Elsalige: 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.
Elsalige
Largest movements
- Cash +€7,304
up €7,304 (+62.9%), from €11,616 to €18,920
mainly Net result for the year (+€10,534) and Other debts (+€2,935)
- Tangible fixed assets +€1,083
up €1,083 (+48.9%), from €2,213 to €3,297
- Reserves +€9,675
up €9,675 (+190.6%), from €5,076 to €14,750
- Other debts +€2,935
new in 2025: €2,935
- Tax, wage and social debts -€2,095
down €2,095 (-43.3%), from €4,844 to €2,749
of which Taxes: -€1,646
- Trade debts -€2,082
down €2,082 (-59.1%), from €3,522 to €1,440
of which Bills of exchange payable: -€2,413
- Gross operating margin +€9,080
up €9,080 (+139.3%), from €6,519 to €15,598
- Taxes +€1,929
up €1,929 (+150.2%), from €1,285 to €3,214
- Other operating charges +€840
up €840 (+1584.7%), from €53 to €893
- Depreciation +€718
up €718 (+725.7%), from €99 to €817
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 | €18,442 | €26,874 | +€8,432 | +45.7% |
| Fixed assets | 21/28 | €2,213 | €3,297 | +€1,083 | +48.9% |
| Tangible fixed assets | 22/27 | €2,213 | €3,297 | +€1,083 | +48.9% |
| Plant, machinery and equipment | 23 | €2,213 | €3,297 | +€1,083 | +48.9% |
| Current assets | 29/58 | €16,228 | €23,577 | +€7,349 | +45.3% |
| Amounts receivable within one year | 40/41 | €4,612 | €4,658 | +€45 | +1.0% |
| Trade receivables | 40 | €4,612 | €4,658 | +€45 | +1.0% |
| Cash at bank and in hand | 54/58 | €11,616 | €18,920 | +€7,304 | +62.9% |
| Total equity and liabilities | 10/49 | €18,442 | €26,874 | +€8,432 | +45.7% |
| Equity | 10/15 | €10,076 | €19,750 | +€9,675 | +96.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,076 | €14,750 | +€9,675 | +190.6% |
| Distributable reserves | 133 | €5,076 | €14,750 | +€9,675 | +190.6% |
| Amounts payable | 17/49 | €8,366 | €7,124 | -€1,242 | -14.8% |
| Amounts payable within one year | 42/48 | €8,366 | €7,124 | -€1,242 | -14.8% |
| Trade debts | 44 | €3,522 | €1,440 | -€2,082 | -59.1% |
| Suppliers | 440/4 | €1,108 | €1,440 | +€332 | +29.9% |
| Bills of exchange payable | 441 | €2,413 | - | -€2,413 | |
| Taxes, remuneration and social security | 45 | €4,844 | €2,749 | -€2,095 | -43.3% |
| Taxes | 450/3 | €4,395 | €2,749 | -€1,646 | -37.5% |
| Remuneration and social security | 454/9 | €449 | - | -€449 | |
| Other amounts payable | 47/48 | - | €2,935 | +€2,935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99 | €817 | +€718 | +725.7% |
| Other operating charges | 640/8 | €53 | €893 | +€840 | +1584.7% |
| Gross operating margin | 9900 | €6,519 | €15,598 | +€9,080 | +139.3% |
| Operating profit (loss) | 9901 | €6,367 | €13,889 | +€7,522 | +118.1% |
| Financial charges | 65/66B | €6 | €140 | +€134 | +2164.5% |
| Recurring financial charges | 65 | €6 | €140 | +€134 | +2164.5% |
| Profit (loss) for the period before taxes | 9903 | €6,361 | €13,748 | +€7,388 | +116.1% |
| Income taxes | 67/77 | €1,285 | €3,214 | +€1,929 | +150.2% |
| Profit (loss) for the period | 9904 | €5,076 | €10,534 | +€5,458 | +107.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,076 | €10,534 | +€5,458 | +107.5% |
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 5 October 2026 via checked.be.