ELKA TRANS: 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.
ELKA TRANS
Largest movements
- Tangible fixed assets +€33,873
up €33,873 (+36.3%), from €93,358 to €127,231
of which Furniture and vehicles: +€30,285
- Cash +€29,293
up €29,293 (+38.7%), from €75,642 to €104,935
mainly Net result for the year (+€55,388) and Depreciation (+€24,658)
- Reserves +€54,900
up €54,900 (+36.1%), from €151,996 to €206,896
of which Distributable reserves: +€56,500
- Other debts -€28,685
down €28,685 (-99.4%), from €28,848 to €163
- Debts after one year +€11,229
up €11,229 (+50.8%), from €22,096 to €33,325
- Tax, wage and social debts +€11,226
up €11,226 (+96.3%), from €11,651 to €22,877
of which Taxes: +€11,217
- Current portion of long-term debt +€8,528
up €8,528 (+57.9%), from €14,720 to €23,248
- Gross operating margin +€33,670
up €33,670 (+40.7%), from €82,727 to €116,397
- Depreciation -€20,975
down €20,975 (-46.0%), from €45,633 to €24,658
- Taxes +€18,582
up €18,582 (+187%), from €9,963 to €28,545
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 | €263,411 | €326,271 | +€62,860 | +23.9% |
| Fixed assets | 21/28 | €108,358 | €142,231 | +€33,873 | +31.3% |
| Tangible fixed assets | 22/27 | €93,358 | €127,231 | +€33,873 | +36.3% |
| Plant, machinery and equipment | 23 | €23,186 | €19,933 | -€3,253 | -14.0% |
| Furniture and vehicles | 24 | €68,400 | €98,686 | +€30,285 | +44.3% |
| Other tangible fixed assets | 26 | €1,772 | €8,613 | +€6,841 | +386% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €155,053 | €184,040 | +€28,987 | +18.7% |
| Amounts receivable within one year | 40/41 | €31,811 | €29,500 | -€2,311 | -7.3% |
| Trade receivables | 40 | €31,619 | €29,308 | -€2,311 | -7.3% |
| Other amounts receivable | 41 | €192 | €192 | = | 0.0% |
| Current investments | 50/53 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,642 | €104,935 | +€29,293 | +38.7% |
| Deferred charges and accrued income | 490/1 | €7,600 | €9,605 | +€2,005 | +26.4% |
| Total equity and liabilities | 10/49 | €263,411 | €326,271 | +€62,860 | +23.9% |
| Equity | 10/15 | €166,207 | €221,596 | +€55,388 | +33.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €151,996 | €206,896 | +€54,900 | +36.1% |
| Tax-exempt reserves | 132 | €33,996 | €32,396 | -€1,600 | -4.7% |
| Distributable reserves | 133 | €118,000 | €174,500 | +€56,500 | +47.9% |
| Profit (loss) carried forward | 14 | €1,811 | €2,300 | +€488 | +27.0% |
| Provisions and deferred taxes | 16 | €1,459 | €1,059 | -€400 | -27.4% |
| Deferred taxes | 168 | €1,459 | €1,059 | -€400 | -27.4% |
| Amounts payable | 17/49 | €95,746 | €103,617 | +€7,872 | +8.2% |
| Amounts payable after more than one year | 17 | €22,096 | €33,325 | +€11,229 | +50.8% |
| Financial debts | 170/4 | €22,096 | €33,325 | +€11,229 | +50.8% |
| Amounts payable within one year | 42/48 | €73,649 | €70,292 | -€3,357 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €14,720 | €23,248 | +€8,528 | +57.9% |
| Financial debts | 43 | €15,000 | €15,000 | = | 0.0% |
| Credit institutions | 430/8 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €3,431 | €9,005 | +€5,574 | +162% |
| Suppliers | 440/4 | €3,431 | €9,005 | +€5,574 | +162% |
| Taxes, remuneration and social security | 45 | €11,651 | €22,877 | +€11,226 | +96.3% |
| Taxes | 450/3 | €11,450 | €22,667 | +€11,217 | +98.0% |
| Remuneration and social security | 454/9 | €201 | €210 | +€8 | +4.2% |
| Other amounts payable | 47/48 | €28,848 | €163 | -€28,685 | -99.4% |
| Remuneration, social security and pensions | 62 | €2,434 | €2,582 | +€148 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,633 | €24,658 | -€20,975 | -46.0% |
| Other operating charges | 640/8 | €5,829 | €5,595 | -€235 | -4.0% |
| Gross operating margin | 9900 | €82,727 | €116,397 | +€33,670 | +40.7% |
| Operating profit (loss) | 9901 | €28,831 | €83,563 | +€54,732 | +190% |
| Financial income | 75/76B | €1,827 | €2,844 | +€1,017 | +55.7% |
| Recurring financial income | 75 | €1,827 | €1,052 | -€774 | -42.4% |
| Non-recurring financial income | 76B | - | €1,792 | +€1,792 | |
| Financial charges | 65/66B | €2,151 | €2,873 | +€722 | +33.6% |
| Recurring financial charges | 65 | €2,151 | €2,873 | +€722 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €28,507 | €83,534 | +€55,027 | +193% |
| Transfer from deferred taxes | 780 | €1,104 | €400 | -€704 | -63.8% |
| Income taxes | 67/77 | €9,963 | €28,545 | +€18,582 | +187% |
| Profit (loss) for the period | 9904 | €19,648 | €55,388 | +€35,740 | +182% |
| Transfer from tax-exempt reserves | 789 | €4,416 | €1,600 | -€2,816 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,064 | €56,988 | +€32,924 | +137% |
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 20 October 2026 via checked.be.