ELICATI: 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.
ELICATI
Largest movements
- Tangible fixed assets +€32,637
up €32,637 (+62.6%), from €52,134 to €84,771
of which Furniture and vehicles: +€25,754
- Stocks and contracts +€3,175
new in 2025: €3,175
- Cash -€2,367
down €2,367 (-75.3%), from €3,143 to €776
mainly Investment in fixed assets (net) (-€32,637) and Net result for the year (-€22,491)
- Receivables within one year +€2,206
up €2,206 (+3.1%), from €72,137 to €74,343
of which Trade receivables: +€3,594
- Trade debts +€31,051
up €31,051 (+1,837%), from €1,691 to €32,742
- Other debts +€29,716
up €29,716 (+28.5%), from €104,342 to €134,057
- Profit (loss) carried forward -€22,491
down €22,491 (-145%), from -€15,495 to -€37,986
- Gross operating margin -€27,441
down €27,441, from €7,342 to -€20,099
- Financial charges +€270
up €270 (+215%), from €126 to €395
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 | €168,369 | €205,484 | +€37,115 | +22.0% |
| Fixed assets | 21/28 | €52,134 | €84,771 | +€32,637 | +62.6% |
| Tangible fixed assets | 22/27 | €52,134 | €84,771 | +€32,637 | +62.6% |
| Land and buildings | 22 | €28,326 | €28,326 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,379 | €16,262 | +€6,883 | +73.4% |
| Furniture and vehicles | 24 | €14,429 | €40,183 | +€25,754 | +178% |
| Current assets | 29/58 | €116,236 | €120,713 | +€4,478 | +3.9% |
| Stocks and contracts in progress | 3 | - | €3,175 | +€3,175 | |
| Stocks | 30/36 | - | €3,175 | +€3,175 | |
| Amounts receivable within one year | 40/41 | €72,137 | €74,343 | +€2,206 | +3.1% |
| Trade receivables | 40 | €450 | €4,044 | +€3,594 | +799% |
| Other amounts receivable | 41 | €71,687 | €70,299 | -€1,388 | -1.9% |
| Cash at bank and in hand | 54/58 | €3,143 | €776 | -€2,367 | -75.3% |
| Deferred charges and accrued income | 490/1 | €40,956 | €42,420 | +€1,464 | +3.6% |
| Total equity and liabilities | 10/49 | €168,369 | €205,484 | +€37,115 | +22.0% |
| Equity | 10/15 | €61,173 | €38,682 | -€22,491 | -36.8% |
| Contributions | 10/11 | €50,992 | €50,992 | = | 0.0% |
| Reserves | 13 | €25,676 | €25,676 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,205 | €2,205 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,205 | €2,205 | = | 0.0% |
| Distributable reserves | 133 | €23,471 | €23,471 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,495 | -€37,986 | -€22,491 | -145% |
| Amounts payable | 17/49 | €107,196 | €166,802 | +€59,606 | +55.6% |
| Amounts payable within one year | 42/48 | €107,196 | €166,802 | +€59,606 | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,691 | €32,742 | +€31,051 | +1,837% |
| Suppliers | 440/4 | €1,691 | €32,742 | +€31,051 | +1,837% |
| Taxes, remuneration and social security | 45 | €1,163 | €2 | -€1,161 | -99.8% |
| Taxes | 450/3 | €1,163 | €2 | -€1,161 | -99.8% |
| Other amounts payable | 47/48 | €104,342 | €134,057 | +€29,716 | +28.5% |
| Other operating charges | 640/8 | €2,009 | €2,000 | -€9 | -0.5% |
| Gross operating margin | 9900 | €7,342 | -€20,099 | -€27,441 | |
| Operating profit (loss) | 9901 | €5,333 | -€22,099 | -€27,432 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €126 | €395 | +€270 | +215% |
| Recurring financial charges | 65 | €126 | €395 | +€270 | +215% |
| Profit (loss) for the period before taxes | 9903 | €5,207 | -€22,491 | -€27,698 | |
| Profit (loss) for the period | 9904 | €5,207 | -€22,491 | -€27,698 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,207 | -€22,491 | -€27,698 |
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.