ELTHYCO HOLDING: 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.
ELTHYCO HOLDING
Largest movements
- Cash +€107,730
up €107,730 (+27.7%), from €388,248 to €495,978
mainly Net result for the year (+€395,162) and Receivables within one year (+€12,016)
- Profit (loss) carried forward +€340,163
up €340,163 (+25.0%), from €1.4m to €1.7m
- Debts after one year -€117,048
down €117,048 (-20.3%), from €575,996 to €458,948
of which Financial debts: -€117,048
- Other debts -€115,000
down €115,000 (-57.5%), from €200,000 to €85,000
- Turnover -€278,000
down €278,000 (-20.7%), from €1.3m to €1.1m
- Taxes -€24,783
down €24,783 (-17.1%), from €145,214 to €120,431
- Goods and materials -€15,000
down €15,000 (-2.8%), from €543,000 to €528,000
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 | €2,389,039 | €2,484,753 | +€95,714 | +4.0% |
| Fixed assets | 21/28 | €1,968,000 | €1,968,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,968,000 | €1,968,000 | = | 0.0% |
| Affiliated companies | 280/1 | €1,968,000 | €1,968,000 | = | 0.0% |
| Participating interests | 280 | €1,968,000 | €1,968,000 | = | 0.0% |
| Current assets | 29/58 | €421,039 | €516,753 | +€95,714 | +22.7% |
| Amounts receivable within one year | 40/41 | €32,791 | €20,775 | -€12,016 | -36.6% |
| Other amounts receivable | 41 | €32,791 | €20,775 | -€12,016 | -36.6% |
| Cash at bank and in hand | 54/58 | €388,248 | €495,978 | +€107,730 | +27.7% |
| Total equity and liabilities | 10/49 | €2,389,039 | €2,484,753 | +€95,714 | +4.0% |
| Equity | 10/15 | €1,458,943 | €1,799,106 | +€340,163 | +23.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,358,943 | €1,699,106 | +€340,163 | +25.0% |
| Amounts payable | 17/49 | €930,096 | €685,648 | -€244,448 | -26.3% |
| Amounts payable after more than one year | 17 | €575,996 | €458,948 | -€117,048 | -20.3% |
| Financial debts | 170/4 | €175,996 | €58,948 | -€117,048 | -66.5% |
| Credit institutions | 173 | €175,996 | €58,948 | -€117,048 | -66.5% |
| Other amounts payable | 178/9 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €354,100 | €226,699 | -€127,401 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €115,927 | €117,048 | +€1,121 | +1.0% |
| Trade debts | 44 | €38,173 | €22,338 | -€15,835 | -41.5% |
| Suppliers | 440/4 | €38,173 | €22,338 | -€15,835 | -41.5% |
| Taxes, remuneration and social security | 45 | - | €2,313 | +€2,313 | |
| Taxes | 450/3 | - | €2,313 | +€2,313 | |
| Other amounts payable | 47/48 | €200,000 | €85,000 | -€115,000 | -57.5% |
| Operating income | 70/76A | €1,347,600 | €1,069,650 | -€277,950 | -20.6% |
| Turnover | 70 | €1,346,000 | €1,068,000 | -€278,000 | -20.7% |
| Other operating income | 74 | €1,600 | €1,650 | +€50 | +3.1% |
| Operating charges | 60/66A | €558,268 | €539,555 | -€18,713 | -3.4% |
| Goods for resale, raw materials and consumables | 60 | €543,000 | €528,000 | -€15,000 | -2.8% |
| Purchases | 600/8 | €543,000 | €528,000 | -€15,000 | -2.8% |
| Services and other goods | 61 | €7,581 | €10,437 | +€2,856 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,438 | €0 | -€6,438 | -100.0% |
| Other operating charges | 640/8 | €1,249 | €1,118 | -€131 | -10.5% |
| Operating profit (loss) | 9901 | €789,332 | €530,095 | -€259,237 | -32.8% |
| Financial income | 75/76B | €6,864 | - | -€6,864 | |
| Recurring financial income | 75 | €6,864 | - | -€6,864 | |
| Income from financial fixed assets | 750 | €6,864 | - | -€6,864 | |
| Financial charges | 65/66B | €16,143 | €14,501 | -€1,642 | -10.2% |
| Recurring financial charges | 65 | €16,143 | €14,501 | -€1,642 | -10.2% |
| Debt charges | 650 | €16,143 | €14,331 | -€1,812 | -11.2% |
| Other financial charges | 652/9 | - | €170 | +€170 | |
| Profit (loss) for the period before taxes | 9903 | €780,053 | €515,594 | -€264,459 | -33.9% |
| Income taxes | 67/77 | €145,214 | €120,431 | -€24,783 | -17.1% |
| Taxes | 670/3 | €145,214 | €120,431 | -€24,783 | -17.1% |
| Profit (loss) for the period | 9904 | €634,839 | €395,162 | -€239,677 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €634,839 | €395,162 | -€239,677 | -37.8% |
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 7 October 2026 via checked.be.