ELEVICTO: 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.
ELEVICTO
Largest movements
- Receivables within one year +€48,507
up €48,507 (+95.0%), from €51,057 to €99,564
of which Trade receivables: +€72,007
- Cash -€33,044
down €33,044 (-30.7%), from €107,703 to €74,659
mainly Receivables within one year (-€48,507) and Net result for the year (-€9,703)
- Tangible fixed assets -€11,368
down €11,368 (-24.6%), from €46,134 to €34,766
- Other debts +€10,427
up €10,427 (+196%), from €5,323 to €15,750
- Tax, wage and social debts +€10,113
up €10,113 (+161%), from €6,284 to €16,398
of which Remuneration and social security: +€5,605
- Profit (loss) carried forward -€9,703
down €9,703 (-5.9%), from €164,392 to €154,689
- Trade debts -€6,743
down €6,743 (-87.3%), from €7,721 to €979
- Taxes +€26,423
up €26,423 (+1,973%), from €1,340 to €27,762
- Gross operating margin +€13,047
up €13,047 (+49.6%), from €26,308 to €39,354
- Purchases and services +€8,876
up €8,876 (+6.4%), from €137,988 to €146,864
- Depreciation +€435
up €435 (+2.2%), from €20,125 to €20,560
- Other operating charges +€403
up €403 (+1,298%), from €31 to €434
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 | €204,894 | €208,989 | +€4,095 | +2.0% |
| Fixed assets | 21/28 | €46,134 | €34,766 | -€11,368 | -24.6% |
| Tangible fixed assets | 22/27 | €46,134 | €34,766 | -€11,368 | -24.6% |
| Furniture and vehicles | 24 | €46,134 | €34,766 | -€11,368 | -24.6% |
| Current assets | 29/58 | €158,760 | €174,223 | +€15,463 | +9.7% |
| Amounts receivable within one year | 40/41 | €51,057 | €99,564 | +€48,507 | +95.0% |
| Trade receivables | 40 | €27,397 | €99,404 | +€72,007 | +263% |
| Other amounts receivable | 41 | €23,660 | €160 | -€23,501 | -99.3% |
| Cash at bank and in hand | 54/58 | €107,703 | €74,659 | -€33,044 | -30.7% |
| Total equity and liabilities | 10/49 | €204,894 | €208,989 | +€4,095 | +2.0% |
| Equity | 10/15 | €185,565 | €175,862 | -€9,703 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,574 | €2,574 | = | 0.0% |
| Distributable reserves | 133 | €2,574 | €2,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,392 | €154,689 | -€9,703 | -5.9% |
| Amounts payable | 17/49 | €19,329 | €33,127 | +€13,798 | +71.4% |
| Amounts payable within one year | 42/48 | €19,329 | €33,127 | +€13,798 | +71.4% |
| Trade debts | 44 | €7,721 | €979 | -€6,743 | -87.3% |
| Suppliers | 440/4 | €7,721 | €979 | -€6,743 | -87.3% |
| Taxes, remuneration and social security | 45 | €6,284 | €16,398 | +€10,113 | +161% |
| Taxes | 450/3 | €6,208 | €10,716 | +€4,508 | +72.6% |
| Remuneration and social security | 454/9 | €76 | €5,681 | +€5,605 | +7,382% |
| Other amounts payable | 47/48 | €5,323 | €15,750 | +€10,427 | +196% |
| Goods, raw materials, services and sundry goods | 60/61 | €137,988 | €146,864 | +€8,876 | +6.4% |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,125 | €20,560 | +€435 | +2.2% |
| Other operating charges | 640/8 | €31 | €434 | +€403 | +1,298% |
| Gross operating margin | 9900 | €26,308 | €39,354 | +€13,047 | +49.6% |
| Operating profit (loss) | 9901 | €5,768 | €18,361 | +€12,593 | +218% |
| Financial charges | 65/66B | - | €301 | +€301 | |
| Recurring financial charges | 65 | - | €301 | +€301 | |
| Profit (loss) for the period before taxes | 9903 | €5,768 | €18,060 | +€12,292 | +213% |
| Income taxes | 67/77 | €1,340 | €27,762 | +€26,423 | +1,973% |
| Profit (loss) for the period | 9904 | €4,428 | -€9,703 | -€14,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,428 | -€9,703 | -€14,131 |
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 15 October 2026 via checked.be.