ELOGIA: 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.
ELOGIA
Largest movements
- Cash +€18,677
up €18,677 (+54.4%), from €34,329 to €53,006
mainly Other debts (+€34,040) and Net result for the year (+€32,988)
- Receivables within one year -€3,979
down €3,979 (-28.7%), from €13,874 to €9,895
of which Other amounts receivable: -€3,014
- Deferred charges and accrued income +€2,678
up €2,678 (+50.2%), from €5,336 to €8,014
- Other debts +€34,040
up €34,040 (+180%), from €18,904 to €52,943
- Reserves -€19,565
down €19,565 (-63.7%), from €30,716 to €11,152
of which Distributable reserves: -€19,565
- Trade debts +€2,500
up €2,500 (+365%), from €684 to €3,185
- Advances received +€900
new in 2025: €900
- Gross operating margin +€36,426
up €36,426 (+218%), from €16,710 to €53,136
- Taxes +€8,580
up €8,580 (+306%), from €2,804 to €11,384
- Write-downs +€3,650
new in 2025: €3,650
- Financial income -€1,111
down €1,111 (-80.6%), from €1,378 to €267
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 | €56,956 | €74,845 | +€17,890 | +31.4% |
| Fixed assets | 21/28 | €3,417 | €3,931 | +€514 | +15.0% |
| Tangible fixed assets | 22/27 | €3,417 | €3,931 | +€514 | +15.0% |
| Furniture and vehicles | 24 | €3,417 | €3,931 | +€514 | +15.0% |
| Current assets | 29/58 | €53,539 | €70,914 | +€17,376 | +32.5% |
| Amounts receivable within one year | 40/41 | €13,874 | €9,895 | -€3,979 | -28.7% |
| Trade receivables | 40 | €3,102 | €2,137 | -€965 | -31.1% |
| Other amounts receivable | 41 | €10,772 | €7,757 | -€3,014 | -28.0% |
| Cash at bank and in hand | 54/58 | €34,329 | €53,006 | +€18,677 | +54.4% |
| Deferred charges and accrued income | 490/1 | €5,336 | €8,014 | +€2,678 | +50.2% |
| Total equity and liabilities | 10/49 | €56,956 | €74,845 | +€17,890 | +31.4% |
| Equity | 10/15 | €36,916 | €17,352 | -€19,565 | -53.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,716 | €11,152 | -€19,565 | -63.7% |
| Tax-exempt reserves | 132 | €9,292 | €9,292 | = | 0.0% |
| Distributable reserves | 133 | €21,425 | €1,860 | -€19,565 | -91.3% |
| Amounts payable | 17/49 | €20,039 | €57,494 | +€37,454 | +187% |
| Amounts payable within one year | 42/48 | €20,038 | €57,478 | +€37,440 | +187% |
| Trade debts | 44 | €684 | €3,185 | +€2,500 | +365% |
| Suppliers | 440/4 | €684 | €3,185 | +€2,500 | +365% |
| Advances received on contracts in progress | 46 | - | €900 | +€900 | |
| Taxes, remuneration and social security | 45 | €450 | €450 | = | 0.0% |
| Taxes | 450/3 | €450 | €450 | = | 0.0% |
| Other amounts payable | 47/48 | €18,904 | €52,943 | +€34,040 | +180% |
| Accrued charges and deferred income | 492/3 | €1 | €16 | +€14 | +1,010% |
| Non-recurring operating income | 76A | - | €2,725 | +€2,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,995 | €3,073 | +€78 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,650 | +€3,650 | |
| Other operating charges | 640/8 | €242 | €388 | +€146 | +60.3% |
| Gross operating margin | 9900 | €16,710 | €53,136 | +€36,426 | +218% |
| Operating profit (loss) | 9901 | €13,473 | €46,026 | +€32,553 | +242% |
| Financial income | 75/76B | €1,378 | €267 | -€1,111 | -80.6% |
| Recurring financial income | 75 | €1,378 | €267 | -€1,111 | -80.6% |
| Financial charges | 65/66B | €2,289 | €1,921 | -€369 | -16.1% |
| Recurring financial charges | 65 | €2,289 | €1,921 | -€369 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €12,562 | €44,372 | +€31,811 | +253% |
| Income taxes | 67/77 | €2,804 | €11,384 | +€8,580 | +306% |
| Profit (loss) for the period | 9904 | €9,758 | €32,988 | +€23,230 | +238% |
| Profit (loss) for the period to be appropriated | 9905 | €9,758 | €32,988 | +€23,230 | +238% |
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.