CALLING ELVIS: 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.
CALLING ELVIS
Largest movements
- Cash -€81,171
down €81,171 (-60.8%), from €133,561 to €52,391
mainly Net result for the year (-€71,292) and Trade debts (-€12,846)
- Tangible fixed assets +€5,180
up €5,180 (+88.8%), from €5,834 to €11,014
of which Plant, machinery and equipment: +€5,436
- Receivables within one year -€4,544
down €4,544 (-8.3%), from €54,485 to €49,941
of which Other amounts receivable: -€20,827
- Profit (loss) carried forward -€71,292
down €71,292 (-401%), from -€17,774 to -€89,065
- Trade debts -€12,846
down €12,846 (-99.7%), from €12,887 to €41
- Tax, wage and social debts +€10,639
up €10,639 (+532%), from €2,000 to €12,639
of which Remuneration and social security: +€7,665
- Other debts -€7,469
down €7,469 (-56.0%), from €13,335 to €5,866
- Gross operating margin -€53,220
down €53,220 (-355%), from -€14,974 to -€68,194
- Depreciation +€932
up €932 (+81.2%), from €1,148 to €2,080
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 | €400,188 | €319,346 | -€80,843 | -20.2% |
| Fixed assets | 21/28 | €5,834 | €11,014 | +€5,180 | +88.8% |
| Tangible fixed assets | 22/27 | €5,834 | €11,014 | +€5,180 | +88.8% |
| Land and buildings | 22 | €2,191 | €1,505 | -€686 | -31.3% |
| Plant, machinery and equipment | 23 | €2,337 | €7,773 | +€5,436 | +233% |
| Furniture and vehicles | 24 | €1,306 | €1,737 | +€430 | +32.9% |
| Current assets | 29/58 | €394,354 | €308,331 | -€86,023 | -21.8% |
| Amounts receivable after more than one year | 29 | €206,000 | €206,000 | = | 0.0% |
| Other amounts receivable | 291 | €206,000 | €206,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,485 | €49,941 | -€4,544 | -8.3% |
| Trade receivables | 40 | €23,658 | €39,941 | +€16,283 | +68.8% |
| Other amounts receivable | 41 | €30,827 | €10,000 | -€20,827 | -67.6% |
| Cash at bank and in hand | 54/58 | €133,561 | €52,391 | -€81,171 | -60.8% |
| Deferred charges and accrued income | 490/1 | €308 | €0 | -€308 | -100% |
| Total equity and liabilities | 10/49 | €400,188 | €319,346 | -€80,843 | -20.2% |
| Equity | 10/15 | €371,652 | €300,361 | -€71,292 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €370,826 | €370,826 | = | 0.0% |
| Distributable reserves | 133 | €370,826 | €370,826 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,774 | -€89,065 | -€71,292 | -401% |
| Amounts payable | 17/49 | €28,536 | €18,985 | -€9,551 | -33.5% |
| Amounts payable within one year | 42/48 | €28,536 | €18,985 | -€9,551 | -33.5% |
| Financial debts | 43 | €314 | €439 | +€125 | +39.6% |
| Credit institutions | 430/8 | €314 | €439 | +€125 | +39.6% |
| Trade debts | 44 | €12,887 | €41 | -€12,846 | -99.7% |
| Suppliers | 440/4 | €12,887 | €41 | -€12,846 | -99.7% |
| Taxes, remuneration and social security | 45 | €2,000 | €12,639 | +€10,639 | +532% |
| Taxes | 450/3 | €0 | €2,974 | +€2,974 | |
| Remuneration and social security | 454/9 | €2,000 | €9,665 | +€7,665 | +383% |
| Other amounts payable | 47/48 | €13,335 | €5,866 | -€7,469 | -56.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,148 | €2,080 | +€932 | +81.2% |
| Other operating charges | 640/8 | €878 | €584 | -€293 | -33.4% |
| Non-recurring operating charges | 66A | €98 | €0 | -€98 | -100% |
| Gross operating margin | 9900 | -€14,974 | -€68,194 | -€53,220 | -355% |
| Operating profit (loss) | 9901 | -€17,097 | -€70,858 | -€53,761 | -314% |
| Financial income | 75/76B | €88 | €62 | -€26 | -30.1% |
| Recurring financial income | 75 | €88 | €62 | -€26 | -30.1% |
| Financial charges | 65/66B | €623 | €354 | -€268 | -43.1% |
| Recurring financial charges | 65 | €623 | €354 | -€268 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,632 | -€71,151 | -€53,519 | -304% |
| Income taxes | 67/77 | €142 | €141 | -€1 | -0.5% |
| Profit (loss) for the period | 9904 | -€17,774 | -€71,292 | -€53,518 | -301% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,774 | -€71,292 | -€53,518 | -301% |
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 26 October 2026 via checked.be.