ELEVA: 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.
ELEVA
Largest movements
- Cash +€17,558
new in 2023: €17,558
mainly Net result for the year (+€20,641) and Receivables within one year (+€17,131)
- Receivables within one year -€17,131
down €17,131 (-26.8%), from €63,903 to €46,772
of which Trade receivables: -€22,306
- Profit (loss) carried forward +€20,641
up €20,641, from -€7,090 to €13,551
- Other debts -€14,623
down €14,623 (-54.8%), from €26,670 to €12,047
- Tax, wage and social debts -€8,375
down €8,375 (-67.0%), from €12,499 to €4,124
of which Remuneration and social security: -€10,231
- Trade debts +€7,299
up €7,299 (+34.9%), from €20,943 to €28,243
- Short-term financial debts -€5,008
no longer reported in 2023 (was €5,008)
- Gross operating margin +€40,698
up €40,698, from -€15,068 to €25,630
- Other operating charges -€1,190
down €1,190 (-61.7%), from €1,928 to €738
- Depreciation -€1,167
down €1,167 (-70.3%), from €1,661 to €493
- Financial charges +€693
up €693 (+25.0%), from €2,775 to €3,468
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,460 | €64,394 | -€65 | -0.1% |
| Fixed assets | 21/28 | €557 | €64 | -€493 | -88.6% |
| Tangible fixed assets | 22/27 | €557 | €64 | -€493 | -88.6% |
| Plant, machinery and equipment | 23 | €557 | €64 | -€493 | -88.6% |
| Current assets | 29/58 | €63,903 | €64,331 | +€428 | +0.7% |
| Amounts receivable within one year | 40/41 | €63,903 | €46,772 | -€17,131 | -26.8% |
| Trade receivables | 40 | €61,332 | €39,026 | -€22,306 | -36.4% |
| Other amounts receivable | 41 | €2,571 | €7,747 | +€5,176 | +201.3% |
| Cash at bank and in hand | 54/58 | - | €17,558 | +€17,558 | |
| Total equity and liabilities | 10/49 | €64,460 | €64,394 | -€65 | -0.1% |
| Equity | 10/15 | -€890 | €19,751 | +€20,641 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,090 | €13,551 | +€20,641 | |
| Amounts payable | 17/49 | €65,350 | €44,643 | -€20,707 | -31.7% |
| Amounts payable within one year | 42/48 | €65,350 | €44,643 | -€20,707 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €230 | €230 | = | 0.0% |
| Financial debts | 43 | €5,008 | - | -€5,008 | |
| Credit institutions | 430/8 | €5,008 | - | -€5,008 | |
| Trade debts | 44 | €20,943 | €28,243 | +€7,299 | +34.9% |
| Suppliers | 440/4 | €20,943 | €28,243 | +€7,299 | +34.9% |
| Taxes, remuneration and social security | 45 | €12,499 | €4,124 | -€8,375 | -67.0% |
| Taxes | 450/3 | €2,268 | €4,124 | +€1,856 | +81.8% |
| Remuneration and social security | 454/9 | €10,231 | - | -€10,231 | |
| Other amounts payable | 47/48 | €26,670 | €12,047 | -€14,623 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,661 | €493 | -€1,167 | -70.3% |
| Other operating charges | 640/8 | €1,928 | €738 | -€1,190 | -61.7% |
| Gross operating margin | 9900 | -€15,068 | €25,630 | +€40,698 | |
| Operating profit (loss) | 9901 | -€18,656 | €24,399 | +€43,055 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,775 | €3,468 | +€693 | +25.0% |
| Recurring financial charges | 65 | €2,775 | €3,468 | +€693 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,432 | €20,931 | +€42,363 | |
| Income taxes | 67/77 | €186 | €290 | +€104 | +56.0% |
| Profit (loss) for the period | 9904 | -€21,617 | €20,641 | +€42,259 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,617 | €20,641 | +€42,259 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.