Elina: 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.
Elina
Largest movements
- Cash -€17,814
down €17,814 (-83.9%), from €21,230 to €3,416
mainly Debts after one year (-€35,000) and Net result for the year (-€22,705)
- Receivables within one year -€8,725
down €8,725 (-100.0%), from €8,725 to €0
of which Trade receivables: -€4,906
- Deferred charges and accrued income -€3,470
down €3,470 (-78.4%), from €4,425 to €956
- Tangible fixed assets -€1,476
down €1,476 (-68.7%), from €2,148 to €672
- Stocks and contracts -€1,355
down €1,355 (-10.2%), from €13,231 to €11,876
- Debts after one year -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Profit (loss) carried forward -€22,705
down €22,705 (-43.5%), from -€52,234 to -€74,939
- Other debts +€14,155
up €14,155, from €0 to €14,155
- Trade debts +€7,888
up €7,888 (+71.7%), from €11,003 to €18,892
- Current portion of long-term debt +€7,534
up €7,534 (+69.5%), from €10,835 to €18,369
- Gross operating margin -€13,367
down €13,367 (-16.9%), from €79,303 to €65,936
- Staff costs +€10,164
up €10,164 (+14.2%), from €71,577 to €81,741
- Financial charges +€2,111
up €2,111 (+72.8%), from €2,900 to €5,011
- Other operating charges -€1,449
down €1,449 (-59.0%), from €2,454 to €1,005
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 | €49,910 | €17,069 | -€32,841 | -65.8% |
| Fixed assets | 21/28 | €2,298 | €822 | -€1,476 | -64.2% |
| Tangible fixed assets | 22/27 | €2,148 | €672 | -€1,476 | -68.7% |
| Plant, machinery and equipment | 23 | €2,148 | €672 | -€1,476 | -68.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €47,612 | €16,247 | -€31,364 | -65.9% |
| Stocks and contracts in progress | 3 | €13,231 | €11,876 | -€1,355 | -10.2% |
| Stocks | 30/36 | €13,231 | €11,876 | -€1,355 | -10.2% |
| Amounts receivable within one year | 40/41 | €8,725 | €0 | -€8,725 | -100.0% |
| Trade receivables | 40 | €4,906 | €0 | -€4,906 | -100.0% |
| Other amounts receivable | 41 | €3,818 | €0 | -€3,818 | -100.0% |
| Cash at bank and in hand | 54/58 | €21,230 | €3,416 | -€17,814 | -83.9% |
| Deferred charges and accrued income | 490/1 | €4,425 | €956 | -€3,470 | -78.4% |
| Total equity and liabilities | 10/49 | €49,910 | €17,069 | -€32,841 | -65.8% |
| Equity | 10/15 | -€19,423 | -€42,127 | -€22,705 | -116.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €14,262 | €14,262 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €12,407 | €12,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,234 | -€74,939 | -€22,705 | -43.5% |
| Amounts payable | 17/49 | €69,332 | €59,196 | -€10,136 | -14.6% |
| Amounts payable after more than one year | 17 | €35,000 | €0 | -€35,000 | -100.0% |
| Financial debts | 170/4 | €35,000 | €0 | -€35,000 | -100.0% |
| Amounts payable within one year | 42/48 | €33,524 | €58,797 | +€25,273 | +75.4% |
| Current portion of amounts payable after more than one year | 42 | €10,835 | €18,369 | +€7,534 | +69.5% |
| Trade debts | 44 | €11,003 | €18,892 | +€7,888 | +71.7% |
| Suppliers | 440/4 | €11,003 | €18,892 | +€7,888 | +71.7% |
| Taxes, remuneration and social security | 45 | €11,685 | €7,381 | -€4,305 | -36.8% |
| Taxes | 450/3 | €4,475 | €2,243 | -€2,232 | -49.9% |
| Remuneration and social security | 454/9 | €7,211 | €5,138 | -€2,072 | -28.7% |
| Other amounts payable | 47/48 | €0 | €14,155 | +€14,155 | |
| Accrued charges and deferred income | 492/3 | €808 | €400 | -€408 | -50.5% |
| Remuneration, social security and pensions | 62 | €71,577 | €81,741 | +€10,164 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,476 | €1,476 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,454 | €1,005 | -€1,449 | -59.0% |
| Gross operating margin | 9900 | €79,303 | €65,936 | -€13,367 | -16.9% |
| Operating profit (loss) | 9901 | €3,796 | -€18,287 | -€22,083 | |
| Financial income | 75/76B | €892 | €593 | -€299 | -33.5% |
| Recurring financial income | 75 | €892 | €593 | -€299 | -33.5% |
| Financial charges | 65/66B | €2,900 | €5,011 | +€2,111 | +72.8% |
| Recurring financial charges | 65 | €2,900 | €5,011 | +€2,111 | +72.8% |
| Profit (loss) for the period before taxes | 9903 | €1,788 | -€22,705 | -€24,493 | |
| Income taxes | 67/77 | €135 | €0 | -€135 | -100.0% |
| Profit (loss) for the period | 9904 | €1,652 | -€22,705 | -€24,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,652 | -€22,705 | -€24,357 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.