ELKOR: 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.
ELKOR
Largest movements
- Deferred charges and accrued income -€4,840
down €4,840 (-21.8%), from €22,203 to €17,363
- Cash +€4,351
up €4,351 (+248.0%), from €1,754 to €6,105
mainly Deferred charges and accrued income (+€4,840) and Tax, wage and social debts (+€771)
- Receivables within one year -€553
down €553 (-10.2%), from €5,415 to €4,862
- Other debts -€2,542
down €2,542 (-10.5%), from €24,168 to €21,626
- Tax, wage and social debts +€771
up €771 (+107.3%), from €719 to €1,491
- Reserves +€706
up €706 (+98.6%), from €716 to €1,423
- Financial charges +€505
up €505 (+19.5%), from €2,586 to €3,091
- Other operating charges -€479
down €479 (-46.8%), from €1,023 to €544
- Gross operating margin +€67
up €67 (+1.3%), from €5,045 to €5,112
- Taxes +€52
up €52 (+7.3%), from €719 to €771
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 | €29,373 | €28,330 | -€1,043 | -3.5% |
| Current assets | 29/58 | €29,373 | €28,330 | -€1,043 | -3.5% |
| Amounts receivable within one year | 40/41 | €5,415 | €4,862 | -€553 | -10.2% |
| Trade receivables | 40 | €5,415 | €4,862 | -€553 | -10.2% |
| Cash at bank and in hand | 54/58 | €1,754 | €6,105 | +€4,351 | +248.0% |
| Deferred charges and accrued income | 490/1 | €22,203 | €17,363 | -€4,840 | -21.8% |
| Total equity and liabilities | 10/49 | €29,373 | €28,330 | -€1,043 | -3.5% |
| Equity | 10/15 | €2,716 | €3,423 | +€706 | +26.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €716 | €1,423 | +€706 | +98.6% |
| Distributable reserves | 133 | €716 | €1,423 | +€706 | +98.6% |
| Amounts payable | 17/49 | €26,656 | €24,908 | -€1,749 | -6.6% |
| Amounts payable within one year | 42/48 | €26,656 | €24,908 | -€1,749 | -6.6% |
| Trade debts | 44 | €1,769 | €1,791 | +€22 | +1.2% |
| Suppliers | 440/4 | €1,769 | €1,791 | +€22 | +1.2% |
| Taxes, remuneration and social security | 45 | €719 | €1,491 | +€771 | +107.3% |
| Taxes | 450/3 | €719 | €1,491 | +€771 | +107.3% |
| Other amounts payable | 47/48 | €24,168 | €21,626 | -€2,542 | -10.5% |
| Other operating charges | 640/8 | €1,023 | €544 | -€479 | -46.8% |
| Gross operating margin | 9900 | €5,045 | €5,112 | +€67 | +1.3% |
| Operating profit (loss) | 9901 | €4,022 | €4,568 | +€547 | +13.6% |
| Financial charges | 65/66B | €2,586 | €3,091 | +€505 | +19.5% |
| Recurring financial charges | 65 | €2,586 | €3,091 | +€505 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €1,436 | €1,478 | +€42 | +2.9% |
| Income taxes | 67/77 | €719 | €771 | +€52 | +7.3% |
| Profit (loss) for the period | 9904 | €716 | €706 | -€10 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €716 | €706 | -€10 | -1.4% |
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 1 October 2026 via checked.be.