ELKILIç: 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.
ELKILIç
Largest movements
- Receivables within one year +€358,389
up €358,389 (+241%), from €148,714 to €507,103
- Cash +€330,051
up €330,051 (+6.6%), from €5.0m to €5.3m
mainly Tax, wage and social debts (+€754,118) and Net result for the year (+€206,003)
- Tangible fixed assets +€274,075
up €274,075 (+80.0%), from €342,652 to €616,728
of which Land and buildings: +€277,126
- Tax, wage and social debts +€754,118
up €754,118 (+39.9%), from €1.9m to €2.6m
of which Taxes: +€752,259
- Reserves +€156,129
up €156,129 (+4.4%), from €3.6m to €3.7m
of which Distributable reserves: +€156,129
- Gross operating margin +€143,238
up €143,238 (+10.8%), from €1.3m to €1.5m
- Taxes -€123,075
down €123,075 (-10.1%), from €1.2m to €1.1m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,478,743 | €6,441,259 | +€962,516 | +17.6% |
| Fixed assets | 21/28 | €347,152 | €621,228 | +€274,075 | +78.9% |
| Tangible fixed assets | 22/27 | €342,652 | €616,728 | +€274,075 | +80.0% |
| Land and buildings | 22 | €329,270 | €606,397 | +€277,126 | +84.2% |
| Plant, machinery and equipment | 23 | €2,288 | €640 | -€1,648 | -72.0% |
| Furniture and vehicles | 24 | €11,094 | €9,691 | -€1,403 | -12.6% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €5,131,591 | €5,820,031 | +€688,440 | +13.4% |
| Amounts receivable within one year | 40/41 | €148,714 | €507,103 | +€358,389 | +241% |
| Other amounts receivable | 41 | €148,714 | €507,103 | +€358,389 | +241% |
| Cash at bank and in hand | 54/58 | €4,982,877 | €5,312,928 | +€330,051 | +6.6% |
| Total equity and liabilities | 10/49 | €5,478,743 | €6,441,259 | +€962,516 | +17.6% |
| Equity | 10/15 | €3,523,113 | €3,729,116 | +€206,003 | +5.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €3,560,587 | €3,716,716 | +€156,129 | +4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,558,727 | €3,714,856 | +€156,129 | +4.4% |
| Profit (loss) carried forward | 14 | -€49,874 | - | +€49,874 | |
| Amounts payable | 17/49 | €1,955,630 | €2,712,143 | +€756,513 | +38.7% |
| Amounts payable after more than one year | 17 | €59,000 | €59,000 | = | 0.0% |
| Financial debts | 170/4 | €59,000 | €59,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,896,630 | €2,653,143 | +€756,513 | +39.9% |
| Trade debts | 44 | €1,339 | €7,145 | +€5,806 | +433% |
| Suppliers | 440/4 | €1,339 | €7,145 | +€5,806 | +433% |
| Taxes, remuneration and social security | 45 | €1,891,880 | €2,645,998 | +€754,118 | +39.9% |
| Taxes | 450/3 | €1,860,577 | €2,612,837 | +€752,259 | +40.4% |
| Remuneration and social security | 454/9 | €31,303 | €33,161 | +€1,859 | +5.9% |
| Other amounts payable | 47/48 | €3,411 | - | -€3,411 | |
| Non-recurring operating income | 76A | - | €4,459 | +€4,459 | |
| Remuneration, social security and pensions | 62 | €123,113 | €132,737 | +€9,625 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,825 | €39,194 | +€4,369 | +12.5% |
| Other operating charges | 640/8 | €11,948 | €613 | -€11,335 | -94.9% |
| Non-recurring operating charges | 66A | €6,500 | - | -€6,500 | |
| Gross operating margin | 9900 | €1,330,842 | €1,474,079 | +€143,238 | +10.8% |
| Operating profit (loss) | 9901 | €1,154,456 | €1,301,535 | +€147,079 | +12.7% |
| Financial income | 75/76B | €19,196 | €6,485 | -€12,710 | -66.2% |
| Recurring financial income | 75 | €19,196 | €6,485 | -€12,710 | -66.2% |
| Financial charges | 65/66B | €4,953 | €6,519 | +€1,567 | +31.6% |
| Recurring financial charges | 65 | €4,953 | €6,519 | +€1,567 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €1,168,699 | €1,301,501 | +€132,802 | +11.4% |
| Income taxes | 67/77 | €1,218,573 | €1,095,498 | -€123,075 | -10.1% |
| Profit (loss) for the period | 9904 | -€49,874 | €206,003 | +€255,877 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,874 | €206,003 | +€255,877 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.