| Trade receivables | 40 | - | €151,139 | +€151,139 | |
| Other amounts receivable | 41 | €286 | €10 | -€276 | -96.5% |
| Cash at bank and in hand | 54/58 | €399 | €12,087 | +€11,687 | +2,927% |
| Deferred charges and accrued income | 490/1 | - | €3,191 | +€3,191 | |
| Total equity and liabilities | 10/49 | €685 | €169,197 | +€168,512 | +24,591% |
| Equity | 10/15 | -€2,424 | €117,180 | +€119,603 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €114,680 | +€114,680 | |
| Distributable reserves | 133 | - | €114,680 | +€114,680 | |
| Profit (loss) carried forward | 14 | -€4,924 | €0 | +€4,924 | |
| Amounts payable | 17/49 | €3,109 | €52,018 | +€48,909 | +1,573% |
| Amounts payable within one year | 42/48 | €3,109 | €52,018 | +€48,909 | +1,573% |
| Trade debts | 44 | - | €2,772 | +€2,772 | |
| Suppliers | 440/4 | - | €2,772 | +€2,772 | |
| Taxes, remuneration and social security | 45 | - | €47,064 | +€47,064 | |
| Taxes | 450/3 | - | €47,064 | +€47,064 | |
| Other amounts payable | 47/48 | €3,109 | €2,182 | -€927 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €225 | +€225 | |
| Other operating charges | 640/8 | €528 | €764 | +€236 | +44.7% |
| Gross operating margin | 9900 | -€1,345 | €165,376 | +€166,721 | |
| Operating profit (loss) | 9901 | -€1,873 | €164,387 | +€166,260 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €146 | €1,101 | +€955 | +652% |
| Recurring financial charges | 65 | €146 | €1,101 | +€955 | +652% |
| Profit (loss) for the period before taxes | 9903 | -€2,019 | €163,286 | +€165,306 | |
| Income taxes | 67/77 | - | €43,683 | +€43,683 | |
| Profit (loss) for the period | 9904 | -€2,019 | €119,603 | +€121,623 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,019 | €119,603 | +€121,623 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.