ELVARO CONSULTING: what changed
What changed
ELVARO CONSULTING
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€14,200
2024 · €11,382+€2,819
Equity
€52,933
2024 · €95,086-€42,154
Cash
€90,975
2024 · €75,048+€15,928
Balance sheet total
€122,845
2024 · €118,919+€3,925
Largest movements
Assets
- Cash +€15,928
up €15,928 (+21.2%), from €75,048 to €90,975
mainly Other debts (+€45,977) and Net result for the year (+€14,200)
- Tangible fixed assets -€9,766
down €9,766 (-57.2%), from €17,083 to €7,317
- Receivables within one year -€2,419
down €2,419 (-9.6%), from €25,318 to €22,899
of which Other amounts receivable: -€3,718
Equity and liabilities
- Other debts +€45,977
up €45,977 (+334%), from €13,767 to €59,744
- Reserves -€42,154
down €42,154 (-45.5%), from €92,586 to €50,433
Income statement
- Gross operating margin +€3,520
up €3,520 (+14.2%), from €24,875 to €28,396
- Taxes +€712
up €712 (+23.7%), from €3,005 to €3,718
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€11,382
Gross operating margin
+€3,520
Depreciation
+€0
Other operating charges
-€18
Financial charges
+€29
Taxes
-€712
Result 2025
€14,200
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€72,282
Investment
€0
Financing
-€56,354
Cash 2024
€75,048
From operations (derived)
+€72,282
Net result for the year
+€14,200
Depreciation
+€9,766
Receivables within one year
+€2,419
Deferred charges and accrued income
-€183
Trade debts
+€551
Tax, wage and social debts
-€445
Other debts
+€45,977
Accrued charges and deferred income
-€4
Financing
-€56,354
Contributions, distributions and other
-€56,354
Cash 2025
€90,975
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,919 | €122,845 | +€3,925 | +3.3% |
| Fixed assets | 21/28 | €17,083 | €7,317 | -€9,766 | -57.2% |
| Tangible fixed assets | 22/27 | €17,083 | €7,317 | -€9,766 | -57.2% |
| Furniture and vehicles | 24 | €17,083 | €7,317 | -€9,766 | -57.2% |
| Current assets | 29/58 | €101,836 | €115,528 | +€13,692 | +13.4% |
| Amounts receivable within one year | 40/41 | €25,318 | €22,899 | -€2,419 | -9.6% |
| Trade receivables | 40 | €17,323 | €18,622 | +€1,299 | +7.5% |
| Other amounts receivable | 41 | €7,995 | €4,277 | -€3,718 | -46.5% |
| Cash at bank and in hand | 54/58 | €75,048 | €90,975 | +€15,928 | +21.2% |
| Deferred charges and accrued income | 490/1 | €1,470 | €1,654 | +€183 | +12.5% |
| Total equity and liabilities | 10/49 | €118,919 | €122,845 | +€3,925 | +3.3% |
| Equity | 10/15 | €95,086 | €52,933 | -€42,154 | -44.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €92,586 | €50,433 | -€42,154 | -45.5% |
| Distributable reserves | 133 | €92,586 | €50,433 | -€42,154 | -45.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €23,833 | €69,912 | +€46,079 | +193% |
| Amounts payable within one year | 42/48 | €23,829 | €69,912 | +€46,083 | +193% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,827 | €2,378 | +€551 | +30.2% |
| Suppliers | 440/4 | €1,827 | €2,378 | +€551 | +30.2% |
| Taxes, remuneration and social security | 45 | €8,235 | €7,790 | -€445 | -5.4% |
| Taxes | 450/3 | €6,025 | €5,563 | -€461 | -7.7% |
| Remuneration and social security | 454/9 | €2,210 | €2,227 | +€16 | +0.7% |
| Other amounts payable | 47/48 | €13,767 | €59,744 | +€45,977 | +334% |
| Accrued charges and deferred income | 492/3 | €4 | €0 | -€4 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,766 | €9,766 | -€0 | 0.0% |
| Other operating charges | 640/8 | €647 | €665 | +€18 | +2.8% |
| Gross operating margin | 9900 | €24,875 | €28,396 | +€3,520 | +14.2% |
| Operating profit (loss) | 9901 | €14,462 | €17,964 | +€3,502 | +24.2% |
| Financial charges | 65/66B | €75 | €46 | -€29 | -38.8% |
| Recurring financial charges | 65 | €75 | €46 | -€29 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €14,387 | €17,918 | +€3,531 | +24.5% |
| Income taxes | 67/77 | €3,005 | €3,718 | +€712 | +23.7% |
| Profit (loss) for the period | 9904 | €11,382 | €14,200 | +€2,819 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,382 | €14,200 | +€2,819 | +24.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.