ELIKA: 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.
ELIKA
Largest movements
- Current investments +€175,000
new in 2025: €175,000
- Receivables within one year -€174,548
down €174,548 (-89.0%), from €196,148 to €21,600
of which Trade receivables: -€174,548
- Tangible fixed assets -€73,560
down €73,560 (-1.9%), from €3.8m to €3.7m
- Cash -€59,483
down €59,483 (-45.9%), from €129,572 to €70,088
mainly Other debts (-€1.8m) and Current investments (-€175,000)
- Other debts -€1.8m
down €1.8m (-47.8%), from €3.8m to €2.0m
- Contributions +€1.7m
up €1.7m (+1700.0%), from €100,000 to €1.8m
- Profit (loss) carried forward +€47,729
up €47,729 (+26.4%), from €181,085 to €228,814
- Tax, wage and social debts -€47,044
down €47,044 (-75.4%), from €62,396 to €15,352
- Gross operating margin -€264,194
down €264,194 (-61.3%), from €431,312 to €167,118
- Financial charges -€72,412
down €72,412 (-99.9%), from €72,457 to €46
- Depreciation -€37,697
down €37,697 (-25.3%), from €148,784 to €111,087
- Other operating charges +€8,430
up €8,430 (+675.8%), from €1,247 to €9,678
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 | €4,155,796 | €4,023,403 | -€132,393 | -3.2% |
| Fixed assets | 21/28 | €3,821,094 | €3,747,534 | -€73,560 | -1.9% |
| Tangible fixed assets | 22/27 | €3,821,094 | €3,747,534 | -€73,560 | -1.9% |
| Land and buildings | 22 | €3,821,094 | €3,747,534 | -€73,560 | -1.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €334,702 | €275,869 | -€58,833 | -17.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €196,148 | €21,600 | -€174,548 | -89.0% |
| Trade receivables | 40 | €196,148 | €21,600 | -€174,548 | -89.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | - | €175,000 | +€175,000 | |
| Cash at bank and in hand | 54/58 | €129,572 | €70,088 | -€59,483 | -45.9% |
| Deferred charges and accrued income | 490/1 | €8,983 | €9,181 | +€198 | +2.2% |
| Total equity and liabilities | 10/49 | €4,155,796 | €4,023,403 | -€132,393 | -3.2% |
| Equity | 10/15 | €281,085 | €2,028,814 | +€1.7m | +621.8% |
| Contributions | 10/11 | €100,000 | €1,800,000 | +€1.7m | +1700.0% |
| Profit (loss) carried forward | 14 | €181,085 | €228,814 | +€47,729 | +26.4% |
| Amounts payable | 17/49 | €3,874,711 | €1,994,589 | -€1.9m | -48.5% |
| Amounts payable within one year | 42/48 | €3,872,811 | €1,992,635 | -€1.9m | -48.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €30,823 | €5,083 | -€25,739 | -83.5% |
| Suppliers | 440/4 | €30,823 | €5,083 | -€25,739 | -83.5% |
| Taxes, remuneration and social security | 45 | €62,396 | €15,352 | -€47,044 | -75.4% |
| Taxes | 450/3 | €62,396 | €15,352 | -€47,044 | -75.4% |
| Other amounts payable | 47/48 | €3,779,592 | €1,972,200 | -€1.8m | -47.8% |
| Accrued charges and deferred income | 492/3 | €1,900 | €1,954 | +€54 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,784 | €111,087 | -€37,697 | -25.3% |
| Other operating charges | 640/8 | €1,247 | €9,678 | +€8,430 | +675.8% |
| Gross operating margin | 9900 | €431,312 | €167,118 | -€264,194 | -61.3% |
| Operating profit (loss) | 9901 | €281,280 | €46,353 | -€234,927 | -83.5% |
| Financial income | 75/76B | €3,657 | €1,422 | -€2,236 | -61.1% |
| Recurring financial income | 75 | €3,657 | €1,422 | -€2,236 | -61.1% |
| Financial charges | 65/66B | €72,457 | €46 | -€72,412 | -99.9% |
| Recurring financial charges | 65 | €72,457 | €46 | -€72,412 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €212,480 | €47,729 | -€164,751 | -77.5% |
| Profit (loss) for the period | 9904 | €212,480 | €47,729 | -€164,751 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €212,480 | €47,729 | -€164,751 | -77.5% |
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 30 September 2026 via checked.be.