ELEV8: what changed
Two fiscal 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.
ELEV8
Largest movements
- Receivables within one year -€72,201
down €72,201 (-63.4%), from €113,811 to €41,610
of which Other amounts receivable: -€77,387
- Receivables after one year -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Cash +€22,001
up €22,001 (+14.2%), from €155,125 to €177,126
mainly Receivables within one year (+€72,201) and Net result for the year (+€35,878)
- Tangible fixed assets +€19,826
up €19,826 (+53.1%), from €37,319 to €57,145
of which Furniture and vehicles: +€23,251
- Reserves -€54,374
down €54,374 (-17.0%), from €320,004 to €265,630
of which Distributable reserves: -€54,374
- Gross operating margin -€9,372
down €9,372 (-14.4%), from €65,097 to €55,726
- Taxes -€3,653
down €3,653 (-20.0%), from €18,300 to €14,647
- Depreciation +€2,341
up €2,341 (+43.9%), from €5,328 to €7,669
- Financial income -€2,078
down €2,078 (-33.8%), from €6,141 to €4,064
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 | €341,294 | €283,983 | -€57,311 | -16.8% |
| Fixed assets | 21/28 | €37,319 | €57,145 | +€19,826 | +53.1% |
| Tangible fixed assets | 22/27 | €37,319 | €57,145 | +€19,826 | +53.1% |
| Plant, machinery and equipment | 23 | €4,102 | €3,446 | -€657 | -16.0% |
| Furniture and vehicles | 24 | €10,121 | €33,372 | +€23,251 | +229.7% |
| Other tangible fixed assets | 26 | €23,095 | €20,327 | -€2,768 | -12.0% |
| Current assets | 29/58 | €303,976 | €226,838 | -€77,138 | -25.4% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100.0% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €113,811 | €41,610 | -€72,201 | -63.4% |
| Trade receivables | 40 | €16,594 | €21,780 | +€5,186 | +31.3% |
| Other amounts receivable | 41 | €97,217 | €19,830 | -€77,387 | -79.6% |
| Cash at bank and in hand | 54/58 | €155,125 | €177,126 | +€22,001 | +14.2% |
| Deferred charges and accrued income | 490/1 | €10,039 | €8,102 | -€1,937 | -19.3% |
| Total equity and liabilities | 10/49 | €341,294 | €283,983 | -€57,311 | -16.8% |
| Equity | 10/15 | €326,204 | €271,830 | -€54,374 | -16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €320,004 | €265,630 | -€54,374 | -17.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €320,004 | €265,630 | -€54,374 | -17.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,090 | €12,153 | -€2,937 | -19.5% |
| Amounts payable within one year | 42/48 | €15,064 | €12,126 | -€2,938 | -19.5% |
| Trade debts | 44 | €4,098 | €2,510 | -€1,588 | -38.7% |
| Suppliers | 440/4 | €4,098 | €2,510 | -€1,588 | -38.7% |
| Taxes, remuneration and social security | 45 | €10,966 | €9,617 | -€1,350 | -12.3% |
| Taxes | 450/3 | €10,966 | €9,617 | -€1,350 | -12.3% |
| Accrued charges and deferred income | 492/3 | €26 | €26 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,328 | €7,669 | +€2,341 | +43.9% |
| Other operating charges | 640/8 | €1,218 | €1,411 | +€193 | +15.8% |
| Gross operating margin | 9900 | €65,097 | €55,726 | -€9,372 | -14.4% |
| Operating profit (loss) | 9901 | €58,552 | €46,646 | -€11,906 | -20.3% |
| Financial income | 75/76B | €6,141 | €4,064 | -€2,078 | -33.8% |
| Recurring financial income | 75 | €6,141 | €4,064 | -€2,078 | -33.8% |
| Financial charges | 65/66B | €180 | €185 | +€4 | +2.4% |
| Recurring financial charges | 65 | €180 | €185 | +€4 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €64,513 | €50,525 | -€13,988 | -21.7% |
| Income taxes | 67/77 | €18,300 | €14,647 | -€3,653 | -20.0% |
| Profit (loss) for the period | 9904 | €46,213 | €35,878 | -€10,334 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,213 | €35,878 | -€10,334 | -22.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.