ELF DISTRICT: 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.
ELF DISTRICT
Largest movements
- Stocks and contracts +€18,551
up €18,551 (+1067.5%), from €1,738 to €20,289
- Receivables within one year +€8,001
up €8,001 (+401.0%), from €1,995 to €9,997
- Cash +€6,989
up €6,989 (+194.6%), from €3,591 to €10,580
mainly Trade debts (+€17,612) and Advances received (+€6,516)
- Trade debts +€17,612
up €17,612 (+575.6%), from €3,060 to €20,672
- Advances received +€6,516
new in 2024: €6,516
- Other debts +€4,029
new in 2024: €4,029
- Tax, wage and social debts +€3,472
up €3,472 (+90.3%), from €3,844 to €7,317
of which Remuneration and social security: +€3,350
- Profit (loss) carried forward +€1,911
up €1,911, from -€1,580 to €331
- Gross operating margin +€3,373
up €3,373, from -€1,025 to €2,348
- Other operating charges -€441
down €441 (-67.9%), from €650 to €209
- Financial charges +€147
up €147 (+5864.0%), from €3 to €149
- Taxes +€122
new in 2024: €122
- Financial income -€53
down €53 (-55.1%), from €97 to €44
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.
Cash bridge derived
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 | €7,324 | €40,865 | +€33,541 | +457.9% |
| Current assets | 29/58 | €7,324 | €40,865 | +€33,541 | +457.9% |
| Stocks and contracts in progress | 3 | €1,738 | €20,289 | +€18,551 | +1067.5% |
| Stocks | 30/36 | €1,738 | €20,289 | +€18,551 | +1067.5% |
| Amounts receivable within one year | 40/41 | €1,995 | €9,997 | +€8,001 | +401.0% |
| Other amounts receivable | 41 | €1,995 | €9,997 | +€8,001 | +401.0% |
| Cash at bank and in hand | 54/58 | €3,591 | €10,580 | +€6,989 | +194.6% |
| Total equity and liabilities | 10/49 | €7,324 | €40,865 | +€33,541 | +457.9% |
| Equity | 10/15 | €420 | €2,331 | +€1,911 | +455.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,580 | €331 | +€1,911 | |
| Amounts payable | 17/49 | €6,904 | €38,534 | +€31,630 | +458.1% |
| Amounts payable within one year | 42/48 | €6,904 | €38,534 | +€31,630 | +458.1% |
| Trade debts | 44 | €3,060 | €20,672 | +€17,612 | +575.6% |
| Suppliers | 440/4 | €3,060 | €20,672 | +€17,612 | +575.6% |
| Advances received on contracts in progress | 46 | - | €6,516 | +€6,516 | |
| Taxes, remuneration and social security | 45 | €3,844 | €7,317 | +€3,472 | +90.3% |
| Taxes | 450/3 | - | €122 | +€122 | |
| Remuneration and social security | 454/9 | €3,844 | €7,194 | +€3,350 | +87.1% |
| Other amounts payable | 47/48 | - | €4,029 | +€4,029 | |
| Other operating charges | 640/8 | €650 | €209 | -€441 | -67.9% |
| Gross operating margin | 9900 | -€1,025 | €2,348 | +€3,373 | |
| Operating profit (loss) | 9901 | -€1,675 | €2,139 | +€3,814 | |
| Financial income | 75/76B | €97 | €44 | -€53 | -55.1% |
| Recurring financial income | 75 | €97 | €44 | -€53 | -55.1% |
| Financial charges | 65/66B | €3 | €149 | +€147 | +5864.0% |
| Recurring financial charges | 65 | €3 | €149 | +€147 | +5864.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,580 | €2,034 | +€3,614 | |
| Income taxes | 67/77 | - | €122 | +€122 | |
| Profit (loss) for the period | 9904 | -€1,580 | €1,911 | +€3,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,580 | €1,911 | +€3,492 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.