ELEXA: what changed
ELEXA
Largest movements
- Tangible fixed assets -€16,310
down €16,310 (-100%), from €16,310 to €0
of which Furniture and vehicles: -€16,101
- Cash -€8,803
down €8,803 (-54.1%), from €16,273 to €7,470
mainly Other debts (-€24,882) and Tax, wage and social debts (-€4,290)
- Stocks and contracts -€5,132
down €5,132 (-100%), from €5,132 to €0
- Receivables within one year -€2,035
down €2,035 (-78.9%), from €2,581 to €545
- Other debts -€24,882
down €24,882 (-45.6%), from €54,564 to €29,682
- Tax, wage and social debts -€4,290
down €4,290 (-61.4%), from €6,983 to €2,693
of which Remuneration and social security: -€4,050
- Profit (loss) carried forward -€3,053
down €3,053 (-6.4%), from -€47,518 to -€50,571
- Staff costs -€5,734
down €5,734 (-46.3%), from €12,378 to €6,644
- Other operating charges -€4,094
down €4,094 (-71.2%), from €5,752 to €1,658
- Depreciation -€3,897
down €3,897 (-94.9%), from €4,105 to €209
- Gross operating margin -€3,428
down €3,428 (-35.0%), from €9,791 to €6,362
- Financial charges +€291
up €291 (+90.0%), from €323 to €614
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,183 | €8,549 | -€32,634 | -79.2% |
| Fixed assets | 21/28 | €16,310 | €0 | -€16,310 | -100% |
| Tangible fixed assets | 22/27 | €16,310 | €0 | -€16,310 | -100% |
| Furniture and vehicles | 24 | €16,101 | €0 | -€16,101 | -100% |
| Other tangible fixed assets | 26 | €209 | €0 | -€209 | -100% |
| Current assets | 29/58 | €24,873 | €8,549 | -€16,324 | -65.6% |
| Stocks and contracts in progress | 3 | €5,132 | €0 | -€5,132 | -100% |
| Stocks | 30/36 | €5,132 | €0 | -€5,132 | -100% |
| Amounts receivable within one year | 40/41 | €2,581 | €545 | -€2,035 | -78.9% |
| Trade receivables | 40 | €2,581 | €545 | -€2,035 | -78.9% |
| Cash at bank and in hand | 54/58 | €16,273 | €7,470 | -€8,803 | -54.1% |
| Deferred charges and accrued income | 490/1 | €887 | €533 | -€354 | -39.9% |
| Total equity and liabilities | 10/49 | €41,183 | €8,549 | -€32,634 | -79.2% |
| Equity | 10/15 | -€20,773 | -€23,826 | -€3,053 | -14.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,153 | €8,153 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €6,294 | €6,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,518 | -€50,571 | -€3,053 | -6.4% |
| Amounts payable | 17/49 | €61,955 | €32,375 | -€29,581 | -47.7% |
| Amounts payable within one year | 42/48 | €61,955 | €32,375 | -€29,581 | -47.7% |
| Trade debts | 44 | €409 | €0 | -€409 | -100% |
| Suppliers | 440/4 | €409 | €0 | -€409 | -100% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,983 | €2,693 | -€4,290 | -61.4% |
| Taxes | 450/3 | €2,932 | €2,693 | -€240 | -8.2% |
| Remuneration and social security | 454/9 | €4,050 | €0 | -€4,050 | -100% |
| Other amounts payable | 47/48 | €54,564 | €29,682 | -€24,882 | -45.6% |
| Remuneration, social security and pensions | 62 | €12,378 | €6,644 | -€5,734 | -46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,105 | €209 | -€3,897 | -94.9% |
| Other operating charges | 640/8 | €5,752 | €1,658 | -€4,094 | -71.2% |
| Gross operating margin | 9900 | €9,791 | €6,362 | -€3,428 | -35.0% |
| Operating profit (loss) | 9901 | -€12,445 | -€2,149 | +€10,296 | +82.7% |
| Financial income | 75/76B | €37 | €10 | -€27 | -73.1% |
| Recurring financial income | 75 | €37 | €10 | -€27 | -73.1% |
| Financial charges | 65/66B | €323 | €614 | +€291 | +90.0% |
| Recurring financial charges | 65 | €323 | €614 | +€291 | +90.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,731 | -€2,753 | +€9,978 | +78.4% |
| Income taxes | 67/77 | €388 | €300 | -€88 | -22.7% |
| Profit (loss) for the period | 9904 | -€13,119 | -€3,053 | +€10,066 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,119 | -€3,053 | +€10,066 | +76.7% |
Next steps
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 1 November 2026 via checked.be.