ELINO Consult: 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.
ELINO Consult
Largest movements
- Cash +€85,067
up €85,067 (+177%), from €47,931 to €132,998
mainly Net result for the year (+€80,066) and Tax, wage and social debts (+€15,062)
- Receivables within one year +€2,237
up €2,237 (+12.3%), from €18,162 to €20,399
of which Trade receivables: +€2,215
- Reserves +€80,066
up €80,066 (+258%), from €31,055 to €111,121
- Tax, wage and social debts +€15,062
up €15,062 (+63.9%), from €23,570 to €38,632
of which Taxes: +€17,560
- Trade debts -€6,738
down €6,738 (-73.6%), from €9,160 to €2,423
- Gross operating margin +€65,458
up €65,458 (+159%), from €41,153 to €106,611
- Taxes +€13,174
up €13,174 (+161%), from €8,176 to €21,350
- Other operating charges +€2,101
up €2,101 (+431%), from €487 to €2,588
- Financial charges +€1,717
up €1,717 (+185%), from €926 to €2,643
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 | €67,677 | €154,929 | +€87,253 | +129% |
| Formation expenses | 20 | €508 | - | -€508 | |
| Current assets | 29/58 | €67,169 | €154,929 | +€87,761 | +131% |
| Amounts receivable within one year | 40/41 | €18,162 | €20,399 | +€2,237 | +12.3% |
| Trade receivables | 40 | €18,162 | €20,377 | +€2,215 | +12.2% |
| Other amounts receivable | 41 | - | €23 | +€23 | |
| Cash at bank and in hand | 54/58 | €47,931 | €132,998 | +€85,067 | +177% |
| Deferred charges and accrued income | 490/1 | €1,076 | €1,532 | +€457 | +42.5% |
| Total equity and liabilities | 10/49 | €67,677 | €154,929 | +€87,253 | +129% |
| Equity | 10/15 | €33,555 | €113,621 | +€80,066 | +239% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €31,055 | €111,121 | +€80,066 | +258% |
| Distributable reserves | 133 | €31,055 | €111,121 | +€80,066 | +258% |
| Amounts payable | 17/49 | €34,121 | €41,308 | +€7,187 | +21.1% |
| Amounts payable within one year | 42/48 | €34,121 | €41,308 | +€7,187 | +21.1% |
| Trade debts | 44 | €9,160 | €2,423 | -€6,738 | -73.6% |
| Suppliers | 440/4 | €9,160 | €2,423 | -€6,738 | -73.6% |
| Taxes, remuneration and social security | 45 | €23,570 | €38,632 | +€15,062 | +63.9% |
| Taxes | 450/3 | €21,072 | €38,632 | +€17,560 | +83.3% |
| Remuneration and social security | 454/9 | €2,498 | - | -€2,498 | |
| Other amounts payable | 47/48 | €1,391 | €253 | -€1,138 | -81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508 | €508 | -€0 | 0.0% |
| Other operating charges | 640/8 | €487 | €2,588 | +€2,101 | +431% |
| Gross operating margin | 9900 | €41,153 | €106,611 | +€65,458 | +159% |
| Operating profit (loss) | 9901 | €40,158 | €103,515 | +€63,357 | +158% |
| Financial income | 75/76B | - | €545 | +€545 | |
| Recurring financial income | 75 | - | €545 | +€545 | |
| Financial charges | 65/66B | €926 | €2,643 | +€1,717 | +185% |
| Recurring financial charges | 65 | €926 | €2,643 | +€1,717 | +185% |
| Profit (loss) for the period before taxes | 9903 | €39,231 | €101,416 | +€62,185 | +159% |
| Income taxes | 67/77 | €8,176 | €21,350 | +€13,174 | +161% |
| Profit (loss) for the period | 9904 | €31,055 | €80,066 | +€49,010 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €31,055 | €80,066 | +€49,010 | +158% |
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 17 October 2026 via checked.be.