ELICHA: 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.
ELICHA
Largest movements
- Receivables within one year +€375,576
up €375,576 (+251.5%), from €149,341 to €524,918
of which Trade receivables: +€285,673
- Cash -€36,684
down €36,684 (-26.0%), from €141,060 to €104,376
mainly Receivables within one year (-€375,576) and Debts after one year (-€68,024)
- Receivables after one year +€16,000
up €16,000 (+19.7%), from €81,400 to €97,400
- Deferred charges and accrued income -€11,177
down €11,177 (-53.1%), from €21,034 to €9,857
- Profit (loss) carried forward +€334,315
up €334,315, from -€201,847 to €132,468
- Debts after one year -€68,024
down €68,024 (-25.8%), from €263,481 to €195,457
- Other debts +€30,000
up €30,000, from €0 to €30,000
- Reserves +€20,000
up €20,000 (+125.0%), from €16,000 to €36,000
- Tax, wage and social debts +€19,758
up €19,758 (+179.6%), from €11,003 to €30,761
- Gross operating margin +€300,194
up €300,194 (+324.0%), from €92,666 to €392,861
- Financial charges -€142,808
down €142,808 (-91.0%), from €156,984 to €14,176
of which Non-recurring financial charges: -€149,000
- Financial income -€141,158
down €141,158 (-91.8%), from €153,798 to €12,640
of which Non-recurring financial income: -€148,999
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 | €551,049 | €895,206 | +€344,157 | +62.5% |
| Fixed assets | 21/28 | €158,214 | €158,655 | +€441 | +0.3% |
| Tangible fixed assets | 22/27 | €1,214 | €1,655 | +€441 | +36.4% |
| Furniture and vehicles | 24 | €1,214 | €1,655 | +€441 | +36.4% |
| Financial fixed assets | 28 | €157,000 | €157,000 | = | 0.0% |
| Current assets | 29/58 | €392,835 | €736,551 | +€343,716 | +87.5% |
| Amounts receivable after more than one year | 29 | €81,400 | €97,400 | +€16,000 | +19.7% |
| Other amounts receivable | 291 | €81,400 | €97,400 | +€16,000 | +19.7% |
| Amounts receivable within one year | 40/41 | €149,341 | €524,918 | +€375,576 | +251.5% |
| Trade receivables | 40 | €36,363 | €322,036 | +€285,673 | +785.6% |
| Other amounts receivable | 41 | €112,978 | €202,881 | +€89,903 | +79.6% |
| Cash at bank and in hand | 54/58 | €141,060 | €104,376 | -€36,684 | -26.0% |
| Deferred charges and accrued income | 490/1 | €21,034 | €9,857 | -€11,177 | -53.1% |
| Total equity and liabilities | 10/49 | €551,049 | €895,206 | +€344,157 | +62.5% |
| Equity | 10/15 | €174,153 | €528,468 | +€354,315 | +203.5% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Capital | 10 | €360,000 | €360,000 | = | 0.0% |
| Issued capital | 100 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €36,000 | +€20,000 | +125.0% |
| Non-distributable reserves | 130/1 | €16,000 | €36,000 | +€20,000 | +125.0% |
| Legal reserve | 130 | €16,000 | €36,000 | +€20,000 | +125.0% |
| Profit (loss) carried forward | 14 | -€201,847 | €132,468 | +€334,315 | |
| Amounts payable | 17/49 | €376,896 | €366,738 | -€10,158 | -2.7% |
| Amounts payable after more than one year | 17 | €263,481 | €195,457 | -€68,024 | -25.8% |
| Financial debts | 170/4 | €263,481 | €195,457 | -€68,024 | -25.8% |
| Amounts payable within one year | 42/48 | €113,415 | €171,282 | +€57,866 | +51.0% |
| Current portion of amounts payable after more than one year | 42 | €65,325 | €68,024 | +€2,699 | +4.1% |
| Financial debts | 43 | €8,333 | €0 | -€8,333 | -100.0% |
| Credit institutions | 430/8 | €8,333 | €0 | -€8,333 | -100.0% |
| Trade debts | 44 | €28,754 | €42,497 | +€13,743 | +47.8% |
| Suppliers | 440/4 | €28,754 | €42,497 | +€13,743 | +47.8% |
| Taxes, remuneration and social security | 45 | €11,003 | €30,761 | +€19,758 | +179.6% |
| Taxes | 450/3 | €11,003 | €30,761 | +€19,758 | +179.6% |
| Other amounts payable | 47/48 | €0 | €30,000 | +€30,000 | |
| Non-recurring operating income | 76A | €18,006 | €0 | -€18,006 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €709 | €909 | +€200 | +28.3% |
| Other operating charges | 640/8 | €6,852 | €5,792 | -€1,060 | -15.5% |
| Non-recurring operating charges | 66A | €550,035 | €0 | -€550,035 | -100.0% |
| Gross operating margin | 9900 | €92,666 | €392,861 | +€300,194 | +324.0% |
| Operating profit (loss) | 9901 | -€464,929 | €386,159 | +€851,089 | |
| Financial income | 75/76B | €153,798 | €12,640 | -€141,158 | -91.8% |
| Recurring financial income | 75 | €4,799 | €12,640 | +€7,841 | +163.4% |
| Non-recurring financial income | 76B | €148,999 | €0 | -€148,999 | -100.0% |
| Financial charges | 65/66B | €156,984 | €14,176 | -€142,808 | -91.0% |
| Recurring financial charges | 65 | €7,984 | €14,176 | +€6,192 | +77.6% |
| Non-recurring financial charges | 66B | €149,000 | €0 | -€149,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€468,115 | €384,624 | +€852,738 | |
| Income taxes | 67/77 | €330 | €309 | -€21 | -6.4% |
| Profit (loss) for the period | 9904 | -€468,444 | €384,315 | +€852,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€468,444 | €384,315 | +€852,759 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.