E.L.I.T.: 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.
E.L.I.T.
Largest movements
- Receivables within one year -€105
down €105 (-1.0%), from €10,170 to €10,065
- Other debts +€1,372
up €1,372 (+9.3%), from €14,731 to €16,103
- Profit (loss) carried forward -€1,212
down €1,212 (-4.6%), from -€26,197 to -€27,409
- Reserves -€215
no longer reported in 2025 (was €215)
- Trade debts -€157
down €157 (-5.5%), from €2,823 to €2,666
- Short-term financial debts +€104
new in 2025: €104
- Gross operating margin +€505
up €505 (+53.6%), from -€943 to -€438
- Other operating charges -€40
no longer reported in 2025 (was €40)
- Financial charges -€33
down €33 (-3.2%), from €1,022 to €990
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 | €10,172 | €10,065 | -€107 | -1.1% |
| Current assets | 29/58 | €10,172 | €10,065 | -€107 | -1.1% |
| Amounts receivable within one year | 40/41 | €10,170 | €10,065 | -€105 | -1.0% |
| Other amounts receivable | 41 | €10,170 | €10,065 | -€105 | -1.0% |
| Cash at bank and in hand | 54/58 | €2 | - | -€2 | |
| Total equity and liabilities | 10/49 | €10,172 | €10,065 | -€107 | -1.1% |
| Equity | 10/15 | -€7,381 | -€8,809 | -€1,427 | -19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215 | - | -€215 | |
| Distributable reserves | 133 | €215 | - | -€215 | |
| Profit (loss) carried forward | 14 | -€26,197 | -€27,409 | -€1,212 | -4.6% |
| Amounts payable | 17/49 | €17,554 | €18,874 | +€1,320 | +7.5% |
| Amounts payable within one year | 42/48 | €17,554 | €18,874 | +€1,320 | +7.5% |
| Financial debts | 43 | - | €104 | +€104 | |
| Credit institutions | 430/8 | - | €104 | +€104 | |
| Trade debts | 44 | €2,823 | €2,666 | -€157 | -5.5% |
| Suppliers | 440/4 | €2,823 | €2,666 | -€157 | -5.5% |
| Other amounts payable | 47/48 | €14,731 | €16,103 | +€1,372 | +9.3% |
| Other operating charges | 640/8 | €40 | - | -€40 | |
| Gross operating margin | 9900 | -€943 | -€438 | +€505 | +53.6% |
| Operating profit (loss) | 9901 | -€983 | -€438 | +€545 | +55.4% |
| Financial charges | 65/66B | €1,022 | €990 | -€33 | -3.2% |
| Recurring financial charges | 65 | €1,022 | €990 | -€33 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,005 | -€1,427 | +€578 | +28.8% |
| Profit (loss) for the period | 9904 | -€2,005 | -€1,427 | +€578 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,005 | -€1,427 | +€578 | +28.8% |
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 15 October 2026 via checked.be.