ELGOO: 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.
ELGOO
Largest movements
- Cash +€5,688
up €5,688 (+50.5%), from €11,274 to €16,961
mainly Net result for the year (+€11,314) and Depreciation (+€5,144)
- Tangible fixed assets +€4,815
up €4,815 (+31.1%), from €15,467 to €20,282
of which Plant, machinery and equipment: +€7,053
- Deferred charges and accrued income -€3,039
down €3,039 (-24.2%), from €12,555 to €9,516
- Receivables within one year -€2,298
down €2,298 (-71.8%), from €3,201 to €902
- Reserves +€11,000
up €11,000 (+39.6%), from €27,800 to €38,800
- Tax, wage and social debts -€4,565
down €4,565 (-99.2%), from €4,603 to €39
- Other debts -€1,431
down €1,431 (-20.0%), from €7,166 to €5,735
- Gross operating margin -€13,779
down €13,779 (-39.6%), from €34,793 to €21,014
- Taxes -€5,590
down €5,590 (-58.4%), from €9,579 to €3,989
- Depreciation +€1,907
up €1,907 (+58.9%), from €3,237 to €5,144
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 | €42,497 | €47,662 | +€5,165 | +12.2% |
| Fixed assets | 21/28 | €15,467 | €20,282 | +€4,815 | +31.1% |
| Tangible fixed assets | 22/27 | €15,467 | €20,282 | +€4,815 | +31.1% |
| Plant, machinery and equipment | 23 | €7,129 | €14,182 | +€7,053 | +98.9% |
| Furniture and vehicles | 24 | €8,338 | €6,099 | -€2,239 | -26.8% |
| Current assets | 29/58 | €27,030 | €27,380 | +€350 | +1.3% |
| Amounts receivable within one year | 40/41 | €3,201 | €902 | -€2,298 | -71.8% |
| Other amounts receivable | 41 | €3,201 | €902 | -€2,298 | -71.8% |
| Cash at bank and in hand | 54/58 | €11,274 | €16,961 | +€5,688 | +50.5% |
| Deferred charges and accrued income | 490/1 | €12,555 | €9,516 | -€3,039 | -24.2% |
| Total equity and liabilities | 10/49 | €42,497 | €47,662 | +€5,165 | +12.2% |
| Equity | 10/15 | €30,139 | €41,453 | +€11,314 | +37.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €27,800 | €38,800 | +€11,000 | +39.6% |
| Distributable reserves | 133 | €27,800 | €38,800 | +€11,000 | +39.6% |
| Profit (loss) carried forward | 14 | €339 | €653 | +€314 | +92.5% |
| Amounts payable | 17/49 | €12,358 | €6,209 | -€6,149 | -49.8% |
| Amounts payable within one year | 42/48 | €12,358 | €6,209 | -€6,149 | -49.8% |
| Trade debts | 44 | €588 | €435 | -€153 | -26.1% |
| Suppliers | 440/4 | €588 | €435 | -€153 | -26.1% |
| Taxes, remuneration and social security | 45 | €4,603 | €39 | -€4,565 | -99.2% |
| Taxes | 450/3 | €4,603 | €39 | -€4,565 | -99.2% |
| Other amounts payable | 47/48 | €7,166 | €5,735 | -€1,431 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,237 | €5,144 | +€1,907 | +58.9% |
| Other operating charges | 640/8 | €615 | €513 | -€102 | -16.6% |
| Gross operating margin | 9900 | €34,793 | €21,014 | -€13,779 | -39.6% |
| Operating profit (loss) | 9901 | €30,940 | €15,357 | -€15,583 | -50.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €24 | €54 | +€30 | +125% |
| Recurring financial charges | 65 | €24 | €54 | +€30 | +125% |
| Profit (loss) for the period before taxes | 9903 | €30,916 | €15,303 | -€15,613 | -50.5% |
| Income taxes | 67/77 | €9,579 | €3,989 | -€5,590 | -58.4% |
| Profit (loss) for the period | 9904 | €21,337 | €11,314 | -€10,023 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,337 | €11,314 | -€10,023 | -47.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.