ELEVE-OUTDOOR: 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.
ELEVE-OUTDOOR
Largest movements
- Tangible fixed assets +€5,241
up €5,241 (+85.7%), from €6,118 to €11,359
of which Plant, machinery and equipment: +€9,190
- Receivables within one year +€4,626
up €4,626 (+117%), from €3,951 to €8,577
of which Trade receivables: +€3,101
- Cash +€2,884
up €2,884 (+21.7%), from €13,285 to €16,169
mainly Net result for the year (+€10,189) and Depreciation (+€8,813)
- Intangible fixed assets -€2,566
down €2,566 (-50.0%), from €5,134 to €2,567
- Stocks and contracts -€1,300
down €1,300 (-3.4%), from €37,969 to €36,668
- Debts after one year -€13,380
down €13,380 (-49.3%), from €27,162 to €13,782
- Reserves +€10,189
up €10,189 (+125%), from €8,138 to €18,327
- Trade debts +€4,831
up €4,831 (+62.7%), from €7,707 to €12,538
- Tax, wage and social debts +€4,454
up €4,454 (+83.9%), from €5,309 to €9,763
of which Taxes: +€3,378
- Other debts +€3,225
up €3,225 (+40.5%), from €7,964 to €11,189
- Financial charges -€7,444
down €7,444 (-82.6%), from €9,015 to €1,571
- Gross operating margin +€3,770
up €3,770 (+14.2%), from €26,565 to €30,336
- Taxes +€1,987
up €1,987 (+77.7%), from €2,557 to €4,544
- Other operating charges +€1,669
up €1,669 (+69.0%), from €2,420 to €4,089
- Staff costs +€1,242
new in 2025: €1,242
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.
Derived cash bridge
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 | €71,436 | €79,979 | +€8,543 | +12.0% |
| Fixed assets | 21/28 | €15,452 | €18,127 | +€2,675 | +17.3% |
| Intangible fixed assets | 21 | €5,134 | €2,567 | -€2,566 | -50.0% |
| Tangible fixed assets | 22/27 | €6,118 | €11,359 | +€5,241 | +85.7% |
| Plant, machinery and equipment | 23 | - | €9,190 | +€9,190 | |
| Furniture and vehicles | 24 | €6,118 | €2,169 | -€3,949 | -64.5% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €55,984 | €61,852 | +€5,869 | +10.5% |
| Stocks and contracts in progress | 3 | €37,969 | €36,668 | -€1,300 | -3.4% |
| Stocks | 30/36 | €37,969 | €36,668 | -€1,300 | -3.4% |
| Amounts receivable within one year | 40/41 | €3,951 | €8,577 | +€4,626 | +117% |
| Trade receivables | 40 | €3,773 | €6,875 | +€3,101 | +82.2% |
| Other amounts receivable | 41 | €178 | €1,702 | +€1,525 | +858% |
| Cash at bank and in hand | 54/58 | €13,285 | €16,169 | +€2,884 | +21.7% |
| Deferred charges and accrued income | 490/1 | €779 | €438 | -€341 | -43.7% |
| Total equity and liabilities | 10/49 | €71,436 | €79,979 | +€8,543 | +12.0% |
| Equity | 10/15 | €9,138 | €19,327 | +€10,189 | +112% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,138 | €18,327 | +€10,189 | +125% |
| Distributable reserves | 133 | €8,138 | €18,327 | +€10,189 | +125% |
| Amounts payable | 17/49 | €62,298 | €60,652 | -€1,646 | -2.6% |
| Amounts payable after more than one year | 17 | €27,162 | €13,782 | -€13,380 | -49.3% |
| Financial debts | 170/4 | €27,162 | €13,782 | -€13,380 | -49.3% |
| Amounts payable within one year | 42/48 | €33,969 | €46,870 | +€12,901 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €12,989 | €13,380 | +€391 | +3.0% |
| Trade debts | 44 | €7,707 | €12,538 | +€4,831 | +62.7% |
| Suppliers | 440/4 | €7,707 | €12,538 | +€4,831 | +62.7% |
| Taxes, remuneration and social security | 45 | €5,309 | €9,763 | +€4,454 | +83.9% |
| Taxes | 450/3 | €5,309 | €8,687 | +€3,378 | +63.6% |
| Remuneration and social security | 454/9 | - | €1,076 | +€1,076 | |
| Other amounts payable | 47/48 | €7,964 | €11,189 | +€3,225 | +40.5% |
| Accrued charges and deferred income | 492/3 | €1,167 | - | -€1,167 | |
| Remuneration, social security and pensions | 62 | - | €1,242 | +€1,242 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,489 | €8,813 | -€676 | -7.1% |
| Other operating charges | 640/8 | €2,420 | €4,089 | +€1,669 | +69.0% |
| Gross operating margin | 9900 | €26,565 | €30,336 | +€3,770 | +14.2% |
| Operating profit (loss) | 9901 | €14,656 | €16,191 | +€1,535 | +10.5% |
| Financial income | 75/76B | €12 | €113 | +€101 | +864% |
| Recurring financial income | 75 | €12 | €113 | +€101 | +864% |
| Financial charges | 65/66B | €9,015 | €1,571 | -€7,444 | -82.6% |
| Recurring financial charges | 65 | €9,015 | €1,571 | -€7,444 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €5,653 | €14,733 | +€9,080 | +161% |
| Income taxes | 67/77 | €2,557 | €4,544 | +€1,987 | +77.7% |
| Profit (loss) for the period | 9904 | €3,096 | €10,189 | +€7,093 | +229% |
| Profit (loss) for the period to be appropriated | 9905 | €3,096 | €10,189 | +€7,093 | +229% |
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 27 October 2026 via checked.be.