ELKOPLAST: 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.
ELKOPLAST
Largest movements
- Receivables within one year -€1.2m
down €1.2m (-81.0%), from €1.4m to €272,680
of which Trade receivables: -€1.1m
- Cash +€173,445
up €173,445 (+103%), from €168,263 to €341,708
mainly Receivables within one year (+€1.2m) and Net result for the year (+€120,994)
- Stocks and contracts +€45,270
new in 2025: €45,270
- Trade debts -€969,499
down €969,499 (-75.9%), from €1.3m to €308,300
- Reserves +€120,994
up €120,994 (+62.2%), from €194,649 to €315,643
- Tax, wage and social debts -€93,580
down €93,580 (-92.8%), from €100,839 to €7,259
- Gross operating margin -€86,994
down €86,994 (-34.5%), from €252,407 to €165,414
- Taxes +€8,706
up €8,706 (+27.4%), from €31,778 to €40,484
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 | €1,601,879 | €659,794 | -€942,085 | -58.8% |
| Fixed assets | 21/28 | €686 | €136 | -€550 | -80.1% |
| Tangible fixed assets | 22/27 | €686 | €136 | -€550 | -80.1% |
| Plant, machinery and equipment | 23 | €686 | €136 | -€550 | -80.1% |
| Current assets | 29/58 | €1,601,193 | €659,658 | -€941,535 | -58.8% |
| Stocks and contracts in progress | 3 | - | €45,270 | +€45,270 | |
| Stocks | 30/36 | - | €45,270 | +€45,270 | |
| Amounts receivable within one year | 40/41 | €1,432,930 | €272,680 | -€1.2m | -81.0% |
| Trade receivables | 40 | €1,402,433 | €266,466 | -€1.1m | -81.0% |
| Other amounts receivable | 41 | €30,498 | €6,214 | -€24,283 | -79.6% |
| Cash at bank and in hand | 54/58 | €168,263 | €341,708 | +€173,445 | +103% |
| Total equity and liabilities | 10/49 | €1,601,879 | €659,794 | -€942,085 | -58.8% |
| Equity | 10/15 | €223,241 | €344,235 | +€120,994 | +54.2% |
| Contributions | 10/11 | €28,592 | €28,592 | = | 0.0% |
| Reserves | 13 | €194,649 | €315,643 | +€120,994 | +62.2% |
| Distributable reserves | 133 | €194,649 | €315,643 | +€120,994 | +62.2% |
| Amounts payable | 17/49 | €1,378,638 | €315,559 | -€1.1m | -77.1% |
| Amounts payable within one year | 42/48 | €1,378,638 | €315,559 | -€1.1m | -77.1% |
| Trade debts | 44 | €1,277,799 | €308,300 | -€969,499 | -75.9% |
| Suppliers | 440/4 | €1,277,799 | €308,300 | -€969,499 | -75.9% |
| Taxes, remuneration and social security | 45 | €100,839 | €7,259 | -€93,580 | -92.8% |
| Taxes | 450/3 | €100,839 | €7,259 | -€93,580 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €550 | = | 0.0% |
| Other operating charges | 640/8 | €1,040 | €1,659 | +€619 | +59.5% |
| Non-recurring operating charges | 66A | €133,091 | - | -€133,091 | |
| Gross operating margin | 9900 | €252,407 | €165,414 | -€86,994 | -34.5% |
| Operating profit (loss) | 9901 | €117,726 | €163,205 | +€45,479 | +38.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €688 | €1,728 | +€1,040 | +151% |
| Recurring financial charges | 65 | €688 | €1,728 | +€1,040 | +151% |
| Profit (loss) for the period before taxes | 9903 | €117,038 | €161,479 | +€44,440 | +38.0% |
| Income taxes | 67/77 | €31,778 | €40,484 | +€8,706 | +27.4% |
| Profit (loss) for the period | 9904 | €85,260 | €120,994 | +€35,734 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,260 | €120,994 | +€35,734 | +41.9% |
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 17 October 2026 via checked.be.