ELKABEL: 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.
ELKABEL
Largest movements
- Tangible fixed assets -€7,947
down €7,947 (-80.6%), from €9,860 to €1,913
- Cash +€5,993
up €5,993 (+783.9%), from €765 to €6,758
mainly Depreciation (+€7,947) and Net result for the year (+€3,632)
- Receivables within one year +€721
up €721 (+18.1%), from €3,972 to €4,692
of which Trade receivables: +€1,003
- Other debts -€4,865
down €4,865 (-15.2%), from €32,088 to €27,223
- Profit (loss) carried forward +€3,632
up €3,632 (+7.4%), from -€48,998 to -€45,366
- Gross operating margin +€8,082
up €8,082 (+144.4%), from €5,598 to €13,680
- Purchases and services -€7,916
down €7,916 (-34.0%), from €23,285 to €15,368
- Other operating charges +€1,995
new in 2025: €1,995
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 | €14,596 | €13,363 | -€1,234 | -8.5% |
| Fixed assets | 21/28 | €9,860 | €1,913 | -€7,947 | -80.6% |
| Tangible fixed assets | 22/27 | €9,860 | €1,913 | -€7,947 | -80.6% |
| Furniture and vehicles | 24 | €9,860 | €1,913 | -€7,947 | -80.6% |
| Current assets | 29/58 | €4,736 | €11,450 | +€6,714 | +141.7% |
| Amounts receivable within one year | 40/41 | €3,972 | €4,692 | +€721 | +18.1% |
| Trade receivables | 40 | €291 | €1,294 | +€1,003 | +344.8% |
| Other amounts receivable | 41 | €3,681 | €3,398 | -€283 | -7.7% |
| Cash at bank and in hand | 54/58 | €765 | €6,758 | +€5,993 | +783.9% |
| Total equity and liabilities | 10/49 | €14,596 | €13,363 | -€1,234 | -8.5% |
| Equity | 10/15 | -€17,492 | -€13,860 | +€3,632 | +20.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €519 | €519 | = | 0.0% |
| Non-distributable reserves | 130/1 | €519 | €519 | = | 0.0% |
| Legal reserve | 130 | €519 | €519 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,998 | -€45,366 | +€3,632 | +7.4% |
| Amounts payable | 17/49 | €32,088 | €27,223 | -€4,865 | -15.2% |
| Amounts payable within one year | 42/48 | €32,088 | €27,223 | -€4,865 | -15.2% |
| Other amounts payable | 47/48 | €32,088 | €27,223 | -€4,865 | -15.2% |
| Turnover | 70 | €28,883 | €29,049 | +€166 | +0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,285 | €15,368 | -€7,916 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,947 | €7,947 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,995 | +€1,995 | |
| Gross operating margin | 9900 | €5,598 | €13,680 | +€8,082 | +144.4% |
| Operating profit (loss) | 9901 | -€2,349 | €3,738 | +€6,087 | |
| Financial charges | 65/66B | €53 | €106 | +€54 | +101.3% |
| Recurring financial charges | 65 | €53 | €106 | +€54 | +101.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,402 | €3,632 | +€6,034 | |
| Profit (loss) for the period | 9904 | -€2,402 | €3,632 | +€6,034 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,402 | €3,632 | +€6,034 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.