Elgia Management: 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.
Elgia Management
Largest movements
- Cash +€10,659
up €10,659 (+280%), from €3,814 to €14,473
mainly Net result for the year (+€8,719) and Receivables within one year (+€1,158)
- Receivables within one year -€1,158
no longer reported in 2025 (was €1,158)
- Profit (loss) carried forward +€8,719
up €8,719 (+96.4%), from -€9,047 to -€328
- Tax, wage and social debts +€1,153
up €1,153 (+118%), from €979 to €2,132
- Other debts -€606
down €606 (-5.3%), from €11,406 to €10,800
- Gross operating margin +€13,380
up €13,380, from -€4,020 to €9,359
- Depreciation -€122
down €122 (-55.0%), from €221 to €99
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 | €5,885 | €15,287 | +€9,402 | +160% |
| Fixed assets | 21/28 | €99 | €0 | -€99 | -100% |
| Tangible fixed assets | 22/27 | €99 | €0 | -€99 | -100% |
| Furniture and vehicles | 24 | €99 | €0 | -€99 | -100% |
| Current assets | 29/58 | €5,786 | €15,287 | +€9,501 | +164% |
| Amounts receivable within one year | 40/41 | €1,158 | - | -€1,158 | |
| Trade receivables | 40 | €1,158 | - | -€1,158 | |
| Cash at bank and in hand | 54/58 | €3,814 | €14,473 | +€10,659 | +280% |
| Deferred charges and accrued income | 490/1 | €814 | €814 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,885 | €15,287 | +€9,402 | +160% |
| Equity | 10/15 | -€6,547 | €2,172 | +€8,719 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,047 | -€328 | +€8,719 | +96.4% |
| Amounts payable | 17/49 | €12,432 | €13,114 | +€682 | +5.5% |
| Amounts payable within one year | 42/48 | €12,432 | €13,114 | +€682 | +5.5% |
| Trade debts | 44 | €47 | €182 | +€135 | +291% |
| Suppliers | 440/4 | €47 | €182 | +€135 | +291% |
| Taxes, remuneration and social security | 45 | €979 | €2,132 | +€1,153 | +118% |
| Taxes | 450/3 | €979 | €2,132 | +€1,153 | +118% |
| Other amounts payable | 47/48 | €11,406 | €10,800 | -€606 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221 | €99 | -€122 | -55.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€4,020 | €9,359 | +€13,380 | |
| Operating profit (loss) | 9901 | -€4,629 | €8,860 | +€13,489 | |
| Financial charges | 65/66B | €47 | - | -€47 | |
| Recurring financial charges | 65 | €47 | - | -€47 | |
| Profit (loss) for the period before taxes | 9903 | -€4,675 | €8,860 | +€13,536 | |
| Income taxes | 67/77 | €149 | €141 | -€8 | -5.3% |
| Profit (loss) for the period | 9904 | -€4,824 | €8,719 | +€13,543 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,824 | €8,719 | +€13,543 |
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 1 November 2026 via checked.be.