Something Elst: 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.
Something Elst
Largest movements
- Cash +€65,889
up €65,889 (+345%), from €19,078 to €84,968
mainly Net result for the year (+€74,628) and Tax, wage and social debts (+€3,901)
- Current investments +€9,850
up €9,850 (+32.9%), from €29,983 to €39,833
- Tangible fixed assets +€2,128
new in 2025: €2,128
- Reserves +€74,628
up €74,628 (+148%), from €50,398 to €125,026
- Tax, wage and social debts +€3,901
up €3,901 (+29.5%), from €13,204 to €17,106
- Gross operating margin +€35,869
up €35,869 (+50.2%), from €71,419 to €107,289
- Taxes +€10,705
up €10,705 (+54.0%), from €19,814 to €30,519
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 | €68,552 | €146,692 | +€78,140 | +114% |
| Fixed assets | 21/28 | - | €2,128 | +€2,128 | |
| Tangible fixed assets | 22/27 | - | €2,128 | +€2,128 | |
| Furniture and vehicles | 24 | - | €2,128 | +€2,128 | |
| Current assets | 29/58 | €68,552 | €144,565 | +€76,013 | +111% |
| Amounts receivable within one year | 40/41 | €18,604 | €18,813 | +€209 | +1.1% |
| Trade receivables | 40 | €18,604 | €18,513 | -€91 | -0.5% |
| Other amounts receivable | 41 | - | €300 | +€300 | |
| Current investments | 50/53 | €29,983 | €39,833 | +€9,850 | +32.9% |
| Cash at bank and in hand | 54/58 | €19,078 | €84,968 | +€65,889 | +345% |
| Deferred charges and accrued income | 490/1 | €887 | €951 | +€64 | +7.2% |
| Total equity and liabilities | 10/49 | €68,552 | €146,692 | +€78,140 | +114% |
| Equity | 10/15 | €53,398 | €128,026 | +€74,628 | +140% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,398 | €125,026 | +€74,628 | +148% |
| Distributable reserves | 133 | €50,398 | €125,026 | +€74,628 | +148% |
| Amounts payable | 17/49 | €15,154 | €18,666 | +€3,512 | +23.2% |
| Amounts payable within one year | 42/48 | €15,154 | €18,666 | +€3,512 | +23.2% |
| Trade debts | 44 | €1,795 | €1,560 | -€235 | -13.1% |
| Suppliers | 440/4 | €1,795 | €1,560 | -€235 | -13.1% |
| Taxes, remuneration and social security | 45 | €13,204 | €17,106 | +€3,901 | +29.5% |
| Taxes | 450/3 | €13,204 | €17,106 | +€3,901 | +29.5% |
| Other amounts payable | 47/48 | €154 | €0 | -€154 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1 | +€1 | |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €71,419 | €107,289 | +€35,869 | +50.2% |
| Operating profit (loss) | 9901 | €71,419 | €107,144 | +€35,725 | +50.0% |
| Financial income | 75/76B | €0 | €109 | +€109 | +1,086,000% |
| Recurring financial income | 75 | €0 | €109 | +€109 | +1,086,000% |
| Financial charges | 65/66B | €1,207 | €2,106 | +€899 | +74.5% |
| Recurring financial charges | 65 | €1,207 | €2,106 | +€899 | +74.5% |
| Profit (loss) for the period before taxes | 9903 | €70,213 | €105,147 | +€34,934 | +49.8% |
| Income taxes | 67/77 | €19,814 | €30,519 | +€10,705 | +54.0% |
| Profit (loss) for the period | 9904 | €50,398 | €74,628 | +€24,230 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,398 | €74,628 | +€24,230 | +48.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.