ELIF KRK: 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.
ELIF KRK
Largest movements
- Receivables within one year -€24,821
down €24,821 (-18.8%), from €132,260 to €107,439
of which Other amounts receivable: -€39,079
- Cash -€17,925
down €17,925 (-96.3%), from €18,623 to €698
mainly Other debts (-€45,000) and Trade debts (-€15,713)
- Tangible fixed assets -€6,664
down €6,664 (-10.3%), from €64,714 to €58,050
of which Leasing and similar rights: -€11,673
- Other debts -€45,000
down €45,000 (-100%), from €45,000 to €0
- Trade debts -€15,713
down €15,713 (-20.0%), from €78,715 to €63,002
- Tax, wage and social debts +€13,783
up €13,783 (+65.1%), from €21,174 to €34,957
of which Remuneration and social security: +€7,498
- Current portion of long-term debt -€4,881
down €4,881 (-30.9%), from €15,802 to €10,921
- Profit (loss) carried forward +€3,422
up €3,422 (+9.9%), from €34,453 to €37,875
- Staff costs +€32,779
up €32,779 (+1,030%), from €3,184 to €35,963
- Gross operating margin -€21,879
down €21,879 (-24.4%), from €89,499 to €67,620
- Taxes -€11,461
down €11,461 (-75.0%), from €15,271 to €3,810
- Depreciation -€9,430
down €9,430 (-49.9%), from €18,916 to €9,486
- Financial income +€4,047
up €4,047 (+344%), from €1,177 to €5,224
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 | €222,953 | €173,579 | -€49,374 | -22.1% |
| Fixed assets | 21/28 | €71,839 | €65,175 | -€6,664 | -9.3% |
| Tangible fixed assets | 22/27 | €64,714 | €58,050 | -€6,664 | -10.3% |
| Plant, machinery and equipment | 23 | €1,884 | €1,256 | -€628 | -33.3% |
| Furniture and vehicles | 24 | €51,157 | €56,794 | +€5,637 | +11.0% |
| Leasing and similar rights | 25 | €11,673 | €0 | -€11,673 | -100% |
| Financial fixed assets | 28 | €7,125 | €7,125 | = | 0.0% |
| Current assets | 29/58 | €151,114 | €108,404 | -€42,710 | -28.3% |
| Amounts receivable within one year | 40/41 | €132,260 | €107,439 | -€24,821 | -18.8% |
| Trade receivables | 40 | €39,875 | €54,132 | +€14,257 | +35.8% |
| Other amounts receivable | 41 | €92,385 | €53,306 | -€39,079 | -42.3% |
| Cash at bank and in hand | 54/58 | €18,623 | €698 | -€17,925 | -96.3% |
| Deferred charges and accrued income | 490/1 | €231 | €267 | +€36 | +15.7% |
| Total equity and liabilities | 10/49 | €222,953 | €173,579 | -€49,374 | -22.1% |
| Equity | 10/15 | €54,913 | €58,335 | +€3,422 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,453 | €37,875 | +€3,422 | +9.9% |
| Amounts payable | 17/49 | €168,040 | €115,244 | -€52,796 | -31.4% |
| Amounts payable after more than one year | 17 | €7,349 | €6,364 | -€985 | -13.4% |
| Financial debts | 170/4 | €7,349 | €6,364 | -€985 | -13.4% |
| Amounts payable within one year | 42/48 | €160,691 | €108,880 | -€51,811 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €15,802 | €10,921 | -€4,881 | -30.9% |
| Trade debts | 44 | €78,715 | €63,002 | -€15,713 | -20.0% |
| Suppliers | 440/4 | €78,715 | €63,002 | -€15,713 | -20.0% |
| Taxes, remuneration and social security | 45 | €21,174 | €34,957 | +€13,783 | +65.1% |
| Taxes | 450/3 | €21,174 | €27,459 | +€6,285 | +29.7% |
| Remuneration and social security | 454/9 | - | €7,498 | +€7,498 | |
| Other amounts payable | 47/48 | €45,000 | €0 | -€45,000 | -100% |
| Non-recurring operating income | 76A | €12,128 | €5,942 | -€6,187 | -51.0% |
| Remuneration, social security and pensions | 62 | €3,184 | €35,963 | +€32,779 | +1,030% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,916 | €9,486 | -€9,430 | -49.9% |
| Other operating charges | 640/8 | €4,000 | €3,124 | -€876 | -21.9% |
| Non-recurring operating charges | 66A | €334 | €372 | +€38 | +11.3% |
| Gross operating margin | 9900 | €89,499 | €67,620 | -€21,879 | -24.4% |
| Operating profit (loss) | 9901 | €63,065 | €18,675 | -€44,390 | -70.4% |
| Financial income | 75/76B | €1,177 | €5,224 | +€4,047 | +344% |
| Recurring financial income | 75 | €1,177 | €5,224 | +€4,047 | +344% |
| Financial charges | 65/66B | €15,212 | €16,667 | +€1,455 | +9.6% |
| Recurring financial charges | 65 | €15,212 | €16,667 | +€1,455 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €49,030 | €7,232 | -€41,798 | -85.2% |
| Income taxes | 67/77 | €15,271 | €3,810 | -€11,461 | -75.0% |
| Profit (loss) for the period | 9904 | €33,759 | €3,422 | -€30,337 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,759 | €3,422 | -€30,337 | -89.9% |
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 25 October 2026 via checked.be.