Elithi: 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.
Elithi
Largest movements
- Tangible fixed assets -€10,000
down €10,000 (-59.4%), from €16,832 to €6,832
of which Furniture and vehicles: -€10,000
- Stocks and contracts -€2,230
no longer reported in 2026 (was €2,230)
- Cash +€502
up €502 (+158.4%), from €317 to €819
mainly Investment in fixed assets (net) (+€10,000) and Stocks and contracts (+€2,230)
- Profit (loss) carried forward -€9,193
down €9,193, from €756 to -€8,437
- Other debts -€2,418
down €2,418 (-48.7%), from €4,961 to €2,543
- Financial charges +€10,162
up €10,162 (+8914.0%), from €114 to €10,276
of which Non-recurring financial charges: +€10,000
- Depreciation -€1,200
no longer reported in 2026 (was €1,200)
- Other operating charges +€654
new in 2026: €654
- Gross operating margin +€208
up €208 (+13.6%), from €1,526 to €1,734
- Taxes -€84
no longer reported in 2026 (was €84)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,094 | €14,351 | -€11,743 | -45.0% |
| Fixed assets | 21/28 | €20,332 | €10,332 | -€10,000 | -49.2% |
| Intangible fixed assets | 21 | €3,500 | €3,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €16,832 | €6,832 | -€10,000 | -59.4% |
| Plant, machinery and equipment | 23 | €6,832 | €6,832 | = | 0.0% |
| Furniture and vehicles | 24 | €10,000 | - | -€10,000 | |
| Current assets | 29/58 | €5,762 | €4,019 | -€1,743 | -30.2% |
| Stocks and contracts in progress | 3 | €2,230 | - | -€2,230 | |
| Stocks | 30/36 | €2,230 | - | -€2,230 | |
| Amounts receivable within one year | 40/41 | €3,082 | €3,200 | +€118 | +3.8% |
| Trade receivables | 40 | €3,082 | €3,200 | +€118 | +3.8% |
| Cash at bank and in hand | 54/58 | €317 | €819 | +€502 | +158.4% |
| Deferred charges and accrued income | 490/1 | €133 | - | -€133 | |
| Total equity and liabilities | 10/49 | €26,094 | €14,351 | -€11,743 | -45.0% |
| Equity | 10/15 | €20,556 | €11,363 | -€9,193 | -44.7% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €1,800 | €1,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,800 | €1,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €756 | -€8,437 | -€9,193 | |
| Amounts payable | 17/49 | €5,538 | €2,988 | -€2,550 | -46.0% |
| Amounts payable within one year | 42/48 | €5,538 | €2,988 | -€2,550 | -46.0% |
| Trade debts | 44 | - | €27 | +€27 | |
| Suppliers | 440/4 | - | €27 | +€27 | |
| Taxes, remuneration and social security | 45 | €577 | €418 | -€159 | -27.6% |
| Taxes | 450/3 | €577 | €418 | -€159 | -27.6% |
| Other amounts payable | 47/48 | €4,961 | €2,543 | -€2,418 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | - | -€1,200 | |
| Other operating charges | 640/8 | - | €654 | +€654 | |
| Gross operating margin | 9900 | €1,526 | €1,734 | +€208 | +13.6% |
| Operating profit (loss) | 9901 | €326 | €1,080 | +€754 | +231.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €114 | €10,276 | +€10,162 | +8914.0% |
| Recurring financial charges | 65 | €114 | €276 | +€162 | +142.1% |
| Non-recurring financial charges | 66B | - | €10,000 | +€10,000 | |
| Profit (loss) for the period before taxes | 9903 | €212 | -€9,193 | -€9,405 | |
| Income taxes | 67/77 | €84 | - | -€84 | |
| Profit (loss) for the period | 9904 | €128 | -€9,193 | -€9,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €128 | -€9,193 | -€9,321 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.