ELEGANCIA: 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.
ELEGANCIA
Largest movements
- Receivables within one year +€16,497
up €16,497 (+10.0%), from €165,519 to €182,016
of which Other amounts receivable: +€13,565
- Reserves +€6,656
up €6,656 (+7.5%), from €88,772 to €95,428
of which Distributable reserves: +€6,656
- Trade debts +€5,218
up €5,218 (+31.0%), from €16,806 to €22,024
- Tax, wage and social debts +€2,536
up €2,536 (+7.7%), from €32,919 to €35,454
- Gross operating margin -€46,224
down €46,224 (-88.5%), from €52,236 to €6,011
- Taxes -€11,676
down €11,676 (-67.6%), from €17,271 to €5,595
- Financial charges -€6,703
down €6,703 (-69.3%), from €9,674 to €2,971
- Financial income +€4,208
up €4,208 (+55.0%), from €7,655 to €11,862
- Other operating charges -€1,145
down €1,145 (-57.2%), from €2,003 to €858
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 | €171,102 | €187,306 | +€16,203 | +9.5% |
| Current assets | 29/58 | €171,102 | €187,306 | +€16,203 | +9.5% |
| Amounts receivable within one year | 40/41 | €165,519 | €182,016 | +€16,497 | +10.0% |
| Trade receivables | 40 | €2,751 | €5,682 | +€2,932 | +107% |
| Other amounts receivable | 41 | €162,769 | €176,334 | +€13,565 | +8.3% |
| Cash at bank and in hand | 54/58 | €5,268 | €5,290 | +€22 | +0.4% |
| Deferred charges and accrued income | 490/1 | €315 | - | -€315 | |
| Total equity and liabilities | 10/49 | €171,102 | €187,306 | +€16,203 | +9.5% |
| Equity | 10/15 | €105,570 | €114,021 | +€8,450 | +8.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €88,772 | €95,428 | +€6,656 | +7.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €86,913 | €93,569 | +€6,656 | +7.7% |
| Profit (loss) carried forward | 14 | -€1,794 | - | +€1,794 | |
| Amounts payable | 17/49 | €65,532 | €73,285 | +€7,753 | +11.8% |
| Amounts payable within one year | 42/48 | €65,532 | €73,285 | +€7,753 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €15,808 | €15,808 | = | 0.0% |
| Trade debts | 44 | €16,806 | €22,024 | +€5,218 | +31.0% |
| Suppliers | 440/4 | €16,806 | €22,024 | +€5,218 | +31.0% |
| Taxes, remuneration and social security | 45 | €32,919 | €35,454 | +€2,536 | +7.7% |
| Taxes | 450/3 | €32,919 | €35,454 | +€2,536 | +7.7% |
| Non-recurring operating income | 76A | €16,380 | - | -€16,380 | |
| Other operating charges | 640/8 | €2,003 | €858 | -€1,145 | -57.2% |
| Gross operating margin | 9900 | €52,236 | €6,011 | -€46,224 | -88.5% |
| Operating profit (loss) | 9901 | €50,232 | €5,153 | -€45,079 | -89.7% |
| Financial income | 75/76B | €7,655 | €11,862 | +€4,208 | +55.0% |
| Recurring financial income | 75 | €7,655 | €11,862 | +€4,208 | +55.0% |
| Financial charges | 65/66B | €9,674 | €2,971 | -€6,703 | -69.3% |
| Recurring financial charges | 65 | €9,674 | €2,971 | -€6,703 | -69.3% |
| Profit (loss) for the period before taxes | 9903 | €48,213 | €14,045 | -€34,168 | -70.9% |
| Income taxes | 67/77 | €17,271 | €5,595 | -€11,676 | -67.6% |
| Profit (loss) for the period | 9904 | €30,943 | €8,450 | -€22,492 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,943 | €8,450 | -€22,492 | -72.7% |
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 30 October 2026 via checked.be.