ELBA TRANS: 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.
ELBA TRANS
Largest movements
- Receivables within one year +€143,411
up €143,411 (+1,338%), from €10,717 to €154,129
of which Trade receivables: +€92,019
- Deferred charges and accrued income -€78,237
down €78,237 (-51.7%), from €151,387 to €73,150
- Cash +€20,142
up €20,142 (+253%), from €7,976 to €28,119
mainly Other debts (+€208,400) and Deferred charges and accrued income (+€78,237)
- Other debts +€208,400
new in 2024: €208,400
- Trade debts -€133,250
no longer reported in 2024 (was €133,250)
- Profit (loss) carried forward +€10,976
up €10,976 (+25.8%), from €42,543 to €53,519
- Staff costs +€89,815
up €89,815 (+756%), from €11,886 to €101,700
- Gross operating margin +€59,224
up €59,224 (+78.2%), from €75,701 to €134,925
- Financial income -€7,797
down €7,797 (-100.0%), from €7,797 to €0
- Other operating charges +€3,980
up €3,980 (+93.0%), from €4,282 to €8,262
- Depreciation +€3,357
up €3,357 (+83.2%), from €4,034 to €7,391
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 | €201,689 | €285,469 | +€83,779 | +41.5% |
| Fixed assets | 21/28 | €31,608 | €30,071 | -€1,537 | -4.9% |
| Tangible fixed assets | 22/27 | €31,608 | €30,071 | -€1,537 | -4.9% |
| Furniture and vehicles | 24 | €31,608 | €30,071 | -€1,537 | -4.9% |
| Current assets | 29/58 | €170,081 | €255,398 | +€85,316 | +50.2% |
| Amounts receivable within one year | 40/41 | €10,717 | €154,129 | +€143,411 | +1,338% |
| Trade receivables | 40 | €10,314 | €102,334 | +€92,019 | +892% |
| Other amounts receivable | 41 | €403 | €51,795 | +€51,392 | +12,748% |
| Cash at bank and in hand | 54/58 | €7,976 | €28,119 | +€20,142 | +253% |
| Deferred charges and accrued income | 490/1 | €151,387 | €73,150 | -€78,237 | -51.7% |
| Total equity and liabilities | 10/49 | €201,689 | €285,469 | +€83,779 | +41.5% |
| Equity | 10/15 | €42,543 | €53,519 | +€10,976 | +25.8% |
| Profit (loss) carried forward | 14 | €42,543 | €53,519 | +€10,976 | +25.8% |
| Amounts payable | 17/49 | €159,146 | €231,950 | +€72,804 | +45.7% |
| Amounts payable within one year | 42/48 | €159,146 | €231,950 | +€72,804 | +45.7% |
| Financial debts | 43 | €1,927 | €1,227 | -€700 | -36.3% |
| Other loans | 439 | €1,927 | €1,227 | -€700 | -36.3% |
| Trade debts | 44 | €133,250 | - | -€133,250 | |
| Suppliers | 440/4 | €133,250 | - | -€133,250 | |
| Taxes, remuneration and social security | 45 | €23,969 | €22,323 | -€1,646 | -6.9% |
| Taxes | 450/3 | €13,292 | €9,540 | -€3,752 | -28.2% |
| Remuneration and social security | 454/9 | €10,677 | €12,783 | +€2,106 | +19.7% |
| Other amounts payable | 47/48 | - | €208,400 | +€208,400 | |
| Remuneration, social security and pensions | 62 | €11,886 | €101,700 | +€89,815 | +756% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,034 | €7,391 | +€3,357 | +83.2% |
| Other operating charges | 640/8 | €4,282 | €8,262 | +€3,980 | +93.0% |
| Gross operating margin | 9900 | €75,701 | €134,925 | +€59,224 | +78.2% |
| Operating profit (loss) | 9901 | €55,500 | €17,573 | -€37,927 | -68.3% |
| Financial income | 75/76B | €7,797 | €0 | -€7,797 | -100.0% |
| Recurring financial income | 75 | €7,797 | €0 | -€7,797 | -100.0% |
| Financial charges | 65/66B | €864 | €1,233 | +€369 | +42.8% |
| Recurring financial charges | 65 | €864 | €1,233 | +€369 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €62,433 | €16,340 | -€46,093 | -73.8% |
| Income taxes | 67/77 | €3,179 | €5,364 | +€2,186 | +68.7% |
| Profit (loss) for the period | 9904 | €59,254 | €10,976 | -€48,279 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,254 | €10,976 | -€48,279 | -81.5% |
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 24 October 2026 via checked.be.