Elgr: 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.
Elgr
Largest movements
- Cash +€80,072
up €80,072 (+315.7%), from €25,360 to €105,431
mainly Net result for the year (+€96,796) and Tax, wage and social debts (+€20,077)
- Tangible fixed assets +€34,148
new in 2025: €34,148
- Receivables within one year +€3,380
up €3,380 (+16706.7%), from €20 to €3,400
of which Trade receivables: +€3,400
- Deferred charges and accrued income +€1,643
up €1,643 (+521.2%), from €315 to €1,958
- Profit (loss) carried forward +€95,130
up €95,130 (+617.0%), from €15,419 to €110,549
- Tax, wage and social debts +€20,077
up €20,077 (+329.5%), from €6,094 to €26,170
of which Taxes: +€21,762
- Other debts +€2,642
up €2,642 (+158.6%), from €1,666 to €4,308
- Gross operating margin +€109,553
up €109,553 (+502.7%), from €21,793 to €131,346
- Taxes +€21,762
up €21,762 (+493.7%), from €4,408 to €26,170
- Depreciation +€7,725
new in 2025: €7,725
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 | €25,695 | €144,938 | +€119,242 | +464.1% |
| Fixed assets | 21/28 | - | €34,148 | +€34,148 | |
| Tangible fixed assets | 22/27 | - | €34,148 | +€34,148 | |
| Furniture and vehicles | 24 | - | €34,148 | +€34,148 | |
| Current assets | 29/58 | €25,695 | €110,790 | +€85,094 | +331.2% |
| Amounts receivable within one year | 40/41 | €20 | €3,400 | +€3,380 | +16706.7% |
| Trade receivables | 40 | - | €3,400 | +€3,400 | |
| Other amounts receivable | 41 | €20 | - | -€20 | |
| Cash at bank and in hand | 54/58 | €25,360 | €105,431 | +€80,072 | +315.7% |
| Deferred charges and accrued income | 490/1 | €315 | €1,958 | +€1,643 | +521.2% |
| Total equity and liabilities | 10/49 | €25,695 | €144,938 | +€119,242 | +464.1% |
| Equity | 10/15 | €17,419 | €112,549 | +€95,130 | +546.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,419 | €110,549 | +€95,130 | +617.0% |
| Amounts payable | 17/49 | €8,276 | €32,389 | +€24,113 | +291.4% |
| Amounts payable within one year | 42/48 | €8,276 | €32,389 | +€24,113 | +291.4% |
| Trade debts | 44 | €516 | €1,911 | +€1,394 | +270.0% |
| Suppliers | 440/4 | €516 | €1,911 | +€1,394 | +270.0% |
| Taxes, remuneration and social security | 45 | €6,094 | €26,170 | +€20,077 | +329.5% |
| Taxes | 450/3 | €4,408 | €26,170 | +€21,762 | +493.7% |
| Remuneration and social security | 454/9 | €1,685 | - | -€1,685 | |
| Other amounts payable | 47/48 | €1,666 | €4,308 | +€2,642 | +158.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,725 | +€7,725 | |
| Other operating charges | 640/8 | €281 | €610 | +€328 | +116.8% |
| Gross operating margin | 9900 | €21,793 | €131,346 | +€109,553 | +502.7% |
| Operating profit (loss) | 9901 | €21,511 | €123,011 | +€101,500 | +471.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €19 | €45 | +€26 | +140.0% |
| Recurring financial charges | 65 | €19 | €45 | +€26 | +140.0% |
| Profit (loss) for the period before taxes | 9903 | €21,493 | €122,966 | +€101,473 | +472.1% |
| Income taxes | 67/77 | €4,408 | €26,170 | +€21,762 | +493.7% |
| Profit (loss) for the period | 9904 | €17,085 | €96,796 | +€79,711 | +466.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,085 | €96,796 | +€79,711 | +466.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.