ELICA: 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.
ELICA
Largest movements
- Receivables within one year -€35,391
down €35,391 (-90.3%), from €39,196 to €3,805
of which Other amounts receivable: -€32,317
- Tangible fixed assets -€20,061
down €20,061 (-6.6%), from €303,714 to €283,653
of which Land and buildings: -€21,003
- Deferred charges and accrued income -€19,890
down €19,890 (-97.1%), from €20,481 to €591
- Contributions -€90,747
down €90,747 (-29.3%), from €309,867 to €219,120
- Other debts +€22,705
new in 2025: €22,705
- Debts after one year -€8,740
no longer reported in 2025 (was €8,740)
- Reserves -€3,750
down €3,750 (-11.1%), from €33,847 to €30,097
of which Non-distributable reserves: -€30,987
- Gross operating margin -€16,969
down €16,969 (-33.7%), from €50,389 to €33,420
- Financial income +€938
up €938 (+87.5%), from €1,072 to €2,010
- Depreciation +€588
up €588 (+2.5%), from €23,673 to €24,261
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 | €366,859 | €288,049 | -€78,810 | -21.5% |
| Fixed assets | 21/28 | €303,714 | €283,653 | -€20,061 | -6.6% |
| Tangible fixed assets | 22/27 | €303,714 | €283,653 | -€20,061 | -6.6% |
| Land and buildings | 22 | €272,291 | €251,288 | -€21,003 | -7.7% |
| Plant, machinery and equipment | 23 | €30,878 | €31,975 | +€1,097 | +3.6% |
| Furniture and vehicles | 24 | €545 | €390 | -€155 | -28.4% |
| Current assets | 29/58 | €63,145 | €4,396 | -€58,749 | -93.0% |
| Amounts receivable within one year | 40/41 | €39,196 | €3,805 | -€35,391 | -90.3% |
| Trade receivables | 40 | €6,879 | €3,805 | -€3,074 | -44.7% |
| Other amounts receivable | 41 | €32,317 | - | -€32,317 | |
| Cash at bank and in hand | 54/58 | €3,468 | - | -€3,468 | |
| Deferred charges and accrued income | 490/1 | €20,481 | €591 | -€19,890 | -97.1% |
| Total equity and liabilities | 10/49 | €366,859 | €288,049 | -€78,810 | -21.5% |
| Equity | 10/15 | €341,731 | €249,217 | -€92,514 | -27.1% |
| Contributions | 10/11 | €309,867 | €219,120 | -€90,747 | -29.3% |
| Reserves | 13 | €33,847 | €30,097 | -€3,750 | -11.1% |
| Non-distributable reserves | 130/1 | €33,577 | €2,590 | -€30,987 | -92.3% |
| Reserves not available under the articles | 1311 | €30,987 | - | -€30,987 | |
| Other | 1319 | €2,590 | €2,590 | = | 0.0% |
| Tax-exempt reserves | 132 | €270 | €270 | = | 0.0% |
| Distributable reserves | 133 | - | €27,237 | +€27,237 | |
| Profit (loss) carried forward | 14 | -€1,983 | - | +€1,983 | |
| Amounts payable | 17/49 | €25,128 | €38,832 | +€13,704 | +54.5% |
| Amounts payable after more than one year | 17 | €8,740 | - | -€8,740 | |
| Financial debts | 170/4 | €8,740 | - | -€8,740 | |
| Amounts payable within one year | 42/48 | €16,388 | €35,869 | +€19,481 | +119% |
| Current portion of amounts payable after more than one year | 42 | €10,068 | €8,740 | -€1,328 | -13.2% |
| Financial debts | 43 | - | €476 | +€476 | |
| Credit institutions | 430/8 | - | €476 | +€476 | |
| Trade debts | 44 | €2,112 | €1,625 | -€487 | -23.1% |
| Suppliers | 440/4 | €2,112 | €1,625 | -€487 | -23.1% |
| Taxes, remuneration and social security | 45 | €4,208 | €2,323 | -€1,885 | -44.8% |
| Taxes | 450/3 | €4,208 | €2,323 | -€1,885 | -44.8% |
| Other amounts payable | 47/48 | - | €22,705 | +€22,705 | |
| Accrued charges and deferred income | 492/3 | - | €2,963 | +€2,963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,673 | €24,261 | +€588 | +2.5% |
| Other operating charges | 640/8 | €2,920 | €2,467 | -€453 | -15.5% |
| Gross operating margin | 9900 | €50,389 | €33,420 | -€16,969 | -33.7% |
| Operating profit (loss) | 9901 | €23,796 | €6,692 | -€17,104 | -71.9% |
| Financial income | 75/76B | €1,072 | €2,010 | +€938 | +87.5% |
| Recurring financial income | 75 | €1,072 | €2,010 | +€938 | +87.5% |
| Financial charges | 65/66B | €1,512 | €1,216 | -€296 | -19.6% |
| Recurring financial charges | 65 | €1,512 | €1,216 | -€296 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €23,356 | €7,486 | -€15,870 | -67.9% |
| Profit (loss) for the period | 9904 | €23,356 | €7,486 | -€15,870 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,356 | €7,486 | -€15,870 | -67.9% |
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 18 October 2026 via checked.be.