E-LITE: 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.
What changed
E-LITE
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€441,024
2024 · -€324,114-€116,910
Equity
€1.5m
2024 · €2.0m-€441,024
Cash
€1.6m
2024 · €1.6m-€99,357
Balance sheet total
€18.0m
2024 · €18.5m-€408,714
Largest movements
Assets
- Deferred charges and accrued income -€225,396
down €225,396 (-42.3%), from €533,140 to €307,745
- Receivables within one year -€189,466
down €189,466 (-36.7%), from €516,069 to €326,603
Equity and liabilities
- Profit (loss) carried forward -€441,024
down €441,024 (-604%), from -€73,006 to -€514,030
Income statement
- Gross operating margin -€185,133
down €185,133 (-13.8%), from €1.3m to €1.2m
- Financial charges -€140,104
down €140,104 (-18.0%), from €776,800 to €636,696
- Other operating charges +€50,686
up €50,686 (+10.4%), from €485,930 to €536,616
- Financial income -€28,619
down €28,619 (-94.2%), from €30,395 to €1,776
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.
Result 2024
-€324,114
Gross operating margin
-€185,133
Depreciation
+€3,187
Other operating charges
-€50,686
Financial income
-€28,619
Financial charges
+€140,104
Taxes
+€4,237
Result 2025
-€441,024
raises the resultlowers the result
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.
From operations
+€434,284
Investment
-€533,641
Financing
€0
Cash 2024
€1.6m
From operations (derived)
+€434,284
Net result for the year
-€441,024
Depreciation
+€428,136
Receivables within one year
+€189,466
Deferred charges and accrued income
+€225,396
Trade debts
-€45,658
Tax, wage and social debts
+€14,959
Accrued charges and deferred income
+€63,010
Investment (derived)
-€533,641
Investment in fixed assets (net)
-€533,641
Cash 2025
€1.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,450,278 | €18,041,564 | -€408,714 | -2.2% |
| Fixed assets | 21/28 | €15,751,110 | €15,856,615 | +€105,505 | +0.7% |
| Tangible fixed assets | 22/27 | €15,751,110 | €15,856,615 | +€105,505 | +0.7% |
| Land and buildings | 22 | €15,539,536 | €15,148,553 | -€390,982 | -2.5% |
| Plant, machinery and equipment | 23 | €211,574 | €708,062 | +€496,487 | +235% |
| Current assets | 29/58 | €2,699,168 | €2,184,949 | -€514,219 | -19.1% |
| Amounts receivable within one year | 40/41 | €516,069 | €326,603 | -€189,466 | -36.7% |
| Trade receivables | 40 | €516,069 | €326,603 | -€189,466 | -36.7% |
| Cash at bank and in hand | 54/58 | €1,649,959 | €1,550,602 | -€99,357 | -6.0% |
| Deferred charges and accrued income | 490/1 | €533,140 | €307,745 | -€225,396 | -42.3% |
| Total equity and liabilities | 10/49 | €18,450,278 | €18,041,564 | -€408,714 | -2.2% |
| Equity | 10/15 | €1,959,058 | €1,518,034 | -€441,024 | -22.5% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €32,064 | €32,064 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,064 | €32,064 | = | 0.0% |
| Legal reserve | 130 | €32,064 | €32,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,006 | -€514,030 | -€441,024 | -604% |
| Amounts payable | 17/49 | €16,491,221 | €16,523,531 | +€32,310 | +0.2% |
| Amounts payable after more than one year | 17 | €12,000,000 | €12,000,000 | = | 0.0% |
| Financial debts | 170/4 | €12,000,000 | €12,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,019,487 | €3,988,787 | -€30,700 | -0.8% |
| Financial debts | 43 | €3,793,017 | €3,793,017 | = | 0.0% |
| Other loans | 439 | €3,793,017 | €3,793,017 | = | 0.0% |
| Trade debts | 44 | €111,155 | €65,497 | -€45,658 | -41.1% |
| Suppliers | 440/4 | €111,155 | €65,497 | -€45,658 | -41.1% |
| Taxes, remuneration and social security | 45 | €9,621 | €24,580 | +€14,959 | +155% |
| Taxes | 450/3 | €9,621 | €24,580 | +€14,959 | +155% |
| Other amounts payable | 47/48 | €105,694 | €105,694 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €471,733 | €534,743 | +€63,010 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431,323 | €428,136 | -€3,187 | -0.7% |
| Other operating charges | 640/8 | €485,930 | €536,616 | +€50,686 | +10.4% |
| Gross operating margin | 9900 | €1,343,781 | €1,158,648 | -€185,133 | -13.8% |
| Operating profit (loss) | 9901 | €426,528 | €193,896 | -€232,631 | -54.5% |
| Financial income | 75/76B | €30,395 | €1,776 | -€28,619 | -94.2% |
| Recurring financial income | 75 | €30,395 | €1,776 | -€28,619 | -94.2% |
| Financial charges | 65/66B | €776,800 | €636,696 | -€140,104 | -18.0% |
| Recurring financial charges | 65 | €776,800 | €636,696 | -€140,104 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€319,877 | -€441,024 | -€121,147 | -37.9% |
| Income taxes | 67/77 | €4,237 | - | -€4,237 | |
| Profit (loss) for the period | 9904 | -€324,114 | -€441,024 | -€116,910 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€324,114 | -€441,024 | -€116,910 | -36.1% |
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 21 October 2026 via checked.be.