ELAIT II: 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.
ELAIT II
Largest movements
- Cash -€3,093
down €3,093 (-90.2%), from €3,428 to €335
mainly Other debts (-€1,716) and Net result for the year (-€1,355)
- Other debts -€1,716
down €1,716 (-8.1%), from €21,216 to €19,500
- Profit (loss) carried forward -€1,355
down €1,355 (-4.6%), from -€29,597 to -€30,951
- Trade debts -€139
down €139 (-52.4%), from €265 to €126
- Gross operating margin -€8,001
down €8,001, from €7,415 to -€586
- Other operating charges +€355
up €355 (+326%), from €109 to €464
- Financial charges -€298
down €298 (-49.5%), from €602 to €304
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.
Derived cash bridge
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 | €13,360 | €10,171 | -€3,189 | -23.9% |
| Fixed assets | 21/28 | €3,447 | €3,447 | = | 0.0% |
| Financial fixed assets | 28 | €3,447 | €3,447 | = | 0.0% |
| Current assets | 29/58 | €9,913 | €6,724 | -€3,189 | -32.2% |
| Stocks and contracts in progress | 3 | €6,485 | €6,389 | -€96 | -1.5% |
| Stocks | 30/36 | €6,485 | €6,389 | -€96 | -1.5% |
| Cash at bank and in hand | 54/58 | €3,428 | €335 | -€3,093 | -90.2% |
| Total equity and liabilities | 10/49 | €13,360 | €10,171 | -€3,189 | -23.9% |
| Equity | 10/15 | -€8,426 | -€9,780 | -€1,355 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,571 | €2,571 | = | 0.0% |
| Non-distributable reserves | 130/1 | €129 | €129 | = | 0.0% |
| Reserves not available under the articles | 1311 | €129 | €129 | = | 0.0% |
| Distributable reserves | 133 | €2,443 | €2,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,597 | -€30,951 | -€1,355 | -4.6% |
| Amounts payable | 17/49 | €21,785 | €19,951 | -€1,834 | -8.4% |
| Amounts payable within one year | 42/48 | €21,785 | €19,951 | -€1,834 | -8.4% |
| Trade debts | 44 | €265 | €126 | -€139 | -52.4% |
| Suppliers | 440/4 | €265 | €126 | -€139 | -52.4% |
| Taxes, remuneration and social security | 45 | €304 | €325 | +€21 | +6.8% |
| Taxes | 450/3 | €304 | €325 | +€21 | +6.8% |
| Other amounts payable | 47/48 | €21,216 | €19,500 | -€1,716 | -8.1% |
| Other operating charges | 640/8 | €109 | €464 | +€355 | +326% |
| Gross operating margin | 9900 | €7,415 | -€586 | -€8,001 | |
| Operating profit (loss) | 9901 | €7,306 | -€1,051 | -€8,357 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €602 | €304 | -€298 | -49.5% |
| Recurring financial charges | 65 | €602 | €304 | -€298 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €6,704 | -€1,355 | -€8,058 | |
| Profit (loss) for the period | 9904 | €6,704 | -€1,355 | -€8,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,704 | -€1,355 | -€8,058 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.