Eleravi: 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.
Eleravi
Largest movements
- Cash -€74,591
down €74,591 (-91.0%), from €81,944 to €7,353
mainly Other debts (-€73,238) and Net result for the year (-€10,924)
- Tangible fixed assets -€12,406
down €12,406 (-47.0%), from €26,374 to €13,968
- Deferred charges and accrued income -€1,893
no longer reported in 2025 (was €1,893)
- Other debts -€73,238
down €73,238 (-73.5%), from €99,666 to €26,428
- Profit (loss) carried forward -€10,924
new in 2025: -€10,924
- Advances received -€6,050
down €6,050 (-33.3%), from €18,150 to €12,100
- Accrued charges and deferred income +€2,500
new in 2025: €2,500
- Gross operating margin -€43,634
down €43,634 (-90.3%), from €48,325 to €4,691
- Taxes -€9,445
down €9,445 (-99.2%), from €9,525 to €80
- Other operating charges -€1,466
down €1,466 (-45.4%), from €3,232 to €1,766
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.
Cash bridge derived
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 | €133,936 | €46,279 | -€87,657 | -65.4% |
| Fixed assets | 21/28 | €26,374 | €13,968 | -€12,406 | -47.0% |
| Tangible fixed assets | 22/27 | €26,374 | €13,968 | -€12,406 | -47.0% |
| Furniture and vehicles | 24 | €26,374 | €13,968 | -€12,406 | -47.0% |
| Current assets | 29/58 | €107,562 | €32,310 | -€75,251 | -70.0% |
| Amounts receivable within one year | 40/41 | €23,725 | €24,958 | +€1,233 | +5.2% |
| Trade receivables | 40 | €17,883 | €23,028 | +€5,145 | +28.8% |
| Other amounts receivable | 41 | €5,842 | €1,929 | -€3,912 | -67.0% |
| Cash at bank and in hand | 54/58 | €81,944 | €7,353 | -€74,591 | -91.0% |
| Deferred charges and accrued income | 490/1 | €1,893 | - | -€1,893 | |
| Total equity and liabilities | 10/49 | €133,936 | €46,279 | -€87,657 | -65.4% |
| Equity | 10/15 | €3,000 | -€7,924 | -€10,924 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,924 | -€10,924 | |
| Amounts payable | 17/49 | €130,936 | €54,203 | -€76,733 | -58.6% |
| Amounts payable within one year | 42/48 | €130,936 | €51,703 | -€79,233 | -60.5% |
| Trade debts | 44 | €1,950 | €2,920 | +€970 | +49.7% |
| Suppliers | 440/4 | €1,950 | €2,920 | +€970 | +49.7% |
| Advances received on contracts in progress | 46 | €18,150 | €12,100 | -€6,050 | -33.3% |
| Taxes, remuneration and social security | 45 | €11,170 | €10,256 | -€915 | -8.2% |
| Taxes | 450/3 | €11,170 | €10,256 | -€915 | -8.2% |
| Other amounts payable | 47/48 | €99,666 | €26,428 | -€73,238 | -73.5% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,551 | €13,501 | -€50 | -0.4% |
| Other operating charges | 640/8 | €3,232 | €1,766 | -€1,466 | -45.4% |
| Gross operating margin | 9900 | €48,325 | €4,691 | -€43,634 | -90.3% |
| Operating profit (loss) | 9901 | €31,542 | -€10,576 | -€42,118 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €190 | €268 | +€78 | +41.0% |
| Recurring financial charges | 65 | €190 | €268 | +€78 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €31,352 | -€10,844 | -€42,196 | |
| Income taxes | 67/77 | €9,525 | €80 | -€9,445 | -99.2% |
| Profit (loss) for the period | 9904 | €21,827 | -€10,924 | -€32,752 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,827 | -€10,924 | -€32,752 |
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 11 October 2026 via checked.be.