Elfen Sieraden: 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.
Elfen Sieraden
Largest movements
- Receivables within one year -€1,182
down €1,182 (-57.6%), from €2,054 to €872
- Tangible fixed assets -€354
down €354 (-45.1%), from €785 to €431
- Cash -€257
down €257 (-39.6%), from €649 to €392
mainly Net result for the year (-€4,765) and Trade debts (-€1,851)
- Stocks and contracts -€105
down €105 (-2.5%), from €4,261 to €4,156
- Profit (loss) carried forward -€4,765
down €4,765 (-4.9%), from -€97,507 to -€102,272
- Other debts +€3,824
up €3,824 (+4.8%), from €80,255 to €84,080
- Trade debts -€1,851
down €1,851 (-28.9%), from €6,400 to €4,550
- Tax, wage and social debts +€893
up €893, from €0 to €893
- Gross operating margin -€3,210
down €3,210 (-441%), from -€728 to -€3,938
- Financial charges -€408
down €408 (-86.9%), from €470 to €62
- Depreciation +€77
up €77 (+27.5%), from €278 to €354
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 | €7,749 | €5,851 | -€1,898 | -24.5% |
| Fixed assets | 21/28 | €785 | €431 | -€354 | -45.1% |
| Tangible fixed assets | 22/27 | €785 | €431 | -€354 | -45.1% |
| Furniture and vehicles | 24 | €785 | €431 | -€354 | -45.1% |
| Current assets | 29/58 | €6,964 | €5,420 | -€1,544 | -22.2% |
| Stocks and contracts in progress | 3 | €4,261 | €4,156 | -€105 | -2.5% |
| Stocks | 30/36 | €4,261 | €4,156 | -€105 | -2.5% |
| Amounts receivable within one year | 40/41 | €2,054 | €872 | -€1,182 | -57.6% |
| Other amounts receivable | 41 | €2,054 | €872 | -€1,182 | -57.6% |
| Cash at bank and in hand | 54/58 | €649 | €392 | -€257 | -39.6% |
| Total equity and liabilities | 10/49 | €7,749 | €5,851 | -€1,898 | -24.5% |
| Equity | 10/15 | -€78,907 | -€83,672 | -€4,765 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,507 | -€102,272 | -€4,765 | -4.9% |
| Amounts payable | 17/49 | €86,656 | €89,522 | +€2,867 | +3.3% |
| Amounts payable within one year | 42/48 | €86,656 | €89,522 | +€2,867 | +3.3% |
| Trade debts | 44 | €6,400 | €4,550 | -€1,851 | -28.9% |
| Suppliers | 440/4 | €6,400 | €4,550 | -€1,851 | -28.9% |
| Taxes, remuneration and social security | 45 | €0 | €893 | +€893 | |
| Taxes | 450/3 | €0 | €893 | +€893 | |
| Other amounts payable | 47/48 | €80,255 | €84,080 | +€3,824 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €354 | +€77 | +27.5% |
| Other operating charges | 640/8 | €387 | €411 | +€24 | +6.2% |
| Gross operating margin | 9900 | -€728 | -€3,938 | -€3,210 | -441% |
| Operating profit (loss) | 9901 | -€1,393 | -€4,703 | -€3,310 | -238% |
| Financial charges | 65/66B | €470 | €62 | -€408 | -86.9% |
| Recurring financial charges | 65 | €470 | €62 | -€408 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,863 | -€4,765 | -€2,902 | -156% |
| Profit (loss) for the period | 9904 | -€1,863 | -€4,765 | -€2,902 | -156% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,863 | -€4,765 | -€2,902 | -156% |
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 31 October 2026 via checked.be.