ELPNetwork ADVISORY SERVICES: 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.
ELPNetwork ADVISORY SERVICES
Largest movements
- Cash -€108,249
down €108,249 (-71.4%), from €151,628 to €43,379
mainly Trade debts (-€82,683) and Receivables within one year (-€42,228)
- Receivables within one year +€42,228
up €42,228 (+14.4%), from €292,780 to €335,008
of which Trade receivables: +€98,040
- Trade debts -€82,683
down €82,683 (-19.5%), from €422,950 to €340,267
- Tax, wage and social debts +€33,110
new in 2025: €33,110
- Accrued charges and deferred income -€15,809
down €15,809 (-97.3%), from €16,250 to €441
- Gross operating margin +€11,964
up €11,964 (+3,889%), from €308 to €12,272
- Taxes +€7,977
up €7,977 (+1,185%), from €673 to €8,650
- Financial charges +€338
up €338 (+31.9%), from €1,062 to €1,400
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 | €444,408 | €380,741 | -€63,668 | -14.3% |
| Current assets | 29/58 | €444,408 | €380,741 | -€63,668 | -14.3% |
| Amounts receivable within one year | 40/41 | €292,780 | €335,008 | +€42,228 | +14.4% |
| Trade receivables | 40 | €236,969 | €335,008 | +€98,040 | +41.4% |
| Other amounts receivable | 41 | €55,812 | €0 | -€55,812 | -100% |
| Cash at bank and in hand | 54/58 | €151,628 | €43,379 | -€108,249 | -71.4% |
| Deferred charges and accrued income | 490/1 | €0 | €2,353 | +€2,353 | |
| Total equity and liabilities | 10/49 | €444,408 | €380,741 | -€63,668 | -14.3% |
| Equity | 10/15 | €5,208 | €6,922 | +€1,714 | +32.9% |
| Contributions | 10/11 | €10,467 | €10,467 | = | 0.0% |
| Contributions outside capital | 11 | €10,467 | €10,467 | = | 0.0% |
| Share premium | 1100/10 | €10,467 | €10,467 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,119 | -€5,405 | +€1,714 | +24.1% |
| Amounts payable | 17/49 | €439,200 | €373,818 | -€65,382 | -14.9% |
| Amounts payable within one year | 42/48 | €422,950 | €373,377 | -€49,573 | -11.7% |
| Trade debts | 44 | €422,950 | €340,267 | -€82,683 | -19.5% |
| Suppliers | 440/4 | €422,950 | €340,267 | -€82,683 | -19.5% |
| Taxes, remuneration and social security | 45 | - | €33,110 | +€33,110 | |
| Taxes | 450/3 | - | €33,110 | +€33,110 | |
| Accrued charges and deferred income | 492/3 | €16,250 | €441 | -€15,809 | -97.3% |
| Other operating charges | 640/8 | €605 | €507 | -€98 | -16.2% |
| Gross operating margin | 9900 | €308 | €12,272 | +€11,964 | +3,889% |
| Operating profit (loss) | 9901 | -€298 | €11,765 | +€12,062 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,062 | €1,400 | +€338 | +31.9% |
| Recurring financial charges | 65 | €1,062 | €1,400 | +€338 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,360 | €10,365 | +€11,724 | |
| Income taxes | 67/77 | €673 | €8,650 | +€7,977 | +1,185% |
| Profit (loss) for the period | 9904 | -€2,033 | €1,714 | +€3,747 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,033 | €1,714 | +€3,747 |
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 16 October 2026 via checked.be.