ELKO-TECH: 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.
ELKO-TECH
Largest movements
- Cash +€53,727
up €53,727 (+95.2%), from €56,446 to €110,173
mainly Net result for the year (+€52,644) and Depreciation (+€46,958)
- Tangible fixed assets -€31,026
down €31,026 (-6.3%), from €493,752 to €462,726
of which Furniture and vehicles: -€22,585
- Receivables within one year -€17,454
down €17,454 (-28.6%), from €61,085 to €43,631
of which Other amounts receivable: -€20,714
- Stocks and contracts -€10,109
down €10,109 (-11.4%), from €89,003 to €78,895
- Reserves +€52,644
up €52,644 (+17.4%), from €302,875 to €355,519
of which Distributable reserves: +€52,644
- Debts after one year -€49,308
down €49,308 (-18.2%), from €270,883 to €221,576
- Trade debts -€28,342
down €28,342 (-45.8%), from €61,870 to €33,528
- Tax, wage and social debts +€19,341
up €19,341 (+7316.6%), from €264 to €19,606
- Gross operating margin +€56,595
up €56,595 (+70.5%), from €80,324 to €136,920
- Taxes +€14,166
up €14,166 (+209.3%), from €6,769 to €20,935
- Depreciation +€8,345
up €8,345 (+21.6%), from €38,613 to €46,958
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 | €705,915 | €700,825 | -€5,089 | -0.7% |
| Fixed assets | 21/28 | €493,752 | €462,726 | -€31,026 | -6.3% |
| Tangible fixed assets | 22/27 | €493,752 | €462,726 | -€31,026 | -6.3% |
| Land and buildings | 22 | €377,942 | €372,371 | -€5,571 | -1.5% |
| Plant, machinery and equipment | 23 | €19,091 | €16,221 | -€2,870 | -15.0% |
| Furniture and vehicles | 24 | €96,719 | €74,134 | -€22,585 | -23.4% |
| Current assets | 29/58 | €212,162 | €238,099 | +€25,937 | +12.2% |
| Stocks and contracts in progress | 3 | €89,003 | €78,895 | -€10,109 | -11.4% |
| Stocks | 30/36 | €89,003 | €78,895 | -€10,109 | -11.4% |
| Amounts receivable within one year | 40/41 | €61,085 | €43,631 | -€17,454 | -28.6% |
| Trade receivables | 40 | €39,348 | €42,608 | +€3,260 | +8.3% |
| Other amounts receivable | 41 | €21,737 | €1,023 | -€20,714 | -95.3% |
| Cash at bank and in hand | 54/58 | €56,446 | €110,173 | +€53,727 | +95.2% |
| Deferred charges and accrued income | 490/1 | €5,628 | €5,401 | -€228 | -4.0% |
| Total equity and liabilities | 10/49 | €705,915 | €700,825 | -€5,089 | -0.7% |
| Equity | 10/15 | €321,475 | €374,119 | +€52,644 | +16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €302,875 | €355,519 | +€52,644 | +17.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €87 | €87 | = | 0.0% |
| Distributable reserves | 133 | €300,928 | €353,572 | +€52,644 | +17.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €384,440 | €326,707 | -€57,733 | -15.0% |
| Amounts payable after more than one year | 17 | €270,883 | €221,576 | -€49,308 | -18.2% |
| Financial debts | 170/4 | €270,883 | €221,576 | -€49,308 | -18.2% |
| Amounts payable within one year | 42/48 | €112,488 | €103,909 | -€8,579 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €47,769 | €49,308 | +€1,538 | +3.2% |
| Trade debts | 44 | €61,870 | €33,528 | -€28,342 | -45.8% |
| Suppliers | 440/4 | €61,870 | €33,528 | -€28,342 | -45.8% |
| Taxes, remuneration and social security | 45 | €264 | €19,606 | +€19,341 | +7316.6% |
| Taxes | 450/3 | €264 | €19,606 | +€19,341 | +7316.6% |
| Other amounts payable | 47/48 | €2,584 | €1,468 | -€1,116 | -43.2% |
| Accrued charges and deferred income | 492/3 | €1,069 | €1,222 | +€153 | +14.4% |
| Remuneration, social security and pensions | 62 | - | €338 | +€338 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,613 | €46,958 | +€8,345 | +21.6% |
| Other operating charges | 640/8 | €4,866 | €5,176 | +€309 | +6.4% |
| Gross operating margin | 9900 | €80,324 | €136,920 | +€56,595 | +70.5% |
| Operating profit (loss) | 9901 | €36,845 | €84,448 | +€47,604 | +129.2% |
| Financial income | 75/76B | €435 | €233 | -€202 | -46.4% |
| Recurring financial income | 75 | €435 | €233 | -€202 | -46.4% |
| Financial charges | 65/66B | €10,761 | €11,103 | +€341 | +3.2% |
| Recurring financial charges | 65 | €10,761 | €11,103 | +€341 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €26,518 | €73,579 | +€47,061 | +177.5% |
| Income taxes | 67/77 | €6,769 | €20,935 | +€14,166 | +209.3% |
| Profit (loss) for the period | 9904 | €19,749 | €52,644 | +€32,894 | +166.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,749 | €52,644 | +€32,894 | +166.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.