Elk Trade: 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.
Elk Trade
Largest movements
- Stocks and contracts +€772,230
up €772,230 (+338%), from €228,498 to €1.0m
- Receivables within one year +€90,969
up €90,969 (+3,594%), from €2,531 to €93,500
of which Trade receivables: +€91,500
- Cash -€11,517
down €11,517 (-27.0%), from €42,713 to €31,196
mainly Stocks and contracts (-€772,230) and Receivables within one year (-€90,969)
- Trade debts +€826,875
up €826,875 (+330%), from €250,927 to €1.1m
- Profit (loss) carried forward +€31,608
up €31,608, from -€30,623 to €985
- Other debts -€16,942
down €16,942 (-32.9%), from €51,437 to €34,495
- Gross operating margin +€68,671
up €68,671, from -€30,214 to €38,457
- Staff costs +€5,324
new in 2025: €5,324
- Financial charges +€463
up €463 (+113%), from €408 to €871
- Other operating charges +€408
new in 2025: €408
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 | €273,742 | €1,125,424 | +€851,682 | +311% |
| Current assets | 29/58 | €273,742 | €1,125,424 | +€851,682 | +311% |
| Stocks and contracts in progress | 3 | €228,498 | €1,000,728 | +€772,230 | +338% |
| Stocks | 30/36 | €228,498 | €1,000,728 | +€772,230 | +338% |
| Amounts receivable within one year | 40/41 | €2,531 | €93,500 | +€90,969 | +3,594% |
| Trade receivables | 40 | - | €91,500 | +€91,500 | |
| Other amounts receivable | 41 | €2,531 | €2,000 | -€531 | -21.0% |
| Cash at bank and in hand | 54/58 | €42,713 | €31,196 | -€11,517 | -27.0% |
| Total equity and liabilities | 10/49 | €273,742 | €1,125,424 | +€851,682 | +311% |
| Equity | 10/15 | -€28,623 | €2,985 | +€31,608 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,623 | €985 | +€31,608 | |
| Amounts payable | 17/49 | €302,365 | €1,122,439 | +€820,074 | +271% |
| Amounts payable within one year | 42/48 | €302,365 | €1,122,439 | +€820,074 | +271% |
| Trade debts | 44 | €250,927 | €1,077,803 | +€826,875 | +330% |
| Suppliers | 440/4 | €250,927 | €1,077,803 | +€826,875 | +330% |
| Taxes, remuneration and social security | 45 | - | €10,141 | +€10,141 | |
| Taxes | 450/3 | - | €5,582 | +€5,582 | |
| Remuneration and social security | 454/9 | - | €4,559 | +€4,559 | |
| Other amounts payable | 47/48 | €51,437 | €34,495 | -€16,942 | -32.9% |
| Remuneration, social security and pensions | 62 | - | €5,324 | +€5,324 | |
| Other operating charges | 640/8 | - | €408 | +€408 | |
| Gross operating margin | 9900 | -€30,214 | €38,457 | +€68,671 | |
| Operating profit (loss) | 9901 | -€30,214 | €32,725 | +€62,940 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €408 | €871 | +€463 | +113% |
| Recurring financial charges | 65 | €408 | €871 | +€463 | +113% |
| Profit (loss) for the period before taxes | 9903 | -€30,623 | €31,854 | +€62,477 | |
| Income taxes | 67/77 | - | €246 | +€246 | |
| Profit (loss) for the period | 9904 | -€30,623 | €31,608 | +€62,230 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,623 | €31,608 | +€62,230 |
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 16 October 2026 via checked.be.