ELVIN CONSULTING: 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.
ELVIN CONSULTING
Largest movements
- Receivables within one year +€137,972
up €137,972 (+59.7%), from €231,291 to €369,263
of which Other amounts receivable: +€90,703
- Tangible fixed assets -€14,479
down €14,479 (-21.1%), from €68,752 to €54,272
- Cash +€4,869
up €4,869 (+23.6%), from €20,593 to €25,463
mainly Other debts (+€85,000) and Net result for the year (+€69,345)
- Other debts +€85,000
up €85,000 (+12,755%), from €666 to €85,666
- Trade debts +€50,709
new in 2025: €50,709
- Profit (loss) carried forward -€30,655
down €30,655 (-11.2%), from €272,843 to €242,188
- Tax, wage and social debts +€23,456
up €23,456 (+39.8%), from €58,942 to €82,398
- Gross operating margin -€38,314
down €38,314 (-25.7%), from €149,079 to €110,765
- Depreciation +€10,834
up €10,834 (+297%), from €3,645 to €14,479
- Taxes -€4,687
down €4,687 (-15.1%), from €31,010 to €26,323
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 | €335,451 | €463,962 | +€128,511 | +38.3% |
| Fixed assets | 21/28 | €80,752 | €66,272 | -€14,479 | -17.9% |
| Tangible fixed assets | 22/27 | €68,752 | €54,272 | -€14,479 | -21.1% |
| Furniture and vehicles | 24 | €68,752 | €54,272 | -€14,479 | -21.1% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €254,699 | €397,689 | +€142,990 | +56.1% |
| Amounts receivable within one year | 40/41 | €231,291 | €369,263 | +€137,972 | +59.7% |
| Trade receivables | 40 | €1,131 | €48,400 | +€47,269 | +4,179% |
| Other amounts receivable | 41 | €230,160 | €320,863 | +€90,703 | +39.4% |
| Cash at bank and in hand | 54/58 | €20,593 | €25,463 | +€4,869 | +23.6% |
| Deferred charges and accrued income | 490/1 | €2,814 | €2,964 | +€149 | +5.3% |
| Total equity and liabilities | 10/49 | €335,451 | €463,962 | +€128,511 | +38.3% |
| Equity | 10/15 | €275,843 | €245,188 | -€30,655 | -11.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €272,843 | €242,188 | -€30,655 | -11.2% |
| Amounts payable | 17/49 | €59,608 | €218,774 | +€159,165 | +267% |
| Amounts payable within one year | 42/48 | €59,608 | €218,774 | +€159,165 | +267% |
| Trade debts | 44 | - | €50,709 | +€50,709 | |
| Suppliers | 440/4 | - | €50,709 | +€50,709 | |
| Taxes, remuneration and social security | 45 | €58,942 | €82,398 | +€23,456 | +39.8% |
| Taxes | 450/3 | €58,942 | €82,398 | +€23,456 | +39.8% |
| Other amounts payable | 47/48 | €666 | €85,666 | +€85,000 | +12,755% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,645 | €14,479 | +€10,834 | +297% |
| Other operating charges | 640/8 | €711 | €486 | -€224 | -31.6% |
| Non-recurring operating charges | 66A | €1,749 | - | -€1,749 | |
| Gross operating margin | 9900 | €149,079 | €110,765 | -€38,314 | -25.7% |
| Operating profit (loss) | 9901 | €142,974 | €95,799 | -€47,174 | -33.0% |
| Financial charges | 65/66B | €136 | €131 | -€5 | -3.6% |
| Recurring financial charges | 65 | €136 | €131 | -€5 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €142,838 | €95,668 | -€47,170 | -33.0% |
| Income taxes | 67/77 | €31,010 | €26,323 | -€4,687 | -15.1% |
| Profit (loss) for the period | 9904 | €111,828 | €69,345 | -€42,482 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,828 | €69,345 | -€42,482 | -38.0% |
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 22 October 2026 via checked.be.