ELHA STUDIO: 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.
ELHA STUDIO
Largest movements
- Receivables within one year -€2,000
no longer reported in 2024 (was €2,000)
- Stocks and contracts -€1,340
down €1,340 (-26.8%), from €5,002 to €3,662
- Cash +€984
up €984 (+14.5%), from €6,798 to €7,782
mainly Receivables within one year (+€2,000) and Other debts (+€1,791)
- Tax, wage and social debts -€3,339
down €3,339 (-63.7%), from €5,241 to €1,903
of which Taxes: -€3,339
- Profit (loss) carried forward -€2,458
down €2,458 (-12.1%), from -€20,249 to -€22,707
- Other debts +€1,791
new in 2024: €1,791
- Trade debts +€1,648
up €1,648 (+149.7%), from €1,101 to €2,749
- Current portion of long-term debt +€696
new in 2024: €696
- Purchases and services -€57,762
no longer reported in 2024 (was €57,762)
- Turnover -€49,931
no longer reported in 2024 (was €49,931)
- Gross operating margin +€7,858
up €7,858, from -€7,831 to €27
- Financial income -€2,373
down €2,373 (-88.0%), from €2,697 to €323
of which Non-recurring financial income: -€2,599
- Taxes -€1,277
down €1,277 (-36.6%), from €3,492 to €2,215
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 | €13,890 | €11,534 | -€2,356 | -17.0% |
| Fixed assets | 21/28 | €90 | €90 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | 0.0% |
| Land and buildings | 22 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €13,800 | €11,444 | -€2,356 | -17.1% |
| Stocks and contracts in progress | 3 | €5,002 | €3,662 | -€1,340 | -26.8% |
| Stocks | 30/36 | €5,002 | €3,662 | -€1,340 | -26.8% |
| Amounts receivable within one year | 40/41 | €2,000 | - | -€2,000 | |
| Trade receivables | 40 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €6,798 | €7,782 | +€984 | +14.5% |
| Total equity and liabilities | 10/49 | €13,890 | €11,534 | -€2,356 | -17.0% |
| Equity | 10/15 | €6,854 | €4,396 | -€2,458 | -35.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €6,643 | €6,643 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Other | 1319 | - | €0 | = | |
| Distributable reserves | 133 | €6,643 | €6,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,249 | -€22,707 | -€2,458 | -12.1% |
| Amounts payable | 17/49 | €7,037 | €7,138 | +€102 | +1.4% |
| Amounts payable within one year | 42/48 | €7,037 | €7,138 | +€102 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | - | €696 | +€696 | |
| Financial debts | 43 | €695 | - | -€695 | |
| Credit institutions | 430/8 | €695 | - | -€695 | |
| Trade debts | 44 | €1,101 | €2,749 | +€1,648 | +149.7% |
| Suppliers | 440/4 | €1,101 | €2,749 | +€1,648 | +149.7% |
| Taxes, remuneration and social security | 45 | €5,241 | €1,903 | -€3,339 | -63.7% |
| Taxes | 450/3 | €5,241 | €1,903 | -€3,339 | -63.7% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | - | €1,791 | +€1,791 | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €49,931 | - | -€49,931 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €57,762 | - | -€57,762 | |
| Other operating charges | 640/8 | €328 | €335 | +€7 | +2.1% |
| Gross operating margin | 9900 | -€7,831 | €27 | +€7,858 | |
| Operating profit (loss) | 9901 | -€8,159 | -€308 | +€7,851 | +96.2% |
| Financial income | 75/76B | €2,697 | €323 | -€2,373 | -88.0% |
| Recurring financial income | 75 | €98 | €323 | +€225 | +229.9% |
| Non-recurring financial income | 76B | €2,599 | - | -€2,599 | |
| Financial charges | 65/66B | €262 | €259 | -€3 | -1.3% |
| Recurring financial charges | 65 | €262 | €259 | -€3 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,724 | -€243 | +€5,481 | +95.8% |
| Income taxes | 67/77 | €3,492 | €2,215 | -€1,277 | -36.6% |
| Profit (loss) for the period | 9904 | -€9,216 | -€2,458 | +€6,758 | +73.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,216 | -€2,458 | +€6,758 | +73.3% |
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 2 October 2026 via checked.be.