Dr. D. Elviha: what changed
Two fiscal 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.
Dr. D. Elviha
Largest movements
- Deferred charges and accrued income +€8,926
up €8,926 (+315.8%), from €2,826 to €11,752
- Cash +€5,861
up €5,861 (+261.6%), from €2,240 to €8,101
mainly Net result for the year (+€40,124) and Depreciation (+€19,161)
- Receivables within one year -€3,727
no longer reported in 2024 (was €3,727)
- Tangible fixed assets -€2,272
down €2,272 (-2.6%), from €86,362 to €84,090
of which Land and buildings: -€6,200
- Profit (loss) carried forward +€31,283
no longer reported in 2024 (was -€31,283)
- Current portion of long-term debt -€12,605
down €12,605 (-61.9%), from €20,375 to €7,770
- Reserves -€8,020
down €8,020 (-13.6%), from €59,043 to €51,023
of which Distributable reserves: -€6,160
- Debts after one year -€7,770
down €7,770 (-57.7%), from €13,469 to €5,699
- Other debts +€3,923
new in 2024: €3,923
- Turnover -€142,530
no longer reported in 2024 (was €142,530)
- Purchases and services -€91,948
no longer reported in 2024 (was €91,948)
- Gross operating margin +€30,225
up €30,225 (+43.9%), from €68,862 to €99,087
- Staff costs -€20,856
down €20,856 (-63.9%), from €32,649 to €11,793
- Other operating charges +€5,858
up €5,858 (+277.0%), from €2,115 to €7,973
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,341 | €105,187 | +€8,846 | +9.2% |
| Fixed assets | 21/28 | €87,548 | €85,061 | -€2,487 | -2.8% |
| Intangible fixed assets | 21 | €911 | €696 | -€215 | -23.6% |
| Tangible fixed assets | 22/27 | €86,362 | €84,090 | -€2,272 | -2.6% |
| Land and buildings | 22 | €31,000 | €24,800 | -€6,200 | -20.0% |
| Plant, machinery and equipment | 23 | €29,008 | €27,007 | -€2,001 | -6.9% |
| Furniture and vehicles | 24 | €13,789 | €20,946 | +€7,158 | +51.9% |
| Other tangible fixed assets | 26 | €12,565 | €11,336 | -€1,229 | -9.8% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €8,793 | €20,126 | +€11,333 | +128.9% |
| Amounts receivable within one year | 40/41 | €3,727 | - | -€3,727 | |
| Other amounts receivable | 41 | €3,727 | - | -€3,727 | |
| Current investments | 50/53 | - | €273 | +€273 | |
| Cash at bank and in hand | 54/58 | €2,240 | €8,101 | +€5,861 | +261.6% |
| Deferred charges and accrued income | 490/1 | €2,826 | €11,752 | +€8,926 | +315.8% |
| Total equity and liabilities | 10/49 | €96,341 | €105,187 | +€8,846 | +9.2% |
| Equity | 10/15 | €40,259 | €65,383 | +€25,124 | +62.4% |
| Contributions | 10/11 | €12,500 | €14,360 | +€1,860 | +14.9% |
| Reserves | 13 | €59,043 | €51,023 | -€8,020 | -13.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €57,183 | €51,023 | -€6,160 | -10.8% |
| Profit (loss) carried forward | 14 | -€31,283 | - | +€31,283 | |
| Amounts payable | 17/49 | €56,082 | €39,804 | -€16,278 | -29.0% |
| Amounts payable after more than one year | 17 | €13,469 | €5,699 | -€7,770 | -57.7% |
| Financial debts | 170/4 | €13,469 | €5,699 | -€7,770 | -57.7% |
| Amounts payable within one year | 42/48 | €42,313 | €34,016 | -€8,297 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €20,375 | €7,770 | -€12,605 | -61.9% |
| Trade debts | 44 | €10,347 | €10,296 | -€51 | -0.5% |
| Suppliers | 440/4 | €10,347 | €10,296 | -€51 | -0.5% |
| Taxes, remuneration and social security | 45 | €11,591 | €12,028 | +€436 | +3.8% |
| Taxes | 450/3 | €6,968 | €11,298 | +€4,330 | +62.1% |
| Remuneration and social security | 454/9 | €4,623 | €729 | -€3,894 | -84.2% |
| Other amounts payable | 47/48 | - | €3,923 | +€3,923 | |
| Accrued charges and deferred income | 492/3 | €300 | €89 | -€211 | -70.5% |
| Turnover | 70 | €142,530 | - | -€142,530 | |
| Non-recurring operating income | 76A | €13,500 | - | -€13,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,948 | - | -€91,948 | |
| Remuneration, social security and pensions | 62 | €32,649 | €11,793 | -€20,856 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,175 | €19,161 | -€4,014 | -17.3% |
| Other operating charges | 640/8 | €2,115 | €7,973 | +€5,858 | +277.0% |
| Non-recurring operating charges | 66A | €2,462 | €9,400 | +€6,938 | +281.8% |
| Gross operating margin | 9900 | €68,862 | €99,087 | +€30,225 | +43.9% |
| Operating profit (loss) | 9901 | €8,461 | €50,761 | +€42,300 | +499.9% |
| Financial income | 75/76B | - | €405 | +€405 | |
| Recurring financial income | 75 | - | €405 | +€405 | |
| Financial charges | 65/66B | €5,488 | €4,979 | -€509 | -9.3% |
| Recurring financial charges | 65 | €5,488 | €4,979 | -€509 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €2,973 | €46,186 | +€43,213 | +1453.5% |
| Income taxes | 67/77 | €253 | €6,062 | +€5,810 | +2300.5% |
| Profit (loss) for the period | 9904 | €2,721 | €40,124 | +€37,403 | +1374.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,721 | €40,124 | +€37,403 | +1374.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.