ELTI MANAGEMENT: 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.
ELTI MANAGEMENT
Largest movements
- Cash -€1,474
down €1,474 (-4.9%), from €30,129 to €28,656
mainly Net result for the year (-€1,803) and Trade debts (-€345)
- Receivables within one year -€674
down €674 (-73.5%), from €918 to €244
- Profit (loss) carried forward -€1,803
down €1,803 (-0.4%), from -€432,178 to -€433,981
- Trade debts -€345
no longer reported in 2025 (was €345)
- Gross operating margin -€18,986
down €18,986, from €17,738 to -€1,248
- Taxes -€2,376
down €2,376 (-98.7%), from €2,409 to €32
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 | €31,047 | €28,899 | -€2,148 | -6.9% |
| Current assets | 29/58 | €31,047 | €28,899 | -€2,148 | -6.9% |
| Amounts receivable within one year | 40/41 | €918 | €244 | -€674 | -73.5% |
| Other amounts receivable | 41 | €918 | €244 | -€674 | -73.5% |
| Cash at bank and in hand | 54/58 | €30,129 | €28,656 | -€1,474 | -4.9% |
| Total equity and liabilities | 10/49 | €31,047 | €28,899 | -€2,148 | -6.9% |
| Equity | 10/15 | €30,702 | €28,899 | -€1,803 | -5.9% |
| Contributions | 10/11 | €420,800 | €420,800 | = | 0.0% |
| Reserves | 13 | €42,080 | €42,080 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,080 | €42,080 | = | 0.0% |
| Other | 1319 | €42,080 | €42,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€432,178 | -€433,981 | -€1,803 | -0.4% |
| Amounts payable | 17/49 | €345 | - | -€345 | |
| Amounts payable within one year | 42/48 | €345 | - | -€345 | |
| Trade debts | 44 | €345 | - | -€345 | |
| Suppliers | 440/4 | €345 | - | -€345 | |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.6% |
| Gross operating margin | 9900 | €17,738 | -€1,248 | -€18,986 | |
| Operating profit (loss) | 9901 | €17,292 | -€1,697 | -€18,989 | |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €17,223 | -€1,771 | -€18,993 | |
| Income taxes | 67/77 | €2,409 | €32 | -€2,376 | -98.7% |
| Profit (loss) for the period | 9904 | €14,814 | -€1,803 | -€16,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,814 | -€1,803 | -€16,617 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.