ELPRINTA: 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.
ELPRINTA
Largest movements
- Cash -€80,120
down €80,120 (-69.4%), from €115,459 to €35,339
mainly Debts after one year (-€75,000) and Investment in fixed assets (net) (-€35,017)
- Deferred charges and accrued income -€39,027
down €39,027 (-99.7%), from €39,152 to €125
- Tangible fixed assets +€21,297
up €21,297 (+2.2%), from €953,354 to €974,651
of which Land and buildings: +€24,858
- Debts after one year -€75,000
down €75,000 (-75.0%), from €100,000 to €25,000
- Reserves -€53,545
down €53,545 (-15.9%), from €337,611 to €284,066
of which Tax-exempt reserves: -€53,545
- Profit (loss) carried forward +€29,267
up €29,267 (+3.2%), from -€903,078 to -€873,811
- Gross operating margin -€177,126
down €177,126 (-72.3%), from €244,884 to €67,758
- Depreciation +€5,129
up €5,129 (+59.7%), from €8,591 to €13,720
- Financial charges -€4,659
down €4,659 (-42.2%), from €11,046 to €6,387
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 | €1,107,965 | €1,010,365 | -€97,600 | -8.8% |
| Fixed assets | 21/28 | €953,354 | €974,651 | +€21,297 | +2.2% |
| Tangible fixed assets | 22/27 | €953,354 | €974,651 | +€21,297 | +2.2% |
| Land and buildings | 22 | €927,411 | €952,269 | +€24,858 | +2.7% |
| Plant, machinery and equipment | 23 | €25,942 | €22,382 | -€3,561 | -13.7% |
| Current assets | 29/58 | €154,611 | €35,714 | -€118,897 | -76.9% |
| Amounts receivable within one year | 40/41 | - | €250 | +€250 | |
| Trade receivables | 40 | - | €250 | +€250 | |
| Cash at bank and in hand | 54/58 | €115,459 | €35,339 | -€80,120 | -69.4% |
| Deferred charges and accrued income | 490/1 | €39,152 | €125 | -€39,027 | -99.7% |
| Total equity and liabilities | 10/49 | €1,107,965 | €1,010,365 | -€97,600 | -8.8% |
| Equity | 10/15 | €931,490 | €907,212 | -€24,278 | -2.6% |
| Contributions | 10/11 | €1,420,000 | €1,420,000 | = | 0.0% |
| Capital | 10 | €1,420,000 | €1,420,000 | = | 0.0% |
| Issued capital | 100 | €1,420,000 | €1,420,000 | = | 0.0% |
| Reserves | 13 | €337,611 | €284,066 | -€53,545 | -15.9% |
| Non-distributable reserves | 130/1 | €37,500 | €37,500 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €60,918 | €7,373 | -€53,545 | -87.9% |
| Distributable reserves | 133 | €239,193 | €239,193 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€903,078 | -€873,811 | +€29,267 | +3.2% |
| Investment grants | 15 | €76,956 | €76,956 | = | 0.0% |
| Amounts payable | 17/49 | €176,475 | €103,153 | -€73,322 | -41.5% |
| Amounts payable after more than one year | 17 | €100,000 | €25,000 | -€75,000 | -75.0% |
| Financial debts | 170/4 | €100,000 | €25,000 | -€75,000 | -75.0% |
| Amounts payable within one year | 42/48 | €76,475 | €78,153 | +€1,678 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €1,223 | €3,034 | +€1,811 | +148.1% |
| Suppliers | 440/4 | €1,223 | €3,034 | +€1,811 | +148.1% |
| Taxes, remuneration and social security | 45 | €252 | €119 | -€133 | -52.7% |
| Taxes | 450/3 | €252 | €119 | -€133 | -52.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,000 | €0 | -€5,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,591 | €13,720 | +€5,129 | +59.7% |
| Other operating charges | 640/8 | €69,994 | €71,809 | +€1,815 | +2.6% |
| Gross operating margin | 9900 | €244,884 | €67,758 | -€177,126 | -72.3% |
| Operating profit (loss) | 9901 | €166,299 | -€17,772 | -€184,071 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,046 | €6,387 | -€4,659 | -42.2% |
| Recurring financial charges | 65 | €11,046 | €6,387 | -€4,659 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €155,253 | -€24,159 | -€179,412 | |
| Income taxes | 67/77 | €252 | €119 | -€133 | -52.7% |
| Profit (loss) for the period | 9904 | €155,001 | -€24,278 | -€179,279 | |
| Transfer from tax-exempt reserves | 789 | - | €53,545 | +€53,545 | |
| Profit (loss) for the period to be appropriated | 9905 | €155,001 | €29,267 | -€125,734 | -81.1% |
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 12 October 2026 via checked.be.