ELKAR HANDLING: 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.
ELKAR HANDLING
Largest movements
- Receivables within one year +€547,833
up €547,833 (+2,964%), from €18,480 to €566,313
of which Other amounts receivable: +€545,985
- Current investments -€405,829
down €405,829 (-5.9%), from €6.8m to €6.4m
- Cash -€175,745
down €175,745 (-38.9%), from €451,709 to €275,964
mainly Receivables within one year (-€547,833) and Other debts (-€85,703)
- Reserves +€135,716
up €135,716 (+2.0%), from €6.8m to €6.9m
of which Distributable reserves: +€136,654
- Other debts -€85,703
no longer reported in 2025 (was €85,703)
- Financial income -€6.8m
down €6.8m (-97.1%), from €7.0m to €206,547
- Taxes -€621,921
down €621,921 (-92.3%), from €673,707 to €51,786
- Financial charges +€82,198
up €82,198 (+4,455%), from €1,845 to €84,043
- Gross operating margin -€45,932
down €45,932 (-35.2%), from €130,385 to €84,453
- Depreciation -€5,074
down €5,074 (-21.5%), from €23,650 to €18,577
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 | €7,641,454 | €7,598,256 | -€43,198 | -0.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €331,965 | €313,388 | -€18,577 | -5.6% |
| Tangible fixed assets | 22/27 | €51,965 | €33,388 | -€18,577 | -35.7% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €51,965 | €33,388 | -€18,577 | -35.7% |
| Financial fixed assets | 28 | €280,000 | €280,000 | = | 0.0% |
| Current assets | 29/58 | €7,309,489 | €7,284,869 | -€24,621 | -0.3% |
| Amounts receivable within one year | 40/41 | €18,480 | €566,313 | +€547,833 | +2,964% |
| Trade receivables | 40 | €18,480 | €20,328 | +€1,848 | +10.0% |
| Other amounts receivable | 41 | - | €545,985 | +€545,985 | |
| Current investments | 50/53 | €6,828,344 | €6,422,515 | -€405,829 | -5.9% |
| Cash at bank and in hand | 54/58 | €451,709 | €275,964 | -€175,745 | -38.9% |
| Deferred charges and accrued income | 490/1 | €10,956 | €20,076 | +€9,120 | +83.2% |
| Total equity and liabilities | 10/49 | €7,641,454 | €7,598,256 | -€43,198 | -0.6% |
| Equity | 10/15 | €6,782,336 | €6,918,052 | +€135,716 | +2.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,762,336 | €6,898,052 | +€135,716 | +2.0% |
| Tax-exempt reserves | 132 | €2,623 | €1,685 | -€938 | -35.7% |
| Distributable reserves | 133 | €6,759,713 | €6,896,367 | +€136,654 | +2.0% |
| Provisions and deferred taxes | 16 | €874 | €562 | -€313 | -35.7% |
| Deferred taxes | 168 | €874 | €562 | -€313 | -35.7% |
| Amounts payable | 17/49 | €858,244 | €679,643 | -€178,601 | -20.8% |
| Amounts payable after more than one year | 17 | €39,147 | €9,759 | -€29,388 | -75.1% |
| Financial debts | 170/4 | €39,147 | €9,759 | -€29,388 | -75.1% |
| Amounts payable within one year | 42/48 | €819,097 | €669,883 | -€149,214 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €14,092 | €14,388 | +€296 | +2.1% |
| Trade debts | 44 | €62,619 | €935 | -€61,684 | -98.5% |
| Suppliers | 440/4 | €62,619 | €935 | -€61,684 | -98.5% |
| Taxes, remuneration and social security | 45 | €656,683 | €654,561 | -€2,122 | -0.3% |
| Taxes | 450/3 | €656,683 | €654,561 | -€2,122 | -0.3% |
| Other amounts payable | 47/48 | €85,703 | - | -€85,703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,650 | €18,577 | -€5,074 | -21.5% |
| Other operating charges | 640/8 | €2,309 | €1,189 | -€1,119 | -48.5% |
| Gross operating margin | 9900 | €130,385 | €84,453 | -€45,932 | -35.2% |
| Operating profit (loss) | 9901 | €104,426 | €64,686 | -€39,740 | -38.1% |
| Financial income | 75/76B | €7,013,251 | €206,547 | -€6.8m | -97.1% |
| Recurring financial income | 75 | €7,013,251 | €206,547 | -€6.8m | -97.1% |
| Financial charges | 65/66B | €1,845 | €84,043 | +€82,198 | +4,455% |
| Recurring financial charges | 65 | €1,845 | €84,043 | +€82,198 | +4,455% |
| Profit (loss) for the period before taxes | 9903 | €7,115,832 | €187,190 | -€6.9m | -97.4% |
| Transfer from deferred taxes | 780 | €313 | €313 | = | 0.0% |
| Income taxes | 67/77 | €673,707 | €51,786 | -€621,921 | -92.3% |
| Profit (loss) for the period | 9904 | €6,442,438 | €135,716 | -€6.3m | -97.9% |
| Transfer from tax-exempt reserves | 789 | €938 | €938 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,443,375 | €136,654 | -€6.3m | -97.9% |
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 24 October 2026 via checked.be.